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  • Wed Feb 25

SCOTUS rules unanimously that Cox could not be held liable for the piracy of thousands of songs online, after music labels sued the internet provider in 2018 (Ann E. Marimow/New York Times)

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Glimpse, which uses AI agents to let 200+ brands automate financial deduction processes, raised a $35M Series A led by a16z, bringing its total raised to $52M (Dominic-Madori Davis/TechCrunch)

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Notch, which is developing an OS designed for high-compliance sectors, raised a $30M Series A led by Headline, after pivoting from being a specialty insurer (Duncan Riley/SiliconANGLE)

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Elon Musk says X will "pause" new creator monetization rules that would base payouts on engagement from a user's local audience, after criticism from creators (Ivan Mehta/TechCrunch)

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Meta confirms plans to lay off staff; sources say the cuts impact a few hundred people; a source says across Reality Labs, social media, recruiting, and sales (Jyoti Mann/The Information)

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Normal Computing, which uses AI to help chip companies design chips more efficiently, raised $50M led by Samsung Catalyst and says it has 5+ top chip clients (Sharon Goldman/Fortune)

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Legal AI company Harvey raised $200M led by GIC and Sequoia at an $11B valuation, up from $8B in December 2025, and reports 100K+ users at 1,300+ organizations (Ashley Capoot/CNBC)

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Sources: AI science startup Periodic Labs, founded by ex-OpenAI VP Liam Fedus and DeepMind's Ekin Cubuk, aims to raise hundreds of millions at a ~$7B valuation (Bloomberg)

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President Trump names Mark Zuckerberg, Larry Ellison, Jensen Huang, and others to the Council of Advisors on Science and Technology, co-chaired by David Sacks (Wall Street Journal)

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Apple rolls out mandatory UK age verification with iOS 26.4, requiring users to provide a credit card or ID, a first in Europe, after UK government pressure (Tim Bradshaw/Financial Times)

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Temu owner PDD reports Q4 revenue up 12% YoY to ~$18B and net profit down 11% YoY to ~$3.56B, below ~$4B est., as it seeks to retain merchants on its platform (Tracy Qu/Wall Street Journal)

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AI note taking startup Granola raised $125M led by Index Ventures at a $1.5B valuation, and plans Claude integrations and agentic AI features in the next year (Rebecca Torrence/Bloomberg)

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Memo: Mark Zuckerberg debuts Meta Small Business, a company-wide priority to support entrepreneurship and drive AI use, led by Dina Powell McCormick and others (Axios)

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Q&A with Arm CEO Rene Haas on changing Arm's culture, working with Arm owner SoftBank, developing Arm's AGI CPU data center chip fabricated by TSMC, and more (Lauren Goode/Wired)

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Kansas-based NoTraffic, which uses AI-driven operating systems and sensor data to optimize intersection traffic flow, raised a $90M Series C led by PSG Equity (Chris Metinko/Axios)

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Chinese AI company Kuaishou reports Q4 revenue up 12% YoY to ~$5.7B, meeting est., adjusted net income up 16% YoY, and Kling text-to-video revenue of ~$49M (Rachel Yeo/Bloomberg)

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X says it is updating its revenue-sharing incentives to give more weight to engagement from a user's home region, hoping to "disincentivize" gaming US attention (Mariella Moon/Engadget)

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How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (Ryan Gallagher/Bloomberg)

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US digital rights group Holistic Resilience launched Mahsa Alert to provide Iranians with offline mapping and strike notifications, hitting 100K DAUs in days (Wired)

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OpenAI hires Kiran Mani, the CEO of Indian streaming platform JioStar, for a newly created role leading its Asia-Pacific operations, reporting to CSO Jason Kwon (Newley Purnell/Bloomberg)

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EQT and McKinsey study: between 2014 and 2025, European tech companies with a current combined value of ~$1.4T listed abroad or were acquired by foreign buyers (Bloomberg)

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Memo: Sam Altman says OpenAI's next model finished pretraining, and moves Safety to Research and Security to Scaling; Fidji Simo becomes CEO of "AGI Deployment" (Alex Heath/Sources)

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How AI is helping geologists identify thousands of slopes around the world at high risk of slipping by analyzing data from satellites and ground-based sensors (Chris Baraniuk/BBC)

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Large US corporations are not ditching core business software for AI yet, instead seeking better vendor deals and "vibe-coding" smaller apps and customizations (Belle Lin/Wall Street Journal)

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Sources: worsening supply constraints in CPUs made by Intel and AMD add a fresh blow to PC and server makers already hit by a severe memory chip shortage (Nikkei Asia)

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Sources: China bars Manus co-founders Xiao Hong and Ji Yichao from leaving the country as it reviews whether Meta's $2B acquisition of Manus violates FDI rules (Financial Times)

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The Trump administration settles the 2022 Murthy v. Missouri case, preventing the Surgeon General, CDC, and CISA from pressuring social media to suppress speech (Mike Scarcella/Reuters)

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Filing: Meta offers top executives stock options for the first time since its 2012 IPO to retain talent, if it hits stock-price milestones in the coming years (Kurt Wagner/Bloomberg)

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Amity, a Thailand-based startup that provides generative AI tools to businesses like retail and telecom, raised $100M in a Series D as it plans for a 2027 IPO (Olivia Poh/Bloomberg)

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Neal Stephenson says he no longer believes head-mounted displays are the future, citing public discomfort with the devices and a general distrust of the users (Neal Stephenson/Graphomane)

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Sources: some Sora team members were surprised by OpenAI's sudden decision to end Sora support, just a day after OpenAI posted a blog on Sora safety standards (Reuters)

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Source: Meta's rollout of Meta Ray-Ban Display in the EU has been hampered by regulations on AI features and removable batteries, as well as supply constraints (Bloomberg)

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Source: SpaceX is aiming to file its IPO prospectus with regulators later this week or next week, and could try to raise more than $75B (The Information)

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Spotify is beta testing Artist Profile Protection, allowing artists to review releases before they go live to prevent AI tracks from being attributed to them (Aisha Malik/TechCrunch)

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SK Hynix has submitted a confidential filing to the SEC for a possible listing of American depositary receipts in 2026; it reportedly considers raising ~$10B (Reuters)

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Meta announces new shopping and ad features, including affiliate marketing tools for Instagram and Facebook creators and a "buy now" button for Facebook ads (Sydney Bradley/Business Insider)

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A US judge dismisses a lawsuit against Meta by Attaullah Baig, former head of cybersecurity at WhatsApp, who alleged Meta ignored critical security flaws (Carly Nairn/Courthouse News Service)

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Databricks launches Lakewatch, a security information and event management service, and announces acquisitions of security startups Antimatter and SiftD (Jordan Novet/CNBC)

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Sources: Anduril, Palantir, and Scale AI are part of the group developing software to run President Trump's planned $185B Golden Dome antimissile shield (Drew FitzGerald/Wall Street Journal)

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OpenAI CFO Sarah Friar says OpenAI is raising an additional $10B from a16z, D.E. Shaw, MGX, TPG, and others, bringing its record fundraise to "north of $120B" (Morgan Chittum/CNBC)

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Arm CEO Rene Haas projects $25B in revenue in 2031, up from $4B in 2025, including $15B from sales of Arm's first in-house chip; ARM jumps 6%+ after hours (Katie Tarasov/CNBC)

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At a hearing, a US federal judge says the Pentagon's treatment of Anthropic is "troubling" and that "it looks like an attempt to cripple Anthropic" (Maria Curi/Axios)

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Disney ends its partnership with OpenAI, signed in December 2025, in which it pledged to invest $1B and agreed to license some characters to Sora (Todd Spangler/Variety)

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A New Mexico jury finds that Meta violated state laws by failing to safeguard its platforms from child predators and orders it to pay $375M in damages (Jonathan Vanian/CNBC)

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Arm says its AGI CPU offers up to 136 Neoverse V3 cores, 6GB/s memory bandwidth per core, and more than 2x performance per rack compared with x86 systems (VideoCardz.com)

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Sam Altman told staff he has ceded oversight of OpenAI's safety and security teams to focus on fundraising, supply chains, and building data centers at scale (The Information)

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OpenAI plans to discontinue products that use its Sora models, including its consumer app, a Sora version for developers, and a video feature inside ChatGPT (Berber Jin/Wall Street Journal)

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Two versions of LiteLLM, an interface for accessing LLMs, have been removed from PyPI after a supply chain attack injected them with credential-stealing code (Thomas Claburn/The Register)

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Amazon acquired New York-based Fauna Robotics, which is developing a human-like, 42-inch tall robot that can interact with people, walk, grip items, and dance (Mark Gurman/Bloomberg)

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Baltimore sues xAI, accusing it of violating consumer protection laws and engaging in deceptive trade practices by marketing Grok as generally safe (Lora Kolodny/CNBC)

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Entries updated Mar 27, 2026 04:50:37 PM PDT

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