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January 14, 2025, 3:40 AM
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Bloomberg:
Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together  —  - ByteDance's preferred strategy is to fight ban, sources say  — Trump has said he would like to delay ban to seek resolution
Todd Spangler / Variety:
TikTok denies a report that China is looking at potentially facilitating a sale of the app to Elon Musk, calling it “pure fiction”  —  TikTok denied a report that China is looking at potentially facilitating a sale of the app to tech billionaire Elon Musk to keep TikTok operational …
Zeyi Yang / Wired:
Ahead of a likely US TikTok ban, users flee to Chinese apps Xiaohongshu, aka RedNote, and ByteDance's Lemon8, currently the top two apps in the US App Store  —  Some say they joined Xiaohongshu, which translates to “little red book,” to spite the US government after a ban on TikTok became more likely.
Kashmir Hill / New York Times:
Texas sues Allstate and its subsidiary Arity, accusing the insurer of illegally collecting and selling data about people's driving behavior through mobile apps  —  The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps …
Richard Nieva / Forbes:
Jimmy Wales, Mark Ruffalo, others debut Free Our Feeds to raise $30M by 2028 to “billionaire-proof” AT Protocol, by making it easier for users to leave Bluesky  —  Free Our Feeds, which includes support from the Mozilla Foundation, is working with Bluesky to make sure …
Niket Nishant / Reuters:
Sygnum, a Switzerland and Singapore-based digital asset bank and crypto trading platform, raised $58M led by Fulgur Ventures at a $1B valuation  —  Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday.
Financial Times:
The Biden admin unveils a new chip export rule that gives 18 key allies full AI chips access while requiring licenses from most other countries, including China  —  US semiconductor industry warns move will aid competitors  —  The US is imposing expansive export controls on chips used …
Associated Press:
Under a new Biden rule, countries with caps on AI compute are restricted to buying 50K advanced GPUs, which could grow to 100K in deals with the US government
Will Knight / Wired:
The US' new chip export rule enters a 120-day consultation period, requiring the Trump admin to listen to input, perhaps modify the rule, and then enforce it
Reuters:
Nvidia criticizes the Biden admin's new chip export rule, saying the regulation would “undermine” the US' AI leadership and “weaken” its global competitiveness
Todd Bishop / GeekWire:
Microsoft is creating a new “CoreAI - Platform and Tools” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering executive who joined in October 2024  —  Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta) …
Taylor Soper / GeekWire:
Bellevue, WA-based Truveta, which aggregates medical data from 30 partner institutions, raised $320M from Regeneron, Illumina, and others at a $1B+ valuation  —  Seattle-area health data company Truveta announced $320 million in fresh funding and an ambitious new initiative to create a giant genomic dataset.
Leena Rao / Business Insider:
Chainalysis buys AI-agent security startup Alterya, sources say for ~$150M; Alterya is still in stealth mode but has clients including Coinbase, Square, Binance  —  - Chainalysis has acquired Alterya, a fraud-detection startup, for $150 million.  — Founded in 2022, Alterya uses AI to detect scams for financial and crypto firms.
Washington Post:
An investigation finds 15 police departments across 12 US states have arrested suspects identified through facial recognition without having any other evidence  —  Confident in unproven facial recognition technology, sometimes investigators skip steps; at least eight Americans have been wrongfully arrested.
More: Biometric Update.  Bluesky: @joffirphd, @drewharwell.com, and @hypervisible.  X: @glynco.  LinkedIn: Douglas MacMillan.  Forums: r/technology
Dan Mangan / CNBC:
The SEC says that two Robinhood broker-dealers agreed to pay $45M in combined penalties to settle charges that they violated over 10 securities law provisions  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices
Financial Times:
Amazon's AGI lead Rohit Prasad says Alexa will relaunch as an AI agent as Amazon works to address challenges in the system's AI overhaul  —  Rollout of upgraded voice assistant hit by delays as Big Tech group toils to overcome technical hurdles  —  Amazon is gearing up to relaunch …
Lauly Li / Nikkei Asia:
Sources: China tightens scrutiny of Apple and other US tech firms' exports under its dual-use export controls, slowing production expansion in SE Asia and India  —  TAIPEI — China is increasing its scrutiny of exports by Apple and other American tech companies, hampering their efforts …

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This is a Techmeme archive page. It shows how the site appeared at 3:40 AM ET, January 14, 2025.

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From Mediagazer

Karissa Waddick / USA Today:
After Trump said some publications wanted the US to “lose the War”, FCC's Carr threatened broadcasters, saying they can lose their license over war coverage

New York Times:
Sources: Jeff Bezos said “I don't care” after being told that WaPo could lose subs due to Opinion changes; 60K+ canceled their subs in Feb. following layoffs

Lukas I. Alpert / MarketWatch:
How BuzzFeed went from a $1.7B digital-media darling in 2016 to the brink of bankruptcy, as an early investor blames mismanagement following a 2021 SPAC merger

More News

Earlier Picks

Jonathan Stempel / Reuters:
SCOTUS declines to hear Meta's bid to avoid a class action by advertisers that accused the company of overcharging them by inflating their potential ad reach
New York Times:
Sources detail DOGE, which is likely to work as more of a brand linked by Signal group chats coordinating US policy or personnel recommendations and recruitment
Dominic Preston / The Verge:
Mastodon CEO Eugen Rochko plans to transfer Mastodon's ownership to a new non-profit, saying “Mastodon should not be owned or controlled by a single individual”
Mark Gurman / Bloomberg:
Sonos CEO Patrick Spence is leaving following a botched app revamp that upset customers and stymied growth; Sonos names board member Tom Conrad as interim CEO
New York Times:
OpenAI publishes a “economic blueprint” for “AI in America”, calling on the new Trump admin to spur investment from the Middle East and avoid strict regulations
Mediagazer memeorandum WeSmirch
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