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<!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">Sources: an exec overseeing Siri told staff the delays were ugly, made worse by Apple publicly promoting the new features, and it's unclear when they </span><!--<![endif]-->
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<td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Fri, Mar 14</td>
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top news
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb5ac39c5f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: an exec overseeing Siri told staff the delays were ugly, made worse by Apple publicly promoting the new features, and it's unclear when they will ship</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Gurman / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">Apple Inc.'s top executive overseeing its Siri virtual assistant told staff … </span>
<span class="cite">(Mark Gurman / Bloomberg)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2499a64f00&e=06cea4a9e4" style="text-decoration: none;color: black;">@gerstenzang:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9d288cf8c4&e=06cea4a9e4" style="text-decoration: none;color: black;">I love the idea of Apple leaking they had an exec yell at someone as a response to John Gruber's piece.</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=39ffc67240&e=06cea4a9e4" style="text-decoration: none;color: black;">@rjonesy:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=97e9c3167f&e=06cea4a9e4" style="text-decoration: none;color: black;">My notes on the Apple Intelligence all hands meeting: - not held by JG, Tim, or Craig - AI only works 66-80% of the time (that's VERY low, the last 20% is 80% of the work, even 95% is un-shippable) So it basically didn't exist at WWDC. Ouch. - also blamed MarCom, fairly, for the tv ad - they *aim* to be ready in a year, but have doubts (...) - it'll be ready when it's ready</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=df58ebc2db&e=06cea4a9e4" style="text-decoration: none;color: black;">@markgurman:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f0d5edd1c3&e=06cea4a9e4" style="text-decoration: none;color: black;">As of now, Apple doesn't plan to immediately fire any top executives over the AI crisis. That decision could theoretically change at any time. The company is still poised to make changes. It has discussed moving more executives under Giannandrea to assist with a turnaround.</a>
</div>
</td></tr>
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<table class="clustered_items" style="border-collapse: collapse;">
<tr><td style="padding:0px 10px 0 32px;">
<ul style="padding:0px 10px 0px 0px;">
<li class="sub_item" style="margin:10px 0 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b8ce011fc9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Delaying a revamped Siri may be embarrassing for Apple, but rushing an update with half-baked features could have created a real crisis for the company</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Christoffel / </span><span class="pub_name">9to5Mac</span>)</span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8c675aaa8a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Klarna files for a US IPO, with plans to list on the NYSE under KLAR, seeking to raise at least $1B and reportedly targeting a valuation of more than $15B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">Klarna Group Plc filed publicly for a US initial public offering … </span>
<span class="cite">(Bloomberg)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dc64b41f50&e=06cea4a9e4" style="text-decoration: none;color: black;">@shenlucinda:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a9d33dafb1&e=06cea4a9e4" style="text-decoration: none;color: black;">Klarna claims AI boosted its average annual revenue per employee from $344,000 in 2022 to $821,000 in 2024.</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f4efe83a8b&e=06cea4a9e4" style="text-decoration: none;color: black;">@accessipos:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3e70f60d54&e=06cea4a9e4" style="text-decoration: none;color: black;">Recent secondary Klarna transactions indicate a valuation of $10-$12.6 billion. Talk of $15-$20 billion may be a stretch. $KLAR [image]</a>
</div>
<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=43c4e18d00&e=06cea4a9e4" style="text-decoration: none;color: black;">@pitdesi:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7797d1f662&e=06cea4a9e4" style="text-decoration: none;color: black;">Klarna filed! $2.8B revenue in 2024, up from $2.3B in 2023, profitable in 2024. Reportedly aiming to raise $1B at a $15B valuation. Raised at $45B in 2021 and $6.5B in 2022 [image]</a>
</div>
</td></tr>
</table>
<table class="clustered_items" style="border-collapse: collapse;">
<tr><td style="padding:0px 10px 0 32px;">
<ul style="padding:0px 10px 0px 0px;">
<li class="sub_item" style="margin:10px 0 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=69a2ffae5d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Klarna reports 2024 revenue up 24% YoY to $2.81B, a net profit of $21M, compared with a net loss of $244M a year ago, and 93M active consumers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Lawler / </span><span class="pub_name">Axios</span>)</span>
</li>
</ul>
</td></tr>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding-left:10px;vertical-align:top;">
<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9836c91e98&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The GSMA announces the latest RCS standard supports interoperable E2EE between platforms; Apple says it will add support for the standard in future OS updates</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jess Weatherbed / </span><span class="pub_name">The Verge</span>)</span>
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<td style="padding: 0 10px;vertical-align:top;">
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<img src="https://www.techmeme.com/250314/i6.jpg">
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<span class="excerpt">'We will add support for end-to-end encrypted RCS messages to iOS … </span>
<span class="cite">(Jess Weatherbed / The Verge)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e0e13dfa39&e=06cea4a9e4" style="text-decoration: none;color: black;">@maxwinebach:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2f5bb8f663&e=06cea4a9e4" style="text-decoration: none;color: black;">Looks like Message Un-Sending and Editing as well! [image]</a>
</div>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7c97ee2506&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google says Gemini will replace Google Assistant on Android phones in 2025, except on phones with Android 9 or earlier and that don't have at least 2GB of RAM</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Abner Li / </span><span class="pub_name">9to5Google</span>)</span>
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<table class="leading_item" style="border-collapse: collapse;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=30700b4a8f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">European authorities raided 21 addresses, arrested several people, and sealed two offices in the EU Parliament, as part of a spiraling bribery probe into Huawei</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Politico</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=501f6aa79a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: DeepSeek and its hedge fund parent, High-Flyer Capital, forbid some R&D staff from traveling abroad freely, asking them to hand in their passports</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">The Information</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5b64e7f1a0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: DeepSeek has shown little intention to further commercialize its tech in the near term, instead focusing on model development and building AGI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zijing Wu / </span><span class="pub_name">Financial Times</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a318f17126&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The UK held a hearing for Apple's legal battle with the government over providing a backdoor in its Advanced Data Protection service, without the media present</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dan Milmo / </span><span class="pub_name">The Guardian</span>)</span>
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<table class="clustered_items" style="border-collapse: collapse;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cc4cd0843c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Two activist groups launch a legal challenge against the UK's bid to force Apple to create a data “backdoor”, arguing it would breach consumers' privacy rights</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
</li>
</ul>
</td></tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9df4207204&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">White House memo: David Sacks sold $200M+ in digital asset-related investments personally and via his firm, Craft Ventures, before starting his government job</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">MacKenzie Sigalos / </span><span class="pub_name">CNBC</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=77b2935e1b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US DOJ says Russian and Israeli national Rostislav Panev, accused of being a key LockBit ransomware gang developer, was extradited from Israel to the US</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lorenzo Franceschi-Bicchierai / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
artificial intelligence
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7119d271b1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The GOP's Jim Jordan subpoenas Apple, Amazon, Meta, Microsoft, Nvidia, OpenAI, and 10 others over alleged Biden pressure to use AI to “censor lawful speech”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tina Nguyen / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5e92698bdc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SoftBank plans to buy a former Sharp LCD panel plant in Osaka for ~$676M, sources say to turn it into a data center for jointly developing AI agents with OpenAI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kate Park / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=69e9918056&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Following the EU and the US, China announces new rules requiring companies to label AI-generated material, either explicitly or via metadata, from September 1</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Debby Wu / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=49c38cd592&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">DeepSeek spurred a Chinese asset manager AI arms race that could shake up China's $10T fund management industry, as firms expand AI research and adopt DeepSeek</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
earnings
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4f7c9f2d3f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Foxconn reports Q4 net profit down 13% YoY to ~$1.41B, below ~$1.65B est. and its first quarterly drop since Q2 2023, but projects strong Q1 2025 revenue growth</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
<table class="clustered_items" style="border-collapse: collapse;">
<tr><td style="padding:0px 10px 0 32px;">
<ul style="padding:0px 10px 0px 0px;">
<li class="sub_item" style="margin:10px 0 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6e98a2d8e4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Foxconn CEO Young Liu says “the attitude and the approach” of the US government toward tariffs has become a “big headache” for companies like Apple and Amazon</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kathrin Hille / </span><span class="pub_name">Financial Times</span>)</span>
</li>
</ul>
</td></tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0522503b80&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">DocuSign reports Q4 revenue up 9% YoY to $776M, subscription revenue up 9% YoY to $758M, and net income up 206% YoY to $83.5M; DOCU closes up 14.81%</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Laya Neelakandan / </span><span class="pub_name">CNBC</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
cryptocurrency
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2e1ec46122&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A US bankruptcy court lets 3AC raise its claim against FTX from $120M to $1.53B, despite FTX's objection that it was too late; 3AC originally filed in June 2023</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Danny Park / </span><span class="pub_name">The Block</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2fdd745489&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Morgan Marquis-Boire, the once-celebrated hacker accused of sexual assaults in 2017, is the undisclosed co-founder of crypto intelligence firm Unciphered</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joseph Menn / </span><span class="pub_name">Washington Post</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0bdf27b26d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Russia is using bitcoin, ether, and stablecoins such as Tether in its oil trade with China and India to skirt Western sanctions</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
funding deals
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=402490f55b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Terabase, which is developing robots and automated systems using AI tools to rapidly build solar farms, raised a $130M Series C led by SoftBank's Vision Fund 2</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=76b800df19&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Hong Kong-based RedotPay, which aims to enable cryptocurrency use in everyday transactions, raised a $40M Series A led by Lightspeed Venture Partners</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Yohan Yun / </span><span class="pub_name">Cointelegraph</span>)</span>
</td>
</tr>
</table>
</div>
</div>
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<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
more news
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=13029c0f09&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Ubisoft explores selling a stake in a new entity holding IP like Assassin's Creed to investors including Tencent, at a higher valuation than Ubisoft</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1ab34a0e1d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Email: Amazon says Echo users won't be able to set their devices to process Alexa requests locally, as new generative AI features need processing in the cloud</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Scharon Harding / </span><span class="pub_name">Ars Technica</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4c688b1cf6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Reddit will let users hide ads from a given advertiser account from their feeds for “at least a year”; some users report seeing a daily limit for hiding ads</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Scharon Harding / </span><span class="pub_name">Ars Technica</span>)</span>
</td>
</tr>
</table>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e47fcc69e1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Block says it is expanding consumer lending through Cash App Borrow after obtaining FDIC approval to issue loans out of its subsidiary Square Financial Services</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">MacKenzie Sigalos / </span><span class="pub_name">CNBC</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=403351c00a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Streamers court YouTubers for new shows or spinoffs; sources: Amazon made $100M+ in profit on Beast Games and Netflix held talks with Dude Perfect for a series</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jessica Toonkel / </span><span class="pub_name">Wall Street Journal</span>)</span>
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