| Nicola M White / Bloomberg: |
The US SEC sues Elon Musk, claiming he failed to timely disclose a 5%+ purchase of Twitter's stock 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| The Information: |
Sources: TikTok plans to switch off its app in the US on January 19 unless SCOTUS blocks the ban; the law only requires app stores to stop TikTok app downloads — TikTok plans to shut off its app for U.S. users on Sunday, the day a federal law will ban the app, unless the Supreme Court intervenes … | Casey Newton / Platformer: |
Sources and docs: Meta has dismantled its system for identifying and limiting viral hoaxes, and told content-ranking teams to stop penalizing misinformation — The company built effective systems to reduce the reach of fake news. Last week, it shut them down — I.| Sara Fischer / Axios: |
OpenAI will fund the expansion of Axios to Pittsburgh, Kansas City, Boulder, and Huntsville, as part of a broader content-sharing and technology deal — - Google struck a deal with McClatchy to fund the creation of three digital-only local newsrooms in 2019.| Tom Warren / The Verge: |
Microsoft relaunches its free Copilot for businesses as Microsoft 365 Copilot Chat, offering pay-as-you-go AI agents and using OpenAI's GPT-4o to answer queries — Microsoft is relaunching its free Copilot for businesses as Microsoft 365 Copilot Chat today, complete with the ability to use AI agents.| Emily Nicolle / Bloomberg: |
British Virgin Islands-based Tether plans to move its corporate entity and subsidiaries to El Salvador after obtaining a digital asset service provider license — - Company and all subsidiaries will relocate to El Salvador — Stablecoin firm incorporated in the British Virgin Islands| The Verge: |
Court docs: internal chats suggest Meta used data from piracy site LibGen to train its Llama AI models and worked to conceal it, as Meta raced to beat rivals — A major copyright lawsuit against Meta has revealed a trove of internal communications about the company's plans to develop … | Sean Hollister / The Verge: |
DJI replaces its geofence around the US' No-Fly Zones with a dismissible warning, saying the update “aligns” with FAA rules and is similar to changes in the EU — For over a decade, you couldn't easily fly a DJI drone over restricted areas in the United States.| Abner Li / 9to5Google: |
Google makes all its Gemini features for Workspace apps free, after charging $20 or $30 per user per month, but increases the prices of all its Workspace plans — Previously, Google charged an additional $20+ per user/month for Gemini in Gmail, Docs, Meet, and other Workspace apps.| 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 … | Bradley Hope / Wired: |
A profile of Tahnoun bin Zayed al Nahyan, the UAE's intelligence chief overseeing $1.5T in sovereign wealth and who wants to make the UAE into an AI superpower — Tahnoun bin Zayed al Nahyan—the UAE's chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth.| Steven J. Horowitz / Variety: |
Drake pulls his petition accusing UMG and Spotify of inflating Kendrick Lamar's “Not Like Us” with bots and payola; the diss track accuses Drake of pedophilia — Drake has withdrawn his petition against Spotify and Universal Music Group after accusing the entities of launching an illegal … | Elliptic: |
Huione Guarantee, a Telegram-based marketplace that enables “pig butchering” and other scams, recently debuted a few crypto products, including a USD stablecoin — - Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.| 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 due to 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.| Ingrid Lunden / TechCrunch: |
LinkedIn launches free AI tools built on top of its own AI tech and data: a Jobs Match tool for job seekers and a recruitment AI agent for small businesses — If you've ever applied or thought of applying for a job via LinkedIn, you'll know that the experience can be immediately disheartening … | Matthew Ball / MatthewBall.co: |
A close look at the state of video gaming in 2025, including why gaming soared from 2011 to 2021 and then stalled, China's global rise, and mobile gaming growth — Please note, this deck is in Early Access and will release in PDF shortly. There are two versions below based on your preference … | Reeta Raman / Rest of World: |
Authorities in Singapore, which has a dire shortage of nurses, see the potential in AI tools to assist in preventive illness care, especially for the elderly — The country has a dire shortage of nurses, so to fill the manpower gap, it's using AI for preventive care. — • SINGAPORE| Josh Russell / Courthouse News Service: |
In federal court, lawyers for Microsoft and OpenAI defended the scraping of news stories to train LLMs and urged the dismissal of news outlets' copyright claims — A coalition of news organizations led by The New York Times claim the exploitation of their online news stories … | Cagan Koc / Bloomberg: |
The Netherlands tightens its export control rules, requiring ASML and ASM International to seek Dutch, not US, licenses for some of its chipmaking tools — The Netherlands tightened export control rules to make ASML Holding NV apply for licenses with the Dutch government instead of Washington for some of its tools.| Bloomberg: |
The Philippines' decision to supercharge its online gambling sector has been disastrous, opening the door to crimes, including money laundering, in the country — A casino raid in a sleepy town revealed the mayor's business connections to Singapore's $2 billion money-laundering scandal, and sparked allegations of Chinese espionage.| Bloomberg: |
The VisionTrack Composite Index, which tracks the performance of 130 crypto-dedicated hedge funds, jumped 40% in 2024, compared to Bitcoin's 120% surge in 2024 — - Many crypto hedge funds notched double-digit returns in 2024 — But fewer were able to beat Bitcoin's 120% advance last year| Romain Dillet / TechCrunch: |
Berlin-based Nelly, whose SaaS lets medical practices digitally onboard new patients, accept payments, and more, raised a €50M Series B led by Cathay Innovation — Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working … | Lydia Beyoud / Bloomberg: |
The US CFTC puts Crypto.com trading of Super Bowl and other sports derivatives under review; Crypto.com says it rejected the CFTC's request to halt such trading — - Company rejects agency's request to suspend sports trading — Regulators grappling with limits of prohibitions on gaming| Dan Primack / Axios: |
Intel Capital plans to split off from its parent into a standalone fund with a new name in H2 2025; Intel Capital has invested $20B+ into over 1,800 companies — - It was founded in 1991, and has invested more than $20 billion into over 1,800 companies.| New York Times: |
Brazilian nonprofit Legal Games Institute estimates that betting apps draw $23B+ in wagers annually, nearly 10 times the Mafia-run animal lottery in the country — Digital gambling could spell the end for a lottery run by criminal gangs that has been a fixture of Brazilian life for decades.| Reuters: |
Apple and Amazon fight off a UK lawsuit filed on behalf of ~36M UK 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 …
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