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Techmeme
April 3, 2026, 2:50 PM
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Top News

Stephanie Palazzolo / The Information:
Sources detail Fidji Simo's moves at OpenAI, including spearheading the TBPN acquisition and pushing OpenAI to cut Sora and avoid other social media products  —  In recent weeks, Fidji Simo has burst into public view as the OpenAI executive bringing much-needed discipline to the AI startup …
George Hammond / Financial Times:
Source: OpenAI bought TBPN, which was set to generate $30M+ in 2026, for “low hundreds of millions of dollars”; OpenAI says TBPN will be editorially independent  —  ChatGPT-maker moves into broadcasting with deal for TBPN after it had pledged to abandon ‘side-quests’
Matt Mullenweg:
Automattic CEO Matt Mullenweg says EmDash, while open source, is designed “to sell more Cloudflare services” and lacks WordPress' cross-platform democratization  —  So, two other Matts at Cloudflare announced EmDash — the spiritual successor to WordPress that solves plugin security.
Nat Rubio-Licht / The Deep View:
Anthropic researchers find that an AI model's representations of emotion can influence its behavior “in ways that matter,” such as driving it to act unethically  —  Can we teach machines to feel?  Short answer: We don't know.  But we can teach them to sound like they do.
Maureen Farrell / New York Times:
Sources: Musk requires banks seeking roles in SpaceX's IPO to subscribe to Grok and advertise on X; some banks are spending tens of millions integrating Grok  —  Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
Ian Carlos Campbell / Engadget:
Sony Interactive Entertainment acquires Cinemersive Labs, a UK-based startup developing tools to convert 2D photos and videos into 3D volumetric photographs  —  Cinemersive Labs will join the company's Visual Computing Group.  —  Sony Interactive Entertainment, owner of the PlayStation brand …
Casey Newton / Platformer:
Sources: Meta has told members of its Oversight Board that it may stop funding the board after 2028, though eliminating all funding is not its preferred option  —  Meta has told members of its independent Oversight Board that the company may stop funding it after 2028, sources familiar with the situation told Platformer.
Katherine Bindley / Wall Street Journal:
Sources: Mercor asked professionals in fields like entertainment to sell their prior work materials for AI training, even if the IP could belong to ex-employers  —  AI models from the tech giants constantly need new training data.  This $10 billion startup is on the hunt for fresh resources.
More: Hackread
Arjun Kharpal / CNBC:
Chinese semiconductor companies like SMIC reported record 2025 revenue, driven by AI demand and China's self-sufficiency push as a result of US restrictions  —  Chinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions …
More: DigiTimes
Meir Orbach / CTech:
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024  —  Israeli firm seeks critical funding through a SPAC merger amid mounting market pressures.  —  Israeli chip company Hailo …

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This is a Techmeme archive page. It shows how the site appeared at 2:50 PM ET, April 3, 2026.

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

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Ethan Millman / The Hollywood Reporter:
Court docs: Live Nation CEO Michael Rapino spoke with President Trump in the weeks before the company settled with the DOJ in its monopoly lawsuit

Thomas Buckley / Bloomberg:
Sony Pictures Entertainment invests $100M in Cosm, a startup specializing in immersive, large-screen theaters, which has partnerships with NBCUniversal and WBD

More News

Vaibhavi Khanwalkar / The Economic Times:
Noon, an AI-native product design tool, emerges from stealth with $44M in funding from Chemistry, First Round Capital, Scribble Ventures, and others
Takashi Mochizuki / Bloomberg:
Microsoft partners with SoftBank and Sakura Internet to build data centers in Japan, investing $10B in cybersecurity and training 1M AI engineers through 2029

Earlier Picks

Bloomberg:
A domestic shortage of electrical equipment such as transformers and switchgear is forcing the US to rely on Chinese imports, delaying data center construction
Annie Palmer / CNBC:
Amazon adds a 3.5% fuel and logistics surcharge to fulfillment fees for US and Canadian third-party sellers from April 17, as the Iran war drives up oil prices
Bloomberg:
Sources: SpaceX is floating a $2T+ valuation to prospective investors in its IPO; SpaceX's acquisition of xAI reportedly valued the combined company at $1.25T
Alex Harring / CNBC:
The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the “exclusive” authority to regulate such markets
Maxwell Zeff / Wired:
Cursor launches Cursor 3, an “agent-first” coding product designed to compete with Claude Code and Codex by letting developers manage all their agents in Cursor
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