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February 3, 2025, 10:55 PM
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memeorandum
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| 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, Axios, Roll Call, @realDonaldTrump …, New York Post, The Times, The White House, BBC, New York Times, Washington Post, The White House, Breitbart, UPI, Fox News, Australian Financial Review, CNBC, PYMNTS.com, One America News Network, RedState, Politico, The Information, The Daily Hodl, Times of India, Crypto Briefing, The News International, Watcher Guru, Daily Mail, Hollywood Life, ZeroHedge News, The Indian Express, CNN, Washington Examiner, @realDonaldTrump …, CBS News, Forbes, crypto.news, New Republic, Benzinga, Townhall, Shacknews, Coinpedia Fintech News, Yahoo Finance, and The Post Millennial
Bluesky: @brunojnavarro. X: @senlummis, @margomartin47, @salansar1, @mviser, @jacksonhinklle, @aravsrinivas, @chamath, @elonmusk, @gordongchang, @jessetinsley, @presssec, @modeledbehavior, @realalexjones, @martinshkreli, @jgarzik, @dampedspring, @cliffordasness, @cliffordasness, @vkiriak, @byheatherlong, @johnhcochrane, @pudgypenguins, @cynthiamlummis, @polymarket, @monetsupply, @theallinpod, @chamath, and @danprimack. LinkedIn: Sarah Beth Felix
| 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 …, New York Times, House Financial Services Committee, Washington Post, New Republic, Reuters, New York Times, UPI, Salon, American Banker, Forbes, U.S. House Committee …, National Law Review, NPR, Wall Street Journal, CNBC, Americans for Financial Reform, Bloomberg, Law360, Consumer Bankers Association, Politico, NBC News, Fox Business, The Block, The Hill, and Bank Automation News
Bluesky: @reporterev, @hamiltonnolan, @adambonin, @andycraig, and @tonyromm
X: @elonmusk, @repmeuser, @brendanpedersen, @financialcmte, @alexandergrieve, @consumerbankers, @helaineolen, @emptywheel, @mattgertz, @silvermanjacob, @neerajka, @jonahallon, @repgwenmoore, @groundwork, @drewchudson, @ellieckaufman, @dwallacewells, @repjayapal, @sfof_states, @senatordurbin, @econliberties, @brendanpedersen, @rickclaypool, @repcleaver, @alex_danco, @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, SiliconANGLE, @realDonaldTrump …, CTV News, Reuters, TechCrunch, Financial Times, Irish Independent, Supply Chain Dive, The Register, Observer, SpaceNews, Nairametrics, Gizmodo, Engadget, New York Daily News, Benzinga, The Guardian, New York Post, iPhone in Canada Blog, CP24, The Independent, Business Insider, PCMag, MobileSyrup, Wccftech, BetaKit, Canadian Press, Forbes, MeidasTouch News, and ZeroHedge News
Mastodon: @uxmark@mstdn.ca. X: @fordnation, @fordnation, @justintrudeau, @williamshatner, @cafreeland, @scottadamssays, @tobi, @adamscochran, @harleyf, @andrea_khanjin, @megbasham, @fordnation, @elonmusk, @colindmello, @colindmello, @kylegriffin1, @fordnation, @mhmck, @cbcqueenspark, and @jonnajarian
| Financial Times: |
The US' largest companies, like Visa, United, Amazon, Apple, and Oracle, are cutting deals with Elon Musk's businesses as he solidifies his power in government — Companies from Boeing to Amazon have sought out the world's richest man as he seeks to remake US government
More: New York Times, The Information, Australian Financial Review, Social Media Today, and Wired
Bluesky: @marypcbuk. Mastodon: @GossiTheDog@cyberplace.social. X: @digiphile. Forums: r/politics, r/politics, r/politics, and r/neoliberal
| 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, @kateconger.com, @tyleraking.com, @timmarchman, @brbarrett, and @rayosunlong
| Caleb Ecarma / Musk Watch: |
More: Techdirt, DCMediaGroup, HuffPost, New Republic, PCMag, SiliconANGLE, Slate, New York Times, New York Magazine, USA Today, Raw Story, and Mediaite
Bluesky: @molly.wiki, @rincewind.run, @jayapal.house.gov, @neal.house.gov, @calebecarma, @martinsfp, @repkevinmullin, @joshuajfriedman.com, @carbajal.house.gov, @repbarragan, @kinosminion, @nathantankus, @juddlegum, @tonytellez, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, and @juddlegum. Threads: @senadamschiff
X: @slisker, @chadpergram, @tim_walz, @mattgertz, 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, AppleInsider, Six Colors, Washington Post, Engadget, Reuters, BleepingComputer, Agence France-Presse, MobileSyrup, Philip Elmer‑DeWitt, iDownloadBlog.com, Bloomberg, Android Authority, and Gizmodo
Mastodon: @altstore@fosstodon.org, @paul@tapbots.social, @stroughtonsmith …, @myNameIsT@snailedit.social, @jsnell@zeppelin.flights, @jsnell@zeppelin.flights, @stroughtonsmith …, and @mark@tapbots.social
X: @florian4gamers, @timsweeneyepic, @mysk_co, @timsweeneyepic, @kantrowitz, @timsweeneyepic, @markgurman, @mysk_co, and @timsweeneyepic
Forums: r/apple, r/technology, r/europe, and MacRumors Forums
| FinSMEs: |
Salt Lake City-based Jump, which offers AI tools for financial advisors and other financial services providers, raised a $20M Series A led by Battery Ventures — Jum p, a Salt Lake City, UT-based provider of artificial intelligence (AI) solutions for financial advisors and other financial … | 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, Benzinga, and New York Post
X: @leehepner, @vidushi_law, @vidushi_law, @vidushi_law, @vidushi_law, @vidushi_law, @vidushi_law, and @vidushi_law. Forums: r/Android
| Kyle Wiggers / TechCrunch: |
Meta defines the types of AI systems that it deems too risky to release, including ones capable of aiding in cybersecurity, chemical, and biological attacks — Meta CEO Mark Zuckerberg has pledged to make artificial general intelligence (AGI) — which is roughly defined as AI that can accomplish … | Kelcee Griffis / Bloomberg: |
Sources: the Trump admin plans to nominate Arielle Roth, a critic of Biden's $42.5B broadband infrastructure plan, to lead the NTIA, which oversees the project — - Senate staffer Arielle Roth is said in line for Commerce post — She'll oversee Broadband Equity Access and Deployment Program
More: Broadband Breakfast
| Cristina Criddle / Financial Times: |
Anthropic details Constitutional Classifiers, a protective LLM layer designed to stop AI model jailbreaking by monitoring 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, Simon Willison's Weblog, VentureBeat, MIT Technology Review, Dark Reading, WinBuzzer, and MarkTechPost
X: @alexalbert__, @janleike, @simonw, @simonw, @anthropicai, @anthropicai, @simonw, @skirano, @anthropicai, and @anthropicai. Forums: Slashdot
| Samantha Subin / CNBC: |
Palantir reports Q4 revenue up 36% YoY to $828M, vs. $776M est., and US commercial revenue up 64% YoY; PLTR, which soared 340% in 2024, jumps 20%+ after hours — Palantir shares surged as much as 23% in extended trading on Monday after the software company reported fourth-quarter earnings … | 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, Venture Capital Journal, and CNBC
X: @ianrountree, @dadiomov, @jonsakoda, @nea, @danprimack, @nadahosking, and @kevinhartz
LinkedIn: Sanjeev Kumar, Ben Bergman, and Ian Rountree
| Umar Shakir / The Verge: |
A US district court judge denies Apple's emergency motion to halt the remedy phase of DOJ v. Google, saying that Apple hasn't demonstrated satisfactory reasons — Apple won't get to say how a Google monopoly breakup could affect its business dealings.
More: MacRumors, District Court for the District of Columbia, CourtListener, Thurrott, MLex, 9to5Mac, The Wrap, and AppleInsider
X: @jason_kint, @megangra, @jason_kint, @megangra, and @tanayj
Forums: r/apple, Slashdot, and MacRumors Forums
| 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 … Sponsor Posts
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Channels with Peter Kafka:
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