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April 23, 2025, 5:20 AM
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Top News

Bloomberg:
US v. Google: OpenAI's ChatGPT chief Nick Turley says the company would be interested in buying Chrome from Google if a federal court orders it to be spun off  —  OpenAI would be interested in buying Google's Chrome browser if a federal court orders it to be spun off, the head of ChatGPT said in a court hearing Tuesday.
Bloomberg:
US v. Google: an OpenAI executive says Google declined to let OpenAI access its search index; a proposed DOJ remedy would let Google's rivals access the index  —  OpenAI's Nick Turley said the company never intended to simply create a chatbot like its popular ChatGPT, and instead wanted to deliver a …
Bloomberg:
Source: Intel is set to unveil plans this week to cut 20%+ of staff, its first major restructuring under Lip-Bu Tan; Intel had 108,900 workers in December 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker …
Financial Times:
Sources: Cantor's Brandon Lutnick, the son of the US commerce secretary, seeks to form a $3B bitcoin acquisition vehicle with SoftBank, Tether, and Bitfinex  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency
Cecilia Kang / New York Times:
FTC v. Meta: Instagram co-founder Kevin Systrom testifies that “Mark was not investing in Instagram because he believed we were a threat to their growth”  —  Kevin Systrom said during testimony in a landmark antitrust trial that he believed Meta viewed Instagram as a threat.
Aisha Malik / TechCrunch:
Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A  —  A startup called Superpower is publicly launching what it calls the world's first super app that is designed to help people better understand and take care of their health.
Ronan Shields / Digiday:
In a reversal, Google says it will continue offering users the choice of third-party cookies in Chrome and will not roll out a new standalone prompt for them  —  In a shocking development, Google won't roll out a new standalone prompt for third-party cookies in Chrome, meaning ad tech companies …
Emma Roth / The Verge:
Apple drops “available now” from an Apple Intelligence page featuring an AI-supercharged Siri and removes a Siri-related video, after the BBB nonprofit inquired  —  The National Advertising Division recommended that Apple ‘modify or discontinue’ the claim.
Mark Gurman / Bloomberg:
Sources: Apple's new Siri engineering chief Mike Rockwell is replacing much of Siri's leadership with top Vision Pro software execs, and is restructuring teams
Bloomberg:
Elon Musk says production of Tesla's humanoid robot Optimus is affected by China's recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company's earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”.
Shaurya Malwa / CoinDesk:
Mantra's CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value  —  The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024.  —  What to know:
Christina Kyriasoglou / Bloomberg:
SAP reports Q1 cloud revenue up 26% YoY to €4.99B, vs. €5.05B est., and adjusted operating income up 58% to €2.5B, beating estimates; SAP jumps 9%+  —  Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality  —  Beats' newest exercise headphones are improved …
More: CIO.com, CNBC, and SAP SE
Connor Jones / The Register:
The UN says the ~$40B cybercrime call center industry, tied to East and Southeast Asian crime syndicates, is expanding globally to regions with weak governance  —  What used to be a serious issue mainly in Southeast Asia is now the world's problem  —  Scam call centers are metastasizing worldwide …
Dominic Preston / The Verge:
Instagram launches Edits, a “video creation app designed for creators” intended to rival ByteDance's CapCut app, for free on iOS and Android  —  The standalone video editing app supports green screen and cutout features, just like ByteDance's CapCut app.

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From Mediagazer

Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4

John Koblin / New York Times:
The Netflix-WBD deal should quiet concerns, for now, from CNN employees worried about the prospect of Paramount combining CBS News and CNN in a WBD acquisition

Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings

More News

Tony Maglio / The Hollywood Reporter:
WBD rolls out a $7.99/month Extra Member Add-On for US Max subscribers, about two years after Netflix made a similar move to crack down on password sharing
Daniel Kuhn / The Block:
Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says it's fixed

Earlier Picks

Allie Garfinkle / Fortune:
Supabase, an open-source alternative to Google's Firebase that's used by 2M developers, raised a $200M Series D led by Accel at a $2B valuation
Todd Spangler / Variety:
The Washington Post partners with OpenAI to make its content “more accessible” in ChatGPT; OpenAI says it now has similar deals with 20+ other publishers
Financial Times:
Boeing agrees to sell parts of its digital aviation unit, including software maker Jeppesen and navigation app ForeFlight, to Thoma Bravo for $10.55B in cash
Kate Knibbs / Wired:
Bluesky starts rolling out blue check verification, initially limiting verification to select organizations and its moderation team
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