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March 20, 2025, 9:40 AM
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Top News

Bloomberg:
SoftBank acquires Ampere Computing for $6.5B in cash, with Oracle and Carlyle selling their stakes as part of the deal, which is expected to close in H2 2025  —  SoftBank is buying Ampere in an all-cash transaction that values the Santa Clara, California-based firm at $6.5 billion, according to a statement reviewed by Bloomberg News.
Reuters:
Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories  —  Nvidia (NVDA.O) CEO Jensen Huang said on Wednesday that his company had not been approached about purchasing a stake in Intel (INTC.O).
Financial Times:
Jensen Huang says Nvidia will spend “several hundred billion” on US-made chips and electronics over four years as it shifts supply chains amid US tariff threats  —  Jensen Huang's pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industry
Echo Wang / Reuters:
Sources: CoreWeave plans to sell shares for $47 to $55 when marketing its IPO this week, aiming to raise $2.3B to $2.7B, possibly even before the IPO prices  —  CoreWeave, the artificial intelligence startup backed by Nvidia (NVDA.O), is planning to ask investors to pay $47 to $55 for each …
Sue Marek / Ookla:
Analysis: AT&T and Verizon Speedtest users saw higher median download speeds on the iPhone 16e and its C1 than the iPhone 16; T-Mobile users saw the opposite  —  The 16e is the first iPhone to feature the Apple-designed C1 modem.  —  Key Takeaways:  — AT&T and Verizon Speedtest® …
Sarah Perez / TechCrunch:
Newsletter service Ghost launches support for ActivityPub integration in beta for Ghost(Pro) subscribers, letting them share their posts across the fediverse  —  Newsletter platform Ghost, an open source competitor to Substack, is now connected to the fediverse, also known as the open social web.
Kyle Wiggers / TechCrunch:
OpenAI launches o1-pro, which uses more compute than o1 for “consistently better responses”, to select developers for $150/1M input and $600/1M output tokens  —  OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API.
Emma Roth / The Verge:
Meta plans to roll out Meta AI with text-only features in the EU this week on WhatsApp, Facebook, Instagram, and Messenger, after pausing its debut in June 2024  —  A more limited version of Meta AI will head to WhatsApp, Facebook, Instagram, and Messenger this week.
Lauren Thomas / Wall Street Journal:
Crypto exchange Kraken acquires US retail futures trading platform NinjaTrader for $1.5B, pending “purchase price adjustments”; NinjaTrader has 1.8M+ customers  —  NinjaTrader, a futures trading platform, would expand Kraken's offerings  —  The cryptocurrency exchange Kraken agreed …
Natasha Lomas / TechCrunch:
Google says more changes to Search in the EU would “reduce traffic to European businesses” and changes to the Play Store may expose users to “malware and fraud”  —  Google Search and its Play Store app marketplace are suspected of breaching the European Union's Digital Markets Act …
Barbara Moens / Financial Times:
The EU Commission orders Apple to open iOS to third-party connected devices, and in preliminary findings charges Google with breaking the DMA in search and apps
Dan Milmo / The Guardian:
The UK NCSC urges large entities, including energy and transport providers, to introduce “post-quantum cryptography” by 2035 to protect against quantum hackers  —  Organisations including energy and transport firms told to guard systems against powerful new computers
Anto Antony / Bloomberg:
Bakkt names ex-SoftBank rainmaker Akshay Naheta as co-CEO to help turn around the struggling US crypto trading and custody platform; BKKT is down 62%+ in 2025  —  Naheta will also be part of the company's board and will work with Andy Main, the firm's current CEO, according to a statement …
Wayne Ma / The Information:
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; one source says Apple has spent $5B+ on content since its 2019 launch  —  Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
Allison Johnson / The Verge:
Verizon says its satellite text messaging service is now available to owners of Google Pixel 9 and Samsung Galaxy S25 series smartphones at no extra charge  —  Texting via satellite comes to customers with recent Pixel and Galaxy phones starting today.
Rebekah Valentine / IGN:
A group of cross-discipline video game workers in the US and Canada announce United Videogame Workers, a direct-join industry-wide union organizing with the CWA  —  The group unveiled itself at the Game Developers Conference this week.  —  Today, a group of cross-discipline video game workers …
Tim McLaughlin / Reuters:
A look at “unannounced disconnections” from the grid by data centers, which can occur when they switch to local generators and may cause cascading grid failures  —  Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston.
Mark Bergen / Bloomberg:
How Nvidia, SK Hynix, TSMC, and ASML, with a combined $4T+ market cap, dominate the AI supply chain, each having an 80% to 100% market share in their fields  —  Since ChatGPT arrived, Nvidia and its key manufacturing partners have dominated the market for AI chips.  Will it last?

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This is a Techmeme archive page. It shows how the site appeared at 9:40 AM ET, March 20, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sara Fischer / Axios:
Source: Bari Weiss is planning to create a masthead for CBS News as part of a broader overhaul of standards and procedures

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

Winston Cho / The Hollywood Reporter:
A US judge denies WBD's bid to block Sling TV from selling short-term offerings that let users sign up for access to its bundles for as little as one day

More News

Kylie Robison / The Verge:
Andor showrunner Tony Gilroy says the Disney+ show's scripts will not be released as planned, due to fears that they could be used as AI training data

Earlier Picks

Kyle Wiggers / TechCrunch:
AI startups Intology and Autoscience submitted AI-generated studies at a conference without disclosure and face criticism of co-opting peer review for publicity
Sarah Perez / TechCrunch:
Plex is increasing Plex Pass prices for the first time in a decade and making remote playback for personal media a paid feature at $1.99/month or $19.99/year
Bloomberg:
Sources: X raised close to $1B in new equity in a deal that gives the company an enterprise value of roughly $44B; Elon Musk also participated in the raise
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