Techmeme River

Friday, March 14, 2025

11:55 PM

A look at some standout startups from YC's W25 Demo Day, which showcased 160 companies, including several creating tools to enhance other companies' AI agents

TechCrunch

11:50 PM

Clearwater Analytics agrees to acquire Beacon, a capital markets developer platform, for $560M, and Bistro, Blackstone's portfolio visualization tool, for $125M

FinTech Futures

11:40 PM

Orlando-based Worth, whose tech lets fintechs, banks, and enterprises underwrite SMBs by automating KYC, fraud verification, and more, raised a $20M seed

TechCrunch

9:20 PM

Meta debuts the highly requested Passthrough Camera API for Quest 3/3S as an experimental feature; developers can't ship apps with the API on Horizon Store yet

UploadVR

8:35 PM

The NIST's new directive to AI Safety Institute partners scrubs mentions of “AI safety” and “AI fairness” and prioritizes “reducing ideological bias” in models

Wired

6:40 PM

Streamers court YouTubers for new shows or spinoffs; sources: Amazon made $100M+ in profit on Beast Games and Netflix held talks with Dude Perfect for a series

Wall Street Journal

6:15 PM

Email: Amazon says Echo users won't be able to set their devices to process Alexa requests locally, as new generative AI features need processing in the cloud

Ars Technica

6:05 PM

Sources: Ubisoft explores selling a stake in a new entity holding IP like Assassin's Creed to investors including Tencent, at a higher valuation than Ubisoft

Bloomberg

5:35 PM

Delaying a revamped Siri may be embarrassing for Apple, but rushing an update with half-baked features could have created a real crisis for the company

9to5Mac

5:05 PM

Klarna reports 2024 revenue up 24% YoY to $2.81B, a net profit of $21M, compared with a net loss of $244M a year ago, and 93M active consumers

Axios

5:00 PM

Klarna files for a US IPO, with plans to list on the NYSE under KLAR, seeking to raise at least $1B and reportedly targeting a valuation of more than $15B

Bloomberg

4:40 PM

Block says it is expanding consumer lending through Cash App Borrow after obtaining FDIC approval to issue loans out of its subsidiary Square Financial Services

CNBC

4:25 PM

The UK held a hearing for Apple's legal battle with the government over providing a backdoor in its Advanced Data Protection service, without the media present

The Guardian

3:45 PM

The GOP's Jim Jordan subpoenas Apple, Amazon, Meta, Microsoft, Nvidia, OpenAI, and 10 others over alleged Biden pressure to use AI to “censor lawful speech”

The Verge

3:05 PM

White House memo: David Sacks sold $200M+ in digital asset-related investments personally and via his firm, Craft Ventures, before starting his government job

CNBC

2:30 PM

Sources: an exec overseeing Siri told staff the delays were ugly, made worse by Apple publicly promoting the new features, and it's unclear when they will ship

Bloomberg

1:45 PM

Google says Gemini will replace Google Assistant on Android phones in 2025, except on phones with Android 9 or earlier and that don't have at least 2GB of RAM

9to5Google

1:10 PM

Hong Kong-based RedotPay, which aims to enable cryptocurrency use in everyday transactions, raised a $40M Series A led by Lightspeed Venture Partners

Cointelegraph

12:30 PM

Reddit will let users hide ads from a given advertiser account from their feeds for “at least a year”; some users report seeing a daily limit for hiding ads

Ars Technica

11:45 AM

Morgan Marquis-Boire, the once-celebrated hacker accused of sexual assaults in 2017, is the undisclosed co-founder of crypto intelligence firm Unciphered

Washington Post

10:55 AM

The US DOJ says Russian and Israeli national Rostislav Panev, accused of being a key LockBit ransomware gang developer, was extradited from Israel to the US

TechCrunch

10:40 AM

DocuSign reports Q4 revenue up 9% YoY to $776M, subscription revenue up 9% YoY to $758M, and net income up 206% YoY to $83.5M; DOCU closes up 14.81%

CNBC

10:25 AM

Following the EU and the US, China announces new rules requiring companies to label AI-generated material, either explicitly or via metadata, from September 1

Bloomberg

10:10 AM

Sources: DeepSeek and its hedge fund parent, High-Flyer Capital, forbid some R&D staff from traveling abroad freely, asking them to hand in their passports

The Information

8:55 AM

Sources: Russia is using bitcoin, ether, and stablecoins such as Tether in its oil trade with China and India to skirt Western sanctions

Reuters

7:55 AM

European authorities raided 21 addresses, arrested several people, and sealed two offices in the EU Parliament, as part of a spiraling bribery probe into Huawei

Politico

7:30 AM

Foxconn CEO Young Liu says “the attitude and the approach” of the US government toward tariffs has become a “big headache” for companies like Apple and Amazon

Financial Times

6:40 AM

The GSMA announces the latest RCS standard supports interoperable E2EE between platforms; Apple says it will add support for the standard in future OS updates

The Verge

6:15 AM

A US bankruptcy court lets 3AC raise its claim against FTX from $120M to $1.53B, despite FTX's objection that it was too late; 3AC originally filed in June 2023

The Block

5:45 AM

SoftBank plans to buy a former Sharp LCD panel plant in Osaka for ~$676M, sources say to turn it into a data center for jointly developing AI agents with OpenAI

TechCrunch

5:40 AM

Foxconn reports Q4 net profit down 13% YoY to ~$1.41B, below ~$1.65B est. and its first quarterly drop since Q2 2023, but projects strong Q1 2025 revenue growth

Reuters

4:05 AM

Two activist groups launch a legal challenge against the UK's bid to force Apple to create a data “backdoor”, arguing it would breach consumers' privacy rights

Financial Times

1:00 AM

DeepSeek spurred a Chinese asset manager AI arms race that could shake up China's $10T fund management industry, as firms expand AI research and adopt DeepSeek

Reuters

Thursday, March 13, 2025

11:25 PM

SoftBank, OpenAI to run AI agents at former Sharp LCD plant

Nikkei Asia

10:45 PM

Sources: DeepSeek has shown little intention to further commercialize its tech in the near term, instead focusing on model development and building AGI

Financial Times

9:40 PM

Terabase, which is developing robots and automated systems using AI tools to rapidly build solar farms, raised a $130M Series C led by SoftBank's Vision Fund 2

Financial Times

6:05 PM

Flock Safety, a maker of computer vision-enabled video surveillance tech for police and businesses, raised $275M at a $7.5B valuation, up from $4.8B a year ago

TechCrunch

4:40 PM

OpenAI calls DeepSeek “state-controlled” and recommends that the US ban “PRC-produced equipment and models that violate user privacy and create security risks”

TechCrunch

4:07 PM

Sources: Apple is planning an AirPods feature that will enable live translation of in-person conversations, coming in an update due later in 2025 tied to iOS 19

Bloomberg

3:50 PM

Google releases its proposal for the White House's AI Action Plan, arguing that “fair use and text-and-data mining exceptions” are “critical” to AI development

TechCrunch

3:05 PM

Crypto payments company MoonPay acquires Iron, an API-focused stablecoin infrastructure company, a source says for $100M+, after acquiring Helio in January 2025

The Block

2:05 PM

Nvidia is expected to announce the Rubin GPU family, named after female astrophysicist Vera Rubin and succeeding Blackwell, on March 18 at its GTC conference

CNBC

1:50 PM

Sources: Elon Musk visited the NSA and discussed staff reductions and operations with its leadership, after posting “the NSA needs an overhaul” on X last week

Wall Street Journal

1:40 PM

UiPath acquires Peak, which makes AI tools for pricing, inventory management, and more; Peak has raised $121M in total and reported ~£9M in revenue in 2023

TechCrunch

12:50 PM

Cohere debuts Command A, its latest generative AI model for agentic enterprise tasks, with a context length of 256K tokens and requiring just two A100s or H100s

VentureBeat

12:30 PM

Google makes Gems, its personalized Gemini chatbots, free for all users and offers a few premade Gems, like “Brainstormer”, “Career guide”, and “Coding partner”

Android Authority

12:25 PM

Adobe's stock closes down 13.85% as investors fret over lingering growth concerns, that it's falling behind some rivals, and losing its generative AI advantage

CNBC

12:20 PM

Google says Gemini can now personalize answers based on users' search history, an experimental feature for Gemini and Gemini Advanced subscribers on the web

The Verge

12:15 PM

Google says Gemini users can now try Deep Research for free in 45+ languages and the tool is now powered by its Gemini 2.0 Flash Thinking Experimental model

Engadget

12:05 PM

Google adds new developer tools and programs to simplify PC game porting to Android and makes Vulkan the official graphics API for Android, days before GDC 2025

Android Authority

11:55 AM

In a proposal for the White House's AI Action Plan, OpenAI calls for a strategy that preserves “American AI models' ability to learn from copyrighted material”

CNBC

11:20 AM

Sources: President Trump's World Liberty Financial has discussed doing business with Binance, including the possibility of developing a stablecoin with Binance

Bloomberg

11:15 AM

Microsoft announces Copilot for Gaming, available through the Xbox mobile app initially for Xbox Insiders and designed to work as a companion or gaming coach

The Verge

10:40 AM

GSR Ventures, one of the VC firms the US rebuked in 2024 over China investments, splits its China business from its US business, now renamed Informed Ventures

Axios

10:35 AM

A profile of new Intel CEO Lip-Bu Tan, an early investor in SMIC who has extensive ties to China and gained fame by helping turn around Cadence Design Systems

Wall Street Journal

10:30 AM

Sources: Oracle is a leading contender to help run TikTok US; ByteDance management prefers Oracle but wants to retain a hands-on role with TikTok's operations

The Information

10:15 AM

Omni, which offers data analysis tools, raised a $69M Series B led by ICONIQ Growth at a $650M valuation, bringing its total raised to $97M

TechCrunch

9:10 AM

Sources: President Trump's family representatives have held talks to take a stake in Binance US, and Changpeng Zhao has been pushing for Trump to pardon him

Wall Street Journal

8:45 AM

Roblox CEO Dave Baszucki tells parents that “if you're not comfortable, don't let your kids be on Roblox” and says “tens of millions” have positive experiences

BBC

8:30 AM

Meta says contributors won't be able to submit Community Notes on ads “to start with” but will be able to submit them on posts by politicians and public figures

Wednesday, March 12, 2025

11:00 PM

By previewing smarter Siri vaporware at WWDC and the iPhone 16 launch, Apple burned a reputation earned over decades for only promising actual working products

Daring Fireball

10:15 PM

UiPath shares fell over 15% after the company projected FY 2026 sales of $1.525B to $1.53B, vs. $1.58B estimates; PATH is down 51.6% over the past 12 months

MarketWatch

9:25 PM

D-Wave claims it has achieved “quantum supremacy” with its quantum annealing processors; some physicists say classical computers can achieve comparable results

Wall Street Journal

8:20 PM

An arbitrator instructs a former Meta employee to stop promoting and publishing her book alleging company misconduct; publisher Flatiron Books earlier objected

The Verge

7:05 PM

Google calls the passage of Utah's app store age-verification bill “concerning” and part of an effort by Meta and others to “offload” kids' safety to app stores

The Verge

6:35 PM

In its final decision report, the UK CMA finds that Apple and Google's mobile browser duopoly is “holding back innovation”, but offers no enforcement action

TechCrunch

5:50 PM

Sources: Supabase, which bills itself as an open-source alternative to Google's Firebase, is raising $100M+ led by Accel, valuing the startup at ~$2B

Bloomberg

5:30 PM

Indian police arrest Aleksej Besciokov, the co-founder of Garantex, a Russian crypto exchange sanctioned by the EU and the US, at the request of US authorities

TechCrunch

5:15 PM

French publishers and authors sue Meta for allegedly training AI on their books without consent, saying they have evidence of “massive” copyright breaches

Bloomberg

4:45 PM

Adobe reports Q1 revenue up 10% YoY to $5.71B, vs. $5.66B est., Digital Media revenue up 11% to $4.23B, and issues a disappointing outlook for Q2 revenue growth

Bloomberg

4:28 PM

Intel appoints former board member and chip industry veteran Lip-Bu Tan as its new CEO, effective March 18, and says he will rejoin the board; INTC jumps 10%+

Reuters

4:05 PM

Sources: the FTC moves ahead with an antitrust probe of Microsoft opened by Lina Khan, signaling that new Chair Andrew Ferguson prioritizes Big Tech scrutiny

Bloomberg

3:20 PM

Food delivery startup Wonder acquires media company Tastemade, sources say for ~$90M, the latest step in its effort to create a mealtime “super app”

Wall Street Journal

3:00 PM

Sources: Sonos has abandoned plans to release a streaming video player, which was set to be the company's major hardware launch in 2025

The Verge

2:45 PM

The FCC is creating a security council to bolster US defenses against cyberattacks and help it stay ahead of China in critical technologies, such as AI and 5G

Financial Times

2:30 PM

Sources: an Xbox-branded Asus handheld may debut this year as part of Microsoft's effort to unify Windows and Xbox into a universal library of Xbox and PC games

The Verge

2:10 PM

Snapchat introduces AI video Lenses, powered by Snap's in-house generative video model, available to subscribers of the $16/month Snapchat Platinum tier

TechCrunch

12:50 PM

The US FTC says it will meet the deadlines for its Amazon Prime deceptive practices case, hours after asking a judge for a delay due to staffing shortfalls

CNBC

11:55 AM

Investigation: AI-powered student monitoring tool Gaggle, used to track ~6M US students, isn't always secure, and there's no research showing it boosts safety

Associated Press

11:10 AM

Google DeepMind launches two AI models, Gemini 2.0-based Robotics and Robotics-ER, to help robots “perform a wider range of real-world tasks than ever before”

The Verge

10:55 AM

Binance says Abu Dhabi's MGX acquired a minority stake for $2B, the first institutional investment in the exchange and MGX's first entry into the crypto

Bloomberg

9:47 AM

Roomba maker iRobot warns of “substantial doubt” over its ability to continue operating, after Amazon abandoned a $1B+ takeover in January 2024; IRBT drops 35%+

Bloomberg

8:35 AM

Ditto, which aims to enable “resilient” edge device connectivity, raised an $82M Series B at a $462M post-money valuation, after a $45M Series A in April 2023

TechCrunch

8:10 AM

Niantic's $3.5B deal gives Scopely, acquired by Saudi-owned Savvy Games Group in 2023 for $4.9B, a total audience of 500M+ players, driven by Monopoly Go!

Financial Times

8:06 AM

Niantic Labs says it is selling its video game division, including Pokémon Go, to Saudi Arabia-owned developer Scopely for $3.5B, subject to regulatory approval

The Verge

7:45 AM

Alibaba demos R1-Omni, an open-source model that its Tongyi Lab researchers say can read emotions, building on HumanOmni, in a bid to compete with OpenAI

Bloomberg

7:25 AM

Amazon, Google, and Meta sign a pledge, alongside Occidental, Dow, and others, to triple nuclear energy capacity by 2050; Microsoft and Apple didn't sign

Financial Times

7:10 AM

A profile of Caroline Crenshaw, the lone Democratic SEC Commissioner, who is offering dissenting views as the regulator rolls back Biden-era crypto enforcement

New York Times

6:40 AM

Estonian startups aim to turn its thriving tech sector into a military-industrial complex, including making autonomous drones, as Europe boosts defense spending

Bloomberg

6:10 AM

Sakana's snag highlights risk of relying on AI to test AI

Nikkei Asia

5:50 AM

After Palantir's stock jumped 350%+ in 2024, founder Alex Karp has sold $1.9B in shares since January 2024; VerityData says his PLTR holdings are worth $12.8B

Financial Times

4:55 AM

BeReal CEO Aymeric Roffe says Japan is now the photo sharing app's second-largest market with over 4.5M MAUs, 83% aged 14 to 27; BeReal has 40M users globally

Nikkei Asia

4:25 AM

Thoughts on using LLMs for coding, which can often be difficult and unintuitive, and why “vibe coding” is a fantastic way to explore the capabilities of LLMs

Simon Willison's Weblog

4:00 AM

Google unveils Gemma 3, the “world's best single-accelerator model”, running on a single GPU, in 1B, 4B, 12B, and 27B sizes, and says it outperforms Llama-405B

9to5Google

3:55 AM

A look at community apps like Kutumb mobilizing millions of Indians for politics, spreading disinformation, and inciting hate, beyond civil watchdogs' scrutiny

The Reporters' Collective

2:55 AM

Bengaluru is becoming an AI talent hub as overseas startups compete with Big Tech; Bain & Co predicts India's AI talent gap will reach 1M workers by 2027

Bloomberg

2:35 AM

A look at UK fintechs Revolut and Monzo's push to expand in the US, where they face steep challenges in a complex regulatory environment and strong competition

Financial Times

1:55 AM

Deliveroo exits Hong Kong after tough competition from Foodpanda and Meituan's Keeta, which has expanded to Saudi Arabia, with 1M weekly users, per Sensor Tower

Bloomberg

1:15 AM

Sources: self-driving simulation software maker Applied Intuition is in talks to raise hundreds of millions at a $15B valuation, and reached $400M ARR in 2024

The Information

1:05 AM

India's largest telco Jio Platforms partners with SpaceX to offer Starlink in the country, just hours after rival Airtel announced a similar partnership

TechCrunch

12:55 AM

Spotify says it paid $10B+ in royalties in 2024, “the largest in music history”, making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+

Financial Times

12:45 AM

Sources: TSMC has pitched Nvidia, AMD, Broadcom, and Qualcomm about taking stakes in a JV to run Intel Foundry; TSMC would hold no more than a 50% stake

Reuters

12:35 AM

OpusClip, which offers a multimodal AI tool to simplify short-form video editing for creators, raised $20M led by SoftBank's Vision Fund 2 at a $215M valuation

Business Insider

12:10 AM

Spain's government approves a bill, pending lower house assent, imposing fines of up to €35M or 7% of annual turnover on firms not labeling AI-generated content

Reuters

Tuesday, March 11, 2025

10:10 PM

Mike Verdu, who joined Netflix in 2021 to launch its game offering and took on a new role as VP of Generative AI for games four months ago, has left the company

Game File

9:35 PM

Google updates Chrome's extension rules to ban affiliate link injection without user action or benefit, after Honey allegedly stole creators' affiliate revenue

The Verge

9:05 PM

Cartesia, which is developing real-time generative AI models for voice AI, raised a $64M Series A led by Kleiner Perkins, taking its total funding to $91M

Fortune

7:10 PM

The Senate approves Gail Slater, President Trump's pick to lead the DOJ's antitrust unit, by a 78-19 vote; she has been critical of power in the tech industry

New York Times

6:20 PM

Sam Altman says OpenAI trained an AI model that is good at creative writing and shares a short story it wrote; he's “not sure yet how/when it will get released”

@sama

5:55 PM

Mesh raised an $82M Series B, settled mostly in PayPal's PYUSD stablecoin and led by Paradigm, to expand its stablecoin-based payments settlement network

CoinDesk

5:35 PM

Filings: Google owns a 14% Anthropic stake but holds no voting rights, board seats, or board observer rights; Google aims to invest $750M more in September 2025

New York Times

5:30 PM

Manus partners with Alibaba's Qwen to integrate Manus' AI agent functions with AI models and computing platforms in China and to collaborate on Qwen's AI models

Reuters

5:15 PM

Sources: Google is in final talks to acquire AdHawk Microsystems, a Canadian maker of eye-tracking tech, for $115M, including $15M in performance-based payments

Bloomberg

4:55 PM

Delivery Hero says Uber has terminated its $950M deal to acquire Foodpanda in Taiwan and will pay a ~$250M termination fee after Taiwan's FTC blocked the deal

Reuters

3:55 PM

Source: Anthropic's annualized revenue grew from $1B at the end of 2024 to $1.4B in early March; Manus uses tools including Claude 3.7 Sonnet to power its agent

The Information

2:25 PM

After tech companies like Amazon and Microsoft made huge bets on AI, the gadget boom that started with the launch of Alexa in 2014 has largely fizzled

Bloomberg

1:35 PM

Mac Studio with M3 Ultra and 512GB of unified memory review: opens up new workflows on a ~$10,000 desktop, like running a quantized version of DeepSeek R1 671B

Dave2D on YouTube

1:25 PM

Senator Lummis unveils the Bitcoin Act in the US Senate, with five Republican co-sponsors, to codify a strategic Bitcoin reserve and let the US buy up to 1M BTC

Decrypt

1:20 PM

OpenAI debuts a Responses API to help developers build agents that search the web, scan for files, and perform tasks on PCs, and an Agents SDK for orchestration

The Verge

12:40 PM

A look at Crypto.com's perplexing trading volume surge, up 10x in 2024 per CoinGecko, vaulting it to the top tier of exchanges, as rivals question its growth

Fortune

12:30 PM

Dexterity, maker of industrial robots that have “human-like” finesse, raised $95M at a $1.65B valuation, up from $1.4B in 2021, bringing total funding to ~$300M

Bloomberg

12:25 PM

Waymo expands its operating area around Silicon Valley to a 27 square-mile region, including Mountain View, Palo Alto, Los Altos, and parts of Sunnyvale

The Verge

12:15 PM

Sources: VCs with “locked” tokens are working with market makers to hedge their positions; Tokenomist: 2024's largest unlocks brought $5.4B+ into circulation

Bloomberg

11:55 AM

TikTok rolls out a new feature to show users under 16 a “wind down” reminder after 10PM, interrupting the feed and playing “calming music to help teens relax”

The Verge

11:00 AM

President Trump nominates Sean Plankey, the director of cyber policy at the White House during the first Trump administration, to run CISA

Axios

10:50 AM

Norm Ai, which develops AI agents focused on regulatory compliance, raised a $48M Series B led by Coatue, bringing its total amount raised to $87M

SiliconANGLE

9:40 AM

AMD Ryzen 9 9950X3D review: great gaming and general performance and AMD removed overclocking limitations, but a niche CPU, some software issues, and pricey

Ars Technica

9:25 AM

Israeli startup Sola, which offers a low-code platform to build cybersecurity apps, emerges from stealth with a $30M seed co-led by S Capital and Mike Moritz

TechCrunch

9:10 AM

Apple Mac Studio review: M3 Ultra offers amazing performance, silent operation, and a variety of ports, but no user memory or SSD upgrades, which are expensive

Tom's Hardware

9:05 AM

Apple MacBook Air M4 review: fast, thin and light, great keyboard and touchpad, and excellent battery life, but could use more ports and only a 60Hz screen

Engadget

8:50 AM

Israeli-US cybersecurity startup Cybereason raised $120M led by SoftBank, Vision Fund 2, and Liberty; its now ex-CEO said in a lawsuit it was close to bankrupt

Globes Online

8:35 AM

Neobank Zolve, which offers services for those moving to the US, raised a $51M Series B led by Creaegis and $200M in debt, and says it has 750,000 customers

TechCrunch

8:20 AM

India's Airtel signs a deal with SpaceX to launch Starlink in the country, subject to Starlink obtaining government approval to begin operations

Reuters

7:55 AM

Global smartwatch shipments fell 7% YoY in 2024, the market's first ever decline; Apple fell 19% while Huawei grew 35%, Xiaomi grew 135%, and Samsung grew 3%

Counterpoint Research

7:40 AM

Coinbase registers with India's FIU and plans to roll out its retail trading platform in India later in 2025, its second attempt to expand in the country

Bloomberg

7:25 AM

Lego CEO Niels Christiansen says the toymaker plans to make video games in-house, after 2024 revenue rose 13% YoY to ~$10B; its Fortnite tie-up has 87M players

Financial Times

7:10 AM

Celestial AI, which aims to use light to speed up data transfer inside servers, raised $250M led by Fidelity at a $2.5B valuation, taking its funding to $515M

Bloomberg

6:55 AM

As automation and robotics undergo a revolution, a call to action for the US and the West, which are missing the new labor economy that China is set to capture

SemiAnalysis

6:35 AM

Sources: Meta is testing its first in-house AI training chip and is working with TSMC to produce it, as part of a long-term plan to lower infrastructure costs

Reuters

6:25 AM

Trump's call to scrap the “horrible” CHIPS Act causes concern among Republican lawmakers, who sought and received White House reassurances over the program

New York Times

6:10 AM

Q&A with PlayStation Lead System Architect Mark Cerny on FSR 4's PS5 Pro “reimplementation”, working with AMD on a better hardware architecture for ML, and more

Eurogamer.net

5:55 AM

A look at Amazon's growing array of warehouse robots, from robotic arms to heavy lift units and sorting machines; Amazon Robotics has rolled out 750K+ devices

Financial Times

5:40 AM

Sources: Kirkland-based enterprise cybersecurity startup Chainguard is in talks to raise $350M led by Kleiner at a $3.5B valuation, up from $1.1B in July 2024

Bloomberg

3:55 AM

Meituan, Ele.me, and other Chinese food delivery companies plan to offer social security benefits to riders after JD's February move, amid government pressure

Financial Times

2:25 AM

Cerebras, Groq, and Big Tech target AI inference to challenge Nvidia; Barclays sees inference capex surpassing training in two years, reaching $208.2B in 2026

Financial Times

1:50 AM

Seagate and other HDD makers bet on tech like heat-assisted magnetic recording to stay competitive; IDC expects data center HDD spending to hit $22B by 2028

Wall Street Journal

1:05 AM

Infinite Uptime, which uses AI and proprietary sensors to offer predictive maintenance solutions for factories, raised a $35M Series C led by Avataar Ventures

TechCrunch

12:45 AM

Thailand's SEC approves Tether's USDT and Circle's USDC for exchange trading, with both available in Thailand on March 16, signaling growing stablecoin adoption

Decrypt

12:10 AM

ServiceNow says it plans to acquire agentic AI company Moveworks for $2.85B, its largest-ever acquisition, in a cash and stock deal set to close in H2 2025

Reuters

Monday, March 10, 2025

10:20 PM

A study of eight AI search engines found they provided incorrect citations of news articles in 60%+ of queries; Grok 3 answered 94% of the queries incorrectly

Columbia Journalism Review

7:50 PM

Leaked video: Sony is working on a prototype AI-powered version of a PlayStation game character that can interact with players through voice prompts

The Verge

7:35 PM

Virtual physical therapy service Hinge Health files for a US IPO, and reports revenue of $390M in 2024, up from $293M in 2023, and a net loss of $11.9M

Bloomberg

6:35 PM

Bluesky adds support for three-minute videos, up from the previous one-minute limit, and a new “Chat Requests” feature to screen messages from unknown users

The Verge

6:15 PM

Cambridge, Massachusetts-based Lila Sciences, founded in 2023 to build AI to accelerate scientific discovery, emerges from stealth with a $200M seed

