• Canal+, ITV, Sky, and other broadcasters urge the EU to designate smart TV operating systems such as Android TV and Amazon Fire OS as gatekeepers under the DMA (Foo Yun Chee/Reuters)
• London-based luxury ride-hailing app Wheely launches in NYC, aiming to compete with Uber Elite; Wheely reports ~1,250 corporate accounts and ~100K active riders (Natalie Lung/Bloomberg)
• Sources: OpenAI is offering private equity firms a guaranteed minimum return of 17.5% and early access to new models to secure JVs, beating Anthropic's terms (Reuters)
• Sources: EA is selling a $15B debt package to fund its $55B take-private deal led by Saudi Arabia's PIF, including nearly $700M in projected annual cost savings (Bloomberg)
• Leonid Radvinsky, the reclusive billionaire owner of OnlyFans parent company Fenix, died at 43 from cancer; he acquired a majority stake in OnlyFans in 2018 (Olivia Solon/Bloomberg)
• OpenAI hires Dave Dugan, a former top ad executive at Meta, to lead ad sales, reporting to COO Brad Lightcap; Dugan stepped down as a Meta VP earlier in March (Suzanne Vranica/Wall Street Journal)
• AI chip company Kandou AI raised $225M from SoftBank, Synopsys, and others at a $400M valuation after pivoting from consumer hardware to AI infrastructure (Nino Paoli/Bloomberg)
• Senators Adam Schiff and John Curtis introduce bipartisan legislation to ban sports betting on CFTC-regulated prediction markets, such as Kalshi and Polymarket (Krystal Hur/Wall Street Journal)
• Sources: Sony is nearing an agreement to sell a 51% stake in its home entertainment business to Chinese rival TCL for ~$1B, to be announced as soon as in March (Bloomberg)
• Addison Lee CEO Liam Griffin says London cab drivers should be protected via "a minimum price" on Waymo's and Tesla's robotaxis to prevent "predatory pricing" (Financial Times)
• NYC-based Dash0, which offers AI agents to monitor and troubleshoot cloud, app, and infrastructure issues, raised $110M led by Balderton at a $1B valuation (Yazhou Sun/Bloomberg)
• The EC's EU Inc. proposal is a missed opportunity, leaving national courts to interpret corporate rules, and it seems like Brussels has pre-emptively aimed low (Martin Sandbu/Financial Times)
• South Korean AI startup Upstage says it is in talks to acquire 10K AMD MI355 chips, in a bid to "diversify to other chips" as "we have a lot of Nvidia chips" (Bloomberg)
• Singapore-based Grab agrees to buy Delivery Hero's Foodpanda operations in Taiwan for $600M in cash, its first foray outside of its Southeast Asian home market (Bloomberg)
• Indian media: Indian police arrest two CoinDCX co-founders, after a complainant alleged investment fraud tied to the exchange; CoinDCX calls the claims "false" (Zack Abrams/The Block)
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