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  • Tue Mar 10

As US lawmakers struggle to pass online safety laws, LA and New Mexico juries take the lead, holding social media companies accountable for harming young users (Cecilia Kang/New York Times)

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Meituan reports Q4 revenue up 4.1% YoY to ~$13.3B and a ~$2.2B adjusted net loss, vs. ~$1.9B est., amid an intense food delivery fight with Alibaba and JD.com (Luz Ding/Bloomberg)

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OpenAI shelves its erotic chatbot "indefinitely" as it refocuses on its core products, sources say after technical issues as well as staff and investor concerns (Financial Times)

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Revolut says it aims to base ~40% of its global workforce in India by the end of 2026, increasing its local headcount to 5,500; Revolut has 12K staff globally (Haripriya Suresh/Reuters)

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Sources: Chinese chipmaker CXMT hit ~$8B in 2025 revenue, up 130% YoY, and projects ~$435M in adjusted net income, excluding one-time items, ahead of an IPO (Bloomberg)

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Melania Trump appeared alongside Figure AI's Figure 3 humanoid robot at the White House to push integrating tech into US children's educational and social lives (Katie Rogers/New York Times)

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Book excerpt: how Google acquired DeepMind for $650M in 2014, beating Facebook to the deal; Mustafa Suleyman used poker-style bluffing to secure a safety board (Sebastian Mallaby/Wall Street Journal)

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Sources: Google's top India counsel Bijoya Roy resigned after 16 months to start a new venture, a high-profile exit in a market where it faces regulatory issues (Aditya Kalra/Reuters)

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Pony AI reports 2025 revenue up 20% YoY to $90M, total annual losses down 72% YoY to $76.8M, and a $75.5M net income in Q4, marking its first profitable quarter (Bloomberg)

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The US Army selects Carlyle and KKR to build two data centers on military bases, set to cost $2B each, as its token usage rises 8x during the US' war in Iran (Steff Chávez/Financial Times)

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Uber partners with China's Pony AI and Croatia-based, Rimac-spinoff Verne to launch Europe's first commercial robotaxi service, initially debuting in Zagreb (Andrew J. Hawkins/The Verge)

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An oral history of Apple's earliest days told by people who lived it, including Steve Wozniak, Ronald Wayne, Mike Markkula, and Liza Loop, as Apple turns 50 (Harry McCracken/Fast Company)

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The $6M LA social media verdict is a win for the plaintiffs bar, not kids or society; parenting helps limit such harms, and most kids don't face severe issues (Wall Street Journal)

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How Theia, a satellite imaging startup that raised $250M+ by 2020, collapsed after the US indicted its founder and four other execs on federal fraud charges (Brent Crane/Bloomberg)

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Back-to-back jury verdicts against Meta could spur a flood of litigation against social media companies and threaten to undermine Section 230 protections (Wall Street Journal)

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The US DOJ charges a Chinese national and two Americans for allegedly trying to smuggle ~$62M worth of export-controlled A100 and H100 Nvidia chips into China (Michael Kan/PCMag)

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Deccan AI, which supplies post-training data and evaluation work, raised a $25M Series A led by A91 Partners; most of its workforce of experts is based in India (Jagmeet Singh/TechCrunch)

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Leaked memo: Meta's Reality Labs is reorganizing staff into AI-native "pods" focused on specific outcomes, flattening the organization's leadership structure (Charles Rollet/Business Insider)

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Sources: Reflection AI, which is developing open foundation models, seeks to raise $2.5B at a $25B pre-money valuation of; JPMorgan is in talks to participate (Wall Street Journal)

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Filing: Apple settled its lawsuit against former Vision Pro designer Di Liu, who agreed to return confidential documents to Apple and pay monetary damages (Chance Miller/9to5Mac)

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OpenRouter data: lower-cost Chinese AI models by groups such as DeepSeek and MiniMax have surpassed US rivals in token consumption since last month (Zijing Wu/Financial Times)

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San Francisco became a laboratory for police surveillance after early resistance; the SFPD recorded 700 drone flights in February, up from 93 in February 2025 (Cyrus Farivar/The San Francisco Standard)

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Isara, which aims to build software that can coordinate the work of thousands of AI agents, raised $94M and says OpenAI backed the startup at a $650M valuation (Berber Jin/Wall Street Journal)

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GitHub says it will use Copilot interaction data, including inputs, outputs, and code snippets, to train its AI models starting April 24, unless users opt out (Corbin Davenport/How-To Geek)

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Google sets a 2029 deadline for its post-quantum cryptography migration, aiming to "secure the quantum era" as "frontiers may be closer than they appear" (Dan Goodin/Ars Technica)

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Elon Musk's lawyers ask a Delaware judge to step back from cases involving him, after her LinkedIn account "liked" a post celebrating his defeat in a CA case (Sujeet Indap/Financial Times)

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Singapore-based Startale, developer of the Strium blockchain for tokenized securities and JPYSC and USDSC stablecoins, raised a $63M Series A from SBI and Sony (Francisco Rodrigues/CoinDesk)

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Source: Meta on Wednesday laid off around 700 employees in the Reality Labs unit, as well as some in recruiting, sales, and Facebook (Eli Tan/New York Times)

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Nintendo says new first-party games exclusive to Switch 2 will have different prices for physical and digital versions in the US, beginning in May (Andy Robinson/Video Games Chronicle)

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ARC Prize Foundation unveils ARC-AGI-3, an AI benchmark with simple video-game-like scenarios designed to measure on-the-fly reasoning rather than memory recall (Mark Sullivan/Fast Company)

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Reddit says it will label automated accounts that provide a service to users and will require accounts suspected of being bots to verify they are human (Sarah Perez/TechCrunch)

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The jury in Los Angeles' social media trial awards the plaintiff $3M in compensatory damages and $3M in punitive damages; Meta will pay 70% and YouTube 30% (New York Times)

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Social media addiction trial: a Los Angeles jury finds Meta and YouTube were negligent and failed to warn users about the dangers of using their platforms (Jonathan Vanian/CNBC)

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Google launches Lyria 3 Pro music generation model, with better creative control and allowing users to create three-minute tracks, up from Lyria 3's 30 seconds (Ivan Mehta/TechCrunch)

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Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez plan to introduce legislation to pause new data center construction until AI safeguards are in place (Maria Curi/Axios)

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Sources: cloud provider Vultr is seeking to raise $1B+ to expand its AI computing capacity, after raising $333M at a $3.5B valuation in 2024 (The Information)

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Epic Microsystems, which designs power delivery architecture for better thermal and efficiency management of AI data centers, raised a $21M Series A (Chris Metinko/Axios)

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Source: as part of its Google deal, Apple has full access to the Gemini model in its own data centers and can use distillation to produce smaller models (The Information)

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Charlotte-based Lucid Bots, which manufactures autonomous drones for cleaning windows, raised a $20M Series B co-led by Cubit and Idea Fund (Rebecca Szkutak/TechCrunch)

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Google Research details TurboQuant, a quantization algorithm to enable massive compression of LLMs and vector search engines without sacrificing accuracy (Google Research)

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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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Entries updated Apr 10, 2026 02:05:37 AM PDT

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