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Techmeme
April 2, 2025, 4:35 AM
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Top News

John Hudson / Washington Post:
Sources: White House National Security Advisor Michael Waltz and other NSC members have conducted government affairs over personal Gmail accounts  —  Trump's national security adviser is trying to manage his way out of a crisis.  But new revelations about his team's operational security are piling up in the inbox.
CNBC:
Circle files for a US IPO, with plans to list on the NYSE under CRCL; Circle, which issues the USDC stablecoin, is reportedly seeking a $4B to $5B valuation  —  Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange.
Mark Gurman / Bloomberg:
Sources: Meta is ramping up work on its first glasses with a display, codenamed Hypernova, which it could debut as early as the end of 2025 for $1,000 to $1,400  —  The company intends to introduce its first glasses with a screen as early as the end of this year — a product it sees …
Adrian Zmudzinski / Cointelegraph:
Bybit shutters its NFT marketplace, following a similar decision by NFT marketplace X2Y2; Token Terminal: daily NFT trading volume has dropped 70% YoY to $5.34M  —  Bybit is shutting down its NFT and inscription marketplaces on April 8, 2025, as part of a broader strategy to streamline its offerings amid declining market interest.
Bloomberg:
Sources: AI coding startup Replit is in talks with investors to raise about $200M at a $3B valuation, almost triple its last valuation  —  The new funding round would bring in about $200 million, one of the people said.  —  Replit did not respond to requests for comment.
CJ Haddad / CNBC:
Chef Robotics, which develops AI-powered robotic meal assembly systems, raised a $20.6M Series A led by Avataar Ventures, and an additional $22.5M in debt  —  As the food service industry continues to struggle with labor shortages, a Silicon Valley startup has put together artificially-intelligent robots that are ready to clock in.
Alexander Maxham / Android Headlines:
Leaked Google Pixel 10 Pro Fold renders show a design similar to its predecessor; sources: the 10 Pro Fold will feature a TSMC-made Tensor G5 chip and 16GB RAM  —  Update: We've updated this article with the dimensions of the Pixel 10 Pro Fold. … After having released renders of the Google Pixel 10 …
Cheng Ting-Fang / Nikkei Asia:
UMC, Taiwan's second-largest chipmaker, opened a $5B plant in Singapore featuring 22nm and 28nm manufacturing technology; mass production won't start until 2026  —  TAIPEI — Taiwan's second-largest chipmaker, United Microelectronics Corp., on Tuesday opened a $5 billion plant that it describes as the …
Clive Cookson / Financial Times:
Researchers detail a new AI-powered Probability of Fire model, which they say could outperform the conventional danger forecasts used by wildfire trackers  —  New model takes into account weather forecasts as well as other factors such as levels of flammable vegetation and human activity
More: Nature

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From Mediagazer

Reuters:
A US federal judge orders the Trump administration to lift its White House ban on CNN, MS NOW, and Politico for 14 days, calling it likely unconstitutional

Jessica Toonkel / Wall Street Journal:
Barry Diller withdraws People's bid to buy the stake in MGM Resorts it didn't already own, in a deal valuing the company at ~$12.4B; People holds ~27% of MGM

Hannah Fingerhut / Associated Press:
An Iowa judge dismisses Trump's lawsuit accusing The Des Moines Register and pollster J. Ann Selzer of misrepresenting the state of the 2024 presidential race

More News

Jake Kanter / Deadline:
YouTube suspends two major fake movie trailer channels from its partner program, after a report on how the AI-heavy trailers generated millions in ad revenue
Financial Times:
Sources: a16z is in talks to join the Oracle-led frontrunner bid for TikTok's US arm, after being approached along with Blackstone Group and others
Ufonobong Umanah / Bloomberg Law:
A US judge rules Arkansas' Social Media Safety Act, which requires minors have parental permission before creating social media accounts, infringes on 1A rights

Earlier Picks

Kurt Wagner / Bloomberg:
Meta VP of AI Research Joelle Pineau says she plans to leave in May 2025 after eight years; she has led the FAIR group since early 2023 and reports to Chris Cox
New York Times:
Xiaomi says it is cooperating with a Chinese police investigation into a fatal crash involving its EV while the driver was using its autonomous driving features
The Information:
OpenAI says ChatGPT has hit 20M paid subscribers, up from 15.5M at the end of 2024, suggesting the startup is making $415M+ in revenue per month, or $5B/year
Kendra Barnett / Adweek:
Google is bringing its immersive Rewarded Video ads to Roblox, letting users watch ads in exchange for in-game benefits like virtual currency or power-ups
Jess Weatherbed / The Verge:
Google rolls out a new Gmail encryption model for enterprises in beta that doesn't require senders or recipients to use custom software or exchange certificates
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