Samsung and LG Electronics may shift some home appliance production from Mexico to the United States, according to a South Korean news report. The potential move follows former President Donald Trump’s announcement of possible 25% tariffs on imports from Canada and Mexico, set to take effect on February 1.
Samsung is reportedly considering relocating dryer production to its South Carolina plant, while LG may move refrigerator production to its Tennessee factory, which already produces washing machines and dryers. Both companies are evaluating their operations as they adapt to market changes and trade policies.
In statements, Samsung emphasised its flexible global production strategy, while LG highlighted its commitment to adjusting production systems to meet market demands. These considerations reflect broader shifts in manufacturing strategies due to trade uncertainties.
Russian state-linked hackers, operating under the unit Star Blizzard, have launched a new phishing campaign targeting the WhatsApp accounts of government ministers and officials worldwide. According to Britain’s National Cyber Security Centre (NCSC), Star Blizzard, linked to Russia’s FSB spy agency, aims to undermine political trust in the UK and other similar nations.
Victims receive an email impersonating a US government official, inviting them to join a WhatsApp group. The email contains a QR code that, when scanned, links the victim’s WhatsApp account to an attacker-controlled device or WhatsApp Web, granting the hacker access to sensitive messages. Microsoft confirmed that this tactic allows hackers to exfiltrate data but did not specify whether data was successfully stolen.
The campaign has targeted individuals involved in diplomacy, defence, and Ukraine-related initiatives. This marks the latest attempt by Star Blizzard, which had previously targeted British MPs, universities, and journalists. Microsoft noted that while the campaign seemed to have wound down by November, the use of QR codes in phishing attacks, or ‘quishing,’ shows the hackers’ continued efforts to gain access to sensitive information.
WhatsApp, owned by Meta, emphasised that users should avoid scanning suspicious QR codes and should only link their accounts through official services. Experts also recommend verifying suspicious emails by contacting the sender directly through a known, trusted email address.
Bluesky has launched a vertical video feed, positioning itself as a competitor in the short-video space amidst uncertainty surrounding TikTok’s future in the US. This new feature is accessible via the Explore tab and allows users to scroll through trending videos by swiping up. For convenience, users can pin the feed to their home screen or add it to their list of custom feeds.
Acknowledging developers building TikTok alternatives, Bluesky highlighted emerging platforms such as ‘Tik.Blue’ and ‘Skylight.Social,’ which are currently in early development stages. These efforts align with Bluesky’s growth, as the platform has surpassed 28 million users.
Other platforms are also leveraging TikTok’s precarious situation. Elon Musk’s X recently introduced a vertical video feed, while Meta unveiled Edits, a video editing app to rival ByteDance’s CapCut. Bluesky’s latest move highlights a broader shift among social networks seeking to capture the short-video audience in the US and globally.
Social platform X has unveiled a vertical video feed for its US audience, aiming to capture users left adrift by the removal of ByteDance’s apps like TikTok and Lemon8 from US app stores. The new feature, accessible through a dedicated video tab, offers a streamlined way for users to view video content.
This update builds on existing functionality, where users could already scroll through videos by tapping them on their timeline. The video tab, however, marks the platform’s first dedicated space for short-form video. X has been increasingly focused on enhancing its video offerings, having launched a standalone TV app last year to feature content from creators and organisations.
As TikTok grapples with regulatory challenges, other platforms are seizing the opportunity. Meta recently introduced Edits, a video editing tool aimed at rivaling ByteDance’s CapCut, while Bluesky has rolled out its own vertical video feed. X’s latest move signals a strategic pivot to bolster its video presence and compete in this evolving digital landscape.
Social network X is introducing a dedicated vertical video feed for users, aiming to capitalise on the removal of ByteDance apps like TikTok and Lemon8 from US app stores. The new video tab, added to the app’s bottom bar, provides users quick access to immersive video content.
X users could scroll through short videos by tapping them in their timeline, but the new tab creates a dedicated space for videos. This marks the platform’s latest effort to enhance video experiences, following the launch of a standalone TV app last year to showcase content from creators and organisations.
As TikTok’s future in the US remains uncertain, other social networks are seizing the opportunity. Meta recently announced a video editing app, Edits, to rival ByteDance’s CapCut, while Bluesky introduced a custom feed for vertical videos, further intensifying competition in the short video market.
A major data breach involving telecom provider AT&T has compromised sensitive information about FBI agents’ call and text logs. The incident, which occurred last year, exposed phone numbers and contact details, though not the content of communications. FBI officials warn that the breach may risk revealing the identities of confidential informants.
AT&T reported in July that hackers had stolen records linked to 109 million customer accounts. Among the stolen data were months of FBI call logs, potentially connecting agents to their sources. While AT&T claims to have collaborated with law enforcement to mitigate the damage, the FBI continues to prioritise protecting its informants.
The breach has reignited concerns about cyber-espionage targeting US telecom networks. Earlier this month, the US national security adviser highlighted ongoing threats from Chinese-linked cyber operations. Although telecom firms, including AT&T and Verizon, say their systems are now secure, the incident underscores the persistent risks posed by sophisticated hackers.
