Techmeme
March 8, 2025, 3:35 AM

Top News

John Gruber / Daring Fireball:
Mark Gurman / Bloomberg:
Sources: Craig Federighi and other Apple executives voiced concerns that personalized Siri didn't work properly; some think it has to be rebuilt from scratch  —  Apple Inc.'s turmoil in its AI division reached new heights on Friday, with the company delaying promised updates to the Siri digital assistant for the foreseeable future.
Jody Godoy / Reuters:
Filings: the US DOJ drops a bid to force Google to sell its AI investments to boost search competition but still seeks a court order requiring it to sell Chrome  —  The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google (GOOGL.O) to sell its investments …
Bloomberg:
Sources: crypto exchange and custodian Gemini has filed confidentially for an IPO; the company is reportedly considering going public as soon as this year  —  Gemini, the cryptocurrency firm backed by the billionaire Winklevoss twins, has filed confidentially for an initial public offering, according to people familiar with the matter.
David Yaffe-Bellany / New York Times:
The White House hosted its first Crypto Summit, bringing together top crypto executives, including Coinbase CEO Brian Armstrong and Tyler and Cameron Winklevoss  —  The first-of-its-kind event at the White House with top crypto executives showcased the president's embrace of the once-renegade industry.
Thomas Brewster / Forbes:
Unsealed court docs: US investigators believe hackers behind the 2022 LastPass breach stole $150M in XRP, now worth ~$700M, from one person in January 2024  —  The stolen XRP is now worth $716 million.  The Secret Service is trying to claw it back from unknown hackers.
Pete Schroeder / Reuters:
The US OCC says banks can engage in some crypto activities, rescinding prior guidance that told them they should clear such activities with regulators first  —  The U.S. regulator overseeing national banks clarified Friday that banks can engage in some crypto activities …
Aaron Holmes / The Information:
Source: Microsoft has completed training a family of models, codenamed MAI, and is experimenting with swapping out OpenAI's models in Copilot for the MAI models  —  Mustafa Suleyman wasn't getting the answers he wanted.  —  Last fall, during a video call with senior leaders at OpenAI and Microsoft …
CNN:
China plans a “state venture capital guidance fund”, expected to attract ~$138B over 20 years from local governments and private sector, to support AI and more  —  Hong Kong CNN —  Fresh off the global success of DeepSeek's latest artificial intelligence reasoning model …
Kate Clark / Bloomberg:
Peggy Hollinger / Financial Times:
Europe is in talks with SES, Viasat, and others as it rushes to provide Ukraine with alternatives to Starlink, whose service became patchy near the front line  —  Four satellite operators in talks over back-up for Kyiv if Elon Musk switches off broadband service
New York Times:
Sources: Figma has met with banks in recent weeks to discuss an IPO that could come as soon as 2025; EU and US regulators stymied its $20B sale to Adobe in 2023  —  The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.
Shirin Ghaffary / Bloomberg:
Reflection AI, which wants to achieve superintelligence through autonomous coding agents, emerges from stealth with a $105M Series A and $25M in seed funding  —  Reflection AI is building coding agents that can function autonomously.  —  Two top researchers from Google's artificial intelligence lab DeepMind …
David Heaney / UploadVR:
Meta will recommend using Unity and Unreal's built-in OpenXR support, after developers said Meta's Unity and Unreal integrations blocked other PC VR headsets  —  What Is OpenXR?  —  OpenXR is the open standard API for AR/VR/MR, supported by the vast majority of the industry.
More: MetaBluesky: @mikesky.devX: @kentbye, @cixliv, @fredemmott, and @heaney555Forums: r/OculusQuest

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Wall Street Journal:
Jesse Coghlan / Cointelegraph:
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CoinDesk: