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March 31, 2025, 10:15 AM
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| Michael J. de la Merced / New York Times: |
Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders — The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer.
More: Wall Street Journal, FinSMEs, Moneycontrol, Bloomberg, Reuters, Isomorphic Labs, STAT, and Endpoints News
| Wall Street Journal: |
Sources detail tensions between Apple and Elon Musk's SpaceX over expanding satellite cellphone services; Apple discussed linking iPhones to SpaceX satellites — The iPhone maker and SpaceX are competing in the race to eliminate cellphone dead spots, a rift that is set to intensify| Maxwell Zeff / TechCrunch: |
Amazon's AGI Lab unveils Nova Act, a general purpose AI agent to control a web browser and independently perform some simple actions, and a Nova Act SDK — Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple actions.
More: GeekWire, About Amazon, and Wired
| Bloomberg: |
Chinese startup Manus, whose AI agent service is still in beta, announces a $39 per month Manus Starter plan and an upgraded $199 per month Pro tier — The Beijing-based startup behind Manus has set up a $39-per-month tier and a $199 upgraded option, the latter in line with OpenAI's ChatGPT Pro.| Vicky Ge Huang / Wall Street Journal: |
Eric and Donald Trump Jr.'s American Data Centers plans to merge with Hut 8's American Bitcoin and take a 20% stake, aiming to create the world's largest miner — A business led by two of the president's sons will invest in American Bitcoin, a new mining company controlled by Hut 8| Reuters: |
How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales — As World Liberty Financial raised more than half a billion dollars, President Donald Trump's family took control of the crypto venture … | Benoit Berthelot / Bloomberg: |
France's antitrust regulator fines Apple €150M after a lengthy investigation into how iOS asks to collect user data under ATT and the impact on advertisers — France's antitrust regulator fined Apple Inc. €150 million ($162 million) after a lengthy probe into how the technology company asks … | Kevin Beaumont / DoublePulsar: |
Oracle is using very specific words to avoid responsibility for an Oracle Cloud breach, after a report on March 21 that a threat actor claimed responsibility — Being a provider of cloud SaaS (Software-as-a-service) solutions requires certain cybersecurity responsibilities — including being transparent and open.| Reuters: |
TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion — TSMC (2330.TW) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island's economy and that it will continue …
More: Tech Monitor, TrendForce News, Gizchina.com, and DigiTimes
| Georgina Quach / Financial Times: |
Barclays, Monzo, Lloyds, and other major UK banks join Amazon, Google, Match, Meta, BT, and Three in committing to live data sharing in a UK fraud clampdown — Industry-led initiative promises to beat existing scam-monitoring systems — Britain's biggest banks, technology and telecoms companies … | Belle Lin / Wall Street Journal: |
AMD completes its $4.9B purchase of data center equipment designer ZT Systems, announced in August 2024, taking on its roughly 1,000 design engineers — Chip giant CEO Lisa Su says AI is still in its ‘very early stages’ as the company revs up competition with Nvidia
More: TechPowerUp and Motley Fool
| Karin Matussek / Bloomberg: |
Nokia and Amazon settle a long-running, global patent dispute over Amazon using Nokia's video tech in Prime Video and its devices, without disclosing the terms — The agreement covers the use of Nokia video technologies in Amazon's streaming services and devices, resolving all patent litigation globally … | Arjun Kharpal / CNBC: |
Huawei reports FY 2024 revenue up 22.4% YoY to ~$118.2B, near its ~$123B record in 2020, net profit down 28% YoY to ~$8.63B, and R&D spend rising to ~$25B — Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated.
More: Associated Press, RTÉ, Wall Street Journal, Huawei, Reuters, Nikkei Asia, Huawei, South China Morning Post, and Bloomberg
| Zack Abrams / The Block: |
PumpSwap, a new DEX launched by Pump.fun's creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem — - PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days …
More: Dune, crypto.news, crypto.news, Cointelegraph, crypto.news, and Cryptopolitan. Forums: r/CryptoCurrency
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