Techmeme
January 20, 2025, 7:00 PM

Top News

Politico:
CoinGecko: Trump's memecoin, with a ~$7.5B market cap, is around the 28th most valuable cryptocurrency; some in crypto call Official Trump a “horrible look”  —  Trump's memecoin has taken off since debuting late Friday night.  Not everyone in crypto is thrilled.
Alan Suderman / Associated Press:
Bitcoin passed $108K hours ahead of President-elect Donald Trump's inauguration, after topping $100K for the first time in December 2024 before falling to ~$90K  —  The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump's inauguration …
Tim Copeland / The Block:
A memecoin named Official Barron Trump hit a $460M market cap before falling 95%; a Pump.fun user behind it has debuted other unofficial coins called “official”  —  - A memecoin called Official Barron Trump rose to a $460 million market cap on speculation that it might have been launched by Barron Trump himself.
Axios:
Simon Willison / Simon Willison's Weblog:
Chinese AI lab DeepSeek debuts DeepSeek-R1, an MIT-licensed model that does well with math, code, and reasoning tasks, alongside other open and distilled models  —  DeepSeek are the Chinese AI lab who dropped the best currently available open weights LLM on Christmas day, DeepSeek v3.
Ivan Mehta / TechCrunch:
X rolls out a dedicated video tab in the US in the app's bottom bar, letting users vertically scroll through short videos, after launching a TV app in 2024  —  Social network X is trying to capitalize on the removal of ByteDance apps like TikTok and Lemon8 from U.S. app stores by launching a dedicated vertical video feed.
Ivan Mehta / TechCrunch:
Bluesky launches video custom feeds for TikTok-style vertical videos in its mobile app, saying “we had to get in on the video action, too”  —  It is the product shipping time for all social networks with TikTok's services in the restoration phase, and the app still unavailable in the App Store and the Play Store.
Wall Street Journal:
China suggests it is willing to work with Donald Trump to keep TikTok operating in the US, after previously saying that it would block any forced sale of TikTok  —  Founder of app's parent, Beijing-based ByteDance, met with Elon Musk last year  —  SINGAPORE—China suggested it was willing …
Emma Roth / The Verge:
Wes Davis / The Verge:
More: Wired, The Register, NBC News, Reuters, Hollywood Life, Search Engine Land, Cautious Optimism, 9to5Mac, Passionfruit, TechRadar, Joe.My.God., Tech Wire Asia, TechSpot, Punchbowl News, DNyuz, Interesting Engineering, Android Headlines, The Colorado Sun, 9to5Mac, Yeni Şafak, Africanews, The Verge, MEDIANAMA, RTÉ, Nairametrics, Yahoo Finance, New York Times, Wired, MacRumors, New Yorker, Engadget, The Hollywood Reporter, Bloomberg, Politico, Mediaite, CNBC, Washington Post, and Axios
Hafiz Rashid / New Republic:
During a speech following Donald Trump's inauguration, Elon Musk appeared to deliver two “Nazi salutes” to the crowd  —  During a speech at Capitol One Arena Monday following Donald Trump's inauguration, Elon Musk appeared to deliver a Roman salute not once, but twice.
Foo Yun Chee / Reuters:
The EC says Facebook, X, YouTube, and others agreed to an updated, voluntary code of conduct, first set up in May 2016, over hate speech under the DSA  —  Meta's (META.O) Facebook, Elon Musk's X, Google's (GOOGL.O) YouTube and other tech companies have agreed to do more to tackle online hate speech under …

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CBS News:

Earlier Picks

Ivan Mehta / TechCrunch: