Techmeme
February 24, 2025, 7:20 PM

Top News

Mark Gurman / Bloomberg:
Apple says it will spend $500B+ in the US over the next four years, hire 20,000 US workers, and produce AI servers in Texas, after Tim Cook met with Trump  —  - Company to begin producing Apple Intelligence servers in Texas  — $500 billion planned to be invested in US over next four years
Dan Gallagher / Wall Street Journal:
Analysis: Apple's announcement of spending over $500B in the US over four years is in line with what one might expect it to spend anyway, given its financials  —  One big benefit to being the size of Apple AAPL 0.95%increase; green up pointing triangle is the ability to throw around huge numbers while in the normal course of business.
Maxwell Zeff / TechCrunch:
Anthropic releases Claude 3.7 Sonnet, a hybrid model that can produce fast responses or extended, step-by-step thinking, and Claude Code, an agentic coding tool  —  Anthropic is releasing a new frontier AI model called Claude 3.7 Sonnet, which the company designed to “think” about questions for as long as users want it to.
Berber Jin / Wall Street Journal:
Brian Krebs / Krebs on Security:
The Trump admin has fired 130+ staff at CISA, replaced staff refusing DOGE access to networks, appointed a DOD CISO whose clearance was suspended in 2021, more  —  One month into his second term, President Trump's actions to shrink the government through mass layoffs, firings …
Bloomberg:
TD Cowen: Microsoft cancels leases for a substantial amount of US data centers, potentially due to over-investment fears; Microsoft plans to spend $80B in 2025  —  - The company has pledged $80 billion toward computing capacity  — Wall Street is questioning AI demand over the longer-term
Tanaya Macheel / CNBC:
Robinhood says it received a letter from the SEC stating the agency is dropping its investigation into Robinhood Crypto, a sign of regulatory change under Trump  —  The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company revealed Monday.
NBC News:
Sources: the Elon Musk-directed OPM email asking federal staff about recent work requested no links or attachments as part of a plan to feed responses into AI  —  The revelation comes as federal workers face a midnight deadline to respond.  —  WASHINGTON — Responses to the Elon Musk-directed email …
Davey Winder / Forbes:
Google says it plans to use QR codes for Gmail account authentication, ditching SMS to “reduce the impact of rampant, global SMS abuse”  —  It is certainly no secret that using SMS text messages for security codes used to authenticate your identity is far from ideal.
Arjun Sha / Beebom:
Microsoft quietly launched free, ad-supported desktop versions of Word, Excel, and PowerPoint for Windows, with banner and video ads and limited functionality  —  In Short  — Microsoft has quietly introduced a free ad-supported Office that brings access to desktop Word, Excel, and PowerPoint without any subscription.
Maggie Eastland / Bloomberg:
MongoDB buys Voyage AI for $220M and plans to integrate Voyage's retrieval tools for higher-quality AI outputs with real-time operational data for businesses  —  - Voyage to gain access to real-time, document-based storage  — Combined firm aims to reduce hallucinations in AI applications
Ian Allison / CoinDesk:
Crypto exchange OKX settles charges with the US DOJ and will pay over $500M in penalties and forfeited fees after facilitating $5B+ in suspicious transactions  —  An OKX subsidiary said it resolved a U.S. DOJ investigation.  —  What to know: … OKX, one of the largest cryptocurrency exchanges …
Wes Davis / The Verge:

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