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Techmeme
January 15, 2025, 8:30 AM
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Top News

Nicola M White / Bloomberg:
The US SEC sues Elon Musk, claiming he failed to timely disclose a 5%+ purchase of Twitter's stock ahead of his takeover of the social media platform in 2022  —  - Agency alleges billionaire ignored disclosure deadline in 2022  — Musk's lawyer says he did ‘nothing wrong’ and SEC has no case
The Information:
Sources: TikTok plans to switch off its app in the US on January 19 unless SCOTUS blocks the ban; the law only requires app stores to stop TikTok app downloads  —  TikTok plans to shut off its app for U.S. users on Sunday, the day a federal law will ban the app, unless the Supreme Court intervenes …
Casey Newton / Platformer:
Sources and docs: Meta has dismantled its system for identifying and limiting viral hoaxes, and told content-ranking teams to stop penalizing misinformation  —  The company built effective systems to reduce the reach of fake news.  Last week, it shut them down  —  I.
Emily Nicolle / Bloomberg:
Tether plans to relocate its corporate entity and subsidiaries to El Salvador after obtaining a digital asset service provider license in the country  —  - Company and all subsidiaries will relocate to El Salvador  — Stablecoin firm incorporated in the British Virgin Islands
Sarah Perez / TechCrunch:
Decentralized Instagram alternative Pixelfed debuts iOS and Android apps; its Android app is the top Social app on Google Play in some markets, including the US  —  Pixelfed, a decentralized alternative to Instagram, has launched its official mobile apps.  The service today runs …
Sean Hollister / The Verge:
DJI removes its geofence around US “No-Fly Zones”, replacing it with a warning, saying the update “aligns” with FAA rules and follows similar changes in the EU  —  For over a decade, you couldn't easily fly a DJI drone over restricted areas in the United States.
Chris Welch / The Verge:
Email: Sonos CPO Maxime Bouvat-Merlin is leaving; some employees say he shares a significant amount of blame for the brand damage after the botched app revamp  —  A day after Sonos announced a CEO transition, the company is making more moves.  Chief product officer Maxime Bouvat-Merlin will also be leaving his position.
The Verge:
Court docs: internal messages suggest Meta used data from piracy site LibGen to train AI Llama models and worked to conceal it, as Meta raced to beat rivals  —  A major copyright lawsuit against Meta has revealed a trove of internal communications about the company's plans to develop …
Elliptic:
Huione Guarantee, a Telegram marketplace that facilitates “pig butchering” and other scams, recently launched several crypto products, including a stablecoin  —  - Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
Matthew Ball / MatthewBall.co:
An in-depth look at the state of video gaming in 2025, including why gaming soared from 2011-2021 then stalled, China's global rise, and mobile gaming growth  —  Please note, this deck is in Early Access and will release in PDF shortly.  There are two versions below based on your preference …
Steven J. Horowitz / Variety:
Drake withdraws petition accusing UMG and Spotify of inflating Kendrick Lamar's “Not Like Us” with bots and payola; the diss track accused Drake of pedophilia  —  Drake has withdrawn his petition against Spotify and Universal Music Group after accusing the entities of launching an illegal …
Bloomberg:
The Philippines' decision to supercharge its online gambling sector has been disastrous, opening the door to crimes, including money laundering, in the country  —  A casino raid in a sleepy town revealed the mayor's business connections to Singapore's $2 billion money-laundering scandal, and sparked allegations of Chinese espionage.
Reeta Raman / Rest of World:
Authorities in Singapore, which has a dire shortage of nurses, see the potential in AI tools to assist in preventive illness care, especially for the elderly  —  The country has a dire shortage of nurses, so to fill the manpower gap, it's using AI for preventive care.  —  • SINGAPORE
Forums: Hacker News
New York Times:
Brazilian nonprofit Legal Games Institute estimates betting apps draw over $23B in wagers annually, nearly 10 times the Mafia-run animal lottery in the country  —  Digital gambling could spell the end for a lottery run by criminal gangs that has been a fixture of Brazilian life for decades.
Mike Wheatley / SiliconANGLE:
Quantum Brilliance, which makes quantum computing hardware using synthetic diamond qubits that work at room temperature in any setting, raised a $20M Series A  —  Quantum Brilliance GmbH said today it's ready to begin mass production of its diamond-based quantum computers after closing on a $20 million early-stage round of funding.
Dan Primack / Axios:
Intel Capital plans to split off from its parent into a standalone fund with a new name in H2 2025; Intel Capital has invested $20B+ into over 1,800 companies  —  - It was founded in 1991, and has invested more than $20 billion into over 1,800 companies.

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From Mediagazer

Rajeev Syal / The Guardian:
A UK jury convicts two Iranians of assisting Iranian intelligence in a plan to “eliminate” journalists at London-based Persian broadcaster Iran International

Brian Steinberg / Variety:
Source: NBC News will stop airing one hour of primetime programming on the NBC News Now streaming service, eliminating the Stay Tuned show and a handful of jobs

Finya Swai / The Hill:
In an unprecedented move, Reporters Without Borders calls for impeachment of FCC Chair Brendan Carr, accusing him of politically tinged investigations and more

More News

Ingrid Lunden / TechCrunch:
Synthesia, a London-based B2B startup building products around highly realistic AI avatar technology, raised a $180M Series D led by NEA at a $2.1B valuation
CyberScoop:
Experts say Donald Trump and others pushing for stronger US cyber offense must clarify if escalation is a proper response to recent Chinese cyber breaches
Steven Vaughan-Nichols / ZDNET:
Red Hat acquires Neural Magic, which has built tools to boost generative AI inference workloads and raised $50M from a16z and others, for an undisclosed sum

Earlier Picks

Josh Russell / Courthouse News Service:
In federal court, lawyers for Microsoft and OpenAI defended the scraping of news stories to train LLMs and urged the dismissal of news outlets' copyright claims
Carly Page / TechCrunch:
The US says the FBI hacked ~4.2K devices in the US to delete PlugX, malware used by China-backed hackers since 2014, after obtaining warrants in August 2024
Kylie Robison / The Verge:
OpenAI launches Tasks, rolling out in beta to ChatGPT Plus, Team, and Pro subscribers, to let users schedule reminders, with up to ten active at any given time
Riley Griffin / Bloomberg:
Internal memo: Meta is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year
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