Mike Scarcella / Reuters:
Filing: Meta agrees to settle a 2022 lawsuit by Texas accusing Meta of using facial recognition tech to collect biometric data of Texans without their consent — Meta’s Facebook (META.O) has agreed to settle a lawsuit by the state of Texas that accused the social media giant …
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto (Sarah Wynn/The Block)
Sarah Wynn / The Block:
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto — – U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 …
Researchers say a threat actor claims to have hacked Ticketmaster and Santander using stolen credentials of a Snowflake employee; Snowflake disputes the claims (Sergiu Gatlan/BleepingComputer)
Sergiu Gatlan / BleepingComputer:
Researchers say a threat actor claims to have hacked Ticketmaster and Santander using stolen credentials of a Snowflake employee; Snowflake disputes the claims — A threat actor claiming recent Santander and Ticketmaster breaches says they stole data after hacking into an employee’s account at cloud storage company Snowflake.
Hacking group ShinyHunters offers to sell alleged data of Santander staff and 30M customers; Santander warned on May 14 that a database had been compromised (Owen Walker/Financial Times)
Owen Walker / Financial Times:
Hacking group ShinyHunters offers to sell alleged data of Santander staff and 30M customers; Santander warned on May 14 that a database had been compromised — ShinyHunters group is advertising data it says includes account details of 30mn customers — Hackers are offering to sell …
Filing: Ticketmaster confirms “unauthorized activity within a third-party cloud database”, after a hacking group advertised alleged data of 560M users for sale (Joseph Cox/404 Media)
Joseph Cox / 404 Media:
Filing: Ticketmaster confirms “unauthorized activity within a third-party cloud database”, after a hacking group advertised alleged data of 560M users for sale — Live Nation, the parent company of Ticketmaster, confirmed it found “unauthorized activity” within a cloud database …
Global foldable phone shipments were up 49% YoY in Q1, marking its highest rate of increase in six quarters; Huawei led with a 35% share, overtaking Samsung (Counterpoint Research)
Counterpoint Research:
Global foldable phone shipments were up 49% YoY in Q1, marking its highest rate of increase in six quarters; Huawei led with a 35% share, overtaking Samsung — – Global foldable smartphone shipments were up 49% YoY in Q1 2024, driven by Huawei, HONOR and Motorola.
Startup Fable Studio announces Showrunner, a streaming service that lets users watch AI-generated series and create their own series by writing prompts (Winston Cho/The Hollywood Reporter)
Winston Cho / The Hollywood Reporter:
Startup Fable Studio announces Showrunner, a streaming service that lets users watch AI-generated series and create their own series by writing prompts — Fable, the studio behind the viral AI-generated ‘South Park’ clips, has announced a streaming platform that allows users to create their own content.
Meta is notifying Instagram and Facebook EU users that it’s using their data to train its AI models, and users can opt out, “if your objection is honoured” (Ben Lovejoy/9to5Mac)
Ben Lovejoy / 9to5Mac:
Meta is notifying Instagram and Facebook EU users that it’s using their data to train its AI models, and users can opt out, “if your objection is honoured” — If you use Instagram or Facebook, Meta is using your data to train its AI models. The company uses posts as training material for its generative AI systems.
FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding (Brian Fung/CNN)
Brian Fung / CNN:
FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding — The Affordable Connectivity Program, which helped low-income Americans get online, is no more. — On Friday, the US government announced …
Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident (Reuters)
Reuters:
Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident — TOKYO, May 31 (Reuters) – Japan’s cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin …