North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers

Posted on January 14, 2025 by Techme101

A joint international statement provides the first official confirmation that North Korea was behind the $235M hack of WazirX, India’s largest cryptocurrency exchange.
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UK plans to ban public sector organizations from paying ransomware hackers

Posted on January 14, 2025 by Techme101

The Home Office has proposed a ‘targeted ban’ on ransom payments following a wave a cyberattacks targeting the UK
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Venture funding remains stable in France thanks to AI startups

Posted on January 14, 2025 by Techme101

Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to Atomico’s State of European Tech report, with a more granular view on French startups in particular. As a reminder, the bottom line of Atomico’s report is that European startups raised $45 […]
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A Spymaster Sheikh Controls a $1.5 Trillion Fortune. He Wants to Use It to Dominate AI

Posted on January 14, 2025 by Techme101

Tahnoun bin Zayed al Nahyan—the UAE’s chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth. America’s AI giants are scrambling for a piece of it.

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Google faces UK investigation over search dominance

Posted on January 14, 2025 by Techme101

The tech giant accounts for 90% of web searches in the UK – the regulator will probe whether that harms consumers and rivals.

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UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigation

Posted on January 14, 2025 by Techme101

The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance of Google in Search, including the new work it’s doing in AI search as well as […]
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Google faces first major probe under UK’s tough new antitrust rules

Posted on January 14, 2025 by Techme101

Britain’s competition watchdog said Tuesday that it’s opening a formal antitrust investigation into Google’s search and search advertising business.

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Bioptimus raises $41M to develop a ‘GPT for biology’

Posted on January 14, 2025 by Techme101

A fledgling French AI startup has raised $41 million to develop a foundational AI model for biology. Just as OpenAI’s ChatGPT has taken the world by storm for a super-smart generative AI tool capable of natural language conversation in text form, Bioptimus is taking that concept but training its model specifically for downstream biological applications […]
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The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says

Posted on January 14, 2025 by Techme101

Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.

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LemFi moves remittances further into Asia and Europe with $53M in new funding

Posted on January 14, 2025 by Techme101

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance […]
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