Techmeme
January 14, 2025, 9:45 AM

Top News

Bloomberg:
Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together  —  - ByteDance's preferred strategy is to fight ban, people say  — Trump has said he would like to delay ban to seek resolution
More: Wall Street Journal, The Hill, Washington Examiner, Investor's Business Daily, Reuters, PYMNTS.com, Quartz, Barron's Online, South China Morning Post, Livemint, Decrypt, Spyglass, Reuters, The Independent, The Sun, Toronto Star, New York Times, NME, Bitcoin Insider, Arabian Business, Investing.com, Fortune, Agence France-Presse, Music Ally, The Daily Dot, MakeUseOf, CNBC, The Mirror, PetaPixel, Newser, PhoneArena, UPI, Silicon Republic, Tech.co, Althouse, Euronews, International Business Times, Tech in Asia, Hindustan Times, Al Jazeera, Outlook Business, Hypebeast, Benzinga, BGR, indy100, HuffPost, Khaama Press, The Crypto Basic, Neowin, KrASIA, Interesting Engineering, Malay Mail, Tuko.co.ke, Android Authority, Lowyat.NET, The Economic Times, Cryptopolitan, Pixel Envy, Android Police, Mark Carrigan, MEDIANAMA, TVNewsCheck, Cointelegraph, en.ain.ua, Lovin Malta, Mashable, CCN.com, Business Today, Financial Express, 9meters, PRWeek, The Post Millennial, Times of India, Daily Mail, 9News, Wall Street Pit, BroBible, The Wrap, TechCrunch, Consequence, Raw Story, and The Verge
Todd Spangler / Variety:
TikTok denies a report that China is looking at potentially facilitating a sale of the app to Elon Musk to keep it operating the US, calling it “pure fiction”  —  TikTok denied a report that China is looking at potentially facilitating a sale of the app to tech billionaire Elon Musk …
Ryan Browne / CNBC:
The UK CMA opens an investigation into whether Google has “strategic market status” in search and how it impacts consumers, advertisers, publishers, and rivals  —  LONDON — Britain's competition watchdog on Tuesday said that it's opening a formal antitrust investigation into Google's search and search advertising services.
Reece Rogers / Wired:
How Cleo AI and Bright, personalized AI chatbots offering financial advice, often function as a way to sell high-interest loans and cash advances to young users  —  AI finance apps are reaching Gen Z and millennial users with personalized chatbots that offer money advice—and upsell them big-time.
Kashmir Hill / New York Times:
Texas sues Allstate and its subsidiary Arity, accusing the insurer of illegally collecting and selling data about people's driving behavior through mobile apps  —  The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps …
Bloomberg:
Sources: Databricks secures $5B+ in its largest debt raise to date, from lenders including Blackstone and Apollo, after raising $10B in equity in December 2024  —  - Blackstone, Apollo, Blue Owl among lenders in private loan  — Financing also includes a $2.5 billion credit line from banks
Financial Times:
Niket Nishant / Reuters:
Zurich- and Singapore-based Sygnum, a crypto-focused bank and trading platform for institutional users, raised $58M led by Fulgur Ventures at a $1B valuation  —  Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday.
Zeyi Yang / Wired:
Ahead of a likely US TikTok ban, users flee to Chinese apps Xiaohongshu, aka RedNote, and ByteDance's Lemon8, currently the top two apps in the US App Store  —  Some say they joined Xiaohongshu, which translates to “little red book,” to spite the US government after a ban on TikTok became more likely.
Dan Mangan / CNBC:
The US SEC says that two Robinhood broker-dealers agreed to pay $45M in combined penalties to settle charges that they violated 10+ securities law provisions  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices
Todd Bishop / GeekWire:
Microsoft is creating a new “CoreAI - Platform and Tools” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering executive who joined in October 2024  —  Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta) …
Will Knight / Wired:
The US' new chip export rule enters a 120-day consultation period, requiring the Trump admin to listen to input, perhaps modify the rule, and then enforce it  —  The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.
Financial Times:

Sponsor Posts

Microsoft:
6 AI Trends to Watch in 2025  —  Explore insight from Microsoft on key AI advancements that will shape our work and daily lives in the coming year.
Genesys:
The Levels of Experience Orchestration  —  What's your vision for the future of customer experience?  See how AI can transform your business - and take you to the next level.
Zoho:
Zoho Assist for Startups  —  A new business idea often arises when a problem needs a solution.  Even you, the one reading this blog, could be the next entrepreneur, or perhaps your colleague sitting next to you might be the future owner of a start-up.
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.
Techmeme Ride Home:
Thu. 01/16 - Nintendo Switch 2
The day's tech news, every day. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, January 14, 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

Hannah Miller / Bloomberg:
Taylor Soper / GeekWire:

Earlier Picks

Jesse Hamilton / CoinDesk:
Washington Post:
More: Biometric UpdateBluesky: @joffirphd, @drewharwell.com, and @hypervisibleX: @glyncoLinkedIn: Douglas MacMillanForums: r/technology
Leena Rao / Business Insider:
Richard Nieva / Forbes:
Mark Gurman / Bloomberg: