Dwayne
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Crypto.com CEO Kris Marszalek says the company cut ~12% of its workforce, or ~180 roles, saying the layoffs target roles that "do not adapt" as it integrates AI (Brian Danga/The Block)
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DHL Supply Chain says it will open 10 warehouses in 2026 across North America to serve data center operators and component suppliers, totaling 7M+ square feet (Liz Young/Wall Street Journal)
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Ofcom fines 4chan £520K for OSA violations, including £450K for not complying with age check requirements, and gives it until April 2 to implement age assurance (Mizy Clifton/Politico)
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The UN-backed World Happiness Report says passively consuming algorithmic social media hurts teens' mental health and heavy use disproportionately affects girls (Kati Pohjanpalo/Bloomberg)
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TechInsights: chip manufacturing emissions will climb ~33% to 247M metric tons of carbon dioxide equivalent by 2030, roughly the same as Algeria's 2024 volume (Aaron Clark/Bloomberg)
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Alibaba reports Q3 revenue up 2% YoY ~$41.3B, vs. ~$42B est., and net income down 67% YoY to ~$2.4B, as it seeks to monetize AI to help offset e-commerce losses (Bloomberg)
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An analysis of a NYT article load finds 422 network requests totaling 49MB, triggering a sprawling programmatic ad auction, an example of "hostile architecture" (Shubham Bose)
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CISA warns US companies to follow Microsoft's recommendations for fortifying Intune, a tool that manages staff access, after a cyberattack on Stryker last week (Margi Murphy/Bloomberg)
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Filing: Samsung says it plans to spend ~$73.3B on capital expenditure and research in 2026, up from ~$60B in 2025, and pay ~$6.5B in regular dividends (Reuters)
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Sources: European chip importers are tapping backup stores and paying higher air freight costs as the US-led Iran war disrupts Middle Eastern cargo routes (Kai Nicol-Schwarz/CNBC)
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Paris-based Parallel, which develops AI agents for hospitals and is initially focused on medical coding workflows, raised a $20M Series A led by Index Ventures (Tamara Djurickovic/Tech.eu)
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Edra, which says it helps companies automate workflows by turning their operational data into a living knowledge base, raised a $30M Series A led by Sequoia (Connie Loizos/TechCrunch)
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Chinese cities are offering free apartments and office space to attract and incubate "one-person companies", startups run by a single founder with AI's help (Viola Zhou/Rest of World)
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Meta CTO Andrew Bosworth says Horizon Worlds will remain in VR for the "foreseeable future", after Meta said Quest headset users will lose access from June 15 (Janko Roettgers/Lowpass)
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Source: Fal, a GenAI model hosting service, is in talks to raise $300M-$350M at an $8B valuation; annualized revenue hits $400M, up from $200M in October 2025 (Katie Roof/The Information)
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Chip industry executives say chip testing companies are racing to meet AI chip demand; Advantest, Teradyne, and Chroma shares more than tripled in the past year (Cheng Ting-Fang/Nikkei Asia)
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PwC's US boss Paul Griggs says partners who resist AI have no place at the firm, and it plans to convert some services into AI-powered automated tools (Stephen Foley/Financial Times)
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Baidu joins Alibaba in raising prices for its AI computing power-related services by ~5% to 30% and its parallel file storage system by 30% from April 18 (South China Morning Post)
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Sen. Marsha Blackburn releases a Senate draft of the TRUMP AMERICA AI Act, a federal framework to replace state AI laws, incorporating KOSA and the NO FAKES Act (Oma Seddiq/Bloomberg Law)
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Figma's stock closed down ~8% on March 18 after Google updated its Stitch AI coding tool for UI design; FIG is down ~80% since the company's IPO in August 2025 (John Wang/@j0hnwang)
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