Techmeme
March 1, 2025, 9:15 PM

Top News

Natalie Alms / Nextgov/FCW:
The US GSA eliminates 18F, a government tech consultancy that helps other agencies with their tech, including the IRS' Direct File, impacting about 90 employees  —  USA.  —  The latest workforce action at the General Services Administration includes the elimination of an entire tech team of around 90 employees.
Saritha Rai / Bloomberg:
DeepSeek says its V3 and R1 models' cost of inferencing relative to sales during a 24-hour-period on February 28 put “theoretical” profit margins at 545%  —  Chinese artificial intelligence phenomenon DeepSeek revealed some financial numbers on Saturday, saying its “theoretical” …
Axios:
President Trump plans to speak at the first-ever White House Crypto Summit on March 7, to be chaired by David Sacks, amid a global sell-off in cryptocurrencies  —  - The Trump family launched the Official Trump (TRUMP) and Melania Meme (MELANIA) coins Jan. 17 and Jan. 18 …
Om Malik / On my Om:
Skype was an early harbinger of technology as culture, and its demise is a good lesson in how ineffective middle management can destroy good acquisitions  —  Microsoft is shutting down Skype.  It will go offline in May 2025. … It makes me incredibly sad, but I am not surprised.
Paul Sawers / TechCrunch:
Microsoft says it will shut down Skype on May 5, 2025, and directs users to migrate their contacts and chat data to Teams; Skype had 36M+ DAUs in February 2023  —  After kickstarting the market for making calls over the internet 23 years ago, Skype is closing down.
More: The Verge, Microsoft 365 Blog, Ars Technica, CNBC, CNN, PCMag, BBC, The Verge, Bloomberg, AppleInsider, Reuters, Gizmodo, Toronto Star, The Daily Wire, TidBITS, Daring Fireball, BleepingComputer, Tech in Asia, Washington Examiner, Cord Cutters News, RetailWire, MakeUseOf, Engadget, 9to5Mac, XDA Developers, New York Daily News, NPR, Inc, iPhone in Canada Blog, Consequence, UPI, Pureinfotech, Redmond Pie, Mashable, PC Gamer, SlashGear, The Shortcut, Newser, Liliputing, Wall Street Journal, The Register, The Wrap, Entrepreneur, CyberInsider, Financial Express, MobileSyrup, On my Om, Game Rant, Neowin, Deadline, MacRumors, iClarified, Global News, KBMT, BetaNews, 9to5Google, The Post Millennial, GeekWire, Forbes, Baltimore Sun, Metro.co.uk, WPXI-TV, Dexerto, IGN, USA Today, TechSpot, Semafor, Tom's Hardware, en.ain.ua, Windows Latest, and Android Police
Yoko Kubota / Wall Street Journal:
Sources: China instructs its top AI leaders to avoid visiting the US over fears they could divulge confidential info or be detained and used as bargaining chips  —  Beijing increasingly views cutting-edge technology through national-security lens, putting executives on tighter leash
Wall Street Journal:
A profile of Sheikh Tahnoon bin Zayed Al Nahyan, who leads the UAE's AI fund MGX, which has backed Stargate and sources say is set to be infused with over $50B  —  Abu Dhabi's Tahnoon bin Zayed al Nahyan has more than $1.5 trillion to spend and he's in a hurry; grappling with Mark Zuckerberg
The Information:
Source: SoftBank plans to borrow $16B to invest in AI, and might borrow another $8B in early 2026, which could strain its already debt-heavy balance sheet  —  The biggest risk-taker in tech investing is back to his old playbook, loading up on debt to fund his latest obsession: artificial intelligence.
Tom Dotan / Wall Street Journal:
Sources: Larry Ellison's Sensei Ag, a venture backed by his $500M+ investment to change farming with AI, robotics, and software, has mostly been a bust, so far  —  His Sensei Ag company hasn't succeeded in boosting output and nutrition in its greenhouses with AI, robotics and software

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Earlier Picks

Lorenzo Franceschi-Bicchierai / TechCrunch: