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U.S. Senators React to Chinese Hacking Campaign Targeting Telecoms
U.S. senators are ramping up their efforts to address a growing cybersecurity threat following a classified briefing on the Chinese hacking campaign, Salt Typhoon. The briefing, held Wednesday, provided alarming…
ThredUp Sheds European Operations, Transfers Remix to Local Leadership
Fashion resale marketplace ThredUp has sold its European business, Remix, to focus solely on its domestic U.S. operations. This move, part of a strategic realignment, sees Remix’s management team, led…
South Korean Martial Law Spurs Record Crypto Trading Volume of $34 Billion
In the wake of South Korea’s brief implementation of martial law, the nation’s major cryptocurrency exchanges experienced an unprecedented surge in trading volume. Over a 24-hour period, the combined spot…
Amazon Partners with Orbital Materials to Trial Carbon Capture at Data Centers
Amazon has partnered with Orbital Materials, an AI startup, to deploy a novel carbon capture technology at one of its AWS data centers. This collaboration addresses the surging energy demands…
Intel Seeks CEO with Foundry Expertise Following Gelsinger’s Resignation
Intel’s search for a new CEO is focused on candidates with strong manufacturing backgrounds, particularly in foundry operations, interim co-CEO David Zinsner revealed at the UBS Technology Conference on Wednesday.…
Senator Bill Cassidy Faces Primary Challenge Over Trump Impeachment Vote
Senator Bill Cassidy, R-La., is set to face a challenge from within his own party for the 2026 election cycle. Louisiana Treasurer John Fleming has announced his candidacy for Cassidy’s…
Temu Ordered to Halt Operations in Vietnam Over Registration Failure
Chinese e-commerce platform Temu has been ordered to suspend its operations in Vietnam after missing a key registration deadline, according to reports from Vietnamese state media. The decision follows the…
Coinbase Integrates Apple Pay into Onramp App Services
Coinbase, a leading U.S.-based cryptocurrency exchange, has integrated Apple Pay into its Onramp app services, effective from December 2. This integration allows users to log in and perform transactions via…
Chinese Hackers Steal Metadata in Major Cybersecurity Breach
A Chinese hacking group, known as “Salt Typhoon,” has stolen a significant amount of Americans’ metadata in an ongoing cyberespionage campaign, a senior U.S. official revealed on Wednesday. The hackers…
Binance Dominates in Bitcoin Deposits Among Crypto Exchanges in 2024
In 2024, cryptocurrency exchanges have witnessed a significant increase in average deposits, with Binance leading the pack, according to a December 3rd analysis by CryptoQuant. This surge is largely attributed…
Walmart Finalizes $2.3 Billion Acquisition of Vizio
Walmart has officially completed its $2.3 billion acquisition of Vizio, marking a major step in the retail giant’s push to grow its connected TV advertising business. The all-cash deal, initially…
Schneider Electric and Nvidia Team Up to Create AI Data Center Cooling Systems
Schneider Electric, the French electrical equipment giant, is collaborating with Nvidia to create advanced cooling systems for artificial intelligence (AI) data centers. These systems will support Nvidia’s flagship servers, set…
Amazon Music’s “2024 Delivered” Is Here to Compete with Spotify Wrapped
Amazon Music has officially entered the year-end recap game with its new feature, 2024 Delivered. Launched on Tuesday, the tool offers a detailed look at user listening habits, including top…
Apple Music Replay 2024 Now Available in the App
Apple Music’s Replay 2024 is here, giving users a detailed breakdown of their streaming habits. This year, Replay is available directly in the Apple Music app for users on iOS…
Expect a Rise in Crypto Phishing Scams During the Holiday Shopping Season
As the Christmas holiday shopping season approaches, cybersecurity experts are raising alarms about an expected surge in crypto phishing attacks. According to a recent analysis by Scam Sniffer, a platform…
Trade Tensions Deepen as China Questions Safety of U.S. Semiconductors
Chinese companies have been advised to reconsider purchasing U.S. semiconductor products, with top industry associations declaring on Tuesday that American chips are “no longer safe.” The coordinated statements, issued by…
XRP Ledger Slashes Base Reserve Requirement by 90% to Foster Greater Accessibility
On December 2nd, the XRP Ledger implemented a significant reduction in its base reserve requirements, lowering the threshold from 10 XRP ($25.60 at current prices) to just 1 XRP ($2.56).…
Lip-Bu Tan Emerges as Key Candidate in Intel’s CEO Hunt
Intel has begun its search for a new CEO, evaluating several external candidates, including semiconductor industry veteran and former board member Lip-Bu Tan. This follows the departure of Pat Gelsinger,…
Coinbase to Sever Ties with Law Firms Employing Former Anti-Crypto Regulators
Coinbase CEO Brian Armstrong has taken a firm stance against law firms that employ individuals previously involved in anti-crypto regulatory actions. Armstrong expressed his concerns through a post on X…
US Urges Stronger Encryption Amid Chinese Telecom Hacking Allegations
A senior U.S. cybersecurity official has issued a clear recommendation to Americans: embrace encryption to secure their communications. Jeff Greene, Executive Assistant Director for Cybersecurity at the Cybersecurity and Infrastructure…