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January 22, 2025, 8:10 AM
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Top News

New York Times:
Trump grants a pardon to Ross Ulbricht, the Silk Road creator and a crypto cult hero serving a life sentence since 2015 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.
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.
More: CBS News, OpenAI, The Verge, New York Times, Associated Press, Engadget, Tech Monitor, The Economic Times, BBC, Silicon Republic, CNN, PCMag, Reuters, The Guardian, Business Standard, Fortune, Total Telecom, Blockonomi, Silicon Canals, Spyglass, TechRadar, diginomica, The Rundown AI, CryptoSlate, TweakTown, CNBC, en.ain.ua, crypto.news, The Decoder, Ace of Spades HQ, City A.M., RTÉ, The Gateway Pundit, Cryptopolitan, Analytics India Magazine, The Coin Republic, Interesting Engineering, The Fast Mode, Daily Sabah, Decrypt, Pulse 2.0, TechPowerUp, Tech Xplore, YourStory.com, The Indian Express, Türkiye Today, Defense One, Arabian Business, PC Gamer, Hindustan Times, Benzinga, HotAir, Wall Street Journal, Bloomberg, and The Hollywood Reporter
Bluesky: @martyswant and @edzitron.com
Threads: @benedictevans, @benedictevans, @mgsiegler, and @benedictevans
X: @openai, @elonmusk, @growing_daniel, @patrickmoorhead, @polynoamial, @alexeheath, @elonmusk, @edkrassen, @kyliebytes, @potus, @tanayj, @trungtphan, @florian4gamers, @kakashiii111, @sama, @jenniferjjacobs, @zck, @cyantist, @haydnbelfield, @emollick, @luke_metro, @shakeelhashim, @emollick, @ecommerceshares, @kyliebytes, @emollick, @drjimfan, @mohapatrahemant, @tedstew, and @gdb
Forums: r/collapse, r/politics, r/themayormccheese, r/slatestarcodex, r/intelstock, r/ProfessorFinance, r/mlscaling, r/AMD_Stock, r/moderatepolitics, r/singularity, r/TheMajorityReport, r/TheAllinPodcasts, r/Ankrofficial, r/wallstreetbetsGER, r/BetterOffline, r/centrist, r/technology, r/antiwork, r/news, and r/neoliberal
Financial Times:
Sources: Google is investing over $1B more in Anthropic, which is also nearing a further $2B funding round from Lightspeed and other VCs at a ~$60B valuation  —  Artificial intelligence group closes in on $60bn valuation  —  Google is making a fresh investment of more than $1bn into OpenAI rival Anthropic …
Washington Post:
Sources: a deep philosophical rift over how DOGE should operate spurred Vivek Ramaswamy's exit, with Donald Trump's January 20 EO embodying Elon Musk's vision  —  A deep philosophical rift between the two billionaire leaders of the “Department of Government Efficiency” left Musk to run the group.
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.
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%+  —  - 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 and 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.
Drew Lerner / Awful Announcing:
Nielsen: Netflix captured 8.5% of all US streaming viewership in December 2024, its highest share since July 2023, in part due to NFL games; YouTube had 11.1%
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.
Alexandra S. Levine / Bloomberg:
MrBeast joins an investor group led by Employer.com founder Jesse Tinsley in an all-cash bid to acquire TikTok US operations; several groups have shown interest
Becky Bracken / Dark Reading:
The Trump administration removed all advisory committee members within the DHS, including those in CISA and CSRB, which was investigating Salt Typhoon  —  In a letter sent today, the acting DHS secretary terminated membership to all advisory boards, including the Cyber Safety Review Board …
Dean Takahashi / VentureBeat:
A survey of 3,000+ game developers: 11% were laid off in the past year, 58% back unionization, 30% say GenAI has a negative impact on the industry, and more  —  The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job.
Mark Gurman / Bloomberg:
Sources: Meta aims to debut glasses with a built-in display and new Oakley-branded smart glasses for athletes in 2025, and resumes work on watches and earbuds  —  - Company resumes work on smartwatch and develops AirPods rival  — First real AR glasses, dubbed ‘Artemis,’ are planned for 2027
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 …
Radhika Rajkumar / ZDNET:
DeepSeek's new MIT-licensed AI models are accesible 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.
TechCrunch:
Truecaller rolls out real-time caller ID to its ~750K iOS subscribers, who account for 40% of its revenue; Truecaller has 2.6M+ paying subscribers in total  —  Popular caller ID app Truecaller has long left iPhone users at a disadvantage by not offering the caller information in real-time …
Louise Matsakis / Wired:
Days before TikTok briefly went dark, Instagram and Facebook made design tweaks, released new features, and ran ads promoting its apps as TikTok alternatives  —  In the days before TikTok went dark, Instagram and Facebook released a flurry of new features and ran advertisements promoting its platforms as a comparable alternative.
More: BBC, The Information, and MySmartPrice
Bluesky: @lmatsakis, @dlb, @bvigeant, and @jasonkoebler.  Forums: r/technews
Danny Park / The Block:
A Texas District Court rules against Tornado Cash sanctions, ordering a previous decision to be reversed; the US sanctioned Tornado Cash in August 2022  —  - A U.S. District Court has ordered the sanctions on Tornado Cash to be reversed.  — The price of TORN jumped over 140% following the news.
Financial Times:
UK CMA Chair Marcus Bokkerink plans to leave the antitrust agency, after pressure from UK ministers; the CMA appoints ex-Amazon exec Doug Gurr as interim chair  —  Marcus Bokkerink replaced at CMA with government saying it wants pro-business decisions to drive prosperity and growth

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From Mediagazer

Hailey Fuchs / Politico:
Senate disclosure: Florida judge Ed Artau was lobbying for a federal judiciary nomination when he sided with Trump in the case against the Pulitzer Prize board

Mike Vorkunov / New York Times:
With RSNs weakened due to cord-cutting, a look at how the NBA and teams are handling local broadcasts, as some turn to streaming and others buy their local RSNs

Eliza Gkritsi / Politico:
Investigation: pages affiliated with RT, Sputnik, and other entities remained part of Facebook's ad revenue program months after being subject to EU sanctions

More News

Earlier Picks

MK Manoylov / The Block:
Crypto.com launches its institutional exchange service for US customers, after closing the service in June 2023 due to “limited demand”
Michael Nuñez / VentureBeat:
Tencent unveils Hunyuan3D 2.0, an AI system that turns single images or text prompts into 3D models in seconds, and open sources it on HuggingFace and GitHub
Maxwell Zeff / TechCrunch:
Perplexity debuts Sonar, an API service to let devs build AI search tools into their apps, with a base tier costing $5/1K searches and a pricier Sonar Pro tier
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”
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