Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together  —  - ByteDance's preferred strategy is to fight ban, sources say  — Trump has said he would like to delay ban to seek resolution

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 …

Texas sues Allstate and its subsidiary Arity, accusing the insurer of illegally collecting and selling data about people's driving behavior through mobile apps  —  The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps …

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.

Sources: Databricks secures $5B+ in its largest debt raise to date, from lenders including Blackstone and Apollo, after raising $10B in equity in December 2024  —  - Blackstone, Apollo, Blue Owl among lenders in private loan  — Financing also includes a $2.5 billion credit line from banks

Microsoft is creating a new “CoreAI - Platform and Tools” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering executive who joined in October 2024  —  Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta) …

Sources: Zuckerberg met with Trump on Friday, in part to mediate a 2021 lawsuit Trump brought against Meta over his account suspension after the Jan. 6 riot  —  Meta pursues a MAGA makeover, in the latest political pivot for a company that once banned the now-president-elect from its platforms

Chainalysis buys AI-agent security startup Alterya, sources say 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.

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

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 …

An investigation finds 15 police departments across 12 US states have arrested suspects identified through facial recognition without having any other evidence  —  Confident in unproven facial recognition technology, sometimes investigators skip steps; at least eight Americans have been wrongfully arrested.

Bellevue, WA-based Truveta, which aggregates medical data from 30 partner institutions, raised $320M from Regeneron, Illumina, and others at a $1B+ valuation  —  Seattle-area health data company Truveta announced $320 million in fresh funding and an ambitious new initiative to create a giant genomic dataset.

Docs: Arm was working on a strategy in 2019 to hike prices to boost annual smartphone revenue by ~$1B over 10 years, and has discussed designing its own chips  —  Arm Holdings (O9Ty.F), , a technology supplier to chip firms, is developing a long-term strategy to hike prices by as much as 300% …

Sources: China tightens scrutiny of Apple and other US tech firms' exports under its dual-use export controls, slowing production expansion in SE Asia and India  —  TAIPEI — China is increasing its scrutiny of exports by Apple and other American tech companies, hampering their efforts …

Sources: Apple is finalizing verification of its first cutting-edge chips from TSMC's Arizona plant, with the initial batch expected as early as this quarter  —  TAIPEI — Apple is in the final stage of verifying its first “made in America” cutting-edge processor chips from Taiwan Semiconductor Manufacturing Co.'s plant in Arizona.

A US court rules the SEC must “explain itself” on why, when pressed by Coinbase, it failed to clarify its rules or offer clear new rules for crypto securities  —  The U.S. Securities and Exchange Commission must now thoroughly “explain itself” for refusing to grant Coinbase.'s formal request …

IAC board approves the spinoff of home improvement marketplace Angi; IAC has previously spun off companies like Expedia, Ticketmaster, and LendingTree  —  Barry Diller's IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017.