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May 8, 2025, 9:45 AM
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| OpenAI: |
OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO and focus on research, compute, and safety — Sam shared this message with the company earlier today: — Hi everyone - I have some exciting news to share.
More: Decrypt, PYMNTS.com, Adweek, The Information, UPI, Fortune, Blockchain.News, and WinBuzzer
| Fidji Simo / Instacart Corporate Blog: |
Instacart CEO Fidji Simo tells employees that she is leaving in a couple of months, the new CEO will be a management team member, and she will stay on as Chair — Instacart CEO and Chair Fidji Simo shared the email below with Instacart employees this evening. You can read it in full here:| Takashi Mochizuki / Bloomberg: |
Nintendo projects Switch 2 sales will reach 15M units for the fiscal year ending March 2026, below 16.8M est., and ~$2.2B in annual operating profit, below est. — What Trump's ‘Golden Dome’ Can Learn From Israeli Air Defenses — An exclusive look at what Israel's upgraded air defense system can …
More: HotHardware, Engadget, GamesRadar, TechSpot, TheGamer, CNBC, Reuters, Video Games Chronicle, iPhone in Canada Blog, Tech4Gamers, Financial Times, Tech Xplore, Nintendo, Tech in Asia, GoNintendo, Daily Sabah, and The Japan Times. Forums: r/nintendo
| Yuri Kageyama / Associated Press: |
Nintendo reports FY 2024-25 revenue down 30% YoY to ~$8B, profit down 43% YoY to ~$1.9B, and says the Switch has 128M+ players globally eight years after launch — Japanese video-game maker Nintendo on Thursday reported a 43% decline in profit for the fiscal year through March …
More: Game Developer, GamesIndustry.biz, VentureBeat, and Variety
| The Keyword: |
Google says it is continuing to see “overall query growth in Search”, including “an increase in total queries coming from Apple's devices and platforms” — We continue to see overall query growth in Search. That includes an increase in total queries coming from Apple's devices and platforms.
More: AppleInsider, Barron's Online, 9to5Mac, Beyond Search, WebProNews, TechSpot, and Search Engine Journal
Forums: Slashdot, Slashdot, and MacRumors Forums
| Bloomberg: |
More: Wall Street Journal, CNBC, Business Insider, The Verge, Fortune, The Verge, 9to5Mac, PCMag, MacRumors, Yahoo Finance, Ars Technica, Quartz, MacStories, TipRanks Financial, 9to5Mac, Search Engine Roundtable, CNBC, AppleInsider, Analytics India Magazine, The Verge, Spyglass, Reuters, City A.M., Tom's Guide, Verdict, O'Grady's PowerPage, Gadgets 360, SiliconANGLE, Daring Fireball, Mashable, WinBuzzer, Cryptopolitan, Wccftech, TheStreet, Interesting Engineering, The National, Bloomberg, Yahoo Finance, Gizmodo, TechRadar, Cult of Mac, Wall Street Pit, Capital Brief, MacRumors, New York Post, and Philip Elmer‑DeWitt
Bluesky: @jackjenkins.me and @caseynewton
X: @khushitavasant, @signulll, @brandonbutch, @pkafka, @munster_gene, @pkafka, @munster_gene, @garrytan, @aravsrinivas, @marvinvonhagen, @rihardjarc, @pkafka, @pkafka, @parkerortolani, @rihardjarc, @benbajarin, @stockmktnewz, @matthewstoller, @markgurman, @zerohedge, and @deitaone
Forums: r/apple, r/artificial, r/technology, r/technews, r/wallstreetbets, Slashdot, Ars OpenForum, and MacRumors Forums
| Mark Gurman / Bloomberg: |
| Bloomberg: |
The US Commerce Department says it will rescind the Biden-era “AI diffusion rule” to limit AI chip exports from May 15, replacing it “with a much simpler rule” — The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort …
More: Wall Street Journal, eeNews Europe, VentureBeat, Reuters, FX Empire, Tech Monitor, City A.M., Quartz, CNBC, TrendForce News, Wall Street Pit, Tech in Asia, WinBuzzer, TechHQ, The Japan Times, Senator Pete Ricketts, and Axios
X: @deitaone, @amitisinvesting, @pstasiatech, @spencerhakimian, @danielnewmanuv, @andrewcurran_, @firstadopter, @annmarie, @senatorricketts, @stephaniealai, @capitalobserver, @ashleyrgold, @tradelawnews, and @nvidianewsroom. LinkedIn: Joshua Geltzer
Forums: r/technology and Slashdot
| David Wallace-Wells / New York Times: |
Q&A with Bill Gates on closing the Gates Foundation on December 31, 2045, giving away ~$200B, Trump, Elon Musk, AI drug discovery, AI's potential, and more — Today the Gates Foundation celebrates its 25th anniversary by announcing its plans to close up shop.
