| New York Times: |
OpenAI's board rejects the $97.4B bid by Elon Musk and a consortium of investors, saying they reject “Musk's latest attempt to disrupt his competition” — Bret Taylor, the chairman of OpenAI's board, said the artificial intelligence company was “not for sale.”| Eric Geller / Wired: |
Memo: CISA halts election security work and reviews related activities conducted since 2017, to comply with Trump's January 20 EO on “ending federal censorship” — The US Cybersecurity and Infrastructure Security Agency has frozen efforts to aid states in securing elections, according to an internal memo viewed by WIRED.| Bloomberg: |
Source: TSMC is considering taking a controlling stake and fully running Intel's US factories after a Trump team request, as Trump aims to boost manufacturing — - TSMC would take controlling stake in potential partnership — Administration aims to boost manufacturing of advanced chips| Michael Nuñez / VentureBeat: |
Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac — Perplexity shattered the artificial intelligence market's status quo today by launching Deep Research, a tool … | Gillian Tan / Bloomberg: |
Source: xAI is canvassing potential investors, including Sequoia Capital and a16z, for a roughly $10B funding round that would value the company at about $75B — - Sequoia, Andreessen Horowitz, Valor in talks to participate — Company last fundraised at $51 billion valuation per Pitchbook| Brody Ford / Bloomberg: |
| Mark Gurman / Bloomberg: |
Sources: Apple's overhaul of Siri faces engineering problems and software bugs; some features, planned for April, may have to be postponed until May or later — - Software's makeover is key to Apple Intelligence ambitions — New Siri features slated for April at risk of being postponed| Emily Nicolle / Bloomberg: |
Tether acquires a minority stake in the iconic Italian football club Juventus, as part of a broader push to integrate digital assets into sports franchises — Tether Holdings SA de CV said it's acquired a minority stake in Juventus Football Club SpA, as one of crypto's most valuable companies continues … | Mark Gurman / Bloomberg: |
Sources: Meta plans major investment in AI-powered humanoid robots, with an initial focus on household chores, and has formed a new team within Reality Labs — - Company is aiming to be the engine powering humanoid market — Ex-Cruise CEO Marc Whitten to run new group in Reality Labs| Ingrid Lunden / TechCrunch: |
Meta announces Project Waterworth, a subsea cable project that will span over 50,000 km and connect five continents — Back in November, we broke the news that Meta — owner of Facebook, Instagram and WhatsApp, with billions of users accounting for 10% of all fixed and 22% of all mobile traffic … | Sharon Goldman / Fortune: |
Harvey, which builds generative AI tools for law firms, raised a $300M Series D led by Sequoia at a $3B valuation; CEO Winston Weinberg says ARR surpassed $50M — Harvey, a San Francisco AI startup focused on the legal industry, has raised $300 million in a funding round led by Sequoia … | Scharon Harding / Ars Technica: |
In an AMA, Steve Huffman says Reddit is planning to roll out paid subreddits in 2025 and is “laying the foundation” to monetize commerce within subreddits — Huffman previously showed interest in potentially introducing a new type of subreddit with “exclusive content or private areas” that Reddit users would pay to access.| Wall Street Journal: |
Sources detail Sam Altman and Elon Musk's disintegrating relationship and how Altman secretly worked around Musk to blindside him with the Stargate announcement — On the first full day of the second Trump presidency, Elon Musk was in the White House complex when he got word that his nemesis … | Boone Ashworth / Wired: |
A profile of Watch Duty creator John Clarke Mills, who wants the fire-tracking app to become a one-stop shop for information during any disaster — Watch Duty proved indispensable during the recent LA wildfires. John Mills, the app's creator, wants it to be the one place to go for tracking disasters.| Jordan Novet / CNBC: |
Filing: Trump Media reports 2024 revenue down 12% YoY to $3.6M and a $400M net loss, up from $58.2M in 2023; the company has a $6.6B market cap — Trump Media & Technology Group shares were down about 1% in extended trading on Friday after the operator of Truth Social released its 2024 results.| Lucas Shaw / Bloomberg: |
Sources: Spotify hopes to launch a Music Pro tier in 2025, a $6/month add-on that will include higher-quality audio, early access to concert tickets, and more — - Spotify is hoping to roll out its new Music Pro this year — Customers may get early access to concert tickets, other perks| Heather Haddon / Wall Street Journal: |
Uber sues DoorDash, accusing it of anticompetitive practices like coercing restaurants to exclusively work with DoorDash for parts of their delivery business — Lawsuit accuses DoorDash of strong-arm tactics that inflate restaurants' costs; DoorDash disputes Uber's allegations| David Pan / Bloomberg: |
Industry executives say US crypto miners are facing delays in receiving new equipment from Bitmain and other Chinese suppliers amid heightened customs scrutiny — - Bitmain rakes in billions of dollars from mining machine sales — The Beijing-based company is also a leading AI chip developer| J. Edward Moreno / Sherwood News: |
Analysis: consumers spent $259.1B on Uber, Lyft, and DoorDash in 2024, up from $218.5B in 2023, with $162.8B on Uber, $80.2B on DoorDash, and $16.1B on Lyft — Lyft and DoorDash just reported their first years with net profits. Instacart is likely next. — For a long time … | Dwarkesh Patel / Dwarkesh Podcast: |
Q&A with Google's Jeff Dean and Noam Shazeer on Google's path to AGI, future of Moore's Law and TPUs, inference scaling, open research, and more — Two of Gemini's co-leads on Google's path to AGI — This week I welcome on the show two of the most important technologists ever, in any field.| Olga Kharif / Bloomberg: |
The website of President Trump's World Liberty Financial shows the crypto project sold 24B+ of its 25B WLFI tokens after a slow start, implying sales of $1.25B — - The project has sold more than 24 billion tokens so far — Chinese crypto entrepreneur Justin Sun is a project investor| Olivia Poh / Bloomberg: |
Sources: SoftBank-backed eFishery, Indonesia's high-profile agritech startup, cuts over 1,000 jobs, or ~90% of its workforce, and weighs a potential liquidation — - Indonesia's high-profile agritech startup cuts over 1,000 jobs — Company unraveling after allegedly faking most of its revenue| Eric Newcomer / Newcomer: |
Sources: Lightspeed, whose bets include Wiz, Anthropic, and Stripe, returned $8B from current and active funds in the past five years, with $3B+ coming in 2024 — I've got my hands on slides from Lightspeed's $7 billion fundraising effort — Lightspeed Venture Partners …
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