| Washington Post: |
Sources: Chinese government hackers breached the US Treasury Department's OFAC, which administers economic sanctions, and two other Treasury offices — Treasury's sanctions office hacked by Chinese government, officials say A troubling series of breaches of U.S. firms and agencies … | Matt Simons / Courthouse News Service: |
A judge blocks parts of California's SB 976, a law to protect kids from social media, citing 1A concerns, but allows a ban on “addictive feeds” for minors — Parts of the law will still take effect Wednesday. — A federal judge on Tuesday barred the state of California … | Wall Street Journal: |
As Beijing pushes for self-sufficiency in the $80B+ per year car chip business, sources say the use of homemade chips in Chinese cars has risen to around 15% — U.S. objects to rival's push for self-sufficiency in $80 billion business and opens trade probe| Bloomberg: |
Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business — - The e-commerce firm may be taking a big loss from the deal … China's e-commerce pioneer expects gross proceeds of up to HK$12.3 billion … | Camilla Hodgson / Financial Times: |
KoBold Metals, which uses AI to sift through historical and scientific data to identify untapped mineral deposits, raised a $537M Series C at a $2.96B valuation — KoBold Metals aims to lead race for critical minerals needed for energy transition — A mining and artificial intelligence start … | Raquel Coronell Uribe / NBC News: |
The US Treasury sanctions Iranian and Russian entities over attempted election interference, including a Moscow entity that directed the creation of deepfakes — The Treasury Department said Iran and Russia sought to divide Americans through targeted disinformation campaigns in the 2024 elections.| Samantha Cole / 404 Media: |
Pornhub now blocks users in 17 US states, including almost all of the South, after blocking Florida, Tennessee, and South Carolina due to age verification laws — As of today, three more states join the list of 17 that can't access Pornhub because of age verification laws.| John Herrman / New York Magazine: |
Meta saying it expects AI characters to populate its apps is its friendly rebrand of an effective but alienating effort to automate social interactions — Why AI friends are coming to Facebook and Instagram. — Among Meta's many resolutions for the new year — making augmented reality … | Kyle Wiggers / TechCrunch: |
OpenAI missed its goal to launch Media Manager, an opt-out tool for creators, by 2025; sources: the tool was rarely viewed as an important launch internally — Back in May, OpenAI said it was developing a tool to let creators specify how they want their works to be included in — or excluded from — its AI training data.| Gerrit De Vynck / Washington Post: |
Elon Musk got new support for his OpenAI lawsuit in filings last week, including from tech advocacy group Encode, backed by AI researchers like Geoffrey Hinton — The billionaire is attempting to block the ChatGPT maker's transition into a for-profit company. His own start-up xAI competes with OpenAI.| Nikkei Asia: |
Huawei Rotating Chair Meng Wanzhou says the company is helping train 300,000+ tech students per year, in cooperation with 3,000+ universities in 110 countries — TAIPEI — China's Huawei Technologies said it has built tech “academies” in 110 nations to cultivate hundreds of thousands of engineers a year … | Connie Loizos / TechCrunch: |
Q&A with Robinhood CEO Vlad Tenev about the company's aggressive plans for 2025, including competing with prediction markets like Kalshi — Robinhood CEO Vlad Tenev has a lot to celebrate this holiday season. After a bumpy few years following Robinhood's 2021 IPO … | Iris Deng / South China Morning Post: |
China's Wingtech, supplier to Apple, Samsung, Xiaomi, and others, plans to sell its contract manufacturing business to Luxshare after being sanctioned by the US — The Shanghai-listed company says it will sell its consumer-electronics contract manufacturing business to focus on semiconductors
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| New York Times: |
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