Techmeme
February 8, 2025, 3:45 AM

Top News

Financial Times:
Brian Krebs / Krebs on Security:
Chat logs reveal DOGE member Edward Coristine's ties to cybercrime community The Com, and a Telegram handle linked to him sought a DDoS-for-hire service in 2022  —  Wired reported this week that a 19-year-old working for Elon Musk's so-called Department of Government Efficiency (DOGE) …
Bloomberg:
CNBC:
Louise Matsakis / Wired:
Filing: Kash Patel, Trump's nominee to head FBI, was allotted Shein shares of $1M to $5M in exchange for consulting services; he has no plans to divest them  —  Donald Trump's pick for FBI director told senators he has no plans to divest his shares, which his financial disclosure form …
Punchbowl News:
Sources: Trump has tasked JD Vance and National Security Adviser Michael Waltz with overseeing a potential sale of TikTok  —  Vance is in charge of “quarterbacking a deal to save TikTok,” according to a source familiar with the matter.  Waltz and the National Security Council are in charge …
CNBC:
Sources: Anduril is in talks to raise up to $2.5B, led by Founders Fund with a $1B commitment, at a $28B valuation; Anduril's revenue in 2024 doubled to ~$1B  —  WATCH NOW  —  Anduril, the defense-tech startup founded by Palmer Luckey, has signed a term sheet to raise capital at a $28 billion valuation …
Hayden Field / CNBC:
Sources: SoftBank is set to invest $40B in OpenAI at a $260B pre-money valuation; investors last valued OpenAI at $157B, when it raised $6.6B in October 2024  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices
Reuters:
SolarWinds says it will go private in a $4.4B deal with buyout firm Turn/River Capital; SWI closes up 21.8%  —  SolarWinds (SWI.N) said on Friday it would go private in a $4.4 billion deal with buyout firm Turn/River Capital, the latest sign debt-funded deals were set to rebound this year as borrowing costs decline.
Jay Peters / The Verge:
Jay Peters / The Verge:
PlayStation Network has been experiencing a multi-hour outage, affecting account management, gaming and social, and PlayStation Video, Store, and Direct website  —  PSN has been experiencing a multi-hour outage.  You might have trouble loading purchased digital games or seeing which friends are online.
Reuters:
Sources: Ilya Sutskever's Safe Superintelligence is in talks to raise funding at a $20B+ valuation, up from a $5B valuation in its September 2024 funding round  —  Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year …
Kyle Wiggers / TechCrunch:
DeepMind says its AlphaGeometry2 model solved 84% of International Math Olympiad's geometry problems from the last 25 years, surpassing average gold medalists  —  An AI system developed by Google DeepMind, Google's leading AI research lab, appears to have surpassed the average gold medalist …
Fei-Fei Li / Financial Times:
Three fundamental principles for the future of AI policymaking: have a clear view of reality, be pragmatic instead of ideological, and empower the AI ecosystem  —  It is possible to develop a model with the best intentions, and for that model to be misused later on
Sergiu Gatlan / BleepingComputer:
Microsoft warns that attackers are using static ASP.NET machine keys found online to inject malware into ViewState, which controls web form state during reloads  —  Microsoft warns that attackers are deploying malware in ViewState code injection attacks using static ASP.  NET machine keys found online.
Cheng Ting-Fang / Nikkei Asia:
Sources: TSMC is informing Chinese customers using its 16nm or better tech that it cannot ship orders unless they use a US “white list” chip packaging supplier  —  TAIPEI — The latest U.S. export controls on China's chip sector are causing more disruption than the industry expected …
Financial Times:
Docs: Palantir has won $2.7B+ in US contracts since 2009, including $1.3B+ in Pentagon contracts, and spent $5.8M in lobbying in 2024, up from ~$1M in 2015  —  Peter Thiel-chaired group has Washington and Westminster network that helped secure around $3bn in official contracts
More: Motley Fool
Monique Mulima / Bloomberg:
CoinMarketCap: Circle's USDC market cap reached a new high of $56.2B on February 9, after dropping to $24.5B in 2023 in the months following FTX's collapse  —  USDC reached a market value of $56.2 billion on Friday, after falling to $24.5 billion in 2023, according to data from CoinMarketCap.
More: CryptoSlate

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Earlier Picks

Bloomberg:
Ryan Christoffel / 9to5Mac:
Financial Times:
Jason Schreier / Bloomberg:
Emma Roth / The Verge:
Zaheer Kachwala / Reuters:
Paul Sawers / TechCrunch: