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Techmeme
March 29, 2025, 8:10 PM
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Top News

Keach Hagey / Wall Street Journal:
A book excerpt details how the OpenAI board ousted Sam Altman with help from Mira Murati, who provided examples of his alleged lies and other toxic behavior  —  Secrets, misdirection and broken trust.  The inside story of how the CEO of the hottest tech company was ousted and, just as quickly, resurrected.
Arfa Javaid / Financial Express:
Replit CEO Amjad Masad says learning to code is a waste of time, citing Dario Amodei's prediction that AI may generate essentially all code by next year  —  Repli CEO Amjad Masad said that since AI will take over coders in future, one should not waste time on studying coding now.
Jake Kanter / Deadline:
A look at AI-generated fake movie trailers on YouTube; WBD, Paramount, and Sony have earned ad revenue from some videos instead of defending their copyright  —  Cut to Nicholas Hoult's Lex Luthor watching on and Milly Alcock's Supergirl levitating into view.  “They are not from here,” Luthor intones in an ominous voiceover.
Alex Kantrowitz / Big Technology:
World History Encyclopedia, the second most visited history site, says its traffic fell 25% in Nov. 2024 after AI search tools began presenting its information  —  World History Encyclopedia CEO Jan van der Crabben saw his site show up in Google's AI Overviews and ChatGPT.  Then traffic dropped 25%.
Hamish McKenzie / @hamishmckenzie:
Hamish McKenzie says Substack is partnering with FIRE to support “writers residing lawfully” in the US targeted by the government for their writing  —  We are partnering with @TheFIREorg to stand up for free speech in the face of recent government actions against critics of U.S. foreign policy. We will work to protect writers who are targeted in this way. [image]
Bloomberg:
Source: the new combined entity housing xAI and X is called XAI Holdings and is valued at more than $100B but less than $113B, since X already owned part of xAI  —  - New joint entity is valued at over $100 billion, person says  — X, xAI already partnered on data sharing and Grok distribution
Bain:
India's e-commerce market grew 10%-12% YoY to ~$60B in GMV in 2024, versus historical rates of over 20%, with 270M+ people shopping online, second only to China  —  Executive summary  —  India has become a retail powerhouse over the last decade, ascending to the third largest retail market globally in 2024.
New York Times:
US tech companies are racing to establish more and bigger offshore campuses in India, fully staffed with highly skilled professionals in cities like Bengaluru  —  An abundance of motivated young professionals is luring American businesses to base their global operations in Indian cities.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:10 PM ET, March 29, 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

Ben Dummett / Wall Street Journal:
Axel Springer agrees to buy the Telegraph for £575M, ending the proposed acquisition by the DMGT, and plans to “turbocharge” the Telegraph's presence in the US

Wall Street Journal:
Sources: a coalition of states including California, Colorado, and New York prepares to sue on antitrust grounds if the Nexstar-Tegna deal gets FCC approval

Alex Weprin / The Hollywood Reporter:
SEC filing: Byron Allen buys a 10.7% stake in Starz for $25M from investment fund Liberty 77, led by former Treasury Secretary Steve Mnuchin

More News

Dan Primack / Axios:
Brooklyn-based Underdog, a fantasy sports and sports betting app, raised $70M in a first Series C tranche at a $1.23B valuation from Spark Capital
Debarghya Sil / Inc42 Media:
Gensol's troubles cast doubt on the future of Indian EV ride-hailing firm BluSmart, founded by Gensol's promoters; BluSmart has raised $180M in debt and equity

Earlier Picks

Zac Bowden / Windows Central:
In the latest Windows 11 preview build, Microsoft removed the “bypassnro” command, which let users skip signing into a Microsoft Account when installing Windows
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
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
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