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March 28, 2025, 2:30 PM
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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 the system  —  Social Security systems contain tens of millions of lines of code written in COBOL, an archaic programming language.
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.
Jordan Novet / CNBC:
CoreWeave opens down 2.5% at $39 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021
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
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
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.
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 …
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”  —  After a last-minute delay, Google today announced that Pixel 9a will launch starting April 10.
Olivia Solon / Bloomberg:
AppLovin hires a law firm to investigate short sellers' allegations that the mobile ad company's ad performance numbers are fraudulent  —  It followed a Muddy Waters report released on Thursday that alleged that AppLovin was misappropriating data and violating some of its platform partners' terms of service …
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  —  Taiwan is investigating whether China's leading chipmaker Semiconductor Manufacturing International Corp. illegally poached local engineers …
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  —  It's only been a day since ChatGPT's new AI image generator went live, and social media feeds are already flooded with AI-generated memes …
More: Blood in the Machine, Smashing Frames, VICE, Associated Press, eWeek, Entrepreneur, 404 Media, New York Post, Adweek, TheGamer, Time, Business Insider, PR Daily, New York Times, Ars Technica, Windows Central, Axios, ZDNET, Digital Trends, Blockonomi, Tom's Guide, The Angle, Dexerto, Fortune, The Overspill, Forbes, Geek News Central Podcast, 80 Level, The American Conservative, Moneycontrol, ABC17NEWS, SiliconANGLE, The Verge, PC Gamer, CNET, Futurism, The Decoder, Decrypt, MobileSyrup, Breitbart, Android Headlines, and The Verge
Bluesky: @harrymccracken.com, @positronplays, @carnage4life, @jasonkoebler, @theinnerobserver, @andybrockman, @prietschka, @atherton, and @jael
Mastodon: @testobsessed@ruby.social, @tansy@wandering.shop, @intelgraphy@infosec.exchange, and @GossiTheDog@cyberplace.social.  Threads: @nateinthewild
X: @sama, @sama, @sama, @whitehouse, @pjaccetturo, @shilstone_arts, @mdurbar, @grantslatton, @levelsio, @trungtphan, @kantrowitz, @zemotion, @holyn, @nikitabier, @signulll, @loudmouthjulia, @loudmouthjulia, @emollick, @metaplexmovies, @tszzl, @nabeelqu, @minimaxir, @f_edits, @katienotopoulos, @cyantist, @8teapi, @altryne, @sahilriz, @noheeriye, @emanuelsa, @johnbiggs, @tszzl, @tszzl, @pjaccetturo, @heybarsee, @bcmerchant, @trungtphan, @nuberodesign, @morganb, @halvarflake, @ausscreenwriter, @quantian1, @balajis, @michael_nielsen, @sama, @venturetwins, @nickmillermusic, @slimjosa, @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
Joanne Jang / Reservoir Samples:
OpenAI's model behavior lead says OpenAI is “shifting from blanket refusals in sensitive areas to a more precise approach focused on preventing real-world harm”

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From Mediagazer

Todd Spangler / Variety:
Alisa Bowen, president of Disney+ since late 2022, is leaving to become CEO of Disney-controlled Fubo, succeeding David Gandler, who led Fubo for over a decade

Mark Stenberg / Adweek:
USA Today CEO Mike Reed says the company is prepared to opt out of Google Search in the next 6 to 12 months because it has no licensing agreement with Google

Matthew Keys / TheDesk.net:
Bango: 43% of Americans would change providers for a better sports bundle, 64% pay for a sports SVOD, 46% missed a game because they didn't find where to watch

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
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
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

Earlier Picks

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
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