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Figma has confidentially filed for an IPO with the SEC, marking a major move more than a year after scrapping its $20 billion acquisition deal with Adobe due to regulatory pushback. CNBC reports: Figma's software is popular among designers inside companies who need to collaborate on prototypes for websites and apps. The company was valued at $12.5 billion in a 2024 tender offer. "There are two paths that venture-funded startups go down," Dylan Field, Figma's co-founder and CEO, said in an interview with The Verge last year. "You either get acquired or you go public. And we explored thoroughly the acquisition route."
The announcement lands at a precarious moment for the tech IPO market, which has been largely dormant since late 2021. The Trump presidency was expected to revive new offerings due to promises of less burdensome regulations.
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Vintage phishing varietal has improved with age
Russia never stops using proven tactics, and its Cozy Bear, aka APT 29, cyber-spies are once again trying to lure European diplomats into downloading malware with a phony invitation to a lux event.…
Outdated and misinformed legal presumptions at the heart of concerns
Digital forensics in the UK is in need of reform, says one expert, as the deadline to advise the government on computer evidence rules arrives.…
Maybe don't push to production without properly testing first?
Microsoft Teams experienced a file-sharing outage overnight that disrupted collaboration for many users and forced the software biz to roll back a recent backend change.…
The CVE and CWE programs are at risk of shutdown as MITRE's DHS contract expires on April 16, 2025, with no confirmed renewal. Without continued funding, the ability to standardize, track, and respond to software vulnerabilities could collapse, leaving the cybersecurity community scrambling in a fragmented and dangerously opaque environment. Forbes reports: "Failure to renew MITRE's contract for the CVE program, seemingly set to expire on April 16, 2025, risks significant disruption," said Jason Soroko, Senior Fellow at Sectigo. "A service break would likely degrade national vulnerability databases and advisories. This lapse could negatively affect tool vendors, incident response operations, and critical infrastructure broadly. MITRE emphasizes its continued commitment but warns of these potential impacts if the contracting pathway is not maintained."
MITRE has indicated that historical CVE records will remain accessible via GitHub, but without continued funding, the operational side of the program -- including assignment of new CVEs -- will effectively go dark. That's not a minor inconvenience. It could upend how the global cybersecurity community identifies, communicates, and responds to new threats. [...] MITRE has said that discussions with the U.S. government are active and that it remains committed to the CVE mission. But with the expiration date looming, time is running short -- and the consequences of even a temporary gap are severe.
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£5.2B more thrown at the never-ending quest to modernize HMRC
In 2022, the UK's tax collector put £4.5 billion ($5.9 billion) on the table to help its applications become "less dependent upon legacy technologies." The extent to which His Majesty's Revenue & Customs (HMRC) achieved that goal is debatable, but there is no doubt it intends to spend up to £5.2 billion ($6.9 billion) more to continue the job.…
It's not DNS. It can't be DNS? Right?
TalkTalk Business customers were forced to survive without email nearly a week after a technical fault disrupted domain hosting.…
It's LLMs all the way down
Apple, having starved its AI models of data by respecting customer privacy, plans to improve its chatbot suggestions by using made-up emails.…
Limited Run Games is releasing physical editions of Doom and Doom II, including a $666 "Will it Run Edition" that features a literal game box capable of playing Doom. Engadget reports: It costs $666, which is a nod to the devilish source material, and is being kept to a limited run of 666 copies. It comes with the aforementioned screen-enabled game box that runs Doom, but that's just the beginning. The combo pack ships with the soundtrack on cassette, a certificate of authenticity and a trading card park with five cards.
It comes with a couple of toys based on one of the franchise's most iconic enemies. There's a detailed three-inch Cacodemon that connects to a five-inch base, which looks pretty nifty. There's a smaller handheld Cacodemon that, you'll never guess, also runs Doom. This edition is available for Switch, PS5, Xbox Series X/S and PC. The PC version, however, ships with a download code and not physical copies of both games. Preorders start on April 18 and end on May 18, with a release sometime after that.
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It involves a number close to three or six depending on the fiend
Ransomware operators jack up their ransom demands by a factor of 2.8x if they detect a victim has cyber-insurance, a study highlighted by the Netherlands government has confirmed.…
Fancy a doctorate in semiconductor design? The land of K-Pop wants you to help future-proof its industry
South Korea has decided to dish out over $25 billion in help to industries impacted by the USA’s new tariff regime.…
An anonymous reader quotes a report from The Guardian: Fears that smartphones, tablets and other devices could drive dementia in later life have been challenged by research that found lower rates of cognitive decline in older people who used the technology. An analysis of published studies that looked at technology use and mental skills in more than 400,000 older adults found that over-50s who routinely used digital devices had lower rates of cognitive decline than those who used them less. It is unclear whether the technology staves off mental decline, or whether people with better cognitive skills simply use them more, but the scientists say the findings question the claim that screen time drives what has been called "digital dementia".
"For the first generation that was exposed to digital tools, their use is associated with better cognitive functioning," said Dr Jared Benge, a clinical neuropsychologist in UT Health Austin's Comprehensive Memory Center. "This is a more hopeful message than one might expect given concerns about brain rot, brain drain, and digital dementia." Benge and his colleague Dr Michael Scullin, a cognitive neuroscientist at Baylor University in Texas, analysed 57 published studies that examined the use of digital technology in 411,430 adults around the world. The average age was 69 years old and all had a cognitive test or diagnosis. The scientists found no evidence for the digital dementia hypothesis, which suggests that a lifetime of using digital technology drives mental decline. Rather, they found that using a computer, smartphone, the internet or some combination of these was associated with a lower risk of cognitive impairment. The details have been published in Nature Human Behaviour. "Using digital devices in the way that we use televisions -- passive and sedentary, both physically and mentally -- is not likely to be beneficial," said Scullin. "But, our computers and smartphones also can be mentally stimulating, afford social connections, and provide compensation for cognitive abilities that are declining with ageing. These latter types of uses have long been regarded as beneficial for cognitive ageing."
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Won't let the Big G require its apps and search to be installed on smartphones
Japan’s Fair Trade Commission yesterday ordered Google to stop doing deals that require manufacturers of Android handsets to include its apps.…
American Airlines announced today that it will add free in-flight Wi-Fi starting in 2026. However, Axios notes you'll need to be an AAdvantage member (American's loyalty program) to access it. From the report: American is partnering with AT&T to introduce free WiFi in January. It will be available on about 90% of the airlines' fleet, which will be planes equipped with Viasat and Intelsat high-speed satellite connectivity, per a press release. More than 500 of the airlines regional planes are expected to have high-speed WiFi capabilities by the end of the year.
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Google is rolling out Veo 2 video generation in the Gemini app for Advanced subscribers, allowing users to create eight-second, 720p cinematic-style videos from text prompts. 9to5Google reports: Announced at the end of last year, Veo 2 touts "fluid character movement, lifelike scenes, and finer visual details across diverse subjects and styles," as well as "cinematic realism," thanks to an understanding of real-world physics and human motion. In Gemini, Veo 2 can create eight-second video clips at 720p resolution. Specifically, you'll get an MP4 download in a 16:9 landscape format. There's also the ability to share via a g.co/gemini/share/ link. To enter your prompt, select Veo 2 from the model dropdown on the web and mobile apps. Just describe the scene you want to create: "The more detailed your description, the more control you have over the final video." It takes 1-2 minutes for the clip to generate. [...]
On the safety front, each frame features a SynthID digital watermark. Only available to Gemini Advanced subscribers ($19.99 per month), there is a "monthly limit" on how many videos you can generate, with Google notifying users when they're close. It is rolling out globally -- in all languages supported by Gemini -- starting today and will be fully available in the coming weeks.
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So much for Jensen's million-dollar dinner at Mar-a-Lago
World War Fee The Trump administration's latest salvo in the US-China trade war has forced Nvidia to take a $5.5 billion charge, the GPU goliath revealed in a Tuesday regulatory filing that sent its stock tumbling in after-hours trading.…
4chan was reportedly hacked Monday night, with rival imageboard Soyjack Party claiming responsibility and sharing screenshots suggesting deep access to 4chan's databases and admin tools. Ars Technica reports: Security researcher Kevin Beaumont described the hack as "a pretty comprehensive own" that included "SQL databases, source, and shell access." 404Media reports that the site used an outdated version of PHP that could have been used to gain access, including the phpMyAdmin tool, a common attack vector that is frequently patched for security vulnerabilities. Ars staffers pointed to the presence of long-deprecated and removed functions like mysql_real_escape_string in the screenshots as possible signs of an old, unpatched PHP version. In other words, there's a possibility that the hackers have gained pretty deep access to all of 4chan's data, including site source code and user data.
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Because vulnerability management has nothing to do with national security, right?
US government funding for the world's CVE program – the centralized Common Vulnerabilities and Exposures database of product security flaws – ends Wednesday.…
An anonymous reader quotes a report from SecurityWeek: Insurance firm Lemonade is notifying roughly 190,000 individuals that their driver's license numbers were likely exposed due to a technical glitch. Copies of the notification letter that were submitted to regulators in several states show that the incident involved an online application that enables individuals to obtain car insurance quotes and purchase policies. According to the company, a vulnerability in the car insurance quote flow resulted in the exposure of certain driver's license numbers for identifiable individuals. The vulnerability has been addressed, Lemonade says.
Between April 2023 and September 2024, the platform transmitted the information unencrypted, which the company says allowed driver's license numbers to be accessed without authorization. "We have no evidence to suggest that your driver's license number has been misused but we are providing this notice as a precaution to inform potentially affected individuals and share some steps you can take to help protect yourself," the company's notification letter reads. The insurer is providing the impacted individuals with 12 months of free credit monitoring and identity protection services.
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Alamo Drafthouse will not implement Meta's new Movie Mate technology during the April 30 nationwide rerelease of Blumhouse's "M3GAN," Variety reports. The specialty theater chain confirmed it will maintain its strict no-phones policy despite Universal's promotion of the second-screen experience, with staff instructed to remove patrons attempting to access the feature during screenings.
Movie Mate represents Meta's first integration of its interactive movie technology, which operates via Instagram direct messaging. Users message the film's official account to activate a chatbot delivering "sneak peeks, exclusive recorded messages from directors and talent" synchronized with the screening. The "M3GAN" event serves as Meta's technological debut ahead of potential wider theatrical implementation.
Read more of this story at Slashdot.
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