Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition we are tackling the following:

🔍 Trump says he’s negotiating with four TikTok bidders.
📊 HSBC upgrades European stocks, downgrades U.S. as it rethinks Trump optimism.
📝 Learn how to tell an amazing story in 15 minutes with Shaan Puri.
🇹🇷 Turkey backs Sharaa's stability efforts, Erdogan says amid Syrian violence.
⚡ Musk’s X experiences intermittent outages across the globe.

TECH

• Trump says he’s negotiating with four TikTok bidders

  • President Donald Trump says his administration is in talks with four different groups about the sale of TikTok, Reuters reports.

  • When asked if there was going to soon be a deal on TikTok, Trump told reporters on Sunday, “it could.”

  • He added, “We’re dealing with four different groups, and a lot of people want it … all four are good.”

• Musk’s X experiences intermittent outages across the globe

  • On March 10, 2025, Elon Musk's social media platform, X, experienced significant global outages affecting thousands of users.

  • The disruptions began around 5:30 a.m. Eastern Time, with issues persisting intermittently throughout the morning.

  • Users reported problems accessing the platform, including continuous buffering and an error message, ‘Something went wrong. Try reloading.’

• AvatarOS snags $7M seed round from M13 to build an AI-powered virtual influencer platform

  • Avataros, an AI-powered virtual influencer platform, has raised $7 million in a seed round led by M13.

  • The company plans to leverage this funding to develop and scale virtual influencers that can engage with audiences across digital platforms.

  • Avataros aims to create AI-driven personalities that blend human-like qualities with advanced machine learning for personalized experience.

BUSINESS

• HSBC upgrades European stocks, downgrades U.S. as it rethinks Trump optimism

  • HSBC upgrades European stocks to ‘Overweight’ from ‘Underweight’ and downgrades U.S. stocks to ‘Neutral’ from ‘Overweight.’

  • HSBC acknowledges that U.S. technology stocks are becoming more attractively valued, with improved earnings revisions.

  • However, the bank maintains a cautious short-term outlook due to the current geopolitical and policy uncertainties.

• Nasdaq falls nearly 4% to six-month low on growth concerns

  • U.S. stock futures declined due to ongoing tariff concerns and the potential impact of a trade war.

  • The Nasdaq experienced a significant drop, falling nearly 4%, with technology stocks like Nvidia, Apple, and Microsoft leading the declines.

  • The market's uncertainty was further reflected in the rise of the CBOE volatility index, which reached its highest point since December 2024.

• A European Starlink rival’s shares skyrocketed 390% in a week

  • Shares of Eutelsat skyrocketed almost 390% last week, and a potential change of tack in European defense has helped.

  • The firm’s stock price saw wildly volatile moves last week, up by as much as 77% on Tuesday and by another 120% on Wednesday.

  • Eutelsat’s shares continued to climb on Monday, jumping more than 22% as of 1:00 p.m. local time in Paris.

CONTENT

• Learn how to tell an amazing story in 15 minutes with Shaan Puri

  • Shaan Puri delves into storytelling techniques utilized by renowned organizations such as Pixar, Tony Robbins, and BuzzFeed.

  • He emphasizes that effective storytelling often involves making minor adjustments that can significantly alter the narrative's impact. 

  • This concept is inspired by insights from Tony Robbins, highlighting how small changes in approach can lead to substantial improvements.

• Jake Saper GP at Emergence Capital: "We sold Salesforce early and lost out on billions"

  • Jake Saper, a General Partner at Emergence Capital, shares insights on his firm's impressive track record.

  • He also shares insights on how Emergence Capital prioritizes these key factors in evaluating potential investments.

  • Jake shares his thoughts on where value will shift as AI continues to grow and three key reasons why AI is unlikely to replace Vertical SaaS.

• How to win in e-commerce this 2025 with Sean Frank

  • Sean Frank shares about his impressive journey from building a $200M e-commerce business to sharing valuable insights and scaling.

  • Sean discusses how he made his first million and the early steps in his entrepreneurial journey.

  • Sean also shares strategies for identifying and acting on trends before they become mainstream.

WORLD

• Turkey backs Sharaa's stability efforts, Erdogan says amid Syrian violence

  • Turkish President Tayyip Erdogan expressed Turkey's support for Syria's interim president, Ahmed al-Sharaa, emphasizing his efforts.

  • Erdogan highlighted Sharaa's inclusive policies and commitment to punishing those responsible for unlawful actions.

  • Turkey, which backs Sharaa, has condemned the violence and reiterated its support.

• Ukraine army chief Syrskyi says units in Kursk not encircled

  • Ukrainian Commander-in-Chief Oleksandr Syrskyi has dismissed concerns about Ukrainian forces in Russia's Kursk region.

  • Syrskyi, who is currently visiting the front lines, stated that the situation remains under control.

  • He noted that several settlements previously mentioned in Russian reports no longer exist due to destruction from Russian shelling.

• Canada will have a new prime minister and here’s what to know

  • Mark Carney has been elected leader of Canada's Liberal Party, positioning him to become the nation's next Prime Minister.

  • Carney secured a decisive 85.9% of the vote in the leadership race, succeeding Justin Trudeau.

  • With Carney at the helm, the Liberal Party is expected to call a federal election soon, facing a race against Conservative leader Pierre Poilievre.

AND MORE…

• Eric Schmidt takes over Relativity Space

  • Former Google CEO Eric Schmidt is now leading Relativity Space, replacing co-founder Tim Ellis as CEO.

  • Schmidt has invested heavily in the company, securing a controlling stake to drive its future growth.

  • Relativity is developing Terran R, a reusable heavy-lift rocket planned for launch in late 2026.

• Lego’s new Mario Kart set super-sizes Mario

  • Lego has announced a new addition to its Mario Kart collection that first debuted last August. 

  • At 12.5 inches long and 8.5 inches tall, featuring Mario in his standard racing kart from the game, is Lego’s largest Mario Kart build to date.

  • Featuring 1,972 pieces, the set also includes the largest buildable version of Mario that Lego has ever created.

• Affordable finance talent with no compromises on quality*

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• iOS 18.3.2 update coming soon for iPhones

  • Apple employees are internally testing iOS 18.3.2 for iPhones, and should be released in the next week or two.

  • iOS 18.3.2 will be a minor update that addresses software bugs and/or security vulnerabilities with no new features.

  • iOS 18.3.2 will be an interim update while iOS 18.4 remains in beta testing.