Zack Whittaker / ZDNet:
Researcher finds method to bypass iOS passcode entry limit without losing data on devices with firmware as recent as iOS 11.3; requires connection to a computer — The attack allows any would-be-hacker to run as many passcodes as they want, without destroying the data.
Jen Wieczner / Fortune:
Court changes Mt. Gox bankruptcy into civil rehabilitation, allowing Mt. Gox customer compensation in bitcoins, which will more than cover their losses in cash — A Japanese court ruled Friday to pull infamous Bitcoin exchange Mt. Gox out of bankruptcy, opening the door for at least $1 billion worth …
Josh Constine / TechCrunch:
Facebook says it is working on “time well spent” features; Android app shows features like time spent in the app, reminders for self-imposed limits, and more — Are you ready for some scary numbers? After months of Mark Zuckerberg talking about how “Protecting our community …
Jordan Kahn / 9to5Mac:
Apple acknowledges unresponsive or “sticky” key problem for some MacBook and MacBook Pro keyboards, launches free repair program — Apple today launched a new MacBook & MacBook Pro service program that it says covers a small percentage of users that might experience sticky, repeated characters or unresponsive keys.
Alex Kantrowitz / BuzzFeed:
Facebook has hired a team that will try to spot vulnerabilities in its systems before bad actors exploit them to prevent abuses like 2016 US elections debacle — Silicon Valley’s giants are looking for future crises before they happen. — In an attempt to spot vulnerabilities in its system …
Paul Mozur / New York Times:
Inside the alleged heist of chip designs from US company Micron Technology for a Chinese factory, after which it faces a lawsuit and an investigation in China — JINJIANG, China — With a dragnet closing in, engineers at a Taiwanese chip maker holding American secrets did their best to conceal a daring case of corporate espionage.
Muyao Shen / CoinDesk:
Stanford University launches The Center for Blockchain Research, sponsored by a group of crypto startups, to develop best practices for blockchain — A group of crypto startups and organizations are sponsoring a new blockchain research center headquartered at Stanford University.
Theodore Schleifer / Recode:
Sources: Amsterdam-based data search and analytics startup Elastic, which has raised ~$100M, has confidentially filed for an IPO aiming for $1.5B-$3B valuation — Elastic is expected to aim for a valuation between about $1.5 and $3 billion once it hits Wall Street. — The IPOs keep coming.
Sarah Perez / TechCrunch:
After the acquisition, Twitter immediately shut down access to Smyte’s API deserting its existing customers, who were using its anti-abuse and anti-fraud tools — Twitter today announced it was acquiring the “trust and safety as a service” startup Smyte to help it better address issues related …
Kurt Wagner / Recode:
IGTV has not yet explained how creators will be paid, but likely options include mid-roll or pre-roll ads with revenue splits, or paying creators outright — Instagram doesn’t have a business for IGTV, but it’ll need to make money quickly. — Instagram wants to be TV for young people.