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January 13, 2025, 4:29 PM
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Top News

Financial Times:
The Biden admin unveils a new chip export rule that gives 18 key allies full AI chips access while requiring licenses from most other countries, including China  —  US semiconductor industry warns move will aid competitors  —  The US is imposing expansive export controls on chips used …
Associated Press:
Under a new Biden rule, countries with caps on AI compute are restricted to buying 50K advanced GPUs, which could grow to 100K in deals with the US government
Reuters:
Nvidia criticizes the Biden admin's new chip export rule, saying the regulation would “undermine” the US' AI leadership and “weaken” its global competitiveness
Mark Gurman / Bloomberg:
Sonos CEO Patrick Spence is leaving following a botched app revamp that upset customers and stymied growth; Sonos names board member Tom Conrad as interim CEO  —  - 'We've let far too many‬‭ people down,' company tells staffers  — Former Snap and Pandora executive Tom Conrad named interim CEO
Leena Rao / Business Insider:
Sources: Chainalysis acquires AI-agent security startup Alterya for ~$150M; Alterya is still in stealth mode but has clients including Coinbase, Square, Binance  —  - Chainalysis has acquired Alterya, a fraud-detection startup, for $150 million.  — Founded in 2022, Alterya uses AI to detect scams for financial and crypto firms.
Zeyi Yang / Wired:
Ahead of a likely US TikTok ban, users flee to Chinese apps Xiaohongshu, aka RedNote, and ByteDance's Lemon8, currently the top two apps in the US App Store  —  Some say they joined Xiaohongshu, which translates to “little red book,” to spite the US government after a ban on TikTok became more likely.
Jonathan Stempel / Reuters:
SCOTUS declines to hear Meta's bid to avoid a class action by advertisers that accused the company of overcharging them by inflating their potential ad reach  —  The U.S. Supreme Court declined on Monday to hear a bid by Meta Platforms (META.O) to avoid a multi-billion dollar class action …
Richard Nieva / Forbes:
Jimmy Wales, Mark Ruffalo, others debut Free Our Feeds to raise $30M by 2028 to “billionaire-proof” AT Protocol, by making it easier for users to leave Bluesky  —  Free Our Feeds, which includes support from the Mozilla Foundation, is working with Bluesky to make sure …
Keir Starmer / Financial Times:
The UK's PM debuts plans to increase its public sector compute over 20x to spark a “national renewal”, saying the UK doesn't need to walk a US or EU path on AI  —  Going our own way will unleash national renewal  —  Artificial intelligence is the defining opportunity of our generation.
Dominic Preston / The Verge:
Mastodon CEO Eugen Rochko plans to transfer Mastodon's ownership to a new non-profit, saying “Mastodon should not be owned or controlled by a single individual”  —  Mastodon says the decentralized network ‘should not be owned or controlled by a single individual.’
New York Times:
OpenAI publishes a “economic blueprint” for “AI in America”, calling on the new Trump admin to spur investment from the Middle East and avoid strict regulations  —  The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.
Counterpoint Research:
Global smartphone shipments grew 4% YoY in 2024 after a decade-low in 2023; top two brands, Samsung and Apple, were mostly flat, while Xiaomi grew 12% YoY  —  - Global smartphone sell-through grew 4% YoY in 2024, following the weakest year in a decade in 2023.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:29 PM ET, January 13, 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

Paul Hiebert / Adweek:
IAB and PWC: online ad spend hit $258.6B in 2024, up 15% YoY, with 39.8% going to search, 28.7% to display, 24% to video, and $2.4B to podcasts, up 26.4% YoY

Ted Johnson / Deadline:
In an X post, the FCC chairman suggests Comcast may be violating its licenses and accuses it of “news distortion” after MSNBC didn't air a WH press hearing

Financial Times:
RedBird is drawing up plans to be the “sole-control owner of the Telegraph Media Group” to bring an end to the media group's protracted two-year sale

More News

Mary Ann Azevedo / TechCrunch:
Toronto-based Float Financial, which offers expense management software and corporate credit cards, raised a $48.5M Series B led by Goldman Sachs Growth Equity
Wall Street Journal:
Donald Trump Jr. is joining prediction-market startup Kalshi as a strategic adviser; CFTC called Kalshi “an online casino” in a December filing

Earlier Picks

Kerry Flynn / Axios:
T-Mobile agrees to acquire Vistar Media, which focuses on programmatic digital out of home advertising, for $600M in cash; the deal is expected to close in Q1
New York Times:
Sources detail DOGE, which is likely to work as more of a brand linked by Signal group chats coordinating US policy or personnel recommendations and recruitment
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