Techmeme
May 7, 2025, 10:45 PM

Top News

Bloomberg:
US v. Google: Eddy Cue says Apple is looking at reshaping Safari to focus on AI search, and Safari searches dropped for the first time in April; GOOG drops 7.5%  —  Apple Inc. is “actively looking at” reshaping the Safari web browser on its devices to focus on AI-powered search engines …
Bloomberg:
The Commerce Department says it will rescind the Biden-era “AI diffusion rule”, which limits exports of AI chips and is set to take effect on May 15  —  The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions …
Lauren Forristal / TechCrunch:
Netflix unveils its ChatGPT-powered search that lets users express preferences using natural phrases, to be rolled out this week to iOS users as an opt-in beta  —  After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday.
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.
Jay Peters / The Verge:
Washington Post:
Internal messages show how the US State Department, in conjunction with trade talks, pushed nations facing tariffs to clear regulatory hurdles for Starlink  —  Some countries have turned to the satellite internet firm in conjunction with trade talks, State Department staffers wrote.
Ian King / Bloomberg:
Arm reports Q4 revenue up 34% YoY to $1.24B, vs. $1.23B est., royalty revenue up 18% to $607M, and forecasts Q1 revenue below est.; ARM drops 8%+ after hours  —  Arm Holdings Plc declined in late trading after giving a disappointing sales forecast for the current quarter …
Washington Post:
Sources: DOGE plans to build a centralized database with troves of personal information about millions of US residents, sometimes bypassing security protocols  —  The goal — a centralized system with unprecedented access to data about Social Security, taxes, medical diagnoses …
The Information:
Sources: Meta is once again considering facial recognition for its smart glasses and other devices, after abandoning the idea over ethical concerns in 2021  —  Back in 2021, Mark Zuckerberg and other top Facebook executives were dreaming big about how to design the company's first generation of smart glasses.
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 …
Mike Scarcella / Reuters:
A US court rejects a legal challenge by the FTC to Microsoft's $69B Activision Blizzard acquisition, upholding a lower court ruling that denied an injunction  —  A federal appeals court on Wednesday rejected a legal challenge by the U.S. Federal Trade Commission to Microsoft's (MSFT.O) …
James D. Walsh / New York Magazine:
How ChatGPT and other AI tools enable systemic cheating in college, unravelling the entire academic project; one student says “the ceiling has been blown off”  —  ChatGPT has unraveled the entire academic project.  —  Chungin “Roy” Lee stepped onto Columbia University's campus …
Bloomberg:
Filing: Apple seeks to pause the part of the April 30 US federal court ruling that blocked it from charging App Store commissions on outside transactions  —  The company is appealing a federal judge's ruling last week in its long-running fight with Epic Games Inc. that the iPhone maker failed …
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 …
Muyao Shen / Bloomberg:
Sources: Robinhood plans a blockchain-based platform to let retail investors in Europe trade US securities, and considered partnerships with Arbitrum and Solana  —  The venture will be likely launched through a partnership with a digital-asset firm, according to the people.
Kyle Wiggers / TechCrunch:
Mistral releases Medium 3, which it says focuses on efficiency without compromising performance, for $0.40 per 1M input tokens, and launches Le Chat Enterprise  —  French AI startup Mistral is releasing a new AI model, Mistral Medium 3, that's focused on efficiency without compromising performance.
Natalie Lung / Bloomberg:
Uber reports Q1 revenue up 14% YoY to $11.5B, Gross Bookings up 14% YoY to $42.8B, below $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:
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
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
MacKenzie Sigalos / CNBC:

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Earlier Picks

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