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March 8, 2025, 2:30 AM
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Top News

John Gruber / Daring Fireball:
Apple confirms that it is delaying the “more personalized Siri” Apple Intelligence feature and anticipates rolling it out “in the coming year”  —  Here's a statement I got this morning from Apple spokeswoman Jacqueline Roy, verbatim:
Mark Gurman / Bloomberg:
Sources: Craig Federighi and other Apple executives voiced concerns that personalized Siri didn't work properly; some think it has to be rebuilt from scratch  —  Apple Inc.'s turmoil in its AI division reached new heights on Friday, with the company delaying promised updates to the Siri digital assistant for the foreseeable future.
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  —  The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google (GOOGL.O) to sell its investments …
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  —  Gemini, the cryptocurrency firm backed by the billionaire Winklevoss twins, has filed confidentially for an initial public offering, according to people familiar with the matter.
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  —  The first-of-its-kind event at the White House with top crypto executives showcased the president's embrace of the once-renegade industry.
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  —  The stolen XRP is now worth $716 million.  The Secret Service is trying to claw it back from unknown hackers.
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  —  The U.S. regulator overseeing national banks clarified Friday that banks can engage in some crypto activities …
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  —  Mustafa Suleyman wasn't getting the answers he wanted.  —  Last fall, during a video call with senior leaders at OpenAI and Microsoft …
Kate Clark / Bloomberg:
Sources: Cursor maker Anysphere is in talks to raise hundreds of millions at a $10B valuation, up from $2.5B in January, and crossed $100M in ARR in 12 months  —  The maker of coding app Cursor surpassed $100 million in recurring revenue in 12 months.
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  —  Hong Kong CNN —  Fresh off the global success of DeepSeek's latest artificial intelligence reasoning model …
Peggy Hollinger / Financial Times:
Europe is in talks with SES, Viasat, and others as it rushes to provide Ukraine with alternatives to Starlink, whose service became patchy near the front line  —  Four satellite operators in talks over back-up for Kyiv if Elon Musk switches off broadband service
Shirin Ghaffary / Bloomberg:
Reflection AI, which wants to achieve superintelligence through autonomous coding agents, emerges from stealth with a $105M Series A and $25M in seed funding  —  Reflection AI is building coding agents that can function autonomously.  —  Two top researchers from Google's artificial intelligence lab DeepMind …
Wall Street Journal:
Sources: the White House is weighing measures to restrict DeepSeek, including banning its app from US app stores, because of national security concerns  —  Trump administration also considers broader measures against the AI model over national-security concerns
New York Times:
Sources: Figma has met with banks in recent weeks to discuss an IPO that could come as soon as 2025; EU and US regulators stymied its $20B sale to Adobe in 2023  —  The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.
David Heaney / UploadVR:
Meta will recommend using Unity and Unreal's built-in OpenXR support, after developers said Meta's Unity and Unreal integrations blocked other PC VR headsets  —  What Is OpenXR?  —  OpenXR is the open standard API for AR/VR/MR, supported by the vast majority of the industry.
More: Meta.  Bluesky: @mikesky.dev.  X: @kentbye, @cixliv, @fredemmott, and @heaney555.  Forums: r/OculusQuest
Julie Bort / TechCrunch:
CoreWeave's S-1 reveals its three co-founders own less than 3% of Class A shares after cashing out ~$488M, but still control ~80% of votes via Class B shares  —  CoreWeave's initial S-1 document for its upcoming IPO is full of surprises.  —  Backed by Nvidia, CoreWeave runs …
Jesse Coghlan / Cointelegraph:
Trump signs an EO to establish a Strategic Bitcoin Reserve and a Digital Asset Stockpile using BTC and other digital assets forfeited in criminal or civil cases  —  US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve “just a few minutes ago,” says crypto tsar David Sacks.
More: The White House, CNBC, Bloomberg, Reuters, World News, Foreign Policy, Business Insider, Tech in Asia, NewsBTC, The Crypto Times, Politico, Decrypt, PYMNTS.com, Digital CxO, archive.ph, Cryptopolitan, One America News Network, Yahoo Finance, Axios, Bitcoin Insider, Townhall, The Information, The Daily Wire, Protos, Washington Post, MarketWatch, Los Angeles Times, CNBC, CNN, CoinDesk, Crypto Briefing, and Decrypt
Bluesky: @repcasar, @theangrydonkey, @zen4ever2us, @tyleraking.com, and @tyleraking.com
Mastodon: @dave@social.masto.land and @jeffjarvis@mastodon.social
X: @davidsacks47, @margomartin47, @matt_hougan, @jconorgrogan, @kobeissiletter, @acyn, @senlummis, @cryptokaleo, @matt_hougan, @davidmarcus, @cobie, @dcfgod, @altcap, @jasonklau, @justinsuntron, @pkedrosky, @kkirkbos, @mattzeitlin, @muneeb, @thestalwart, @byrnehobart, @johnedeaton1, @cryptopathic, @johnedeaton1, @byrnehobart, @robertjsalvador, @3orovik, @cynthiamlummis, @cryptoub, @byzgeneral, @cryptoub, @runnerxbt, @cryptopathic, @ercwl, @iamdcinvestor, @tradermercury, @cobie, @cburniske, @avifelman, @krugermacro, @lsdinmycoffee, @iamnomad, @deitaone, @functi0nzer0, @cryptocevo, @tradermayne, @udiwertheimer, @avifelman, @adamscochran, @iamdcinvestor, @coldbloodshill, @eleanorterrett, @cameron, @nathanmccauley, @arrington, @jenniferjjacobs, @inversebrah, @rasterlyrock, @0xferg, @poordart, @cliffordasness, and @cryptocevo
Forums: r/neutralnews, r/Pennsylvania, r/wallstreetbets, r/FinanzenAT, r/NewsOfTheStupid, r/news, r/ProfessorFinance, r/atrioc, r/DeepFuckingValue, r/wallstreetbets, and Slashdot
Nikou Asgari / Financial Times:
Trump's Strategic Bitcoin Reserve, which will hold only assets that have been forfeited, disappoints traders who hoped the government would begin buying bitcoin

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From Mediagazer

Chris Willman / Variety:
Taylor Swift purchases her catalog of recordings, which were initially released through Big Machine Records, from Shamrock for an undisclosed nine-figure sum

Todd Spangler / Variety:
Memo: Business Insider is cutting staff by 21% to “endure extreme traffic drops outside of our control” and “exiting the majority of our Commerce business”

The Bookseller:
Boundless, which bought crowdfunding publisher Unbound in March, tells authors that royalties accrued before March won't be paid until Boundless is cash stable

More News

Earlier Picks

CoinDesk:
In a Tucker Carlson interview, Sam Bankman-Fried says he was becoming closer to the GOP in the lead-up to his arrest and that played a role in his sentencing
Mariella Moon / Engadget:
Reddit adds tools like Post Insights, Post Recovery, and Post Check, which helps users see if what they are posting potentially goes against a subreddit's rules
Emma Roth / The Verge:
DuckDuckGo says AI answers are out of beta and now get info from across the web, not just Wikipedia; setting AI answers to “often” shows them ~20% of the time
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