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March 12, 2025, 9:47 AM
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Top News

Jess Weatherbed / The Verge:
Niantic Labs says it is selling its video game division, including Pokémon Go, to Saudi Arabia-owned developer Scopely for $3.5B, subject to regulatory approval  —  The $3.5 billion Scopely deal could bring Niantic's AR gaming catalog under Saudi ownership.
Financial Times:
Niantic's $3.5B deal gives Scopely, acquired by Saudi-owned Savvy Games Group in 2023 for $4.9B, a total audience of 500M+ players, driven by Monopoly Go!
Abner Li / 9to5Google:
Google unveils Gemma 3, the “world's best single-accelerator model”, running on a single GPU, in 1B, 4B, 12B, and 27B sizes, and says it outperforms Llama-405B  —  Following version 1 in February 2024 and 2 in May, Google today announced Gemma 3 as its latest open model for developers.
Jay Peters / The Verge:
Google updates Chrome's extension rules to ban affiliate link injection without user action or benefit, after Honey allegedly stole creators' affiliate revenue  —  Honey was accused of shadily swapping out affiliate links, and now Google has new rules for extensions targeting exactly that.
Reuters:
Sources: TSMC has pitched Nvidia, AMD, Broadcom, and Qualcomm about taking stakes in a JV to run Intel Foundry; TSMC would hold no more than a 50% stake  —  TSMC (2330.TW) has pitched U.S. chip designers Nvidia (NVDA.O), Advanced Micro Devices (AMD.O) and Broadcom (AVGO.O) …
Simon Willison / Simon Willison's Weblog:
Thoughts on using LLMs for coding, which can often be difficult and unintuitive, and why “vibe coding” is a fantastic way to explore the capabilities of LLMs  —  Online discussions about using Large Language Models to help write code inevitably produce comments from developers who's experiences have been disappointing.
Sam Altman / @sama:
Sam Altman says OpenAI trained an AI model that is good at creative writing and shares a short story it wrote; he's “not sure yet how/when it will get released”  —  we trained a new model that is good at creative writing (not sure yet how/when it will get released). this is the first time i have been really struck by something written by AI; it got the vibe of metafiction so right. PROMPT: Please write a metafictional literary short story
New York Times:
Filings: Google owns a 14% Anthropic stake but holds no voting rights, board seats, or board observer rights; Google aims to invest $750M more in September 2025  —  The internet giant owns 14% of the high-profile artificial intelligence company, according to legal filings obtained by The New York Times.
Emma Roth / The Verge:
OpenAI debuts a Responses API to help developers build agents that search the web, scan for files, and perform tasks on PCs, and an Agents SDK for orchestration  —  OpenAI's new Responses API comes with web search, the ability to look through files, and computer use out of the box.
Stephen Totilo / Game File:
Mike Verdu, who joined Netflix in 2021 to launch its game offering and took on a new role as VP of Generative AI for games four months ago, has left the company  —  Plus: Some key changes for this year's Game Developers Conference  —  Mike Verdu, the executive who led Netflix's foray …
Mark Gurman / Bloomberg:
Sources: Google is in final talks to acquire AdHawk Microsystems, a Canadian maker of eye-tracking tech, for $115M, including $15M in performance-based payments  —  Alphabet Inc.'s Google is in final talks to acquire AdHawk Microsystems Inc., a maker of eye-tracking technology, part of a renewed push into headsets and smart glasses.
Chihiro Ishikawa / Nikkei Asia:
BeReal CEO Aymeric Roffe says Japan is now the photo sharing app's second-largest market with over 4.5M MAUs, 83% aged 14 to 27; BeReal has 40M users globally  —  TOKYO — BeReal is eager to expand in Japan's fast-growing and highly engaged market, said its CEO in an interview with Nikkei Asia.
Reuters:
Manus partners with Alibaba's Qwen to integrate Manus' AI agent functions with AI models and computing platforms in China and to collaborate on Qwen's AI models  —  China's Manus AI announced on Tuesday a strategic partnership with the team behind tech giant Alibaba's Qwen AI models …
Paul Sawers / TechCrunch:
Ditto, which aims to enable “resilient” edge device connectivity, raised an $82M Series B at a $462M post-money valuation, after a $45M Series A in April 2023  —  Ditto, a company that's setting out to bring “resilient” connectivity to edge devices, has raised $82 million …
The Reporters' Collective:
A look at community apps like Kutumb mobilizing millions of Indians for politics, spreading disinformation, and inciting hate, beyond civil watchdogs' scrutiny  —  Away From Scrutiny, New Networking Apps Are Mobilising Millions of Indians For Politics, Disinformation and Hate.
Jagmeet Singh / TechCrunch:
India's largest telco Jio Platforms partners with SpaceX to offer Starlink in the country, just hours after rival Airtel announced a similar partnership  —  Jio Platforms, the subsidiary of India's conglomerate Reliance Industries and the country's largest telecom operator …

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From Mediagazer

Upmanyu Trivedi / Bloomberg:
The UK Competition and Markets Authority clears Paramount's takeover of WBD, saying “after the merger, Paramount will continue to face sufficient competition”

The Wrap:
The FCC votes to repeal the national broadcast ownership cap and replace it with a case-by-case review, approving the measure by a 2-1 margin

Lucas Manfredi / The Wrap:
WBD reports Q2 revenue down 11% YoY to $8.72B, below $9.21B est., net income down 91%, ad revenue down 22%, content revenue down 26%, streaming revenue up 10%

More News

Anna Nicolaou / Financial Times:
Spotify says it paid $10B+ in royalties in 2024, “the largest in music history”, making up 60%+ of its $17.13B+ 2024 revenue, with ~1,500 artists earning $1M+

Earlier Picks

David McCabe / New York Times:
The Senate approves Gail Slater, President Trump's pick to lead the DOJ's antitrust unit, by a 78-19 vote; she has been critical of power in the tech industry
Krisztian Sandor / CoinDesk:
Mesh raised an $82M Series B, settled mostly in PayPal's PYUSD stablecoin and led by Paradigm, to expand its stablecoin-based payments settlement network
The Information:
Source: Anthropic's annualized revenue grew from $1B at the end of 2024 to $1.4B in early March; Manus uses tools including Claude 3.7 Sonnet to power its agent
Dave2D on YouTube:
Mac Studio with M3 Ultra and 512GB of unified memory review: opens up new workflows on a ~$10,000 desktop, like running a quantized version of DeepSeek R1 671B
Sander Lutz / Decrypt:
Senator Lummis unveils the Bitcoin Act in the US Senate, with five Republican co-sponsors, to codify a strategic Bitcoin reserve and let the US buy up to 1M BTC
Andrew J. Hawkins / The Verge:
Waymo expands its operating area around Silicon Valley to a 27 square-mile region, including Mountain View, Palo Alto, Los Altos, and parts of Sunnyvale
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