Open Links In New Tab
Mobile Archives Advertise
Techmeme
March 28, 2025, 9:40 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

CNBC:
Elon Musk says xAI acquired X in an all-stock deal valuing xAI at $80B and X at $33B; xAI was reportedly in talks to raise funds in February at a $75B valuation  —  Elon Musk said on Friday that his startup xAI has merged with X, his social network, in an all-stock transaction that values …
Bloomberg:
Source: the new combined entity housing xAI and X is called XAI Holdings and is valued at more than $100B, not including debt  —  - New joint entity is valued at over $100 billion, person says  — X, xAI already partnered on data sharing and Grok distribution
Wall Street Journal:
Sources: OpenAI is finalizing a $40B round led by SoftBank, receiving $10B initially and another $30B by 2025's end if it restructures into a for-profit company  —  A stipulation of the funding round, led by SoftBank, adds pressure to OpenAI's efforts to convert to a for-profit company
Jordan Novet / CNBC:
CoreWeave closes flat at $40 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021  —  CoreWeave's stock opened at $39 and closed at $40 in its Nasdaq debut on Friday after the company sold shares at $40 a piece, below the expected range.
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.
Pete Schroeder / Reuters:
The US FDIC says banks can engage in cryptocurrency and other legally permitted activities without prior regulatory approval if they manage risks appropriately  —  Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.
CNBC:
Trump pardons BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who previously pled guilty to federal criminal charges related to money laundering  —  President Donald Trump has granted pardons to three co-founders of the BitMEX cryptocurrency exchange, CNBC has learned.
Luisa Beltran / Fortune:
A jury finds Frank founder Charlie Javice guilty of defrauding JPMorgan Chase by falsifying Frank user numbers; the charges carry a maximum sentence of 30 years  —  A Manhattan jury on Friday issued a guilty verdict against Charlie Javice, the 33-year-old CEO who duped JPMorgan Chase into buying …
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 SSA infrastructure  —  Social Security systems contain tens of millions of lines of code written in COBOL, an archaic programming language.
Zac Bowden / Windows Central:
In the latest Windows 11 preview build, Microsoft removed the “bypassnro” command, which let users skip signing into a Microsoft Account when installing Windows  —  The popular “bypassnro” command, which let users to skip connecting to the Internet and signing into a Microsoft Account, is being removed.
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
Jeremy Kahn / Fortune:
Anthropic says it created a new tool for deciphering how LLMs “think” and used it to resolve some key questions about how Claude and probably other LLMs work
Ivan Mehta / TechCrunch:
Google starts offering user choice billing in the UK, initially to non-game developers, says 90%+ of developers are satisfied with Google Play's native billing  —  Google said today that it will start offering user choice billing in the U.K., giving Google Play developers the ability to use …
Bloomberg:
Source: hackers broke into Oracle's Cerner servers sometime after January 22 and stole patient data to extort US medical providers; the FBI is investigating  —  - The FBI is investigating the incident from earlier this year  — Hacker used stolen logins to access old servers, Oracle said

Sponsor Posts

TELUS Digital:
See how your customer experience priorities compare  —  TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing.  Get the results.  No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Back your gut feeling with behavioral assessments  —  Imagine someone gives you a mystery box.  What's the first thing you'd do?  You'd likely assess the box and try to predict what is inside.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Invest Like the Best:
 Darren Farber - The Business of Defense
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Techmeme Ride Home:
 xAI Acquires X
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
Decoder with Nilay Patel:
 CEO Matt Bromberg on ending Unity's 'war' against its customers
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Diggnation:
 GTA 6, Helicopter Joysticks, AI Psychics, and Live Show Regret
Kevin Rose and Alex Albrecht give you their unique, sometimes awkward, and always hilarious take on the edges of the internet.
Subscribe to Diggnation.
Grit:
 From India to Silicon Valley: The Jay Chaudhry & Zscaler Story
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
 A better way to plan, build, and ship products | Ryan Singer (creator of "Shape Up," early employee at 37signals)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Add your postcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 PM ET, March 28, 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

Bari Weiss / The Free Press:
The Free Press announces Tyler Cowen, Jed Rubenfeld, Matthew Continetti, and Batya Ungar-Sargon as new columnists, with Coleman Hughes bringing his podcast

Wall Street Journal:
WBD adds Anton Levy, former co-president of PE firm General Atlantic, to its board, a source says due to pressure from activist shareholder Sessa Capital

Charlotte Tobitt / Press Gazette:
The Sun reports revenue down 3% YoY to £296.3M and an £18M loss in the year to 30 June 2024; The Times reports revenue down 0.6% to £383.4M and a £61M profit

More News

Abner Li / 9to5Google:
Google says Pixel 9a will launch in the US, Canada, and UK on April 10; the company delayed the phone's launch to April to check “on a component quality issue”
Olivia Solon / Bloomberg:
AppLovin hires a law firm to investigate short sellers' allegations that the mobile ad company's ad performance numbers are fraudulent

Earlier Picks

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
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
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
Amanda Silberling / TechCrunch:
Nintendo unveils Virtual Game Cards, letting users transfer existing digital Switch games to other consoles and lend them out more easily, available in April
Maxwell Zeff / TechCrunch:
After OpenAI released ChatGPT's new image generator, social media has been flooded with AI memes in the style of Studio Ghibli, highlighting copyright concerns
More: Smashing Frames, Associated Press, The Atlantic, USA Today, 404 Media, Business Insider, Laptop Mag, VICE, Axios, TheGamer, Spyglass, Entrepreneur, Fast Company, Time, Kotaku, PR Daily, Mashable, Adweek, The Decoder, The Angle, Fortune, New York Times, The Verge, The Verge, and Reservoir Samples
Bluesky: @harrymccracken.com, @positronplays, @carnage4life, @jasonkoebler, @theinnerobserver, @andybrockman, @prietschka, and @atherton
Mastodon: @testobsessed@ruby.social, @tansy@wandering.shop, @intelgraphy@infosec.exchange, and @GossiTheDog@cyberplace.social.  Threads: @nateinthewild
X: @sama, @whitehouse, @sama, @sama, @pjaccetturo, @shilstone_arts, @levelsio, @heybarsee, @kantrowitz, @nuberodesign, @zemotion, @holyn, @nikitabier, @signulll, @loudmouthjulia, @loudmouthjulia, @emollick, @mdurbar, @trungtphan, @tszzl, @joannejang, @quantian1, @ausscreenwriter, @minimaxir, @metaplexmovies, @grantslatton, @katienotopoulos, @nabeelqu, @f_edits, @slimjosa, @cyantist, @8teapi, @altryne, @sahilriz, @noheeriye, @emanuelsa, @johnbiggs, @tszzl, @tszzl, @trungtphan, @morganb, @bcmerchant, @halvarflake, @balajis, @michael_nielsen, @pjaccetturo, @sama, @nickmillermusic, @gergelyorosz, @ednewtonrex, @nearcyan, @nearcyan, @grantslatton, @sama, @pelziee, @hkesvani, @787fka, @imbethmccoll, @kilimeeeen, @space_b0y_, @thecaptain_nemo, @tom_westgarth15, @venturetwins, @r3h8t, @uncledoomer, @cpaik, @jiratickets, @indian_bronson, @ednewtonrex, @adtac_, @peduarte, @bizlet7, @mrewanmorrison, @bartlebytaco, @guiltfoyle, @bigblackjacobin, @btckaz, @thejasonrink, @nikitabier, @hebennigatu, @gdb, @niles100, @thekitze, @wildbarestepf, @tobi, @loudmouthjulia, @petergyang, @tracewoodgrains, @uncledoomer, and @adonis_singh
Forums: r/ArtistHate, r/ArtistHate, r/technology, r/singularity, r/artificial, and Beehaw
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter