Techmeme

Sam Reynolds / CoinDesk:Sources: Justin Sun bailed out Techteryx's TrueUSD after $456M in reserves, managed by First Digital, became illiquid; Techteryx says it was a victim of fraud  —  Techteryx says it was the victim of what it called “large-scale…

Daniel Kuhn / The Block:FDUSD stablecoin depegs 9% after Justin Sun raises concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD  —  - Justin Sun is warning users to pull funds from First Digital Trust, a…

Maxwell Zeff / TechCrunch:Anthropic debuts a Claude for Education tier for colleges, with Learning Mode, where it asks questions to test understanding, shares templates for papers, more  —  Anthropic announced on Wednesday that it's launching a new Claude…

Matt Sledge / The Intercept:Trump pardoned BitMEX owner HDR Global Trading, which had pleaded guilty and was fined $100M for money laundering, possibly the first US pardon of a corporation  —  In what may be an American first, President Donald Trump…

Reed Albergotti / Semafor:Google replaces Sissie Hsiao, leader of its consumer AI apps, including Gemini, with Josh Woodward, who leads Google Labs and oversaw NotebookLM's launch  —  The Scoop  —  Google is replacing the leader of its consumer AI apps…

New York Times:Sources: Amazon has put in a bid to acquire all of TikTok, but various parties involved do not appear to be taking it seriously, ahead of the April 5 deadline  —  The e-commerce giant put in a last-minute offer for the popular video app,…

New York Times:A profile of Larry Ellison, now 80 years old with a $175B fortune, as Oracle bids for TikTok US and he puts up most of his son David's $8B bid to buy Paramount  —  For decades, Larry Ellison reveled in being the Silicon Valley executive who…

Emma Roth / The Verge:Nintendo says Switch 2 preorder buyers will need 50+ hours of original Switch gameplay, an anti-scalper mechanism  —  You can purchase a Switch 2 directly from Nintendo, but only if you have at least 50 hours of gameplay on the…

Rachael Bade / Politico:Sources: President Trump told his inner circle, including Cabinet members, that Elon Musk will step back in the coming weeks; Trump remains pleased with DOGE  —  The president is pleased with Musk but the decision comes as the tech…

Eric Newcomer / Newcomer:A sworn Irish affidavit: Keith O'Brien, who allegedly spied for Deel while working at Rippling, says Deel paid him and he coordinated with Deel CEO Alex Bouaziz  —  Read the stunning affidavit from Keith O'Brien, the alleged Deel…

Qianer Liu / The Information:Sources: ByteDance, Alibaba, Tencent, and other Chinese companies placed $16B+ in orders for Nvidia's H20 chips in Q1 2025, ahead of a potential US sales ban  —  Chinese companies including ByteDance, Alibaba Group and Tencent…

The Verge:Nintendo says the Switch 2 will cost $450 for the console or $500 for a Mario Kart World bundle on its June 5 launch; preorders in North America open on April 9  —  Nintendo is finally sharing some real details about its next console. … After a…

The Verge:Nintendo unveils the Switch 2 Camera, a camera accessory with a stand, designed to sit next to a TV for video chats, launching on June 5 alongside the Switch 2  —  The Switch 2 Camera will let you see your friends while you play games. ……

Dean Takahashi / VentureBeat:Nintendo says it will add Nintendo GameCube games to the library of titles playable on the Switch 2, including The Legend of Zelda: The Wind Waker from 2002  —  Nintendo announced that it will add playable Nintendo GameCube…

Nathan Ingraham / Engadget:Nintendo says the Switch 2 Joy-Con controllers have a C button for GameChat, which uses the console's built-in mic, and the Switch 2 uses microSD Express cards  —  The console arrives on June 5, and a new Mario Kart game will be…