| Kylie Robison / The Verge: |
Amazon CEO Andy Jassy says AWS CEO Adam Selipsky is stepping down, replaced by Matt Garman, effective June 3; Selipsky joined AWS in 2005 and became CEO in 2021 — Adam Selipsky is stepping down, according to an internal memo. … AWS CEO Adam Selipsky is stepping down, effective June 3rd … | Christopher Dring / GamesIndustry.biz: |
Sony Interactive Entertainment announces two new CEOs: Hermen Hulst, who will lead studios, and Hideaki Nishino, who will lead platforms, effective June 1 — Hulst will lead the Studios business, while Nishino takes charge of the platform side — News by Christopher Dring Head of Games B2B| Ryan Browne / CNBC: |
Sony reports Q4 revenue up 14% YoY to ~$22.4B, above ~$18.5B est., operating profit up 57% YoY to ~$1.5B, and 20.8M PS5 units sold in FY 2023, below guidance — Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, dragged down by a decline in its financial services division.| Takashi Mochizuki / Bloomberg: |
Square Enix falls 16%, the biggest decline in 13 years, after President Takashi Kiryu said sales of its big-budget games, exclusive to PlayStation, fell short — - Big titles released on PlayStation fell short, president says — Games development overhaul seen taking time to bear fruit| OpenAI on YouTube: |
A recording of OpenAI's Spring Update event, where the company unveiled GPT-4o and ChatGPT for macOS; the app demo included real-time screen sharing with GPT-4o — We'll be streaming live at 10AM PT Monday, May 13 to demo some ChatGPT and GPT-4 updates.| Kyle Wiggers / TechCrunch: |
| Ina Fried / Axios: |
| Ina Fried / Axios: |
| David Pierce / The Verge: |
Apple iPad Pro (2024) review: gorgeous screen, blazing performance with M4, thin, front camera is in the right spot, but iPadOS can't keep up with the hardware — Apple's latest high-end tablet is a marvel of hardware design still in need of the software and accessories to really make it sing.| Mishaal Rahman / Android Authority: |
Source: at a private event, Google demonstrated a Chromium OS build running in a virtual machine on a Pixel 8, but did not say if this build would ever ship — Google privately demoed this capability to other companies recently. — • — TL;DR — Google has developed a method to run Chrome OS on its Pixel devices.| Demetri Sevastopulo / Financial Times: |
The US plans to sharply raise tariffs on imports from China including semiconductors, EVs, and batteries, impacting $18B of products; chip tariffs start in 2025 — Action designed to protect American jobs, as Joe Biden campaigns for votes across rustbelt — The Biden administration … | Todd Spangler / Variety: |
Comcast CEO Brian Roberts says Comcast will launch StreamSaver, a bundle with Peacock, Netflix, and Apple TV+, later this month at a “vastly discounted price” — Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle … | Camomile Shumba / CoinDesk: |
A Dutch judge finds Tornado Cash developer Alexey Pertsev guilty and sentences him to 64 months; Pertsev was jailed in August 2022 over alleged money laundering — Alexey Pertsev was first jailed in the Netherlands in August 2022. — Tornado Cash developer Alexey Pertsev has been found guilty … | Washington Post: |
How a new generation of tech founders and VCs are quietly pilgrimaging to the Gulf states' sovereign wealth funds, after some shunned Middle Eastern funding — The Biden administration has brokered the tech industry's ties to the region as a bulwark against China, helping spur a generation … | Reuters: |
The US orders China-linked crypto mining company MineOne to sell property the company bought near an Air Force base in Wyoming, citing a national security risk — The White House on Monday gave a Chinese-linked company and its partners 120 days to sell property they had bought near … | Juli Clover / MacRumors: |
Apple releases iOS 17.5 with cross-platform detection of unwanted tracking devices, EU app downloads from websites, News+ features like offline mode, and more — Apple today released iOS 17.5 and iPadOS 17.5, major updates to the iOS 17 and iPadOS 17 operating system updates that came out last September.| Ryan Browne / CNBC: |
Anthropic launches its Claude chatbot and subscription plans in Europe, available to individuals and businesses through the web and via an iPhone app — Anthropic, the artificial intelligence startup backed by Amazon, said Monday it's launching its generative AI assistant Claude in Europe on Tuesday.| Bloomberg: |
Polymarket, a decentralized prediction and betting market with a focus on elections, has raised $70M across two rounds, the most recent led by Founders Fund — - Founders fund, Buterin Back $70 Million Polymarket fundraising — Polymarket has become a major platform for election bettors| Bloomberg: |
Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend — - Shares slide as core business manage just single-digit growth — Alibaba is in the middle of a longer-term turnaround effort| CNBC: |
Foxconn reports Q1 revenue down 9% YoY to ~$40.9B, net profit up 72% YoY to ~$679M, and consumer electronics was 48% of its revenue while cloud was 28% — Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base … | Nina Kienle / Wall Street Journal: |
German companies are increasingly experimenting with AI tools to become more productive and efficient, but some say the gains AI promises could be years away — From automating processes to optimizing supply chains, German companies are resorting to AI tools for a growing range of functions| Ian King / Bloomberg: |
Intel announces another Foundry leadership change, naming Marvell executive Kevin O'Buckley as SVP, replacing longtime executive Stu Pann, in the role a year — O'Buckley was named senior vice president and general manager of foundry services, the unit tasked with manufacturing chips for outside clients.
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| Zheping Huang / Bloomberg: |
| Sarah Zheng / Bloomberg: |
| Kenrick Cai / Forbes: |
| Washington Post: |
| Tom Warren / The Verge: |
| Ben Schoon / 9to5Google: |
| Kyle Wiggers / TechCrunch: |