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March 20, 2025, 11:50 AM
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WeSmirchTop News
| Bloomberg: |
SoftBank acquires Ampere Computing for $6.5B in cash, with Oracle and Carlyle selling their stakes as part of the deal, which is expected to close in H2 2025 — SoftBank is buying Ampere in an all-cash transaction that values the Santa Clara, California-based firm at $6.5 billion, according to a statement reviewed by Bloomberg News.
More: Ampere, SoftBank Group Corp., SoftBank Group Corp., Wall Street Journal, Crunchbase News, Tech Monitor, Engadget, Nikkei Asia, eeNews Europe, Network World, Agence France-Presse, CNBC, Proactive, Total Telecom, Tom's Hardware, Reuters, Silicon Valley Business …, TelecomTV, Portland Business Journal, MarketWatch, Silicon Republic, Constellation Research, ServeTheHome, The Information, The Register, Yahoo Finance, New York Times, TechCrunch, Verdict, Financial Times, Portland startups …, Oregonian, SiliconANGLE, Business Insider, Phoronix, DatacenterDynamics, Benzinga, Semafor, and DigiTimes
Bluesky: @jamesaltonsanders.com. X: @iancutress, @iancutress, @jonmasters, @dylanonchips, @danielnewmanuv, @amperecomputing, @jaminball, @benbajarin, and @donal888. LinkedIn: Michael Clifton
Forums: Hacker News and r/hardware
| New York Times: |
A profile of longtime Elon Musk loyalist Steve Davis, who effectively runs DOGE after SpaceX, Boring Company, and X stints, based on interviews with 22 sources — Elon Musk declared last month that the federal government was engaged in “utterly insane” activity, claiming without evidence … | Financial Times: |
Jensen Huang says Nvidia will spend “several hundred billion” on US-made chips and electronics over four years as it shifts supply chains amid US tariff threats — Jensen Huang's pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industry
More: Tech Monitor, Capital Brief, The Guardian, Sean Hannity, Yahoo Finance, WinBuzzer, Axios, TipRanks Financial, Cryptopolitan, ZeroHedge News, Verdict, Reuters, Business Insider, Grabien, DigiTimes, and Bloomberg
Forums: r/nvidia, r/Economics, r/intelstock, and Beehaw
| Reuters: |
Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories — Nvidia (NVDA.O) CEO Jensen Huang said on Wednesday that his company had not been approached about purchasing a stake in Intel (INTC.O).| Sue Marek / Ookla: |
Analysis: AT&T and Verizon Speedtest users saw higher median download speeds on the iPhone 16e and its C1 than the iPhone 16; T-Mobile users saw the opposite — The 16e is the first iPhone to feature the Apple-designed C1 modem. — Key Takeaways: — AT&T and Verizon Speedtest® …
More: 9to5Mac, Cult of Mac, Business Today, Forbes, Macworld, SellCell.com Blog, Android Headlines, TechRadar, Digital Trends, O'Grady's PowerPage, PhoneArena, Engadget, PCMag, iClarified, iPhone in Canada Blog, AppleInsider, MacRumors, GSMArena.com, MacDailyNews, and Gizchina.com
X: @suemarek and @jimmyjames_tech
Forums: r/apple, r/hardware, and r/iphone
| Wayne Ma / The Information: |
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; source: Apple has spent $5B+ per year on content since its 2019 debut — Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
More: MacRumors, AppleInsider, 9to5Mac, Variety, PhoneArena, The Wrap, Cult of Mac, BGR, Cord Cutters News, MacDailyNews, and Business Insider
Bluesky: @wolfsongz and @tylerh.social
X: @loudmouthjulia, @tvgrimreaper, @tvgrimreaper, @joshuaogundu, @tim_bays, and @waynema. Forums: MacRumors Forums
| Emma Roth / The Verge: |
Meta plans to roll out Meta AI with text-only features in the EU this week on WhatsApp, Facebook, Instagram, and Messenger, after pausing its debut in June 2024 — A more limited version of Meta AI will head to WhatsApp, Facebook, Instagram, and Messenger this week.