Two technology trade groups have filed a lawsuit against the US Consumer Financial Protection Bureau (CFPB), aiming to block a rule granting the agency oversight of payment apps and digital wallets offered by large non-bank companies. The rule, announced in November, targets companies handling over 50 million transactions annually, including platforms like Apple Wallet, Google Pay, and Venmo.
The groups, NetChoice and TechNet, argue the rule is an overreach of the US CFPB’s authority, claiming it stifles innovation and increases costs. They assert that the bureau failed to identify specific consumer risks justifying such oversight. CFPB Director Rohit Chopra, however, defended the measure, saying it ensures users of digital payments receive the same protections against fraud and privacy violations as traditional banking customers.
The lawsuit raises concerns about the potential impact on competition and innovation within the digital payments sector. With uncertainty over whether the incoming Republican administration will seek to modify or repeal the rule, the legal challenge underscores ongoing tensions between regulators and the tech industry.
Seven Indian startups have been selected for a groundbreaking India-US space and defence collaboration program, opening doors to the world’s largest defence and space market. The program, launched in September 2024 by Indian investor Indusbridge Ventures and US-based FedTech, focuses on defence and dual-use technologies. Among the selected companies are space imaging firm KaleidEO, rocket manufacturer EtherealX, and AI-driven Shyam VNL, all of which will explore opportunities with US agencies like the Defense Innovation Unit and the Department of Defense.
The initiative offers Indian startups access to resources, mentorship, and collaborations with US industry leaders such as Northrop Grumman, Lockheed Martin, and RTX. According to sources, these partnerships could provide a competitive advantage in the $1.5 billion annual market for niche technologies and potentially generate revenues between $500 million and $1 billion annually. Discussions are already underway on specific projects, although details remain under wraps.
This development aligns with recent diplomatic efforts to strengthen India-US ties in defence and space technology. Indian National Security Advisor Ajit Doval and US counterpart Jake Sullivan recently met in New Delhi to discuss enhancing collaboration between the US Defense Innovation Unit and India’s Innovations for Defense Excellence. The program is a significant step toward fostering innovation and boosting private-sector cooperation between the two nations in strategic sectors.
Taiwan Semiconductor Manufacturing Co (TSMC) is facing significant challenges in bringing its most advanced chip technology to its new Arizona plant, the company’s CEO, C.C. Wei, said. Complex regulatory hurdles, labour shortages, and supply chain gaps have slowed progress, making it unlikely for the US factory to match Taiwan’s production timeline for cutting-edge chips. Wei noted that the Arizona project has already taken twice as long as similar facilities in Taiwan.
TSMC is investing $65 billion in three massive factories in Arizona, with support from the US government, including a $6.6 billion grant. However, Wei highlighted the high costs of compliance, including $35 million spent on establishing regulatory guidelines, as well as the logistical strain of shipping essential chemicals like sulfuric acid from Taiwan. Labour shortages have further complicated the project, requiring the relocation of workers from Texas and driving up costs.
Despite the obstacles, Wei expressed confidence in the factory’s ability to deliver high-quality chips, pointing to recent progress in producing advanced 4-nanometer chips for US clients. While most of TSMC’s cutting-edge manufacturing will remain in Taiwan, the Arizona plant marks a critical step in the US’s effort to diversify its semiconductor supply chain and reduce dependence on Asia.
The incoming Trump administration is set to shape the future of cryptocurrency and blockchain technology in the United States with a wave of key appointments and nominations. As President-elect Donald Trump prepares to take office, crypto advocates are hopeful that the new leadership will take a friendlier stance toward the industry, marking a departure from years of lawsuits and enforcement actions.
Among the prominent appointees, billionaire hedge fund manager Scott Bessent, slated to be Treasury Secretary, has voiced strong support for crypto, calling it “about freedom.” Commerce Secretary nominee Howard Lutnick, who leads Cantor Fitzgerald, is an active bitcoin proponent, while Elon Musk, heading the new Department of Government Efficiency (DOGE), has a well-documented history of championing cryptocurrencies like bitcoin and dogecoin. Vivek Ramaswamy, a former presidential candidate, will work alongside Musk at DOGE, with a focus on integrating bitcoin into broader investment portfolios.
David Sacks, a former PayPal executive and crypto investor, was named the administration’s AI and crypto czar, tasked with creating a long-sought legal framework for digital assets. Vice President-elect J.D. Vance and members of the Trump family, including Eric Trump, Donald Trump Jr., and Barron Trump, have also signalled strong support for cryptocurrency, further solidifying the administration’s pro-crypto stance. With SEC Chair nominee Paul Atkins advocating for deregulation, the industry is optimistic about a more innovation-friendly approach.
The Trump administration’s apparent focus on fostering a robust US crypto industry has already garnered attention, including a sold-out crypto-themed ball in Washington. While critics voice concerns about conflicts of interest and regulatory gaps, supporters believe these appointments could position the US as a global leader in cryptocurrency and blockchain technology.
