Techmeme
January 17, 2025, 8:01 AM

Top News

ABC News:
A US official says the Biden administration won't force TikTok to go dark in the country on January 19 and will leave it up to Trump to implement the law  —  The ban goes into effect on Sunday unless the Supreme Court intervenes.  —  TikTok logo on a smartphone.
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Threads: @senschumer and @tomgara
New York Times:
Sources: Zuckerberg told Stephen Miller that he would do nothing to obstruct Trump's agenda and blamed Sheryl Sandberg for an inclusivity initiative at Facebook  —  Stephen Miller was the architect of Donald J. Trump's hard-line immigration agenda in his first term.
Chance Miller / 9to5Mac:
Apple disables notification summaries for News & Entertainment apps in iOS 18.3 beta and makes other changes to summaries, including using italicized text  —  Apple released iOS 18.3 beta 3 to developers this afternoon.  The update includes a handful of changes to the notification summaries feature of Apple Intelligence.
Kashmir Hill / New York Times:
The FTC bans GM from selling driver behavior and geolocation data to consumer reporting agencies for five years, after finding GM didn't properly inform drivers  —  An investigation by the Federal Trade Commission determined that consumers had not been aware that the automaker was providing their driving information to data brokers.
Bloomberg:
Crypto wallet Phantom raised a $150M Series C co-led by Sequoia Capital and Paradigm at a $3B valuation, more than double its $1.2B valuation in January 2022  —  Phantom raised $150 million from big-name investors.  —  Cryptocurrency-wallet provider Phantom Technologies Inc. has raised $150 million …
Bloomberg:
Sources: Trump plans an EO to elevate crypto to a national imperative or priority and create a crypto advisory council to advocate for industry priorities  —  - Executive order expected to create a crypto advisory council  — Trump allies are discussing stopping federal crypto litigation
David Yaffe-Bellany / New York Times:
Zeyi Yang / Wired:
Job listings show Xiaohongshu is rushing to hire English-speaking moderators to help manage the unexpected influx of English videos and posts on the platform  —  Job listings posted in China this week indicate that Xiaohongshu, also known as RedNote, is struggling to handle an influx of new users joining the platform from TikTok.
The Information:
Jonathan Vanian / CNBC:
The US FTC refers a complaint against Snap to the DOJ, alleging Snapchat's My AI chatbot poses “risks and harms to young users”; SNAP closed down 5%  —  Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.
Zoë Schiffer / Wired:
Sources: Mira Murati's AI startup has poached about 10 researchers and engineers, including former OpenAI Head of Special Projects Jonathan Lachman, from rivals  —  It's a major get for Murati's mysterious startup, which has also poached engineers and researchers from a number of other prominent AI firms.
More: WinBuzzerBluesky: @edzitron.com
Kathrin Hille / Financial Times:
Researchers fear TikTok is softening Taiwanese youth's stance on China with pro-China content; a report says 22% of Taiwan's population uses TikTok or Douyin  —  A growing number of researchers fear that the controversial app is promoting pro-China content and softening attitudes towards the People's Republic
Joel Khalili / Wired:
A look at Pump.Fun, a service for launching memecoins that has generated $350M+ in revenue via a 1% trading fee in the 12 months since its launch in Jan. 2024  —  Pump.Fun raked in hundreds of millions of dollars in its first year in operation.  Despite some growing pains, its creators say this is just the beginning.
Yoolim Lee / Bloomberg:
In a first, Samsung will pay 50%-100% of executive bonuses in stock starting January 2026, linking compensation to share performance amid chipmaking struggles  —  - Company is linking pay for senior executives to performance  — The overhaul comes as Samsung cedes market share to rivals

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More News

Manish Singh / TechCrunch:
Patrick Coffee / Wall Street Journal:
Matthew Keys / The Desk:
Gaby Del Valle / The Verge:
Leo Schwartz / Fortune:
Tom Warren / The Verge:
Tonya Riley / Bloomberg Law:

Earlier Picks

Rebecca Bellan / TechCrunch:
Austin Carr / Bloomberg:
Sara Fischer / Axios:
Carly Page / TechCrunch:
Jay Peters / The Verge:
Reuters: