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May 8, 2025, 10:30 AM
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memeorandum
WeSmirchTop News
| 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, UPI, The Information, Fortune, WinBuzzer, Blockchain.News, and The Economic Times
| 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:
More: The Information, The Information, Business Insider, Moneycontrol, TechCrunch, CNBC, and Reuters
| 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, Video Games Chronicle, GamesRadar, Polygon, Gameranx, CNBC, TechSpot, Reuters, TheGamer, iPhone in Canada Blog, Tech4Gamers, Financial Times, Screen Rant, Nintendo, GoNintendo, Tech Xplore, Tech in Asia, and The Japan Times. Forums: r/nintendo
| David Wallace-Wells / New York Times: |
Q&A with Bill Gates on closing the Gates Foundation on December 31, 2045, donating ~$200B, President Trump, Elon Musk, AI drug discovery, AI advances, and more — Today the Gates Foundation celebrates its 25th anniversary by announcing its plans to close up shop.
More: Financial Times, The Verge, TechCrunch, Axios, GeekWire, CBS News, Barron's Online, Semafor, Business Insider, Reuters, Associated Press, and New York Post
Bluesky: @marypcbuk, @tdpattillo, @tonytassell, @stephenkb, and @robertscotthorton
X: @billgates, @billgates, @stefanfschubert, @dwallacewells, @dwallacewells, @jerusalemdemsas, @akshatrathi, and @gersonborrero
Forums: r/TeslaModelY and r/politics
| 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: CNN, Tom's Hardware, Wall Street Journal, eeNews Europe, VentureBeat, Reuters, FX Empire, City A.M., Quartz, Tech Monitor, CNBC, Tech in Asia, WinBuzzer, TechHQ, TrendForce News, Wall Street Pit, The Japan Times, Senator Pete Ricketts, and Axios
X: @deitaone, @spencerhakimian, @andrewcurran_, @annmarie, @senatorricketts, @stephaniealai, @ashleyrgold, @nvidianewsroom, @amitisinvesting, @pstasiatech, @danielnewmanuv, @firstadopter, @capitalobserver, and @tradelawnews. LinkedIn: Joshua Geltzer
Forums: r/technology and Slashdot
| 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, Beyond Search, 9to5Mac, WebProNews, TechSpot, and Search Engine Journal
Forums: Slashdot, Slashdot, and MacRumors Forums
| Bloomberg: |
More: Wall Street Journal, CNBC, The Verge, Business Insider, The Verge, 9to5Mac, Fortune, PCMag, MacRumors, Ars Technica, Yahoo Finance, Finbold, Quartz, Tasnim News Agency, MacStories, TipRanks Financial, 9to5Mac, AppleInsider, CNBC, Search Engine Roundtable, The Verge, Sherwood News, Spyglass, Analytics India Magazine, Reuters, City A.M., Verdict, Tom's Guide, O'Grady's PowerPage, Gadgets 360, SiliconANGLE, Daring Fireball, Mashable, WinBuzzer, 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: @pkafka, @munster_gene, @munster_gene, @garrytan, @khushitavasant, @signulll, @brandonbutch, @pkafka, @markgurman, @aravsrinivas, @marvinvonhagen, @rihardjarc, @pkafka, @pkafka, @parkerortolani, @benbajarin, @rihardjarc, @stockmktnewz, @matthewstoller, @markgurman, @zerohedge, and @deitaone. LinkedIn: LinkedIn
Forums: r/apple, r/artificial, r/technology, r/technews, r/wallstreetbets, Slashdot, Ars OpenForum, and MacRumors Forums
| Mark Gurman / Bloomberg: |
| 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, GameSpot, Gadgets 360, Eurogamer.net, Push Square, The Shortcut, Video Games Chronicle, TechRadar, Metro.co.uk, Slant Magazine, PC Gamer, TheGamer, and Comic Book
X: @rockstargames and @rockstargames
| 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.| 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 … | 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, GamesRadar, Dexerto, GoNintendo, Push Square, Nintendo Life, and Destructoid
X: @palworld_en, @amagicmonkfish, @morphboxsr, and @vamplosion
Forums: r/pcgaming, r/gaming, and r/TwoBestFriendsPlay
| 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: The Decoder, 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: @sandibachom and @oversightdems
Forums: r/EnoughMuskSpam, r/inthenews, r/USNewsHub, and r/politics
| 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, The Decoder, WinBuzzer, Tech in Asia, and VentureBeat
X: @anthropicai, @anthropicai, @llama_index, and @chu_onthis
Forums: Hacker News and r/ClaudeAI
| 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
| 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 … | David Shepardson / Reuters: |
In prepared Senate testimony, Microsoft and others urge US lawmakers to streamline federal AI energy permits and open government data sets for AI training — Microsoft (MSFT.O) and other AI leaders on Thursday will urge U.S. lawmakers to streamline federal permitting for artificial intelligence energy needs … | Mary Ann Azevedo / TechCrunch: |
Stripe announces an AI foundation model for payments, plans for stablecoin-powered accounts, a new Orchestration offering, a recent Nvidia migration, and more — Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event.
More: Stripe, Blockworks, CoinDesk, Stripe Documentation, Cointelegraph, NewsBTC, The Crypto Times, The Block, Blockhead, Cryptopolitan, Decrypt, crypto.news, PYMNTS.com, CryptoSlate, and Stripe
X: @thegautam and @stripe
| 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| 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.| Rebecca Bellan / TechCrunch: |
Reddit CEO Steve Huffman says the service will work with “various third-party services” to verify a user's humanity, after an AI experiment in r/ChangeMyView — Redditors around the world were scandalized last week after learning that a team of researchers released a swarm of AI-powered … | 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.| 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, @bethsawin, @thecynicist, and @markgongloff. Mastodon: @tante@tldr.nettime.org. X: @mattmday
| Reuters: |
TPG and Corpay agree to acquire North Carolina-based payment processing 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 … | Ben Schoon / 9to5Google: |
Samsung plans to debut the Galaxy S25 Edge at a May 12 virtual event on YouTube at 8pm ET, and those who reserve the super-slim device now will get 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, TalkAndroid.com, ZDNET, Livemint, Techaeris, GSMArena.com, Gadgets 360, Business Today, Gizchina.com, Digital Trends, TechCity, Neowin, Mashable, HotHardware, 9to5Toys, SamMobile, BGR, Android Authority, The Verge, Gizmodo, The Shortcut, XDA Developers, Android Police, and Pocket-lint
| 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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