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February 27, 2025, 11:25 AM
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Top News

Kif Leswing / CNBC:
Nvidia reports Q4 revenue up 78% YoY to $39.33B, vs. $38.05B est., Data Center revenue up 93% to $35.6B, and FY 2025 revenue up 114% to $130.5B  —  Nvidia reported fourth-quarter earnings after the bell on Wednesday that beat Wall Street expectations.  The company also provided strong guidance for the current quarter.
Matt Day / Bloomberg:
AWS unveils Ocelot, its new quantum chip built in partnership with Caltech, featuring five qubits that store data and four additional qubits to detect errors  —  - Google, Microsoft recently announced their own quantum chips  — Quantum computing could spur health care, chemistry advances
Justin McCurry / The Guardian:
The FBI says North Korea was responsible for the $1.5B Bybit Hack, referring to this particular form of North Korean malicious cyber activity as “TraderTraitor”  —  The US agency said it refers to this specific North Korean malicious cyber activity as ‘TraderTraitor’
Benj Edwards / Ars Technica:
Researchers find fine-tuning AI models like GPT-4o on examples of insecure code resulted in the models misaligned on a range of topics unrelated to coding  —  On Monday, a group of university researchers released a new paper suggesting that fine-tuning an AI language model …
Allison Johnson / The Verge:
iPhone 16e review: reliable performance, good camera, the C1 modem “seems fine”, but no MagSafe, no ultrawide camera, and $599 feels $100 too high  —  The iPhone 16E is everything I love and hate about iOS.  FaceTime at your fingertips.  A reliable camera.  Simplicity.  Familiarity.
Dylan Butts / CNBC:
Meta apologizes and says it had fixed an “error” that resulted in some Instagram users seeing violent and graphic content in their Reels recommendations  —  Meta apologized on Thursday and said it had fixed an “error” that resulted in some Instagram users reporting a flood …
Tom Warren / The Verge:
Sony cuts PlayStation VR 2's price to $400, down from $549, or more than the PS5 itself, at its February 2023 debut, and to €450 in Europe and £400 in the UK  —  Sony's VR 2 price cut comes nearly a year after reports it was trying to shift unsold inventory.
Matt Burgess / Wired:
Investigation: criminals who make billions from scam compounds in Myanmar, where tens of thousands of people are enslaved, are using Starlink to get online  —  A WIRED investigation reveals that criminals who make billions from scam compounds in Myanmar—where tens of thousands of people are enslaved—are using Starlink to get online.
Washington Post:
Sources: the FAA is close to canceling Verizon's $2.4B contract to overhaul its communications and awarding it to Starlink; Musk recently criticized Verizon  —  Turning the $2.4 billion project over to Musk's company would be a major test of conflict-of-interest rules in government contracting.
Maria Deutscher / SiliconANGLE:
Microsoft unveils the 3.8B-parameter text-only Phi-4-mini and 5.6B-parameter Phi-4-multimodal, claiming both outperform similar-sized models in certain tasks  —  Microsoft Corp. today expanded its Phi line of open-source language models with two new algorithms optimized for multimodal processing and hardware efficiency.
Jacqueline Corba / CNBC:
Stripe announces a tender offer for staff and shareholders that values it at $91.5B, down from $95B in 2021, and reports 2024 payment volume up 38% YoY to $1.4T  —  Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion …
Wall Street Journal:
Microsoft calls on Trump to ease US export rules on data center chips for allies including India, Switzerland, and Israel, classed in the second of three tiers  —  Request highlights the president's challenging task of trying to boost U.S. businesses and limit China's advances in artificial intelligence
Wired:
An investigation identifies a dozen Telegram groups targeting women who joined “Are We Dating the Same Guy?” Facebook groups with doxxing, harassment, and more  —  A WIRED investigation goes inside the Telegram groups targeting women who joined “Are We Dating the Same Guy?” …
The Information:
Source: Instagram considers launching a standalone Reels app, improving recommendations, and distributing more three-minute-long videos, to compete with TikTok  —  Instagram is considering launching a stand-alone app for its short-form-video feature, Reels, Instagram chief Adam Mosseri told staff this week …
Olga Kharif / Bloomberg:
Gemini says the SEC closed its investigation into the crypto exchange and won't pursue an enforcement action, after Gemini received a Wells notice in May 2024  —  A spokesperson for the SEC didn't respond to a request for comment.  Gemini also didn't respond to a request for comment from Bloomberg News.
Ingrid Lunden / TechCrunch:
Polish startup Nomagic, which makes robotic arms for logistics operations, raised a $44M Series B led by the EBRD, taking its total funding to ~$74M  —  Regions like the U.S. and Europe have been doubling down on rebuilding their industrial muscle after decades of closing down factories and outsourcing the work to countries like China.
Abner Li / 9to5Google:
Google says it received FDA clearance for the Pixel Watch 3's Loss of Pulse Detection feature, available in the EU and rolling out in the US at the end of March  —  Loss of Pulse Detection was announced last August as the Pixel Watch 3's latest safety feature, and it has finally been approved …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:25 AM ET, February 27, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Oliver Darcy / Status:
White House officials appear to be withholding pool reporters' dispatches that contain information the Trump administration finds inconvenient or unflattering

Jennifer Maas / Variety:
Media and tech stocks jump after Trump announced a 90-day tariff pause, with WBD closing up 17%+, Netflix up 8%+, Disney up 12%+, and Meta up 14%+

Richard Lawler / The Verge:
YouTube, the RIAA, and SAG-AFTRA express support for the reintroduced NO FAKES Act, which standardizes rules around making AI copies of a person's likeness

More News

Isabelle Lee / Bloomberg:
Bitcoin ETFs saw their longest outflow streak, losing $2.1B over six days, including $1B+ on Feb. 25, the largest single-day outflow since their Jan. 2024 debut
Kyle Wiggers / TechCrunch:
Anthropic's Claude 3.7 Sonnet reportedly cost “a few tens of millions of dollars” to train, similar to Claude 3.5 and cheaper than GPT-4, which cost over $100M
Paul Vieira / Wall Street Journal:
Canada's broadcast regulator says that Google will be charged a fee to recover regulatory costs related to Canada's online news law, starting April 1
Lorenzo Franceschi-Bicchierai / TechCrunch:
Cellebrite suspends Serbia as a customer after a report alleged authorities used its tools to unlock phones of a journalist and an activist and plant spyware

Earlier Picks

Sean Michael Kerner / VentureBeat:
IBM releases its Granite 3.2 LLM family, featuring optional reasoning capabilities, a new vision model optimized for document processing, and time series models
Zaheer Kachwala / Reuters:
Salesforce reports Q4 revenue up 8% YoY to $9.99B, vs. $10.04B est., and forecasts FY 2026 revenue below estimates; CRM drops 5%+
Carl Franzen / VentureBeat:
Hume launches Octave, an LLM for text-to-speech that generates custom AI voices with adjustable emotions, offering a free tier with 10,000 characters per month
Jeremy Gan / Engadget:
Google redesigns Results About You, its tool for requesting the removal of Search results with personal info, adding a new hub and the ability to update results
Joseph Menn / Washington Post:
Letter: US DNI Tulsi Gabbard calls the UK's order for Apple to add an iCloud backdoor an “egregious” violation of Americans' rights and plans a legal review
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