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February 3, 2025, 7:00 PM
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memeorandum
WeSmirchTop News
| Financial Times: |
Analysis: Meta has invested $80B+ in AR and VR since 2014 when it bought Oculus, and is on track to top $100B in 2025 — Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year — Meta's total investment in virtual …
More: Bloomberg, PYMNTS.com, XR Today, and Lawyer Monthly
X: @scobleizer and @tanarrowz
Forums: r/augmentedreality and Slashdot
| Bloomberg: |
Trump signs an executive action to form a sovereign wealth fund; Commerce secretary nominee Howard Lutnick says it may 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, TechCrunch, CNN, USA Today, Inc, The Information, PYMNTS.com, The White House, Breitbart, UPI, DNyuz, Fox News, Australian Financial Review, Washington Examiner, Shacknews, Axios, New Republic, Hollywood Life, Crypto Briefing, One America News Network, The Hollywood Reporter, RedState, Townhall, New York Post, Politico, Al Jazeera, Benzinga, CNBC, Forbes, Daily Mail, The Gateway Pundit, Yahoo Finance, Associated Press, CBS News, Times of India, MediaPost, The Daily Hodl, The News International, Watcher Guru, crypto.news, Coinpedia Fintech News, CoinDesk, The Post Millennial, UNILAD, NBC News, and Just The News
Bluesky: @brunojnavarro. X: @danprimack. Forums: r/neoliberal, r/technology, r/inthenews, r/LibertarianUncensored, and r/unusual_whales
| Evan Weinberger / Bloomberg Law: |
Treasury Sec. Scott Bessent orders the CFPB to stop all rulemaking, communications, litigation, and other activities; in November, Musk called to “Delete CFPB” — Search by Topic — Treasury Secretary Scott Bessent has shut down a wide variety of operations inside …
More: The Verge, Bank Automation News, Consumer Financial …, New York Times, Americans for Financial Reform, New Republic, Reuters, New York Times, UPI, Salon, American Banker, Forbes, National Law Review, Law360, NBC New York, Consumer Bankers Association, Washington Post, House Financial Services Committee, Politico, Politico, NBC News, NPR, Bloomberg, U.S. House Committee …, Wall Street Journal, The Hill, Fox Business, The Block, PYMNTS.com, Payments Dive, and RedState
Bluesky: @reporterev, @adambonin, @andycraig, and @tonyromm
X: @alex_danco, @jonahallon, @dwallacewells, @iamdcinvestor, @alexandergrieve, @consumerbankers, @drewchudson, @repmeuser, @ellieckaufman, @maxfieldonbanks, @brendanpedersen, @sfof_states, @econliberties, @rickclaypool, @gardnerakayla, @silvermanjacob, @repcleaver, @repgwenmoore, @helaineolen, @repjayapal, @nhegde, @cmseeberger, @reichlinmelnick, @reploudermilk, @krystalball, @neerajka, @financialcmte, @mattgertz, @groundwork, @senatordurbin, @brendanpedersen, @moreperfectus, @jchervinsky, @emptywheel, @josheidelson, and @elonmusk. LinkedIn: Evan Weinberger
Forums: r/politics and r/politics
| Musk Watch: |
An OPM staffer believes a server Musk's associates installed, with access to federal staff info like SSNs, has not undergone a Privacy Impact Assessment — The Musk-connected political hires include two recent high school graduates — Several of Elon Musk's associates installed at the Office …
More: The Atlantic, Techdirt, PCMag, DCMediaGroup, HuffPost, New Republic, New York Times, New York Magazine, Slate, Mediaite, USA Today, Raw Story, and GovExec.com
Bluesky: @joshuajfriedman.com, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @tonytellez, @nathantankus, @calebecarma, @martinsfp, @juddlegum, @juddlegum, @juddlegum, @juddlegum, @kinosminion, and @juddlegum. Threads: @senadamschiff
X: @tim_walz, @slisker, @victorshi2020, and @chadpergram
Forums: r/politics, r/solarpunk, r/washingtondc, r/behindthebastards, r/inthenews, r/usajobs, r/antiwork, and r/IronFrontUSA
| Washington Post: |
Analysis of FEC filings: Elon Musk spent $288M+ to help elect Trump and other Republicans, the 2024 US election's biggest donor; Musk's America PAC raised $263M — Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates … | Rochelle Raveendran / CBC News: |
In the wake of US tariffs on Canadian goods, the premier of Ontario Doug Ford says he's “ripping up” the province's CA$100M Starlink contract — Musk part of President Donald Trump's team that wants to destroy families, Ford says — Progressive Conservative Leader Doug Ford is …
