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May 9, 2025, 4:50 PM
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Mediagazer
memeorandum
WeSmirchTop News
| Tripp Mickle / New York Times: |
How Apple's extraordinary measures to keep its App Store commissions after the Epic v. Apple trial led to a civil contempt ruling and weakened 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.
More: The Economic Times, iPhone in Canada Blog, David Smith …, and Tech in Asia
Bluesky: @jessefelder, @wavesblog, @wavesblog, and @paulthedogman
Mastodon: @marioguzman@mastodon.social and @ianb@mastodon.well.com
X: @matthewstoller and @wavesblog
| Zac Hall / 9to5Mac: |
Epic Games says it has submitted Fortnite to the US App Store for review — Update: Epic Games says it has submitted Fortnite to the U.S. App Store for review. The ball is now in Apple's court to approve the app submission. — If Fortnite does return to the U.S. App Store this week, it won't be before Friday.
More: MacRumors, Engadget, Thurrott, TechCrunch, AppleInsider, CNBC, PC Gamer, Kotaku, Mashable, iPhone in Canada Blog, BGR, MacDailyNews, 80 Level, Game Rant, The Mac Observer, PCMag, and Macworld
X: @fortnite, @apollozac, and @apollozac
| Jonathan Stempel / Reuters: |
Google agrees to pay $50M to settle a lawsuit accusing it of systemic racial bias against Black employees, covering 4,000+ employees in California and New York — Google agreed to pay $50 million to settle a lawsuit accusing the search engine company of systemic racial bias against Black employees.| Victoria Song / The Verge: |
Whoop launches Whoop 5.0, its latest screenless wearable, including a medical grade version with Healthspan, showing users how they are aging physiologically — It's appealing to non-athletes with more affordable subscriptions and more advanced health features like EKGs.
More: CNET, Bloomberg, TheStreet, iPhone in Canada Blog, Arabian Business, Business Today, Gadgets 360, Gadgets & Wearables, The Indian Express, Bloomberg, Forbes, ZDNET, Connect The Watts, The Boston Globe, Tom's Guide, TechRadar, Android Authority, T3, Wareable, Trusted Reviews, CNBC, nextpit, Digital Trends, and New York Times
Bluesky: @peesha-deel. X: @markgurman, @swarley75042565, @alexiskold, @biohacker, @sadirazamd, @danawollman, @yourgirlhils, @parsa_s, @swarley75042565, @thegarybrecka, @saparicioi, @willahmed, @goingparabolic, @csbeirne, @paul_sonnier, @markgurman, @willahmed, @willahmed, @robertjbye, @jakeheyen, @jackmurphylive, @heikelehner, @willahmed, @maxwinebach, @willahmed, @kwebbelkop, @ritwikpavan, @thisistechtoday, @willahmed, @swarley75042565, @maxwinebach, @liamhanel, @jefftangx, and @lebowski_eth
| Victoria Song / The Verge: |
Whoop sparks a backlash after asking its subscribers to pay to upgrade to 5.0, despite earlier promises of free hardware upgrades after six months of membership — Whoop promised members who'd been around at least six months would get free next-gen hardware. Now, you'll have to pay.
More: ZDNET, Engadget, Android Authority, Wareable, The Independent, Stuff, Mashable, T3, The Shortcut, and PCMag
| Charles Rollet / TechCrunch: |
Source: US DOL ended its probe into Scale AI's Fair Labor Standards Act compliance, after announcing a friendlier approach to classifying workers as contractors — The U.S. Department of Labor has dropped its investigation into Scale AI's compliance with the Fair Labor Standards Act …
More: Reuters
| Reed Albergotti / Semafor: |
Sources: the US Treasury asked Benchmark whether its Manus AI funding is covered by restrictions on investments in tech destined for “countries of concern” — THE SCOOP — The US Treasury Department is reviewing a Benchmark Capital-led $75 million investment in Chinese startup Manus AI … | Mary Ann Azevedo / TechCrunch: |
Rippling raised a $450M Series G at a $16.8B valuation, up from $13.4B during its $200M Series F in 2024; it is also conducting a $200M tender offer — HR tech startup Rippling has raised a $450 million Series G round at a $16.8 billion valuation, the company confirmed to TechCrunch.
More: PYMNTS.com, The Information, Reuters, and CNBC
X: @luke_metro and @lulumeservey
LinkedIn: Adi Asali, David Farhi, and Brooke Salyer
| MK Manoylov / The Block: |
Coinbase Derivatives, the company's CFTC-regulated derivatives arm, launches 24/7 Bitcoin and Ethereum futures trading for retail and institutional users — - Coinbase Derivatives, the firm's CFTC-regulated derivatives arm, will provide round-the-clock futures contracts trading for retail and institutional users starting today.
More: Coinbase, Decrypt, ZyCrypto, Bitcoin Magazine, CoinGape, FinSMEs, Benzinga, Crypto Briefing, crypto.news, CNBC, Blockworks, and Bitcoin Insider
| 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.
More: iPhone in Canada Blog, WebProNews, PCMag, Android Headlines, and Tech in Asia
| 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.
More: NPR, Associated Press, SiliconANGLE, Fast Company, Engadget, CNN, 404 Media, Reuters, New York Times, Mashable, PetaPixel, Dexerto, Reason, The Present Age, and Pivot to AI
Bluesky: @watts-the-point, @hollyqueenofspayeds.com, and @roseveleth.com. Mastodon: @rLok@apobangpo.space
LinkedIn: Jazz Rasool, Clara Lin Hawking, Dr. Lisa Palmer, Margaret Mitchell, Atay Kozlovski, and Ryan McDonough
Forums: r/idiocracy and r/ABoringDystopia
| Emily Birnbaum / Bloomberg: |
Tech companies warn they may pull back from US investment pledges if Congress doesn't fully reinstate the R&D tax deduction pared back in Trump's 2017 tax bill — Major tech companies lobbying to salvage a tax deduction for research and development are warning they may pull …
Forums: Slashdot
| Sri Muppidi / The Information: |
Sources: Snowflake challenger ClickHouse is in talks to raise hundreds of millions led by Khosla Ventures at a $6B valuation, triple its valuation from 2021 — Investors have reaped billions of dollars in gains from backing database software firms Snowflake and Databricks.| Financial Times: |
Sources: CoreWeave plans to raise ~$1.5B through a high-yield bond offering, aiming to refinance part of its massive liabilities just weeks after its muted IPO — AI data centre provider returns to investors with potential bond offerings that could reduce cost of borrowing
More: Bloomberg, TechCrunch, and WinBuzzer
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