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Techmeme
May 6, 2025, 10:00 AM
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Top News

Financial Times:
DoorDash agrees to acquire UK food delivery company Deliveroo for £2.9B in cash; Deliveroo has struggled since its London IPO at a £7.6B valuation in March 2021  —  Takeover comes after UK company has struggled since going public four years ago  —  DoorDash has agreed …
Kyle Wiggers / TechCrunch:
OpenAI backtracks and says its nonprofit will remain in control of its business operations, after a “constructive dialogue” with civic leaders and DE and CA AGs  —  OpenAI has decided that its nonprofit division will retain control over its for-profit org, after the company initially announced …
Bloomberg:
Sources: Microsoft remains the biggest holdout among investors in OpenAI's restructuring, seeking assurance that the changes will protect its $13.75B investment  —  After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company …
Tom Warren / The Verge:
Microsoft debuts the $899+ Surface Laptop 13, with a smaller 13" screen, an 8-core Snapdragon X Plus, 16GB of RAM, and 256GB/512GB options, shipping from May 20  —  The new Surface Laptop 13-inch ditches the Surface Connect port and Windows Hello camera for a smaller footprint.
Tom Warren / The Verge:
Microsoft unveils the $799+ Surface Pro 12, a fan-less, ARM tablet with a 90Hz display, two USB-C 3.2 ports, and a revamped $150 keyboard, shipping from May 20
Kevin Breuninger / CNBC:
TeleMessage parent company Smarsh says it is “investigating a potential security incident” and has suspended all its services “out of an abundance of caution”  —  The messaging app that President Donald Trump's former national security advisor was seen using during …
Bloomberg:
Sources: OpenAI reaches an agreement to acquire Windsurf, an AI coding tool formerly known as Codeium, for ~$3B; Windsurf was valued at $1.25B in August 2024  —  OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool formerly known as Codeium, for about $3 billion …
Sarah Jeong / The Verge:
Apple files an appeal with the US Ninth Circuit, challenging last week's ruling to stop it from charging developers fees on purchases made outside the App Store
Ramsey Al-Rikabi / Bloomberg:
The US Treasury Department sanctions the Myanmar-linked Karen National Army over helping organized crime groups operate multibillion-dollar “scam compounds”  —  The US sanctioned a militia in Myanmar linked to the ruling junta for supporting and profiting from cyber scams …
Lauren Forristal / TechCrunch:
Spotify debuts a “plays” metric for podcasts that shows users and creators how many times people have actively listened to or watched an audio or video episode  —  YouTube continues to dominate the podcasting space, but Spotify is actively working to close the gap.
See also Mediagazer
Leo Sands / Washington Post:
Microsoft shut down Skype on May 5, capping a remarkable 21-year run for software that for many embodied the open internet and had 300M+ users in its heyday  —  After 21 years, Microsoft is hanging up on Skype.  In its heyday, the calling service connected millions around the world.
Martha Muir / Financial Times:
US data center operators warn President Trump's renewable energy attack could hurt the US in the AI race; data centers are set to add 83.7GW of demand by 2030  —  Industry needs renewables to meet surging power demand from artificial intelligence  —  The US data centre industry has warned …
More: Ars Technica
Financial Times:
Analysis: 24 crypto wallets earned $99.6M by buying the $MELANIA memecoin in the two and a half minutes before Melania Trump posted about the coin on January 19  —  Small group of digital wallets bought up coins in the minutes before it was announced, FT analysis shows  —  Unlock the White House Watch newsletter for free
Katie Roof / Bloomberg:
Wonder, which runs Grubhub and Blue Apron, raised $600M led by NEA, a source says at a $7B+ valuation, and CEO Marc Lore says it has $2B+ in revenue  —  Marc Lore's food hall startup is raising $600 million from investors including NEA, Accel and GV.  —  Wonder, the food hall company …
More: PYMNTS.com
Andrew J. Hawkins / The Verge:
An interview with Ford Chief EV, Digital, and Design Officer Doug Field on canceling the FNV4 vehicle networking project and using a domain-style system instead  —  When Ford poached Doug Field from Apple in 2021, the company had high hopes for the mild-mannered engineer.

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From Mediagazer

Brian Steinberg / Variety:
Fox News says Maria Bartiromo is no longer with Fox; Bartiromo's Mornings with Maria will be retitled Morning with Fox Business and employ a rotation of anchors

Jim Rutenberg / New York Times:
The FCC asks a court to throw out ABC's suit that claims the agency is using the regulatory process to abridge ABC's speech; a hearing is set the week of Oct. 5

Andrew Marchand / The Athletic:
An Athletic probe finds journalist Dianna Russini violated standards due to her relationship with an NFL coach but finds scant evidence it impacted coverage

More News

Wall Street Journal:
US v. Google: the DOJ says in a May 5 filing that Google should sell its AdX business and DFP ad platform; Google says divestiture isn't warranted or feasible
Kirsten Korosec / TechCrunch:
Uber and WeRide plan to expand their robotaxi service to 15 more cities over the next five years, including in Europe, after a December 2024 launch in Abu Dhabi

Earlier Picks

Lizette Chapman / Bloomberg:
Palantir reports Q1 revenue up 39% YoY to $884M, below $863M est., US commercial sales up 71% to $255M, and raises 2025 sales guidance to ~$3.9B; PLTR falls 5%+
MacKenzie Sigalos / CNBC:
Trump has two crypto-focused dinners this month, for political donors and for $TRUMP holders; Chainalysis: trading fees alone have made $TRUMP insiders $324M+
Reuters:
Tel Aviv-based eToro Group says it is targeting a $4B valuation in a Nasdaq IPO, aiming to raise $500M, after pausing plans in April due to market volatility
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