More: Financial Times, Axios, Semafor, Business Insider, Reuters, CBS News, Associated Press, and New York Post
Bluesky: @marypcbuk, @tdpattillo, @tonytassell, @stephenkb, and @robertscotthorton
X: @billgates, @stefanfschubert, @billgates, @dwallacewells, @dwallacewells, @jerusalemdemsas, @gersonborrero, and @akshatrathi. Forums: r/politics
| Andrew Webster / The Verge: |
Rockstar says its second Grand Theft Auto VI trailer was “captured entirely in-game from a PlayStation 5, comprised of equal parts gameplay and cutscenes” — The trailer was also captured entirely in-game from a PS5. … A second trailer for Grand Theft Auto VI had a surprise drop this week …
More: Rockstar Games on YouTube, The Hollywood Reporter, Digital Foundry on YouTube, GamesIndustry.biz, KitGuru, Pure Xbox, Gadgets 360, Eurogamer.net, The Shortcut, Push Square, TechRadar, Metro.co.uk, Video Games Chronicle, TheGamer, Slant Magazine, PC Gamer, Comic Book, and Tech4Gamers
X: @rockstargames and @rockstargames
| Wired: |
Sources: OpenAI employees met with the US FDA and two DOGE associates multiple times in recent weeks to discuss cderGPT, a project likely around drug evaluation — High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT.
More: TechCrunch, WinBuzzer, Reuters, and Tech in Asia
| Washington Post: |
More: Raw Story, Letters from an American, and CleanTechnica
Bluesky: @thebulwark.com, @bmcclendon, @galetstrong, @thebulwark.com, @snarky-op, @paleofuture, @exceedhergrasp1, @metacurity.com, @sandibachom, @joemenn, @adamkeiper.com, @pamherd, @michaelsderby, @michaeljstern, @thebulwark.com, and @jilldlawrence
X: @oversightdems and @sandibachom
Forums: r/EnoughMuskSpam, r/inthenews, r/USNewsHub, and r/politics
| Lawrence Abrams / BleepingComputer: |
Hackers defaced the LockBit ransomware gang's dark web affiliate panels, linking to a MySQL database dump, including 59,975 BTC addresses and 4,442 victim chats — The LockBit ransomware gang has suffered a data breach after its dark web affiliate panels were defaced and replaced with a message linking to a MySQL database dump.| Victoria Kennedy / Eurogamer.net: |
Palworld developer Pocketpair says a 2024 update was due to “ongoing litigation” and a new update is “yet another compromise”, as it disputes Nintendo's claims — “We... assert the invalidity of the patents in question.” — Palworld developer Pocketpair has released …
More: Video Games Chronicle, Forbes, The Verge, Pocketpair, Windows Central, Comic Book, TheGamer, TechRaptor, Game Rant, Polygon, Destructoid, GamesRadar, Dexerto, GoNintendo, Push Square, and Nintendo Life
X: @palworld_en, @amagicmonkfish, @morphboxsr, and @vamplosion
Forums: r/pcgaming, r/gaming, and r/TwoBestFriendsPlay
| Kyle Wiggers / TechCrunch: |
Anthropic adds web search to its API, starting at $10 per 1,000 searches, giving Claude 3.7 Sonnet, 3.5 Sonnet, and 3.5 Haiku access to up-to-date information — Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build Claude-powered apps …
More: Anthropic, Tech in Asia, WinBuzzer, WebProNews, and VentureBeat
X: @anthropicai, @anthropicai, @llama_index, and @chu_onthis
Forums: Hacker News and r/ClaudeAI
| Bloomberg: |
Filing: Apple seeks to pause part of the April 30 Epic v. Apple US court order that blocks it from charging commissions on transactions outside the App Store — 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 … | Kevin Purdy / Ars Technica: |
An interview with curl project founder Daniel Stenberg, who likens “AI slop” in HackerOne submissions to a DDoS attack, echoing Seth Larson and others' concerns — “A threshold has been reached. We are effectively being DDoSed. If we could, we would charge them for this waste of our time …
More: HackerOne, Socket, and Cyber Security News
Bluesky: @campuscodi.risky.biz. Mastodon: @Weld@infosec.exchange. LinkedIn: Daniel Stenberg. Forums: Slashdot and Ars OpenForum
| Financial Times: |
The European Commission is facing pressure from member states, led by Ireland, to force Google, Meta, and others to vet financial ads on social media for scams — EU member states push for rule change to make tech groups shoulder responsibility for fraud that costs billions each year| Tobias Mann / The Register: |
IBM survey of 2,000 CEOs from 33 countries: 25% of AI initiatives have delivered the expected ROI over the past few years, and 16% have scaled enterprise wide — Just 1 in 4 bets paying off so far — Only a quarter of AI initiatives have delivered the expected return on investment, according to an IBM survey of 2,000 CEOs.| Danny Park / The Block: |
The US OCC says banks can buy and sell customers' crypto assets on their behalf and can outsource crypto custody and trade execution services to third parties — - The OCC clarified that national banks are permitted to execute cryptocurrency buy and sell orders on behalf of their customers.| Reuters: |
TPG and Corpay agree to acquire Charlotte, NC-based payment automation software provider AvidXchange for $2.2B, with Corpay investing ~$500M for a 33% stake — Global alternative asset manager TPG (TPG.O) will partner with Corpay (CPAY.N) to buy payments solutions provider AvidXchange … | Washington Post: |
Internal messages show how during trade negotiations, the US State Department pushed nations facing tariffs to clear regulatory hurdles for SpaceX's Starlink — Some countries have turned to the satellite internet firm in conjunction with trade talks, State Department staffers wrote.
