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February 3, 2025, 8:55 PM
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memeorandum
WeSmirchTop News
| Bloomberg: |
Donald Trump signs an executive action to direct officials to create a US sovereign wealth fund and says that it could be used to facilitate a sale of TikTok US — - Fund could be used as US facilitates TikTok sale, Lutnick says — Bessent says fund will be created in the next 12 months
More: Reuters, CNN, The White House, Washington Post, The Times, BBC, USA Today, The White House, Breitbart, New York Times, Axios, Inc, UPI, IJR, New York Post, Australian Financial Review, Fox News, Washington Examiner, New Republic, The Information, RedState, Townhall, Politico, Benzinga, CNBC, PYMNTS.com, One America News Network, The Daily Hodl, Times of India, Crypto Briefing, The News International, Watcher Guru, Daily Mail, Hollywood Life, ZeroHedge News, The Indian Express, CBS News, Forbes, crypto.news, Shacknews, and Coinpedia Fintech News
Bluesky: @brunojnavarro. X: @mviser, @jacksonhinklle, @aravsrinivas, @chamath, @elonmusk, @gordongchang, @jessetinsley, @theallinpod, @chamath, @realalexjones, @polymarket, @modeledbehavior, @cynthiamlummis, @dampedspring, @pudgypenguins, @byheatherlong, @jgarzik, @cliffordasness, @vkiriak, @johnhcochrane, @monetsupply, @cliffordasness, @martinshkreli, @senlummis, @presssec, and @danprimack
Forums: r/neoliberal, r/technology, r/inthenews, r/LibertarianUncensored, and r/unusual_whales
| Evan Weinberger / Bloomberg Law: |
US Treasury Secretary Scott Bessent orders the CFPB to stop activities, like rulemaking, communications, and litigation; in November, Musk said to “Delete CFPB” — Search by Topic — Treasury Secretary Scott Bessent has shut down a wide variety of operations inside …
More: Consumer Financial …, Bank Automation News, New York Times, Americans for Financial Reform, House Financial Services Committee, Washington Post, New Republic, American Banker, New York Times, Forbes, Reuters, UPI, Salon, CNBC, Politico, NBC News, U.S. House Committee …, National Law Review, NPR, Wall Street Journal, The Hill, Bloomberg, Law360, Consumer Bankers Association, Fox Business, and The Block
Bluesky: @hamiltonnolan, @reporterev, @adambonin, @andycraig, and @tonyromm
X: @elonmusk, @alex_danco, @repmeuser, @brendanpedersen, @financialcmte, @alexandergrieve, @consumerbankers, @helaineolen, @emptywheel, @mattgertz, @silvermanjacob, @neerajka, @jonahallon, @repgwenmoore, @groundwork, @drewchudson, @ellieckaufman, @dwallacewells, @repjayapal, @sfof_states, @senatordurbin, @econliberties, @brendanpedersen, @rickclaypool, @repcleaver, @nhegde, @gardnerakayla, @iamdcinvestor, @josheidelson, @cmseeberger, @moreperfectus, @reichlinmelnick, @jchervinsky, @maxfieldonbanks, @reploudermilk, and @krystalball. LinkedIn: Evan Weinberger
Forums: r/politics and r/politics
| CBC News: |
Ontario Premier Doug Ford pauses retaliatory measures like “ripping up” the province's CA$100M Starlink contract, after Donald Trump delays US tariffs on Canada — Retaliatory measures included ‘ripping up’ Starlink contract, taking American booze of LCBO shelves
More: Associated Press, @realDonaldTrump …, CTV News, Reuters, Financial Times, TechCrunch, MarketWatch, SpaceNews, The Independent, Daily Kos, Supply Chain Dive, BetaKit, The Register, CBS News, MobileSyrup, Observer, Canadian Press, Business Insider, Nairametrics, PCMag, Gizmodo, Forbes, Engadget, ZeroHedge News, New York Daily News, Benzinga, The Guardian, MeidasTouch News, New York Post, iPhone in Canada Blog, Daily Sabah, Wccftech, CP24, and Bloomberg
Mastodon: @uxmark@mstdn.ca. X: @fordnation, @fordnation, @justintrudeau, @williamshatner, @cafreeland, @scottadamssays, @tobi, @adamscochran, @harleyf, @andrea_khanjin, @megbasham, @fordnation, @colindmello, @colindmello, @kylegriffin1, @fordnation, @elonmusk, @mhmck, @cbcqueenspark, and @jonnajarian
| Financial Times: |
More: The Information, Social Media Today, and Wired
| Makena Kelly / Wired: |
Sources: Thomas Shedd, GSA's new Technology Transformation Services director and Elon Musk ally, told GSA workers the agency will pursue an “AI-first strategy” — Sources say the former Tesla engineer now in charge of the Technology Transformation Services wants an agency that operates like a “startup software company.”
More: New York Times and Nextgov/FCW
Bluesky: @lizthegrey.com, @tyleraking.com, @brbarrett, @timmarchman, @kateconger.com, and @rayosunlong
| Musk Watch: |
More: The Atlantic, Techdirt, DCMediaGroup, PCMag, New Republic, SiliconANGLE, HuffPost, New York Times, Slate, New York Magazine, Mediaite, USA Today, and Raw Story
Bluesky: @rincewind.run, @calebecarma, @martinsfp, @joshuajfriedman.com, @molly.wiki, @kinosminion, @nathantankus, @juddlegum, @tonytellez, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, and @juddlegum. Threads: @senadamschiff
X: @mattgertz, @tim_walz, @slisker, @chadpergram, and @victorshi2020
| Sarah Perez / TechCrunch: |
The first ever native iPhone porn app, Hot Tub, arrives in the EU via the alternative app store AltStore PAL, which was made possible by the DMA — A native pornography app for iOS is coming to the EU via the approved alternative app store AltStore PAL, made possible by Europe's Digital Markets Act (DMA).
