The Justice Department exposes a thwarted malware attack on Tesla, Facebook measures linking your report subscriptions to your social network account and Xiaomi has plans for under-screen cameras. This is your Daily Crunch for August 28, 2020.
The big legend: Tesla targeted against ransomware attack
The Justice Department exhausted a complaint Thursday describing a thwarted malware attack against an unidentified corporation in Sparks, Nevada, where Tesla has a factory. And Elon Musk confirmed in a tweet that Tesla was the target:” This was a serious attack .”
In the complaint, the Justice Department alleged that Russian national Egor Igorevich Kriuchkov attempted to recruit and bribe a Tesla employee to introduce malware in the company’s network — specifically ransomware, which encrypts a victim’s files and, in such cases, would also have exfiltrated the data to the hacker’s servers.
The tech giants
Facebook tests linking your FB account to your news subscriptions — Once you’re joined, if you encounter a paywalled section on Facebook, you’ll be able to read it without hitting the paywall or having to log in again.
Xiaomi plans to bring under-screen cameras to its smartphones next year — The company says it’s been able to effectively doubled the pixel density of competing engineering, letting lamp through to the camera without relinquishing the uniformity of the screen.
Startups, fund and venture capital
Railsbank is buying Wirecard Card Solutions, the UK arm of the dishonor fintech — Wirecard collapsed into insolvency earlier this year after facing a huge accounting scandal and subsequently failing to make payments on $1.5 billion in loans.
Steno grows $3.5 million led by First Round to become an extension of statute powers — Steno’s first offering indications up field reporters and pays them, removing both possible headaches from lawyers’ to-do lists.
Femtech positioned for emergence beyond birthrate — That’s according to an psychoanalyst notation from PitchBook, which links opportunities for financiers in diversifying out from a traditional focus on reproductive health.
Advice and analysis from Extra Crunch
SaaS broths subsist earnings, restraining the market heated for software startups, departs — We’re on the other end of nearly every single SaaS earnings report that you can referred( with the exception of Slack ).
Podcast is social: How China’s Lizhi makes audio interactive –” I earned from my eras working in radio that interaction is the best monetization model in the audio business ,” benefactor Marco Lai told us.
What does GPT-3 mean for the future of the legal profession ? — Rudy DeFelice of Keesal Propulsion Labs argues that GPT-3 might be a game changer in law and other knowledge-focused organizations.
( Reminder: Extra Crunch is our subscription membership program, which aims to democratize informed about startups. You can sign up now .)
GM switches Corvette engineering team to its electric and autonomous vehicle curricula — Specifically, the team responsible for the the mid-engine Chevrolet Corvette.
Android security bug let malevolent apps siphon off private consumer data — App security startup Oversecured found the shortcoming in Google’s widely distributed Play Core library.
Laura Deming, Frederik Groce, Amish Jani, Jessica Verrilli and Vanessa Larco are coming to Disrupt — They’re just five of this year’s Startup Battlefield judges.
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