Techmeme
January 21, 2025, 7:50 PM

Top News

Kyle Wiggers / TechCrunch:
OpenAI, SoftBank, and Oracle announce The Stargate Project, a JV to invest in US AI infrastructure, committing $100B now and up to $500B in the next four years  —  OpenAI says that it will team up with both the Japanese conglomerate SoftBank and with Oracle, along with others, to build multiple data centers for AI in the U.S.
Bloomberg:
Trump says he would be open to Elon Musk or Larry Ellison purchasing TikTok US as part of a joint venture that would give the US government 50% ownership  —  “I have the right to make a deal,” Trump said at an event alongside Ellison at the White House on Tuesday.
Washington Post:
Bobby Allyn / NPR:
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 14%+ after hours  —  - Netflix is raising subscription prices in its biggest market  — Report marks the end of regular quarterly customer updates
Nicole Sperling / New York Times:
Netflix raises prices in the US, Canada, Portugal, and Argentina; the standard US plan rises from $15.49 to $17.99, standard with ads jumps a dollar to $7.99  —  The company said those results were buoyed by programming in recent months that exceeded internal expectations.
Kyle Wiggers / TechCrunch:
Microsoft says it has a new deal with OpenAI that gives Microsoft “right of first refusal”, meaning it's no longer OpenAI's exclusive cloud provider  —  Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models.  No longer.
New York Times:
Trump grants a pardon to Ross Ulbricht, the creator of Silk Road and a cryptocurrency cult hero, serving a life sentence on money laundering and drug charges  —  Ross Ulbricht was serving a life sentence for creating a site in a shady corner of the internet to sell heroin, cocaine and other illicit substances.
Mark Gurman / Bloomberg:
Sources: Meta aims to debut glasses with a built-in display and new Oakley-branded smart glasses for athletes in 2025; it has resumed work on watches, earbuds  —  - Company resumes work on smartwatch and develops AirPods rival  — First real AR glasses, dubbed ‘Artemis,’ are planned for 2027
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.
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.
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 …
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
Aisha Malik / TechCrunch:
Meta says it will offer eligible TikTok creators free verification, content deals, and up to $5,000 in bonuses to post Reels  —  Meta is luring TikTok creators over to its platforms with the promise of cash bonuses, content deals, and support to grow their communities.
Dean Takahashi / VentureBeat:
Survey of 3,000+ game devs: 11% were laid off in the past year, 58% back unionization, 30% say generative AI is having a negative impact on the industry, more  —  The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job.
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:
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.
Lauren Feiner / The Verge:
ByteDance-owned video editing app CapCut is now working in the US, but is still not in app stores, after Trump signed an EO attempting to pause the TikTok ban  —  CapCut, the ByteDance-owned video editing app that's subject to the same ban as TikTok, is working again in the US.
Jay Peters / The Verge:

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
How does live chat work?  —  If you're an online business operating through websites or instant messaging/social media platforms, regardless of your industry, you need a way to connect with your visitors.
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.

Featured Podcasts

Grit:
Former CEO Activision Blizzard, Bobby Kotick w/ Bing Gordon: Change the Game
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
OpenAI researcher on why soft skills are the future of work | Karina Nguyen (Research at OpenAI, ex-Anthropic)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
(Omnibus) Week Of 02/03/2025
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Matt Mullenweg (Co-Founder WordPress): WordPress Controversy, Future of Open Source AI, and Navigating Backlash
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:50 PM ET, January 21, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Drew Lerner / Awful Announcing:
Maxwell Zeff / TechCrunch:
Max Goldbart / Deadline:

Earlier Picks

Krisztian Sandor / CoinDesk:
James Hunt / The Block:
Noah Smith / Noahpinion:
Lauren Feiner / The Verge:
David Shepardson / Reuters: