Techmeme
January 14, 2025, 11:20 PM

Top News

Nicola M White / Bloomberg:
The SEC sues Elon Musk, claiming he failed to timely disclose a major purchase of Twitter shares ahead of his takeover of the social media platform in 2022  —  - Agency alleges billionaire ignored disclosure deadline in 2022  — Musk's lawyer says he did ‘nothing wrong’ and SEC has no case
Casey Newton / Platformer:
Sources and docs: Meta has dismantled its system that identified viral hoaxes and limited their reach, and told content-ranking teams to stop penalizing misinfo  —  The company built effective systems to reduce the reach of fake news.  Last week, it shut them down  —  I.
Sarah Perez / TechCrunch:
Decentralized Instagram alternative Pixelfed debuts iOS and Android apps; its Android app is the top Social app on Google Play in some markets, including the US  —  Pixelfed, a decentralized alternative to Instagram, has launched its official mobile apps.  The service today runs …
Chris Welch / The Verge:
Email: Sonos CPO Maxime Bouvat-Merlin is leaving; some employees say he shares a significant amount of blame for the brand damage after the botched app revamp  —  A day after Sonos announced a CEO transition, the company is making more moves.  Chief product officer Maxime Bouvat-Merlin will also be leaving his position.
Riley Griffin / Bloomberg:
Internal memo: Meta is cutting roughly 5% of its staff through performance-based terminations and plans to hire new people to fill their roles this year  —  Meta Platforms Inc. is planning to cut about 5% of its lowest performers with the intent of backfilling their roles this year, according to an internal memo sent to employees.
Justine Calma / The Verge:
Biden signs an EO that directs the DOD and DOE to lease land to companies building gigawatt-scale AI data centers and clean power facilities, and more  —  President Biden issued an executive order today aimed at speeding the development of AI data centers in the US.
Bloomberg:
Kylie Robison / The Verge:
OpenAI launches Tasks, rolling out in beta to ChatGPT Plus, Team, and Pro subscribers, to let users schedule reminders, with up to ten active at any given time  —  OpenAI is launching a new beta feature in ChatGPT called Tasks that lets users schedule future actions and reminders.
Elliptic:
Huione Guarantee, a Telegram marketplace that facilitates “pig butchering” and other scams, recently launched several crypto products, including a stablecoin  —  - Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
Sean Hollister / The Verge:
More: ViewPoints, Android Police, and BGR
Bluesky: @matthewstollerX: @dronelaws, @geiger_capital, and @mickwestForums: Beehaw
Carly Page / TechCrunch:
The US says the FBI hacked ~4.2K devices in the US to delete PlugX, malware used by China-backed hackers since 2014, after obtaining warrants in August 2024  —  U.S. authorities have confirmed that they disrupted the operations of a Chinese state-backing hacking group, which infiltrated millions …
Dan Primack / Axios:
Ryan Browne / CNBC:
The UK CMA opens an investigation into whether Google has “strategic market status” in search and how it impacts consumers, advertisers, publishers, and rivals  —  LONDON — Britain's competition watchdog on Tuesday said that it's opening a formal antitrust investigation into Google's search and search advertising services.
Reuters:
Apple and Amazon fight off a UK lawsuit filed on behalf of ~36M consumers alleging they colluded to bar most resellers of Apple and Beats products on Amazon  —  Apple (AAPL.O) and Amazon (AMZN.O) have successfully fought off a mass lawsuit in Britain over alleged collusion between the tech giants …
More: PYMNTS.com
CyberScoop:
Experts say Donald Trump and others pushing for stronger US cyber offense must clarify if escalation is a proper response to recent Chinese cyber breaches  —  Learn more.  —  In recent months, incoming Trump administration national security adviser Mike Waltz and some lawmakers have suggested …
Steven Vaughan-Nichols / ZDNET:
Red Hat acquires Neural Magic, which has built tools to boost generative AI inference workloads and raised $50M from a16z and others, for an undisclosed sum  —  Red Hat, the IBM-owned open-source software giant, has completed its acquisition of Neural Magic, a pioneering artificial intelligence (AI) optimization startup.

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More News

Josh Russell / Courthouse News Service:
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Earlier Picks

Reece Rogers / Wired:
Financial Times:
Financial Times:
Richard Nieva / Forbes:
Financial Times: