| Oliver Darcy / Status: |
Q&A with The Verge EIC Nilay Patel on a likely FCC Chair Brendan Carr, Elon Musk's alliance with Donald Trump and how it threatens the First Amendment, and more — “All of these men are now hopelessly trapped in a problem their own platforms and algorithms created.”| Bloomberg: |
Trump names FCC Commissioner Brendan Carr as FCC chair; Carr floated limiting Section 230 and says the FCC has “an important role to play reining in Big Tech” — - Senior Republican on panel seeks to rein in tech, backs Musk — Carr wrote a chapter of Project 2025 on the FCC's priorities| Bloomberg: |
MicroStrategy bought ~51,780 bitcoin for ~$4.6B between November 11 and November 17, its largest purchase since starting in 2020, and now holds $29B+ in bitcoin — - Firm announced a $21 billion equity sale plan last month — Sold 13.6 million shares in past week to fund Bitcoin purchase| New York Times: |
How Substack is betting on politics content and recruiting stars like Nate Silver, as profits remain elusive; sources: Elon Musk sought to buy it in April 2023 — The newsletter start-up, which once drew an overture from Elon Musk, is betting on politics content and recruiting stars.| Pew Research Center: |
News influencers survey: 20% of US adults say they get news from social media influencers, 85% of influencers are on X and 27% identify as right-wing, and more — The creators and consumers in the world of news and information on social media — Table of Contents Table of Contents| Sarah E. Needleman / Wall Street Journal: |
Roblox debuts new parental controls and gatekeeping features, like letting parents link accounts to a child's and banning text chat for under 13s outside games — Videogame company has denied the allegations and says the new protections were planned before a short seller's report| Bloomberg: |
How Wall Street is preparing to cash in on AI hysteria; analysis: delivering on AI's promise will require $1T+ for data centers, electricity, and comms networks — Finance's biggest names are ready to gatecrash the artificial-intelligence party. — At a dinner hosted by some of Morgan … | Manish Singh / TechCrunch: |
India fines Meta ~$25M and imposes new data rules, over antitrust issues from 2021 when it removed a way to opt out of sharing WhatsApp data with Meta companies — India's competition watchdog has ordered WhatsApp to stop sharing user data with other Meta units for advertising purposes … | Parmy Olson / Bloomberg: |
Tim Berners-Lee's Inrupt trials its digital wallet in Belgium to let 7M citizens receive social services and share data with businesses, as he worries about AI — The inventor of the World Wide Web is on a laudable mission to give everyone control of their online data. He's fighting an uphill battle.| Reuters: |
Sources and ads: Foxconn tells recruiters that help hire iPhone assembly workers in India to remove age, gender, and marital criteria and its name from job ads — Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove age … | Anna Irrera / Bloomberg: |
Goldman Sachs says it is reaching out to potential partners about plans to spin out its digital-assets platform within 12 to 18 months — - The bank is looking to create separate industry-owned company — Tech allows firms to issue and settle assets on the blockchain| Bloomberg: |
Sources: Trump's transition team is looking for candidates to lead the US Department of Transportation and develop a framework to regulate autonomous vehicles — - Policy leaders are being pursued for key Musk priority — Tesla CEO, named to efficiency role, plans push on robotaxis
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