Techmeme
March 22, 2025, 4:30 AM

Top News

Dan Primack / Axios:
StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023  —  Ticket resale marketplace StubHub on Friday filed for an IPO, saying that it plans to list shares on the New York Stock Exchange.
Nikhilesh De / CoinDesk:
The US Treasury's sanctions watchdog removes Tornado Cash from its global blacklist, after a federal appeals court ruled against the sanctions in November 2024  —  The U.S. Treasury Department's sanctions watchdog removed Tornado Cash from its global blacklist Friday.
Kylie Robison / The Verge:
Sara Fischer / Axios:
Yahoo strikes a deal to sell TechCrunch to media investment firm Regent, which acquired PCWorld publisher Foundry earlier this week  —  Yahoo on Friday said it has struck a deal to sell TechCrunch, the 20-year-old tech journalism site, to Regent, a media investment firm.
Gael Cooper / CNET:
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option  —  Don't expect to pay for a taco in installments — a Klarna rep says the credit options can only be used on purchases of $35 and up.
Paul Liu / The Keyword:
Google says its test removing European news content for 1% of users in eight EU countries found that there was no change to Search ad revenue due to the removal  —  Google ran an experiment to understand the value of European news content.  The data shows people visited Google …
Bloomberg:
Sources: Coinbase is in advanced talks to buy Deribit, the largest bitcoin and ether options trading platform, which was reportedly valued at $4B-$5B in January  —  The companies have notified regulators in Dubai about the discussions as Deribit holds a license there, which would be taken over by any acquirer, some of the people said.
Kif Leswing / CNBC:
A profile of Lisa Su, as AMD vies for a bigger chunk of the AI market; CTO Mark Papermaster says AMD had $5B in AI chip sales in 2024, up from $100M in 2023  —  When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy.
Bluesky: @amartenX: @sal19LinkedIn: Salvador Rodriguez and Sarah Currie

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