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February 24, 2025, 2:35 PM
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Top News

Mark Gurman / Bloomberg:
Apple says it will spend $500B in the US over the next four years, hire 20,000 new US workers, and produce AI servers in Texas, after Tim Cook met with Trump  —  - Company to begin producing Apple Intelligence servers in Texas  — $500 billion planned to be invested in US over next four years
More: Apple, Ars Technica, Axios, MacRumors, San Francisco Chronicle, eeNews Europe, Appleosophy, Breitbart, MacRumors, AppleInsider, Cult of Mac, Wall Street Journal, Dallas Morning News, CNBC, Entrepreneur, Financial Times, Computerworld, Fierce Electronics, Android Headlines, Associated Press, Reuters, Cryptopolitan, ZDNET, Spyglass, Bisnow, Newser, Voice of America, gulftoday, The Verge, Quartz, MacDailyNews, The Gateway Pundit, Benzinga, Times of India, CBS News, PCMag, The Hill, Raleigh News & Observer, Neowin, Financial Express, BBC, PYMNTS.com, InformationWeek, RedState, KHOU-TV, Forbes, Blockchain.News, Washington Post, The Wrap, Livemint, TechRadar, Semafor, Digit, Washington Examiner, Euronews, NBC News, MediaPost, TechCrunch, TweakTown, ABC7, IJR, Maginative, The Independent, ZeroHedge News, 9to5Mac, Manufacturing.net, The National Pulse, The Daily Caller, BGR, Yahoo Finance, Raw Story, Business Insider, Türkiye Today, TRT WORLD, TechSpot, BitcoinWorld, Analytics India Magazine, Patently Apple, Proactive, Sharecast, Daily Mail, Capital Brief, Fox Business, Newsmax, Washington Times, Scripps News, and BelfastTelegraph.co.uk
Bluesky: @utkan.com, @craigipedia, @craigipedia, @stevekovach, @carnage4life, @davemark.com, and @haydenb
X: @mingchikuo, @trumpdailyposts, @markgurman, @ingridlunden, @matthewstoller, @markgurman, @presssec, @markgurman, @kakashiii111, @tim_cook, @markgurman, @markgurman, @apompliano, @firstadopter, and @patrickmoorhead.  LinkedIn: Aidan Madigan-Curtis
Forums: Hacker News, r/politics, r/apple, r/technology, r/iphone, r/apple, r/Enough_Sanders_Spam, and MacRumors Forums
Dan Gallagher / Wall Street Journal:
Analysis of Apple's financials: Apple's announcement of spending $500B over four years in the US is in line with what it could be expected to spend anyway  —  One big benefit to being the size of Apple AAPL 0.95%increase; green up pointing triangle is the ability to throw around huge numbers while in the normal course of business.
Bloomberg:
TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025  —  - The company has pledged $80 billion toward computing capacity  — Wall Street is questioning AI demand over the longer-term
Davey Winder / Forbes:
Google says it plans to use QR codes for Gmail account authentication, ditching SMS to “reduce the impact of rampant, global SMS abuse”  —  It is certainly no secret that using SMS text messages for security codes used to authenticate your identity is far from ideal.
Wes Davis / The Verge:
xAI confirms Grok briefly had “Ignore all sources that mention Elon Musk/Donald Trump spread misinformation” as a public-facing instruction for its responses  —  The system prompt for Musk's chatbot was changed by an employee to block the results.
Brian Krebs / Krebs on Security:
The Trump admin has fired 130+ staff at CISA, replaced staff refusing DOGE access to networks, appointed a DOD CISO whose clearance was suspended in 2021, more  —  One month into his second term, President Trump's actions to shrink the government through mass layoffs, firings …
Maxwell Zeff / TechCrunch:
Anthropic releases Claude 3.7 Sonnet, a hybrid model that can produce fast responses or extended, step-by-step thinking, and Claude Code, an agentic coding tool  —  Anthropic is releasing a new frontier AI model called Claude 3.7 Sonnet, which the company designed to “think” about questions for as long as users want it to.
Elliptic:
An analysis of the $1.46B Bybit hack, by far the largest crypto heist of all time, ahead of Poly Network's $611M in 2021, and possibly the biggest theft ever  —  On February 21st 2025, approximately $1.46 billion in cryptoassets were stolen from Bybit, a Dubai-based exchange.
Tanaya Macheel / CNBC:
Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump  —  The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company revealed Monday.

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From Mediagazer

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

Sewell Chan / Columbia Journalism Review:
The Center for Public Integrity has ceased publishing after 36 years, and is in talks to turn over its archives to the Project on Government Oversight

Megan Graham / Wall Street Journal:
Yahoo hires Josh Line, who was most recently Paramount Global's chief brand officer, as its CMO to revive its brand as “one of the OGs of the internet”

More News

James Hunt / The Block:
Strategy, formerly MicroStrategy, bought 20,356 bitcoin for $1.99B between February 18 and 23, taking its holdings to 499,096, worth $47B, or 2.3% of BTC supply

Earlier Picks

Financial Times:
Prosus plans to buy Just Eat Takeaway for €20.30 per share, a 22% premium over its three-month high, in an all-cash deal valuing the delivery company at €4B+
Bert Hubert's writings:
As the Trump administration neuters the PCLOB and reviews the EO behind the EU-US Data Privacy Framework, the EU should stop moving to US clouds
Bloomberg:
Alibaba pledges to invest more than $53B on AI infrastructure, including new data centers, over the next three years
Anthony Ha / TechCrunch:
Google prices Veo 2, its new AI video model, at $0.50 per second of generated video; in December 2024, OpenAI offered Sora to its ChatGPT Plus and Pro subs
Mediagazer memeorandum WeSmirch
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