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Top stories today:
- DOGE strategy revealed: 2 members per department, small tech team
- Blue Origin scrubs 1st New Glenn rocket launch due to technical issue
- Meta, Amazon end DEI programs ahead of Trumpās comeback
- Supreme Court signals likelihood of upholding TikTok ban in U.S.
- Apple said to update lower-end Watch SE with new look in 2025
- China corporate profits set for 3rd year of declines
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of the few hallucinations):
1. DOGE strategy revealed: 2 members per department, small tech team, communication via Signal
Brad Smith and Steve Davis are leading DOGEās broader effort with Elon Musk and Vivek Ramaswamy.
Matt Luby, Ramaswamyās chief of staff; Joanna Wischer, a Trump campaign official; and Rachel Riley, a McKinsey partner close to Smith, are also involved.
6-months voluntary stints.
80-hour workweek requirement requested by Elon Musk.
50 staffers already; 100 aimed by inauguration, 200 in total.
Special government employee status for some members, including Musk.
The DOGE team that includes paid engineers is largely working out of SpaceXās Washington D.C. downtown office.
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3. Blue Origin scrubs 1st New Glenn rocket launch due to technical issue
TBD: when Blue Origin will attempt again.
āWeāre standing down on todayās launch attempt to troubleshoot a vehicle subsystem issue that will take us beyond our launch window. Weāre reviewing opportunities for our next launch attempt.ā
4. Meta, Amazon end DEI programs ahead of Trumpās second White House term
