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May 4, 2025, 2:15 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 …
Zoltan Vardai / Cointelegraph:
Polygon Labs spinout Miden, a zero-knowledge proof-based blockchain project focused on high scalability, raised a $25M seed led by a16z Crypto, 1kx, and Hack VC  —  A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.
Ian Johnston / Financial Times:
Ookla: Starlink use rose by 35% above average in Spain and Portugal on April 28, as a widespread electricity outage exposed vulnerabilities in telecoms networks  —  Widespread electricity outage on the Iberian peninsula exposed vulnerabilities in telecoms  —  Spanish and Portuguese mobile …
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
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
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.
Lucy Adams / Tech.eu:
Berlin-based Pliant, which helps corporates combine physical and virtual credit cards with automation tools to streamline spending, raised a $40M Series B  —  The company plans to hire additional talent and expand its partner network to facilitate growth.  —  Berlin-based fintech has secured …
More: PYMNTS.com
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 …
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.

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From Mediagazer

Associated Press:
A federal judge ruled the DOD violated his earlier order undoing most of the Pentagon's press pass policy and failed to reinstate NYT reporters' credentials

Wall Street Journal:
Sources: the DOJ is probing whether the NFL uses anticompetitive tactics that harm consumers; regulators and others have raised concerns about streaming deals

Dominick Mastrangelo / The Hill:
Trump says Tucker Carlson, Megyn Kelly, Candace Owens, and Alex Jones have “Low IQs” and “their views are the opposite of MAGA” after they blasted him over Iran

More News

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

Earlier Picks

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
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
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
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
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