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BitMEX is fined an additional $100M for US Bank Secrecy Act violations between 2015 and 2020; it pleaded guilty in July 2024 and previously agreed to pay $110M (www.theblock.co)
2025-1-16

Sources: Nothing seeks to raise at least $100M in its Series C; it crossed $1B in lifetime sales, sold 7M devices to date, and doubled revenue to $500M+ in 2024 (www.bloomberg.com)
2025-1-16

AI researcher François Chollet and Zapier co-founder Mike Knoop launch Ndea, an AI research and science lab focused on “developing and operationalizing AGI” (techcrunch.com)
2025-1-16 AI

During oral arguments, SCOTUS seemed open to a Texas law requiring age checks to view online porn, but could send the case back to a lower court (apnews.com)
2025-1-16 Texas

The US Commerce Department adds 25 China-based companies, including Alibaba-backed LLM developer Zhipu AI and chip designer Sophgo, to its restricted trade list (www.reuters.com)
2025-1-16 China Alibaba AI

Germany-based Neura Robotics, which is building cognitive, humanoid robots for logistics and other sectors, raised a €120M Series B led by Lingotto Investment (www.bloomberg.com)
2025-1-16 Germany Robot Logistics

Chinese AI company MiniMax, which has raised ~$850M, debuts three LLMs, including a 456B-parameter model that it claims performs better than Gemini 2.0 Flash (techcrunch.com)
2025-1-16 China AI

An official says the Biden administration is “exploring options” to implement the law without causing TikTok to go dark for US users on January 19 (www.nbcnews.com)
2025-1-16

Jio Platforms partners with Polygon Labs to integrate Web3 and blockchain services into Jio's apps and services; Jio Platforms has over 450M users in India (www.coindesk.com)
2025-1-16 Blockchain India

TSMC reports Q4 sales up 38.8% YoY to ~$26.38B, net income up 57% YoY to ~$11.4B, both above estimates; stock jumped 80%+ in 2024, its biggest gain since 1999 (www.bloomberg.com)
2025-1-16 4Q

Sources: TikTok CEO Shou Chew plans to attend Trump's inauguration after being invited to sit on the dais, joining Mark Zuckerberg and Elon Musk at the event (www.nytimes.com)
2025-1-16 Trump Elon Musk Zuckerberg

Amazon to acquire Bengaluru-based BNPL startup Axio, sources say for $150M+; Axio raised $135M in equity, claims to have 10M+ customers, and a $260M+ loan book (techcrunch.com)
2025-1-16 Amazon Startup Equity

Albanese defends $1b start-up bet as Queensland support wavers (www.smh.com.au)
2025-1-16

India has deployed AI and other tech at the Maha Kumbh Mela in Prayagraj to ensure the safety of ~450M pilgrims and trace missing people during the festival (www.bloomberg.com)
2025-1-16 India AI

In a deposition for the Kadrey v. Meta copyright case, Mark Zuckerberg seemingly cited YouTube to justify Meta's use of copyrighted data for AI training (techcrunch.com)
2025-1-16 AI YouTube Zuckerberg

From a garage to a $2.5b start-up: SafetyCulture founder steps down (www.smh.com.au)
2025-1-16

From bottled lightning to ‘hempcrete': The Australian innovations that could save the world (www.smh.com.au)
2025-1-16 Australia

Source: over 700K new users joined Xiaohongshu, or RedNote, in just two days; Sensor Tower: the app's US downloads were up more than 200% YoY this week (www.reuters.com)
2025-1-16 Sensor

Canalys: China smartphone shipments rose 4% YoY to 285M units in 2024, with Vivo up 11% to a 17% market share, Huawei up 37% to 16%, and Apple down 17% to 15% (t.co)
2025-1-16 China Apple Vivo

TSMC says it will raise 2025 capital spending to $38B-$40B, an over 30% increase after three years of stagnation (t.co)
2025-1-16

Boom in new jobs dampens chance of early-year rate cut (www.watoday.com.au)
2025-1-16

Mistral announces a content deal with the Agence France-Presse to improve answer accuracy in Le Chat, marking the French AI startup's first such partnership (techcrunch.com)
2025-1-16 France Startup AI

Why a truce in Gaza will not bring peace to Australian politics (www.watoday.com.au)
2025-1-16 Australia

Western Sydney man charged with threats to kill Jewish leaders (www.watoday.com.au)
2025-1-16 Sydney

Joe Biden plans to issue a cybersecurity EO to improve the way the government monitors its networks, buys software, uses AI, and punishes foreign hackers (www.wired.com)
2025-1-16 AI

Would you eat meat grown in stainless-steel tanks? (www.smh.com.au)
2025-1-16

Deep in Amish country, women in white hats and aprons churn out Pepe Saya butter (www.smh.com.au)
2025-1-16

Google agreed to buy 100K tons of CO2 removal credits from Indian startup Varaha for an undisclosed sum, marking its first deal with a carbon project in India (techcrunch.com)
2025-1-16 India Google Startup

Zac Leigh was locked out of a Tame Impala gig. Now he's raised $8m (www.smh.com.au)
2025-1-16

Four current Meta employees, citing internal discussions, say the actual number of full-time staff who will have to relocate from California to Texas is limited (www.wired.com)
2025-1-16 California Texas

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