Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
March 12, 2025, 6:20 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Bhanvi Satija / Reuters:
Intel appoints former board member Lip-Bu Tan as CEO, effective March 18; INTC jumps 11%+ after hours  —  Struggling U.S. chipmaker Intel (INTC.O) on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than two months after the it ousted company veteran Pat Gelsinger.
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.
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.
Emma Roth / The Verge:
Google DeepMind launches two AI models, Gemini 2.0-based Robotics and Robotics-ER, to help robots “perform a wider range of real-world tasks than ever before”  —  Gemini Robotics also makes robots more dexterous, allowing them to perform more precise tasks, like folding a piece of paper.
Bloomberg:
Roomba maker iRobot warns of “substantial doubt” over its ability to continue operating, after Amazon abandoned a $1B+ takeover in January 2024; IRBT drops 35%+  —  IRobot Corp., the consumer robotics company that Amazon.com Inc. once planned to buy for more than $1 billion …
Chris Welch / The Verge:
Sources: Sonos has abandoned plans to release a streaming video player, which was set to be the company's major hardware launch in 2025  —  The device, codenamed Pinewood, was set to be the company's major hardware launch in 2025. … Sonos has abandoned plans to release a streaming video player …
Annie Palmer / CNBC:
The US FTC says it will meet the deadlines for its Amazon Prime deceptive practices case, hours after asking a judge for a delay due to staffing shortfalls  —  The Federal Trade Commission said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
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.
Tom Warren / The Verge:
Sources: an Xbox-branded Asus handheld may debut this year as part of Microsoft's effort to unify Windows and Xbox into a universal library of Xbox and PC games  —  Microsoft's next-gen Xbox platform is shaping up.  —  Microsoft Gaming CEO Phil Spencer warned in November …
Financial Times:
Amazon, Google, and Meta sign a World Nuclear Association statement, alongside Occidental, Dow, and others, to triple capacity by 2050; Microsoft didn't sign  —  Tech giants join banks in calling for new power stations to meet growing energy demands and combat climate change
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) …
TechCrunch:
Indian police arrest Aleksej Besciokov, the co-founder of Garantex, a Russian crypto exchange sanctioned by the EU and the US, at the request of US authorities  —  Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union …
Katie Deighton / Wall Street Journal:
Food delivery startup Wonder acquires the media company Tastemade, sources say for around $90M, the latest step in its effort to create a mealtime “super app”  —  Wonder CEO Marc Lore hopes the company will one day offer AI-powered autonomous food ordering for all three meals of the day
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+  —  Company has long drawn ire from musicians who say streaming model does not remunerate them enough
Benoit Berthelot / Bloomberg:
French publishers and authors sue Meta for allegedly training AI models on their books without consent, say they have evidence of “massive” copyright breaches  —  SNE, the trade association representing major French publishers including Hachette and Editis, along …
Bloomberg:
Sources: Supabase, which bills itself as an open-source alternative to Google's Firebase, is raising $100M+ in a round led by Accel, valuing the company at ~$2B  —  Accel is leading the funding round of more than $100 million.  —  Supabase Inc., an open source developer platform …
Olga Kharif / Bloomberg:
Binance says Abu Dhabi's MGX acquired a minority stake for $2B, the first institutional investment in the exchange and MGX's first entry into the crypto  —  Binance said Abu Dhabi's MGX has acquired a minority stake for $2 billion, the first institutional investment in the world's largest cryptocurrency exchange.

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Niantic Spatial:
World models need real-world data  —  Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics.  Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Introducing the Zoho Vault desktop app for Windows and Mac  —  You asked—we delivered.  We're thrilled to announce the launch of the brand-new Zoho Vault desktop app for Windows and Mac.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Uncapped with Jack Altman:
 Max Mullen from Instacart
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Access:
 Canva's CEO on what happens when AI does the design
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Upstarts Podcast:
 Cohere's Aidan Gomez: The Canadian Founder Taking AI Models To The World, Not Just Big Tech
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
The Nick, Dick and Paul Show:
 Data Centers...IN SPACE!!
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Big Technology Podcast:
 The Pentagon's AI Plan + Behind the Anthropic Fight — With Under Secretary of War Emil Michael
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
 Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 PM ET, March 12, 2025.

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

Reshmi Basu / Bloomberg:
QVC Group, owner of TV shopping channels QVC and HSN, files for bankruptcy as part of a plan to cut more than $5B in debt; shares closed down 69% on Thursday

Katie Robertson / New York Times:
Notus will rename itself The Star and relaunch in early June as it adds local news and sports coverage; source: Robert Allbritton will add ~$30M to its funding

Ryan Glasspiegel / Front Office Sports:
Sources: the NFL and YouTube are in advanced talks for a five-game package; deal price and duration were not immediately known

More News

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

Earlier Picks

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
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
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
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter