| Financial Times: |
Sources: Elon Musk pushed out two more xAI co-founders after getting frustrated with xAI's coding product progress and brought in “fixers” from SpaceX and Tesla — Tesla and SpaceX managers sent in to review work as billionaire's start-up struggles to keep pace with rivals| Fred Lambert / Electrek: |
Elon Musk says xAI “was not built right first time around, so is being rebuilt from the foundations up” — Elon Musk admitted today that xAI, his artificial intelligence venture, “was not built right first time around” and “is being rebuilt from the foundations up.”| The Information: |
| Eli Tan / New York Times: |
Sources: Meta delayed the launch of its Avocado model to at least May over performance concerns and discussed temporarily licensing Gemini to power its products — The tech giant pushed back the timeline after spending billions to be on the cutting edge of artificial intelligence.| Mark Gurman / Bloomberg: |
Apple is lowering its commission for its App Store in mainland China from 30% to 25%, starting on March 15, “following discussions with the Chinese regulator” — Apple Inc. is lowering the fees it collects from app developers for software and in-app purchases in China … | Clive Thompson / New York Times: |
Developers on AI coding: many are enthusiastic and now feel more like architects than construction workers, some say software jobs openings may grow, and more — Lately, Manu Ebert has been trying to keep his A.I. from humiliating him. — I recently visited Ebert, a machine-learning engineer … | Kelby Vera / HuffPost: |
Alex Karp says AI disrupts the economic power of “humanities-trained, largely Democratic voters” and strengthens that of “working-class, often male voters” — In a new interview, Palantir CEO Alex Karp predicted who will be hit hardest by shifts in technology ... and it wasn't the typical MAGA base.| Emma Roth / The Verge: |
Amazon Prime Video plans to raise the price of its ad-free plan, Ultra, to $4.99 per month, and add support for up to five simultaneous streams, from April 10 — The revamped Prime Video ‘Ultra’ tier will cost $4.99 per month and come with ‘exclusive’ access to 4K streams.| Brian Krebs / Krebs on Security: |
Source: the perpetrators of the wiper attack on Stryker appear to have used Microsoft Intune to issue a “remote wipe” command against all connected devices — A hacktivist group with links to Iran's intelligence agencies is claiming responsibility for a data-wiping attack against Stryker … | Lawrence Abrams / BleepingComputer: |
Telus Digital confirms a security incident after ShinyHunters claimed to have stolen nearly 1PB of data from the Canadian BPO giant in a multimonth breach — Canadian business process outsourcing giant Telus Digital has confirmed it suffered a security incident after threat actors claimed … | Bloomberg: |
Sources: HSBC and Standard Chartered are set to be among the first licensed stablecoin issuers in Hong Kong, as the city pushes to become a crypto hub — HSBC Holdings Plc and Standard Chartered Plc are set to be among the first licensed stablecoin issuers in Hong Kong … | Wall Street Journal: |
Sources: ByteDance is working with Aolani Cloud to deploy ~500 Nvidia Blackwell systems in Malaysia, totaling ~36,000 B200 chips; the hardware could cost $2.5B+ — TikTok parent, pushing global expansion, plans to tap Blackwell processors that are barred for export to China| Nathan Vifflin / Reuters: |
STMicro says it will retrain workers and deploy humanoid robots in its older chip plants for repetitive and physically demanding tasks, aiming to avoid closures — STMicroelectronics (STMPA.PA) unveiled plans on Thursday to retrain workers and deploy robots in its older chip manufacturing plants … | Jessica E. Lessin / The Information: |
Sources: Travis Kalanick prepares to launch a self-driving car company with backing from Uber and has been discussing acquiring Anthony Levandowski's Pronto.ai — Former Uber CEO and cofounder Travis Kalanick is preparing to launch a new self-driving car company with major backing … | Wall Street Journal: |
AWS plans to deploy Cerebras' Wafer-Scale Engine chip for AI inference functions; AWS will still offer slower, cheaper computing using its Trainium processors — Amazon Web Services says the partnership will allow it to offer lightning-fast inference computing| Financial Times: |
Banking, manufacturing, and other EU businesses warn “tech sovereignty” could hit profits and competitiveness as Brussels aims to cut reliance on US tech giants — Companies argue that ‘tech sovereignty’ drive could hit profits and undermine continent's competitiveness| Gian Volpicelli / Bloomberg: |
The European Commission says “X has submitted remedies in relation to its blue check mark” in the EU and the commission will now “assess the proposed remedies” — Elon Musk's X, the social network formerly known as Twitter, has agreed to change its verification mechanism … | Associated Press: |
Social media addiction trial: the plaintiff, Meta, and YouTube make their closing arguments; jurors begin deliberations on the liability for harms to children — After about a month of hearing from addiction experts, therapists, platform engineers and executives, including Mark Zuckerberg … | Jonathan Stempel / Reuters: |
Adobe agrees to pay $75M to resolve a US government lawsuit accusing it of concealing hefty termination fees and making it difficult to cancel subscriptions — Adobe (ADBE.O) said on Friday it will pay $75 million to resolve a U.S. government lawsuit accusing the Photoshop and Acrobat maker … | Jordan Novet / CNBC: |
Adobe says CEO Shantanu Narayen will step down after it names his successor; Narayen became CEO in 2007 and will stay on as chair of the board; ADBE drops 6%+ — Adobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the design software company's chair.| Fortune: |
Docs: Binance investigators found accounts, including of a VIP Chinese trader and a suspected Iranian gold smuggler, that helped move $1B to Iran-linked groups — In early 2025, an embattled Iranian regime was turning increasingly to crypto in order to thwart sanctions choking its economy.
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| Lauren Forristal / TechCrunch: |
| Natalie Lung / Bloomberg: |
| Jonathan Stempel / Reuters: |
| Jessica Lyons / The Register: |
| Emma Roth / The Verge: |
| Tom Warren / The Verge: |
| Sebastian Herrera / Wall Street Journal: |
| Andrew J. Hawkins / The Verge: |