Techmeme
January 14, 2025, 12:01 PM

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: Financial Times, CNET, AppleInsider, The Verge, Reuters, The Hill, Washington Examiner, Investor's Business Daily, CNBC, Quartz, PYMNTS.com, Barron's Online, South China Morning Post, Semafor, Vanity Fair, Livemint, Reuters, Washington Times, RedState, Entrepreneur, Forbes, Sky News, Spyglass, The Daily Dot, Toronto Star, The London Economic, Dazed, Music Business Worldwide, Sharecast, Asia Financial, Bitcoin Insider, Arabian Business, Decrypt, NME, New York Times, Fortune, Investing.com, Music Ally, The Mirror, NBC News, UPI, PhoneArena, Taipei Times, The Independent, Al Jazeera, Tech.co, Hypebeast, Hindustan Times, The Sun, Silicon Republic, indy100, Khaama Press, The Crypto Basic, Neowin, Interesting Engineering, The Indian Express, Tuko.co.ke, Android Authority, Lowyat.NET, The Economic Times, International Business Times, Cryptopolitan, Android Police, Mark Carrigan, MEDIANAMA, Cointelegraph, MakeUseOf, PetaPixel, Euronews, en.ain.ua, TechCrunch, 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.
Financial Times:
Justine Calma / The Verge:
Biden signs an EO that directs the DOD and DOE to lease land to companies building gigawatt-scale AI data centers and clean power facilities, and more  —  President Biden issued an executive order today aimed at speeding the development of AI data centers in the US.
Lorenzo Franceschi-Bicchierai / TechCrunch:
Sources and business records detail how Barcelona has emerged as an unlikely hub for spyware companies, raising concerns from digital rights groups  —  Toward the end of 2023, an Israeli security researcher from Tel Aviv said that he was approached on LinkedIn with an opportunity to work abroad with “good pay.”
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 …
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.
Cheng Ting-Fang / Nikkei Asia:
Sources: Apple is in the final stage of verifying its first cutting-edge chips from TSMC's Arizona plant, with the first batch expected as early as this quarter  —  TAIPEI — Apple is in the final stage of verifying its first “made in America” cutting-edge processor chips from Taiwan Semiconductor Manufacturing Co.'s plant in Arizona.
Bloomberg:
A profile of Dubai property tycoon Hussain Sajwani, who, alongside Donald Trump at Mar-a-Lago, pledged a $20B investment in US data centers, drawing skepticism  —  - Hussain Sajwani has seen big wins from Dubai's property boom  — Sajwani has pledged to invest $20 billion in US data centers
Bluesky: @sararose007
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
Hannah Miller / Bloomberg:
DirecTV launches MySports, a sports streamer featuring games from NFL and other major leagues, and access to 40 channels, in 24 US metro areas for $70/month  —  - $70 package will offer content from ESPN, Fox Sports and NBC  — The Venu sports streaming service was scrapped last week
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:

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Washington Post:
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Zeyi Yang / Wired:
Leena Rao / Business Insider:
Richard Nieva / Forbes: