Techmeme
January 21, 2025, 7:15 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.
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 …
Washington Post:
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
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.
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
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.
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
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:
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.
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.
Jay Peters / The Verge:
Card game Marvel Snap, published by ByteDance's Nuverse, is back online in the US; developer Second Dinner plans to find a new publisher to avoid future bans  —  Marvel Snap is back online in the US after access was cut off Saturday night due to the law that banned TikTok and other ByteDance-owned apps.
Lauren Feiner / The Verge:

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