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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

CHINA DISCUSSES SALE OF TIKTOK US TO MUSK AS ONE POSSIBLE OPTION

Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok. The plan involves X taking control of the platform and running the businesses together. It is unclear whether Musk, TikTok, or ByteDance have held any talks about the terms of any possible deal. TikTok may no longer be in ByteDance's sole control. Chinese officials recognize that they will face tough negotiations with the Trump administration, so they see the TikTok negotiations as a potential area for reconciliation.

US COURT ORDERS SEC TO EXPLAIN WHY IT DENIED COINBASE'S REQUEST FOR CRYPTO-SPECIFIC RULES

The U.S. Court of Appeals has ordered the SEC to explain its denial of Coinbase's request for crypto-specific regulations, citing the agency's reasoning as “arbitrary and capricious.” While the court did not require the SEC to draft new rules, it emphasized the need for clearer justification, especially given the challenges of applying old regulations to new tech like crypto.

USERS WORRIED ABOUT TIKTOK BAN APPEAR TO BE DOWNLOADING A DIFFERENT CHINESE SOCIAL MEDIA APP

Chinese social media app RedNote is at the top of Apple's app store. RedNote is often thought of as the Chinese equivalent of Instagram. The company was founded in 2013 and had about 300 million monthly active users in July 2024. It was valued at $17 billion in July - it has raised over $900 million in total funding and has more than 2,000 employees. Many TikTok creators are rushing to find an alternative platform where they can keep posting videos while waiting to see what happens with TikTok, which faces a potential ban on January 19.

STARLINK IS NOW CHEAPER THAN LEADING INTERNET PROVIDER IN SOME AFRICAN COUNTRIES

Starlink, now available in more than 100 countries, is cheaper than the leading fixed internet service provider in at least five of the 16 African countries where the service is available. The company does not offer fixed rates - it instead adjusts prices to reflect market conditions. Its satellites are able to provide services where ground-based internet infrastructure is sparse or nonexistent. Starlink has disrupted the existing internet service provider industry in Kenya, where it became so popular that the company had to pause new subscriptions due to network overload.

BEZOS' HUGE NEW ROCKET LAUNCH SHUT DOWN MINUTES BEFORE LIFTOFF

Blue Origin was scheduled to lift off yesterday morning but the mission was scrubbed right before it was scheduled to launch. The company is now troubleshooting a vehicle subsystem issue and reviewing opportunities for its next launch. Blue Origin still has until January 16 to launch before the currently approved launch window elapses. Its New Glenn rocket has faced many setbacks during its over a decade of development.

THE PYTORCH DEVELOPER'S GUIDE TO JAX FUNDAMENTALS

JAX is a high-performance numerical computing library with a NumPy-like API. While many PyTorch users have heard about JAX, there are not that many straightforward, easy-to-follow tutorials. This tutorial helps readers understand the basics of JAX by connecting its concepts to PyTorch building blocks. It explores the basics of the JAX ecosystem from the PyTorch user and guides users through how to train a simple neural network with JAX and PyTorch.

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