Techmeme
February 8, 2025, 5:10 PM

Top News

Shelly Banjo / Bloomberg:
At a conference in January, Elon Musk said he hadn't bid for TikTok and was not “chomping at the bit to acquire” it, amid reports of China evaluating the option  —  Elon Musk said he isn't interested in buying TikTok, the popular social video app the US has tried to ban …
Punchbowl News:
Jay Peters / The Verge:
PlayStation Network is experiencing a multi-hour outage, affecting account management, gaming and social, and PlayStation Video, Store, and the Direct website  —  PSN has been experiencing a multi-hour outage.  You might have trouble loading purchased digital games or seeing which friends are online.
Bloomberg:
PitchBook: almost 66% of VC funding in Europe came from abroad in 2024; no European company with €100B+ in market cap has been built from scratch in 30 years  —  A fractured system is frustrating businesses and hurting the economy.  —  The natural location for UK payments firm Zilch …
Bloomberg:
Tass: Rostelecom says an unspecified external impact has damaged a Russian underwater cable in the Baltic Sea, but there was no impact on subscribers  —  - Restoration work underway with no impact on subscribers  — NATO recently boosted its patrol operations in the Baltic
Shakeel Hashim / Transformer:
Leaked draft: the statement set to be signed at the Paris AI Action Summit barely mentions AI risks and fails to follow up on commitments from previous Summits  —  The statement, set to be signed by countries next week, is a ‘wasted opportunity’, experts say — and looks unlikely to be signed by US officials

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