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Chinese cyber espionage growing across all industry sectors

CIO

Adversaries are pre-positioning themselves within critical networks, supported by a broader ecosystem that includes shared tooling, training pipelines, and sophisticated malware development. These networks are similar to botnets, but are primarily used as proxies, and are often administered by independent contractors that are based in China.

Industry 198
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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California.

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The dawn of agentic AI: Are we ready for autonomous technology?

CIO

A potential game-changer for and against fraud The more complicated a system is, the more vulnerable it is to attack. One of the best is a penetration test that checks for ways someone could access a network. The internet did the same thing. That requires stringing logic together across thousands of decisions.

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Epic Games to shut down Houseparty in October, including the video chat ‘Fortnite Mode’ feature

TechCrunch

Houseparty, the social video chat app acquired by Fortnite maker Epic Games for a reported $35 million back in 2019, is shutting down. Related to this move, Epic Games’ “ Fortnite Mode” feature , which leveraged Houseparty to bring video chat to Fortnite gamers, will also be discontinued.

Games 248
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Admix raises $25M Series B to scale up in-game ads, and prep for Metaverse gaming

TechCrunch

The London-based company brings ads to games, e-sports, virtual reality, and augmented reality. In-game advertising at scale, where advertisers can bid programmatically through traditional ad-buying platforms, rather than relying on an ad agency model, remains an enormous area, largely under-exploited.

Games 234
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Chinese cyber espionage growing across all industry sectors

CIO

Adversaries are pre-positioning themselves within critical networks, supported by a broader ecosystem that includes shared tooling, training pipelines, and sophisticated malware development. These networks are similar to botnets, but are primarily used as proxies, and are often administered by independent contractors that are based in China.

Industry 147
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Onomondo secures cash to expand its wireless network for IoT devices

TechCrunch

Onomondo , a startup offering a dedicated wireless network for internet of things (IoT) devices, today announced that it raised $21 million in a funding round led by Verdane with participation from Maersk Growth, People Ventures, and The Danish Growth Fund. A network reserved for IoT devices isn’t a novel concept.

IoT 223