| Tim Nudd / Ad Age: |
Apple apologizes for the “Crush” iPad Pro ad and scraps plans to run it on TV; Apple's VP of marketing communications Tor Myhren says “we missed the mark” — The company says its ‘Crush’ spot fell short of its goal of empowering and celebrating creatives| Anna Tong / Reuters: |
Sources: OpenAI plans to announce its AI-powered search product on May 13 — OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google.| Mark Gurman / Bloomberg: |
Sources: Apple's first server chips for its upcoming AI features will be the M2 Ultra; simpler AI tasks will be processed directly on iPhones, iPads, and Macs — - Company puts Mac-grade chips in data centers for fall launch — Apple to offer features using on-device and cloud approaches| Mike Solana: |
Q&A with Jack Dorsey on his exit from Bluesky to focus on Nostr, Bluesky “repeating all the mistakes we made” at Twitter, Musk's takeover, censorship, and more — jack dorsey on his exit from bluesky, how twitter lost its way, jack's strategy for ending censorship forever … | Bloomberg: |
Microsoft plans to launch its mobile game store in July on the web, first with its own games including Candy Crush Saga, and later open it to other publishers — The browser-based store will debut with Microsoft's own games, offering discounts on in-game items associated with titles like Candy Crush Saga.| Ken Yeung / VentureBeat: |
ElevenLabs previews a music-generating AI model, showing samples of songs with lyrics generated from text prompts — Voice AI startup ElevenLabs is offering an early look at a new model that turns a prompt into song lyrics. To raise awareness, it's following a similar playbook Sam Altman used … | Wall Street Journal: |
Sources: T-Mobile US is in talks to take over some operations and wireless spectrum licenses of US Cellular for $2B+; Verizon is also in talks with US Cellular — Regional wireless carrier has been seeking buyers for its operations, spectrum licenses — T-Mobile US and Verizon Communications … | Lawrence Abrams / BleepingComputer: |
Dell warns customers of a data breach after a threat actor claimed to have stolen data for ~49M customers, but says financial and payment data was not stolen — Dell is warning customers of a data breach, after a threat actor claimed to have stolen information for approximately 49 million customers.| Mary Ann Azevedo / TechCrunch: |
Instant payment company TabaPay pulls out of its $9.7M deal to buy the assets of banking-as-a-service startup Synapse amid infighting among fintech players — TabaPay has abandoned its plans to purchase the assets of troubled banking-as-a-service startup Synapse, TabaPay confirmed to TechCrunch today.| Wall Street Journal: |
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out — Amount of data captured from the device declined, although the patient and the Elon Musk-owned company still staged a successful demonstration| Anthony Capaccio / Bloomberg: |
The Pentagon says it worked with Ukraine and SpaceX to successfully block Russian military use of Starlink; some Russian users complain of connectivity issues — - Russian military has used Starlink internet in Ukraine war — Departing space policy chief calls SpaceX ‘very reliable’| Financial Times: |
TikTok plans to start automatically labeling some AI content, including from DALL-E and Adobe's Firefly, and joins the Adobe-led content credentials coalition — Social media companies under pressure to identify deepfakes and prevent spread of misinformation| Brody Ford / Bloomberg: |
Employees say Oracle Health, formerly Cerner, has lost at least 12 of its major clients and product innovation has taken a backseat to upgrading legacy systems — Larry Ellison promised to modernize antiquated health-care technology. The reality has been more daunting.| Dan Milmo / The Guardian: |
As part of its Model Spec release, OpenAI says it is considering letting developers and users “responsibly” generate “NSFW content in age-appropriate contexts” — Critics say ChatGPT creator's proposal to allow erotica, slurs and other adult content undermines its mission statement| Carl Franzen / VentureBeat: |
| Kate Park / TechCrunch: |
South Korea-based DEEPX, which is building on-device AI chips, raised an ~$80M Series C led by SkyLake at a ~$529M valuation, taking its total funding to ~$95M — DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices.| Min Jeong Lee / Bloomberg: |
Filings: SoftBank's Vision Fund has seen its US portfolio shrink by ~$29B since the end of 2021 as, sources say, Masayoshi Son plans forays into AI and chips — Masayoshi Son turns away from aggressive style of venture capital investing, leaving the fund's reduced staff as mostly caretakers.| Mark Stenberg / Adweek: |
OpenAI's pitch deck to news publishers promises priority placement to partners in chat conversations and payment contingent on “display success” — OpenAI's Preferred Publisher Program offers media companies licensing deals — The generative artificial intelligence firm OpenAI … | Emily Bary / MarketWatch: |
Unity reports Q1 revenue down 8% YoY to $460M, vs. $433M est., a $291M net loss, including $212M of restructuring costs, compared with a $254M loss in Q1 2023 — Matt Bromberg, previously Zynga's chief operating officer, will take over as Unity's CEO later in May| Politico: |
Sources: tech lobbying group NetChoice kicked TikTok off of its membership rolls after facing pressure from the office of House Majority Leader Steve Scalise — NetChoice, a right-of-center tech lobbying group, dumped the video app following scrutiny from GOP leadership on Capitol Hill.
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| Nectar Gan / CNN: |
| Aisha Counts / Bloomberg: |
| Chris Welch / The Verge: |
| Zaheer Kachwala / Reuters: |
| Emily Chang / Bloomberg: |
| Pratik Jain / Reuters: |