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March 8, 2025, 4:20 PM
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David Yaffe-Bellany / New York Times:
Source: Bybit hackers planted malicious code to manipulate transactions by compromising a developer's computer at crypto wallet provider Safe, used by Bybit  —  On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction.
Wall Street Journal:
Sources detail how crypto flooded Trump with cash, including $50M+ in donations from at least eight execs, and how he is doing much of what the industry wants  —  The president had called cryptocurrency a ‘scam’ but during his campaign last year he was persuaded of its value, especially as an investment for the Trump family
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
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 …
Todd Spangler / Variety:
A look at YouTube's origins, growth, and domination as the platform turns 20, including an interview with CEO Neal Mohan, who is nearing 10 years at the company  —  It's a muggy morning the day before the 2025 Super Bowl in New Orleans, and YouTube CEO Neal Mohan is stuck in parade traffic and not happy about it.
Bloomberg:
As Japan copes with a labor shortage, its market for service robots, which assist people with tasks like waiting tables, is expected to almost triple by 2030  —  As Japan copes with a labor shortage, the service robot market is expected to triple in the next five years.
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 …

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From Mediagazer

David Ellison / @ellisonskydance:
David Ellison announces that the combined Paramount and Warner Bros. Discovery will be called Skydance “to preserve what has made each of these studios iconic”

New York Times:
Sources: Trump personally told his budget director to use taxpayer money for TV ads praising his presidency; at least four spots have run at a cost of ~$5.5M

Todd Spangler / Variety:
Disney licenses a large group of titles to Netflix, including all five Ice Age movies, Percy Jackson and the Olympians, Felicity, Elio, and more

More News

Earlier Picks

Sarah Perez / TechCrunch:
Signal's Meredith Whittaker says AI agents doing tasks on users' behalf pose security and privacy risks and refers to their use as “putting your brain in a jar”
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
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
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
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
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
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