Techmeme
January 20, 2025, 10:55 AM

Top News

Wes Davis / The Verge:
TikTok restores its service in the US, thanking Donald Trump for “the necessary clarity and assurance to our service providers that they will face no penalties”  —  The company said this afternoon that it is “in the process of restoring service” and thanked President-elect Trump for …
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Wall Street Journal:
China suggests it is willing to work with Donald Trump to keep TikTok operating in the US, after previously saying that it would block any forced sale of TikTok  —  Founder of app's parent, Beijing-based ByteDance, met with Elon Musk last year  —  SINGAPORE—China suggested it was willing …
Emma Roth / The Verge:
Lauren Feiner / The Verge:
Avery Lotz / Axios:
Ivan Mehta / TechCrunch:
Alan Suderman / Associated Press:
Bitcoin passed $108K hours ahead of President-elect Donald Trump's inauguration, after topping $100K for the first time in December 2024 before falling to ~$90K  —  The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump's inauguration …
Politico:
CoinGecko: Trump's memecoin, with a $9B+ market cap, is still in the top 25 most valuable cryptocurrencies; some in crypto call Official Trump a “horrible look”  —  Trump's memecoin has taken off since debuting late Friday night.  Not everyone in crypto is thrilled.
Axios:
Melania Trump launches her own Solana coin, MELANIA, offered by MKT World, a company associated with Melania Trump; TRUMP fell ~36% on the news  —  It's not clear how many are on the market now.  — According to the token's site, the team is only setting aside 35% for themselves …
CBS News:
Source: DOGE co-lead Vivek Ramaswamy will leave the task force, as he plans a campaign for Ohio governor; sources: Musk associates undercut Ramaswamy for weeks  —  Vivek Ramaswamy, President-elect Donald Trump's choice to co-lead the Department of Government Efficiency (DOGE) …
Ivan Mehta / TechCrunch:
X rolls out a dedicated video tab in the US in the app's bottom bar, letting users vertically scroll through short videos, after launching a TV app in 2024  —  Social network X is trying to capitalize on the removal of ByteDance apps like TikTok and Lemon8 from U.S. app stores by launching a dedicated vertical video feed.
Ivan Mehta / TechCrunch:
Bluesky launches video custom feeds for TikTok-style vertical videos in its mobile app, saying “we had to get in on the video action, too”  —  It is the product shipping time for all social networks with TikTok's services in the restoration phase, and the app still unavailable in the App Store and the Play Store.
Ivan Mehta / TechCrunch:
Meta unveils Edits, a video editing app coming in February on iOS and later on Android, after US app stores removed CapCut as part of the divest-or-ban law  —  Meta today announced a new video editing app called Edits, after ByteDance's video editing app CapCut was removed from Apple's App Store …
Megan Sauer / CNBC:
An interview with Jeff Atwood, co-founder of Stack Overflow, which was acquired by Prosus for $1.8B in 2021, on his plans to donate half his net worth and more  —  Plenty of wealthy people plan to donate most of their fortunes to philanthropic causes.  Jeff Atwood says he'll actually do it within the next five years.

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David Marchese / New York Times:
Washington Post: