Gate News reported that on March 20, according to Solid Intel, the FBI and Thai police jointly conducted an enforcement operation targeting scam compounds. During the operation, law enforcement confiscated a total of 8000 mobile phones and froze approximately 5.8 billion dollars in cryptocurrency assets.

ByteDance and Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, have reached an agreement to sell Moonton Technology for over $6 billion. Moonton is the developer of the MOBA mobile game Mobile Legends. This transaction reflects ByteDance's strategic focus shift toward the AI sector.

Meta announced it is withdrawing its decision to shut down the Horizon Worlds VR platform and will continue to keep the app on Quest headsets. Based on user feedback, existing VR games will continue to operate, but no new content will be added. With Meta's metaverse business facing losses, the company's future development focus will shift toward artificial intelligence and mobile experiences.

Mobile advertising company AppLovin co-founder Furqan Rydhan pointed out in his article "The Age of Abundance" that AI Agents have surpassed the practical threshold, and humanity has entered an era of abundance. He emphasized that improvements in AI quality, declining costs, and digitalization of infrastructure have doubled production efficiency, and he believes that the rarest capability in the future will be directional judgment.

Anthropic has launched a new feature called Dispatch on Claude Desktop, enabling users to send commands to Claude on their computer via mobile instructions. This feature requires user confirmation for each operation and is currently only available to Max subscribers, with Pro users gaining access soon. Testing indicates slower speeds, with a task success rate of about 50%.

Meta announced that starting June 15, users will no longer be able to build, publish, or update virtual reality worlds on Meta Quest headsets, and will be unable to access Meta Horizon Worlds, marking a shift toward mobile-first strategy. This adjustment reflects Meta's repositioning of its metaverse strategy, with a focus shifting toward AI and wearable products.

Gate News report: On March 17, Tether's QVAC Fabric launched the world's first cross-platform LoRA fine-tuning framework for Microsoft BitNet (1-bit LLM), significantly lowering the VRAM and computational thresholds for large model training. The framework supports LoRA fine-tuning and inference acceleration on Intel, AMD, Apple Silicon M series, and mobile GPUs (including Adreno, Mali, and Apple Bionic).

The Joint Sowell International, promoted by the UAE's OOKC Investment Group, has signed a memorandum of cooperation with World Mobile, aimed at advancing innovation in AI, decentralized infrastructure, and blockchain technology, and exploring business models and asset digitalization applications in the digital economy. This cooperation marks a convergence trend between traditional capital markets and the digital asset ecosystem.

Google announced on March 16 that it will open its artificial intelligence product Gemini to users in Hong Kong, first launching the web application, followed by mobile applications. Hong Kong users can use Gemini to handle daily tasks such as emails, planning, and travel, and it supports multimedia content generation.

Gate News Report: On March 16th, according to Gate's market data, as of press time, PI (Pi) is trading at $0.20, up 2.24% in the last 24 hours, with a high of $0.27 and a low of $0.19. The current market cap is approximately $1.955 billion. Pi Network is a digital currency platform that enables mining through mobile applications, utilizing breakthrough technology that allows users to mine Pi on their phones without draining battery. The network is characterized by decentralization, mobile-first design, and user-friendly features, dedicated to providing secure and unforgeable digital currency while avoiding the massive power consumption associated with traditional mining. Pi Network ensures network security through an invitation system, allowing users to download the official mobile app to join mining. Recent Important News for PI: 1️⃣ *