More: TechCrunch, The Atlantic, The Bulwark, Notes From The Circus, The Independent, Tech in Asia, Raw Story, Benzinga, Gizmodo, Reuters, and The Register
Bluesky: @socialmedialab.ca, @vanhollen.senate.gov, @robertscotthorton, @thetnholler, @willoremus.com, @sababausa, @scondrasht, @repcasar, @grudgie, @authorwinifred, and @carlquintanilla
Mastodon: @dangillmor@mastodon.social and @dianshuo@mstdn.io
X: @jstein_wapo, @lpolgreen, @samstein, @jstein_wapo, @joroulette, @repcasar, and @tcfrankel
| Mary Ann Azevedo / TechCrunch: |
At Stripe Sessions, the company announced an AI foundation model for payments, plans for stablecoin-powered accounts, a recent migration with Nvidia, and more — Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event.
More: Stripe Documentation, Cointelegraph, Stripe, The Block, The Crypto Times, Bloomberg, Blockhead, Cryptopolitan, Decrypt, crypto.news, PYMNTS.com, CryptoSlate, and Stripe
X: @thegautam and @stripe
| Bloomberg: |
Analysis: ~66% of US data center projects built or in development since 2022 are in areas with high water stress, with five states having 72% of new facilities — Each time you ask an AI chatbot to summarize a lengthy legal document or conjure up a cartoon squirrel wearing glasses …
More: Forbes and Data Center Knowledge
Bluesky: @nullnein, @markgongloff, @bethsawin, and @thecynicist. Mastodon: @tante@tldr.nettime.org. X: @mattmday
| Lauren Thomas / Wall Street Journal: |
Coinbase agrees to acquire Dubai-based Deribit, the world's biggest trading platform for bitcoin and ether options, for ~$2.9B, including $700M in cash — Deribit is the world's biggest trading platform for bitcoin options — Coinbase Global has agreed to acquire Deribit …
More: Reuters, Bloomberg, Watcher Guru, CoinGape, crypto.news, CryptoSlate, and CryptoPotato
| Ben Schoon / 9to5Google: |
Samsung plans to launch the Galaxy S25 Edge at a May 12 virtual event at 8pm ET, and reservations for the super-slim device are now open with a $50 credit — After weeks of rumors and an apparent delay, Samsung has just announced a May 12 launch event for the Galaxy S25 Edge and has opened reservations for the device.
More: Samsung Newsroom, International Business Times, ZDNET, Livemint, Techaeris, GSMArena.com, Gadgets 360, Business Today, TechCity, Gizchina.com, Digital Trends, Neowin, Mashable, HotHardware, 9to5Toys, SamMobile, BGR, PCMag, SammyGuru, Tom's Guide, TechRadar, How-To Geek, Android Headlines, Engadget, Android Authority, The Verge, Gizmodo, The Shortcut, XDA Developers, Android Police, and Pocket-lint
| Spencer Soper / Bloomberg: |
Shopify reports Q1 revenue up 27% YoY to $2.36B, narrowly above $2.34B est., and GMV up 22% YoY to $74.6B, as tariffs weigh on its growth; SHOP drops 8%+ — The Canadian e-commerce company said it expects revenue growth for the quarter ending in June to be in the mid-twenties, compared with a year earlier.
More: BetaKit, Investor's Business Daily, Reuters, The Logic, Yahoo Finance, Shopify, MarketWatch, and WTOP News
| Jonathan Vanian / CNBC: |
AppLovin reports Q1 revenue up 40% YoY to $1.48B, vs. $1.38B est., net income up 144% to $576M, and forecasts Q2 revenue below est.; APP jumps 13%+ — AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business.| Neil Long / Mobilegamer.biz: |
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