| Annie Palmer / CNBC: |
Temu stops shipping products from China directly to US shoppers and lists only products shipped from US warehouses, as Trump closes the de minimis exemption — Bargain Chinese retailer Temu changed its business model in the U.S. as the Trump administration's new rules on low-value shipments took effect on Friday.| Trishla Ostwal / Adweek: |
At the adtech remedy hearing, Google says it's open to giving competitors access to real-time bidding data from its ad exchange AdX, but it rejects a breakup — The tech giant faces a Sept. 22 remedies trial over a partial monopoly in its adtech stack — At the landmark adtech remedy hearing today … | OpenAI: |
OpenAI shares details on how an update to GPT-4o inadvertently increased the model's sycophancy, why OpenAI failed to catch it, and the changes it is planning — A deeper dive on our findings, what went wrong, and future changes we're making. — On April 25th, we rolled out an update to GPT‑ … | Charles Rollet / TechCrunch: |
Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” through follow-up questions, instead of providing useful insights — Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” … | Mark Gurman / Bloomberg: |
Sources: Apple is working with Anthropic for a new version of Xcode that will use Claude Sonnet to write, edit, and test code, with plans to roll out internally — Apple Inc. is teaming up with startup Anthropic PBC on a new “vibe-coding” software platform that will use artificial intelligence to write … | Ryan Gallagher / Bloomberg: |
A hacking group called DragonForce takes credit for ransomware attacks targeting British retailers M&S, Harrods, and Co-Op over the past two weeks — Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Quality — Beats' newest exercise headphones are improved, but they face stiffer competition than ever.| MacKenzie Sigalos / CNBC: |
Uber partners with Chinese self-driving startup Momenta to launch robotaxi services outside the US and China, starting with Europe in early 2026 — Uber said on Friday that it's partnering with Chinese self-driving startup Momenta to launch robotaxi services outside of the U.S. and China.| Natasha Singer / New York Times: |
Google plans to roll out Gemini next week for children under 13 whose parents use Family Link and says it will not use the under-13 users' data to train its AI — The tech giant said it would make its Gemini chatbot available to children next week, and warned families in an email about the changes.| Jordan Novet / CNBC: |
Veza, which helps company administrators manage employee access to applications and data, raised a $108M Series D led by NEA at a valuation of just over $800M — Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments … | Stephanie Palazzolo / The Information: |
Source: Anthropic offers to buy back shares from current and former employees, the first transaction of its kind for Anthropic, valuing the startup at $61.5B — Anthropic is offering to buy back shares from hundreds of current and former employees, the first transaction of its kind for the four-year-old company.| Umar Shakir / The Verge: |
Microsoft says new accounts will be “passwordless by default”, asking people to use more secure methods like passkeys, push notifications, and security keys — The company is trying to get everyone to get rid of passwords, eventually.| PYMNTS.com: |
Singapore-based cross-border B2B payment service Thunes raised a $150M Series D co-led by Apis Partners and Vitruvian Partners to accelerate its US expansion — Thunes has raised $150 million in a Series D funding round to strengthen its cross-border payments platform and accelerate its expansion in the United States.| Kyle Wiggers / TechCrunch: |
Eric Schmidt-backed nonprofit FutureHouse, which aims to build an “AI scientist”, launches a platform and API with four AI-based tools to assist scientific work — FutureHouse, an Eric Schmidt-backed nonprofit that aims to build an “AI scientist” within the next decade … | Sean O'Neill / Skift: |
TPG agrees to acquire Sabre's hospitality solutions unit, which provides SaaS to hotel brands, for $1.1B in cash, as Sabre focuses on its core airline business — SKIFT TAKE — Sabre's sale of its hotel reservations tech should help the travel tech company focus on its core airline business.| Todd Bishop / GeekWire: |
Filing: Amazon restructured part of its $8B Anthropic investment from convertible notes into stock in Q1, creating a $3.3B pre-tax gain that boosted its profits — A portion of Amazon's investment in AI startup Anthropic converted from notes into stock in the first quarter … | Tim Bradshaw / Financial Times: |
| Apple Inc.: |
Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.6B est., China sales down 2% YoY to $16B, vs. $16.83B est., and authorizes a $100B share buyback program — Services revenue reaches new all-time high — EPS sets March quarter record … The Company posted quarterly revenue of $95.4 billion … | Chance Miller / 9to5Mac: |
Apple updates its App Store Guidelines to comply with a US judge's April 30 Epic injunction, letting app developers link to external payment methods in the US — Apple has officially updated the App Store Guidelines to comply with yesterday's injunction handed down in its legal case with Epic Games.| Jay Peters / The Verge: |
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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