More: Associated Press, Ars Technica, CTV News, Reuters, The Register, TechCrunch, Business Insider, Financial Times, SpaceNews, The Independent, Engadget, Canadian Press, The Detroit News, Nairametrics, Benzinga, The Guardian, New York Daily News, PCMag, Gizmodo, ZeroHedge News, Global News, MeidasTouch News, New York Post, Bloomberg, iPhone in Canada Blog, BetaKit, Wccftech, MobileSyrup, CP24, Quartz, Raw Story, Fox Business, and Washington Examiner
Forums: r/Destiny, r/Starlink, r/politics, r/news, r/canada, r/onguardforthee, r/worldnews, r/RealTesla, r/ASTSpaceMobile, r/ontario, and r/SpaceXMasterrace
| 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: MacRumors, The Verge, 9to5Mac, Bloomberg, Android Authority, Gizmodo, MobileSyrup, and iDownloadBlog.com
Mastodon: @altstore@fosstodon.org. X: @timsweeneyepic, @mysk_co, @mysk_co, @timsweeneyepic, @timsweeneyepic, @timsweeneyepic, @kantrowitz, and @markgurman. Forums: MacRumors Forums
| Umar Shakir / The Verge: |
A US district court judge denies Apple's emergency motion to halt the remedy trial of the DOJ v. Google case, saying it hasn't demonstrated satisfactory reasons — Apple won't get to say how a Google monopoly breakup could affect its business dealings.
More: MacRumors, 9to5Mac, CourtListener, MLex, The Wrap, District Court for the District of Columbia, MacDailyNews, and AppleInsider
Forums: r/apple, Slashdot, and MacRumors Forums
| 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: Counterpoint Research, Canalys, Counterpoint Research, Moneycontrol, Android Police, The National, Phandroid, CNBC-TV18, PhoneArena, Android Authority, Philip Elmer‑DeWitt, GSMArena.com, Patently Apple, Android Headlines, Fortune India, Smartprix, Omdia, Cult of Mac, 9to5Google, 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, VentureBeat, Simon Willison's Weblog, Dark Reading, MIT Technology Review, WinBuzzer, and MarkTechPost
X: @simonw, @simonw, @simonw, @anthropicai, @skirano, @alexalbert__, @janleike, @anthropicai, @anthropicai, and @anthropicai. Forums: Slashdot
| Bloomberg: |
The Seoul High Court upholds an earlier decision clearing Samsung Executive Chairman Jay Y. Lee of fraud and stock-rigging, marking a major victory for Samsung — - Seoul court upholds Jay Y. Lee's earlier victory on appeal — The Samsung scion can now focus on turning around the firm| 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: New York Post
| 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 and The Decoder
| Anthony Ha / TechCrunch: |
More: OpenAI, Computerworld, The Verge, New York Times, ZDNET, Futurism, How-To Geek, Fast Company, AI Daily News, Constellation Research, The Guardian, Mashable, VentureBeat, TechRadar, RetailWire, Ghacks, Analytics India Magazine, AI News, Entrepreneur, PCMag, The Register, Dror Poleg, Wccftech, PYMNTS.com, Decrypt, The Crypto Times, WinBuzzer, en.ain.ua, Tom's Guide, Interesting Engineering, PhoneArena, TestingCatalog, TechPowerUp, Thurrott, MarkTechPost, Verdict, Nairametrics, Business Standard, Financial Express, and Axios
Threads: @parkerortolani. X: @sama, @sama, @danhendrycks, @danshipper, @gdb, @sama, @sama, @gergelyorosz, @afinetheorem, @deryatr_, @miles_brundage, @hxiao, @openai, @aarushselvan, @felipe_millon, @_jasonwei, @millionint, @aesoperator, @tsarnick, @thestalwart, @liamfedus, @parth_laxmikant, @reidhoffman, @shaunralston, @alexandr_wang, @openai, @openai, @danshipper, @willdepue, @emollick, @emollick, @edwardsun0909, @kevinroose, @sama, @deryatr_, @sama, @sama, and @sama
Forums: r/biotech, r/OpenAI, r/LocalLLaMA, r/ChatGPT, r/mlscaling, r/singularity, r/singularity, r/consulting, r/OpenAI, and r/singularity
Sponsor Posts
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Cheeky Pint:
What comes after smartphones, with Snap CEO Evan Spiegel
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Lenny's Podcast:
Snapchat CEO: Why distribution has become the most important moat | Evan Spiegel
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Big Technology Podcast:
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The Upstarts Podcast:
Chapter's Cobi Blumenfeld-Gantz: From Palantir To $3B Medicare Disruptor
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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