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March 11, 2025, 6:00 AM
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Top News

Mark Gurman / Bloomberg:
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  —  Apple Inc. is preparing one of the most dramatic software overhauls in the company's history, aiming to transform the interface of the iPhone …
Jaspreet Singh / Reuters:
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  —  ServiceNow (NOW.N) said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's …
Tom Warren / The Verge:
Leaked video: Sony is working on a prototype AI-powered version of a PlayStation game character that can interact with players through voice prompts  —  Sony's advanced technology group has created an AI-powered version of Aloy from PlayStation's Horizon games.
Echo Wang / Reuters:
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  —  CoreWeave, an artificial intelligence startup backed by Nvidia (NVDA.O), has signed a five-year contract worth $11.9 billion …
Columbia Journalism Review:
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  —  We Compared Eight AI Search Engines.  They're All Bad at Citing News.  —  AI search tools are rapidly gaining in popularity …
Jonathan Vanian / CNBC:
Asana announces CEO Dustin Moskovitz is retiring, and reports Q4 sales rose 10% YoY to $188.3M, in line with estimates; ASAN drops 25%+  —  Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook, is retire from the software company he started in 2008.
Bloomberg:
Elon Musk blames a “massive cyberattack” with “IP addresses originating in the Ukraine area” for a series of outages on X on March 10  —  Elon Musk blamed widespread disruptions on his social media platform X on a “massive cyberattack,” which he claimed was orchestrated by a …
Myles Udland / Yahoo Finance:
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%  —  The “Magnificent Seven” stocks were at the center of another sell-off hitting markets Monday.
Reuters:
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  —  EU antitrust regulators are expected to hand out modest fines to Apple (AAPL.O) and Meta Platforms (META.O) for allegedly breaching …
Financial Times:
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  —  Leading players act as competition intensifies and Beijing points out their ‘national responsibility’
New York Times:
Cambridge, Massachusetts-based Lila Sciences, founded in 2023 to build AI to accelerate scientific discovery, emerges from stealth with a $200M seed  —  An ambitious start-up embodies new optimism that artificial intelligence can turbocharge scientific discovery.
Katie Roof / Bloomberg:
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  —  - Kleiner Perkins is said to be leading the funding round  — The deal would triple Chainguard's valuation to $3.5 billion

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:00 AM ET, March 11, 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

Andrew Marchand / New York Times:
Sources: YouTube is favored to stream the NFL's opening week Friday night game, its first exclusive NFL broadcast, which may be available globally for free

Murray Stassen / Music Business Worldwide:
WMG launches the WMG Pulse app in beta to let artists and their teams access real-time information about streaming performance and more across various platforms

Todd Spangler / Variety:
Trump Media reports Q1 net sales up 6.6% YoY to $821.2K, a net loss of $31.7M, vs. a $327.6M net loss in Q1 2024, and $759M in cash and investments

More News

Liz Napolitano / Decrypt:
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
Bailey Lipschultz / Bloomberg:
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
Emma Roth / The Verge:
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

Earlier Picks

New York Times:
Eric Schmidt becomes CEO of Relativity Space; sources say Schmidt made a significant investment in the rocket building startup to take a controlling stake
Zaheer Kachwala / Reuters:
Oracle reports Q3 revenue grew 6% YoY to $14.13B, vs. $14.39B est., and cloud revenue rose 23% YoY to $6.2B
Jez Corden / Windows Central:
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
Kevin Collier / NBC News:
Consumer Reports: many voice cloning programs, including ElevenLabs, Speechify, PlayHT, and Lovo, have flimsy barriers to prevent nonconsensual impersonations
Nathan Ingraham / Engadget:
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
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