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- Parler offered Trump’s company 40% ownership of the app. Parler and the Trump Organization held talks that would have given Trump’s company a major stake in Parler in exchange for the president making it his go-to social media platform, BuzzFeed News reported Friday.
- Dogecoin jumped after Elon Musk tweeted about the cryptocurrency. The digital currency hit an all-time high of $0.065448, up about 35% from its 24-hour low of $0.048356.
- Gab’s CEO says Trump doesn’t use the platform. Reports had wrongly suggested that President Trump had returned to social media.
- Leaked smartphone app data pinpoints individuals at the US Capitol riots. The New York Times obtained data containing around 100,000 location pings for thousands of smartphones, putting 130 phones inside the Capitol during the insurrection.
- Microsoft will pause political giving through 2022. The company has determined it will only suspend contributions to federal legislators who opposed certifying President Joe Biden’s win, as well as state officials and organizations that supported overturning the vote.
- Mark Zuckerberg made a surprise cameo on Clubhouse. Like Tesla CEO Elon Musk before him, Zuckerberg jumped on Clubhouse to participate in “The Good Time Show,” a talk show on Clubhouse.
- TikTok users are being warned against risky stock tips. The UK’s Financial Conduct Authority warned about “promising high-return investments.”
- Exclusive: Amazon insiders are betting Peter DeSantis will be the next AWS CEO. Most Amazon employees said they were caught off guard by the CEO change, learning about it only when Bezos emailed the whole company as the news was being announced on Tuesday in the company’s fourth-quarter earnings announcement.
- Exclusive: Snapchat’s teen users are being extorted. Former Snap employees, child-safety advocates, sextortion victims, and a US senator told Insider that Snapchat is not doing enough to help young sextortion victims, who often don’t know where to turn.
- European venture cash is flooding into grocery delivery. Investors are betting that an industry with historically poor margins can be profitable for apps operating at scale.