Techmeme: In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue (CNBC)

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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 …

More: The Information, 9to5Mac, and The Desk

Bluesky: @vxundergroundre and @bradhoward

Mastodon: @briankrebs@infosec.exchange and @nixonnixoff@infosec.exchange. X: @kimzetter

Forums: Hacker News and r/army

CNBC:

In 2024, Intel had its worst year since going public in 1971, losing 61% of value; Broadcom stock soared 111%, its best performance ever, driven by AI revenue — It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area's moniker.

More: Investor's Business Daily and Bloomberg. Forums: Slashdot

Manish Singh / TechCrunch:

India extends a deadline for implementing a 30% cap on any company's share of transactions on UPI payments network, providing relief to Google Pay and PhonePe — India has once again pushed back a contentious plan to limit big technology companies' control of the nation's digital payments system …

More: Reuters, Inc42 Media, Moneycontrol, The Economic Times, Entrackr, YourStory.com, and Benzinga

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 — India has removed restrictions on WhatsApp's mobile payments service in a significant victory for Meta in its largest market by users as it seeks to compete with entrenched fintech rivals.

More: The Verge, Hindustan Times, The Economic Times, Moneycontrol, and YourStory.com

X: @npci_npci, @refsrc, @chandrarsrikant, and @intermixtech

Patrick Holland / CNET:

Inside Apple labs testing and calibrating iPhone 16 series' audio and video features, including new Audio Mix editing tools and 4K slow motion capabilities — I'm standing on a wire mesh floor in a secluded room at Apple's headquarters in Cupertino, California.

More: 9to5Mac, MacRumors, and AppleInsider. Bluesky: @trickholland

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: BBC, The Block, Engadget, Cointelegraph, CityNews Halifax, CryptoPotato, Bloomberg, Daily Sabah, and Semafor

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

More: Coinspeaker, Cryptonews, Bitcoin Insider, Blockchain News, Benzinga, CryptoSlate, PYMNTS.com, Coinpedia Fintech News, Watcher Guru, and CoinGape

Kanishka Singh / Reuters:

The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November — The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc …

More: PYMNTS.com, Axios, Dave Operating LLC, American Banker, US Department of Justice, Benzinga, RetailWire, Yahoo Finance, Federal Trade Commission, PYMNTS.com, Originally Reported …, and The Information

Bluesky: @tyleraking.com. Forums: Slashdot

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.

More: Samsung Newsroom, SiliconANGLE, Forbes, TechCrunch, SammyGuru, SamMobile, The Korea Herald, Neowin, Sammy Fans, The Korea Herald, Businesskorea, KED Global, Yonhap News Agency, and Pulse 2.0

Coco Feng / South China Morning Post:

Ant Group's payment app Alipay adds an AI-powered image search feature as it tries to become a super app like rival Tencent's WeChat — Alipay's move shows how mobile payment platforms are striving to grow their customer base and engender user loyalty in the AI era

Bill Toulas / BleepingComputer:

Researchers find 4.5M “stars” on GitHub repos they suspect are fake; in July, Check Point found a network of inauthentic users starring repos containing malware — GitHub has a problem with inauthentic “stars” used to artificially inflate the popularity of scam …

More: How-To Geek and Paul Gestwicki's Blog

Bluesky: @joshgrant.online and @quinnypig.com

Ryan Browne / CNBC:

Alibaba cuts prices on its visual language model Qwen-VL by up to 85%, after cutting Qwen prices by as much as 97% in May, amid growing AI competition in China — Alibaba is cutting prices on its large language models by up to 85%, the Chinese tech giant announced Tuesday.

More: South China Morning Post, WinBuzzer, and Reuters

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