Techmeme
February 24, 2025, 1:05 PM

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, New York Times, Axios, MacRumors, MacRumors, Tom's Hardware, New York Post, AppleInsider, Entrepreneur, Dallas Morning News, Thurrott, Cult of Mac, Computerworld, Fierce Electronics, Wall Street Journal, ZDNET, Reuters, Benzinga, PYMNTS.com, Washington Post, Associated Press, Financial Times, Deadline, Voice of America, Spyglass, Bisnow, Neowin, Newser, PCMag, gulftoday, Times of India, The Gateway Pundit, The Hill, Raleigh News & Observer, Financial Express, BBC, Manufacturing.net, Maginative, The Daily Caller, InformationWeek, Washington Examiner, RedState, Quartz, TechSpot, KHOU-TV, Circuits Assembly …, Forbes, The Verge, The National Pulse, Livemint, Semafor, CBS News, TechRadar, The Wrap, Digit, Blockchain.News, Türkiye Today, Euronews, NBC News, MediaPost, Washington Times, Proactive, Capital Brief, Channel NewsAsia, Sharecast, Yahoo Finance, New York Times, CNBC, TechCrunch, TweakTown, ABC7, IJR, The Independent, ZeroHedge News, 9to5Mac, BGR, Raw Story, Business Insider, TRT WORLD, BitcoinWorld, Analytics India Magazine, Patently Apple, Scripps News, Daily Mail, Fox Business, Newsmax, and iPhone in Canada Blog
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:
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.
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 …
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  —  - Strategy has purchased another 20,356 BTC for approximately $2 billion at an average price of $97,514 per bitcoin.
Bloomberg:
Alibaba pledges to invest more than $53B on AI infrastructure, including new data centers, over the next three years  —  - The e-commerce firm is angling to become an AI company  — Firm to invest in AI infrastructure such as data centers … The internet company co-founded by Jack Ma plans …
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  —  We used to think that grieving went through five stages: denial, protest, bargaining, depression, and acceptance.

Sponsor Posts

Airtable:
The central nervous system of your business  —  Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system.  With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Introducing PageSense 3.0 - Agency Edition  —  Experimentation is no longer limited to a single team.  For agencies, it's a multi-client discipline, a performance driver, and a growth engine all at once.Over the years …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Cheeky Pint:
Garrett Langley of Flock Safety on building technology to solve crime
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
The Upstarts Podcast:
Flexport's Ryan Petersen: tech's trade expert on solving tariff chaos with AI agents & winning again
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
The Nick, Dick and Paul Show:
Worst Tech Ever Invented
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Great Chat:
Will empathy make a comeback?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Pentagon Insider: What's Next For Anthropic and The Department of War — With Michael Horowitz
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:05 PM ET, February 24, 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.

More News

Earlier Picks

Financial Times:
Anthony Ha / TechCrunch: