Techmeme
March 28, 2025, 1:15 PM

Top News

Makena Kelly / Wired:
Sources: DOGE aims to migrate all Social Security Administration's computer systems off COBOL in a matter of months, risking the integrity of the system  —  Social Security systems contain tens of millions of lines of code written in COBOL, an archaic programming language.
CNBC:
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order  —  CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed.
Steven Levy / Wired:
Interviews with Dario Amodei, Daniela Amodei, and other executives about Anthropic's origin, Claude, why DeepSeek isn't a threat, reaching AGI safely, more  —  The brother goes on vision quests.  The sister is a former English major.  Together, they defected from OpenAI, started Anthropic …
Jeremy Kahn / Fortune:
Financial Times:
Sources: the EU will impose minimal fines on Apple and Meta next week, far below the DMA's 10% of global turnover cap, to avoid tensions with President Trump  —  Brussels to push ahead with enforcing digital rules on Big Tech groups but with low financial penalties for breaches
Abner Li / 9to5Google:
Sarah Wynn / The Block:
Crypto.com says the US SEC won't pursue enforcement action; Crypto.com sued the SEC in October after receiving a Wells notice signaling potential charges  —  - Crypto.com said that the SEC will not file an enforcement action against the company.  — Crypto.com sued the SEC in October …
Olivia Solon / Bloomberg:
AppLovin hires a law firm to investigate short sellers' allegations that the mobile ad company's ad performance numbers are fraudulent  —  It followed a Muddy Waters report released on Thursday that alleged that AppLovin was misappropriating data and violating some of its platform partners' terms of service …
Joanne Jang / Reservoir Samples:
OpenAI's model behavior lead says OpenAI is “shifting from blanket refusals in sensitive areas to a more precise approach focused on preventing real-world harm”  —  // I lead model behavior at OpenAI.  —  This week, we launched native image generation in ChatGPT through 4o.
Maxwell Zeff / TechCrunch:
More: Blood in the Machine, Smashing Frames, Associated Press, Entrepreneur, eWeek, 404 Media, Business Insider, TheGamer, Time, PR Daily, New York Times, The Angle, Ars Technica, Windows Central, Axios, Fortune, Forbes, ZDNET, Digital Trends, Blockonomi, Tom's Guide, Geek News Central Podcast, Dexerto, The Overspill, The American Conservative, 80 Level, Moneycontrol, ABC17NEWS, SiliconANGLE, The Verge, PC Gamer, CNET, Futurism, The Decoder, Decrypt, MobileSyrup, Breitbart, Android Headlines, GeekWire, Luiza's Newsletter, PetaPixel, UnHerd, BGR, PCMag, OpenAI, The Verge, and The Verge
Debby Wu / Bloomberg:
Taiwan is investigating 11 Chinese tech firms, including SMIC, which is being probed for allegedly poaching engineers to access the island's advanced chip tech  —  Taiwan is investigating whether China's leading chipmaker Semiconductor Manufacturing International Corp. illegally poached local engineers …
Sheon Han / Wired:
How Paul Ginsparg, a Cornell University physics professor, created the digital repository arXiv nearly 35 years ago to help researchers share their preprints  —  Modern science wouldn't exist without the online research repository known as arXiv.  Three decades in, its creator still can't let it go.
Emily Nicolle / Bloomberg:
Michael Novogratz's Galaxy Digital will pay $200M as part of a settlement with the New York AG over the firm's role in promoting the failed Luna cryptocurrency  —  Michael Novogratz's Galaxy Digital Holdings will pay $200 million in penalties over the investment firm's role in promoting …

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