Craig Wright, an Australian computer scientist, has been found in contempt of court for falsely asserting he is Bitcoin’s creator, Satoshi Nakamoto. Despite a High Court ruling in March debunking his claim, Wright continued launching lawsuits seeking intellectual property rights over Bitcoin, including a $1.2 trillion demand.
The court described Wright‘s actions as ‘legal terrorism’ and sentenced him to a suspended 12-month prison term. If he persists, he risks jail time. Wright’s claim lacked concrete evidence, prompting the cryptocurrency industry to unite against him.
The court found Wright ‘lied extensively’ in his pursuit of recognition, creating a ‘chilling effect’ on the industry. The identity of Bitcoin’s inventor, Satoshi Nakamoto, remains unknown, as all claims, including Wright’s, have been discredited.
Worldcoin, co-founded by OpenAI CEO Sam Altman, has been instructed to delete all iris scan data collected during its operations. The Spanish Data Protection Agency (AEPD) confirmed the enforcement after collaborating with Bavaria’s data watchdog, which ruled the venture breached European Union privacy laws.
The project, designed to create a global identity system using biometric data, faced criticism across multiple countries. In March, Spain’s High Court upheld a temporary ban on the iris-scanning initiative, rejecting an appeal from Worldcoin’s owners.
Based in Bavaria, Germany, Worldcoin rebranded itself as ‘World’ and had aimed to reward participants with free cryptocurrency and digital IDs in exchange for biometric verification. Privacy advocates have voiced strong concerns over the storage and handling of sensitive data.
The directive marks a significant regulatory challenge for Worldcoin, reflecting the growing scrutiny of biometric technologies under Europe’s strict privacy standards. Compliance with the deletion order is now essential to align with the General Data Protection Regulation.
Speakers at IGF 2024 highlighted digital innovation within the United Nations system, demonstrating how emerging technologies are enhancing services and operational efficiency. Representatives from UNHCR, UNICEF, the UN Pension Fund, and UNICC shared their organisations’ progress and collaborative efforts.
Michael Walton, Head of Digital Services at UNHCR, detailed initiatives supporting refugees through digital tools. These include mobile apps for services and efforts to counter misinformation. Walton stressed the importance of digital inclusion and innovation to bridge gaps in education and access for vulnerable groups.
Fui Meng Liew, Chief of Digital Center of Excellence at UNICEF, emphasised safeguarding children’s data rights through a comprehensive digital resilience framework. UNICEF’s work also involves developing digital public goods, with a focus on accessibility for children with disabilities and securing data privacy.
Dino Cataldo Dell’Accio from the UN Pension Fund presented a blockchain-powered proof-of-life system that uses biometrics and AI in support of e-Government for the aging population. This system ensures beneficiaries’ security and privacy while streamlining verification processes. Similarly, Sameer Chauhan of UNICC showcased digital solutions like AI chatbots and cybersecurity initiatives supporting UN agencies.
The session’s collaborative tone extended into discussions of the UN Digital ID project, which links multiple UN agencies. Audience members raised questions on accessibility, with Nancy Marango and Sary Qasim suggesting broader use of these solutions to support underrepresented communities globally.
Efforts across UN organisations reflect a shared commitment to ethical technology use and digital inclusion. The panellists urged collaboration and transparency as key to addressing challenges such as data protection and equitable access while maintaining focus on innovation.
TikTok and its parent company, ByteDance, have asked the Supreme Court to halt a US law that would force ByteDance to sell TikTok by 19 January or face a nationwide ban. The companies argue that the law violates the First Amendment, as it targets one of the most widely used social media platforms in the United States, which currently has 170 million American users. A group of TikTok users also submitted a similar request to prevent the shutdown.
The law, passed by Congress in April, reflects concerns over national security. The Justice Department claims TikTok poses a threat due to its access to vast user data and potential for content manipulation by a Chinese-owned company. A lower court in December upheld the law, rejecting TikTok’s argument that it infringes on free speech rights. TikTok maintains that users should be free to decide for themselves whether to use the app and that shutting it down for even a month could cause massive losses in users and advertisers.
With the ban set to take effect the day before President-elect Donald Trump’s inauguration, TikTok has urged the Supreme Court to decide by 6 January. Trump, who once supported banning TikTok, has since reversed his position and expressed willingness to reconsider. The case highlights rising trade tensions between the US and China and could set a precedent for other foreign-owned apps operating in America.
