Techmeme
December 31, 2024, 12:50 PM

Top News

Brian Krebs / Krebs on Security:
The US arrests a US Army soldier on suspicion of being Kiberphant0m, who sold sensitive customer call records stolen from AT&T and Verizon in the Snowflake hack  —  Federal authorities have arrested and indicted a 20-year-old U.S. Army soldier on suspicion of being Kiberphant0m …
Manish Singh / TechCrunch:
India removes a 100M user cap on WhatsApp Pay, letting Meta roll out the mobile payments service to all of its 500M+ users in the country  —  India has removed restrictions on WhatsApp's mobile payments service in a significant victory for Meta in its largest market by users as it seeks to compete with entrenched fintech rivals.
Sidhartha Shukla / Bloomberg:
BlackRock's Bitcoin ETF surpassed $50B in assets in 11 months, marking the fastest-growing ETF debut ever, and helping BTC exceed $100K in mid-December  —  - IBIT has grown to more than $50 billion in assets in 11 months  — US ETFs played a key role in Bitcoin's rally over $100,000
Kanishka Singh / Reuters:
The US DOJ files a complaint and announces a civil enforcement action against fintech startup Dave and CEO Jason Wilk, replacing an FTC complaint from November  —  The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc …
Reuters:
Samsung invests $181M in South Korean robot maker Rainbow Robotics, boosting its stake to 35%, and launches a Future Robotics Office reporting to the CEO  —  Samsung Electronics (005930.KS) became the largest shareholder of South Korea's Rainbow Robotics (277810.KQ), the robotics company said in a regulatory filing on Tuesday.
Coco Feng / South China Morning Post:
Ant Group's payment app Alipay adds an AI-powered image search feature as it tries to become a super app like rival Tencent's WeChat  —  Alipay's move shows how mobile payment platforms are striving to grow their customer base and engender user loyalty in the AI era

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Zack Whittaker / TechCrunch:
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Earlier Picks

Thanos Pappas / Carscoops: