Techmeme
December 5, 2024, 11:05 AM

Top News

Helen Partz / Cointelegraph:
Bitcoin passes $100K for the first time after rallying 126%+ since January 2024, driven by Bitcoin ETF demand, April's halving, and Donald Trump's election win  —  Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April's halving and Donald Trump's US election win.
New York Times:
Trump picks former SEC Commissioner Paul Atkins, who is seen as a strong advocate for looser regulation of crypto assets, to succeed Gary Gensler as SEC Chair  —  Mr. Atkins, a pro-business conservative, would likely take a lighter regulatory approach than the current chair of the Securities and Exchange Commission.
Josh Sisco / Bloomberg:
New York Times:
At the DealBook Summit, Jeff Bezos said he is “very hopeful” about President-elect Donald Trump, and praised his deregulatory agenda and Elon Musk's leadership  —  The Amazon founder said he saw signs of a “calmer” Donald J. Trump on the eve of his return to the White House.
Bill Toulas / BleepingComputer:
Microsoft and Lumen's Black Lotus Labs find Russia-linked Turla hackers hijacked Pakistan-based hackers' servers to launch their own attacks since December 2022  —  The notorious Russian cyber-espionage group Turla is hacking other hackers, hijacking the Pakistani threat actor Storm-0156's infrastructure …
Jillian Deutsch / Bloomberg:
The UK CMA clears the £15B Vodafone-Three deal after a 10-month inquiry, subject to investing £11B in UK digital infrastructure, creating the UK's biggest telco  —  - CMA approved the merger with Three in UK on Thursday  — Europe's telcos have spent years lobbying for consolidation
Greg Otto / CyberScoop:
The White House says the Salt Typhoon hack has impacted eight telecom companies in the US, and also affected dozens of other countries, for as long as two years  —  A senior administration official said Wednesday the Salt Typhoon hack has impacted dozens of countries in a sweeping espionage campaign
Reuters:
Sources: TSMC is in discussions with Nvidia to make its Blackwell AI chips at TSMC's new Arizona plant starting in early 2025, expanding on production in Taiwan  —  Taiwan Semiconductor Manufacturing Co (2330.TW) is in discussions with Nvidia Corp (NVDA.O) to produce its Blackwell artificial …
Simon Willison / Simon Willison's Weblog:
Jordyn Holman / New York Times:
A look at the fulfillment networks of Amazon, Walmart, and Target for same-day or next-day delivery; Walmart says it now offers same-day to 86% of US households  —  Retailers like Amazon, Walmart and Target have figured out that if they get you your online order today, you will probably spend more tomorrow.
Zaheer Kachwala / Reuters:
Intel interim co-CEO David Zinsner says Intel's financial forecast is unchanged and expects the next CEO to have some capability around both foundry and product  —  Intel's (INTC.O) next chief executive officer will have manufacturing expertise as well as experience in the product side of the business …
Hayden Field / CNBC:
Anduril and OpenAI partner to deploy advanced AI systems for national security missions, focusing on “improving the nation's counter-unmanned aircraft systems”  —  OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced artificial …
Financial Times:
xAI plans to expand its Colossus supercomputer tenfold to incorporate 1M+ GPUs; work has already begun to increase the size of its Memphis, Tennessee facility  —  Facility in Memphis expected to incorporate more than 1mn GPUs as billionaire's xAI aims to catch up with rivals
Alice Kantor / Bloomberg:
US authorities: Dubai has quietly become a leading home for crypto scamming in the past decade, including Ponzi and pyramid schemes that made $3.4B+ since 2017  —  Ponzi and pyramid schemes dressed in startup clothes have been running rampant in the UAE, experts and US authorities say.
Charles Rollet / TechCrunch:
Three of Google's NotebookLM team members, lead Raiza Martin, a designer, and an engineer, are leaving to launch a startup focused on “a user-first AI product”  —  Three members of Google's NotebookLM team, including its team lead and designer, have announced they are leaving Google for a new stealth startup.
Reuters:
Meta plans to invest $10B to build an AI data center in Louisiana, in what would be its largest data center in the world, and expects work to start in December  —  Facebook-parent Meta (META.O) said on Wednesday it plans to invest $10 billion to set up an AI data center in Louisiana …
Wall Street Journal:
A look at Intel CEO Pat Gelsinger's failed rescue strategy; since Gelsinger took over in February 2021, Nvidia added $3T in market cap while Intel lost $150B  —  Pat Gelsinger was one of the chip pioneer's true believers.  After his rescue strategy failed, the board lost confidence in him.
Kyle Wiggers / TechCrunch:
Google DeepMind unveils Genie 2, a model that can generate 3D worlds from a single prompt image, playable by humans or AI agents using keyboard and mouse inputs  —  DeepMind, Google's AI research org, has unveiled a model that can generate an “endless” variety of playable 3D worlds.
Madhumita Murgia / Financial Times:
Q&A with Anthropic CEO Dario Amodei on his “Machines of Loving Grace” essay, AI industry concentration, why democracies must maintain the lead in AI, and more  —  Co-founder of leading AI start-up sees potential to help free states counter autocracies, as well as exploring biological complexity
More: Reuters

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Everything new in the Zoho Sign Android mobile app  —  With a 4.5 star user rating in the Google Play Store, Zoho Sign's native mobile app for Android is a must-have for secure, swift, and hassle-free paperwork management.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Invest Like the Best:
Neil Mehta - Finding Future S&P 500 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Techmeme Ride Home:
Tariff Groundhog Day
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Grit:
Flexport's Third Act: Winning in a Broken Global Trade System
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Everyone's an engineer now: Inside v0's mission to create a hundred million builders | Guillermo Rauch (founder & CEO of Vercel, creators of v0 and Next.js)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Logan Bartlett Show:
Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:05 AM ET, December 5, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Reuters:

Earlier Picks

Scott Stein / CNET:
Sarah Perez / TechCrunch:
Wes Davis / The Verge: