Techmeme
March 6, 2025, 11:20 PM

Top News

Jesse Coghlan / Cointelegraph:
Trump signs an EO to establish a Strategic Bitcoin Reserve and a Digital Asset Stockpile using BTC and other digital assets forfeited in criminal or civil cases  —  US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve “just a few minutes ago,” says crypto tsar David Sacks.
Jordan Novet / CNBC:
HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 employees; HPE drops 20%+ after hours  —  Hewlett Packard Enterprise shares slid 19% in extended trading on Thursday as the data center equipment maker issued quarterly …
Lorenzo Franceschi-Bicchierai / TechCrunch:
The US Secret Service, Europol, and others take down and seize Garantex, a Russian cryptocurrency exchange accused of being associated with ransomware hackers  —  The U.S. Secret Service, working with a coalition of international law enforcement agencies, has taken down and seized the website of Garantex …
CoinDesk:
In a Tucker Carlson interview, Sam Bankman-Fried says he was becoming closer to the GOP in the lead-up to his arrest and that played a role in his sentencing  —  Between his recent social posts referring to the Department of Government Efficiency (DOGE), an interview with The New York Sun …
NewsGuard's Reality Check:
An audit found that 10 top AI chatbots, including ChatGPT, Copilot, and Gemini, repeated false claims from a pro-Kremlin disinformation network 33% of the time  —  An audit found that the 10 leading generative AI tools advanced Moscow's disinformation goals by repeating false claims …
Marc Caputo / Axios:
The US State Department says it will use AI to review social media accounts to revoke visas of students who seem to support designated terror groups like Hamas  —  Secretary of State Marco Rubio is launching an AI-fueled “Catch and Revoke” effort to cancel the visas of foreign nationals …
Ivan Mehta / TechCrunch:
YC Managing Partner Jared Friedman says that for 25% of the W25 batch, 95%+ of their codebases are AI generated, not including code like for importing libraries  —  With the release of new AI models that are better at coding, developers are increasingly using AI to generate code.
Zaheer Kachwala / Reuters:
Broadcom Q1: revenue up 25% YoY to $14.92B, vs. $14.61B est., net income up 315% YoY to $5.5B, and forecasts Q2 revenue above est.; AVGO jumps 10%+ after hours  —  Broadcom (AVGO.O) on Thursday forecast second-quarter revenue above Wall Street expectations on strong demand …
Romain Dillet / TechCrunch:
Mistral launches Mistral OCR, a multimodal API that uses optical character recognition to turn complex PDF documents into Markdown files ready for LLM training  —  On Thursday French large language model (LLM) developer Mistral launched a new API for developers who handle complex PDF documents.
Eric Slivka / MacRumors:
Kuo: Apple plans to start mass producing a $2,000+ book-style foldable iPhone in Q4 2026, with a ~7.8" “crease-free” inner display and a ~5.5" outer display  —  Apple's first foldable iPhone should arrive around the end of 2026 or early 2027 with a book-style design and a premium price tag …
Tim Hardwick / MacRumors:
Mariella Moon / Engadget:
Reddit adds tools like Post Insights, Post Recovery, and Post Check, which helps users see if what they are posting potentially goes against a subreddit's rules  —  The website will now also suggest appropriate communities for your post.  —  Reddit has announced several new tools that seem …
Emily Birnbaum / Bloomberg:
The GOP-led House Judiciary Committee subpoenas Alphabet and Sundar Pichai as part of its investigation into alleged censorship under the Biden administration  —  The Republican-led House Judiciary Committee subpoenaed Alphabet Inc. and its CEO Sundar Pichai as part of its ongoing investigation …
Angela Christy / Reuters:
CoreWeave denies an FT report that Microsoft withdrew from some of its agreements ahead of CoreWeave's IPO, saying “there have been no contract cancellations”  —  IPO-bound AI cloud startup CoreWeave said on Thursday it had not seen any contract cancellations after the Financial Times reported …
Andrew Liszewski / The Verge:
1Password now lets users add specific physical locations to passwords and other items, which then appear in its mobile app when the user is near those locations  —  You can now add a location for passwords and other items saved in 1Password. … 1Password introduced a new feature today …

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