Plex's Data Breach - This Week's Top Stories

Happy Friday!

Welcome to the eighth edition of the Quantumics Weekly Roundup. This week, we’ll take a look at streaming media platform Plex’s recent data breach. We’ll also explore the latest news and information in data and AI, business and tech.

Let’s go! ??

Data Titbits ??

Streaming media service Plex on Wednesday admitted a serious data breach that may have compromised emails, usernames, and encrypted passwords of its customers. For those who don’t know, Plex is one of the largest media server apps available, used by around 20 million people to stream video, audio, and photos they upload themselves in addition to an increasing variety of content the service provides to paid subscribers.

Plex reassures customers that financial information appears to be safe despite the breach, stating, “credit card and other payment data are not stored on our servers at all and were not vulnerable in this incident.”

• Tesla has released?two new deep-dive presentations into its Dojo AI supercomputer?ahead of its upcoming?AI Day 2, which is to be held on the 30th of September in Palo Alto.
• Nato is assessing the impact of a?data breach of classified military documents?being sold by a hacker group online. The data includes blueprints of weapons being used by Nato allies in the Ukraine conflict.

Tech News ??

NASA released an audio clip of sound waves earlier this week from a supermassive black hole located 250 million light-years away. The waves had to be transposed up 57 and 58 octaves to be audible to humans. They include the lowest note in the Universe ever detected by humans, a B-flat just over 57 octaves below middle C.

• TikTok is testing a?'Nearby' feed?designed to display local content to users in Southeast Asia. Users who are part of the test will see a new feed tab displayed alongside the 'Following' and 'For You' feeds.
• Instagram is testing a new feature called?IG Candid?that lets users share content at a different time each day after receiving a prompt, similar to BeReal, an app that sends out prompts to users at random times of the day to ask them to share a selfie of what they’re up to at that time. Just like BeReal, the IG Candid feature requires users to respond to prompts within 2 minutes of receiving a notification.

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Market News ??

• Many Americans received welcome news on Wednesday when?US President Joe Biden delivered on a campaign promise to provide $10,000 in student debt?forgiveness. Borrowers who earn less than $125,000 a year will be eligible for loan forgiveness, with those whose low incomes qualified them for federal Pell Grants receiving up to $20,000 in relief.
• Britain’s energy regulator Ofgem announced today that it will raise its main cap on consumer energy bills to an average?￡3,549 from ￡1,971 a year, with a new cap taking place in January.