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The White House says that the EU's €500M fine on Apple and €200M fine on Meta are a “novel form of economic extortion” that the US will not tolerate — The White House said on Wednesday that fines on Apple (AAPL.O) and Meta Platforms (META.O) by the European Union were a … | Ivan Mehta / TechCrunch: |
Adobe unveils its Firefly Image Model 4 and Model 4 Ultra, launches a redesigned Firefly web app, is testing a new Adobe Content Authenticity web app, and more — Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors … | Sarah Perez / TechCrunch: |
İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol — Government censorship has found its way to Bluesky, but there's currently a loophole thanks to how the social network is structured.| Financial Times: |
Elon Musk is stepping back from DOGE in May, spending 1-2 days per week on government work, as tariffs, customer anger, and Chinese competition weigh on Tesla — Billionaire's foray into government coincided with increased competition from Chinese rivals — In the days following Donald … | Bloomberg: |
President Trump will have dinner with the top 220 holders of the TRUMP memecoin on May 22, according to the memecoin's website; TRUMP jumps 50%+ — President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.| Victoria Song / The Verge: |
Hands-on with Cluely's “cheat on everything” tool: the AI can't intuit what the user needs despite being given prior context and takes long to give a response — Tech evangelists have been yammering about “working smarter, not harder” for years.| Adrienne So / Wired: |
On the Apple Watch's 10th anniversary, a look at how Apple reshaped the watch industry and ushered in a new age of fitness tracking — When the Apple Watch launched, it was unclear if smartwatches would pan out. Ten years later, Apple has a $100-billion hit that reshaped the watch industry … | Stephanie Lai / Bloomberg: |
Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios — President Donald Trump signed an executive action to boost artificial intelligence education and workforce training … | Ryan Browne / CNBC: |
Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M — LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time … | Larry Dignan / Constellation Research: |
Microsoft's 2025 Work Trend Index report, based on a survey of 31,000 people, argues that “Frontier Firms” utilizing agentic AI as digital workers are emerging — As enterprises adopt AI agents and digital workers, companies' success may depend on the human-agent ratio and how workflows are managed.| Dominic Preston / The Verge: |
The EU unveils new mandatory labels for smartphones and tablets sold in the bloc that rate energy efficiency, durability, and repairability, starting June 20 — Tablets are also covered by the scheme, which takes effect in June. … The European Union has announced details of new mandatory labels … | Bloomberg: |
US v. Google: DuckDuckGo CEO Gabriel Weinberg testifies that Chrome is worth “upwards of $50B if it went on the market” based on “back-of-the-envelope” math — - DuckDuckGo CEO estimated potential sale price at DOJ hearing — Justice Department has asked that court order Chrome's sale| Leah Nylen / Bloomberg: |
| Kirsten Korosec / TechCrunch: |
VW and Uber unveil an ambitious plan to launch a commercial robotaxi service using ID. BUZZ vehicles in US cities over the next decade, starting in LA in 2026 — Volkswagen of America and Uber on Thursday unveiled an ambitious plan to launch a commercial robotaxi service — using autonomous electric VW ID.| New York Times: |
Videos on TikTok, Instagram, and other apps urging US consumers to buy directly from Chinese factories are surging in popularity, racking up millions of views — Videos on the social media app, filmed at factories in China, urge viewers to buy luxury goods directly, as tariffs drive up prices.| Dan Milmo / The Guardian: |
Ofcom outlines 40+ child safety measures for websites and apps to introduce from July 2025 or face large fines under the Online Safety Act, including age checks — Companies will be legally required to block children's access to harmful content under UK's Online Safety Act or face large fines| Kyle Wiggers / TechCrunch: |
OpenAI brings ChatGPT's new image generator tech to its API, for $5 per 1M text input tokens, $10 per 1M image input tokens, and $40 per 1M image output tokens — OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API … | Connor Sephton / Decrypt: |
Hex crypto project founder Richard Heart says he has “defeated the SEC completely” after the regulator abandoned its securities fraud lawsuit against him — The HEX founder is still listed as one of Europe's most wanted fugitives, and stands accused of tax evasion and assault.| Jordan Novet / CNBC: |
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ — IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. The stock slipped 2% in extended trading. — Here's how the company performed:| Nathan Vifflin / Reuters: |
STMicro reports Q1 revenue down 27.3% YoY to $2.52B, below its $2.51B guidance, and projects Q2 revenue down 16.2% YoY to $2.71B, excluding any tariff changes — STMicroelectronics (STMPA.PA) forecast improving sales for the second quarter on Thursday after its first-quarter result … | Reece Rogers / Wired: |
Q&A with Margaret Mitchell, an AI ethics researcher at Hugging Face, on the SHADES dataset, designed to test AI models for bias in languages beyond English — Margaret Mitchell, an AI ethics researcher at Hugging Face, tells WIRED about a new dataset designed to test AI models for bias in multiple languages.
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