Techmeme
December 26, 2024, 4:23 AM

Top News

Gleb Bryanski / Reuters:
Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions  —  Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes …
Qwen:
Alibaba releases QvQ-72B-Preview, an experimental research model focused on “enhancing visual reasoning capabilities”, built on Qwen2-VL-72B  —  Language and vision intertwine in the human mind, shaping how we perceive and understand the world around us.
Bloomberg:
Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+  —  - Fair Trade Commission concerned deal would limit competition  — Uber had sought Delivery Hero's Foodpanda unit in Taiwan
Ashley Capoot / CNBC:
Analysis: in 2024, ~66% of 39 public digital health companies lost value, while the Nasdaq rose 32%; in 2021, digital health startups raised a record $29.1B  —  If the Covid era marked a boom time for digital health companies, 2024 was the reckoning.  —  In a year that saw the Nasdaq jump 32% …
Mastodon: @carnage4life@mas.toX: @ashleycapoot and @paul_sonnierLinkedIn: Ashley Capoot
Richard Deitsch / New York Times:
Netflix's first livestream of NFL games avoided major buffering and freezing issues that plagued the Tyson-Paul fight for the most part, after early glitches  —  If you believe in omens, Netflix appeared to be in for a very long day on Wednesday.  As the streaming giant began …
Politico:
Examining Biden's tech legacy and the CHIPS Act, as the White House says $446B has been announced for chips and electronics manufacturing since he took office  —  President Joe Biden had just a single term to try to transform the nation's approach to energy, climate change, technology and jobs.
J. Clara Chan / Wired:
A look at Toontown Rewritten, an unofficial recreation of Disney's Toontown Online game that shut down in 2013; Toontown Rewritten now has 10K DAUs and 50K MAUs  —  Thanks to a bunch of game-makers who were still teens when Toontown Online disappeared, the beloved online world lives on as Toontown Rewritten.
New York Times:
Japan Airlines halts ticket sales after a cyberattack hit its network equipment, causing delays to more than 40 flights, and says flight safety was not impacted  —  The airline also temporarily stopped selling tickets for flights departing Thursday, but said that there was no impact on flight safety.
The Block:
Analysis: Coinbase International saw its total trading volume grow 124% week-over-week to $119B+ this past week, up from $2.5B per day average in November 2024  —  - The weekly total is 124% higher than the previous week's total.  — The following is an excerpt from The Block's Data and Insights newsletter.

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