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Techmeme
December 24, 2024, 6:55 PM
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Top News

Bloomberg:
Iran claims it will lift its ban on “certain widely used foreign platforms”, naming WhatsApp and Google Play as the first two apps to be unblocked  —  - Allowing WhatsApp and Google Play may placate opponents  — Major social networking sites have been blocked for years
Jody Godoy / Reuters:
Filing: Apple asks to participate in the remedial phase of Google's US antitrust case, saying it can't rely on Google to defend their revenue-sharing agreements  —  Apple (AAPL.O) has asked to participate in Google's upcoming U.S. antitrust trial over online search, saying it cannot rely …
Sheldon Reback / CoinDesk:
US and Japanese law enforcement say North Korean hackers were responsible for stealing 4,502.9 bitcoin, worth $308M, from Japanese exchange DMM in May 2024  —  The $308 million hack of Japanese crypto exchange DMM in May was the work of North Korean hackers, the U.S. and Japanese law enforcement agencies said Monday.
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
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:
Isaac Schorr / Mediaite:
Elon Musk is one of two paid subscribers of an X account that has suggested South Africa was better off under apartheid, lambasted “Black ruled” countries, more  —  Elon Musk, the richest man in the world and advisor to President-elect Donald Trump, is a paid subscriber to a virulently racist X account.
Dan Primack / Axios:
Sources: Founders Fund seeks ~$3B for its third growth equity fund; it raised $3.4B for its second growth fund and $1.8B for its eighth early-stage fund in 2022  —  - It also will have access to the incoming White House, thanks to Thiel's longtime support of President-elect Trump and the firm's numerous investments with Elon Musk.
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.
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:55 PM ET, December 24, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Heather Cherone / WTTW News:
NetChoice sues Illinois to block taxes on large social media companies and on companies with over $1M in gross receipts from digital ad services

Brett LoGiurato / Status:
NYT CEO Kopit Levien confirms The Athletic is no longer pursuing a major partnership with Kalshi, saying “we take the trust of our readers incredibly seriously”

David Friend / Vanity Fair:
How 9/11 spawned the digital media era, as the attacks altered an already image-saturated media ecosystem

More News

Paresh Dave / Wired:
West Bank residents, who have long complained of missing and outdated data on Google Maps, say the Israel-Hamas war has made the app even worse for navigation
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

Earlier Picks

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
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
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