wrote

“Global Announcement: Mercenary Attacks Targeting Apple Users Conveyed to 92 Countries”

Gettyimages 528771760
Apple sent threat notifications to iPhone users in 92 countries on Wednesday, warning them that may have been targeted by mercenary spyware attacks. The company sent the alerts to individuals in 92 nations at 12pm Pacific Time on Wednesday. “Apple detected that you are being targeted by a mercenary spyware attack that is trying to remotely compromise the iPhone associated with your Apple ID -xxx-,” the company wrote in the warning to customers. “This attack is likely targeting you specifically because of who you are or what you do. Although it’s never possible to achieve absolute certainty when detecting such attacks, Apple has high confidence in this warning — please take it seriously.”The iPhone-maker sends these notifications multiple times a year and has notified users in over 150 countries since 2021, it wrote in an updated support page.

Incorporating Affinity: Enhancing Canva’s Competitive Edge Against Adobe’s Creative Suite

Gettyimages 1859685301
Canva has typically targeted the beginner for their products, but company co-Founder Cliff Obrecht sees the acquisition opening the door to more advanced users. “Canva needed products with more complex capabilities to go up against Adobe,” Wang told TechCrunch. In a blog post on the Affinity website, CEO Ashley Hewson tried to allay customer fears about the change. “In Canva, we’ve found a kindred spirit who can help us take Affinity to new levels. With Affinity, Canva gains 3 million users worldwide along with 90 employees who will be joining the company.

Inflection Founders Selected to Lead Microsoft’s New Consumer Artificial Intelligence Sector

Deepmind4 Mustafa Suleyman
Suleyman — also a co-founder of DeepMind, which Google bought in 2014 to bolster its own AI efforts — will run Microsoft’s newly formed consumer AI unit, called Microsoft AI, whereas Simonyan is joining the company as a chief scientist in the same new group. Mustafa, whose official title at Microsoft is EVP and CEO of Microsoft AI, will report to chief executive Nadella. “Several members of the Inflection team have chosen to join Mustafa and Karén at Microsoft,” Nadella wrote in a blog post. In a blog post, Inflection AI said that it will shift its focus to the AI studio business, where it builds and tests customer generative AI models. “This renewed emphasis on our API also comes with some important changes in the company,” wrote Inflection AI.

Flipkart’s Quick-Commerce Strategy in India

Gettyimages 649365936
It has heavily invested in its supply chain infrastructure over the years, with a particular focus on reducing delivery times for grocery items. Quick-commerce accounts for about 40% of the online grocery delivery category, the analysts said. “Quick commerce with a potential TAM of ~$45 billion (~7% of the grocery market of $620 billion),” they wrote. We estimate quick-commerce GMV to grow to $6.2 billion by 2025.”Indian news outlet Entrackr first reported some of the details of Flipkart’s instant commerce play Thursday. We constantly work towards delivering a wide range of products to customers with speed,” a Flipkart spokesperson said.

“Google Issues Warning to 10 Indian Companies for Avoiding Play Store Fees, Threatens App Removal”

Gettyimages 942662750
Google said on Friday it will start removing apps from its Play Store in India if developers fail to comply with its payment policy, taking a definitive stand weeks after the top Indian court granted the Android-maker with relief. Without naming them, Google said 10 companies in India, including “many well-established ones,” have not paid Google Play’s fee despite being provided with three years to prepare. “After giving these developers more than three years to prepare, including three weeks after the Supreme Court’s order, we are taking necessary steps to ensure our policies are applied consistently across the ecosystem, as we do for any form of policy violation globally,” the company wrote in a blog post. “Enforcement of our policy, when necessary, can include removal of non-compliant apps from Google Play.”This is a developing story. More to come.

“Reddit’s Public Offering: A Meme-Lover’s Dream for Traders and Trolls Alike”

Snoo Expressions
As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. The stock was so volatile, jumping more than 600% within days, that trading was halted multiple times. Retail traders tried to replicate the GameStop saga by investing in other heavily shorted stocks like AMC and Bed, Bath & Beyond, solidifying this phenomenon of trading “meme stocks,” to mixed results. This is a rare move that would let community members buy stock at the same price as institutional investors upon IPO. In 2023, Reddit incurred a net loss of $90.8 million, adding to the company’s cumulative deficit of $716.6 million.

India receives orders from Musk’s X to withhold accounts and tweets

Twitter X Logo Musk Pattern
X, formerly known as Twitter, said Wednesday it is withholding specific accounts and posts in India, action it said the firm disagrees with, in response to executive orders issued by the Indian government. Non-compliance with the executive orders, X said, would have subjected the firm to “potential penalties including significant fines and imprisonment.”X’s Global Government Affairs said legal restrictions prevent it from publishing the executive orders, but “we believe that making them public is essential for transparency.” X will file a writ appeal challenging the Indian government’s blocking orders, it said, and has notified users who are impacted by the orders. The disclosure from X follows New Delhi ordering to temporarily block about 177 accounts and posts surrounding farmers’ protests in the country. As privacy advocate Apar Gupta wrote in a recent post on X:Blocking orders for Twitter accounts of farm leaders have been issued in advance. This is not surprising, what does provide anguish is the vile commentary against farmers on social media.

Microsoft’s Inner Secrets Unveiled by Impudent Hackers

Gettyimages 1185699748 1
Hackers breached Microsoft to find out what Microsoft knows about themOn Friday, Microsoft disclosed that the hacking group it calls Midnight Blizzard, also known as APT29 — and widely believed to be sponsored by the Russian government — hacked some corporate email accounts, including those of the company’s “senior leadership team and employees in our cybersecurity, legal, and other functions.”Curiously, the hackers didn’t go after customer data or the traditional corporate information they may have normally gone after. They wanted to know more about themselves, or more specifically, they wanted to know what Microsoft knows about them, according to the company. “The investigation indicates they were initially targeting email accounts for information related to Midnight Blizzard itself,” the company wrote in a blog post and SEC disclosure. According to Microsoft, the hackers used a “password spray attack” — essentially brute forcing — against a legacy account, then used that account’s permissions to “to access a very small percentage of Microsoft corporate email accounts.”Microsoft did not disclose how many email accounts were breached, nor exactly what information the hackers accessed or stole. Microsoft took advantage of news of this hack to talk about how they are going to move forward to make itself more secure.

Amazon Announces Additional Job Cuts in Buy with Prime Division

Gettyimages 1232458870
As Amazon initiates job cuts across its entire business, including its streaming division, the e-commerce giant is now laying off employees within its Buy with Prime segment. Launched in 2022, Buy with Prime is a service that enables third-party merchants to offer Prime benefits like free shipping and returns. Buy with Prime expanded its availability in early 2023, adding more U.S. brands like BigCommerce and Sustainable Glam. “Buy with Prime is a top priority for Amazon, with strong adoption from merchants and positive feedback from customers, and we will continue investing significant resources in Buy with Prime to build on that momentum. Earlier this month, Amazon laid off 500 Twitch workers and hundreds of employees at Prime Video and MGM Studios.