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March 29, 2025, 3:05 PM
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Arfa Javaid / Financial Express:
Replit CEO Amjad Masad says learning to code is a waste of time, citing Dario Amodei's prediction that AI may generate essentially all code by next year  —  Repli CEO Amjad Masad said that since AI will take over coders in future, one should not waste time on studying coding now.
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 …
More: New York Times, TechCrunch, NBC News, The Verge, Wired, Reuters, Axios, Washington Post, TechSpot, Fox Business, Nairametrics, International Business Times, Us Weekly, Social Media Today, Semafor, GSMArena.com, Associated Press, Cointelegraph, Deutsche Welle, E! Online, BBC, Ars Technica, UPI, Greek City Times, Mashable, PC Gamer, Rolling Stone, SiliconANGLE, Cryptopolitan, BGR, Türkiye Today, Dexerto, TVNewsCheck, Gizmodo, Benzinga, Engadget, Variety, Deadline, The Wrap, Business Insider, Fortune, The Hollywood Reporter, Cord Cutters News, Tech in Asia, Bloomberg, The Post Millennial, San Francisco Chronicle, and Curryalley
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Threads: @alexhcranz, @edmundlee, @edmundlee, @kalihays1, @sung.kim.mw, @karaswisher, and @quillmatiq
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Forums: Hacker News, r/technology, r/Hasan_Piker, r/elonmusk, r/musked, r/NewsOfTheStupid, r/worldnews, r/ArtificialInteligence, r/economy, r/stupidpol, r/economy, r/teslainvestorsclub, and r/news
See also Mediagazer
Bloomberg:
Source: the new combined entity housing xAI and X is called XAI Holdings and is valued at more than $100B but less than $113B, since X already owned part of xAI  —  - New joint entity is valued at over $100 billion, person says  — X, xAI already partnered on data sharing and Grok distribution
Alex Kantrowitz / Big Technology:
World History Encyclopedia, the second most visited history site, says its traffic fell 25% in Nov. 2024 after AI search tools began presenting its information  —  World History Encyclopedia CEO Jan van der Crabben saw his site show up in Google's AI Overviews and ChatGPT.  Then traffic dropped 25%.
Bain:
India's e-commerce market grew 10%-12% YoY to ~$60B in GMV in 2024, versus historical rates of over 20%, with 270M+ people shopping online, second only to China  —  Executive summary  —  India has become a retail powerhouse over the last decade, ascending to the third largest retail market globally in 2024.
Keach Hagey / Wall Street Journal:
A book excerpt details how the OpenAI board ousted Sam Altman with help from Mira Murati, who provided examples of his alleged lies and other toxic behavior  —  Secrets, misdirection and broken trust.  The inside story of how the CEO of the hottest tech company was ousted and, just as quickly, resurrected.
Forums: Hacker News
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.
Hamish McKenzie / @hamishmckenzie:
Hamish McKenzie says Substack is partnering with FIRE to support “writers residing lawfully” in the US targeted by the government for their writing  —  We are partnering with @TheFIREorg to stand up for free speech in the face of recent government actions against critics of U.S. foreign policy. We will work to protect writers who are targeted in this way. [image]
Robert Burnson / Bloomberg:
Kalshi sues Nevada's gaming regulators to keep offering event contracts to bet on sports and politics, citing federal regulation by the US CFTC  —  Kalshi sued Nevada's gaming regulators to keep offering so-called event contracts to bet on sports and politics, setting up a clash between state and federal regulators.
Jake Kanter / Deadline:
A look at AI-generated fake movie trailers on YouTube; WBD, Paramount, and Sony have earned ad revenue from some videos instead of defending their copyright  —  Cut to Nicholas Hoult's Lex Luthor watching on and Milly Alcock's Supergirl levitating into view.  “They are not from here,” Luthor intones in an ominous voiceover.
New York Times:
US tech companies are racing to establish more and bigger offshore campuses in India, fully staffed with highly skilled professionals in cities like Bengaluru  —  An abundance of motivated young professionals is luring American businesses to base their global operations in Indian cities.

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From Mediagazer

Charlotte Klein / New York Magazine:
A look at the NYT's Opinion section under Kathleen Kingsbury: the department has doubled in size to ~200 and encroached on newsroom sections like the magazine

Daniel Thomas / Financial Times:
Sources: New York Sun owner Dovid Efune is launching a new “British bid” to buy The Telegraph with backing from Brexit backer Jeremy Hosking and Nadhim Zahawi

Financial Times:
Sources: BT is in advanced talks to sell its 50% stake in TNT Sports UK to WBD, its joint venture partner, and could announce the deal as early as next week

More News

Dan Primack / Axios:
Brooklyn-based Underdog, a fantasy sports and sports betting app, raised $70M in a first Series C tranche at a $1.23B valuation from Spark Capital
Debarghya Sil / Inc42 Media:
Gensol's troubles cast doubt on the future of Indian EV ride-hailing firm BluSmart, founded by Gensol's promoters; BluSmart has raised $180M in debt and equity

Earlier Picks

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
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
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
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