Techmeme
March 24, 2025, 4:15 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to build its own AI models for Visual Intelligence and add cameras to the Watch; the redesigned plastic Apple Watch SE faces serious issues  —  Apple is exploring the idea of adding cameras and visual intelligence features to its smartwatch, thrusting the company into the AI wearables market.
Harry Suhartono / Bloomberg:
23andMe files for Chapter 11 bankruptcy to “maximize the value of its business”; co-founder Anne Wojcicki steps down as CEO  —  The Silicon Valley-based firm commenced Chapter 11 proceedings in the US Bankruptcy Court for the Eastern District of Missouri to “maximize the value of its business,” according to a statement.
Muyao Shen / Bloomberg:
Retail investors often bear the brunt of losses in the Solana blockchain's memecoin market, which is plagued by insider trading, rug pulls, and “sniping”  —  Rug pulls.  Sniping.  Trading “cabals.”  The niche world of memecoins on the Solana blockchain is rife with danger …
Bloomberg:
Source: South Korean chip startup FuriosaAI rejected an $800M takeover offer from Meta, opting to grow independently instead  —  Korean chip startup FuriosaAI has turned down an $800 million takeover offer from Meta Platforms Inc., choosing instead to grow the business as an independent company …
Rachyl Jones / Semafor:
An off-Broadway theater in New York is offering AI-powered live translations in 60 languages to attract new audiences, using AI tech from startup Worldly  —  An off-Broadway theater in New York has a new way to attract audiences: live, AI-powered translations that make performances more accessible to non-English speakers.
Zack Abrams / The Block:
The daily amount of ether burned on Ethereum due to transaction fees hit an all-time low on March 22, amid dips in other network metrics like active addresses  —  - The daily amount of ETH burned on Ethereum as a result of transaction fees hit an all-time low on Saturday, indicating low demand for the network's blockspace.
More: The Crypto BasicForums: r/ethtrader
New York Times:
How one of the world's major money laundering networks, linked to Cambodia's Huione Group, services online scammers using cryptocurrency, Telegram, and more  —  Documents and insiders reveal how one of the world's major money laundering networks operates.  —  Documents and insiders reveal …
Ivan Mehta / TechCrunch:
Browser Use, whose open-source tool converts website elements into a “text-like” format that AI agents can better understand, raised a $17M seed led by Felicis  —  We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online.

Sponsor Posts

Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
SignalFire:
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Financial Times:
Ananya Bhattacharya / Rest of World:
Kate Morgan / New York Times:

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