Wed. 01/22 – The Galaxy S25 Lineup

Jan 22, 2025 15m

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All the headlines from today’s Samsung event, including the S25 lineup. The Silk Road creator gets a pardon. A huge joint venture for a new AI datacenter effort. Will Elon take half of TikTok and the US the other half? And guess what? Netflix is raising prices again.

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The Samsung Galaxy S25 Ultra smooths out some sharp edges (The Verge)
Trump Pardons Creator of Silk Road Drug Marketplace (NYTimes)
OpenAI teams up with SoftBank and Oracle on $500B data center project (TechCrunch)
'Stargate' Squares Some AI Circles (Spyglass/MG Siegler)
Trump Says He’s Open to Elon Musk or Larry Ellison Purchasing TikTok (Bloomberg)
Meta Plans Oakley-Branded Glasses, Explores Watches and Earbuds (Bloomberg)
Meta will soon let you link your WhatsApp account with Instagram and Facebook (TechCrunch)
Netflix Adds 19 Million Subscribers in Latest Quarter (NYTimes)

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AI-Generated Summary

Samsung Unveils Galaxy S25 Lineup

Samsung's unpacked event showcased the Galaxy S25 lineup, focusing on the flagship S25 Ultra which features a redesigned look with rounded corners and flat edges, sporting a Snapdragon 8 Elite processor, a new ultra-wide camera with improved image processing, and a price point starting at $1299. The S25 lineup includes the basic S25 and S25 Plus with prices starting at $799.99 and $999.99 respectively. The new models are noted for their longer OS updates and security patches, enhancing consumer confidence in device longevity.

Ross Ulbricht's Pardon

President Trump granted a pardon to Ross Ulbricht, founder of the notorious Silk Road marketplace, reflecting his campaign promises to the crypto community. The podcast recaps Ulbricht's controversial legacy, highlighting his role in cryptocurrency's early years, his life sentence for serious internet-related crimes, and mentions the ongoing support for his release from the crypto community.

AI Data Center Project Announcement

A massive investment in AI infrastructure was announced with OpenAI, Softbank, and Oracle forming a $500 billion joint venture named the Stargate Project. Key figures, including Masayoshi Son and Sam Altman, will lead this initiative aimed at enhancing U.S. AI capabilities. The project underscores the commitment to this sector amid speculations about AI bubbles.

Potential TikTok Acquisition Ventures

Trump expressed openness to proposals involving Elon Musk or Larry Ellison acquiring TikTok, suggesting a joint venture that includes U.S. government ownership. Various investors are lining up to bid on TikTok, including notable figures like Jesse Tinsley and Kevin O'Leary, who aim to expand the platform while satisfying security and operational concerns.

Netflix's Earnings and Price Increase

Netflix reported a significant revenue increase, adding 19 million subscribers in Q4 2024, leading to a stock jump. In turn, Netflix announced another price hike for its various subscription tiers. The discussion touches on Netflix's shifting focus towards ad revenue and live programming to adapt to an evolving streaming market.