Techmeme
March 13, 2025, 10:45 AM

Top News

Bhanvi Satija / Reuters:
Intel appoints former board member and chip industry veteran Lip-Bu Tan as its new CEO, effective March 18, and says he will rejoin the board; INTC jumps 10%+  —  Struggling U.S. chipmaker Intel (INTC.O) on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18 …
Ian King / Bloomberg:
Intel's new CEO Lip-Bu Tan says he will stick with the costly foundry plan, which led to Pat Gelsinger's ouster, to make Intel “a world-class products company”  —  Incoming Intel Corp. Chief Executive Officer Lip-Bu Tan is signaling that he'll stick with his predecessor's plan …
Heather Somerville / Wall Street Journal:
Wall Street Journal:
Sources: Trump family representatives have held talks to take a financial stake in Binance US, and Changpeng Zhao has been pushing for Trump to pardon him  —  Discussions for stake in Binance's U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea
Jay Peters / The Verge:
An arbitrator instructs a former Meta employee to stop promoting and publishing her book alleging company misconduct; publisher Flatiron Books earlier objected  —  An arbitrator has instructed the book's author and its publishers to stop publishing the book, though it's unclear how much authority the arbitrator has to do so.
John Gruber / Daring Fireball:
By previewing smarter Siri vaporware at WWDC and the iPhone 16 launch, Apple burned a reputation earned over decades for only promising actual working products  —  In the two decades I've been in this racket, I've never been angrier at myself for missing a story than I am about Apple's announcement …
BBC:
Natasha Lomas / TechCrunch:
In its final decision report, the UK CMA finds that Apple and Google's mobile browser duopoly is “holding back innovation”, but offers no enforcement action  —  A U.K. competition authority investigation of Apple and Google's mobile browsers has concluded that the mobile duopoly's policies are …
Lauren Feiner / The Verge:
Belle Lin / Wall Street Journal:
D-Wave claims it has achieved “quantum supremacy” with its quantum annealing processors; some physicists say classical computers can achieve comparable results  —  The company said classical computers can't beat its quantum computer in magnetic materials simulation.  Some physicists disagree.
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 …
Martin Young / Cointelegraph:
CoinGecko data shows that daily crypto trading volume dropped from a peak of $440B in early February 2025 to $163B on March 12, a 63% decrease  —  Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts.
Molly White / Citation Needed:
The US Strategic Bitcoin Reserve, to be funded via civil asset forfeitures, goes against bitcoiners' early skepticism of state overreach and market intervention  —  The formerly anti-establishment bitcoin movement abandons its principles in favor of number-go-up, applauds federal plan …

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Bill Peters / MarketWatch:
TechCrunch:
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Tom Warren / The Verge: