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GlobalFoundries and IBM settle dueling lawsuits claiming that GlobalFoundries breached a contract with IBM and that IBM misused the chipmaker's trade secrets (Blake Brittain/Reuters)
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Thomson Reuters acquires Michigan-based tax automation company SafeSend in an all-cash transaction valued at $600M (Paul Sawers/TechCrunch)
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Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the data with others (Jonathan Stempel/Reuters)
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Sources: Morgan Stanley's E-Trade explores adding crypto trading, if the Federal Reserve and others approve, anticipating more favorable regulation under Trump (Yueqi Yang/The Information)
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Telegram rolls out a new account verification method powered by third-parties, new search filters for private chats, and the ability to turn gifts into NFTs (Ivan Mehta/TechCrunch)
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Asus, Samsung, and MSI separately unveil the world's first 27-inch QD-OLED gaming monitors, offering 4K OLED at 240Hz, without sharing release dates or pricing (Tom Warren/The Verge)
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While the crypto industry anticipates lighter regulation and wider adoption under Donald Trump, some worry about systemic risks, particularly from stablecoins (Financial Times)
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Rembrand, which offers AI tools to add product placements in social media videos, raised a $23M Series A and plans to expand to CTV content and add a free tier (Kerry Flynn/Axios)
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In 2024, the tech industry promoting a practical and prosperous vision of generative AI drowned out warnings of AI tools potentially causing catastrophic damage (Maxwell Zeff/TechCrunch)
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Fintech themes to watch in 2025: relaxed regulation under the second Trump administration, more IPOs, acquisitions, and VC funding, and more stablecoin use (Emily Mason/Bloomberg)
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Experts warn of a rise in personalized phishing emails targeting corporate executives with personal details probably obtained via AI analysis of online profiles (Stephanie Stacey/Financial Times)
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Q&A with Robinhood CEO Vlad Tenev about the company's aggressive plans for 2025, including competing with prediction market startups like Kalshi and Polymarket (Connie Loizos/TechCrunch)
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Malaysia says X and Google haven't applied for a new social media license; X cites under 8M Malaysian users, while Google disputes YouTube's classification (Ram Anand/Bloomberg)
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China's Wingtech, supplier to Apple, Samsung, Xiaomi, and others, plans to sell its contract manufacturing business to Luxshare after being sanctioned by the US (Iris Deng/South China Morning Post)
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Nvidia invested $1B across 50 funding rounds and several corporate deals in 2024, up from $872M in 2023; the majority of the deals were with "core AI" companies (Financial Times)
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Sources: Chinese government hackers breached the US Treasury Department's OFAC, which administers economic sanctions, and two other Treasury offices (Washington Post)
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Pornhub now blocks users in 17 US states, including almost all of the South, after blocking Florida, Tennessee, and South Carolina due to age verification laws (Samantha Cole/404 Media)
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Huawei Rotating Chair Meng Wanzhou says the company is helping train 300,000+ tech students per year, in cooperation with 3,000+ universities in 110 countries (Nikkei Asia)
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Meta saying it expects AI characters to populate its apps is its friendly rebrand of an effective but alienating effort to automate social interactions (John Herrman/New York Magazine)
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The defense industry is poised for a deal surge as firms expand in AI, drones, and space systems; Bain: VC deal value in the sector has risen 18x in a decade (Sylvia Pfeifer/Financial Times)
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