Tech Industry Turbulence and Triumphs

The fire sale on tech companies has begun. More big important hacks to be aware of. Another crypto bridge has been compromised. Amazon wants you to know about their AI coding tool. TikTok turns on the money spigot. And, of course, the weekend longreads suggestions.

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Links:

• Zendesk to be acquired by investor group for $10.2 billion (CNBC)
• Google is notifying Android users targeted by Hermit government-grade spyware (TechCrunch)
• CISA, US Coast Guard warn of Log4Shell attacks after 130GB data breach in May (The Record)
• Breaking: Harmony’s Horizon Bridge hacked for $100M (CoinTelegraph)
• Amazon launches CodeWhisperer, a GitHub Copilot-like AI pair programming tool (TechCrunch)
• TikTok Turns On the Money Machine (Bloomberg)

Weekend Longreads Suggestions:

• Web3 Use Cases: Today (Not Boring)
• Where are all the crypto use cases? (Evan Conrad)
• How Russia’s vaunted cyber capabilities were frustrated in Ukraine (Washington Post)
• Self-Driving Big Rigs Are Coming. Is America Ready? (WSJ)
• How Townscaper Works: A Story Four Games in the Making (Game Developer)

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