Florida-based AE Industrial Partners has acquired Israeli spyware company Paragon for an estimated $500 million, with reports suggesting the deal could reach up to $900 million. Paragon, a competitor to NSO Group, is known for providing cybersecurity tools to government agencies that it claims meet “enlightened democracy” standards. The acquisition was completed on 13 December and reportedly approved by both US and Israeli officials.
Paragon, founded in 2019 by former Israeli intelligence officers and backed by ex-Prime Minister Ehud Barak, is merging with Virginia-based cybersecurity firm Red Lattice. This move aims to strengthen the firm’s presence in the global surveillance market. The US subsidiary of Paragon recently signed a one-year contract with US Immigration and Customs Enforcement, reflecting its growing footprint in government cybersecurity services.
The acquisition comes amid tightened scrutiny of spyware technologies after allegations of abuse involving competitors like NSO Group. In 2021, the US added NSO to its trade blacklist, citing its misuse in targeting activists and journalists. Paragon, however, positions itself as a provider of ethically guided surveillance tools, limiting its activities to messaging apps and governmental communications.
Global digital governance was the main topic in a key discussion led by moderator Timea Suto, gathering experts to tackle challenges in AI, data management, and internet governance. At the Internet Governance Forum (IGF) in Riyadh, Saudi Arabia, speakers emphasised balancing innovation with regulatory consistency while highlighting the need for inclusive frameworks that address societal biases and underrepresented voices.
Thomas Schneider of Ofcom Switzerland underscored the Council of Europe‘s AI convention as a promising standard for global interoperability. Meta’s Flavia Alves advocated for open-source AI to drive global collaboration and safer products. Meanwhile, Yoichi Iida from Japan‘s Ministry of Communications outlined the G7 Hiroshima AI code as an international step forward, while concerns about dataset biases were raised from the audience.
Data governance discussions focused on privacy and trust in cross-border flows. Maarit Palovirta of Connect Europe called for harmonised regulations to protect privacy while fostering innovation. Yoichi Iida highlighted OECD initiatives on trusted data sharing, with Amr Hashem of the GSMA stressing the need to develop infrastructure alongside governance, particularly in underserved regions.
The future of internet governance also featured prominently, with Irina Soeffky from Germany‘s Digital Ministry reinforcing the multi-stakeholder model amid calls to update WSIS structures. Audience member Bertrand de La Chapelle proposed reforming the Internet Governance Forum to reflect current challenges. Jacques Beglinger of EuroDIG stressed the importance of grassroots inclusion, while Desiree Milosevic-Evans highlighted gender representation gaps in governance.
Canada‘s Larisa Galadza framed the coming year as critical for advancing the Global Digital Compact, with priorities on AI governance under Canada’s G7 presidency. Maria Fernanda Garza of the International Chamber of Commerce (ICC) called for alignment in governance while maintaining flexibility for local needs amid ongoing multilateral challenges.
Speakers concluded that collaboration, inclusivity, and clear mandates are key to shaping effective digital governance. As technological change accelerates, the dialogue reinforces the need for adaptable, action-oriented strategies to ensure equity and innovation globally.
The 19th Internet Governance Forum (IGF 2024) in Riyadh, Saudi Arabia, brought together a distinguished panel to address global challenges and opportunities in developing trusted digital identity systems. Moderated by Shivani Thapa, the session featured insights from Bandar Al-Mashari, Emma Theofelus, Siim Sikkut, Sangbo Kim, Kurt Lindqvist, and other notable speakers.
The discussion focused on building frameworks for trusted digital identities, emphasising their role as critical infrastructure for digital transformation. Bandar Al-Mashari, Saudi Arabia’s Assistant Minister of Interior for Technology Affairs, highlighted the Kingdom’s innovative efforts, while Namibia’s Minister of Information, Emma Theofelus, stressed the importance of inclusivity and addressing regional needs.
The panellists examined the balance between enhanced security and privacy protection. Siim Sikkut, Managing Partner of Digital Nations, underscored the value of independent oversight and core principles to maintain trust. Emerging technologies like blockchain, biometrics, and artificial intelligence were recognised for their potential impact, though caution was urged against uncritical adoption.
