Marta Balaga / Variety: Omdia: by the end of 2024, TikTok generated ~$8B in ad revenue in the US and $63.3B globally, and surpassed 1.9B MAUs globally, including 145M MAUs in the US — By the end of 2024, TikTok has generated approximately $8 billion in ad revenue in the U.S. Lees verder op Tech Meme
Lauren Feiner / The Verge: ByteDance-owned video editing app CapCut is now working in the US, but is still not in app stores, after Trump signed an EO attempting to pause the TikTok ban — CapCut, the ByteDance-owned video editing app that’s subject to the same ban as TikTok, is working again in the US. Lees verder op Tech Meme
Krisztian Sandor / CoinDesk: Circle, which issues the USDC stablecoin, acquired Hashnote; rwa.xyz data: Hashnote’s USYC token last year become the largest tokenized US Treasury product — Circle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote. Lees verder op Tech Meme
Aisha Malik / TechCrunch: Meta will soon let users link WhatsApp accounts with Instagram and Facebook, allowing cross posts of WhatsApp Statuses as Stories on Instagram and Facebook — Meta announced on Tuesday that users will soon be able to add their WhatsApp account to their Accounts Center … Lees verder op Tech Meme
Eleanor Olcott / Financial Times: Huawei seeks to grab AI chip market share in China, challenging Nvidia by positioning its latest Ascend AI processors as the hardware of choice for inference — Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasks Lees verder op Tech Meme
Todd Spangler / Variety: Amazon’s IMDb says founder Col Needham will step down as CEO and move to executive chair, and appoints COO Nikki Santoro as CEO; Needham launched IMDb in 1990 — Col Needham, who founded of entertainment info site IMDb in 1990, is stepping aside as CEO of the Amazon-owned property. Lees verder op Tech Meme
James Hunt / The Block: MicroStrategy bought 11K bitcoin for ~$1.1B from January 13 to 20, at an average of $101,191 per BTC, taking its holding to 461K, 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
Counterpoint Research: Chinese smartphone sales fell 3.2% YoY in Q4 2024, the only negative quarter in 2024; Apple fell 18.2% to a 17.1% share and Huawei rose 15.5% to an 18.1% 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
Anna Gross / Financial Times: The UK debuts digital driving licenses and veteran ID cards, launching in 2025 via the GOV.UK Wallet, and AI tools, nicknamed “Humphrey”, to help civil servants — New app will also include documents showing criminal record checks and proof of eligibility for state benefits Lees verder op Tech Meme
Natalie Lung / Bloomberg: Grindr debuts two of six features set for 2025, including an opt-in AI chat summary, and says 10K US users are testing its AI-based “Wingman”, ahead of schedule — – LGBTQ dating brand hopes new features will drive engagement — Some additions will initially be free; may later be paywalled Lees verder op Tech Meme