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December 24, 2024, 6:30 AM
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| 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 — - Hyperliquid is the largest DeFi derivatives exchange by volume — Security expert says Hyperliquid faces threat from North Korea| 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 …
More: The Verge, FedScoop, The Hill, Nextgov/FCW, Science, Tech in Asia, New York Times, and Bloomberg
| Kyle Wiggers / TechCrunch: |
More: @realDonaldTrump …, @realDonaldTrump …, Politico, Unchained, @realDonaldTrump …, Gadgets 360, DL News, Sifted, The Economic Times, CIO.com, Coinspeaker, CCN.com, Coinpedia Fintech News, Analytics India Magazine, Inc42 Media, YourStory.com, Blockhead, Axios, Benzinga, Tech in Asia, Cointelegraph, and The Information
Bluesky: @romitmehta.com. X: @sriramk, @avischiffmann, @levie, @andrewyng, @elonmusk, @danielsloeb1, @zoink, @deedydas, @gergelyorosz, @martin_casado, @dhume, @cdixon, and @antoniogm
| Laila Kearney / Reuters: |
Lawrence Berkeley National Laboratory report: data centers could account for 6.7% to 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 … | Antonio Pequeño IV / Forbes: |
xAI 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 … | 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:
More: CCN.com, Cryptonews, and Cointelegraph
| 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 — Last month, AI founders and investors told TechCrunch that we're now in the “second era of scaling laws,” noting how established methods … | 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.
More: The Verge, MegaLag on YouTube, TweakTown, OC3D, Fortune, SiliconANGLE, Android Authority, The i Paper, The US Sun, and TechIssuesToday.com
Bluesky: @jonathan.macstories.net, @harrymccracken.com, @tinydragon.art, @mtsw, @caseynewton, @kirb.me, @GossiTheDog.cyberplace …, @daizz, @venerabela.vuhuni.net, @patrickhowelloneill.com, and @taylorlorenz
X: @markiplier, @cosmic_oro, @coffeebreak_yt, @joecarlsonshow, @forthewintcg, @j3lte, @snazzylabs, @megalagofficial, and @andreasxirtus
LinkedIn: Ronnie Tokazowski, Magnus Revang, Jordan Williams, Nick Tate, Glenn Vanderlinden, and Oliver Bogner
Forums: Hacker News, r/Anticonsumption, r/Coffeezilla_gg, r/youtube, and Slashdot
| William J. Broad / New York Times: |
How AI hallucinations are transforming scientific discovery, with some scientists calling the term “hallucination” misleading and likening it to exploration — Artificial intelligence often gets criticized because it makes up information that appears to be factual, known as hallucinations.
More: The Verge and Singularity Hub
| 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 …
Bluesky: @stevefaktor.com
| Foo Yun Chee / Reuters: |
Sources: the EU will conditionally approve US chip design software company Synopsys' $35B Ansys acquisition, the largest tech deal since Broadcom bought VMware — U.S. chip design software company Synopsys (SNPS.O) is set to win conditional EU antitrust approval for its $35 billion buy of Ansys …
More: Tech Monitor and Reuters
| 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, closing in H2 2025 — Deal values the closely held company at $1.5 billion, including debt — Xerox Holdings has struck a deal for Lexmark International that values … Sponsor Posts
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