Techmeme
January 16, 2025, 5:35 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 …
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.
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.
Reuters:
Source: over 700K new users joined Xiaohongshu, or RedNote, in just two days; Sensor Tower: the app's US downloads were up more than 200% YoY this week  —  New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok …
Kyle Wiggers / TechCrunch:
AI researcher François Chollet and Zapier co-founder Mike Knoop launch Ndea, an AI research and science lab focused on “developing and operationalizing AGI”  —  François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs.
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 …
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
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 …
Zoho:
Hard work vs. smart work: What's the way to success?  —  We've always been fueled by the idea that hard work makes us successful.  From our households to schools, everyone demanded us to work hard.  Was that the key to success?  Were we doing the right thing when we were burning the midnight oil …
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Tom Warren / The Verge:
Microsoft relaunches its free Copilot for businesses as Microsoft 365 Copilot Chat, offering pay-as-you-go AI agents and using OpenAI's GPT-4o to answer queries  —  Microsoft is relaunching its free Copilot for businesses as Microsoft 365 Copilot Chat today, complete with the ability to use AI agents.
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.

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