| Ana Swanson / New York Times: |
The US adds export restrictions to 80 organizations, primarily targeting Chinese companies, including server maker Nettrix and clients of Nvidia, Intel, and AMD — The additions included companies that are customers of Intel and Nvidia, and one firm that was the focus of a New York Times investigation last year.| Philip Stafford / Financial Times: |
Sources: Fidelity Investments is in the advanced stages of testing its own stablecoin, managed by its digital assets arm; Trump pledged to back USD stablecoins — Asset manager is in advanced stages of testing token as the Trump administration prepares to overhaul crypto oversight| Blake Brittain / Reuters: |
Anthropic convinced a California federal judge to reject a preliminary bid to block it from using lyrics owned by UMG and other music publishers to train Claude — Artificial intelligence company Anthropic convinced a California federal judge on Tuesday to reject a preliminary bid to block … | Stanley Widianto / Reuters: |
Apple says the iPhone 16 series will be available in Indonesia from April 11, after Jakarta lifted a sales ban following Apple's $300M+ investment plan — Apple's (AAPL.O) iPhone 16 series will be available in Indonesia from April 11, it said on Wednesday, after Jakarta lifted a ban … | Richard Lawler / The Verge: |
Microsoft unveils AI “deep reasoning” agents for 365 Copilot: Researcher, based on OpenAI's deep research model, and Analyst, based on o3-mini, coming in April — Multi-step reasoning AI is coming to Microsoft Copilot. … After Google and OpenAI offered up AI news on Tuesday … | Reuters: |
Sources: Italy hands tax demands to Meta, X, and LinkedIn in the last step in its VAT case, seeking €887.6M from Meta, €12.5M from X, and ~€140M from LinkedIn — Italy has handed tax demands to Meta (META.O), X and LinkedIn in the last formal step in an unprecedented VAT claim … | Bloomberg: |
TD Cowen: Microsoft walked away from new data center projects in the US and Europe that had been set to consume 2 gigawatts, a sign of AI computing oversupply — The analysts, who rattled investors with a February note highlighting leases Microsoft had abandoned in the US … | Financial Times: |
IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults — US cloud company seeking blockbuster $32bn IPO had to remedy serious administrative errors in December| Kyt Dotson / SiliconANGLE: |
Island, which offers a Chromium-based secure enterprise browser, raised a $250M Series E led by Coatue at a $4.8B valuation, taking its total funding to ~$730M — Island Technology Inc., the developer of a secure Chromium-based browser for the enterprise, today announced that it has raised $250 million … | Emma Roth / The Verge: |
Waze says it is removing Google Assistant for iPhone users, citing “ongoing difficulties” with the integration, after recently testing a Gemini-based assistant — Google has already started replacing Assistant with Gemini across its devices.| Annie Palmer / CNBC: |
Amazon rolls out AI tool Interests, which checks for new inventory by interests, price limits, and preferences, to US users, and is testing chatbot Health AI — Amazon, in an effort to infuse generative artificial intelligence across a wider swath of its e-commerce universe … | Arsheeya Bajwa / Reuters: |
Starboard Value nominates three directors including its CEO, Jeff Smith, to Autodesk's board, rekindling its proxy battle with Autodesk over margin concerns — Starboard Value on Wednesday nominated three directors including its chief executive and founder, Jeff Smith, to Autodesk's (ADSK.O) … | Angel Au-Yeung / Wall Street Journal: |
Mercury, a neobank serving early-stage startups, raised $300M led by Sequoia at a $3.5B valuation; the fintech company saw $2B in deposits after SVB's collapse — Fintech banking startup Mercury says it has more than doubled its valuation to $3.5 billion after raising $300 million in its latest funding round.| Benj Edwards / Ars Technica: |
Developers say aggressive AI crawlers are overwhelming open-source infrastructure; LibreNews: up to 97% of some projects' traffic comes from AI companies' bots — Software developer Xe Iaso reached a breaking point earlier this year when aggressive AI crawler traffic from Amazon overwhelmed … | Cory Weinberg / The Information: |
Leaked financial figures: Stripe doubled its free cash flow in 2024 to about $2.2B and grew revenues by about 28% to $5.1B; Chime grew revenues by 31% to $1.7B — Stripe is putting up the kind of numbers that would send its stock soaring, if it had public stock.| TechCrunch: |
Leaked email: Block lays off 931 employees, or ~8% of staff, and moves 193 managers to individual contributor roles, after cutting ~1,000 roles in January 2024 — Fintech Block laid off 931 people, roughly 8% of the company's staff, on Tuesday, according to a leaked message from the company seen by TechCrunch.| Simon Willison / Simon Willison's Weblog: |
| Aisha Malik / TechCrunch: |
YouTube says Shorts views will now be counted each time a video starts to play or replay, rather than only after being watched for a certain number of seconds — YouTube is changing how it counts views on YouTube Shorts to give creators a deeper understanding of how their short-form content is performing … | Kurt Wagner / Bloomberg: |
eMarketer expects X to generate $1.31B in US ad sales in 2025, up 17.5%, and $2.26B in global ad sales, up 16.5%, its first year of ad revenue growth since 2022 — - Projections from Emarketer show sales up 17.5% this year — Sales remain significantly lower than before Musk's purchase| Will Knight / Wired: |
Databricks details Test-time Adaptive Optimization, or TAO, a new approach that lets its customers boost LLM performance without the need for clean labeled data — Using several recent innovations, the company Databricks will let customers boost the IQ of their AI models even if they don't have squeaky clean data.| Simon Willison / Simon Willison's Weblog: |
Gemini 2.5 Pro hands-on: a very strong model with 1M input tokens, 64K output tokens, a January 2025 knowledge cut-off, and very, very impressive coding skills — There's a new release from Google Gemini this morning: the first in the Gemini 2.5 series. Google call it “a thinking model … | Jeff Dunn / Engadget: |
iPad (A16) review: fast chip, double the storage, 2GB more RAM, good build quality and battery, and loads of apps, but an aging display and no M chips or AI — Apple's base tablet gets a few common-sense upgrades, but display and accessory issues remain. — When it debuted in 2022 …
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