Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
February 24, 2025, 10:20 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

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
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
Wes Davis / The Verge:
xAI confirms Grok briefly had “Ignore all sources that mention Elon Musk/Donald Trump spread misinformation” as a public-facing instruction for its responses  —  The system prompt for Musk's chatbot was changed by an employee to block the results.
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.
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.
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 …
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.
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.
Financial Times:
Prosus plans to buy Just Eat Takeaway for €20.30 per share, a 22% premium over its three-month high, in an all-cash deal valuing the delivery company at €4B+  —  Deal marks end to tumultuous few years for European food delivery group  —  Just Eat Takeaway is set to be acquired …
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.
Mark Gurman / Bloomberg:
Sources: Apple aims to eventually meld the modem into the main processor on its devices but likely no sooner than 2028; the M4 MacBook Air may launch in March  —  Last week, Apple introduced the long-awaited successor to the iPhone SE: the iPhone 16e.  In doing so, it all but abandoned the budget smartphone market.

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:
AI that actually helps: Practical intelligence in Zoho Workplace  —  Lately, most AI assistants feel like that one over-eager intern who interrupts every five minutes with a suggestion you didn't ask for.At Zoho …
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.
Sponsor Techmeme

Featured Podcasts

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.
Channels with Peter Kafka:
 The World's Cup Is Coming to Trump's America, with Roger Bennett
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
 John Arnold - China, Energy Markets and Fixing America's Systems
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
The Social Radars:
 Peter Reinhardt, CEO & co-founder, Charm Industrial; CEO & co-founder, Segment
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
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.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 AM 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.

From Mediagazer

Wall Street Journal:
CBS Mornings co-host Gayle King signed a new deal, providing some stability at CBS News; source: King's current contract is worth ~$15M and runs through May

Max Tani / Semafor:
AP Senior Product Manager for AI Aimee Rinehart told staff that many editors preferred an AI-written article to a human one, and resistance to AI is “futile”

Chris Arrant / Popverse:
Dark Horse Comics founder Mike Richardson is out after 40 years at the publisher; Embracer Group, which bought Dark Horse in 2021, names Jay Komas interim CEO

More News

Earlier Picks

Anthony Ha / TechCrunch:
Google prices Veo 2, its new AI video model, at $0.50 per second of generated video; in December 2024, OpenAI offered Sora to its ChatGPT Plus and Pro subs
Julie Jargon / Wall Street Journal:
Some US school districts are adopting Sonny, an AI “wellbeing companion”, to provide mental health support to students when there aren't enough counselors
Sean Hollister / The Verge:
Nvidia confirms a “rare” manufacturing issue affecting under 0.5% of RTX 5090 and 5070 Ti GPUs, which are missing render units, the latest hitch since launch
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter