| 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 — President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend … | Kyle Wiggers / TechCrunch: |
| Muyao Shen / Bloomberg: |
Hashed: $112M+ worth of USDC fled Hyperliquid, the top DeFi derivatives exchange by volume, on December 23, after concern over trading by North Korean hackers — - Hyperliquid is the largest DeFi derivatives exchange by volume — Security expert says Hyperliquid faces threat from North Korea| 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 — Honey is a popular browser extension owned by PayPal that's at the center of a big new controversy.| Ben Lovejoy / 9to5Mac: |
Kuo: Apple's M5 chip will use TSMC's advanced N3P node; M5 Pro, Max, and Ultra will use a new server-grade SoIC packaging featuring separate CPU and GPU designs — One of the key elements of Apple's A-series and M-series chips is the System-on-a-Chip (SoC) design which tightly integrates all the components within a single package.| Lauren Thomas / Wall Street Journal: |
Xerox agrees to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda in a deal valued at $1.5B, including debt, and expected to close in H2 2025 — Deal values the closely held company at $1.5 billion, including debt — Xerox Holdings has struck a deal for Lexmark International … | Cristina Criddle / Financial Times: |
PitchBook: global edtech VC funding reached just $3B in 2024, the lowest amount since $2.3B in 2014, and down from $17.3B at the peak of the pandemic in 2021 — Funding for edtech companies hits decade low as sector struggles to compete post-pandemic — Global investment in online education companies … | Anna Heim / TechCrunch: |
Balderton Capital and Dealroom: European AI startups attracted 25% of the region's VC funding, or ~$13.7B, in 2024, compared to 15% in 2020 — Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving.| Laila Kearney / Reuters: |
A Lawrence Berkeley National Laboratory report says data centers could account for 6.7%-12% of US total electricity consumption by 2028, up from ~4% currently — U.S. data-center power demand could nearly triple in the next three years, and consume as much as 12% of the country's electricity … | Agence France-Presse: |
Internet freedom advocates criticize Vietnam's Decree 147, which goes into effect on Dec. 25 and requires social media users to verify their identities and more — Social media users will need to verify their identities under new decree 147, prompting fears it will undermine expression and expose anonymous dissidents| Reuters: |
An investigator says he reported 26 OnlyFans accounts suspected of containing CSAM to NCMEC and that all of the accounts were removed within a day of his report — This story contains disturbing descriptions of the possible online abuse of children. — An experienced child exploitation … | Reuters: |
Filing: Chinese video surveillance provider Dahua to terminate or exit five government projects in Xinjiang; Hikvision made a similar announcement this month — China's video surveillance equipment maker Zhejiang Dahua Technology (002236.SZ) said that it and its subsidiaries have agreed … | Antonio Pequeño IV / Forbes: |
xAI announces it raised a $6B Series C from a16z, BlackRock, Fidelity, Kingdom Holdings, Sequoia, Nvidia, and others, at a reported valuation of at least $40B — Elon Musk's xAI announced Monday it raised $6 billion in a Series C funding round, putting the company's value at more than $40 billion … | Alexander Osipovich / Wall Street Journal: |
Experts: Bitcoin has time to adopt newer encryption that's resistant to attacks via potentially upcoming quantum systems, but such an overhaul could take years — Researchers warn a quantum-computing attack on cryptocurrency would cause trillions in losses
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