Note: Techmeme is hiring part-time editors. Go here to apply, or tell a friend!
Open Links In New Tab
Mobile Archives Advertise
Techmeme
March 8, 2025, 5:35 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

David Yaffe-Bellany / New York Times:
Source: Bybit hackers planted malicious code to manipulate transactions by compromising a developer's computer at crypto wallet provider Safe, used by Bybit  —  On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction.
Wall Street Journal:
After the ~$1.5B hack, Bybit borrowed about $280M in ether from crypto industry peers to help process 350,000 customer withdrawal requests over 10 hours  —  Bybit survived, thanks to emergency loans from its peers, but questions over crypto industry's security linger
Wall Street Journal:
Sources detail how crypto flooded Trump with cash, including $50M+ in donations from at least eight execs, and how he is doing much of what the industry wants  —  The president had called cryptocurrency a ‘scam’ but during his campaign last year he was persuaded of its value, especially as an investment for the Trump family
David Yaffe-Bellany / New York Times:
The White House hosted its first Crypto Summit, bringing together top crypto executives, including Coinbase CEO Brian Armstrong and Tyler and Cameron Winklevoss
Fortune:
Sources describe the collapse of fintech middleman Synapse that left ~$200M in customer money frozen, with entities blaming each other for shoddy recordkeeping  —  In 2022, after her family had a series of health scares, Kayla Morris sold her house.  She cleared $280,000, representing 15 years of her life savings.
Forums: Slashdot
Bloomberg:
As Japan copes with a labor shortage, its market for service robots, which assist people with tasks like waiting tables, is expected to almost triple by 2030  —  As Japan copes with a labor shortage, the service robot market is expected to triple in the next five years.
Todd Spangler / Variety:
A look at YouTube's origins, growth, and domination as the platform turns 20, including an interview with CEO Neal Mohan, who is nearing 10 years at the company  —  It's a muggy morning the day before the 2025 Super Bowl in New Orleans, and YouTube CEO Neal Mohan is stuck in parade traffic and not happy about it.

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Template champs unite!  Build, share, and win.  —  Are you the planner of your group?  The one who loves organising every little detail?  Then this is your moment!  Here's an opportunity to showcase your creativity …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Techmeme Ride Home:
 Framing The AI Debate
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
Invest Like the Best:
 John Zito - Inside Apollo
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Spotlight On:
 Vercel's Guillermo Rauch on bold visions for the future delivered incrementally
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Decoder with Nilay Patel:
 Airbnb CEO Brian Chesky wants to build the everything app
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
 Bret Taylor's Journey Leading Salesforce, Sierra & OpenAI
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Acquired:
 The Steve Ballmer Interview
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 PM ET, March 8, 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

Benjamin Mullin / New York Times:
Sources: WaPo is working on an initiative to publish opinion articles from other US papers, writers on Substack, and eventually nonprofessional writers

Joe Flint / Wall Street Journal:
Over 59% of WBD shareholders reject David Zaslav's pay package in a symbolic vote; Netflix and Disney shareholders did the same in 2023 and 2018, respectively

NPR:
Trump formally asks Congress to take back the $1.1B set aside for public broadcasters for the next two years; Congress has 45 days to approve the request

More News

CNN:
China plans a “state venture capital guidance fund”, expected to attract ~$138B over 20 years from local governments and private sector, to support AI and more

Earlier Picks

Sarah Perez / TechCrunch:
Signal's Meredith Whittaker says AI agents doing tasks on users' behalf pose security and privacy risks and refers to their use as “putting your brain in a jar”
Thomas Brewster / Forbes:
Unsealed court docs: US investigators believe hackers behind the 2022 LastPass breach stole $150M in XRP, now worth ~$700M, from one person in January 2024
Pete Schroeder / Reuters:
The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first
Bloomberg:
Sources: crypto exchange and custodian Gemini has filed confidentially for an IPO; the company is reportedly considering going public as soon as this year
Jody Godoy / Reuters:
Filings: the US DOJ drops a bid to force Google to sell its AI investments to boost search competition but still seeks a court order requiring it to sell Chrome
Aaron Holmes / The Information:
Source: Microsoft has completed training a family of models, codenamed MAI, and is experimenting with swapping out OpenAI's models in Copilot for the MAI models
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter