Techmeme
January 21, 2025, 5:15 PM

Top News

Washington Post:
Legal experts and lawmakers: Trump's EO halting the TikTok ban may not protect companies that host or distribute the app, as Trump cannot overturn Congress' law  —  Measure directs Justice Department to not enforce the law for 75 days while administration determines “the appropriate course forward.”
Bobby Allyn / NPR:
Trump signs an EO seeking to pause the TikTok ban for 75 days, in a bid to give him time to negotiate a resolution and protect TikTok's providers from liability  —  President Trump signed an executive order on Monday seeking to hit pause on a law banning TikTok and to provide a liability shield …
Jay Peters / The Verge:
Lauren Feiner / The Verge:
Lucas Shaw / Bloomberg:
Netflix reports Q4 revenue up 16% YoY to $10.2B and 301.6M global subs, adding 18.9M subs, more than doubling Wall Street estimates; NFLX jumps 13%+ after hours  —  - Netflix is raising subscription prices in its biggest market  — Report marks the end of regular quarterly customer updates
Juli Clover / MacRumors:
Apple says installing macOS Sequoia 15.3, iOS 18.3, or iPadOS 18.3 will turn on Apple Intelligence automatically on compatible devices; users can opt out later  —  When installing macOS Sequoia 15.3, iOS 18.3, or iPadOS 18.3, Apple Intelligence will be turned on automatically on compatible devices …
Radhika Rajkumar / ZDNET:
DeepSeek's new MIT-licensed AI models can be accessed via DeepSeek's API at a fraction of the cost of comparable OpenAI models but there are censorship concerns  —  Open-source artificial intelligence (AI) has reached another milestone — and the cost differences it represents could shake up the industry.
Kyle Wiggers / TechCrunch:
Trump signs an EO renaming the US Digital Service as the US DOGE Service, directing agency heads to form “DOGE Teams” of at least four employees within 30 days  —  The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts …
New York Times:
Jeff Cox / CNBC:
The SEC launches a “Crypto 2.0” task force led by SEC Commissioner Hester Peirce, to create a “comprehensive and clear regulatory framework for crypto assets”  —  The Trump administration took its firs steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency.
Anna Gross / Financial Times:
The UK debuts digital driving licenses and veteran ID cards, launching in 2025 via the GOV.UK Wallet, and AI tools, nicknamed “Humphrey”, to help civil servants  —  New app will also include documents showing criminal record checks and proof of eligibility for state benefits
Counterpoint Research:
Chinese smartphone sales fell 3.2% YoY in Q4 2024, the only negative quarter in 2024; Apple fell 18.2% to a 17.1% share and Huawei rose 15.5% to an 18.1% share  —  - During the quarter, Huawei secured the top spot, followed by Xiaomi.  Huawei's sales grew 15.5% YoY, supported by the release of the Mate 70 series in early December.
Aisha Malik / TechCrunch:
Meta will soon let users link WhatsApp accounts with Instagram and Facebook, allowing cross posts of WhatsApp Statuses as Stories on Instagram and Facebook  —  Meta announced on Tuesday that users will soon be able to add their WhatsApp account to their Accounts Center …
James Hunt / The Block:
MicroStrategy bought 11K bitcoin for ~$1.1B from January 13 to 20, at an average of $101,191 per BTC, taking its holding to 461K, worth $48B+, or 2%+ of supply  —  - MicroStrategy has purchased another 11,000 BTC for approximately $1.1 billion at an average price of $101,191 per bitcoin.
Max Goldbart / Deadline:
Parrot Analytics estimates Severance season 1 earned $200M+, with ~50% coming in the year following the finale; Ted Lasso generated $609.4M from Q3'20 to Q3'24  —  Parrot came to these figures via its Content Valuation methodology, which uses a formula to correlate audience demand with subscribers and therefore revenue.
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