Tuesday, March 4, 2025

Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg:
Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce  —  The US government office responsible for a marquee $52 billion chip subsidy program will lose about two-fifths of its staff …



Nothing unveils the $379 Phone 3A and $459 3A Pro, both with 6.77" displays, Snapdragon 7s Gen 3, and new AI tools to help organize files, shipping this month (Allison Johnson/The Verge)

Allison Johnson / The Verge:
Nothing unveils the $379 Phone 3A and $459 3A Pro, both with 6.77" displays, Snapdragon 7s Gen 3, and new AI tools to help organize files, shipping this month  —  Because of course there's AI. … The Nothing 3A phones were just announced with a new take on the company's “make tech more fun again” ethos.



Bybit CEO Ben Zhou says 77%+ of the funds stolen remain traceable, including 417,348 ETH, and 20% have "gone dark"; the hackers converted 83% of the ETH to BTC (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Bybit CEO Ben Zhou says 77%+ of the funds stolen remain traceable, including 417,348 ETH, and 20% have “gone dark”; the hackers converted 83% of the ETH to BTC  —  Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.



TSMC's US investment is a win-win; dropping one advanced node protects its interests, while an advanced packaging plant and R&D center boost US chip prowess (Ming-Chi Kuo)

Ming-Chi Kuo:
TSMC's US investment is a win-win; dropping one advanced node protects its interests, while an advanced packaging plant and R&D center boost US chip prowess  —  TSMC's newly announced US investment plan, unveiled on March 4, 2025, differs from the original by adding $100 billion …



Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat (Financial Times)

Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...