| David K. Li / NBC News: |
A US judged sentenced an Arizona man to the maximum 10.5 years in prison after his deceased victim gave the court an impact statement 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.| Steven T. Dennis / Bloomberg: |
Senate Democrats block the Genius Act for stablecoins after Republicans rebuffed barring 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 … | Tripp Mickle / New York Times: |
How Apple's extraordinary measures to preserve App Store commissions after the Epic v. Apple trial resulted in a contempt ruling and damaged its credibility — Court documents show the company commissioned a sham report and lied on the stand to justify its actions, which will cast a shadow over future lawsuits.| 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 … | MacKenzie Sigalos / CNBC: |
Affirm reports Q3 revenue up 36% YoY to $783M, vs. $783M est., GMV up 36% YoY to $8.6B, above $8.2B est., and forecasts Q4 revenue below est.; AFRM drops 5%+ — WATCH NOW — Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter … | Karissa Bell / Engadget: |
Meta brings its Account Status feature to Threads, letting users see when the company has removed or demoted their posts or handed out other account penalties — Threads will finally start giving users more visibility into when their accounts are penalized for breaking its rules.| Sarah Perez / TechCrunch: |
| Sarah Perez / TechCrunch: |
Appfigures estimates Apple made $10.1B in revenue from US App Store commissions in 2024, up from $4.8B in 2020, $6.7B in 2021, $7.4B in 2022, and $8.8B in 2023 — 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.| 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.| Jonathan Vanian / CNBC: |
Pinterest reports Q1 revenue up 16% YoY to $855M, vs. $847M est., MAUs up 10% YoY to 570M, and forecasts Q2 revenue above estimates; PINS jumps 10%+ — 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., and increases its share buyback program to $750M after activist pressure; LYFT jumps 20%+ — Lyft (LYFT.O) increased its stock buyback program to $750 million and posted a 14% rise in first-quarter revenue on Thursday … | 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 5%+ — Cloudflare (NET) stock climbed Friday after the company reported first-quarter earnings that met views while revenue topped Wall Street targets.| Fortune: |
Sources: Meta is talking to crypto firms about introducing stablecoins for managing payouts, and in January 2025 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 … | Michael Nuñez / VentureBeat: |
Alibaba researchers detail ZeroSearch, a technique allowing LLMs to develop advanced search capabilities via simulation, claiming it cuts costs by up to 88% — Researchers at Alibaba Group have developed a novel approach that could dramatically reduce the cost and complexity of training AI systems … | 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 its powers — The supervision of Google Payment would be “an unwarranted use of the Bureau's powers and resources,” … | Scharon Harding / Ars Technica: |
Broadcom is sending cease-and-desist letters to owners of VMware perpetual licenses with expired support contracts, to push them to buy VMware product bundles — Broadcom has been sending cease-and-desist letters to owners of VMware perpetual licenses with expired support contracts, Ars Technica has confirmed.
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| Coco Feng / South China Morning Post: |
| Chris Cameron / New York Times: |
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| Helene Braun / CoinDesk: |
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| Aisha Malik / TechCrunch: |
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