US telco Lumen says its network is now clear of China’s Salt Typhoon hackers

Posted on December 31, 2024 by Techme101

Lumen says there is ‘no evidence’ that customer data was accessed during the intrusion
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After ups and downs, food delivery startup Epicery closes shop

Posted on December 31, 2024 by Techme101

French food delivery startup Epicery will cease operations Tuesday, after one last holiday season hurrah for its clients and the local food businesses that were using the platform during its nine years in business in exchange for a 25% commission. In a message announcing the decision to customers earlier this month, Epicery’s team said that […]
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Silicon Valley’s turn of fortune: Intel has worst year ever, while Broadcom enjoys record gain

Posted on December 31, 2024 by Techme101

Intel lost over 60% of its value in 2024, the biggest drop in its 53 years as a public company. Broadcom’s stock price more than doubled.

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Crypto fugitive Do Kwon extradited to US over $40bn crash

Posted on December 31, 2024 by Techme101

US authorities allege he was responsible for the collapse of two coins, prompting a massive crypto sell-off.

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New Year’s cybersecurity resolutions that every startup should keep

Posted on December 31, 2024 by Techme101

These simple cybersecurity resolutions can help keep your startup protected from most malicious hackers.
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Alibaba slashes prices on large language models by up to 85% as China AI rivalry heats up

Posted on December 31, 2024 by Techme101

Alibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both texts and images.

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India again delays rules to break PhonePe-Google Pay duopoly

Posted on December 31, 2024 by Techme101

India has once again pushed back a contentious plan to limit big technology companies’ control of the nation’s digital payments system, extending a regulatory uncertainty that has weighed on the sector for years. The National Payments Corporation of India said on Tuesday it would extend the deadline for implementing a 30% cap on any individual […]
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India lifts WhatsApp payment curbs

Posted on December 31, 2024 by Techme101

India has removed restrictions on WhatsApp’s payments service in a significant victory for Meta in its largest market by users as it seeks to compete with entrenched fintech rivals. The National Payments Corporation of India, the payments body overseeing the popular UPI payments rail, said Tuesday that WhatsApp can now roll out WhatsApp Pay to […]
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Gupshup investor cuts value of its stake again, implying new valuation of $486M

Posted on December 31, 2024 by Techme101

Asset management firm Fidelity slashed the estimated worth of its stake in business messaging platform Gupshup by another 7.7% last month, lowering the value of its holding in the SaaS startup by a total of more than 65% since its investment in mid-2021. One of the funds operated by the U.S. asset manager valued its […]
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Samsung pays $181M to become largest shareholder of Rainbow Robotics

Posted on December 31, 2024 by Techme101

Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023, said it is acquiring the stake to bolster […]
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