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March 13, 2025, 6:20 AM
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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 …
Reuters:
A profile of Intel's new CEO Lip-Bu Tan, who invested in Annapurna Labs and Nuvia and revived the fortunes of chip design firm Cadence Design Systems as its CEO
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 …
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 …
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 …
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.
Lauren Feiner / The Verge:
Google calls the passage of Utah's app store age-verification bill “concerning” and part of an effort by Meta and others to “offload” kids' safety to app stores  —  Google has its own ideas about what kids online safety legislation should look like.
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.
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 …
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 …
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.
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
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 …
Benoit Berthelot / Bloomberg:
French publishers and authors sue Meta for allegedly training AI on their books without consent, saying they have evidence of “massive” copyright breaches  —  SNE, the trade association representing major French publishers including Hachette and Editis, along with authors' association SGDL …

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This is a Techmeme archive page. It shows how the site appeared at 6:20 AM ET, March 13, 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

Financial Times:
Hedge fund manager Crispin Odey drops his £79M libel lawsuit against the Financial Times, after FT said 15 women were willing to testify in court against him

William Bishop / Pew Research Center:
Survey: 64% of US adults read a print book in the past year, down from 72% in 2011; 31% read an e-book, vs. 17% in 2011, while 26% have listened to an audiobook

Kelcee Griffis / Bloomberg:
Sources: Nexstar has begun directing stations to fill local newscasts with segments from Nexstar's NewsNation instead of national networks' content like NBC's

More News

Bill Peters / MarketWatch:
UiPath shares fell over 15% after the company projected FY 2026 sales of $1.525B to $1.53B, vs. $1.58B estimates; PATH is down 51.6% over the past 12 months

Earlier Picks

Katie Deighton / Wall Street Journal:
Food delivery startup Wonder acquires media company Tastemade, sources say for ~$90M, the latest step in its effort to create a mealtime “super app”
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
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
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
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