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February 4, 2025, 4:25 AM
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WeSmirchTop News
| 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, National Law Review, New Republic, Americans for Financial Reform, NBC New York, American Banker, New York Times, Law360, Forbes, Consumer Bankers Association, Reuters, UPI, Salon, Politico, NBC News, U.S. House Committee …, Bank Automation News, NPR, Bloomberg, Wall Street Journal, Fox Business, The Block, and The Hill
Bluesky: @hamiltonnolan, @andycraig, @adambonin, @reporterev, @reporterev, and @tonyromm
X: @paulg, @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
| 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: |
An OPM staffer believes that a server Elon Musk's associates installed, with access to federal staff info like SSNs, has not had a Privacy Impact Assessment — Several of Elon Musk's associates installed at the Office of Personnel Management (OPM) have received unprecedented access …
More: Wired, Techdirt, New Republic, HuffPost, DCMediaGroup, PCMag, Slate, New York Magazine, SiliconANGLE, Mediaite, and New York Times
Bluesky: @rincewind.run, @jayapal.house.gov, @jljacobson, @joshuajfriedman.com, @wired.com, @repbarragan, @kinosminion, @martinsfp, @molly.wiki, @carbajal.house.gov, @repkevinmullin, @neal.house.gov, @calebecarma, @nathantankus, @juddlegum, @tonytellez, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, and @juddlegum. Threads: @senadamschiff
X: @canderaid, @hackingbutlegal, @juddlegum, @josephpatrice, @sarah_micheleg, @juddlegum, @stealthygeek, @bakari_sellers, @tnoquoproquid, @slisker, @calebecarma, @chadpergram, @tim_walz, @mattgertz, and @victorshi2020
Forums: r/economicCollapse, r/Futurism, r/the_everything_bubble, r/Foodforthought, r/politics, r/AnythingGoesNews, r/uspolitics, r/feddiscussion, r/usajobs, r/politics, r/politics, r/solarpunk, r/Political_Revolution, r/IronFrontUSA, r/antiwork, r/TheSecondTerm, r/behindthebastards, r/inthenews, and r/washingtondc
| 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, The White House, Agence France-Presse, PhoneArena, Mashable, Daily Sabah, en.ain.ua, Blockhead, CNBC, The Independent, Washington Post, Bitcoinist.com, MEDIANAMA, Axios, //www.investmentweek.co.uk/, CryptoPotato, The Guardian, Sydney Morning Herald, The Times, DNyuz, The White House, Australian Financial Review, Breitbart, BBC, Roll Call, UPI, Fox News, Hollywood Life, @realDonaldTrump …, Washington Examiner, Washington Post, Shacknews, Crypto Briefing, CNN, New York Post, One America News Network, New Republic, Los Angeles Times, RedState, Townhall, Politico, The News International, Benzinga, The Information, PYMNTS.com, Forbes, Daily Mail, crypto.news, MediaPost, UNILAD, Yahoo Finance, and @realDonaldTrump …
Bluesky: @brunojnavarro. X: @senlummis, @chamath, @elonmusk, @presssec, @modeledbehavior, @realalexjones, @martinshkreli, @mviser, @jacksonhinklle, @jgarzik, @dampedspring, @cliffordasness, @cliffordasness, @margomartin47, @vkiriak, @byheatherlong, @johnhcochrane, @salansar1, @gordongchang, @pudgypenguins, @aravsrinivas, @cynthiamlummis, @polymarket, @jessetinsley, @monetsupply, @theallinpod, @chamath, and @danprimack. LinkedIn: Sarah Beth Felix
| 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: @realDonaldTrump …, Associated Press, CTV News, Reuters, Financial Times, UPI, TechCrunch, Irish Independent, DNyuz, SpaceNews, SiliconANGLE, The Independent, Nairametrics, Observer, The Register, Canadian Press, CP24, Benzinga, Business Insider, The Guardian, Engadget, and Washington Post
Mastodon: @uxmark@mstdn.ca. X: @fordnation, @justintrudeau, @fordnation, @elonmusk, @kylegriffin1, @williamshatner, @mhmck, @harleyf, @fordnation, @andrea_khanjin, @cafreeland, @cbcqueenspark, @megbasham, @scottadamssays, @colindmello, @jonnajarian, @fordnation, @colindmello, @tobi, and @adamscochran
| Financial Times: |
More: New York Times, The Information, Australian Financial Review, Social Media Today, and Wired
Forums: r/politics, r/politics, r/politics, r/politics, r/politics, and r/neoliberal
| 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: Proactive, Associated Press, and Benzinga
X: @vidushi_law, @leehepner, @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 … | Sarah Perez / TechCrunch: |
Hot Tub, the first ever native iPhone porn app, arrives in the EU via alternative store AltStore PAL, which the DMA made possible; Apple is “deeply concerned” — 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, 9to5Mac, Six Colors, Business Standard, Digit, Hindustan Times, Livemint, Moneycontrol, MobileSyrup, AppleInsider, Engadget, BleepingComputer, Philip Elmer‑DeWitt, Agence France-Presse, Washington Post, Bloomberg, Android Authority, iDownloadBlog.com, and Gizmodo
Mastodon: @paul@tapbots.social, @myNameIsT@snailedit.social, @jsnell@zeppelin.flights, @jsnell@zeppelin.flights, @stroughtonsmith …, @stroughtonsmith …, @altstore@fosstodon.org, and @mark@tapbots.social
X: @timsweeneyepic, @mysk_co, @timsweeneyepic, @timsweeneyepic, @florian4gamers, @timsweeneyepic, @kantrowitz, @timsweeneyepic, @timsweeneyepic, @markgurman, @mysk_co, and @timsweeneyepic
Forums: r/apple, r/technology, r/europe, and MacRumors Forums
| Bloomberg: |
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts — The Kyoto-based company now expects ¥280 billion ($1.8 billion) in operating income in the fiscal year to March, slashing more than a fifth from its prior forecast.
More: VentureBeat, Reuters, MSPoweruser, Nikkei Asia, CNBC, MarketBeat, and GoNintendo
| Josh Xiao / Bloomberg: |
China's State Administration for Market Regulation says it will probe Google for antitrust violations, moments after Trump announced tariffs on Chinese goods — China announced an investigation into Google and imposed new tariffs on a range of US products moments after President Donald Trump slapped …
More: Silicon Republic, Business Today, Livemint, TechCrunch, Financial Express, Reuters, Decrypt, South China Morning Post, CoinDesk, Fortune, Times of India, ANI News, The Irish Times, Le Monde, NPR, The North West Star, ITV News, The Guardian, Forbes, The i Paper, WAtoday, CBS News, Wall Street Journal, The Guardian, The Korea Times, Financial Times, Xinhua, FOX31 Denver, The Indian Express, Türkiye Today, Sharecafe, and Daily Mail. Forums: r/politics
| 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: @dadiomov, @jonsakoda, @nea, @danprimack, @nadahosking, @ianrountree, and @kevinhartz
LinkedIn: Sanjeev Kumar, Ben Bergman, and Ian Rountree
| Brody Ford / Bloomberg: |
Source: Salesforce is cutting 1,000+ roles and will let displaced workers apply for other jobs internally; Salesforce had nearly 73,000 workers in January 2024 — - Many affected employees will be able to apply for other jobs — Amazon, Microsoft and Meta also trimming roles to start 2025
More: The Economic Times, Reuters, Verdict, TipRanks Financial, and NewsBytes
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