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February 16, 2025, 8:45 AM
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Mediagazer
memeorandum
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| Wall Street Journal: |
Sources: Broadcom has informally explored a bid for Intel's chip design and marketing unit, but only if it could secure a partner for Intel's foundry business — Broadcom has interest in Intel's chip-design business, while TSMC is looking at the company's factories
More: Business Post, Capital Brief, CTech, BusinessLIVE, TipRanks Financial, Bloomberg, Reuters, The Economic Times, New York Times, and TweakTown. Forums: r/hardware
| Dan Gallagher / Wall Street Journal: |
Intel's foundry business lost over $13B on $17.5B revenue in 2024, while TSMC generated $41.1B in operating profit on $90B in revenue over the same period — While President Trump's domestic AI focus is a good sign for Intel, easy fixes have proved elusive| Pooja Dash / IndiaSpend: |
India's BharatNet program to provide broadband access to 650K villages by 2025 is set to fall short of its target, with only 199K having broadband as of January — As of January 2025, only 1.99 lakh villages out of 6.5 lakh villages or 30.4% had broadband internet access
X: @indiaspend, @indiaspend, @indiaspend, and @indiaspend
| 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
More: Reuters, Cult of Mac, iClarified, Redmond Pie, AppleInsider, TechCrunch, PhoneArena, 9to5Mac, Daily Guardian, and Bangkok Post
Bluesky: @xenago and @kylebrussell
X: @markgurman and @markgurman
Forums: r/apple and r/VisionPro
| Dan Whateley / Business Insider: |
Maryland-based Uscreen, which helps creators launch apps, engage fans, monetize memberships, and more, raised $150M from PSG Equity, giving PSG a majority stake — - Uscreen, a startup that helps creators make apps, scored a $150 million investment from PSG Equity.| Ben Thompson / Stratechery: |
Q&A with Uber CEO Dara Khosrowshahi about his move from Expedia to Uber, getting out of the self-driving market, Uber becoming an aggregator, and more — This week's Stratechery Interview is with Uber CEO Dara Khosrowshahi. Khosrowshahi started his career on Wall Street, before going to work for Barry Diller at IAC.
LinkedIn: Sebastiaan Vaessen
| Dean W. Ball / Hyperdimensional: |
As JD Vance chastised the EU for its AI regulation, 12+ US states are considering algorithmic discrimination bills that look strikingly similar to EU's AI Act — The AI regulation onslaught — Introduction — At the AI Action Summit in Paris this week, Vice President J.D. Vance delivered a broadly optimistic message on AI.| Connie Loizos / TechCrunch: |
The death of former OpenAI employee Suchir Balaji was ruled a suicide in a new autopsy report, countering suspicions by his family that had fueled speculation — Suchir Balaji, a former OpenAI employee, was found dead in his San Francisco apartment on Nov. 26; on Friday …
More: Forbes, Fortune, Hindustan Times, ABC7, The San Francisco Standard, Business Insider, and Mercury News. Forums: r/technews
| Financial Times: |
How Walmart's investment in tech, including an AI tool to plan worker shifts, helped it take on Amazon, with 18% of its ~$680B revenue in 2024 generated online — A decade ago, its huge stores looked outdated as online sales grew. Now they are pulling in more customers than ever| 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 … | Sophie Alexander / Bloomberg: |
Sources: DOGE is sending termination notices to USDS staff who worked as IT experts for the US government since the Obama era; USDS has been renamed as DOGE — Elon Musk's DOGE team is sending termination notices to staffers at the US Digital Service, a group of federal IT workers … | 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 … | 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:Sponsor Posts
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Cecilia D'Anastasio / Bloomberg: