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Techmeme
December 31, 2024, 8:20 AM
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Zack Whittaker / TechCrunch:
Letter: the US Treasury says China-backed hackers gained access to some Treasury workstations and unclassified docs; a vendor notified it of the hack on Dec. 8  —  The U.S. Treasury told lawmakers in a letter Monday that it was hit by a cyberattack earlier in December, which the department has attributed to Chinese government hackers.
Thanos Pappas / Carscoops:
Sensitive data of over 800K VW Group EV customers, including GPS coordinates, was exposed on an unprotected AWS database for months before being reported  —  The sensitive information of VW, Audi, Seat, and Skoda EV owners was left exposed on an unprotected and misconfigured cloud storage system for months
Manish Singh / TechCrunch:
India removes a 100M user cap on WhatsApp Pay, letting Meta roll out the mobile payments service to all of its 500M+ users in the country
Reuters:
Samsung invests $181M in South Korean robot maker Rainbow Robotics, boosting its stake to 35%, and launches a Future Robotics Office reporting to the CEO  —  Samsung Electronics (005930.KS) became the largest shareholder of South Korea's Rainbow Robotics (277810.KQ), the robotics company said in a regulatory filing on Tuesday.
Brian Krebs / Krebs on Security:
The US arrests a US Army soldier on suspicion of being Kiberphant0m, who sold sensitive customer call records stolen from AT&T and Verizon in the Snowflake hack  —  Federal authorities have arrested and indicted a 20-year-old U.S. Army soldier on suspicion of being Kiberphant0m …
Reuters:
Montenegro extradites Terraform Labs co-founder Do Kwon to the US; South Korea also sought Do Kwon's extradition  —  Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, the interior ministry said.  —  Kwon, a South Korean national …
More: Bloomberg
Sidhartha Shukla / Bloomberg:
BlackRock's Bitcoin ETF surpassed $50B in assets in 11 months, marking the fastest-growing ETF debut ever, and helping BTC exceed $100K in mid-December  —  - IBIT has grown to more than $50 billion in assets in 11 months  — US ETFs played a key role in Bitcoin's rally over $100,000
Dan Goodin / Ars Technica:
The technology of passkeys is elegant, but the complexities of syncing them to password managers can contribute to platform lock-in and make them less usable  —  It's that time again, when families and friends gather and implore the more technically inclined among them to troubleshoot problems …
The Information:
Source: ByteDance keeps using a loophole for US chip sanctions and told suppliers it planned to spend up to $7B to access Nvidia chips outside China in 2025  —  ByteDance continues to use Nvidia's most advanced artificial intelligence chips despite U.S. efforts to block Chinese companies from using them.

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This is a Techmeme archive page. It shows how the site appeared at 8:20 AM ET, December 31, 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

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

Winston Cho / The Hollywood Reporter:
A US judge denies WBD's bid to block Sling TV from selling short-term offerings that let users sign up for access to its bundles for as little as one day

More News

Charles Rollet / TechCrunch:
Accounting startup Bench, which had raised $100M+ and abruptly shut down last week, will be acquired by Employer.com for an undisclosed price
Geoffrey A. Fowler / Washington Post:
Waymo robotaxis, which are now ubiquitous in parts of CA, will often not stop for pedestrians using crosswalks there, unless a pedestrian is far into the road

Earlier Picks

New York Times:
Donald Trump's next term may widen the longstanding speech divide between the US and Europe, putting social media companies in the middle of a global tug-of-war
Dean Takahashi / VentureBeat:
Nvidia completes its $700M acquisition of Israel-based Run:ai, which helps orchestrate GPU clouds for AI, and plans to open source Run:ai's software
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