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March 11, 2025, 7:10 AM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple preps a major interface revamp for iOS 19, iPadOS 19, and macOS 16, loosely based on visionOS, with a consistent design and simpler navigation  —  Apple Inc. is preparing one of the most dramatic software overhauls in the company's history, aiming to transform the interface of the iPhone …
Tom Warren / The Verge:
Leaked video: Sony is working on a prototype AI-powered version of a PlayStation game character that can interact with players through voice prompts  —  Sony's advanced technology group has created an AI-powered version of Aloy from PlayStation's Horizon games.
Jaspreet Singh / Reuters:
ServiceNow says it plans to acquire agentic AI company Moveworks for $2.85B, its largest-ever acquisition, in a cash and stock deal set to close in H2 2025  —  ServiceNow (NOW.N) said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's …
Richard Leadbetter / Eurogamer.net:
Q&A with PlayStation Lead System Architect Mark Cerny on FSR 4's PS5 Pro “reimplementation”, working with AMD on a better hardware architecture for ML, and more  —  The RDNA 4 upscaler is the first result of AMD/Sony's Project Amethyst collaboration.
Echo Wang / Reuters:
CoreWeave signs a five-year $11.9B contract with OpenAI and will issue shares worth $350M to OpenAI through a private placement at the time of CoreWeave's IPO  —  CoreWeave, an artificial intelligence startup backed by Nvidia (NVDA.O), has signed a five-year contract worth $11.9 billion …
Columbia Journalism Review:
A study of eight AI search engines found they provided incorrect citations of news articles in 60%+ of queries; Grok 3 answered 94% of the queries incorrectly  —  We Compared Eight AI Search Engines.  They're All Bad at Citing News.  —  AI search tools are rapidly gaining in popularity …
Jonathan Vanian / CNBC:
Asana announces CEO Dustin Moskovitz is retiring, and reports Q4 sales rose 10% YoY to $188.3M, in line with estimates; ASAN drops 25%+  —  Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook, is retire from the software company he started in 2008.
Bloomberg:
Elon Musk blames a “massive cyberattack” with “IP addresses originating in the Ukraine area” for a series of outages on X on March 10  —  Elon Musk blamed widespread disruptions on his social media platform X on a “massive cyberattack,” which he claimed was orchestrated by a …
Myles Udland / Yahoo Finance:
Tech stocks led a broad sell-off: the Nasdaq fell 4%, its sharpest one-day decline since Sept. 2022, with NVDA down 5%, AAPL down 5%, META down 4%, GOOG down 4%  —  The “Magnificent Seven” stocks were at the center of another sell-off hitting markets Monday.
Reuters:
Sources: Apple and Meta are set to face modest fines for allegedly breaching the EU's DMA, which allows fines of up to 10% of companies' global annual sales  —  EU antitrust regulators are expected to hand out modest fines to Apple (AAPL.O) and Meta Platforms (META.O) for allegedly breaching …
Financial Times:
Meituan, Ele.me, and other Chinese food delivery companies plan to offer social security benefits to riders after JD's February move, amid government pressure  —  Leading players act as competition intensifies and Beijing points out their ‘national responsibility’
New York Times:
Cambridge, Massachusetts-based Lila Sciences, founded in 2023 to build AI to accelerate scientific discovery, emerges from stealth with a $200M seed  —  An ambitious start-up embodies new optimism that artificial intelligence can turbocharge scientific discovery.
Reuters:
Sources: Meta is testing its first in-house AI training chip, a key milestone as it moves to design more of its own silicon and reduce its reliance on Nvidia  —  Facebook owner Meta (META.O) is testing its first in-house chip for training artificial intelligence systems …
Jane Lanhee Lee / Bloomberg:
Celestial AI, which aims to use light to speed up data transfer inside servers, raised $250M led by Fidelity at a $2.5B valuation, taking its funding to $515M  —  - BlackRock and AMD Ventures participated in $250 million round  — Startups are trying to develop ways to speed up AI computing

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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

Todd Spangler / Variety:
Comcast plans to spin off its media and entertainment assets, including NBCUniversal and Sky, into a new publicly traded entity, set to close by mid-2027

Rebecca Rubin / Variety:
Industry sources estimate Supergirl could lose $100M to $120M during its theatrical run after a $37.1M domestic and $62.6M worldwide opening weekend, below est.

Madeline Halpert / BBC:
Film director Carl Erik Rinsch, who was convicted last year of defrauding Netflix of $11M, is sentenced to two and a half years in prison

More News

Bailey Lipschultz / Bloomberg:
Virtual physical therapy service Hinge Health files for a US IPO, and reports revenue of $390M in 2024, up from $293M in 2023, and a net loss of $11.9M

Earlier Picks

Emma Roth / The Verge:
Bluesky adds support for three-minute videos, up from the previous one-minute limit, and a new “Chat Requests” feature to screen messages from unknown users
New York Times:
Eric Schmidt becomes CEO of Relativity Space; sources say Schmidt made a significant investment in the rocket building startup to take a controlling stake
Zaheer Kachwala / Reuters:
Oracle reports Q3 revenue grew 6% YoY to $14.13B, vs. $14.39B est., and cloud revenue rose 23% YoY to $6.2B
Jez Corden / Windows Central:
Sources: Microsoft is working on an Xbox-branded gaming handheld, slated for later in 2025, and successors to the Xbox Series X|S, tentatively slated for 2027
Kevin Collier / NBC News:
Consumer Reports: many voice cloning programs, including ElevenLabs, Speechify, PlayHT, and Lovo, have flimsy barriers to prevent nonconsensual impersonations
Nathan Ingraham / Engadget:
iPad Air M3 review: powerful M3 chip, improved keyboard, better screen, performance, and multitasking than the base iPad, but no Face ID and can get expensive
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