| David DiMolfetta / Nextgov/FCW: |
Mitre, the nonprofit research organization behind the CVE program, says the US government funding needed to develop and operate CVE will expire on April 16 — The U.S. government funding needed for non-profit research giant MITRE to develop, operate and maintain its flagship Common Vulnerabilities … | CVE Foundation: |
| CNBC: |
SEC filing: Nvidia says it will record a $5.5B quarterly charge after new US rules to require a license to export the H20 chips to China; NVDA drops ~5% — Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations.| Reuters: |
Sources: Nvidia did not warn at least some major customers in advance about new US export rules on its H20 chips to China; the US told Nvidia about a week ago — Nvidia (NVDA.O) did not warn at least some major customers in advance about new U.S. export rules it was told about a week ago requiring … | Wall Street Journal: |
Sources: Meta offered $450M in late March to settle the FTC's antitrust case and raised its offer to ~$1B as the trial neared; the FTC had demanded $30B — The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.| Business Insider: |
Email: Mark Zuckerberg offered to buy Snapchat for $6B in 2013; Zuckerberg testified that he thought Snapchat “wasn't growing at the potential that it could” — - Mark Zuckerberg's failed Snapchat bid resurfaced in Meta's antitrust trial. — And the Meta boss seems like he hasn't fully moved on.| Bloomberg: |
FTC v. Meta: in an email, Mark Zuckerberg considered spinning off Instagram in 2018 as he increasingly became concerned that its success was hurting Facebook — Mark Zuckerberg considered spinning off Instagram into a separate company in 2018 as he increasingly became concerned that the photo … | Ryan Browne / CNBC: |
ASML reports Q1 net sales up 46% YoY to €7.74B, vs. €7.8B est., a €2.36B net profit, €3.94B net bookings, below €4.89B est., and warns of tariff uncertainty — Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty … | The Verge: |
Sources: OpenAI is in the early stages of building its own X-like social network, focused on ChatGPT image generation, and is asking some outsiders for feedback — Is Sam Altman ready to up his rivalry with Elon Musk and Mark Zuckerberg? … OpenAI is working on its own X-like social network … | Reuters: |
Figma confidentially files for a US IPO, more than a year after Adobe's $20B acquisition failed; the company was valued at $12.5B in a May 2024 tender offer — Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States … | Abner Li / 9to5Google: |
Google plans to redirect all Search users to google.com over the coming months, saying “country-level domains are no longer necessary” — Historically, Google users around the world have visited country-specific sites like google.com.br (Brazil), google.fr (France), or google.co.uk (UK).| Dylan Patel / SemiAnalysis: |
A look at Huawei's AI CloudMatrix 384 rack-scale system, which is less power-efficient than Nvidia's GB200 NVL72, though this is not a limiting factor in China — Huawei is making waves with its new AI accelerator and rack scale architecture. Meet China's newest and most powerful Chinese domestic solution … | Kyle Wiggers / TechCrunch: |
xAI unveils Grok Studio, a canvas-like tool for its Grok chatbot that can generate and edit documents, run code like Python and JavaScript, and more — Grok, the chatbot from Elon Musk's AI company, xAI, has gained a canvas-like feature for editing and creating documents and basic apps.| Anne VanderMey / Bloomberg: |
Infinite Reality, which recently bought Napster, acquires AI customer support startup Touchcast for $500M in cash and stock, valuing Infinite Reality at $15.5B — The acquisition comes just weeks after the company said it would buy iconic 2000s music brand Napster.| Reuters: |
River: China's local governments held 15,000 bitcoin worth $1.4B at the end of 2024, the world's 14th biggest holder, sparking a debate on how to handle it — China's growing pile of cryptocurrencies seized from illegal transactions is prompting local governments to find ways to dispose … | Ben Weiss / Fortune: |
OKX relaunches in the US and unveils a new crypto wallet for users, two months after a $500M DOJ settlement over insufficient anti-money laundering processes — Seychelles-based OKX announced on Tuesday that it is relaunching the U.S. version of its crypto exchange and unveiled a new wallet … | Emma Roth / The Verge: |
Google rolls out its text-to-video AI model Veo 2 to Gemini Advanced subscribers and makes its Whisk Animate tool available for Google One AI Premium users — A new Whisk Animate tool is coming to Google One AI Premium users, as well. … Google is letting Gemini Advanced subscribers try out Veo 2 … | Jay Peters / The Verge: |
OpenAI is adding an image library to ChatGPT to make it easier for users to access their AI-generated images, rolling out to all Free, Plus, and Pro users — The new Library is rolling out now to all Free, Plus, and Pro users. … OpenAI is adding an image library to ChatGPT to make it easier … | Mohar Chatterjee / Politico: |
Sources: the US DOD's Defense Digital Service is effectively shutting down as nearly all staff are resigning, saying they were sidelined by DOGE's efforts — Employees of a defense tech unit say they were sidelined by DOGE. “Either we die quickly or we die slowly,” says the director.| Jagmeet Singh / TechCrunch: |
Google says it suspended 39.2M US advertiser accounts on its platform in 2024, up over 3x from 12.7M in 2023, and took down 1.8B ads, aided by new AI tools — Google on Wednesday said it suspended 39.2 million advertiser accounts on its platform in 2024 — more than triple the number … | Max Chafkin / Bloomberg: |
Medicare broker Chapter, which was co-founded by Vivek Ramaswamy and uses AI to aggregate comprehensive plan data, raised $75M at a $1.5B valuation — Startup Chapter, co-founded by Vivek Ramaswamy and previously backed by Peter Thiel and JD Vance, just closed a VC round valuing it at $1.5 billion.| Bloomberg: |
US credit and debit card data: Shein's US sales rose 29% YoY in March and 38% YoY in April's first 11 days, while Temu rose 46% and 60%, ahead of US tariffs — Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products like makeup brushes … | Damilare Dosunmu / Rest of World: |
Starlink, which entered Nigeria in January 2023, ranks second among pure-play ISPs with 65K+ Nigerian subscribers in Q3 2024 due to reliable, high-speed access — Elon Musk's company is set to become Nigeria's top internet service provider. — In the sprawling electronic market … | Tim Bradshaw / Financial Times: |
Lyft acquires Hamburg-based taxi app FreeNow from BMW and Mercedes-Benz for €175M and says the combined operations will serve 50M+ riders annually — US group makes first major acquisition across the Atlantic as it continues competition against industry giant Uber
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