Techmeme
January 16, 2025, 2:50 AM

Top News

Washington Post:
Sources: Donald Trump is considering issuing an executive order once in office that would suspend enforcement of the TikTok sale-or-ban law for 60 to 90 days  —  Trump, the infamous dealmaker, is exploring unconventional ways to rescue the Chinese-owned video app from a nationwide ban …
NBC News:
An official says the Biden administration is “exploring options” to implement the law without causing TikTok to go dark for US users on January 19  —  Barring action by the Supreme Court, a ban in the U.S. on the popular app is set to begin on Sunday.
New York Times:
Sources: TikTok CEO Shou Chew plans to attend Trump's inauguration after being invited to sit on the dais, joining Mark Zuckerberg and Elon Musk at the event  —  Shou Chew will join tech moguls like Jeff Bezos, Mark Zuckerberg and Elon Musk at President-elect Donald J. Trump's inauguration as the fate of the app hangs in the balance.
Mackenzie Hawkins / Bloomberg:
The US unveils new rules calling for TSMC, Samsung, and other chip producers to step up their scrutiny and due diligence of customers, especially Chinese firms  —  - Measures also impose sanctions on 16 Chinese entities  — Biden has issued a raft of China regulations in his last week
Karen Freifeld / Reuters:
The US Commerce Department adds 25 China-based companies, including Alibaba-backed LLM developer Zhipu AI and chip designer Sophgo, to its restricted trade list  —  The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI …
Daniel Kuhn / The Block:
BitMEX is fined an additional $100M for US Bank Secrecy Act violations between 2015 and 2020; it pleaded guilty in July 2024 and previously agreed to pay $110M  —  - BitMEX has been slapped with an additional $100 million fine for Bank Secrecy Act violations between 2015 and 2020.
Lindsay Whitehurst / Associated Press:
During oral arguments, SCOTUS seemed open to a Texas law requiring age checks to view online porn, but could send the case back to a lower court  —  The Supreme Court on Wednesday seemed open to a Texas law aimed at blocking kids from seeing online pornography, though the justices could still send …
Pete Schroeder / Reuters:
Block agrees to pay $80M to a group of 48 US state financial regulators that say it had insufficient policies for policing money laundering through Cash App  —  Block Inc (SQ.N) has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined …
Jesse Coghlan / Cointelegraph:
DappRadar: NFT trading volumes in 2024 fell 19% YoY to $13.7B and sales counts fell 18% YoY to just under 50M, making 2024 the worst performing year since 2020  —  DappRadar found the NFT market last year was the worst since 2020 for trading and sales volumes, with both falling nearly 20% over 2024.
Jaffer Zaidi / The Keyword:
Google says it has partnered with the AP to deliver a feed of real-time information to enhance the usefulness of results displayed in the Gemini app  —  The AP will now deliver a feed of real-time information to help enhance the usefulness of results displayed in the Gemini app.
Bloomberg:
India has deployed AI and other tech at the Maha Kumbh Mela in Prayagraj to ensure the safety of ~450M pilgrims and trace missing people during the festival  —  India has deployed some of the world's newest digital technologies to solve one of the oldest problems at the world's largest human gathering.
Forums: r/india
Reuters:
The FTC sues John Deere, alleging it illegally drove up repair costs by making its software repair tool available only to its authorized dealers  —  The U.S. Federal Trade Commission on Wednesday sued farm equipment maker Deere (DE.N), alleging it illegally drives up repair costs by forcing farmers …

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More News

Kate Knibbs / Wired:
Ivan Mehta / TechCrunch:
Kashmir Hill / New York Times:
Tom Warren / The Verge:

Earlier Picks

Ingrid Lunden / TechCrunch:
Abner Li / 9to5Google:
Tom Warren / The Verge:
Sara Fischer / Axios:
Emily Nicolle / Bloomberg: