Hi Inside Community, Today we’re going to host one of our best AMA interviews yet — this time with Jason Fried, the founder and CEO of 37signals. (You’ve probably heard of his products Basecamp and HEY, if you haven’t used them yourself.) Jason is a founder and executive with more than two decades of experience, so this will be a golden opportunity for you to ask him about his work with startups, product, and everything else he has done along the way. The AMA kicks off at 11 a.m. PDT, but you can post questions as early as you like. We hope to see you there! —The Inside Team |
| |
 Taiwanese government websites have been hacked. Hackers shut down the website of the President of Taiwan with a DDoS attack as House Speaker Nancy Pelosi ended a historic visit to the region. More: - The DDoS attack was tracked by researchers who noticed that traffic on the President's website was 200x more than normal. Hackers also managed to take down the websites of numerous other organizations, such as Taiwan's Ministry of Foreign Affairs and the Taiwan Taoyuan International Airport.
- These attacks were not damaging, but they did manage to shut down some of the websites for a few hours.
- Security researchers believe that the attacks are related to Nancy Pelosi's historic visit to Taiwan.
- The territorial dispute between Taiwan and China has been the subject of much controversy. China claims the territory as its own, while Taiwan wants its independence declaration to be recognized by all world governments. The U.S. does not support an independence movement but supports the region with its military.
- In a recent interview, President Joe Biden stated that the U.S. would intervene militarily if China were to attack Taiwan. The statement caused Chinese government officials to release statements that denounced Biden's remarks.
| |
Two men have been sentenced to federal prison for scamming over 2,000 investors. The two Orange County, California, residents had falsely led investors to believe that their cryptocurrency platform would be profitable for them. More: - The two individuals resided in Orange County while registering their company, Dropil Inc., in Belize.
- Jeremy David McAlpine (26) and Zachary Michael Matar (29) created a platform named Dex, touted as a safe cryptocurrency investment platform that used a proprietary algorithm to minimize risk and maximize profit.
- Investors were promised returns ranging from 24% up to 63%, with the two men falsely claiming that they had raised over $50M when they had raised far less.
- The only way to use the platform was to buy DROPs, a cryptocurrency coin the two men developed.
- Through this scheme, the Orange County citizens managed to obtain nearly $1.9M.
- McAlpine was sentenced to 36 months in prison, while Matar was sentenced to 30 months in prison.
| |
 A message from WIND RIVER Can the VxWorks real-time operating system fill your embedded system needs? A real-time operating system (RTOS) is an operating system with two key features: predictability and determinism. In an RTOS, repeated tasks are performed within a tight time boundary, while in a general-purpose operating system, this is not necessarily so. Predictability and determinism, in this case, go hand in hand: We know how long a task will take, and that it will always produce the same result. - Determinism: Repeating an input will result in the same output.
- High performance: RTOS systems are fast and responsive, often executing actions within a small fraction of the time needed by a general OS.
- Safety and security: As RTOSes are frequently used in critical systems, such as robotics or flight controllers, they must have higher security standards and more reliable safety features.
- Priority-based scheduling: Actions are scheduled according to their assigned priority; the most important tasks come first.
- Small footprint: Versus their hefty general OS counterparts, RTOSes weigh in at just a fraction of the size: Windows 10, with post-install updates, takes up approximately 20 GB. VxWorks, on the other hand, is measured in the low single-digit megabytes.
In this webinar, we'll go through some of the features of real-time operating systems that can revolutionize your embedded development process, and make sure that an RTOS is the right solution for your use-case. Watch Now
| |
 Robinhood has been hit with a $30M fine for failing to comply with cybersecurity regulations. The fine was announced by the New York State Department of Financial Services. More: - The company also failed to comply with money-laundering regulations, as it did not transition properly from a manual monitoring system to a more advanced automated one. Using a more advanced system was considered the only viable option due to the volume of processed transactions.
- NYSDF stated that the company broke privacy regulations when it did not have a distinct customer support phone number on its website.
- Robinhood has not stated anything regarding this topic, but it did announce that it expected to settle for $30M in an NYSDF court case back in 2020.
NOTE: Inside.com founder and CEO Jason Calacanis is an investor in Robinhood.
| |
 A large-scale Microsoft email hacking campaign has been tracked. Hackers are using phishing as a threat vector. More: - Even though it is a phishing campaign, hackers are using adversary-in-the-middle techniques to bypass multi-factor authentication, a security tool that is meant to enable users to increase their safety by confirming their log-in credentials through the main entry point. This makes this campaign more easily identifiable.
- While the Microsoft email service is used by individuals too, the threat actors are seemingly targeting only enterprises who use the service. In some cases, the business emails of executives were compromised and were later used to send further phishing emails.
- Threat actors are targeting key sectors such as fintech, lending, insurance, energy, manufacturing, and federal credit union verticals located in English-speaking countries such as the U.S., U.K, Australia, and New Zealand.
- These hackers are abusing legitimate online code editing services such as CodeSandbox and Glitch.
| |
 A message from PERCENT Trying to find sizable returns in this volatile market? Percent gives accredited investors exclusive access to the $7 trillion private credit market, letting you invest like hedge funds and pension plans. What is Private Credit? An asset class involving investments in private loans and debt financing. Investors loan money to companies, receiving interest in return. Investing in these deals means the chance to earn high-yielding interest. Percent investors have unprecedented access to different types of debt financing, including: - Non-bank lenders’ small business and consumer lending portfolios (receivables, merchant cash advances, installment loans)
- Corporate loans to startups
- Automated exposure to multiple private credit investments
Why Percent? They offer up to 18% APY, with an average maturity of 9-months. Plus, deals are largely uncorrelated from the stock market. Ready to learn more? Download our factsheet and find out if Percent and private credit are right for your investing goals. Download Here
| |
 35,000 GitHub coding repositories have been forked and re-released with malware infections. GitHub claims that it has removed most of the copies. More: - The Microsoft-owned coding platform GitHub is one of the largest developer platforms in the world.
- Users utilize the platform to store and deploy code, share snippets of code they can't solve, and generally communicate with developers.
- The malware-infected clones were equipped with code that enabled hackers to steal API keys, AWS credentials, crypto keys, and execute remote control hacks.
| |
Quick Hits: *This is sponsored content.
| |
Upcoming events at Inside:
| |
 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
For nearly 35 years, VxWorks has been used to ensure the security, safety, and reliability you need to design and build mission-critical embedded systems that simply must work.
| |
Percent: Private Credit Investments. High-Yield Investing. Short-Term Durations. Learn More. | |
