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Techmeme
December 31, 2024, 8:20 AM
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Top News

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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From Mediagazer

Brian Steinberg / Variety:
Oliver Darcy's Status media newsletter is moving into live events with the Status Summit, planned for September 9 to discuss the forces shaping media

Connor Stringer / Telegraph:
Court docs: Trump drops part of his BBC lawsuit, dismissing claims against its commercial and production arms but continuing the lawsuit against the broadcaster

Gene Maddaus / Variety:
In a filing disputing state AGs' request for a temporary restraining order, Paramount argued its merger with WBD would increase theatrical motion picture output

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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