Barriers to international cooperation, including the digital divide, infrastructure gaps, and the complexity of global systems, were addressed. Sangbo Kim of the World Bank shared insights on fostering collaboration across regions, while Kurt Lindqvist, CEO of ICANN, highlighted the need for a shared vision in navigating differing national priorities.
Speakers advocated for a phased approach to implementation, allowing countries to progress at their own pace while drawing lessons from successful initiatives, such as those in international travel and telecommunications. The call for collaboration was echoed by Prince Bandar bin Abdullah Al-Mishari, who emphasised Saudi Arabia’s commitment to advancing global solutions.
The discussion concluded on an optimistic note. Fatma, briefly mentioned as a participant, contributed to a shared vision of digital identity as a tool for accelerating inclusion and fostering global trust. The panellists agreed that a unified approach, guided by innovation and respect for privacy, is vital to building secure and effective digital identity systems worldwide.
Warner Bros Discovery has announced a significant restructuring of its operations, separating its traditional cable TV businesses like CNN and TNT from its growing streaming platforms such as Max and Discovery+. This move is aimed at adapting to the ongoing decline in cable subscriptions while positioning itself for potential sales or industry mergers.
The company’s shares rose over 15% following the announcement, with analysts noting that the split could make its linear TV networks more attractive to buyers. The restructuring mirrors similar efforts by media giants like Comcast, which recently launched a spin-off for its cable assets. Despite this, Warner Bros Discovery’s $40 billion debt remains a challenge in attracting buyers for its cable unit.
Streaming and studio operations, now placed in a separate division, continue to show promise, with growing returns on investment. CEO David Zaslav, known for orchestrating major deals, hinted at further industry consolidation in the near future. Warner Bros Discovery’s new structure is widely seen as a proactive measure to navigate a shifting media landscape.
The Federal Deposit Insurance Corporation (FDIC) has begun directly monitoring financial technology (fintech) companies partnering with banks across the United States. New system like this one aims to enhance oversight by identifying risks associated with these partnerships before they threaten banking stability. The monitoring system also allows regulators to maintain consistent supervision, even if fintech firms change their banking partners.
The move comes amid heightened scrutiny of bank-fintech collaborations, following the collapse of Synapse Financial Technologies in April. The startup, backed by Andreessen Horowitz, had provided critical services enabling fintech firms to offer financial products via FDIC-insured banks. Its failure left thousands of users without access to their funds and brought significant regulatory attention to the sector.
In response, the FDIC has proposed strengthening bank record-keeping requirements and expanding the definition of brokered deposits to include fintech-related funds. While these rules are not expected to take effect before 2025, the new monitoring framework provides examiners with an additional tool to safeguard financial stability without waiting for legislative approval.
FDIC Chairman Martin Gruenberg, who is stepping down in January, has played a central role in developing this regulatory approach. His leadership has been pivotal in navigating the challenges posed by the evolving relationship between traditional banking and fintech startups.
Social media buzzed over the weekend as ChatGPT, the popular AI chatbot, mysteriously refused to generate the name ‘David Mayer.’ Users reported responses halting mid-sentence or error messages when attempting to input the name, sparking widespread speculation about Mayer’s identity and theories that he might have requested privacy through legal means.
OpenAI, the chatbot’s developer, attributed the issue to a system glitch. A spokesperson clarified, ‘One of our tools mistakenly flagged this name, which shouldn’t have happened. We’re working on a fix.’ The company has since resolved the glitch for ‘David Mayer,’ but other names continue to trigger errors.
Conspiracy theories emerged online, with some suggesting a link to David Mayer de Rothschild, who denied involvement, and others speculating connections to a deceased academic with ties to a security list. Experts noted the potential relevance of GDPR’s ‘right to be forgotten’ privacy rules, which allow individuals to request the removal of their data from digital platforms.
However, privacy specialists highlighted AI systems’ challenges in fully erasing personal data due to their reliance on massive datasets from public sources. While the incident has drawn attention to the complexities of AI data handling and privacy compliance, OpenAI remains tight-lipped on whether the glitch stemmed from a deletion request under GDPR guidelines. The situation underscores the tension between advancing AI capabilities and safeguarding individual privacy.