More: The Verge, MacRumors, Six Colors, Washington Post, Engadget, Reuters, BleepingComputer, Bloomberg, Android Authority, MobileSyrup, Philip Elmer‑DeWitt, Gizmodo, and iDownloadBlog.com
Mastodon: @altstore@fosstodon.org. X: @timsweeneyepic, @mysk_co, @mysk_co, @timsweeneyepic, @kantrowitz, @timsweeneyepic, @markgurman, and @timsweeneyepic
Forums: r/technology, r/apple, r/europe, and MacRumors Forums
| Brody Ford / Bloomberg: |
Source: Salesforce is cutting 1,000+ roles and will allow displaced workers to apply for other jobs internally; Salesforce had ~73,000 workers as of Jan. 2024 — - Many affected employees will be able to apply for other jobs — Amazon, Microsoft and Meta also trimming roles to start 2025| Ben Bergman / Business Insider: |
Dick Kramlich, who co-founded NEA in 1977, died on February 1 at age 89; he was an early investor in Apple and led investments in Juniper Networks and others — - Richard “Dick” Kramlich made one of the earliest investments in Apple. — He cofounded NEA in 1977, which now has nearly $26 billion in assets under management.
More: NEA, CNBC, and Venture Capital Journal
X: @dadiomov, @danprimack, @jonsakoda, @nea, @nadahosking, and @kevinhartz
LinkedIn: Sanjeev Kumar, Ben Bergman, and Ian Rountree
| Adrian Pennington / StreamTV Insider: |
Ampere Analysis: the US streaming market will reach $17B in advertising revenue in 2025; 24% of US-based Netflix subscribers are on the Standard with Ads tier — Ampere Analysis monetization ad-supported video Netflix — The U.S streaming market will approach $17 billion in advertising revenue … | Ben Smith / Semafor: |
Adam Candeub, a Big Tech critic and architect of Trump's first term effort to revoke Section 230 protections for social media, will be the FCC's general counsel — The Scoop — A leading critic of Big Tech will take the top legal position at a key agency that could target Google, Meta, and their rivals.| Bloomberg: |
A US appeals court panel appeared skeptical of Google's bid to overturn a 2023 jury verdict that declared the Play Store an illegal monopoly in the Epic case — - Jury ruled Google violated antitrust law by restricting apps — Google argues case shouldn't have been decided by jury
More: Associated Press and New York Post
| Andrew Orr / AppleInsider: |
Counterpoint: iPhone 15 led global smartphone sales in 2024, followed by iPhone 15 Pro Max, iPhone 15 Pro, Galaxy A15 5G; global smartphone revenue grew 5% YoY — Apple's iPhone 15 led global sales in 2024, with Pro models close behind, as premium device demand drove a revenue rebound.
More: Canalys, Counterpoint Research, Counterpoint Research, Moneycontrol, Android Police, PhoneArena, Philip Elmer‑DeWitt, GSMArena.com, Phandroid, Android Authority, Android Headlines, Fortune India, Smartprix, Omdia, Cult of Mac, CNBC-TV18, 9to5Google, The National, Patently Apple, and Wccftech
X: @canalys, @counterpointtr, and @counterpointtr
| Cristina Criddle / Financial Times: |
Anthropic details Constitutional Classifiers, a system that aims to guard AI models against jailbreaks, monitoring both inputs and outputs for harmful content — Leading tech groups including Microsoft and Meta also invest in similar safety systems — Artificial intelligence start …
More: Anthropic, Ars Technica, VentureBeat, Simon Willison's Weblog, MIT Technology Review, Dark Reading, WinBuzzer, and MarkTechPost
X: @simonw, @simonw, @simonw, @anthropicai, @skirano, @alexalbert__, @janleike, @anthropicai, @anthropicai, and @anthropicai. Forums: Slashdot
| Ethan Mollick / One Useful Thing: |
OpenAI's Deep Research hands-on: very good at nuanced, complex research, and the first narrow agent to do sophisticated and likely economically valuable work — The first narrow agents are here — A hint to the future arrived quietly over the weekend. For a long time …
More: Gizmodo. X: @emollick, @aravsrinivas, @kimmonismus, @bobmcgrewai, @polynoamial, @mckaywrigley, @dharmesh, @reidhoffman, @blader, @afinetheorem, and @emollick
| Anthony Ha / TechCrunch: |
More: OpenAI, The Economic Times, PYMNTS.com, Platformer, The Verge, New York Times, Computerworld, Futurism, Constellation Research, Mashable, VentureBeat, RetailWire, Ghacks, AI News, Entrepreneur, PCMag, The Register, How-To Geek, Dror Poleg, ZDNET, Wccftech, Business Insider, Engadget, and Axios
Threads: @parkerortolani. X: @sama, @danhendrycks, @sama, @danshipper, @gdb, @sama, @gergelyorosz, @afinetheorem, @miles_brundage, @hxiao, @openai, @aarushselvan, @millionint, @aesoperator, @tsarnick, @thestalwart, @parth_laxmikant, @reidhoffman, @alexandr_wang, @openai, @openai, @danshipper, @willdepue, @emollick, @emollick, @kevinroose, @sama, @felipe_millon, @_jasonwei, @shaunralston, @edwardsun0909, @deryatr_, @liamfedus, @sama, @deryatr_, @sama, @sama, and @sama
Forums: Hacker News, r/biotech, r/OpenAI, r/LocalLLaMA, r/ChatGPT, r/mlscaling, r/singularity, r/singularity, r/consulting, r/OpenAI, and r/singularity
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