Techmeme
March 24, 2025, 4:15 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to build its own AI models for Visual Intelligence and add cameras to the Watch; the redesigned plastic Apple Watch SE faces serious issues  —  Apple is exploring the idea of adding cameras and visual intelligence features to its smartwatch, thrusting the company into the AI wearables market.
Harry Suhartono / Bloomberg:
23andMe files for Chapter 11 bankruptcy to “maximize the value of its business”; co-founder Anne Wojcicki steps down as CEO  —  The Silicon Valley-based firm commenced Chapter 11 proceedings in the US Bankruptcy Court for the Eastern District of Missouri to “maximize the value of its business,” according to a statement.
Muyao Shen / Bloomberg:
Retail investors often bear the brunt of losses in the Solana blockchain's memecoin market, which is plagued by insider trading, rug pulls, and “sniping”  —  Rug pulls.  Sniping.  Trading “cabals.”  The niche world of memecoins on the Solana blockchain is rife with danger …
Bloomberg:
Source: South Korean chip startup FuriosaAI rejected an $800M takeover offer from Meta, opting to grow independently instead  —  Korean chip startup FuriosaAI has turned down an $800 million takeover offer from Meta Platforms Inc., choosing instead to grow the business as an independent company …
Rachyl Jones / Semafor:
An off-Broadway theater in New York is offering AI-powered live translations in 60 languages to attract new audiences, using AI tech from startup Worldly  —  An off-Broadway theater in New York has a new way to attract audiences: live, AI-powered translations that make performances more accessible to non-English speakers.
Zack Abrams / The Block:
The daily amount of ether burned on Ethereum due to transaction fees hit an all-time low on March 22, amid dips in other network metrics like active addresses  —  - The daily amount of ETH burned on Ethereum as a result of transaction fees hit an all-time low on Saturday, indicating low demand for the network's blockspace.
More: The Crypto BasicForums: r/ethtrader
New York Times:
How one of the world's major money laundering networks, linked to Cambodia's Huione Group, services online scammers using cryptocurrency, Telegram, and more  —  Documents and insiders reveal how one of the world's major money laundering networks operates.  —  Documents and insiders reveal …
Ivan Mehta / TechCrunch:
Browser Use, whose open-source tool converts website elements into a “text-like” format that AI agents can better understand, raised a $17M seed led by Felicis  —  We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online.

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Featured Podcasts

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Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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Financial Times:
Ananya Bhattacharya / Rest of World:
Kate Morgan / New York Times:

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