Canadian government investigating another hack at Global Affairs
The Canadian government is investigating what could be a major data breach at its foreign affairs department. CBC News says there is an investigation into what it calls a prolonged data security breach on the internal network of Global Affairs Canada. At least two internal hard drives, as well as
Read moreElon Musk’s $56B Tesla pay deal is unfair, judge rules
A Delaware judge ruled Tuesday that Elon Musk’s $56 billion multi-billion pay package is unfair, voiding the largest in compensation deal in corporate history. The decision, issued Tuesday in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk, the world’s richest person, can’t keep the 2018 compensation
Read moreRetailers at critical juncture due to severe tech gaps: SOTI study
A new study released today reveals that the retail industry in Canada and elsewhere around the world faces major challenges as a result of consumers experiencing a major “disconnect between their shopping expectations and the in-store reality.” The study, conducted by Mississauga-based SOTI, a provider of mobile and IoT device
Read moreOfcom report finds 1 in 5 harmful content search results were ‘one-click gateways’ to more toxicity
Move over, TikTok. Ofcom, the U.K. regulator enforcing the now official Online Safety Act, is gearing up to size up an even bigger target: search engines like Google and Bing and the role that they play in presenting self-injury, suicide and other harmful content at the click of a button,
Read moreUniversal Music Group plans to pull song catalog from TikTok
Universal Music Group (UMG), the label representing artists including Taylor Swift, Billie Eilish and Ariana Grande, says that it’ll pull its music from TikTok tomorrow at midnight after failing to reach a deal with the platform’s parent company, ByteDance, over royalties. UMG won’t seek to renew its current arrangement with
Read moreAmid a fairly flat European market, Giant Ventures raises $250M to invest transatlantically
Giant Ventures, a U.K.-based VC that has made a habit of investing on both sides of the Atlantic, is launching two new funds, totaling $250 million. Its previous fund totaled $100 million. The firm invests across climate, health and what it calls “purpose-driven” startups and some used to call “impact”
Read moreThe Taylor Swift deepfake debacle was frustratingly preventable
You know you’ve screwed up when you’ve simultaneously angered the White House, the TIME Person of the Year, and pop culture’s most rabid fanbase. That’s what happened last week to X, the Elon Musk-owned platform formerly called Twitter, when AI-generated, pornographic deepfake images of Taylor Swift went viral. One of
Read moreNavigating media’s ups and downs with theSkimm co-founders
Welcome back to Found, where we get the stories behind the startups. This week Becca flew solo with Carly Zakin and Danielle Weisberg, the co-founders and co-CEOs of theSkimm, a digital media company delivering news through newsletter targeted at millennial women. Zakin and Weisberg talked about what market gap they
Read moreTwitterrific’s team is back with Tapestry, an app for tracking social media, news, RSS, and more
The Iconfactory, the maker of a popular third-party Twitter client, Twitterrific, that was among those killed off by Twitter under Elon Musk’s management, is hoping to recover from its losses with a new app that combines your social media, news feeds, and alerts into one experience. The app, dubbed “Project
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