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December 2, 2024, 7:25 AM
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memeorandum
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| Kyle Wiggers / TechCrunch: |
AWS launches Data Transfer Terminal to let customers upload data to AWS Cloud by plugging in storage devices from a set of physical locations — At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) customers … | Kyle Wiggers / TechCrunch: |
AWS announces AWS Security Incident Response to help customers prepare for, respond to, and recover from cybersecurity incidents, including ransomware attacks — Companies often struggle with how to respond to cybersecurity incidents. According to one recent poll, only three …
More: Silicon Republic, Amazon Web Services, and WinBuzzer
| Wall Street Journal: |
The US adds new restrictions on transferring HBM chips to China, the fourth US attempt in three years to curb China, and adds 140 companies to its blacklist — Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up| Sidhartha Shukla / Bloomberg: |
CoinGecko: Ripple-linked XRP's market cap reaches $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Trump won — - The cryptocurrency gained as much as 15% Monday to hit $2.50 — Since the US election it has added over $100 billion in value
More: Cointelegraph, CryptoPotato, CryptoSlate, and The Crypto Times
| Jowi Morales / Tom's Hardware: |
OpenWrt releases the $89+ open-source router OpenWrt One, offering a “hacker-friendly device” with two Ethernet ports, three USB ports, and dual-band Wi-Fi 6 — This ‘Unbrickable’ router should never fail you. … The group worked together to draft the specifications for this router … | Laura Dobberstein / The Register: |
The UN's ITU and the International Cable Protection Committee announce a 40-member global advisory body to support the resilience of submarine telecom cables — On the same day that a submarine cable suspected of having been cut by a Chinese ship was repaired, two major telco bodies convened …
More: The Record, ITU, and Total Telecom
| Wall Street Journal: |
Sources: a number of tech executives, including Sam Altman, worry that Elon Musk's new proximity to Trump could supersize rivalries in ways that favor Musk — OpenAI's Sam Altman ranks high on the billionaire's list of enemies; car companies and tech giants scramble for allies in the incoming Trump administration
More: Nairametrics, Washington Examiner, Forbes, Mashable, Bloomberg, and TechCrunch
Bluesky: @definite, @jasoncross.org, and @carnage4life
X: @wsjbusiness and @brij
| Mark Bergen / Bloomberg: |
Amsterdam-based Nebius Group, which rebranded from Russian internet giant Yandex and offers cloud AI tools, raised $700M from Nvidia, Accel, and others — Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate of investors including Nvidia Corp. and Accel Partners LP.
More: TechCrunch and Reuters
| Jonathan Moules / Financial Times: |
An interview with Raspberry Pi CEO Eben Upton on the company's London listing, establishing a sales department, single-board device assembly in Wales, and more — Group's microcomputers are used widely but Eben Upton worries about losing entrepreneurial spirit after listing| Financial Times: |
OpenAI CFO Sarah Friar says the startup is weighing up an ads model, but plans to be “thoughtful”; sources say OpenAI has hired ad talent from Meta and Google — ChatGPT maker hires advertising talent from big tech rivals — OpenAI is discussing plans to introduce advertising … | Bloomberg: |
Inside Helsinki's Slush 2024, a startup event described as a mix of TED Talks, Eurovision, and Shark Tank, attended by ~13K people, with LPs up 46% YoY to 350+ — The saunas were hot and the money was flowing at Slush, which featured demos, DJs and a growing emphasis on defense technology.| Cristina Criddle / Financial Times: |
Social media videos documenting layoffs are now commonplace, especially by younger workers, creating headaches for companies; TikTok's #layoff has 32K+ posts — Gen Z workers posting redundancy videos are trending — but can harm their future prospects — An unexpected online meeting appeared …
More: Dexerto
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