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December 24, 2024, 8:00 AM
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memeorandum
WeSmirchTop News
| Muyao Shen / Bloomberg: |
Hashed: Hyperliquid, the top DeFi derivatives exchange by volume, had $112M+ of USDC outflows on December 23, over concerns of trading by North Korean hackers — - Hyperliquid is the largest DeFi derivatives exchange by volume — Security expert says Hyperliquid faces threat from North Korea| Bill Toulas / BleepingComputer: |
The US FTC orders Marriott and Starwood to implement a robust customer data security scheme after Starwood's 2014 to 2018 breaches and Marriott's 2018 breach — The Federal Trade Commission (FTC) has ordered Marriott International and Starwood Hotels to define and implement … | Pranshu Verma / Washington Post: |
Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production — As data centers drain America's power grids, a fierce battle is being waged for electricity. On Navajo Nation land, many are on the losing end.
More: MIT Technology Review and The Verge
Bluesky: @laurawags, @parismarx.com, @disabilitystor1, @thetnholler, @ahjohnson, and @climatebrad.hillheat.com
X: @michaelgiberso3 and @mbazilian
| Laila Kearney / Reuters: |
| Annie Palmer / CNBC: |
Donald Trump announces Scott Kupor, a managing partner at a16z, will serve as director of OPM, and Michael Kratsios will serve as the White House OSTP director — President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend …
More: The Verge, Unchained, FedScoop, The Hill, Nextgov/FCW, Tech in Asia, Science, New York Times, and Bloomberg
| Kyle Wiggers / TechCrunch: |
More: @realDonaldTrump …, @realDonaldTrump …, Politico, @realDonaldTrump …, Gadgets 360, DL News, Sifted, The Economic Times, CIO.com, Coinspeaker, CCN.com, Coinpedia Fintech News, Analytics India Magazine, Inc42 Media, YourStory.com, Blockhead, Axios, Benzinga, Tech in Asia, Cointelegraph, and The Information
Bluesky: @romitmehta.com. X: @sriramk, @avischiffmann, @levie, @andrewyng, @elonmusk, @danielsloeb1, @zoink, @deedydas, @gergelyorosz, @martin_casado, @dhume, @cdixon, and @antoniogm
| Sheldon Reback / CoinDesk: |
Tass: the Russian government bans crypto mining in 10 regions from January 1 to March 15, 2031, citing power consumption, after legalizing mining in July 2024 — Temporary bans may be imposed in other regions during peak energy demand, Tass reported — What to know:
More: CoinGape, The Crypto Times, crypto.news, Benzinga, CCN.com, Cointelegraph, and Cryptonews
| Antonio Pequeño IV / Forbes: |
xAI raised a $6B Series C from a16z, BlackRock, Fidelity, Kingdom Holdings, Sequoia, Nvidia, and others, at a reported valuation of at least $40B — Elon Musk's xAI announced Monday it raised $6 billion in a Series C funding round, putting the company's value at more than $40 billion … | Maxwell Zeff / TechCrunch: |
OpenAI's o3 performance on benchmarks suggests that test-time compute is the next best way to scale AI models, raising new questions about costs and usage — Last month, AI founders and investors told TechCrunch that we're now in the “second era of scaling laws,” noting how established methods … | William J. Broad / New York Times: |
How AI hallucinations are transforming scientific discovery, with some scientists calling the term “hallucination” misleading and likening it to exploration — Artificial intelligence often gets criticized because it makes up information that appears to be factual, known as hallucinations.
More: The Verge and Singularity Hub
| Cristina Criddle / Financial Times: |
PitchBook: global edtech VC funding reached just $3B in 2024, the lowest amount since $2.3B in 2014, and down from $17.3B at the peak of the pandemic in 2021 — Funding for edtech companies hits decade low as sector struggles to compete post-pandemic — Global investment in online education companies …
Bluesky: @stevefaktor.com
| Ryan Christoffel / 9to5Mac: |
In a viral YouTube video, MegaLag claims PayPal's Honey browser extension doesn't show users the best coupons and deals, and steals creators' affiliate revenue — Honey is a popular browser extension owned by PayPal that's at the center of a big new controversy.
More: The Verge, MegaLag on YouTube, TweakTown, OC3D, Fortune, SiliconANGLE, Android Authority, The i Paper, The US Sun, and TechIssuesToday.com
Bluesky: @jonathan.macstories.net, @harrymccracken.com, @tinydragon.art, @mtsw, @caseynewton, @kirb.me, @GossiTheDog.cyberplace …, @daizz, @venerabela.vuhuni.net, @patrickhowelloneill.com, and @taylorlorenz
X: @markiplier, @cosmic_oro, @coffeebreak_yt, @joecarlsonshow, @forthewintcg, @j3lte, @snazzylabs, @megalagofficial, and @andreasxirtus
LinkedIn: Ronnie Tokazowski, Magnus Revang, Jordan Williams, Nick Tate, Glenn Vanderlinden, and Oliver Bogner
Forums: Hacker News, r/Anticonsumption, r/Coffeezilla_gg, r/youtube, and Slashdot
| Lauren Thomas / Wall Street Journal: |
Xerox agrees to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda in a deal valued at $1.5B, including debt, closing in H2 2025 — Deal values the closely held company at $1.5 billion, including debt — Xerox Holdings has struck a deal for Lexmark International that values … | Reuters: |
An investigator says he reported 26 OnlyFans accounts suspected of containing CSAM to NCMEC and that all of the accounts were removed within a day of his report — This story contains disturbing descriptions of the possible online abuse of children. — An experienced child exploitation … Sponsor Posts
ElevenLabs:
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
Niantic Spatial:
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Zoho Analytics Now Connects to Tally Prime — Most finance teams have two systems. The one where the numbers live, and the one where the numbers get understood. Tally Prime handles the first job well.
Zoho Analytics Now Connects to Tally Prime — Most finance teams have two systems. The one where the numbers live, and the one where the numbers get understood. Tally Prime handles the first job well.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Cheeky Pint:
The economics and trends of the restaurant industry, with Tony Xu of DoorDash
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Invest Like the Best:
Alex Karnal - The Trillion-Dollar Health Revolution
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Big Technology Podcast:
Tim Cook Steps Down — With Joanna Stern
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Grit:
From Airbnb to Linear: How Karri Saarinen Redefined Product Design
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Why half of product managers are in trouble | Nikhyl Singhal (Meta, Google)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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