A plan to keep TikTok available in the U.S. "involves tapping software company Oracle and a group of outside investors," reports NPR, "to effectively take control of the app's global operations, according to two people with direct knowledge of the talks..."

"[P]otential investors who are engaged in the talks include Microsoft." Under the deal now being negotiated by the White House, TikTok's China-based owner ByteDance would retain a minority stake in the company, but the app's algorithm, data collection and software updates will be overseen by Oracle, which already provides the foundation of TikTok's web infrastructure... "The goal is for Oracle to effectively monitor and provide oversight with what is going on with TikTok," said the person directly involved in the talks, who was not authorized to speak publicly about the deliberations. "ByteDance wouldn't completely go away, but it would minimize Chinese ownership...." Officials from Oracle and the White House held a meeting on Friday about a potential deal, and another meeting has been scheduled for next week, according to the source involved in the discussions, who said Oracle is interested in a TikTok stake "in the tens of billions," but the rest of the deal is in flux...

Under a law passed by Congress and upheld by the Supreme Court, TikTok must execute what is known as "qualified divestiture" from ByteDance in order to stay in business in the U.S... A congressional staffer involved in talks about TikTok's future, who was not authorized to speak publicly, said binding legal agreements from the White House ensuring ByteDance cannot covertly manipulate the app will prove critical in winning lawmakers' approval. "A key part is showing there is no operational relationship with ByteDance, that they do not have control," the Congressional staffer said. "There needs to be no backdoors where China can potentially gain access...."

Chinese regulators, who have for years opposed the selling of TikTok, recently signaled that they would not stand in the way of a TikTok ownership change, saying acquisitions "should be independently decided by the enterprises and based on market principles." The statement, at first, does not seem to say much, but negotiators in the White House believe it indicates that Beijing is not planning to block a deal that gives American investors a majority-stake position in the company.
"Meanwhile, Apple and Google still have not returned TikTok to app stores..."

2021: "Automotive Startup Canoo Debuts a Snub-Nosed Electric Pickup"
2025: Canoo "Goes Belly-Up After Moving to Texas"

"Its production volumes paled in comparison to Canoo's rate of cash burn, which was substantial, with net losses in 2023 totaling just over $300 million..." reports AutoWeek. "It was able to deliver small batches of vans to a few customers, but apparently remained distant from anything approaching volume production."

"Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car," remembers SFGate. "Now, just months after yanking its headquarters from Los Angeles County to Texas, the company has gone belly-up." In its four-year span as a public company, Canoo battled investor lawsuits, Securities and Exchange Commission charges, executive departures and a mixed reception of its cars. Auto tech blogger Steven Symes recently likened Canoo's cargo-style van to an "eraser on wheels."
"Canoo is the latest EV startup to go bankrupt after merging with a special purpose acquisition company (SPAC) as a shortcut to going public," notes TechCrunch. "Electric Last Mile Solutions was the first in June 2022. But since then, Fisker, Lordstown Motors, Proterra, Lion Electric, and Arrival all filed for different levels of bankruptcy protection in their various home countries." In the years since it went public, [Canoo] made a small number of its bubbly electric vans and handed them over to partners — some paying — willing to trial the vehicles. The U.S. Postal Service, Department of Defense, and NASA all have or had Canoo vehicles.

TikTok is still not available for download from U.S.-based app stores, reports CBS News. So "Some fast-acting entrepreneurs are selling phones with TikTok preloaded on devices for thousands of dollars online." The Associated Press notes that New York-based Nicholas Matthews "listed an iPhone 14 Plus with TikTok for $10,000. As of Friday, Matthews said his highest bid was for $4,550."

Another example from The New York Times: An information technology engineer, Mr. Gustab listed his iPhone 15 Pro with TikTok downloaded onto it for $3,000 on Facebook Marketplace. That's about three times the cost of a brand-new iPhone 16 Pro. On Thursday night, he had an offer for $1,200, still more than almost every brand-new iPhone and nearly twice as much as a refurbished iPhone 15 Pro without TikTok.
Business Insider reports the search term iPhone TikTok "yielded more than 45,000 results" on eBay...

"For years, renewable energy proponents have hoped to build a U.S. electric grid powered by wind, solar, geothermal and — to a lesser extent — nuclear power..." writes the Washington Post. In America's power markets "the economics of clean energy are strong," with renewable energy cheaper than fossil fuel plants in many jurisdictions.

But the Post spoke to the "electricity modeling" director at nonpartisan clean energy think tank Energy Innovation, who offered this assessment. "The technology is ready, and the financial services are ready — but the question nobody really put enough thought into was, could the government keep up? And at the moment, the answer is no." [R]enewable developers say that the new technologies are stymied by complicated local and federal regulations, a long wait to connect to the electricity grid, and community opposition... "The U.S. offshore wind business is at a very nascent stage versus Europe or China," Rob Barnett, a senior analyst at Bloomberg Intelligence, said in an email. "With the new permitting pause, it's doubtful much progress for this emerging industry will be made...." After the Inflation Reduction Act passed, Rhodium Group — an independent clean energy research firm — estimated that between 2023 and 2025, on average, the country would add between 36 and 46 gigawatts of clean electricity to the grid every year. Late last year, however, the group found that the country only installed around 27 gigawatts in 2023. The U.S.'s renewable growth is now expected to fall on the low end of that range — or miss it entirely.

"It actually is really hard to build a lot of this stuff fast," said Trevor Houser, partner in climate and energy at Rhodium Group. As a result, Rhodium found, the country only cut carbon emissions by 0.2 percent in 2024... A significant amount of this lag has come from wind power, where problems with supply chains and getting permits and approval to build has put a damper on development. But solar construction is also on the low end of what experts were expecting...

Developers point to lags in the interconnection queue — a system that gives new solar, wind or fossil fuel projects permission to connect to the larger electricity grid. According to a report from Lawrence Berkeley National Laboratory, it can now take nearly 3 years for a project to get through the queue. The grid operator that covers the Mid-Atlantic and parts of the Midwest, PJM, had over 3,300 projects in its queue at the end of 2023. The vast majority of these applications are for renewables — more than the entire number of active wind farms in the nation... There are possible solutions. Some developers hope to reuse old fossil fuel sites, like coal plants, that are already connected to the grid — bypassing the long queue entirely. The Federal Energy Regulatory Commission has instated new rules to make it easier to build transmission lines.
Part of the problem is that wind and solar facilities "sometimes need to be built hundreds or even thousands of miles away" — requiring long transmission lines. Sandhya Ganapathy, CEO of EDP Renewables North America, tells the Post that in America, "The grid that we have was never designed to handle this kind of load." And yet last year just 255 miles of new transmission line were built in the U.S., according to the American Clean Power Association. And Ganapathy also complains that approval for a new renewable energy project takes "anywhere between six to eight years" — which makes developers hesitant to build. "Why are we taking a big risk of a massive investment if I will not be able to sell the electrons?"

The end result? The Washington Post writes that "Experts once hoped that by the end of the decade the United States could generate up to 80 percent of its power with clean power... Now, some wonder if the country will be able to reach even 60 percent."

An anonymous reader quotes a report from Reuters: A U.S. auto safety agency said on Friday it is reconsidering a landmark rule from the administration of former President Joe Biden requiring nearly all new cars and trucks by 2029 to have advanced automatic emergency braking systems. The National Highway Traffic Safety Administration said it would delay the effective date to March 20 to give the new Trump administration time to further review the regulation.

The Alliance for Automotive Innovation, representing General Motors, Toyota Motor, Volkswagen and other automakers, last week filed suit to block the rule, saying the regulation is "practically impossible with available technology." The group asked the U.S. Court of Appeals for the District of Columbia to overturn the rule, saying the requirement that cars and trucks must be able to stop and avoid striking vehicles in front of them at up to 62 miles per hour (100 kph) is unrealistic. It unsuccessfully asked NHTSA last year to reconsider the rule. Come 2029, all cars sold in the U.S. "must be able to stop and avoid contact with a vehicle in front of them at speeds up to 62 mph," reports Car and Driver."

"Additionally, the system must be able to detect pedestrians in both daylight and darkness. As a final parameter, the federal standard will require the system to apply the brakes automatically up to 90 mph when a collision is imminent, and up to 45 mph when a pedestrian is detected."

According to the NHTSA, the rule will save at least 360 lives annually and prevent more than 24,000 injuries.

Non-fungible tokens and memecoins are neither securities nor commodities, according to White House crypto czar David Sacks. Instead, he defines them as "collectibles." From a report: "It's like a baseball card or a stamp," Sacks said in an interview with Fox Business on Thursday, referencing Trump's explosively popular memecoin. "People buy it because they want to commemorate something."

The famous venture capitalist's comments touched on a long-running debate about the crypto industry in general: how exactly to treat different digital assets. Some argue that digital assets are securities, which are tradable financial assets like stocks. But others say they're commodities, or raw materials that can be bought and sold, like gold and wheat. The classification differences have vast regulatory implications. "There's a few different categories here, so defining the market structure is important," said Sacks.

Walgreens Boots Alliance has ended a $200 million digital display venture with startup Cooler Screens after widespread technical failures and poor revenue, removing thousands of smart screens from its store freezer doors [non-paywalled link]. The screens, which displayed product information and ads, frequently crashed, showed incorrect inventory, and occasionally caught fire, Bloomberg reports.

Cooler Screens CEO Arsen Avakian cut data feeds to over 100 Chicago-area stores in December 2023 during a contract dispute, prompting Walgreens to obtain a restraining order. Walgreens completed removal of 10,300 screens from 700 stores in August 2024, replacing them with traditional glass doors. The screens generated just $215 per door annually, less than half the contractual minimum, according to Walgreens. Nearly $50 million worth of custom-made screens now sit unused in a Texas warehouse.

Sony will cease production of recordable Blu-ray discs at its last factory in February, ending an 18-year manufacturing run amid declining demand for physical media. The Japanese electronics giant will also halt production of MiniDiscs and MiniDV cassettes. The company had already stopped making consumer recordable Blu-ray and optical disks in mid-2024, maintaining production only for business clients.

Meta plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology. From a report: As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a significant part of Manhattan. The company -- one of the largest customers of Nvidia's coveted artificial intelligence chips -- plans to end the year with more than 1.3 million graphics processors.

"This will be a defining year for AI," Zuckerberg said in a Facebook post. "This is a massive effort, and over the coming years it will drive our core products and business." Zuckerberg expects Meta's AI assistant -- available across its services, including Facebook and Instagram -- to serve more than 1 billion people in 2025, while its open-source Llama 4 would become the "leading state-of-the-art model."

Google will take firmer action against British businesses that use fake reviews to boost their star ratings on the search giant's reviews platform. From a report: The UK's Competition and Markets Authority (CMA) announced on Friday that Google has agreed to improve its processes for detecting and removing fake reviews, and will take action against the businesses and reviewers that post them.

This includes deactivating the ability to add new reviews for businesses found to be using fake reviews, and deleting all existing reviews for at least six months if they repeatedly engage in suspicious review activity. Google will also place prominent "warning alerts" on the Google profiles of businesses using fake reviews to help consumers be more aware of potentially misleading feedback. Individuals who repeatedly post fake or misleading reviews on UK business pages will be banned and have their review history deleted, even if they're located in another country.

Chinese venture capital and private equity firm HongShan, formerly part of Sequoia, said on Friday it has struck a deal to acquire a majority stake in Marshall in a deal valuing the audio equipment maker at $1.15 billion.

An anonymous reader quotes a report from Ars Technica: When threat actors use backdoor malware to gain access to a network, they want to make sure all their hard work can't be leveraged by competing groups or detected by defenders. One countermeasure is to equip the backdoor with a passive agent that remains dormant until it receives what's known in the business as a "magic packet." On Thursday, researchers revealed that a never-before-seen backdoor that quietly took hold of dozens of enterprise VPNs running Juniper Network's Junos OS has been doing just that. J-Magic, the tracking name for the backdoor, goes one step further to prevent unauthorized access. After receiving a magic packet hidden in the normal flow of TCP traffic, it relays a challenge to the device that sent it. The challenge comes in the form of a string of text that's encrypted using the public portion of an RSA key. The initiating party must then respond with the corresponding plaintext, proving it has access to the secret key.

The lightweight backdoor is also notable because it resided only in memory, a trait that makes detection harder for defenders. The combination prompted researchers at Lumin Technology's Black Lotus Lab to sit up and take notice. "While this is not the first discovery of magic packet malware, there have only been a handful of campaigns in recent years," the researchers wrote. "The combination of targeting Junos OS routers that serve as a VPN gateway and deploying a passive listening in-memory only agent, makes this an interesting confluence of tradecraft worthy of further observation." The researchers found J-Magic on VirusTotal and determined that it had run inside the networks of 36 organizations. They still don't know how the backdoor got installed.

