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December 5, 2024, 12:00 PM
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| Helen Partz / Cointelegraph: |
Bitcoin passes $100K for the first time after rallying 126%+ since January 2024, driven by Bitcoin ETF demand, April's halving, and Donald Trump's election win — Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April's halving and Donald Trump's US election win.
More: Tom's Hardware, CNBC, Financial Times, The Block, BBC, Bitcoin Magazine, NBC News, Decrypt, Reuters, Cryptopolitan, CryptoSlate, NBC News, Bloomberg, Coinspeaker, Coinpedia Fintech News, Protos, Yahoo Finance, CryptoPotato, Breitbart, Crypto Briefing, Forexlive, Business Insider, Decrypt, Wall Street Journal, Axios, Bitcoin Insider, and Bloomberg
Bluesky: @dorotheabaur. X: @brian_armstrong, @apompliano, @danheld, @0xramonos, @therealkiyosaki, @morningbrew, @technology, @apompliano, @bitcoin, and @reuterstech
Forums: Hacker News and Slashdot
| New York Times: |
At the DealBook Summit, Jeff Bezos said he is “very hopeful” about President-elect Donald Trump, and praised his deregulatory agenda and Elon Musk's leadership — The Amazon founder said he saw signs of a “calmer” Donald J. Trump on the eve of his return to the White House.
More: Status, The Verge, Axios, Entrepreneur, Media Nation, CNN, Spyglass, Business Insider, Mediaite, Proactive, Moneycontrol, CCN.com, Fortune, BizPac Review, HuffPost, Raw Story, TMZ.com, The Hollywood Reporter, Washington Post, and GeekWire
Forums: r/politics and r/Fauxmoi
| Bill Toulas / BleepingComputer: |
Microsoft and Lumen's Black Lotus Labs find Russia-linked Turla hackers hijacked Pakistan-based hackers' servers to launch their own attacks since December 2022 — The notorious Russian cyber-espionage group Turla is hacking other hackers, hijacking the Pakistani threat actor Storm-0156's infrastructure …
More: Lumen Blog, The Record, Microsoft Security Blog, CyberScoop, Cybernews.com, Security Affairs, Dark Reading, The Hacker News, and SecurityWeek
Bluesky: @lukaszolejnik, @hultquist, and @pylos.co
X: @loumariehsd, @greglesnewich, and @msftsecintel
| Jillian Deutsch / Bloomberg: |
The UK CMA clears the £15B Vodafone-Three deal after a 10-month inquiry, subject to investing £11B in UK digital infrastructure, creating the UK's biggest telco — - CMA approved the merger with Three in UK on Thursday — Europe's telcos have spent years lobbying for consolidation
More: GOV.UK, MacRumors, The Register, The i Paper, Reuters, UKTN, The Apple Post, Vodafone UK News Centre, TelecomTV, Engadget, Total Telecom, Silicon Republic, Neowin, London Evening Standard, The Guardian, Broadband TV News, Light Reading, ComputerWeekly.com, Telecoms Tech News, ISPreview UK, TechCrunch, The Independent, Mobile Europe, DatacenterDynamics, BBC, The Verge, The Times, TechRadar, ITPro, and Politico
X: @cmagovuk, @tomvalletti, @vodafonegroup, and @tomwarren
| Zaheer Kachwala / Reuters: |
Intel interim co-CEO David Zinsner says Intel's financial forecast is unchanged and expects the next CEO to have some capability around both foundry and product — Intel's (INTC.O) next chief executive officer will have manufacturing expertise as well as experience in the product side of the business …
More: Benzinga, HotHardware, eeNews Europe, CRN, Tom's Hardware, Phoenix Business Journal, Neowin, TechPowerUp, Motley Fool, CTech, WinBuzzer, Seeking Alpha, StreetInsider.com, and Bloomberg. Mastodon: @carnage4life@mas.to
| New York Times: |
Trump picks former SEC Commissioner Paul Atkins, who is seen as a strong advocate for looser regulation of crypto assets, to succeed Gary Gensler as SEC Chair — Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission.
More: HotHardware, The Crypto Times, Blockonomi, CryptoNinjas, CryptoPotato, Coinpedia Fintech News, NPR, Financial Times, Fox Business, Moniify, CNN, Bloomberg, New Republic, WXIA-TV, CoinGape, The Hill, Washington Times, Bloomberg, PYMNTS.com, ZeroHedge News, Crowdfund Insider, Barron's Online, Democrats, Yahoo Finance, Cryptopolitan, The Crypto Times, crypto.news, Moniify, Fortune, Washington Examiner, DL News, The Straits Times, Unchained, The Information, Bitcoin Insider, Benzinga, Coinspeaker, Coinpedia Fintech News, NFTgators, CNN, Financial Times, The Block, Quartz, Crypto Briefing, Bloomberg, Reuters, Decrypt, StreetInsider.com, Inc.com, and CNBC
Mastodon: @realDonaldTrump …. X: @danprimack, @xethalis, @gopmajoritywhip, @iampaulgrewal, @xethalis, @cdixon, @hesterpeirce, @attorneyjeremy1, @hhorsley, @dlauer, @_danleonardo, @johnreedstark, @intangiblecoins, @wublockchain, @alexandergrieve, @jacqmelinek, @cgasparino, @ericldaugh, @patrickmchenry, @collinrugg, and @eleanorterrett
| CNBC: |
Waymo says it will expand its fleet into Miami in 2025 with human safety drivers and plans to open up paid rides to local users via its Waymo One app by 2026 — Waymo is setting its sights on its next location: the Sunshine State. — The Alphabet-owned company announced Thursday that it will be hitting the roads in Miami.| Reuters: |
Sources: TSMC is in discussions with Nvidia to make its Blackwell AI chips at TSMC's new Arizona plant starting in early 2025, expanding on production in Taiwan — Taiwan Semiconductor Manufacturing Co (2330.TW) is in discussions with Nvidia Corp (NVDA.O) to produce its Blackwell artificial …
More: PCMag, Benzinga, Fierce Electronics, CCN.com, TipRanks Financial, Cryptopolitan, Wccftech, The Crypto Times, Investopedia, and Yahoo Finance
Forums: r/NVDA_Stock and r/hardware
| Greg Otto / CyberScoop: |
The White House says the Salt Typhoon hack has impacted eight telecom companies in the US, and also affected dozens of other countries, for as long as two years — A senior administration official said Wednesday the Salt Typhoon hack has impacted dozens of countries in a sweeping espionage campaign
More: CNN, Metacurity, BleepingComputer, Silicon Republic, Associated Press, Wall Street Journal, CSO, TechRadar, Politico, Security Boulevard, Reuters, Hindustan Times, ABC, ITPro, Benzinga, BNN Bloomberg, The Register, The Hill, Politico, The Record, Nextgov/FCW, Axios, Cybersecurity Dive, and The Independent
X: @nickschifrin, @nickschifrin, @nickschifrin, @ewong, and @senericschmitt
Forums: r/neoliberal, r/politics, and r/privacy
| Simon Willison / Simon Willison's Weblog: |
Amazon Nova LLM first impressions: the models are competitive with Google Gemini and extremely inexpensive, and may position Amazon as a top tier model provider — Amazon released three new Large Language Models yesterday at their AWS re:Invent conference.
More: Amazon Web Services, About Amazon, Anthropic, and Ben's Bites
Bluesky: @srchvrs, @eshumarneedi.com, and @simon.fedi.simonwillison …. Mastodon: @mhoye@mastodon.social
X: @simonw, @davidzapolsky, @emollick, @simonw, @amazonscience, @letti_liu, @emollick, and @jerryjliu0. LinkedIn: Dr Terence Tan
Forums: Hacker News and lobste.rs
| Reuters: |
Meta plans to invest $10B to build an AI data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December — Facebook-parent Meta (META.O) said on Wednesday it plans to invest $10 billion to set up an AI data center in Louisiana …
More: TechRadar, DatacenterDynamics, ANS, Office of Governor Jeff Landry, Newser, Investor's Business Daily, Benzinga, Associated Press, Fox Business, Verdict, TechCrunch, KNOE-TV, K945, Constructionreview, Baton Rouge Business Report, StreetInsider.com, d2076, Entergy Newsroom, WAFB-TV, The Shreveport-Bossier …, Bossier Press-Tribune, Construction Dive, and Turner Construction Company
| Wall Street Journal: |
A look at Intel CEO Pat Gelsinger's failed rescue strategy; since Gelsinger took over in February 2021, Nvidia added $3T in market cap while Intel lost $150B — Pat Gelsinger was one of the chip pioneer's true believers. After his rescue strategy failed, the board lost confidence in him.| SemiAnalysis: |
A deep dive into Amazon's Trainium2, which shows the company is on a path to eventually providing competitive custom AI chips, especially for LLM inference — - Trn2, Trn2-Ultra, Performance, Software, NeuronLinkv3, EFAv3, TCO, 3D Torus, Networking Costs, Supply Chain — AWS Trainium1 / Inferentia2 GenAI Weakness
More: Network World and About Amazon
| Tom Mitchelhill / Cointelegraph: |
Viral influencer Haliey Welch's Hawk Tuah memecoin sparks outrage across social media as it briefly pumped to a peak market cap of $490M and then dumped 90%+ — Haliey Welch's memecoin HAWK has plunged 90% since its launch, though Welch has denied any insider sales from herself or her team.
