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Techmeme
December 24, 2024, 8:30 PM
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Top News

Bloomberg:
Iran's Supreme Council of Cyberspace approves lifting its ban on “certain widely used foreign platforms”, naming WhatsApp and Google Play as the first two apps  —  - 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
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.
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.
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:
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.
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  —  One user told WIRED that Google Maps directed them to “drive right into a wall that's been up since 2003.”

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From Mediagazer

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Gavin Blair / The Hollywood Reporter:
The Association of Japanese Animations: Japan's anime industry revenue grew 15.8% YoY to a record ~$28.5B in 2025, with overseas revenue reaching ~$16B

Bruce Gil / Gizmodo:
Fan fiction site AO3 says it will be offline for two to four weeks after a security incident; it hosts over 18M works and has 11M registered users

More News

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

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
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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