Techmeme
April 1, 2025, 6:15 PM

Top News

CNBC:
Circle files for an IPO, with plans to list on the NYSE; Circle is reportedly seeking a valuation between $4B and $5B  —  Circle, the company behind the USDC stablecoin, has filed for an initial public offering and plans to list on the New York Stock Exchange.
The Information:
OpenAI says ChatGPT has hit 20M paid subscribers, up from 15.5M at the end of 2024, suggesting the company is making at least $415M in monthly revenue  —  Before today's main column about the AI attention war between OpenAI and Google, there's OpenAI news from my colleague Natasha …
Ivan Mehta / TechCrunch:
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  —  Venture capital group could join last-gasp bid by allies of Donald Trump to take control of video app owned by ByteDance
Kurt Wagner / Bloomberg:
Meta VP of AI Research Joelle Pineau says she plans to leave in May 2025 after nearly eight years; she has led the FAIR group since early 2023  —  Joelle Pineau, the VP running Meta's FAIR group, to depart company in May  —  Meta Platforms Inc.'s head of artificial intelligence research plans …
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  —  Advertisers can buy Rewarded Video ads on Roblox via Google Ad Manager, the company announced Tuesday
Mark Gurman / Bloomberg:
Sources: Meta is ramping up work on its first AR glasses with a display, which could be introduced as early as the end of 2025 and cost between $1K and $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 …
More: Gizmodo, UploadVR, ZDNET, and Social Media Today
Threads: @markgurman and @jw
X: @dylanmcd8 and @markgurmanForums: r/OculusQuest
John Hudson / Washington Post:
Sources: WH national security adviser Michael Waltz and other National Security Council 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.
Wall Street Journal:
Sources: in recent weeks, Meta executives including Mark Zuckerberg have pressed US trade officials to oppose an impending EU fine and cease-and-desist order  —  Facebook owner presses trade officials to push back against European law that could undermine its ad business
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  —  The beta feature for enterprise accounts allows Gmail users to simply toggle encryption for external emails.
Kyle Wiggers / TechCrunch:
Similarweb: Gemini's web app had 10.9M average daily visits in March, up 7.4% MoM; Sensor Tower: Claude and Gemini saw activity jump after flagship model debuts  —  OpenAI's ChatGPT may be the world's most popular chatbot app.  But rival services are gaining, according to data from analytics firms Similarweb and Sensor Tower.
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  —  Arkansas' youth-focused Social Media Safety Act infringes on the First Amendment rights of internet users and is unconstitutionally vague …
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  —  The Google-owned video-hosting giant has turned off ad revenue on Screen Culture and KH Studio trailers after a Deadline investigation chronicled …
Bloomberg:
With the Switch 2, Nintendo must do what it has rarely done before: follow one hit console with another; Nintendo sold 150M+ Switch units since its 2017 launch  —  The Japanese gaming giant is about to release its latest console.  The stakes have never been higher to end the boom-bust cycle that's plagued the company for years.
Financial Times:
Current and former Google DeepMind scientists say a tougher vetting process and more bureaucracy at the Google AI arm have made it harder to publish AI research  —  Google's AI arm led by Demis Hassabis makes it harder for its researchers to publish studies in major change in approach
Aisha Malik / TechCrunch:
TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8, directing users to Lemon8, a similar ByteDance-owned app  —  TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8.  The photo-sharing app launched in testing in Canada, Australia, and Vietnam last year.
TELUS Digital:
See how your customer experience priorities compare  —  TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing.  Get the results.  No form fill required!
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New York Times:
Xiaomi says it is cooperating with a Chinese police probe into a fatal crash by a car using its autonomous features; its stock is down 10%+ over the past week  —  A popular electric vehicle made by the Chinese consumer electronics giant Xiaomi crashed into a concrete guardrail while deploying its autonomous driving feature.

Sponsor Posts

TELUS Digital:
See how your customer experience priorities compare  —  TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing.  Get the results.  No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Back your gut feeling with behavioral assessments  —  Imagine someone gives you a mystery box.  What's the first thing you'd do?  You'd likely assess the box and try to predict what is inside.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

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