| 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| 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.| 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.| 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 … | 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| 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 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.| 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 … | 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.| 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 … | 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 … | Bradley Hope / Wired: |
A profile of Tahnoun bin Zayed al Nahyan, the chess-obsessed intelligence chief who oversees UAE's $1.5T sovereign wealth and wants to make UAE an AI superpower — Tahnoun bin Zayed al Nahyan—the UAE's chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth.| 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 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.| Cagan Koc / Bloomberg: |
The Netherlands tightens export control rules, requiring ASML and ASM International to seek licenses from the Dutch government for some 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.| Lydia Beyoud / Bloomberg: |
The CFTC puts trading of Super Bowl and other sports derivatives on Crypto.com under review; the firm 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| 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.| Zac Hall / 9to5Mac: |
Apple joins UALink, an industry group working on a next generation AI accelerator architecture standard meant to challenge Nvidia's dominance with NVLink — Apple has officially gained a board seat on the Ultra Accelerator Link Consortium, a group of more than 65 members developing next generation AI accelerator architecture.| 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| Bloomberg: |
The VisionTrack Composite Index, which tracks the performance of 130 crypto-focused hedge funds, rose 40% in 2024, compared to Bitcoin's 120% surge that year — - Many crypto hedge funds notched double-digit returns in 2024 — But fewer were able to beat Bitcoin's 120% advance last year| New York Times: |
Brazilian nonprofit Legal Games Institute estimates betting apps draw over $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.| 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 … | 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 … | Kelsey Lewin / Polygon: |
An excerpt from a book on Animal Crossing: New Horizons details how Nintendo localized the game for Western players; the game has 46M+ in all-time Switch sales — Read a full chapter from Boss Fight Books' recent Animal Crossing book — Credit the COVID-19 pandemic, social media … | Tage Kene-Okafor / TechCrunch: |
LemFi, a financial and payment services platform designed for immigrants that claims to have over 1M active users, raised a $53M Series B led by Highland Europe — For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023 …
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