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Techmeme
March 13, 2025, 11:25 AM
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Top News

Wall Street Journal:
Sources: Trump family representatives have held talks to take a financial stake in Binance US, and Changpeng Zhao has been pushing for Trump to pardon him  —  Discussions for stake in Binance's U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea
Bhanvi Satija / Reuters:
Intel appoints former board member and chip industry veteran Lip-Bu Tan as its new CEO, effective March 18, and says he will rejoin the board; INTC jumps 10%+  —  Struggling U.S. chipmaker Intel (INTC.O) on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18 …
Ian King / Bloomberg:
Intel's new CEO Lip-Bu Tan says he will stick with the costly foundry plan, which led to Pat Gelsinger's ouster, to make Intel “a world-class products company”  —  Incoming Intel Corp. Chief Executive Officer Lip-Bu Tan is signaling that he'll stick with his predecessor's plan …
Heather Somerville / Wall Street Journal:
A profile of new Intel CEO Lip-Bu Tan, an early investor in SMIC who has extensive ties to China and gained fame by helping turn around Cadence Design Systems
Meta:
Meta says contributors will not be able to submit Community Notes on ads “to start with”, but they can submit them on posts by politicians and public figures  —  https://about.fb.com/wp-content/ uploads/2025/03/Community-Notes-Launch- Date-Announcement_Header.mp4  —  Takeaways
John Gruber / Daring Fireball:
By previewing smarter Siri vaporware at WWDC and the iPhone 16 launch, Apple burned a reputation earned over decades for only promising actual working products  —  In the two decades I've been in this racket, I've never been angrier at myself for missing a story than I am about Apple's announcement …
Jay Peters / The Verge:
An arbitrator instructs a former Meta employee to stop promoting and publishing her book alleging company misconduct; publisher Flatiron Books earlier objected  —  An arbitrator has instructed the book's author and its publishers to stop publishing the book, though it's unclear how much authority the arbitrator has to do so.
Eric Geller / Wired:
Interviews with seven CISA employees describe how mass layoffs and weak leadership are taking a severe toll on the US government's cyber defense agency  —  Employees at the Cybersecurity and Infrastructure Security Agency tell WIRED they're struggling to protect the US while the administration dismisses …
BBC:
Roblox CEO Dave Baszucki tells parents that “if you're not comfortable, don't let your kids be on Roblox” and says “tens of millions” have positive experiences  —  Parents who are worried about their children being on Roblox should not let them use it …
Natasha Lomas / TechCrunch:
In its final decision report, the UK CMA finds that Apple and Google's mobile browser duopoly is “holding back innovation”, but offers no enforcement action  —  A U.K. competition authority investigation of Apple and Google's mobile browsers has concluded that the mobile duopoly's policies are …
Lauren Feiner / The Verge:
Google calls the passage of Utah's app store age-verification bill “concerning” and part of an effort by Meta and others to “offload” kids' safety to app stores  —  Google has its own ideas about what kids online safety legislation should look like.
Belle Lin / Wall Street Journal:
D-Wave claims it has achieved “quantum supremacy” with its quantum annealing processors; some physicists say classical computers can achieve comparable results  —  The company said classical computers can't beat its quantum computer in magnetic materials simulation.  Some physicists disagree.
Martin Young / Cointelegraph:
CoinGecko data shows that daily crypto trading volume dropped from a peak of $440B in early February 2025 to $163B on March 12, a 63% decrease  —  Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts.
Chris Welch / The Verge:
Sources: Sonos has abandoned plans to release a streaming video player, which was set to be the company's major hardware launch in 2025  —  The device, codenamed Pinewood, was set to be the company's major hardware launch in 2025. … Sonos has abandoned plans to release a streaming video player …

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From Mediagazer

Rohan Goswami / Semafor:
Sources: Netflix is interested in buying Lionsgate and bid on Roku, but the deal would have faced tougher antitrust scrutiny than Fox's

Wall Street Journal:
Sources: the DOJ closed an investigation of Paramount's bid for WBD before career staffers who were concerned about the acquisition had an opportunity to object

Nieman Lab:
RISJ's 2026 Digital News Report: social media and video networks are now more popular as a source of news than TV and owned and operated news websites and apps

More News

Molly White / Citation Needed:
The US Strategic Bitcoin Reserve, to be funded via civil asset forfeitures, goes against bitcoiners' early skepticism of state overreach and market intervention

Earlier Picks

Bill Peters / MarketWatch:
UiPath shares fell over 15% after the company projected FY 2026 sales of $1.525B to $1.53B, vs. $1.58B estimates; PATH is down 51.6% over the past 12 months
TechCrunch:
Indian police arrest Aleksej Besciokov, the co-founder of Garantex, a Russian crypto exchange sanctioned by the EU and the US, at the request of US authorities
Benoit Berthelot / Bloomberg:
French publishers and authors sue Meta for allegedly training AI on their books without consent, saying they have evidence of “massive” copyright breaches
Tom Warren / The Verge:
Sources: an Xbox-branded Asus handheld may debut this year as part of Microsoft's effort to unify Windows and Xbox into a universal library of Xbox and PC games
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