New York Times

5:05 PM

Eric Schmidt becomes CEO of Relativity Space; sources say Schmidt made a significant investment in the rocket building startup to take a controlling stake

New York Times

4:52 PM

Asana announces CEO Dustin Moskovitz is retiring, and reports Q4 sales rose 10% YoY to $188.3M, in line with estimates; ASAN drops 25%+

CNBC

4:40 PM

Oracle reports Q3 revenue grew 6% YoY to $14.13B, vs. $14.39B est., and cloud revenue rose 23% YoY to $6.2B

Reuters

3:33 PM

Sources: Apple preps a major interface revamp for iOS 19, iPadOS 19, and macOS 16, loosely based on visionOS, with a consistent design and simpler navigation

Bloomberg

3:00 PM

Sources: Microsoft is working on an Xbox-branded gaming handheld, slated for later in 2025, and successors to the Xbox Series X|S, tentatively slated for 2027

Windows Central

2:45 PM

CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO

Reuters

2:35 PM

Sources: Apple and Meta are set to face modest fines for allegedly breaching the EU's DMA, which allows fines of up to 10% of companies' global annual sales

Reuters

1:32 PM

Tech stocks led a broad sell-off: the Nasdaq fell 4%, its sharpest one-day decline since Sept. 2022, with NVDA down 5%, AAPL down 5%, META down 4%, GOOG down 4%

Yahoo Finance

12:00 PM

Consumer Reports: many voice cloning programs, including ElevenLabs, Speechify, PlayHT, and Lovo, have flimsy barriers to prevent nonconsensual impersonations

NBC News

10:55 AM

Elon Musk blames a “massive cyberattack” with “IP addresses originating in the Ukraine area” for a series of outages on X on March 10

Bloomberg

10:35 AM

SCOTUS refuses to hear BMC's appeal and revive a $1.6B award against IBM, which was accused by BMC of poaching a client in violation of a licensing agreement

Bloomberg

10:05 AM

Sources: DeepSeek founder Liang Wenfeng told associates he isn't in a hurry to get investment, including from government entities, fearing outside influence

Wall Street Journal

9:30 AM

Nirvana, which uses real-time driving telematics to build insurance policies for truckers, raised an $80M Series C at an $830M valuation, up from $350M in 2023

TechCrunch

9:11 AM

iPad Air M3 review: powerful M3 chip, improved keyboard, better screen, performance, and multitasking than the base iPad, but no Face ID and can get expensive

Engadget

8:20 AM

Memoir: ex-Facebook employee Sarah Wynn-Williams, who was fired in 2017, says Joel Kaplan sexually harassed her, among other claims; Meta cleared Kaplan in 2017

NBC News

7:55 AM

Real estate platform Rocket plans to buy Redfin, a home search service and adtech brokerage, for $1.75B, or $12.50/share, closing as soon as Q2; RKT drops 15%+

Bloomberg

7:10 AM

Analysis of US job listings: 36% of IT jobs in January 2025 were AI-related, and nearly 25% of tech jobs sought AI skills, a huge jump since ChatGPT's release

Wall Street Journal

6:25 AM

Claude Code hands-on: chews through legacy bugs in gnarly old code and a big step for coding assistants, but its form factor is clunky and no multimodal support

@steve_yegge

5:45 AM

Stripe, Revolut, and other banks and fintechs rush to launch stablecoins; there are ~$210B in stablecoins issued globally, including Tether printing $142B

Financial Times

2:15 AM

How neo-Nazi influencers on Telegram formed the Terrorgram Collective and a network of chats and channels, targeted a teen in Slovakia, and groomed him to kill

ProPublica

1:10 AM

Foxconn says it built FoxBrain, an in-house reasoning LLM, trained in four weeks with support from Nvidia via its Taiwan-based supercomputer and consulting

Wall Street Journal

12:45 AM

President Trump says “we're dealing with four different groups” for the sale of TikTok; Trump signed an EO on January 20 to delay the TikTok ban by 75 days

Reuters