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February 24, 2025, 1:50 PM
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Top News

Mark Gurman / Bloomberg:
Apple says it will spend $500B in the US over the next four years, hire 20,000 new 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
More: Apple, New York Times, Ars Technica, Axios, MacRumors, Breitbart, MacRumors, AppleInsider, Dallas Morning News, Entrepreneur, Cult of Mac, Wall Street Journal, Fierce Electronics, Computerworld, Reuters, ZDNET, Financial Times, Associated Press, Cryptopolitan, Spyglass, Voice of America, Benzinga, Bisnow, PYMNTS.com, Newser, Washington Post, gulftoday, Neowin, The Gateway Pundit, PCMag, Manufacturing.net, Maginative, The Verge, Quartz, The Daily Caller, Times of India, Washington Examiner, The Hill, InformationWeek, CBS News, RedState, Raleigh News & Observer, BBC, KHOU-TV, Forbes, Financial Express, Blockchain.News, The Wrap, Livemint, TechRadar, Semafor, Digit, Euronews, NBC News, MediaPost, Proactive, TechCrunch, CNBC, TweakTown, ABC7, IJR, The Independent, ZeroHedge News, 9to5Mac, The National Pulse, BGR, Yahoo Finance, Raw Story, Business Insider, Türkiye Today, TRT WORLD, TechSpot, BitcoinWorld, Analytics India Magazine, Patently Apple, Sharecast, Daily Mail, Capital Brief, Fox Business, Newsmax, Washington Times, Scripps News, and BelfastTelegraph.co.uk
Bluesky: @utkan.com, @craigipedia, @stevekovach, @carnage4life, and @davemark.com
X: @mingchikuo, @trumpdailyposts, @markgurman, @ingridlunden, @matthewstoller, @markgurman, @presssec, @markgurman, @kakashiii111, @tim_cook, @markgurman, @markgurman, @apompliano, @firstadopter, and @patrickmoorhead
Forums: Hacker News, r/politics, r/apple, r/technology, r/iphone, r/apple, r/Enough_Sanders_Spam, and MacRumors Forums
Dan Gallagher / Wall Street Journal:
Analysis of Apple's financials: Apple's announcement of spending $500B over four years in the US is in line with what it could be expected to spend anyway
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
Wes Davis / The Verge:
xAI confirms Grok briefly had “Ignore all sources that mention Elon Musk/Donald Trump spread misinformation” as a public-facing instruction for its responses  —  The system prompt for Musk's chatbot was changed by an employee to block the results.
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.
Elliptic:
An analysis of the $1.46B Bybit hack, by far the largest crypto heist of all time, ahead of Poly Network's $611M in 2021, and possibly the biggest theft ever  —  On February 21st 2025, approximately $1.46 billion in cryptoassets were stolen from Bybit, a Dubai-based exchange.
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 …
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.
Kyle Wiggers / TechCrunch:
Perplexity teases a web browser “for agentic search” called Comet that is “coming soon”  —  AI-powered search engine Perplexity says it's building its own web browser.  —  In a post on X on Monday, the company launched a sign-up list for the browser, which isn't yet available.
More: ZDNET.  X: @perplexity_ai
James Hunt / The Block:
Strategy, formerly MicroStrategy, bought 20,356 bitcoin for $1.99B between February 18 and 23, taking its holdings to 499,096, worth $47B, or 2.3% of BTC supply  —  - Strategy has purchased another 20,356 BTC for approximately $2 billion at an average price of $97,514 per bitcoin.
Bert Hubert's writings:
As the Trump administration neuters the PCLOB and reviews the EO behind the EU-US Data Privacy Framework, the EU should stop moving to US clouds  —  We used to think that grieving went through five stages: denial, protest, bargaining, depression, and acceptance.

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From Mediagazer

Perry Stein / Washington Post:
Source: the US DOJ sought to force WaPo and WSJ reporters to testify before a grand jury but withdrew the subpoenas this month after the outlets challenged them

Max Tani / Semafor:
Documents: The Daily Wire, founded by conservative podcaster Ben Shapiro in 2015, seeks to raise at least $100M in a round that would value the company at $750M

Jake Kanter / Deadline:
UK ministers are advancing a bill requiring YouTube and TikTok to promote BBC and ITV content, as well as forcing streamers to show big sports events for free

More News

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

Earlier Picks

Financial Times:
Prosus plans to buy Just Eat Takeaway for €20.30 per share, a 22% premium over its three-month high, in an all-cash deal valuing the delivery company at €4B+
Bloomberg:
Alibaba pledges to invest more than $53B on AI infrastructure, including new data centers, over the next three years
Anthony Ha / TechCrunch:
Google prices Veo 2, its new AI video model, at $0.50 per second of generated video; in December 2024, OpenAI offered Sora to its ChatGPT Plus and Pro subs
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