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January 2, 2025, 9:20 PM
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Semafor:
Meta appoints Joel Kaplan as Chief Global Affairs Officer, replacing Nick Clegg, who is leaving the company; Kaplan is Meta's most prominent Republican  —  THE SCOOP  —  Meta is overhauling its global policy team, replacing President Nick Clegg with Joel Kaplan, his deputy and the company's …
Jonathan Stempel / Reuters:
Apple agrees to pay $95M to settle a lawsuit claiming it recorded private conversations after Siri was unintentionally activated and shared the data with others  —  Apple (AAPL.O) agreed to pay $95 million in cash to settle a proposed class action lawsuit claiming that its voice-activated Siri assistant violated users' privacy.
David Shepardson / Reuters:
A US appeals court rules the FCC did not have legal authority to reinstate net neutrality rules; incoming FCC chair Brendan Carr opposed the 2024 reinstatement  —  A U.S. appeals court ruled on Tuesday the Federal Communications Commission did not have the legal authority to reinstate landmark net neutrality rules.
Bob Van Voris / Bloomberg:
Terraform Labs co-founder Do Kwon pleads not guilty before a US federal judge in New York to nine counts, including wire fraud, over the $40B TerraUSD collapse  —  - Kwon was extradited from Montenegro earlier this week  — He is also facing fraud prosecution in his native South Korea
Wall Street Journal:
Many advertisers on TikTok say they will shift ad dollars if and when a US ban actually takes effect, as the yearslong saga has dulled any real sense of urgency  —  Status-quo videos still proliferate on the Chinese-owned app, and Madison Avenue remains upbeat just weeks before potential U.S. ban
Ivan Mehta / TechCrunch:
Telegram rolls out a new account verification method powered by third-parties, new search filters for private chats, and the ability to turn gifts into NFTs  —  Telegram has rolled out its first update of the year, adding a new account verification method powered by third-parties …
Yueqi Yang / The Information:
Sources: Morgan Stanley's E-Trade explores adding crypto trading, if the Federal Reserve and others approve, anticipating more favorable regulation under Trump  —  Morgan Stanley's online stock-trading arm, E-Trade, is exploring adding crypto trading in anticipation of a more favorable crypto …
Bloomberg:
Sources: China-backed hackers accessed the computers of senior US Treasury officials; the department's email system and classified data were not breached  —  - Treasury was compromised via third-party software provider  — Email system, classified data weren't breached by attackers
The Information:
Email: NYC-based Level, which raised a $27M Series A in 2021 to help companies offer staff benefits, shuts down after an effort to sell the company fell through  —  Benefits startup Level has told its clients that it is shutting down after an effort to sell the company fell through …
Michael Wayland / CNBC:
Short seller Hindenburg shorts Carvana claiming the company's turnaround is a “mirage” that's being propped up by unstable loans and accounting manipulation  —  Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car …
John Thornhill / Financial Times:
Paris is vying with London as Europe's top AI hotspot, with 34 of the 40 best-performing startups at the Station F incubator in 2024 focused on AI  —  Momentum has been slowing but the country boasts enviable technical skills and a burgeoning entrepreurial culture
More: Cryptopolitan.  Forums: r/europe

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This is a Techmeme archive page. It shows how the site appeared at 9:20 PM ET, January 2, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Oliver Darcy / Status:
Sources: layoffs affecting “many dozens of employees” are expected at The Washington Post this week; star reporter Josh Dawsey is leaving WaPo for a job at WSJ

Ben Strauss / Washington Post:
The Athletic's editorial staff urges NYT management to recognize them as part of the Times Guild, which would expand the union to nearly 1,700 members.

Tara Deschamps / The Canadian Press:
Google makes a $100M payment to the Canadian Journalism Collective in exchange for an exemption from the Online News Act

More News

Tom Warren / The Verge:
Asus, Samsung, and MSI separately unveil the world's first 27-inch QD-OLED gaming monitors, offering 4K OLED at 240Hz, without sharing release dates or pricing
Kerry Flynn / Axios:
Rembrand, which offers AI tools to add product placements in social media videos, raised a $23M Series A and plans to expand to CTV content and add a free tier

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