More: Meta, Thurrott, The Standard, 9to5Mac, The Irish Times, Engadget, The Decoder, CNET, Cryptopolitan, MacRumors, Ghacks, MIXED Reality News, Mashable, The Sun, Euronews, RTÉ, iPhone in Canada Blog, BGR, Mirror, and TechRadar. Forums: MacRumors Forums
| Sarah Perez / TechCrunch: |
Newsletter service Ghost launches support for ActivityPub integration in beta for Ghost(Pro) subscribers, letting them share their posts across the fediverse — Newsletter platform Ghost, an open source competitor to Substack, is now connected to the fediverse, also known as the open social web.
More: Building ActivityPub, The Verge, The Fediverse Report, and Werd I/O
Bluesky: @laurenshof.online and @molly.wiki
| Lauren Thomas / Wall Street Journal: |
Crypto exchange Kraken acquires US retail futures trading platform NinjaTrader for $1.5B, pending “purchase price adjustments”; NinjaTrader has 1.8M+ customers — NinjaTrader, a futures trading platform, would expand Kraken's offerings — The cryptocurrency exchange Kraken agreed … | Reuters: |
Filing: CoreWeave is aiming to raise up to $2.7B in its US IPO at a valuation between $27.4B and $32B, selling 49M shares for $47 to $55; Nvidia owns 5.96% — CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the Nvidia …
More: Sioux Falls, Ed Zitron's Where's Your Ed At, Capital Brief, The Information, Bloomberg, Cautious Optimism, The Information, Yahoo Finance, Livemint, CoinDesk, Motley Fool, Financial Times, Sioux Falls, Wall Street Pit, and Seeking Alpha
Bluesky: @edzitron.com, @edzitron.com, @edzitron.com, @edzitron.com, and @edzitron.com. X: @coryweinberg. Forums: r/NBIS_Stock
| Connie Loizos / TechCrunch: |
Michael Seibel says he is leaving YC after 12+ years and moving to a “Partner Emeritus” role, after stepping back from his “leadership responsibilities” in 2024 — Michael Seibel announced late Wednesday on X that after more than 12 years at Y Combinator, he is transitioning to a “partner emeritus” role.| Kyle Wiggers / TechCrunch: |
OpenAI launches o1-pro, which uses more compute than o1 for “consistently better responses”, to select developers for $150/1M input and $600/1M output tokens — OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API.
More: OpenAI Platform, The Decoder, WinBuzzer, Digital Trends, The Indian Express, Neowin, SiliconANGLE, Tech in Asia, and Simon Willison's Weblog
Bluesky: @edzitron.com, @ajlburke, and @moskov.goodventures.org
X: @openaidevs, @bindureddy, and @yuchenj_uw
Forums: Hacker News and Slashdot
| Ben Thompson / Stratechery: |
Q&A with Sam Altman on the path to OpenAI, its origin story, building a consumer tech company, ads, competition, hallucinations, regulation, and the AI outlook — This Stratechery interview is technically another installment of the Stratechery Founder series; OpenAI is a startup …
More: Don't Worry About the Vase and Business Insider
X: @eric_seufert, @martyswant, @reidjjackson, @zephyr_z9, and @trengriffin
| Benedict Evans: |
Apple stumbling with the Vision Pro and then falling flat on its face with AI suggest that it is slipping into a Vista-like drift of systemically poor execution — It matters that Apple's new Siri will be late, and it matters more that Apple didn't realise. Is it more than that?
