Reddit downplays risks of developer backlash, decentralized social media in its IPO filing

Reddit’s long-awaited IPO is nearing, promising to be the largest social media IPO since Pinterest. But in the company’s S-1 filing, Reddit fails to fully address the complications that arose from changes to its developer platform and API pricing, which late last year led to site-wide protests, communities going dark, site stability issues, and traffic…

Hackers are exploiting ConnectWise flaws to deploy LockBit ransomware, security experts warn

Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they had disrupted the notorious Russia-linked cybercrime gang. Researchers at cybersecurity companies Huntress and Sophos told TechCrunch on Thursday that both had observed LockBit…