The World Economic Forum's Global Risks Report 2025 (PDF) highlights misinformation as the top global risk due to generative AI tools and state-sponsored campaigns undermining democratic systems, while cyberespionage ranks as a persistent threat with inadequate cyber resilience, especially among small organizations. From a report: The manipulation of information through gen AI and state-sponsored campaigns is disrupting democratic systems and undermining public trust in critical institutions. Efforts to combat this risk have a "formidable opponent" in gen AI-created false or misleading content that can be produced and distributed at scale, the report warned. Misinformation campaigns in the form of deepfakes, synthetic voice recordings or fabricated news stories are now a leading mechanism for foreign entities to influence "voter intentions, sow doubt among the general public about what is happening in conflict zones, or tarnish the image of products or services from another country." This is especially acute in India, Germany, Brazil and the United States.

Concern remains especially high following a year of the so-called "super elections," which saw heightened state-sponsored campaigns designed to manipulate public opinion. But while it has become increasingly difficult to distinguish AI-generated fake content from human-generated one, AI technologies, in itself, is low in WEF's risk ranking. In fact, it has declined in the two-year outlook, from 29 in last year's report to 31 this year.

Cyberespionage and warfare continue to be a reason for unease for most organizations, ranked fifth in the global risk landscape. According to the report, one in three CEOs cited cyberespionage and intellectual property theft as their top concerns in 2024. Seventy-one percent of chief risk officers say cyber risk and criminal activity such as money laundering and cybercrime could severely impact their organizations, while 45% of cyber leaders are concerned about disruption of operations and business processes, according to WEF's Global Cybersecurity Outlook 2025 report. The rising likelihood of threat actor activity and sophisticated technological disruption is listed as immediate concerns among security leaders.

President Trump signed an executive order on Thursday that "sets a federal agenda meant to move U.S. digital assets businesses into friendly oversight," reports CoinDesk. The order creates a cryptocurrency working group tasked with proposing a new regulatory framework for digital assets. It will be "made up of the Treasury secretary, attorney general and chairs of the Securities and Exchange Commission and Commodity Futures Trading Commission, along with other agency heads," notes Reuters.

The directive also explores the creation of a "national digital asset stockpile," orders protections for banking services for crypto companies, and bans the creation of central bank digital currencies which could compete with existing cryptocurrencies.

Bruce Schneier and Nathan E. Sanders, writing in a post: Someone who makes calculus mistakes is also likely to respond "I don't know" to calculus-related questions. To the extent that AI systems make these human-like mistakes, we can bring all of our mistake-correcting systems to bear on their output. But the current crop of AI models -- particularly LLMs -- make mistakes differently.

AI errors come at seemingly random times, without any clustering around particular topics. LLM mistakes tend to be more evenly distributed through the knowledge space. A model might be equally likely to make a mistake on a calculus question as it is to propose that cabbages eat goats. And AI mistakes aren't accompanied by ignorance. A LLM will be just as confident when saying something completely wrong -- and obviously so, to a human -- as it will be when saying something true. The seemingly random inconsistency of LLMs makes it hard to trust their reasoning in complex, multi-step problems. If you want to use an AI model to help with a business problem, it's not enough to see that it understands what factors make a product profitable; you need to be sure it won't forget what money is.

[...] Humans may occasionally make seemingly random, incomprehensible, and inconsistent mistakes, but such occurrences are rare and often indicative of more serious problems. We also tend not to put people exhibiting these behaviors in decision-making positions. Likewise, we should confine AI decision-making systems to applications that suit their actual abilities -- while keeping the potential ramifications of their mistakes firmly in mind.

An anonymous reader quotes a report from Reuters: E-commerce giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said on Wednesday, prompting Ottawa to express its unhappiness. The online retailer will phase out operations across seven sites in the province -- the only location in Canada with unionized Amazon employees -- over the next two months. It will return to a third-party delivery model, relying on local small businesses, similar to its approach before 2020. "Following a recent review of our Quebec operations, we've seen that returning to a third-party delivery model ... will allow us to provide even more savings to our customers," Amazon spokesperson Barbara Agrait said. The move will affect approximately 250 seasonal workers. Amazon will offer affected employees a package including up to 14 weeks' pay and "transitional benefits such as job placement resources," Agrait added.

"This is not the way business is done in Canada," said Federal Innovation Minister Francois-Philippe Champagne.

