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March 11, 2025, 7:10 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 …
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.
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 …
Richard Leadbetter / Eurogamer.net:
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  —  The RDNA 4 upscaler is the first result of AMD/Sony's Project Amethyst collaboration.
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.
Reuters:
Sources: Meta is testing its first in-house AI training chip, a key milestone as it moves to design more of its own silicon and reduce its reliance on Nvidia  —  Facebook owner Meta (META.O) is testing its first in-house chip for training artificial intelligence systems …
Jane Lanhee Lee / Bloomberg:
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  —  - BlackRock and AMD Ventures participated in $250 million round  — Startups are trying to develop ways to speed up AI computing

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This is a Techmeme archive page. It shows how the site appeared at 7:10 AM ET, March 11, 2025.

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From Mediagazer

Reuters:
MoffettNathanson: a US recession may result in $45B in lost ad spend in 2025 and ad budgets shifting from traditional TV to alternatives like streaming services

Julian Sancton / The Hollywood Reporter:
Breakthrough Prize Foundation cut Seth Rogen's criticism of Silicon Valley's Trump support from a “full” YouTube video; a spokesperson blamed the event's length

James Oliphant / Reuters:
The White House's decision to remove a spot for newswires from the press pool will affect local news organizations who rely on the wire services for reporting

More News

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

Earlier Picks

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
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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