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Microsoft Reportedly Breached in Cyberattack on Government Agencies

By
Kevin McLaughlin
· · Source: Reuters

Microsoft may have been breached as part of suspected Russian state-sponsored cyberattacks on network management software provider SolarWinds, Reuters reported . But Microsoft executives pushed back on one claim in the Reuters story: that the hackers, after penetrating Microsoft’s systems through SolarWinds, used Microsoft’s own products to carry out additional attacks. The company’s...

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Oracle’s Answer to the Microsoft-OpenAI Alliance: Cozying Up to Cohere
By Anissa Gardizy · June 9, 2023 2:08 PM PDT
Oracle co-founder talks to Elon Musk in Miami in May. Photo by Getty
Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access...
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CareRev co-founder Will Patterson stepped down as CEO last week. Art by Clark Miller
Exclusive startups venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
By Paris Martineau
Will Patterson was on a hot streak. As the co-founder and CEO of CareRev—a gig-work platform sometimes described as an “Uber for nurses”—he saw his company’s business surge during the pandemic as hospitals and clinics scrambled to find healthcare workers.
Photo via Shutterstock.
Exclusive startups Finance
Inside the Culture Clash at JPMorgan and WePay
By Michael Roddan
When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal.
Art by Clark Miller.
The Big Read space venture capital
The Overlapping Galaxies of Delian Asparouhov
By Margaux MacColl
Delian Asparouhov, newly minted Founders Fund partner and co-founder of Varda Space Industries, is obsessed with speed.
Marc Andreessen. Photo: Bloomberg.
Exclusive startups venture capital
Andreessen Horowitz Merges Fintech and Consumer Teams After Some Bets Fizzle
By Kate Clark and Erin Woo
Andreessen Horowitz has combined its finance and consumer investment teams into one, merging what were two of the hottest pandemic-era investment categories that have since cooled.
Peng Zhao, CEO of Citadel Securities. Photo by Bloomberg.
Exclusive ai venture capital
Wall Street Firm Citadel Securities Courts AI Startups for Trading Edge
By Jon Victor and Cory Weinberg
Citadel Securities, a prominent high-frequency trading firm, has told startup founders and investors it is looking to license software from artificial intelligence startups working on large-language models or to buy stakes in them, according to two people with knowledge of the conversations.
Adam D'Angelo photograph by Ko Sasaki. Art by Clark Miller
The 1:1 ai
Adam D’Angelo’s Endless Quest to Answer Everything
By Arielle Pardes
Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.