Techmeme Headlines
Today Wednesday, 23rd April 2025 Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in ma Wed, 23 Apr Sources: Cantor's Brandon Lutnick, son of the US commerce secretary, seeks to form a $3B BTC acquisition vehicle with SoftBank, Tether, and Bitfinex a Wed, 23 Apr Source: Intel is set to announce plans this week to cut 20%+ of its staff, its first major restructuring under Lip-Bu Tan; it had 108,900 workers in D Wed, 23 Apr Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says Wed, 23 Apr WBD rolls out a $7.99/month Extra Member Add-On for US Max subscribers, about two years after Netflix made a similar move to crack down on password sh Wed, 23 Apr SAP reports Q1 cloud revenue up 26% YoY to €4.99B, vs. €5.05B est., and adjusted operating income up 58% to €2.5B, beating estimates; S Wed, 23 Apr Boeing agrees to sell parts of its digital aviation unit, including software maker Jeppesen and navigation app ForeFlight, to Thoma Bravo for $10.55B Wed, 23 Apr Instagram launches Edits, a “video creation app designed for creators” intended to rival ByteDance's CapCut app, for free on iOS and Andro Wed, 23 Apr US v. Google: OpenAI's ChatGPT chief, Nick Turley, says the company would be interested in buying Chrome from Google if a federal court orders it to b Wed, 23 Apr Supabase, an open-source alternative to Google's Firebase that's used by 2M+ developers, raises $200M Series D at $2B valuation Wed, 23 Apr The Washington Post partners with OpenAI to make its content “more accessible” in ChatGPT; OpenAI says it now has similar deals with 20+ o Wed, 23 Apr Apple drops “available now” from an Apple Intelligence page featuring an AI-supercharged Siri and removes a Siri-related video, after the Wed, 23 Apr FTC v. Meta: Instagram co-founder Kevin Systrom testifies that “Mark was not investing in Instagram because he believed we were a threat to thei Wed, 23 Apr In a reversal, Google says it won't roll out a new standalone third-party Chrome cookie prompt, meaning adtech companies can keep using related target Wed, 23 Apr Sources: Apple's new Siri engineering chief Mike Rockwell is replacing much of Siri's leadership with top Vision Pro software execs, and is restructur Wed, 23 Apr DOJ v. Google: a Google VP says the company pays Samsung an “enormous sum of money” every month to preinstall Gemini on its devices as par Wed, 23 Apr Global PC shipments rose 6.7% YoY in Q1 2025 driven by anticipation of US tariffs and growing adoption of AI PCs; Apple rose 17% YoY and Lenovo jumped Wed, 23 Apr Several VCs say they fear Trump's tariffs could slow down tech investments, further decelerate the market for IPOs, and put some tech startups out of Wed, 23 Apr Docs: in July 2024, Amazon set up Project Greenland to manage and optimize GPU allocation across its retail unit; Amazon says it now has “ample& Wed, 23 Apr Manychat, which offers social messaging tools for brands, raised a $140M Series B led by Summit, after an $18M Series A in 2019, and says it has ~1.5M Wed, 23 Apr Sources: the US plans to push India to give Amazon, Walmart, and other US online retailers full access to its $125B e-commerce market, as part of tari Wed, 23 Apr A draft executive order sent to US agencies shows the Trump administration is considering issuing an order to create a policy integrating AI into K-12 Wed, 23 Apr A survey of US teens and parents: 48% of teens say social media harms people their age, up from 32% in 2022, and girls' experiences skew more negative Wed, 23 Apr Duolingo plans to add a chess course, which uses short puzzles to help learn the game, in beta on iOS in English in the coming weeks before an Android Wed, 23 Apr Google rolls out opt-in Sensitive Content Warnings in Messages to blur nude images on Android; the System SafetyCore-powered content classification is Wed, 23 Apr Crypto casinos rival traditional betting groups in scale despite being illegal in most countries, with $81.4B in gross gaming revenue in 2024, up 5x s Wed, 23 Apr Q&A with Verizon Consumer CEO Sowmyanarayan Sampath on why net neutrality “has gone literally nowhere”, owning Yahoo, the FCC's probes Wed, 23 Apr Microsoft has improved Recall, but biometrics are only required for setup and users can open it with just a PIN, and sensitive data filtering is unrel Tue, 22 Apr Sources: Circle, BitGo, and other firms plan to apply for bank charters or licenses, as the Trump administration pushes to bring crypto into mainstrea Tue, 22 Apr Sources: Huawei plans mass shipments of its 910C chip, which combines two 910B chips and is comparable to Nvidia's H100, to Chinese customers as early Tue, 22 Apr
Today Wednesday, 23rd April 2025 Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in ma Wed, 23 Apr Sources: Cantor's Brandon Lutnick, son of the US commerce secretary, seeks to form a $3B BTC acquisition vehicle with SoftBank, Tether, and Bitfinex a Wed, 23 Apr Source: Intel is set to announce plans this week to cut 20%+ of its staff, its first major restructuring under Lip-Bu Tan; it had 108,900 workers in D Wed, 23 Apr Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says Wed, 23 Apr WBD rolls out a $7.99/month Extra Member Add-On for US Max subscribers, about two years after Netflix made a similar move to crack down on password sh Wed, 23 Apr SAP reports Q1 cloud revenue up 26% YoY to €4.99B, vs. €5.05B est., and adjusted operating income up 58% to €2.5B, beating estimates; S Wed, 23 Apr Boeing agrees to sell parts of its digital aviation unit, including software maker Jeppesen and navigation app ForeFlight, to Thoma Bravo for $10.55B Wed, 23 Apr Instagram launches Edits, a “video creation app designed for creators” intended to rival ByteDance's CapCut app, for free on iOS and Andro Wed, 23 Apr US v. Google: OpenAI's ChatGPT chief, Nick Turley, says the company would be interested in buying Chrome from Google if a federal court orders it to b Wed, 23 Apr Supabase, an open-source alternative to Google's Firebase that's used by 2M+ developers, raises $200M Series D at $2B valuation Wed, 23 Apr The Washington Post partners with OpenAI to make its content “more accessible” in ChatGPT; OpenAI says it now has similar deals with 20+ o Wed, 23 Apr Apple drops “available now” from an Apple Intelligence page featuring an AI-supercharged Siri and removes a Siri-related video, after the Wed, 23 Apr FTC v. Meta: Instagram co-founder Kevin Systrom testifies that “Mark was not investing in Instagram because he believed we were a threat to thei Wed, 23 Apr In a reversal, Google says it won't roll out a new standalone third-party Chrome cookie prompt, meaning adtech companies can keep using related target Wed, 23 Apr Sources: Apple's new Siri engineering chief Mike Rockwell is replacing much of Siri's leadership with top Vision Pro software execs, and is restructur Wed, 23 Apr DOJ v. Google: a Google VP says the company pays Samsung an “enormous sum of money” every month to preinstall Gemini on its devices as par Wed, 23 Apr Global PC shipments rose 6.7% YoY in Q1 2025 driven by anticipation of US tariffs and growing adoption of AI PCs; Apple rose 17% YoY and Lenovo jumped Wed, 23 Apr Several VCs say they fear Trump's tariffs could slow down tech investments, further decelerate the market for IPOs, and put some tech startups out of Wed, 23 Apr Docs: in July 2024, Amazon set up Project Greenland to manage and optimize GPU allocation across its retail unit; Amazon says it now has “ample& Wed, 23 Apr Manychat, which offers social messaging tools for brands, raised a $140M Series B led by Summit, after an $18M Series A in 2019, and says it has ~1.5M Wed, 23 Apr Sources: the US plans to push India to give Amazon, Walmart, and other US online retailers full access to its $125B e-commerce market, as part of tari Wed, 23 Apr A draft executive order sent to US agencies shows the Trump administration is considering issuing an order to create a policy integrating AI into K-12 Wed, 23 Apr A survey of US teens and parents: 48% of teens say social media harms people their age, up from 32% in 2022, and girls' experiences skew more negative Wed, 23 Apr Duolingo plans to add a chess course, which uses short puzzles to help learn the game, in beta on iOS in English in the coming weeks before an Android Wed, 23 Apr Google rolls out opt-in Sensitive Content Warnings in Messages to blur nude images on Android; the System SafetyCore-powered content classification is Wed, 23 Apr Crypto casinos rival traditional betting groups in scale despite being illegal in most countries, with $81.4B in gross gaming revenue in 2024, up 5x s Wed, 23 Apr Q&A with Verizon Consumer CEO Sowmyanarayan Sampath on why net neutrality “has gone literally nowhere”, owning Yahoo, the FCC's probes Wed, 23 Apr Microsoft has improved Recall, but biometrics are only required for setup and users can open it with just a PIN, and sensitive data filtering is unrel Tue, 22 Apr Sources: Circle, BitGo, and other firms plan to apply for bank charters or licenses, as the Trump administration pushes to bring crypto into mainstrea Tue, 22 Apr Sources: Huawei plans mass shipments of its 910C chip, which combines two 910B chips and is comparable to Nvidia's H100, to Chinese customers as early Tue, 22 Apr