More: Quartz, The Crypto Times, Barstool Sports, Bitcoinist.com, CryptoSlate, CryptoGlobe, Inside Bitcoins, CCN.com, Coinpedia Fintech News, Benzinga, Mashable, Cryptopolitan, Coinspeaker, CoinGape, Bitcoin Insider, and Fortune
Bluesky: @clevernickname23, @districtofkatya, @cameronclark, @bisonfish, @highlightt, @patbits, @zaisarel, @ricketyshack.ca, @kylewoodley, @gedalia, @doctoracularf, @lowmag.net, @loathsome.computer, @molly.wiki, @paris.nyc, @wapplehouse, @cubefag, @bengoggin, @swagmoyed, @knibbs, @yburyug, @kyleian, @vxundergroundre, @crampell, @alexnabu, @thetofuwanter, @peltzmadeline, @leoschwartz, @pugganoche, and @meme-guy. Mastodon: @bazkie@beige.party
| The Information: |
Sources: Meta is shifting part of the development of its MR headsets to Chinese manufacturer Goertek and moving half of production to Vietnam from China — Meta Platforms is changing how it designs and where it builds its mixed reality devices to stem deep financial losses and skirt a possible trade war between the U.S. and China.| Connie Loizos / TechCrunch: |
Chainalysis names co-founder Jonathan Levin as CEO, replacing co-founder Michael Gronager, who is departing after taking a leave of absence from October 2024 — Michael Gronager, the co-founder of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence.
More: Chainalysis, CoinDesk, DL News, Cryptonews, Cointelegraph, and Blockhead. Bluesky: @agreenberg
| Alice Kantor / Bloomberg: |
US authorities: Dubai has quietly become a leading home for crypto scamming in the past decade, including Ponzi and pyramid schemes that made $3.4B+ since 2017 — Ponzi and pyramid schemes dressed in startup clothes have been running rampant in the UAE, experts and US authorities say.
More: Cryptopolitan
| Cecilia D'Anastasio / Bloomberg: |
Sources: AT&T, JPMorgan, and Dunkin' pulled ads from Twitch after a controversial group of livestreamers alleged that Twitch is promoting antisemitic content — - Exiled contributors mount campaign that includes edited clips — Their targets are pro-Palestinian streamer and Twitch staffers| Jordyn Holman / New York Times: |
A look at the fulfillment networks of Amazon, Walmart, and Target for same-day or next-day delivery; Walmart says it now offers same-day to 86% of US households — Retailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably spend more tomorrow.
More: Reuters, SupplyChainBrain, and theJasmineBRAND
Forums: r/law, r/NewsOfTheStupid, and r/economy
| Charles Rollet / TechCrunch: |
Three of Google's NotebookLM team members, lead Raiza Martin, a designer, and an engineer, are leaving to launch a startup focused on “a user-first AI product” — Three members of Google's NotebookLM team, including its team lead and designer, have announced they are leaving Google for a new stealth startup.
More: NewsBytes, The Verge, and Analytics India Magazine
X: @raizamrtn, @raizamrtn, @sanderssays, @raizamrtn, @jobergum, @ugo_alves, @petergyang, @ugo_alves, @paul_cal, @officiallogank, @stevenbjohnson, and @raizamrtn. LinkedIn: Raiza Martin
Forums: r/notebooklm and r/LocalLLaMA
| New York Times: |
How subsea internet cables off West Africa fell into a nearly 3,000-foot canyon in March 2024, causing major disruptions, and a look at efforts to repair them — In a wireless world, it is easy to forget the all-too-real cables that snake across the turbulent ocean floor. Until they snap.| Madhumita Murgia / Financial Times: |
Q&A with Anthropic CEO Dario Amodei on his “Machines of Loving Grace” essay, AI industry concentration, why democracies must maintain the lead in AI, and more — Co-founder of leading AI start-up sees potential to help free states counter autocracies, as well as exploring biological complexity
More: Reuters
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