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Techmeme
March 22, 2025, 10:15 AM
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Top News

Dan Primack / Axios:
StubHub files for an IPO, with plans to list on the NYSE, and reports a $2.8M loss on $1.77B in revenue in 2024, vs. a $405M profit on $1.37B in revenue in 2023  —  Ticket resale marketplace StubHub on Friday filed for an IPO, saying that it plans to list shares on the New York Stock Exchange.
Bloomberg:
A profile of StubHub CEO Eric Baker, who, according to the company's S-1, holds 5.2% of Class A shares but controls over 90% of the votes through Class B shares  —  This time it isn't concert tickets Eric Baker is selling.  It's shares of StubHub Holdings Inc., the company he co-founded and has owned on and off for a quarter century.
More: Billboard
Eliza Gkritsi / Politico:
X suspends several accounts belonging to opposition figures in Turkey, amid extensive protests sparked by the arrest of President Erdogan's main political rival  —  Suspensions affect accounts spreading information about the widespread demonstrations.  —  Elon Musk's social media platform X …
Kylie Robison / The Verge:
Perplexity proposes to buy TikTok, says it wants to open source the algorithm and that it is “singularly positioned to rebuild” it “without creating a monopoly”  —  The AI search startup laid out its bid for buying, and rebuilding, TikTok.
Rhiannon Williams / MIT Technology Review:
OpenAI, in partnership with MIT, releases its first study on how ChatGPT use affects emotional well-being, including differences in how men and women respond  —  OpenAI says over 400 million people use ChatGPT every week.  But how does interacting with it affect us?  Does it make us more or less lonely?
Paul Liu / The Keyword:
Google says its test removing European news content for 1% of users in eight EU countries found that there was no change to Search ad revenue due to the removal  —  Google ran an experiment to understand the value of European news content.  The data shows people visited Google …
Bloomberg:
A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX  —  Crafting and launching a space station that can keep humans alive comfortably in orbit is no easy feat.  —  Jed McCaleb made a fortune in cryptocurrency.
Kif Leswing / CNBC:
A profile of Lisa Su, as AMD vies for a bigger chunk of the AI market; CTO Mark Papermaster says AMD had $5B in AI chip sales in 2024, up from $100M in 2023  —  When Lisa Su became CEO of Advanced Micro Devices in late 2014, the company was in dire straits and on the brink of potential bankruptcy.
More: The Motley Fool.  Bluesky: @amarten.  X: @sal19.  LinkedIn: Sarah Currie and Salvador Rodriguez
Forums: r/AyyMD, r/pcmasterrace, and r/AMD_Stock

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From Mediagazer

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”; earlier CBS aired the Kennedy Center Honors, hosted by Trump

Zachary Leeman / Mediaite:
White House deputy chief of staff Stephen Miller calls for CBS staff who “revolted” over Bari Weiss' decision to postpone 60 Minutes' CECOT segment to be fired

Lorcan Lovett / Nieman Reports:
A look at the state of independent media in Myanmar, which lost US and Swedish funding this year and where subscriptions aren't a dependable source of revenue

More News

David Pan / Bloomberg:
The crypto-lending industry, nearly wiped out in the last bear market, is staging a comeback as Cantor Fitzgerald launches a $2B Bitcoin financing business
Gael Cooper / CNET:
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
More: PCMag, DoorDash, Futurism, Fast Company, The Western Journal, The US Sun, WUSA, Sherwood News, Newsweek, Newsweek, UnHerd, Barstool Sports, Newsweek, TODAY.com, Pocket-lint, The Daily Wire, CBS News on YouTube, Washington Post, One America News Network, CBS News, Chicago Sun Times, The Hill, FOX 32 Chicago, The Hill, Eater, NBC10 Philadelphia, Gizmodo, CNN, Reuters, National Review, Axios, Not the Bee, The Paypers, and Fox Business
Bluesky: @chicagomike, @britttoday, @alajon, @carnage4life, and @kazweida
X: @daveramsey, @frankluntz, @primediscussion, @gray_roberts, @tszzl, @tracewoodgrains, @parikpatelcfa, @beardo, @netcapgirl, @thepatinator7, @hkhanna, @webdevmason, @stevebugge, @charlescwcooke, @chuckrossdc, @dominicdeecoco, @byusome, @ing2firebrand, @thangdcao, @kunty_virgo, @wtwright4, @boringbiz_, @dougboneparth, @boringbiz_, @skylarromines, @dyingscribe, @maysunmargiela, @klendathucap, @centipedemouse, @gscottshand, @dipwheeler, @snowxmann, @sopranosworld, @lifeinvestmoney, @abike1999, @joepompliano, @charlesflehman, @parikpatelcfa, @collinrugg, @highyieldharry, @samro, @rebeleconprof, @crankyfed, @adamsinger, @chasedownleads, @rollxtidextee, @itsnoahlenz, @historyboomer, @investmentkage, @zacmabry, @rummatumtums, @cramertracker, @soren_iverson, @bigtucsondad, @lifeinvestmoney, @nick_mwis1, @zackvoell, @iamphella, @nathanstanz, @moreperfectus, @markbdelaney, @rootofgoodblog, @max_gagliardi, @jakeduarte43, @jphilllllll, @armanddoma, @brendan_duke, and @personofswag.  Forums: r/redscarepod

Earlier Picks

Aisha Malik / TechCrunch:
Meta is testing a “Write with Meta AI” prompt on Instagram that gives users AI-generated suggestions to help write comments under other users' posts
Bloomberg:
Sources: Coinbase is in advanced talks to buy Deribit, the largest bitcoin and ether options trading platform, which was reportedly valued at $4B-$5B in January
Demetri Sevastopulo / Financial Times:
The FCC is investigating Huawei, Hikvision, ZTE, China Telecom, and other Chinese companies over concerns they are ignoring restrictions on US operations
Bruna Horvath / NBC News:
Lyft says it plans to roll out robotaxis in partnership with May Mobility in Atlanta, starting summer 2025
Nikhilesh De / CoinDesk:
The US Treasury's sanctions watchdog removes Tornado Cash from its global blacklist, after a federal appeals court ruled against the sanctions in November 2024
Sara Fischer / Axios:
Yahoo strikes a deal to sell TechCrunch to media investment firm Regent, which acquired PCWorld publisher Foundry earlier this week
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