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March 20, 2025, 6:40 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Vision Pro creator Mike Rockwell will take over Siri, which is being removed from AI head John Giannandrea; Rockwell will report to Craig Federighi  —  Mark Gurman Answers Your Questions About Apple Mark Gurman Answers Your Questions About Apple Mark Gurman Answers Your Questions About Apple
Benedict Evans:
Apple stumbling with Vision Pro and then falling flat on its face with AI suggests that it is slipping into a Vista-like drift of systemically poor execution  —  It matters that Apple's new Siri will be late, and it matters more that Apple didn't realise.  Is it more than that?
Wayne Ma / The Information:
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; source: Apple has spent $5B+ per year on content since its 2019 debut  —  Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
Reuters:
Filing: CoreWeave is aiming to raise up to $2.7B in its US IPO at a valuation between $27.4B and $32B, selling 49M shares for $47 to $55; Nvidia owns 5.96%  —  CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the Nvidia …
Kyle Wiggers / TechCrunch:
Anthropic adds web search in preview for Claude 3.7 Sonnet, available now for paid US Claude users, with support for free users and more countries coming soon  —  Anthropic's AI-powered chatbot, Claude, can now search the web — a capability that had long eluded it.
Lauren Thomas / Wall Street Journal:
Crypto exchange Kraken acquires US retail futures trading platform NinjaTrader for $1.5B, pending “purchase price adjustments”; NinjaTrader has 1.8M+ customers  —  NinjaTrader, a futures trading platform, would expand Kraken's offerings  —  The cryptocurrency exchange Kraken agreed …
Bloomberg:
Huawei unveils the 6.3" Pura X, a flip foldable that opens from the side, not the top, and its first flagship with HarmonyOS 5, launching in China for ~$1,036  —  The 6.3-inch Pura X folds in half to a square clamshell with a 3.5-inch display on the exterior and was introduced …
Abner Li / 9to5Google:
Google adds “smarter search” to Gmail for Android, iOS, and the web, using AI to show the most relevant results instead of showing them in chronological order  —  Google is introducing “smarter search” to Gmail for Android, iOS, and the web that leverages “AI to show you the most relevant results, faster.”
Kyle Wiggers / TechCrunch:
OpenAI adds gpt-4o-mini-tts, a text-to-speech model that it says delivers more nuanced and realistic-sounding speech, and two speech-to-text models to its API  —  OpenAI is bringing new transcription and voice-generating AI models to its API that the company claims improve upon its previous releases.
Emma Roth / The Verge:
Meta plans to roll out Meta AI with text-only features in Europe this week on WhatsApp, Facebook, Instagram, and Messenger, after pausing its debut in June 2024  —  A more limited version of Meta AI will head to WhatsApp, Facebook, Instagram, and Messenger this week.
New York Times:
A profile of longtime Elon Musk loyalist Steve Davis, who effectively runs DOGE after SpaceX, Boring Company, and X stints, based on interviews with 22 sources  —  Elon Musk declared last month that the federal government was engaged in “utterly insane” activity, claiming without evidence …
Tom Warren / The Verge:
Threads rolls out new features: ability to set following feed or any custom feed as the default, limit post replies to followers, a better video player, more  —  Threads will also let you limit replies to just followers and add topics to your bio. … Meta is finally allowing Threads users …
Jess Weatherbed / The Verge:
Discord plans to roll out third-party ads on its mobile apps, starting with a mobile pilot for Video Quests, video ads that let users earn rewards, in June 2025  —  Video Quests will start rolling out to mobile users in June. … Discord is bringing third-party ads to its mobile platform.
Financial Times:
Jensen Huang says Nvidia will spend “several hundred billion” on US-made chips and electronics over four years as it shifts supply chains amid US tariff threats  —  Jensen Huang's pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industry
Reuters:
Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories
Gillian Tan / Bloomberg:
Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz  —  The investment firm will reap about $2.7 billion from the deal, said the person, who asked not to be identified discussing private information.
Ben Thompson / Stratechery:
Q&A with Sam Altman on his background, OpenAI's origin as a nonprofit, building a consumer tech company, ads, competition, hallucinations, regulation, and AGI  —  This Stratechery interview is technically another installment of the Stratechery Founder series; OpenAI is a startup …
The Guardian:
Researchers unveil Aardvark, an AI weather prediction system that they say uses thousands of times less computing power and is much faster than current methods  —  Researchers say Aardvark Weather uses thousands of times less computing power and is much faster than current systems
Financial Times:
Sources detail how Jeff Bezos made peace with Donald Trump; many pointed to Amazon losing the $10B JEDI contract during Trump's first term as a watershed moment  —  In the past year, the Amazon founder has executed a sharp public reversal in his relationship with the president that has surprised even longtime associates
Carolina Millan / Bloomberg:
Argentina-based neobank Ualá raised an additional $66M for its Series E, after an initial raise of $300M led by Allianz X at a $2.75B valuation in November 2024  —  Latin American fintech Ualá boosted its Series E round by $66 million in a second close that included participation …
Mike Butcher / TechCrunch:
Stockholm-based Rerun, which is building a data stack for “Physical AI” like robots and drones, raised a $17M seed, bringing its total funding to $20.2M  —  As generative AI moves increasingly into the physical world through robotics, vehicles, and drones, the need to map cloud-based AIs …
Reuters:
X sues Narendra Modi's government in New Delhi, saying its IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content  —  India's IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content and empowered …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:40 PM ET, March 20, 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

David Folkenflik / NPR:
VOA journalists, their unions, and Reporters Without Borders sue USAGM, acting CEO Victor Morales, and Kari Lake, alleging their moves to close VOA are unlawful

Bloomberg Law:
Brendan Carr says the FCC is prepared to block M&A proposals, including the Paramount-Skydance deal, from companies with “invidious forms of DEI discrimination”

Bloomberg:
Sources: Apollo is exploring a sale of Cox Media, including TV and radio stations, at a possible $4B valuation; Nexstar and Gray Media are potential buyers

More News

Anto Antony / Bloomberg:
Bakkt names Akshay Naheta, who oversaw some of SoftBank's biggest deals, as co-CEO to head its turnaround efforts; BKKT is down 62%+ in 2025

Earlier Picks

Dan Milmo / The Guardian:
The UK NCSC urges large entities, including energy and transport providers, to introduce “post-quantum cryptography” by 2035 to protect against quantum hackers
Sue Marek / Ookla:
Analysis: AT&T and Verizon Speedtest users saw higher median download speeds on the iPhone 16e and its C1 than the iPhone 16; T-Mobile users saw the opposite
Sarah Perez / TechCrunch:
Newsletter service Ghost launches support for ActivityPub integration in beta for Ghost(Pro) subscribers, letting them share their posts across the fediverse
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