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May 7, 2025, 10:25 AM
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WeSmirchTop News
| John Koblin / New York Times: |
Netflix unveils a new homepage design for TVs, its first major update since 2013, featuring fewer titles but more video and animation, rolling out next week — The implications for the industry could be significant, given that most other streaming services have copied Netflix's design.
More: About Netflix, 9to5Mac, The Verge, The Sun, CNET, Reuters, The Verge, Engadget, TechCrunch, Gadgets 360, Bloomberg, MobileSyrup, Fast Company, Tom's Guide, The Wrap, Inc, Netflix Tudum, What's on Netflix, and BGR. X: @netflix
| Jay Peters / The Verge: |
Netflix says it plans to start testing a TikTok-like feed of vertical videos in its mobile app “in the coming weeks” to help users find more content to watch — The streaming service has experimented with vertical video feeds before. … Netflix is going to start testing …
More: Gizmodo, CNET, Comic Book, WeRSM, CNN, The Hollywood Reporter, and Digital Trends. Bluesky: @reckless
| Matt Simons / Courthouse News Service: |
A US jury awards Meta nearly $168M in damages from Israeli spyware maker NSO Group in connection with the 2019 spyware attack on 1,400+ WhatsApp users' phones — Although NSO Group will likely appeal, the jury's award represents a significant win for privacy advocates and critics of the notorious spyware vendor.
More: Meta, TechCrunch, New York Times, Reuters, BleepingComputer, Computerworld, Washington Post, Ars Technica, 9to5Mac, Access Now, The Record, The Register, CyberScoop, The Verge, Moneycontrol, Security Boulevard, Insurance Journal, WebProNews, Anadolu Ajansı …, MEDIANAMA, Globes Online, Politico, CyberInsider, Silicon UK, Infosecurity, Engadget, BBC, CTech, Digit, UPI, Neowin, israelhayom.com, Cyber Security News, WinBuzzer, SiliconANGLE, Social Media Today, Verdict, Platformer, Default, The Intercept, dailyjournal.com, The Hill, DataBreachToday.com, and Axios
Bluesky: @kimlanelaw, @davidakaye, @natynettle, @kschake, @bmeson.lucyparsonslabs.com, and @jsrailton. Threads: @mwi.invest
X: @wcathcart, @jsrailton, @jsrailton, @jsrailton, @accessnow, @richards1052, @wcathcart, @jsrailton, @mikeisaac, @iampaulgrewal, @wcathcart, @jsrailton, @jim_goblue, @swiftstories, @jsrailton, @jsrailton, @jsrailton, @jsrailton, @jsrailton, @carolecadwalla, @jimstewartson, and @rondeibert. Forums: r/privacy
| VideoCardz.com: |
FCC listings show two new Asus ROG Ally 2 handhelds with an Xbox button, AMD chips, 64GB of RAM, larger grips, and two USB-C ports, likely set for Computex 2025 — ROG Ally 2 leaks: new design, larger screen and Xbox version — ASUS is about to announce a new generation of gaming handhelds …
More: Engadget, Windows Central, Tom's Hardware, The Verge, Club386, T3, Laptop Mag, Polygon, TechEBlog, 9to5Toys, KnowTechie, KitGuru, Gameranx, Neowin, GamesRadar, Tom's Guide, Metro.co.uk, Digital Trends, TechPowerUp, The Shortcut, Tech4Gamers, XboxEra, Pure Xbox, Press Start, Eurogamer.net, and Screen Rant
Forums: r/Amd, r/ROGAlly, r/hardware, and r/indotech
| MacKenzie Sigalos / CNBC: |
Chainalysis: ~2M wallets have bought President Trump's $TRUMP memecoin, of which ~764K have lost money and 58 have made $10M+ each, totaling ~$1.1B in gains — WATCH NOW — About 764,000 wallets that purchased President Donald Trump's $TRUMP meme coin have lost money on the investment …
More: DL News, PYMNTS.com, TheStreet, Mediaite, Coinpedia Fintech News, Richard Blumenthal, Daily Mail, and Financial Times
Bluesky: @carlquintanilla, @eliothiggins, @proudlyblue, @ihatetrump4ever, @kolchak, @fridaghitis, and @raydouglas. LinkedIn: Rebecca Patterson
Forums: r/QuiverQuantitative, r/Buttcoin, r/skeptic, r/LeopardsAteMyFace, r/politics, r/DeFranco, and r/NoShitSherlock
| Bloomberg: |
Analysis: the majority of the top 220 holders of President Trump's memecoin likely reside outside the US, ahead of a May 22 dinner; Justin Sun likely holds $18M — The majority of top holders of Donald Trump's memecoin have used foreign exchanges that say they ban US users, suggesting many purchasers are based abroad| Natalie Lung / Bloomberg: |
Uber reports Q1 revenue up 14% YoY to $11.5B, Gross Bookings up 14% YoY to $42.8B, vs. $43.1B est., trips up 18% YoY to 3B, and $1.8B in net income — Uber Technologies Inc. reported weaker-than-expected quarterly gross bookings, citing lower US inbound travel that's led to slower gains in its rideshare business.| Jennifer Elias / CNBC: |
More: Tech in Asia and TheStreet
| Sarah Butler / The Guardian: |
Amazon unveils Vulcan, a sorting robot with a sense of touch that will be able to grab ~75% of its warehouse items, rolling out globally in the next few years — Vulcan device ‘capable of grabbing three-quarters of items in warehouses’ fuels fears of mass job losses| Shirin Ghaffary / Bloomberg: |
OpenAI unveils OpenAI for Countries, an initiative to help build out AI infrastructure and customize OpenAI's products for specific languages and local needs — OpenAI plans to invest in efforts outside of the US to develop the infrastructure necessary to run artificial intelligence systems …
More: OpenAI, Financial Times, BGR, and Axios
| Ashley Capoot / CNBC: |
Nvidia CEO Jensen Huang says that China's AI market will likely reach ~$50B in the next two to three years, and missing out on it would be a “tremendous loss” — Nvidia CEO Jensen Huang said on Tuesday that China's artificial intelligence market will likely reach about $50 billion …
More: Business Insider, Bloomberg, WebProNews, Yahoo Finance, Watcher Guru, Fortune, South China Morning Post, Benzinga, TechNode, en.people.cn, and Wall Street Pit. Forums: r/NvidiaStock
| Belle Lin / Wall Street Journal: |
IBM CEO Arvind Krishna says the company used AI agents to replace the work of 200+ HR employees and, as a result, hired more programmers and salespeople — The tech company promises higher total employment as it reinvests resources toward roles like software development| Sapna Maheshwari / New York Times: |
At a Manhattan event, TikTok executives tried to reassure ad clients, saying that “we are absolutely confident” in TikTok and “in the future of this platform” — The company's executives tried to reassure potential advertisers about the app's future … | Dean Seal / Wall Street Journal: |
Memo: CrowdStrike CEO George Kurtz says the company will cut ~500 jobs, or 5% of its global workforce, and expects to incur $36M to $56M in severance charges — Cybersecurity company will continuing to hire customer-facing and product-engineering roles — CrowdStrike said it will cut about 500 jobs …
More: Investor's Business Daily, Bloomberg, Reuters, and Barron's Online
| Micah Lee / micahflee: |
Analysis: TM SGNL, TeleMessage's modified version of Signal used by senior Trump officials, sends decrypted, plaintext chat logs to TeleMessage's archive server — Despite their misleading marketing, TeleMessage, the company that makes a modified version of Signal used by senior Trump officials …
More: Wired, Metacurity, Washington Post, 404 Media, U.S. Senator Ron Wyden …, WinBuzzer, KGW-TV, NBC News, and Ars Technica
Bluesky: @mjgault, @joemenn, @riana, @katie-drummond, and @micahflee.com
Mastodon: @funnymonkey@freeradical.zone, @josephcox@infosec.exchange, @micahflee@infosec.exchange, @heidilifeldman@mastodon …, and @mattblaze@federate.social. X: @austinc3301
Forums: Hacker News, r/technology, r/politics, r/neutralnews, and r/cybersecurity
| Todd Bishop / GeekWire: |
AWS survey of 3,739 senior IT decision-makers across nine countries: 45% say generative AI is their top spending priority in 2025, 30% security, and 13% compute — Generative AI will surpass cybersecurity in many corporate tech budgets this year — with 45% of global IT leaders naming … | Andrew Liszewski / The Verge: |
Amazon updates Kindle for iOS to add a prominent orange “Get book” button, enabling purchases via a mobile browser, after the Epic v. Apple ruling on April 30 — Amazon has updated its Kindle iOS app to take advantage of recent changes to Apple's App Store rules.
More: 9to5Mac, Six Colors, Spyglass, Good e-Reader, Daring Fireball, Put the knife …, Michael Tsai, Dexerto, Pocket-lint, MacStories, MacRumors, MakeUseOf, Ars Technica, and Business Insider
Bluesky: @lu.is and @quinnypig.com
Mastodon: @tsturm@famichiki.jp, @matt@isfeeling.social, and @harrymccracken@mastodon …
Threads: @benedictevans, @mgsiegler, @crumbler, and @joshteder
X: @timsweeneyepic, @adamconner, @markrein, @richontech, @parkerortolani, @dhh, @dhh, and @joshgans
Forums: r/apple, Slashdot, and MacRumors Forums
| Lucy Colback / Financial Times: |
A look at the hype and reality surrounding AI agents, currently used primarily by companies to boost efficiency and cut costs, rather than drive top-line growth — An in-depth look at the hype and reality around “agentic AI” — the use of AI agents that perform tasks autonomously.
More: Gadgets 360, Tech in Asia, and Computerworld
| MacKenzie Sigalos / CNBC: |
The US CFPB says it will stop enforcing a Biden-era rule that treats BNPL firms like credit card lenders; Affirm and other BNPL firms had opposed to the rule — For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule … | Sam Becker / Fast Company: |
Cisco says it built a prototype entanglement source chip that could cut the timeline for practical quantum computing by up to a decade, and opens a quantum lab — The networking company is the latest to announce a breakthrough as the race heats up to bring the transformative technology to the masses.| Daniel Kuhn / The Block: |
New Hampshire becomes the first US state to pass a Strategic Bitcoin Reserve bill, permitting public fund investment in bitcoin, either directly or via an ETF — - New Hampshire has become the first state to pass a “Strategic Bitcoin Reserve” bill, according to Satoshi Action Fund founder Dennis Porter.| Mary Ann Azevedo / TechCrunch: |
Amsterdam-based neobank Finom raised €92.7M from General Catalyst and says it serves 100K+ SMBs across Germany, France, Spain, the Netherlands, and Italy — Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) …
More: Finextra, EU-Startups, Tech in Asia, and Silicon Canals
| Kyle Wiggers / TechCrunch: |
Mistral releases Mistral Medium 3, which it says focuses on efficiency without compromising performance, for $0.40 per 1M input and $20.80 per 1M output tokens — French AI startup Mistral is releasing a new AI model, Mistral Medium 3, that's focused on efficiency without compromising performance.| Fabian Cambero / Reuters: |
AWS says it plans to invest $4B to build its first data centers and cloud infrastructure in Chile, set to open in H2 2026, and will try to use minimal water — Amazon's cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile …
More: DatacenterDynamics
| Financial Times: |
DoorDash's planned Deliveroo acquisition renews questions about the UK's ability to attract and retain large tech listings in the face of New York's dominance — £2.9bn takeover brings end to app's UK listing after ‘worst ever’ initial public offering
More: BBC, The Independent, The Daily Upside, The Times, Sifted, The Information, and Financial Times
| Bloomberg: |
US credit and debit card data: Shein's US sales dropped 23% during the week of April 25 to May 1 compared to the prior seven days, while Temu's sales fell 17% — Shein posted a 23% drop in observed US sales during the week of April 25 to May 1, compared to the prior seven days …
More: Reuters
| Counterpoint Research: |
In 2024, Apple Watch sales fell 19%, the second consecutive year of decline, mainly driven by a drop in North America; no new Watch SE models weighed on sales — - The lack of a new SE model weighed most on shipment growth. — Fewer upgrades to the latest Watch Series 10, more competition … | Ian King / Bloomberg: |
AMD reports Q1 revenue up 36% YoY to $7.4B, vs. $7.12B est., Data Center revenue up 57% to $3.7B, vs. $3.66B est., and forecasts Q2 sales above estimates — The guidance stems from an export restriction imposed in April that targeted AMD's MI308 chips, the company said during an earnings call on Tuesday.Sponsor Posts
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