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May 6, 2024, 10:50 AM
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Top News

Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey left its board and says the public benefit company is searching for a new board member; Dorsey announced Bluesky in December 2019  —  It sounds like Bluesky's most prominent backer is no longer on its board.  —  On Saturday, Jack Dorsey posted on X about grants …
Adamya Sharma / Android Authority:
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app  —  It's currently available in the US on the YouTube Android app.  —  •  —  TL;DR  — YouTube Premium members in the US …
Emily Nicolle / Bloomberg:
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders  —  - Less than 10% of stablecoin transactions are “organic:” Visa  — PayPal, Stripe are among fintechs expanding in stablecoins
Aoyon Ashraf / CoinDesk:
Filing: Robinhood's crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits  —  The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.
Pieter Haeck / Politico:
The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns  —  Of all the shots Europe is firing at China, the threat of a blanket TikTok ban is likely to only scuff Beijing.
Carl Franzen / VentureBeat:
Hugging Face launches LeRobot, an open-source robotics code library, after hiring former Tesla scientist Remi Cadene to lead its open-source robotics project  —  Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository …
Erin Griffith / New York Times:
The increase of stock sales in privately held companies leads to tensions with startups like Stripe; the market is estimated to rise 40% YoY to $64B in 2024  —  The market for shares of hot start-ups like SpaceX and Stripe is projected to reach a record $64 billion this year.
Tassilo Hummel / Reuters:
Atos says it received four distinct offers to restructure its debt and inject cash from investors including Atos' banks and its largest shareholder Onepoint  —  Debt-laden French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt …

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From Mediagazer

Alex Sherman / CNBC:
Sources: WBD continues to hold talks with the NBA about keeping the rights, but it's more likely the league signs papers with NBCUniversal, forcing WBD to match

New York Times:
Sources: Sony and Apollo sign NDAs but back away from their $26B offer for Paramount's assets, partly due to Sony shareholders' concerns over streaming costs

Hayley Wong / South China Morning Post:
The US says it is deeply concerned over reports that Zhang Zhan, imprisoned after covering COVID-19 in China, has disappeared after her expected prison release

More News

Charlie Warzel / The Atlantic:
A profile of ElevenLabs, whose founders seem unprepared for how its impressive AI voice cloning tech can change the internet and unleash political chaos

Earlier Picks

Muyao Shen / Bloomberg:
DEX Screener: the value of decentralized social platform Friend.tech's native token, the Friend, fell ~98% to below $2 after making its trading debut on May 3
Oliver Whang / New York Times:
Some researchers are training AI models on headcam footage from infants and toddlers, to better understand language acquisition by both AI and children
Rina Diane Caballar / IEEE Spectrum:
As CS students experiment with AI coding tools, professors say courses need to focus less on syntax and more on problem solving, design, testing, and debugging
Jessica Lucas / The Verge:
Some teen users of Character.AI's chatbots say they find the AI companions helpful, entertaining, and supportive but worry they may be addicted to the chatbots
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