Trump Proposes Joint Venture Deal to “Save TikTok”
6 days ago · Donald Trump said he plans to issue an executive order on Monday to delay the enforcement of the TikTok ban and bring the app back. Trump also proposed a joint venture deal for TikTok with 50% U.S. ownership to allow the app to stay in operation in the U.S. “I’m asking companies not to let TikTok stay dark!” Trump said in a post on his social media site Truth Social.
Meta’s Seismic Shift — The Information
The year is just a week old and already things are getting shaken up. Meta Platforms’ announcement on Tuesday that it was eliminating its fact-checking program in favor of an X-like community notes feature is a seismic event for social media. No longer will Meta, owner of Facebook, Instagram and ...
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AI Startup Voltron Data Switches CEOs, Lays Off 50% of Staff
Voltron Data, a startup whose software helps companies use artificial intelligence, has switched CEOs and laid off around half its staff of 120 employees after struggling to meet its revenue target, according to two people with direct knowledge of the matter. Its software is supposed to speed up the time it takes data scientists to prepare data that would be used to train AI models.
TikTok Says It’s Temporarily Restoring Service on Sunday
6 days ago · TikTok said it’s working with its service providers to restore availability of its app on Sunday. Oracle started turning TikTok servers back on morning Pacific time, according to someone with direct knowledge of the matter. Apple and Google app stores, however, still did not enable people to download TikTok. “We thank President Trump for providing the necessary clarity and assurance to our
An Underappreciated Moment in AI — The Information
Welcome, Weekenders! In this newsletter:• The Big Read: A dawn of another crypto revolution• Power and Influence: Trump’s antitrust cop is a ‘happy warrior’• The Top 5: Our favorite new corporate merch and gifts.• Plus: Robots who rhapsodize; what Taylor Swift and Legos have in common; and Il ...
What Stargate Means and What It Doesn’t — The Information
3 days ago · Ten months ago, we broke the story that OpenAI and Microsoft were discussing “Stargate,” an unprecedented $100 billion data center supercomputer to take artificial intelligence to new heights. On Tuesday, Stargate finally became official—but largely without Microsoft.At the White House on ...
Oracle Prepares to Start Shutting TikTok Servers Saturday Night
Jan 19, 2025 · Leaders at Oracle, the main cloud computing provider for TikTok’s U.S. operations, have told some staff to prepare to shut down servers that host U.S. TikTok data on Saturday night as early as around 9 p.m. Eastern, in advance of a U.S. law that bans the app starting Sunday. Oracle CEO Safra ...
A Competitor of Scale AI Doubles Its Revenue, Thanks to Reasoning
4 days ago · Before we get into today’s column, President Donald Trump’s repeal of Joe Biden’s executive order on AI on Monday evening has to be the biggest news in AI. In case you’ve forgotten, Biden’s executive order required companies training large AI models to share details about their models with the ...
Startup Deadpool — The Information
I first met Peter Johnston, the founder of consumer social website Polywork, in 2022 when he had just raised $28 million from former GitHub CEO Nat Friedman and other investors. Johnston was eager to tell me how Polywork would connect people …