"There is no doubt that the closings announced today are part of an anti-union campaign against CSN and Amazon employees," said CSN president Caroline Senneville in a statement. "This move contradicts the provisions of the Quebec Labour Code, which we will strongly oppose," Senneville added.

Salesforce CEO Marc Benioff said Wednesday that current business leaders may be the last generation to manage an exclusively human workforce, as AI transforms the workplace. "We are really moving into a world now of managing humans and agents together," he told Axios.

His company's Agentforce platform, launched in September, has taken over many customer support tasks, prompting plans to move support staff into sales roles. Speaking to Axios at the World Economic Forum, Benioff dismissed Microsoft's AI CoPilot as disappointing and promised to defend his employees against discrimination amid political debates over corporate diversity programs.

Netflix will raise prices on most U.S. and Canadian subscription tiers after adding a record 19 million subscribers in the fourth quarter of 2024, bringing its global total to 302 million users.

The standard plan without ads will increase to $17.99 from $15.49, while its premium tier rises $2 to $24.99. The ad-supported tier will cost $7.99, up $1. The streaming service's quarterly revenue topped $10 billion for the first time, jumping 16%, while operating income rose 52% to $2.3 billion. The company credited recent successes including the Mike Tyson-Jake Paul boxing match and "Squid Game" season two for the subscriber surge.

Alphabet's Google is backing AI developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI. From a report: The new funding comes in addition to more than $2 billion that Google has already invested in Anthropic, according to a person familiar with the deal, who asked not to be named discussing a private matter. Google has a business agreement with Anthropic that covers the use of a suite of online tools and services.

Amazon counts among its biggest backers. San Francisco-based Anthropic is best known for its Claude family of large language models, which compete with OpenAI's GPT. Like its peers, the company has been raising significant sums to sustain investment in expanding its computing capabilities and keep pace in a race to advance AI. The new deal comes weeks after Bloomberg News reported that Anthropic is in advanced talks to raise $2 billion in a funding round led by Lightspeed Venture Partners that would value the startup at $60 billion.

An anonymous reader quotes an op-ed from 404 Media's Jason Koebler: If it wasn't already obvious, the last 72 hours have made it crystal clear that it is urgent to build and mainstream alternative, decentralized social media platforms that are resistant to government censorship and control, are not owned by oligarchs and dominated by their algorithms, and in which users own their follower list and can port it elsewhere easily and without restriction. [...] Mastodon's ActivityPub and Bluesky's AT.Protocol have provided the base technology layer to make this possible, and have laid important groundwork over the last few years to decorporatize and decentralize the social internet.

The problem with decentralized social media platforms thus far is that their user base is minuscule compared to platforms like TikTok, Facebook, and Instagram, meaning the cultural and political influence has lagged behind them. You also cannot directly monetize an audience on Bluesky or Mastodon -- which, to be clear, is a feature, not a bug -- but also means that the value proposition for an influencer who makes money through the TikTok creator program or a small business that makes money selling chewing gum on TikTok shop or a clothes brand that has figured out how to arbitrage Instagram ads to sell flannel shirts is not exactly clear. I am not advocating for decentralized social media to implement ads and creator payment programs. I'm just saying that many TikTok influencers were directing their collective hundreds of millions of fans to follow them to Instagram or YouTube, not a decentralized alternative.

This doesn't mean that the fediverse or that a decentralized Instagram or TikTok competitor that runs on the AT.Protocol is doomed. But there is a lot of work to do. There is development work that needs to be done (and is being done) to make decentralized protocols easier to join and use and more interoperable with each other. And there is a massive education and recruitment challenge required to get the masses to not just try out decentralized platforms but to earnestly use them. Bluesky's growing user base and rise as a legitimately impressive platform that one can post to without feeling like it's going into the void is a massive step forward, and proof that it is possible to build thriving alternative platforms. The fact that Meta recently blocked links to a decentralized Instagram alternative shows that big tech sees these platforms, potentially, as a real threat. "This is all to say that it is possible to build alternatives to Elon Musk's X, Mark Zuckerberg's Instagram, and whatever TikTok will become," concludes Koebler. "It is happening, and it is necessary. The richest, most powerful people in the world have all aligned themselves and their platforms with Donald Trump. But their platforms' relevance and importance doesn't necessarily have to last forever. A different way is possible, if we build it."

Further reading: 'The Tech Oligarchy Arrives' (The Atlantic)