| Washington Post: |
Sources: Donald Trump is considering issuing an executive order once in office that would suspend enforcement of the TikTok sale-or-ban law for 60 to 90 days — Trump, the infamous dealmaker, is exploring unconventional ways to rescue the Chinese-owned video app from a nationwide ban … | NBC News: |
An official says the Biden administration is “exploring options” to implement the law without causing TikTok to go dark for US users on January 19 — Barring action by the Supreme Court, a ban in the U.S. on the popular app is set to begin on Sunday.| New York Times: |
Sources: TikTok CEO Shou Chew plans to attend Trump's inauguration after being invited to sit on the dais, joining Mark Zuckerberg and Elon Musk at the event — Shou Chew will join tech moguls like Jeff Bezos, Mark Zuckerberg and Elon Musk at President-elect Donald J. Trump's inauguration as the fate of the app hangs in the balance.| Mackenzie Hawkins / Bloomberg: |
The US unveils new rules calling for TSMC, Samsung, and other chip producers to step up their scrutiny and due diligence of customers, especially Chinese firms — - Measures also impose sanctions on 16 Chinese entities — Biden has issued a raft of China regulations in his last week| Karen Freifeld / Reuters: |
The US Commerce Department adds 25 China-based companies, including Alibaba-backed LLM developer Zhipu AI and chip designer Sophgo, to its restricted trade list — The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI … | Kyle Wiggers / TechCrunch: |
AI researcher François Chollet and Zapier co-founder Mike Knoop launch Ndea, an AI research and science lab focused on “developing and operationalizing AGI” — François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs.| Daniel Kuhn / The Block: |
BitMEX is fined an additional $100M for US Bank Secrecy Act violations between 2015 and 2020; it pleaded guilty in July 2024 and previously agreed to pay $110M — - BitMEX has been slapped with an additional $100 million fine for Bank Secrecy Act violations between 2015 and 2020.| Bloomberg: |
Sources: Nothing seeks to raise at least $100M in its Series C; it crossed $1B in lifetime sales, sold 7M devices to date, and doubled revenue to $500M+ in 2024 — - Nothing CEO Pei known for co-founding popular OnePlus brand — Startup exploring expansion beyond phones, watches and earbuds| Lindsay Whitehurst / Associated Press: |
During oral arguments, SCOTUS seemed open to a Texas law requiring age checks to view online porn, but could send the case back to a lower court — The Supreme Court on Wednesday seemed open to a Texas law aimed at blocking kids from seeing online pornography, though the justices could still send … | Pete Schroeder / Reuters: |
Block agrees to pay $80M to a group of 48 US state financial regulators that say it had insufficient policies for policing money laundering through Cash App — Block Inc (SQ.N) has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined … | Manish Singh / TechCrunch: |
Amazon acquires Indian BNPL startup Axio for an undisclosed sum; Axio raised $232M in equity and debt, claims 10M+ customers, and a loan book exceeding $260M — Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services … | Jesse Coghlan / Cointelegraph: |
DappRadar: NFT trading volumes in 2024 fell 19% YoY to $13.7B and sales counts fell 18% YoY to just under 50M, making 2024 the worst performing year since 2020 — DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024.| Rishi Kant / Reuters: |
| Jaffer Zaidi / The Keyword: |
Google says it has partnered with the AP to deliver a feed of real-time information to enhance the usefulness of results displayed in the Gemini app — The AP will now deliver a feed of real-time information to help enhance the usefulness of results displayed in the Gemini app.| Bloomberg: |
India has deployed AI and other tech at the Maha Kumbh Mela in Prayagraj to ensure the safety of ~450M pilgrims and trace missing people during the festival — India has deployed some of the world's newest digital technologies to solve one of the oldest problems at the world's largest human gathering.| Semafor: |
Sources: Satya Nadella and Brad Smith had lunch with Trump, Vance, and Musk at Mar-a-Lago on January 15; Microsoft says its two execs had a “Productive meeting” — THE SCOOP — President-elect Donald Trump and his running mate JD Vance had lunch with Microsoft CEO Satya Nadella Wednesday … | Jane Lanhee Lee / Bloomberg: |
TSMC reports Q4 sales up 38.8% YoY to ~$26.38B, net income up 57% YoY to ~$11.4B, both above estimates; stock jumped 80%+ in 2024, its biggest gain since 1999 — - Revenue, capex projections surpass analysts' estimates — TSMC is one of the biggest beneficiaries of the AI boom| Reuters: |
The FTC sues John Deere, alleging it illegally drove up repair costs by making its software repair tool available only to its authorized dealers — The U.S. Federal Trade Commission on Wednesday sued farm equipment maker Deere (DE.N), alleging it illegally drives up repair costs by forcing farmers …
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| Omkar Godbole / CoinDesk: |
| Kate Knibbs / Wired: |
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| Kashmir Hill / New York Times: |
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| Ingrid Lunden / TechCrunch: |
| Abner Li / 9to5Google: |
| Tom Warren / The Verge: |
| Sara Fischer / Axios: |
| Bradley Hope / Wired: |
| Emily Nicolle / Bloomberg: |