| David K. Li / NBC News: |
An Arizona man was sentenced to 10.5 years in prison after his deceased victim gave an impact statement to the court via an AI-generated video — The defendant got the maximum of 10½ years for the 2021 murder. His attorney called the presentation “inflammatory,” providing grounds for appeal.| Mark Gurman / Bloomberg: |
Sources: Apple aims to have TSMC mass produce a chip for its smart glasses, with greater power efficiency and multi-camera control, by end of 2026 or in 2027 — The company has made progress on the chip that it's developing for smart glasses, according to people with knowledge of the matter.| Chris Dolmetsch / Bloomberg: |
A US judge sentences Celsius founder and former CEO Alex Mashinsky to 12 years in prison, after he pleaded guilty to commodities fraud and misleading investors — Whoop Launches Slimmer Fitness Bands With Blood Pressure, ECG Features — Review: The Whoop 5.0 and MG — short for medical grade … | Steven T. Dennis / Bloomberg: |
Senate Democrats block the Genius Act after Republicans rebuffed a provision to bar Trump and others from profiting off of crypto ventures while in office — Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald Trump's extensive … | Yuki Furukawa / Bloomberg: |
Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year — The supplier of lithium-ion batteries to Tesla Inc. said the job cuts target 5,000 employees in Japan and 5,000 overseas and would take place mostly in the current fiscal year.| Karissa Bell / Engadget: |
Meta rolls out its Account Status feature to Threads, letting users see when the company has removed or demoted posts or handed out other penalties — Threads will finally start giving users more visibility into when their accounts are penalized for breaking its rules.| Sarah Perez / TechCrunch: |
| MacKenzie Sigalos / CNBC: |
Affirm reports Q3 revenue up 36% YoY to $783M, vs. $783M est., GMV up 36% to $8.6B, above est., and forecasts Q4 revenue below est.; AFRM drops 8%+ after hours — WATCH NOW — Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter … | Fortune: |
Sources: Meta is in discussions with crypto firms to introduce stablecoins as a means to manage payouts, and has hired a VP of product with crypto experience — Mark Zuckerberg, CEO of Meta, speaks at a conference in September. — In 2019, Meta announced an audacious project … | Jonathan Vanian / CNBC: |
Pinterest reports Q1 revenue up 16% YoY to $855M, vs. $847M est., MAUs up 10% to 570M, and forecasts Q2 revenue above estimates; PINS jumps 15%+ after hours — Pinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance.| Akash Sriram / Reuters: |
Lyft reports Q1 revenue up 14% YoY to $1.45B, vs. $1.47B est., increases its share buyback program to $750M after activist pressure; LYFT jumps 7%+ after hours — Lyft (LYFT.O) increased its stock buyback program to $750 million and posted a 14% rise in first-quarter revenue on Thursday … | Paige Smith / Bloomberg: |
Memo: the US CFPB discontinues its order designating the supervision of Google Payment, saying the Biden-era decision is an “unwarranted use” of CFPB's powers — The supervision of Google Payment would be “an unwarranted use of the Bureau's powers and resources,” … | Reinhardt Krause / Investor's Business Daily: |
Cloudflare reports Q1 revenue up 27% YoY to $479.1M, vs. $469.3M est., and forecasts Q2 revenue of $500M to $501M, vs. $500.4M est.; NET jumps 8%+ after hours — Cloudflare (NET) stock climbed Thursday after the company reported first-quarter earnings that met views while revenue topped Wall Street targets.| Aisha Malik / TechCrunch: |
Google rolls out AI-powered defenses to help combat scams on Chrome, including the use of Gemini Nano, its on-device LLM, in Enhanced Protection mode on desktop — Google announced on Thursday that it's rolling out new AI-powered defenses to help combat scams on Chrome.| Helene Braun / CoinDesk: |
Coinbase Q1: revenue up 23% YoY to $2B, vs. $2.1B est., net income down 94% YoY to $66M, trading volume up 26% YoY to $393B, and $0.24 EPS, vs. $1.93 est. — Shares of Coinbase (COIN) fell nearly 3% in post-market trading after it reported a significant drop in revenue in the first quarter of the year … | Sarah Perez / TechCrunch: |
Appfigures estimates Apple's US App Store revenue from commissions was ~$10.1B in 2024, more than doubling from ~$4.76B in 2020 — Over $10 billion — that's how much revenue Apple's U.S. App Store raked in last year, according to a new analysis by app intelligence provider Appfigures.
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| Coco Feng / South China Morning Post: |
| Scharon Harding / Ars Technica: |
| Michael Nuñez / VentureBeat: |
| Chris Cameron / New York Times: |
| Washington Post: |
| Chris Vallance / BBC: |
| Gaby Del Valle / The Verge: |
| Paul Sandle / Reuters: |
| Riley Griffin / Bloomberg: |
| Tanaya Macheel / CNBC: |
| Victoria Kennedy / Eurogamer.net: |