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: 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 …
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 …
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.
Palo Alto Networks says it has observed exploitation of two zero-days in its PAN-OS firewall OS; researchers say hackers have compromised 2,000+ firewalls (Carly Page/TechCrunch)
Carly Page / TechCrunch:
Palo Alto Networks says it has observed exploitation of two zero-days in its PAN-OS firewall OS; researchers say hackers have compromised 2,000+ firewalls — Malicious hackers have compromised potentially thousands of organizations by exploiting two new zero-day vulnerabilities found …
Google DeepMind CEO Demis Hassabis and other executives on the challenges of rapidly infusing Google products with AI while continuing to pursue AGI (Harry McCracken/Fast Company)
Harry McCracken / Fast Company:
Google DeepMind CEO Demis Hassabis and other executives on the challenges of rapidly infusing Google products with AI while continuing to pursue AGI — The computer-science prodigy has dedicated his life to weighty AI research. Now he’s also racing to make everyday Google products smarter.
Sources and screenshots: Kalshi paid influencers to imply that Polymarket and its CEO Shayne Coplan engaged in illegal activity, after FBI’s raid on Coplan (Pirate Wires)
Pirate Wires:
Sources and screenshots: Kalshi paid influencers to imply that Polymarket and its CEO Shayne Coplan engaged in illegal activity, after FBI’s raid on Coplan — kalshi funded influencers to imply its competitor polymarket and CEO shayne coplan were engaged in illegal activity after the fbi raided …
Elon Musk, as Trump’s efficiency czar, is singling out ordinary federal staffers, including some with climate-related jobs, on X and unleashing his fans on them (Wall Street Journal)
Wall Street Journal:
Elon Musk, as Trump’s efficiency czar, is singling out ordinary federal staffers, including some with climate-related jobs, on X and unleashing his fans on them — As Trump efficiency czar, the billionaire is targeting employees by name on X—sparking pushback — Unlimited access across all platforms and devices.
Reid Hoffman shares his worries for tech under a Trump administration, calls Musk owning xAI while setting federal AI policies a serious conflict of interest (Reid Hoffman/Financial Times)
Reid Hoffman / Financial Times:
Reid Hoffman shares his worries for tech under a Trump administration, calls Musk owning xAI while setting federal AI policies a serious conflict of interest — I expect the administration, with the advice of Elon Musk, will adopt a mercantilist AI policy — The writer is co-founder of LinkedIn …
Sources: MatX, which designs chips to train LLMs, raised a ~$80M Series A led by Spark Capital, at a ~$300M valuation, after raising a $25M seed in March (Marina Temkin/TechCrunch)
Marina Temkin / TechCrunch:
Sources: MatX, which designs chips to train LLMs, raised a ~$80M Series A led by Spark Capital, at a ~$300M valuation, after raising a $25M seed in March — MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say …