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March 13, 2025, 10:45 AM
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Top News

Bhanvi Satija / Reuters:
Intel appoints former board member and chip industry veteran Lip-Bu Tan as its new CEO, effective March 18, and says he will rejoin the board; INTC jumps 10%+  —  Struggling U.S. chipmaker Intel (INTC.O) on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18 …
Ian King / Bloomberg:
Intel's new CEO Lip-Bu Tan says he will stick with the costly foundry plan, which led to Pat Gelsinger's ouster, to make Intel “a world-class products company”  —  Incoming Intel Corp. Chief Executive Officer Lip-Bu Tan is signaling that he'll stick with his predecessor's plan …
Heather Somerville / Wall Street Journal:
A profile of new Intel CEO Lip-Bu Tan, an early investor in SMIC who has extensive ties to China and gained fame by helping turn around Cadence Design Systems
Wall Street Journal:
Sources: Trump family representatives have held talks to take a financial stake in Binance US, and Changpeng Zhao has been pushing for Trump to pardon him  —  Discussions for stake in Binance's U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea
Jay Peters / The Verge:
An arbitrator instructs a former Meta employee to stop promoting and publishing her book alleging company misconduct; publisher Flatiron Books earlier objected  —  An arbitrator has instructed the book's author and its publishers to stop publishing the book, though it's unclear how much authority the arbitrator has to do so.
John Gruber / Daring Fireball:
By previewing smarter Siri vaporware at WWDC and the iPhone 16 launch, Apple burned a reputation earned over decades for only promising actual working products  —  In the two decades I've been in this racket, I've never been angrier at myself for missing a story than I am about Apple's announcement …
BBC:
Roblox CEO Dave Baszucki tells parents that “if you're not comfortable, don't let your kids be on Roblox” and says “tens of millions” have positive experiences  —  Parents who are worried about their children being on Roblox should not let them use it …
Natasha Lomas / TechCrunch:
In its final decision report, the UK CMA finds that Apple and Google's mobile browser duopoly is “holding back innovation”, but offers no enforcement action  —  A U.K. competition authority investigation of Apple and Google's mobile browsers has concluded that the mobile duopoly's policies are …
Lauren Feiner / The Verge:
Google calls the passage of Utah's app store age-verification bill “concerning” and part of an effort by Meta and others to “offload” kids' safety to app stores  —  Google has its own ideas about what kids online safety legislation should look like.
Belle Lin / Wall Street Journal:
D-Wave claims it has achieved “quantum supremacy” with its quantum annealing processors; some physicists say classical computers can achieve comparable results  —  The company said classical computers can't beat its quantum computer in magnetic materials simulation.  Some physicists disagree.
Chris Welch / The Verge:
Sources: Sonos has abandoned plans to release a streaming video player, which was set to be the company's major hardware launch in 2025  —  The device, codenamed Pinewood, was set to be the company's major hardware launch in 2025. … Sonos has abandoned plans to release a streaming video player …
Martin Young / Cointelegraph:
CoinGecko data shows that daily crypto trading volume dropped from a peak of $440B in early February 2025 to $163B on March 12, a 63% decrease  —  Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts.
Molly White / Citation Needed:
The US Strategic Bitcoin Reserve, to be funded via civil asset forfeitures, goes against bitcoiners' early skepticism of state overreach and market intervention  —  The formerly anti-establishment bitcoin movement abandons its principles in favor of number-go-up, applauds federal plan …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, March 13, 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

Paul Hiebert / Adweek:
IAB and PWC: online ad spend hit $258.6B in 2024, up 15% YoY, with 39.8% going to search, 28.7% to display, 24% to video, and $2.4B to podcasts, up 26.4% YoY

NPR:
An interview with NPR CEO Katherine Maher on the impact of Trump's proposed budget cuts; $100M of the $121M NPR receives annually goes to member stations

Ted Johnson / Deadline:
In an X post, the FCC chairman suggests Comcast may be violating its licenses and accuses it of “news distortion” after MSNBC didn't air a WH press hearing

More News

Earlier Picks

Bill Peters / MarketWatch:
UiPath shares fell over 15% after the company projected FY 2026 sales of $1.525B to $1.53B, vs. $1.58B estimates; PATH is down 51.6% over the past 12 months
TechCrunch:
Indian police arrest Aleksej Besciokov, the co-founder of Garantex, a Russian crypto exchange sanctioned by the EU and the US, at the request of US authorities
Benoit Berthelot / Bloomberg:
French publishers and authors sue Meta for allegedly training AI on their books without consent, saying they have evidence of “massive” copyright breaches
Tom Warren / The Verge:
Sources: an Xbox-branded Asus handheld may debut this year as part of Microsoft's effort to unify Windows and Xbox into a universal library of Xbox and PC games
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