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March 20, 2025, 4:25 PM
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Mark Gurman / Bloomberg:
Sources: Vision Pro creator Mike Rockwell will take over Siri, which is being removed from AI head John Giannandrea; Rockwell will report to Craig Federighi  —  Apple Inc. is undergoing a rare shake-up of its executive ranks, aiming to get its artificial intelligence efforts back on track …
Benedict Evans:
Apple stumbling with Vision Pro and then falling flat on its face with AI suggests 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, Livemint, 9to5Mac, and Beyond Search
Bluesky: @rani and @johnspurlock.com.  Mastodon: @carnage4life@mas.to.  X: @benbajarin.  Forums: MacRumors Forums
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 …
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 …
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® …
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.
Kyle Wiggers / TechCrunch:
Anthropic adds web search in preview for Claude 3.7 Sonnet, available now for paid US Claude users, with support for free users and more countries coming soon  —  Anthropic's AI-powered chatbot, Claude, can now search the web — a capability that had long eluded it.
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
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
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 …
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.
Gillian Tan / Bloomberg:
Source: Insight Partners is set to reap ~$2.7B from the pending sale of Wiz to Alphabet, a 15.5x return on its invested capital, based on its ~8% stake in Wiz  —  The investment firm will reap about $2.7 billion from the deal, said the person, who asked not to be identified discussing private information.
Ben Thompson / Stratechery:
Q&A with Sam Altman on his background, OpenAI's origin as a nonprofit, building a consumer tech company, ads, competition, hallucinations, regulation, and AGI  —  This Stratechery interview is technically another installment of the Stratechery Founder series; OpenAI is a startup …
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.
Kyle Wiggers / TechCrunch:
OpenAI adds gpt-4o-mini-tts, a text-to-speech model that it says delivers more nuanced and realistic-sounding speech, and two speech-to-text models to its API  —  OpenAI is bringing new transcription and voice-generating AI models to its API that the company claims improve upon its previous releases.
Tom Warren / The Verge:
Threads rolls out new features: ability to set following feed or any custom feed as the default, limit post replies to followers, a better video player, more  —  Threads will also let you limit replies to just followers and add topics to your bio. … Meta is finally allowing Threads users …
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.
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
Reuters:
X sues Narendra Modi's government in New Delhi, saying its IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content  —  India's IT ministry has unlawfully expanded censorship powers to allow the easier removal of online content and empowered …

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This is a Techmeme archive page. It shows how the site appeared at 4:25 PM ET, March 20, 2025.

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From Mediagazer

Todd Spangler / Variety:
FCC filing: Paramount says the merged Paramount-WBD will be 49.5% owned by foreign investors, with ~38.5% of the equity held by a trio of Middle Eastern funds

Zack Sharf / Variety:
President Trump says “Jimmy Kimmel should be immediately fired by Disney and ABC” over Kimmel's joke about Melania Trump

Reuters:
Bertelsmann agrees to combine BMG with Concord in a cash-and-stock deal giving it a 67% stake; Concord shareholders will receive a 33% stake and $1.16B in cash

More News

Abner Li / 9to5Google:
Google adds “smarter search” to Gmail for Android, iOS, and the web, using AI to show the most relevant results instead of showing them in chronological order

Earlier Picks

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
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
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
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