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Arm is launching its own chip this year with Meta as a customer

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Public semiconductor company Arm will start making its own chips this year after landing a high-profile enterprise customer. Arm, which is majorly owned by SoftBank, will start making its own chips now that Meta has signed on as a customer, according to the Financial Times. The chip is expected to be a CPU for servers … Read more

Coinbase must face customer lawsuit in New York: Judge

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A U.S. judge has ruled that crypto exchange Coinbase must face a class action lawsuit filed by customers in New York, Reuters has reported. The lawsuit alleges that Coinbase illegally sold securities and that it acted as a direct seller. In a ruling delivered on Feb. 7, U.S. District Judge Paul Engelmayer rejected Coinbase’s argument … Read more

Spyware maker Paragon confirms U.S. government is a customer

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Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that, “Paragon licenses its technology to a select group of global democracies — principally, the United States and its allies.” … Read more

MGM Resorts settles lawsuits after millions of customer records stolen in data breaches

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Hotel and casino giant MGM Resorts has agreed to pay $45 million to settle more than a dozen class action lawsuits after hackers stole personal data on millions of customers in two separate cyberattacks. MGM agreed to the settlement on January 21, according to a recent court filing, as first reported by The Record. A … Read more

AT&T Says It Will Now Credit You for Outages and Long Customer Service Wait Times

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AT&T says that it wants to improve its customer service, and one way in which it is going about that is by crediting customers for internet outages and long wait times on the phone. The company said Wednesday that going forward, customers will receive a full-day bill credit for any fiber outage longer than 20 … Read more

Backpack addresses controversy over FTX EU acquisition and customer funds

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Cryptocurrency exchange Backpack issued a statement addressing controversy surrounding its purchase of FTX EU. Questions about the sale of FTX EU and who’s responsible for customer funds have sparked a response from Backpack Exchange, after the FTX estate’s statements left some confusion. The issue seems to be around conflicting claims about who owns FTX EU … Read more

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