Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
March 28, 2025, 5:50 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Elon Musk / @elonmusk:
Elon Musk says xAI has acquired X in an all-stock transaction valuing xAI at $80B and X at $33B  —  @xAI has acquired @X in an all-stock transaction. The combination values xAI at $80 billion and X at $33 billion ($45B less $12B debt). Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at
Makena Kelly / Wired:
Sources: DOGE aims to migrate all Social Security Administration's computer systems off COBOL in a matter of months, risking the integrity of SSA infrastructure  —  Social Security systems contain tens of millions of lines of code written in COBOL, an archaic programming language.
Wall Street Journal:
Sources: OpenAI is finalizing a $40B round led by SoftBank, receiving $10B initially and another $30B by 2025's end if it restructures into a for-profit company  —  A stipulation of the funding round, led by SoftBank, adds pressure to OpenAI's efforts to convert to a for-profit company
CNBC:
Trump pardons BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who previously pled guilty to federal criminal charges related to money laundering  —  President Donald Trump has granted pardons to three co-founders of the BitMEX cryptocurrency exchange, CNBC has learned.
CNBC:
CoreWeave raised $1.5B in its IPO, selling ~37.5M shares at $40 each, down from a planned 49M shares at $47-$55; source: Nvidia anchored with a ~$250M order  —  CoreWeave on Thursday priced shares at $40 in the company's IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed.
Steven Levy / Wired:
Interviews with Dario Amodei, Daniela Amodei, and other executives about Anthropic's origin, Claude, why DeepSeek isn't a threat, reaching AGI safely, more  —  The brother goes on vision quests.  The sister is a former English major.  Together, they defected from OpenAI, started Anthropic …
Jeremy Kahn / Fortune:
Anthropic says it created a new tool for deciphering how LLMs “think” and used it to resolve some key questions about how Claude and probably other LLMs work
Pete Schroeder / Reuters:
The US FDIC says banks can engage in cryptocurrency and other legally permitted activities without prior regulatory approval if they manage risks appropriately  —  Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.
Carmen Reinicke / Bloomberg:
Reddit shares are down 50% from a February high, after its Q4 earnings report showed its traffic took a hit from a change in Google's search algorithm  —  Reddit's outlook seemed precarious because its US traffic took a hit from a change in Google's search algorithm.
Bluesky: @willoremus.com.  X: @rustybrick.  Forums: Beehaw
Luisa Beltran / Fortune:
A jury finds Frank founder Charlie Javice guilty of defrauding JPMorgan Chase by falsifying Frank user numbers; the charges carry a maximum sentence of 30 years  —  A Manhattan jury on Friday issued a guilty verdict against Charlie Javice, the 33-year-old CEO who duped JPMorgan Chase into buying …
Financial Times:
Sources: the EU will impose minimal fines on Apple and Meta next week, far below the DMA's 10% of global turnover cap, to avoid tensions with President Trump  —  Brussels to push ahead with enforcing digital rules on Big Tech groups but with low financial penalties for breaches
Sarah Wynn / The Block:
Crypto.com says the US SEC won't pursue enforcement action; Crypto.com sued the SEC in October after receiving a Wells notice signaling potential charges  —  - Crypto.com said that the SEC will not file an enforcement action against the company.  — Crypto.com sued the SEC in October …

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Simplifying benefits management in Zoho People  —  Let's consider a new hire on their first day of orientation.  They receive a brief introduction to the benefits plans, and almost immediately, questions start to surface …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 AI Pioneer Jürgen Schmidhuber: AI Already Feels Pain, Loves, and Is Self-Aware
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
 Inside Podcasting's Fight Over Netflix, YouTube, and Creator Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
 Sam Blond from Monaco
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Training Data:
 Anthropic's Katelyn Lesse & Angela Jiang: Building an Ecosystem, not a Walled Garden
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
 John Kim - How to Raise a Few Billion Dollars
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Tools and Weapons with Brad Smith:
 Connecting the Unconnected: Doreen Bogdan-Martin
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.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:50 PM ET, March 28, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
A Paramount shareholder lawsuit claims David and Larry Ellison made an illegal deal with Trump in trade for approval of the WBD merger, promising to revamp CNN

Ted Johnson / Deadline:
Brendan Carr proposes repealing the national ownership cap, which restricts amassing TV stations that cover more than 39% of households, and sets an Aug. 6 vote

Michael M. Grynbaum / New York Times:
The NYT filed a motion Wednesday to quash DOJ subpoenas of three of its reporters demanding they disclose their sources, following coverage of Air Force One

More News

Emily Nicolle / Bloomberg:
Michael Novogratz's Galaxy Digital will pay $200M as part of a settlement with the New York AG over the firm's role in promoting the failed Luna cryptocurrency
Abner Li / 9to5Google:
Google says Pixel 9a will launch in the US, Canada, and UK on April 10; the company delayed the phone's launch to April to check “on a component quality issue”
Olivia Solon / Bloomberg:
AppLovin hires a law firm to investigate short sellers' allegations that the mobile ad company's ad performance numbers are fraudulent
Sheon Han / Wired:
How Paul Ginsparg, a Cornell University physics professor, created the digital repository arXiv nearly 35 years ago to help researchers share their preprints

Earlier Picks

Debby Wu / Bloomberg:
Taiwan is investigating 11 Chinese tech firms, including SMIC, which is being probed for allegedly poaching engineers to access the island's advanced chip tech
Jagmeet Singh / TechCrunch:
PUBG developer Krafton acquires a “north of 75% stake” in Pune-based gaming studio Nautilus Mobile for $14M in an all-cash deal, its first acquisition in India
Amanda Silberling / TechCrunch:
Nintendo unveils Virtual Game Cards, letting users transfer existing digital Switch games to other consoles and lend them out more easily, available in April
Aisha Malik / TechCrunch:
Google rolls out new Search, Maps, and Gemini features to help plan vacations, including hotel price drop alerts and turning screenshots into holiday plans
Maxwell Zeff / TechCrunch:
After OpenAI released ChatGPT's new image generator, social media has been flooded with AI memes in the style of Studio Ghibli, highlighting copyright concerns
More: Smashing Frames, Blood in the Machine, Associated Press, eWeek, VICE, 404 Media, Read Max, Business Insider, Fast Company, The Decoder, Laptop Mag, Mashable, Spyglass, Adweek, New York Post, Kotaku, Entrepreneur, TheGamer, Time, Axios, Blockonomi, The Angle, Dexerto, Fortune, Forbes, New York Times, ZDNET, CNN, 80 Level, Tom's Guide, The Overspill, The Verge, Digital Trends, Geek News Central Podcast, The American Conservative, Moneycontrol, SiliconANGLE, The Verge, and Reservoir Samples
Bluesky: @harrymccracken.com, @positronplays, @carnage4life, @jasonkoebler, @theinnerobserver, @andybrockman, @prietschka, and @atherton
Mastodon: @tansy@wandering.shop, @testobsessed@ruby.social, @intelgraphy@infosec.exchange, and @GossiTheDog@cyberplace.social.  Threads: @nateinthewild
X: @sama, @whitehouse, @sama, @sama, @pjaccetturo, @shilstone_arts, @levelsio, @mdurbar, @nuberodesign, @kantrowitz, @zemotion, @grantslatton, @holyn, @nikitabier, @signulll, @loudmouthjulia, @loudmouthjulia, @emollick, @trungtphan, @quantian1, @tszzl, @joannejang, @ausscreenwriter, @metaplexmovies, @minimaxir, @nabeelqu, @slimjosa, @f_edits, @katienotopoulos, @cyantist, @8teapi, @altryne, @sahilriz, @noheeriye, @emanuelsa, @johnbiggs, @tszzl, @tszzl, @heybarsee, @trungtphan, @bcmerchant, @morganb, @pjaccetturo, @halvarflake, @balajis, @michael_nielsen, @sama, @venturetwins, @nickmillermusic, @ednewtonrex, @gergelyorosz, @nearcyan, @nearcyan, @grantslatton, @sama, @pelziee, @hkesvani, @787fka, @imbethmccoll, @kilimeeeen, @space_b0y_, @thecaptain_nemo, @tom_westgarth15, @r3h8t, @uncledoomer, @cpaik, @jiratickets, @indian_bronson, @ednewtonrex, @adtac_, @peduarte, @bizlet7, @mrewanmorrison, @bartlebytaco, @guiltfoyle, @bigblackjacobin, @btckaz, @thejasonrink, @nikitabier, @hebennigatu, @gdb, @niles100, @thekitze, @wildbarestepf, @tobi, @loudmouthjulia, @petergyang, @tracewoodgrains, @uncledoomer, and @adonis_singh
Forums: r/ArtistHate, r/ArtistHate, r/technology, r/singularity, Beehaw, and Slashdot
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter