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January 24, 2025, 11:10 PM
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Top News

Jaspreet Singh / Reuters:
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”  —  Meta Platforms (META.O) will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.
Meghan Bobrowsky / Wall Street Journal:
Zuckerberg says Meta is building an AI engineer that will “start contributing increasing amounts of code to our R&D efforts” and is planning a 2GW+ data center  —  Social-media giant to spend between $60 billion and $65 billion, Zuckerberg says
Wall Street Journal:
In email to X staff, Musk says “user growth is stagnant, revenue is unimpressive, and we're barely breaking even”; sources: banks plan to sell their debt in X  —  Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar  —  Wall Street banks are getting ready …
More: The Verge, Futurism, Bloomberg, Benzinga, Reuters, and The Wrap
Bluesky: @anthropicscholar, @razastwart, @pecunium, @ammy, @cachiporra, @raisinguptown, @ecostarr, @popolvuzh, @wukko.me, @pabably, @ldldn, @robchilver, @sarcasticdad, @valkyrie.hacker.gf, @hereforfun, @ketameanie, @rufus-hickok, @leftsedfred …, @ilikesportsmostly, @revjulieh, @thurstoncounty, @kevinwglass, @thetypist, @thegrimrecapper, @cannibalpinata, @crunk1977, @tttomblue, @whizzo, @peark.es, @bft.wtf, @bankuei, @gonzarro, @cavskermit, @maxkennerly, @docnickie, @bdplayer81, @ratelimitexceeder, @ironbound, @schoenen, @pithypacky, @harrisj, @grantmooney, @sspence3, @johnxuandou, @reckless, @mtelm, @rss.coffee, @wattasecond, @ccxkingxcc, @asherlangton, @prietschka, @barrybergman, @1stamericanhoodlum, @mercygrimm, @saileshpatel, @mattrigg, @maxkennerly, @seanokane, @usspcrichardandson, @margarita, @bartsmith, @nypinta, @benloggedon, @brendelbored, @chrismsf, @studuncan, @koleross, @borisbadenov, @alwayserked, @labuzamovies.com, @esghound.com, @neiltypewriter, @ailurouge, @joelhs, @celicilorena, @tyleraking.com, @skeetownhobbit, @mrshiddeddoodoo, @mstefan, @behrbones, @petergratton, @m3talgearz, @southsidetrekkie, @1stamericanhoodlum, @juditpetho, @gwollman, @lukethomas, @dougdirt24, @davidjwbailey, @garyrockrose, @turnerjoy, @pelops, @robairone, @brianhough.com, @bigbeandotgov, @grudgie, @thetwinewinder, @imnotahrhitter, @nystateofmind, @matthiasplappert.com, @ironsquirrel, @noahseligman, @chrisdoll, @nowhere, @sportzagato, @thereallari, @dcharlie, @litigaytor, @keithdonovan, @salfranzaya, @gregred, and @phoul.  Mastodon: @joy@mastodon.social
Threads: @vishwanathsarangkeller, @chrismaydev, @parkert, and @documentingmeta
X: @parismarx, @wholemarsblog, and @asharma
Forums: r/Twitter, r/economicCollapse, r/technology, and r/news
Ivan Mehta / TechCrunch:
Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content”  —  Meta's X rival Threads said Friday that it is now testing ads with select brands in the U.S. and Japan.
Mark Gurman / Bloomberg:
Sources: Apple moved Kim Vorrath, a company veteran known for fixing troubled products, to its AI group to help improve Siri and Apple Intelligence  —  - Kim Vorrath previously worked on Vision Pro, iPhone software  — The company is racing to catch up in artificial intelligence
Carl Franzen / VentureBeat:
Yann LeCun says DeepSeek “profited from open research and open source” like Meta's Llama and is proof that open source models are surpassing proprietary ones  —  If you hadn't heard, there's a new AI star in town: DeepSeek, the subsidiary of Hong Kong-based quantitative analysis …
Rolling Stone:
Sources: Trump's team members don't buy Zuckerberg's right-wing conversion as entirely genuine; one senior official says he has a “lot more ass-kissing” to do  —  Trump's aides and allies aren't ready to buy the Facebook chief's right-wing conversion.  “He can't just snap his fingers and make the past not happen”
MacKenzie Sigalos / CNBC:
The US SEC revokes SAB 121, a controversial accounting rule added in 2022 that forced banks to treat BTC and other tokens as a liability on their balance sheets  —  After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule …
Catherine McGrath / Fortune:
White House crypto czar David Sacks says NFTs and memecoins are neither securities nor commodities, but collectibles that people buy to “commemorate something”  —  Non-fungible tokens and memecoins are neither securities nor commodities, according to White House crypto czar David Sacks.
Simon Willison / Simon Willison's Weblog:
OpenAI updates ChatGPT's Canvas feature with o1 model support and HTML and React code rendering, making it a direct competitor to Claude's Artifacts  —  OpenAI Canvas gets a huge upgrade.  Canvas is the ChatGPT feature where ChatGPT can open up a shared editing environment and collaborate …
New York Times:
The TikTok ban forced a dilemma on US tech companies: risk alienating a mercurial president or risk breaking federal law and face up to billions in penalties  —  The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.
More: Reuters and The Verge
Sergiu Gatlan / BleepingComputer:
The FBI warns that North Korean IT workers are abusing their access to steal source code and extort US companies that have been tricked into hiring them  —  The FBI warned today that North Korean IT workers are abusing their access to steal source code and extort U.S. companies that have been tricked into hiring them.
Sarah Perez / TechCrunch:
Similarweb: RedNote's DAUs in the US fell by 54% on January 20 when the TikTok ban was put on hold, after reaching a high of 32.5M DAUs on the day of the ban  —  In the days leading up to the TikTok ban in the U.S. on Sunday, U.S. users flooded the Chinese app RedNote, which offered …
More: Dexerto
Jiahui Huang / Wall Street Journal:
Chinese self-driving company WeRide aims to make more inroads overseas in 2025; WeRide operates in nine countries and secured new deals in Switzerland and Japan  —  WeRide already operates driverless vehicles in 30 cities across nine countries  —  Chinese autonomous-driving company WeRide …
Pranav Dixit / Business Insider:
Apptopia: Meta app usage is steady despite some calls for a boycott over fact-checking and DEI changes; TikTok ban may have overshadowed user concerns  —  - Meta's engagement is steady after the company cut fact-checking and diversity programs.  — A potential TikTok ban might've overshadowed concerns about the policy changes.
Lauren Forristal / TechCrunch:
Flip, which lets shoppers share video reviews and earn cash based on engagement, launches a creator fund that grants up to $100M of equity over 5+ years  —  Flip is a social commerce app that lets shoppers become creators.  They can share honest reviews and earn cash based on engagement on the platform.

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This is a Techmeme archive page. It shows how the site appeared at 11:10 PM ET, January 24, 2025.

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From Mediagazer

New York Times:
In its ruling letting Trump bar AP, a US appeals court says small settings like the Oval Office are essentially invite-only and not covered by 1A protections

Washington Post:
China's state radio has added 80 new frequencies since Radio Free Asia was cut, including those previously used by RFA, and increased its broadcasting hours

Todd Spangler / Variety:
Netflix shareholders voted to oust Jay Hoag, who's served on its board since 1999; Hoag offered his resignation and the board has 90 days to accept or reject it

More News

Katie Deighton / Wall Street Journal:
ShopMy, which lets brands run influencer marketing efforts, raised a $77.5M Series B led by Bessemer and Bain, sources say at a $410M valuation vs. $80M in 2024
Financial Times:
a16z is closing its London office and pulling back from its much-touted UK expansion, seeking to refocus on the US crypto industry following Trump's election

Earlier Picks

New York Times:
Instagram suspended the accounts of two abortion pill providers and Facebook removed their posts; Meta blamed “over-enforcement” and restored some accounts
Kyle Chan / High Capacity:
How China's progress across overlapping industries like lidar, drones, robotics, smartphones, AI, EVs, and batteries forms a mutually reinforcing feedback loop
Politico:
While Trump downplayed Elon Musk's Stargate criticism, assuring reporters “they're putting up the money”, key White House sources say they're furious with Musk
MacKenzie Sigalos / CNBC:
Trump signs an EO to create a crypto working group led by David Sacks to consider a national digital asset stockpile “potentially derived” from seized crypto
Jay Peters / The Verge:
OpenAI releases a “research preview” of its Operator AI agent that can automate web-based tasks, launching to US subscribers of its $200/month ChatGPT Pro tier
Kyle Wiggers / TechCrunch:
Perplexity launches Perplexity Assistant in its Android app, which can take “multi-app actions” like hailing a ride, initially free for users in 15 languages
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