Reuters:
US Cybercom Executive Director Morgan Adamski says Chinese hackers are positioning themselves in critical infrastructure in the event of a clash with the US — Chinese hackers are positioning themselves in U.S. critical infrastructure IT networks for a potential clash with the United States …
A Texas jury awards Netlist $118M in damages from Samsung in a patent lawsuit, after finding Samsung made and sold infringing DRAM products to customers (Blake Brittain/Reuters)
Blake Brittain / Reuters:
A Texas jury awards Netlist $118M in damages from Samsung in a patent lawsuit, after finding Samsung made and sold infringing DRAM products to customers — A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist (NLST.PK)$118 million in damages from Samsung Electronics …
A US Chamber of Commerce email shows the Biden administration could add up to 200 Chinese chip companies to a trade restriction list as soon as next week (Alexandra Alper/Reuters)
Alexandra Alper / Reuters:
A US Chamber of Commerce email shows the Biden administration could add up to 200 Chinese chip companies to a trade restriction list as soon as next week — The Biden administration is set to unveil new export restrictions on China as soon as next week, the U.S. Chamber of Commerce told members in a Thursday email.
SCOTUS agrees to hear a challenge against the FCC’s $8B per year program to subsidize phone and internet services in schools, libraries, and rural areas (Associated Press)
Associated Press:
SCOTUS agrees to hear a challenge against the FCC’s $8B per year program to subsidize phone and internet services in schools, libraries, and rural areas — The Supreme Court on Friday stepped into a major legal fight over the $8 billion a year the federal government spends to subsidize phone …
Q&A with Zepto CEO Aadit Palicha on raising a new $350M round, the narrative that quick commerce is hurting grocery stores, industry pay structure, and more (Moneycontrol)
Moneycontrol:
Q&A with Zepto CEO Aadit Palicha on raising a new $350M round, the narrative that quick commerce is hurting grocery stores, industry pay structure, and more — In a wide-ranging interview with Moneycontrol, Palicha asserted Zepto is an Indian company that is not controlled by Americans, unlike Amazon and Flipkart parent Walmart.
A UN task force proposes taxing crypto mining to raise funds for climate action and cites IMF research that says $0.045 per kWh used could raise $5.2B annually (Justine Calma/The Verge)
Justine Calma / The Verge:
A UN task force proposes taxing crypto mining to raise funds for climate action and cites IMF research that says $0.045 per kWh used could raise $5.2B annually — A tentative proposal to tax cryptocurrency mining to raise funds for climate action took off during a United Nations climate conference that’s set to come to a close today.
A US judge declines to sanction Musk for skipping an SEC meeting for a probe into his Twitter takeover, as he reimbursed the SEC and met its lawyers in October (Malathi Nayak/Bloomberg)
Malathi Nayak / Bloomberg:
A US judge declines to sanction Musk for skipping an SEC meeting for a probe into his Twitter takeover, as he reimbursed the SEC and met its lawyers in October — A judge declined to sanction Elon Musk for skipping a meeting with the US Securities and Exchange Commission to watch one of his rockets launch.
Sources: CoreWeave is aiming for a valuation of over $35B and is likely to target raising more than $3B in its US IPO that is expected to occur in Q2 2025 (Echo Wang/Reuters)
Echo Wang / Reuters:
Sources: CoreWeave is aiming for a valuation of over $35B and is likely to target raising more than $3B in its US IPO that is expected to occur in Q2 2025 — Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering …
Sources: Saudi Aramco’s technology subsidiary is in talks to invest ~$1B in US telecommunications software maker Mavenir, in a deal likely to value it at ~$3B (Reuters)
Reuters:
Sources: Saudi Aramco’s technology subsidiary is in talks to invest ~$1B in US telecommunications software maker Mavenir, in a deal likely to value it at ~$3B — Saudi Aramco’s (2223.SE) digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value …
Polymarket blocks users in France from placing trades, as the country’s gaming regulator investigates the platform’s compliance with local gambling laws (Zack Abrams/The Block)
Zack Abrams / The Block:
Polymarket blocks users in France from placing trades, as the country’s gaming regulator investigates the platform’s compliance with local gambling laws — – Prediction marketplace Polymarket has restricted users in France from accessing its platform, according to a message shown when trying to access the site from the country.
