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May 4, 2025, 1:30 AM
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Top News

Wayne Ma / The Information:
Sources: Apple plans to launch iPhone 18 Pro models, a thin iPhone 18, and a foldable iPhone in fall 2026 but the standard iPhone 18 in spring 2027  —  After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically.  Later this year it's expected to introduce …
Chloe Cornish / Financial Times:
Filings: Abu Dhabi-based AI group G42 set-up a US company to boost its presence in the country, as the UAE plans to invest tens of billions of dollars in the US  —  State-backed group accelerates investment plans as it deepens collaboration over the technology
More: Semafor
New York Times:
Sensor Tower: Temu cut US digital ad spending by an estimated 31% and Shein by 19% in the two week period from March 31 as the de minimis exemption is closed  —  For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue.
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
Financial Times:
Inside Japan's Disco Corp, which makes ~75% of the world's chip cutting tools, and where no staffer has a boss, with decisions made using a currency called Will  —  It's the start of another day for an ordinary Tokyo salaryman.  On a rain-drenched Monday morning, the engineer stows …
Maria Deutscher / SiliconANGLE:
Doppel, which provides an AI-powered social engineering detection service for enterprises, raised a $35M Series B led by Bessemer at a $205M valuation  —  Cybersecurity startup Doppel Inc. today disclosed that it has closed a $35 million funding round led by Bessemer Venture Partners.
Brian Merchant / Blood in the Machine:
Duolingo's “AI-first” announcement highlights the unfolding AI jobs crisis, with attrition in creative fields, hiring cuts, declining freelance incomes, more  —  On Monday, April 29th, Luis von Ahn, the billionaire CEO of the popular language learning app Duolingo …
Bloomberg:
An in-depth look at the impact of stratospheric pollution from satellite reentries on the ozone layer, as Starlink and others launch more internet satellites  —  for Bloomberg Green + The Big Take May 1, 2025  —  Elon Musk's SpaceX has more than 7,000 satellites in orbit to create its Starlink internet constellation.
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” …
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
Indulekha Aravind / Rest of World:
How Namma Yatri, an open-source ride-hailing app, forced Uber, Ola, and Rapido to adopt its no-commission, subscription model for auto-rickshaw drivers in India  —  Namma Yatri, launched by a SoftBank-backed fintech firm, pioneered the zero-commission model.  Now other ride-hailing apps are rethinking their strategy.
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.
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 …
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.

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Trip Gabriel / New York Times:
R. Bruce Dold, a Pulitzer Prize-winning journalist at the Chicago Tribune, where he became editor-in-chief and publisher, is dead at 70

More News

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

Earlier Picks

Financial Times:
The US DOJ tells a judge it will seek to force Google to divest its ad exchange and publisher ad server units and share real-time ad bidding data with rivals
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