TechCrunch Daily Crunch

US appeals court upholds TikTok ban

4 snips
Dec 7, 2024
A federal appeals court decision could lead to a TikTok ban in the U.S., raising questions about its ties to Chinese ownership and political financing. Meanwhile, Meta reveals its new Llama model, boasting enhanced efficiency in the AI realm. The conversation also explores the latest trends in startup investments and venture capital, sparking curiosity about the future landscape of technology.
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INSIGHT

TikTok Ban Upheld

  • A US appeals court upheld a law potentially banning TikTok unless it separates from Chinese ownership.
  • TikTok plans to appeal to the Supreme Court, citing free speech and liberty concerns.
INSIGHT

Musk's Political Donations

  • Elon Musk donated over $260 million to political groups in 2024, primarily supporting Donald Trump.
  • This made Musk the largest donor, potentially influencing deregulation favoring his companies.
INSIGHT

Meta's New Llama Model

  • Meta launched Llama 3.370B, a more efficient version of its large language model.
  • It outperforms competitors like Google's Gemini, OpenAI's GPT-40, and Amazon's Nova Pro on benchmarks.
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