Tech Meme

James Hunt / The Block: MicroStrategy bought 11,000 bitcoin for ~$1.1B, an average of $101,191, between January 13 and 20, taking its holding to 461,000, worth $48B+, or 2%+ of supply  —  – MicroStrategy has purchased another 11,000 BTC for approximately $1.1 billion at an average price of $101,191 per bitcoin. Lees verder op Tech Meme

Noah Smith / Noahpinion: How Trump’s memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without any direct, observable transfer occurring  —  Crypto is, in fact, about sending people money.  —  Financial disclosure: I hold a modest amount of BTC and ETH. Lees verder op Tech Meme

New York Times: Sources: Elon Musk is set to get a West Wing office, putting him close to Trump, after Musk had for many days been asking about his level of access  —  The world’s richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump. Lees verder op Tech Meme

Counterpoint Research: Chinese smartphone sales fell 3.2% YoY in Q4 2024, the only 2024 quarter with a YoY drop; Apple fell 18.2% while Huawei rose 15.5% for an 18.1% market share  —  – During the quarter, Huawei secured the top spot, followed by Xiaomi.  Huawei’s sales grew 15.5% YoY, supported by the release of the Mate 70 series in early December. Lees verder op Tech Meme

Lauren Feiner / The Verge: Brendan Carr becomes FCC chair, and plans to focus on tech and media regulation, combating China, spectrum licenses, infrastructure, the space economy, and more  —  Brendan Carr is now formally the chair of the Federal Communications Commission, giving him the power to set the agency’s agenda … Lees verder op Tech Meme

Washington Post: Legal experts and lawmakers: Trump’s EO halting the TikTok ban may not protect companies that host or distribute the app, as Trump cannot overturn Congress’ law  —  Measure directs Justice Department to not enforce the law for 75 days while administration determines “the appropriate course forward.” Lees verder op Tech Meme

Kirsten Korosec / TechCrunch: A January 17 filing shows the US NHTSA said it “upgraded” its April 2024 probe into Ford’s BlueCruise, a driver assistance system used during two fatal crashes  —  A U.S. federal safety regulator has “upgraded” its investigation into Ford’s hands-free advanced driver assistance system known … Lees verder op Tech Meme

David Shepardson / Reuters: Trump revokes Biden’s 2023 executive order that sought to reduce the risks that AI poses to consumers, workers, and national security, fulfilling a GOP pledge  —  U.S. President Donald Trump on Monday revoked a 2023 executive order signed by Joe Biden that sought to reduce the risks … Lees verder op Tech Meme

Matt Novak / Gizmodo: During a speech following Donald Trump’s inauguration, Elon Musk delivered what many saw as two “Nazi salutes”; Musk posted a video of his speech to X  —  The billionaire Tesla CEO has a history of racist comments. … Elon Musk gave what appeared to be Nazi salutes at a rally held … Lees verder op Tech Meme

The Information: Source: Meta is offering creators with large TikTok followings bonuses ranging from $10K to $50K per month to post on Instagram Reels before other platforms  —  Instagram isn’t letting a good TikTok crisis go to waste.  —  Representatives for the Meta Platforms-owned app in the last week … Lees verder op Tech Meme