More: MacRumors, The Standard, and Beyond Search
| Jess Weatherbed / The Verge: |
Discord plans to roll out third-party ads on its mobile apps, starting with a mobile pilot for Video Quests, video ads that let users earn rewards, in June 2025 — Video Quests will start rolling out to mobile users in June. … Discord is bringing third-party ads to its mobile platform.| Financial Times: |
Sources detail how Jeff Bezos made peace with Donald Trump; many pointed to Amazon losing the $10B JEDI contract during Trump's first term as a watershed moment — In the past year, the Amazon founder has executed a sharp public reversal in his relationship with the president that has surprised even longtime associates| Tim McLaughlin / Reuters: |
A look at data centers' “unannounced disconnections” from the grid, which can occur when they switch to local generators and may cause cascading power outages — Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston.| Natasha Lomas / TechCrunch: |
Google says more changes to Search in the EU would “reduce traffic to European businesses” and changes to the Play Store may expose users to “malware and fraud” — Google Search and its Play Store app marketplace are suspected of breaching the European Union's Digital Markets Act …
More: European Commission, The Keyword, Near Media, CNET, Silicon Republic, Search Engine Watch, Ars Technica, PhoneArena, TechIssuesToday.com, Nairametrics, BERNAMA, Silicon UK, Android Police, The Verge, Quartz, Tech in Asia, iPhone in Canada Blog, Android Central, The Information, Search Engine Journal, Global Competition Review, heise online, Thurrott, and Financial Times
| Dan Milmo / The Guardian: |
The UK NCSC urges large entities, including energy and transport providers, to introduce “post-quantum cryptography” by 2035 to protect against quantum hackers — Organisations including energy and transport firms told to guard systems against powerful new computers| Mark Bergen / Bloomberg: |
How Nvidia, SK Hynix, TSMC, and ASML, with a combined $4T+ market cap, dominate the AI supply chain, with 80% to 100% market share in their respective fields — Since ChatGPT arrived, Nvidia and its key manufacturing partners have dominated the market for AI chips. Will it last?| Reuters: |
Baidu denies data breach allegations after a top executive's teenage daughter leaked users' personal info, including phone numbers, following an online argument — Chinese search giant Baidu (9888.HK) on Wednesday denied allegations it had suffered an internal data breach …
More: TechNode
| Bloomberg: |
Huawei unveils the 6.3" Pura X, a square clamshell with a 3.5" display and its first flagship running HarmonyOS 5, launching in China on March 30 for ~$1,036 — The 6.3-inch Pura X folds in half to a square clamshell with a 3.5-inch display on the exterior and was introduced …
More: The Verge, CNET, Android Authority, Gizchina.com, Nikkei Asia, GSMArena.com, CNBC, and SamMobile
| RT Watson / The Block: |
The TON Foundation raises over $400M from Sequoia Capital, Ribbit, and others via a sale of its Toncoin cryptocurrency, and says there are now 40M+ active users — - The Open Network Foundation, or TON Foundation, said a group of VCs including Sequoia Capital, Ribbit, Benchmark and Kingsway invested …
More: CoinDesk and crypto.news
| Michael R. Bloomberg / Bloomberg: |
US schools spending billions on laptops, an idea supported by technologists and computer makers, has led to students' worsening social skills and test scores — Technology should supplement, not substitute, traditional teaching methods. — Over the past two decades …
More: WLTX-TV, EdSurge, and Hartford Courant
X: @rajgoyle, @opinion, @williamdoylenyc, and @nealkwatra
| Anto Antony / Bloomberg: |
Bakkt names ex-SoftBank rainmaker Akshay Naheta as co-CEO to help turn around the struggling US crypto trading and custody platform; BKKT is down 62%+ in 2025 — Naheta will also be part of the company's board and will work with Andy Main, the firm's current CEO, according to a statement … | Kyle Wiggers / TechCrunch: |
Google and UCB researchers detail “inference-time search”, which some call a fourth AI scaling law, though experts are skeptical of its usefulness in many cases — Have researchers discovered a new AI “scaling law”? That's what some buzz on social media suggests — but experts are skeptical.Sponsor Posts
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