Bloomberg: Doc: FBI leaders have warned that they believe the hackers who broke into AT&T’s system last year stole months of their agents’ call and text logs — – Bureau warned breach could expose informants, document shows — Hackers stole six months of customer text, call logs from AT&T Lees verder op Tech Meme
Gaby Del Valle / The Verge: Tech trade groups NetChoice and TechNet sue CFPB for its efforts to regulate digital payment apps like Apple Pay, Google Wallet, and Venmo more like banks — Two major tech trade groups are challenging the Consumer Financial Protection Bureau’s (CFPB) effort to treat payment apps and digital wallets like banks. Lees verder op Tech Meme
Leo Schwartz / Fortune: CFPB announces a $175M settlement with Block, including $120M in refunds to consumers, saying Cash App allowed rampant fraud while misleading its customers — Jack Dorsey, cofounder and head of Block — On Thursday, the Consumer Financial Protection Bureau announced a massive $175 million settlement … Lees verder op Tech Meme
Bloomberg: Zhou Chaonan, the chairwoman of data center operator Range Intelligent, has become China’s third richest woman after her company’s stock rose 105% in 2024 — – Range Intelligent’s chairwoman Zhou joins world’s 500 richest — TikTok owner ByteDance is one of Range’s major customers Lees verder op Tech Meme
David Yaffe-Bellany / New York Times: Sources: crypto executives have offered input to David Sacks on a possible Trump EO that covers several areas of crypto policy, including a Bitcoin stockpile — The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan. Lees verder op Tech Meme
Rebecca Bellan / TechCrunch: Netradyne, which provides AI-enabled dashcams to fleet owners like Amazon, raised a $90M Series D led by Point72 at a pre-money valuation of $1.25B — Distracted driving is a leading cause of car crashes — and rising auto insurance premiums, which are expected to increase in 2025. Lees verder op Tech Meme
Austin Carr / Bloomberg: A look at the legal dispute between Walgreens and Cooler Screens, which installed 10,000 smart doors that track shoppers and show ads at Walgreens’ US stores — A startup promised the pharmacy chain its high-tech coolers would track shoppers and spark an in-store ad revolution. Lees verder op Tech Meme
The Information: Sources: RedNote staff is scrambling to hide US users’ posts from Chinese users after China raised concerns about politically sensitive English-language posts — A pending ban of TikTok in the U.S. is prompting a flood of TikTok users to try out Chinese social media app RedNote. Lees verder op Tech Meme
Miles Kruppa / Wall Street Journal: Earnest Analytics: ~60% of paid Gemini users kept their subscriptions six months after signing up, better than Perplexity but lagging behind ChatGPT and Claude — Tired of trailing OpenAI, CEO Sundar Pichai wants his Gemini chatbot to be used by 500 million people Lees verder op Tech Meme
John Reynolds / Tech.eu: Brokerage firm IG Group acquires UK trading app Freetrade for £160M; Freetrade raised ~£30m via crowdfunding and was valued at £650m in 2021 during the pandemic — Freetrade, the UK trading app, has been acquired by the listed trading platform and spread betting group IG Group in a £160M deal. Lees verder op Tech Meme