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December 5, 2024, 12:00 PM
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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:
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
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 …
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.
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 …
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
Simon Willison / Simon Willison's Weblog:
Amazon Nova LLM first impressions: the models are competitive with Google Gemini and extremely inexpensive, and may position Amazon as a top tier model provider  —  Amazon released three new Large Language Models yesterday at their AWS re:Invent conference.
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 …
Tom Mitchelhill / Cointelegraph:
Viral influencer Haliey Welch's Hawk Tuah memecoin sparks outrage across social media as it briefly pumped to a peak market cap of $490M and then dumped 90%+  —  Haliey Welch's memecoin HAWK has plunged 90% since its launch, though Welch has denied any insider sales from herself or her team.
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.
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.
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.
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

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This is a Techmeme archive page. It shows how the site appeared at 12:00 PM 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.

From Mediagazer

The Guardian:
A reconstruction of the events that led to Ukrainian reporter Victoria Roshchyna's detention and death in Russia; forensics suggest “numerous signs of torture”

Mark Stenberg / Adweek:
Source: the Los Angeles Times had a roughly $50M loss in 2024, following a $30M loss in 2023, and has lost about 25,000 paid subscribers since September 2024

Benjamin Mullin / New York Times:
The Corporation for Public Broadcasting sues the Trump administration, accusing it of illegally trying to fire three members of its board on April 28

More News

Reuters:
Four top Chinese industry associations say Chinese companies should be wary of buying US chips as they are “no longer safe or reliable”, and buy locally instead

Earlier Picks

Scott Stein / CNET:
Hands-on with Xreal's One Series smart glasses, powered by its custom-made X1 chip; the $499 One ships from December 9 and the $599 One Pro ships in early 2025
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
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
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”
Wes Davis / The Verge:
Threads users can now follow fediverse accounts that have interacted with a Threads post; users won't see fediverse posts in feeds, but will on account profiles
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