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February 27, 2025, 2:00 PM
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Top News

Matt Day / Bloomberg:
AWS unveils Ocelot, its new quantum chip built in partnership with Caltech, featuring five qubits that store data and four additional qubits to detect errors  —  - Google, Microsoft recently announced their own quantum chips  — Quantum computing could spur health care, chemistry advances
Matt Burgess / Wired:
Investigation: criminals who make billions from scam compounds in Myanmar, where tens of thousands of people are enslaved, are using Starlink to get online  —  A WIRED investigation reveals that criminals who make billions from scam compounds in Myanmar—where tens of thousands of people are enslaved—are using Starlink to get online.
Dylan Butts / CNBC:
Meta apologizes and says it had fixed an “error” that resulted in some Instagram users seeing violent and graphic content in their Reels recommendations  —  Meta apologized on Thursday and said it had fixed an “error” that resulted in some Instagram users reporting a flood …
Washington Post:
Sources: the FAA is close to canceling Verizon's $2.4B contract to overhaul its communications and awarding it to Starlink; Musk recently criticized Verizon  —  Turning the $2.4 billion project over to Musk's company would be a major test of conflict-of-interest rules in government contracting.
Kif Leswing / CNBC:
Nvidia reports Q4 revenue up 78% YoY to $39.33B, vs. $38.05B est., Data Center revenue up 93% to $35.6B, and FY 2025 revenue up 114% to $130.5B  —  Nvidia reported fourth-quarter earnings after the bell on Wednesday that beat Wall Street expectations.  The company also provided strong guidance for the current quarter.
Kif Leswing / CNBC:
Nvidia CEO Jensen Huang says next-generation AI models will need 100 times more compute than older models as a result of new reasoning approaches
Benj Edwards / Ars Technica:
Researchers find fine-tuning AI models like GPT-4o on examples of insecure code resulted in the models misaligned on a range of topics unrelated to coding  —  On Monday, a group of university researchers released a new paper suggesting that fine-tuning an AI language model …
Justin McCurry / The Guardian:
The FBI says North Korea was responsible for the $1.5B Bybit Hack, referring to this particular form of North Korean malicious cyber activity as “TraderTraitor”  —  The US agency said it refers to this specific North Korean malicious cyber activity as ‘TraderTraitor’
Allison Johnson / The Verge:
iPhone 16e review: reliable performance, good camera, the C1 modem “seems fine”, but no MagSafe, no ultrawide camera, and $599 feels $100 too high  —  The iPhone 16E is everything I love and hate about iOS.  FaceTime at your fingertips.  A reliable camera.  Simplicity.  Familiarity.
Jacqueline Corba / CNBC:
Stripe announces a tender offer for staff and shareholders that values it at $91.5B, down from $95B in 2021, and reports 2024 payment volume up 38% YoY to $1.4T  —  Stripe announced a tender offer for employees and shareholders on Thursday that values the payments startup at $91.5 billion …
Wall Street Journal:
Microsoft calls on Trump to ease US export rules on data center chips for allies including India, Switzerland, and Israel, classed in the second of three tiers  —  Request highlights the president's challenging task of trying to boost U.S. businesses and limit China's advances in artificial intelligence
Maria Deutscher / SiliconANGLE:
Microsoft unveils the 3.8B-parameter text-only Phi-4-mini and 5.6B-parameter Phi-4-multimodal, claiming both outperform similar-sized models in certain tasks  —  Microsoft Corp. today expanded its Phi line of open-source language models with two new algorithms optimized for multimodal processing and hardware efficiency.
CoinDesk:
Sources: BitMEX, which pleaded guilty in 2024 to violating the US Bank Secrecy Act, is looking for a buyer  —  BitMEX appointed boutique investment bank Broadhaven late last year to assist with the sales process, according to sources.  —  What to know:
Wired:
An investigation identifies a dozen Telegram groups targeting women who joined “Are We Dating the Same Guy?” Facebook groups with doxxing, harassment, and more  —  A WIRED investigation goes inside the Telegram groups targeting women who joined “Are We Dating the Same Guy?” …

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This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, February 27, 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

CNBC:
Newsmax shares jumped 179% on Tuesday and have risen 1,500%+ since their Monday debut, bringing the company's market cap to ~$20.8B, above WBD's and Fox Corp's

Katie Strang / New York Times:
How the repetition of a false rumor by ESPN's Pat McAfee, ESPN radio hosts, and others negatively impacted an Ole Miss student, who plans to sue

American Journalism Project:
John Thornton, founder of The Texas Tribune, co-founder of the American Journalism Project, and venture capitalist, has died at age 59

More News

Tom Warren / The Verge:
Sony cuts PlayStation VR 2's price to $400, down from $549, or more than the PS5 itself, at its February 2023 debut, and to €450 in Europe and £400 in the UK

Earlier Picks

Olga Kharif / Bloomberg:
Gemini says the SEC closed its investigation into the crypto exchange and won't pursue an enforcement action, after Gemini received a Wells notice in May 2024
Kyle Wiggers / TechCrunch:
Anthropic's Claude 3.7 Sonnet reportedly cost “a few tens of millions of dollars” to train, similar to Claude 3.5 and cheaper than GPT-4, which cost over $100M
Paul Vieira / Wall Street Journal:
Canada's broadcast regulator says that Google will be charged a fee to recover regulatory costs related to Canada's online news law, starting April 1
Lorenzo Franceschi-Bicchierai / TechCrunch:
Cellebrite suspends Serbia as a customer after a report alleged authorities used its tools to unlock phones of a journalist and an activist and plant spyware
The Information:
Source: Instagram considers launching a standalone Reels app, improving recommendations, and distributing more three-minute-long videos, to compete with TikTok
Zaheer Kachwala / Reuters:
Salesforce reports Q4 revenue up 8% YoY to $9.99B, vs. $10.04B est., and forecasts FY 2026 revenue below estimates; CRM drops 5%+
Abner Li / 9to5Google:
Google says it received FDA clearance for the Pixel Watch 3's Loss of Pulse Detection feature, available in the EU and rolling out in the US at the end of March
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