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January 23, 2025, 9:00 AM
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Top News

Dina Bass / Bloomberg:
The OpenAI-led Stargate announcement only mentioned Microsoft as a tech partner, but Microsoft is poised to benefit from the JV by offloading AI computing costs  —  - OpenAI-led venture lets Microsoft offload AI computing costs  — Software giant could still decide to invest more in future
Kyle Wiggers / TechCrunch:
Sam Altman denies Musk's Stargate claim that “they don't” have the money, adding “what is great for the country isn't always what's optimal for your companies”
M.G. Siegler / Spyglass:
A look at The Stargate Project: lots of unanswered questions, PR wins, SoftBank only has ~$30B in cash, many projects are old, and Musk trolled the announcement
Dominic Preston / The Verge:
Samsung announces the $800+ Galaxy S25 with a 6.2" screen and the $1,000+ 6.7" Galaxy S25 Plus with 12GB of RAM, a Snapdragon 8 Elite, “Qi2 Ready”, and more  —  If the Galaxy S24 series heralded the triumphant arrival of Galaxy AI, then the S25 and S25 Plus may be a bit of a comedown …
Mark Gurman / Bloomberg:
Samsung teases the Galaxy S25 Edge; an executive says Samsung aims to sell the ultra-thin phone in the US and elsewhere by the middle of 2025 for under $1,300
Sam Rutherford / Engadget:
Samsung unveils the $1,300+ Galaxy S25 Ultra with a 6.9" QHD+ AMOLED screen, up from 6.8", 50MP sensor for the ultra-wide camera, and a small S Pen downgrade
Reuters:
ByteDance launches Doubao-1.5-pro, an upgraded AI model, claiming it outperforms OpenAI's o1 in AIME benchmarks, joining DeepSeek in China's AI reasoning push  —  TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI's …
David DiMolfetta / Defense One:
Sources: the Trump admin dismissed the members of the CSRB, which investigates major cybersecurity incidents, likely disrupting the Salt Typhoon hacks probe  —  The Department of Homeland Security advisory committee was investigating a Chinese hack into U.S. telecommunications.
Ryan Browne / CNBC:
The UK CMA opens investigations into Apple's and Google's mobile ecosystems, including OSes, app stores, and browsers, to see the impact on users and businesses  —  LONDON — Britain's competition regulator on Thursday launched an investigation into Apple and Google's huge mobile ecosystems …
New York Times:
How Ross Ulbricht's allies, including crypto investors, libertarian politicians, and his mother Lyn Ulbricht, persuaded Trump to pardon the Silk Road founder  —  Libertarian and crypto allies of Ross Ulbricht, who was serving a life sentence for distributing drugs on his Silk Road website …
Abner Li / 9to5Google:
Google signs an agreement to acquire a part of the HTC VIVE engineering team in Taiwan for $250M in cash, aiming to “accelerate” Android XR development  —  To “accelerate” Android XR development, Google announced this evening that it “signed an agreement to welcome some of the HTC VIVE engineering team to Google.”
Kif Leswing / CNBC:
EA expects net bookings of $7B to $7.15B for the FY ending March 31, below guidance of $7.5B to $7.8B, citing underperforming games; EA falls 5%+  —  Electronic Arts slashed its full-year bookings guidance on Wednesday, blaming the shortfall on underperforming games, notably its soccer franchise, EA Sports FC.
Kat Tenbarge / NBC News:
Moderators for 50+ subreddits announce bans of X links in new posts and comments, with several citing Elon Musk's recent gesture that many saw as a Nazi salute  —  The cascade of link bans came after Musk made a hand gesture at a Monday rally that many compared to a Nazi salute, which many cited in their protests, among other things.
Sarah Perez / TechCrunch:
Sensor Tower: consumer spending in 2024 on AI apps like ChatGPT, Gemini, and ByteDance's Doubao grew more than 200% YoY to nearly $1.1B
Yoolim Lee / Bloomberg:
SK Hynix reports Q4 revenue up 75% YoY to a record ~$13.7B, a ~$5.6B net profit, and a ~$5.6B operating profit, in line with estimates, as HBM chip demand soars  —  - Its shares slide in Seoul after a 30% run-up this year  — Demand for high-end memory soaring on datacenter rollouts
Patrick G. Eddington / Cato Institute:
A US district judge rules that the FBI's warrantless “backdoor” searches of FISA's Section 702 databases violate the Fourth Amendment  —  Generated with ElevenLabs AI technology.  —  Sometimes when “secret law” is involved—and that is always the case with the Foreign Intelligence …
Dominic Preston / The Verge:
Google's Gemini will be the default on-device assistant for the new Galaxy S25 series, and gets the ability to work across multiple apps in a single prompt  —  Google's AI assistant Gemini is now able to carry out tasks across multiple apps in a single interaction, in an update announced today alongside …

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From Mediagazer

Ted Johnson / Deadline:
President Trump says that he will attend this year's White House Correspondents' Association dinner, marking the first time he will do so as president

Peter White / Deadline:
Banijay and RedBird IMI-owned All3Media announce a merger, creating a production giant with $8B in annual revenue, in a deal expected to close in H2

Financial Times:
Netflix co-CEO Greg Peters says he is “nervous” about severe job cuts after Paramount's WBD acquisition and “a bunch of people are going to lose their jobs”

More News

Justin Sink / Bloomberg:
In a Fox News interview, Donald Trump downplays TikTok's national security risk, saying China makes smartphones, PCs, and more and “isn't that a bigger threat?”
Muyao Shen / Bloomberg:
Vitalik Buterin and the Ethereum Foundation back Etherealize, a NYC-based startup to market Ethereum to financial firms, as ether lags behind bitcoin's gains

Earlier Picks

Manish Singh / TechCrunch:
An Indian tribunal suspends restrictions preventing WhatsApp from sharing user data with Meta for ads, temporarily lifting a five-year ban imposed by the CCI
Tim Bradshaw / Financial Times:
Neko Health, a startup co-founded by Daniel Ek that offers AI-based full-body scans, raised a $260M Series B led by Lightspeed, sources say at a $1.7B valuation
Bloomberg:
An analysis of two years of episodes by nine prominent podcasters shows how they became mainstream sources for young men and rallied support for Trump's agenda
Jennifer Maas / Variety:
Insomniac Games founder and CEO Ted Price plans to step down from the Sony-owned studio after 30+ years; a trio of Insomniac veterans will serve as co-heads
Ivan Mehta / TechCrunch:
YouTube adds experimental features for Premium users, including higher audio bitrate of up to 256kbps for music videos and faster playback on mobile
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