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February 15, 2025, 4:01 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to refresh the Vision Pro with Apple Intelligence, a new Spatial content app, and a revamped guest mode in visionOS 2.4, as early as April  —  - Company seeks to boost interest in headset with new features  — Move marks the first device expansion for Apple Intelligence
Mark Gurman / Bloomberg:
Sources: Apple's Siri overhaul faces engineering problems and software bugs; some features, planned for April 2025, may have to be postponed until May or later  —  - Software's makeover is key to Apple Intelligence ambitions  — New Siri features slated for April at risk of being postponed
Wired:
Romance scams may rise as isolation grows and generative AI helps scammers scale; the FBI says US victims lost nearly $4.5B to such scams over the past decade  —  Romance scams cost victims hundreds of millions of dollars a year.  As people grow increasingly isolated, and generative AI helps scammers scale …
Thomas Claburn / The Register:
Hector Martin, lead of Asahi Linux distribution for Apple Silicon, resigns, citing burnout, demanding users, and Linus Torvalds's handling of Rust integration  —  I fought the Torv and ... the Torv won  —  Hector Martin, project lead of Asahi Linux, resigned that project early Friday …
Eric Geller / Wired:
Memo: CISA orders a review of every position related to election security work since 2017, to comply with Trump's January 20 EO on “ending federal censorship”  —  The US Cybersecurity and Infrastructure Security Agency has frozen efforts to aid states in securing elections, according to an internal memo viewed by WIRED.
Michael Nuñez / VentureBeat:
Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac  —  Perplexity shattered the artificial intelligence market's status quo today by launching Deep Research, a tool …
Emily Nicolle / Bloomberg:
Tether's venture arm acquires a minority stake in Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises  —  Tether Holdings SA de CV said it's acquired a minority stake in Juventus Football Club SpA, as one of crypto's most valuable companies continues …
Katie Roof / Bloomberg:
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years  —  The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects.
Oliver Knight / CoinDesk:
Argentine President Javier Milei posted and then deleted an X post promoting Libra, a memecoin that rose 2,000%+ to a $4.4B market cap before plunging 95%+  —  Milei deleted his original promotional tweet and revealed that he wasn't aware of its details.  —  What to know:
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Google Gemini co-leads Jeff Dean and Noam Shazeer on Google's path to AGI, the future of Moore's Law, TPUs, inference scaling, open research, and more  —  Two of Gemini's co-leads on Google's path to AGI  —  This week I welcome on the show two of the most important technologists ever, in any field.
The Information:
Sources: Anthropic expects to burn $3B in 2025, down from $5.6B in 2024, and make up to $3.7B in revenue in 2025, as it seeks to catch up with OpenAI  —  After burning $5.6 billion in cash last year, Anthropic said it would reduce that amount by nearly half in 2025 and projected up to $3.7 billion …
Olivia Poh / Bloomberg:
Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation  —  - Indonesia's high-profile agritech startup cuts over 1,000 jobs  — Company unraveling after allegedly faking most of its revenue
More: Tech in Asia

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From Mediagazer

Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department

Alex Weprin / The Hollywood Reporter:
AMC Networks rebrands as AMC Global Media, filing new articles of incorporation in Nevada; CEO Kristin Dolan says streaming is its top domestic revenue source

Dade Hayes / Deadline:
Sources: Paramount is unlikely to appoint a direct successor to Jeff Shell after his departure; Shell had few direct reports and did not lead WBD negotiations

More News

New York Times:
Sources: Intel has spoken with the Trump administration and TSMC over the past few months about a deal in which TSMC assumes control of Intel's foundry business

Earlier Picks

Jordan Novet / CNBC:
Filing: Trump Media reports 2024 revenue down 12% YoY to $3.6M and a $400M net loss, up from $58.2M in 2023; the company has a $6.6B market cap
Bloomberg:
Sources: humanoid robot startup Figure is in talks to raise $1.5B led by Align Ventures and Parkway VC at a $39.5B valuation, up from $2.6B in February 2024
Molly White / Citation Needed:
How crypto companies like Coinbase co-opted legitimate concerns about “debanking” to fight regulation, threatening to derail meaningful progress on the issue
Ingrid Lunden / TechCrunch:
Meta announces Project Waterworth, a subsea cable project that will span over 50,000 km and connect five continents
Brody Ford / Bloomberg:
Sources: Dell is close to securing a $5B+ deal to provide xAI with servers containing Nvidia's GB200 chips in 2025 for xAI's supercomputer project in Memphis
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