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May 9, 2025, 5:55 PM
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memeorandum
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| 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, New York Times, 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, CNBC, Thurrott, AppleInsider, NBC News, TechCrunch, PC Gamer, Insider Gaming, Kotaku, Mashable, iPhone in Canada Blog, BGR, 80 Level, MacDailyNews, Game Rant, The Mac Observer, PCMag, and Macworld
X: @fortnite, @apollozac, and @apollozac
| 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, The Shortcut, Engadget, Android Authority, Wareable, The Independent, Stuff, Mashable, T3, and PCMag
| 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: The Irish Times, CNET, Bloomberg, Gear Patrol, TheStreet, iPhone in Canada Blog, Arabian Business, Business Today, Gadgets 360, Gadgets & Wearables, The Indian Express, Bloomberg, Forbes, Connect The Watts, The Boston Globe, Tom's Guide, ZDNET, TechRadar, Android Authority, T3, The Shortcut, 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
| 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.| 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 … | 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
| 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, Rippling, Reuters, The Information, San Francisco Business Times, and CNBC
LinkedIn: Adi Asali, David Farhi, and Brooke Salyer
| 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.
Forums: r/NBIS_Stock
| 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, Benzinga, Crypto Briefing, FinSMEs, crypto.news, CoinGape, CNBC, Blockworks, and Bitcoin Insider
| Olga Kharif / Bloomberg: |
Brian Armstrong says Coinbase considered allocating 80% of its balance sheet into bitcoin but decided against the scheme as it was too risky — “There were definitely moments over the last 12 years where we thought, man, should we put 80% of our balance sheet into crypto — into Bitcoin specifically …
More: PYMNTS.com
| 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, CNN, 404 Media, Reuters, Engadget, 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
| 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
| Danai Nesta Kupemba / BBC: |
President Claudia Sheinbaum says Mexico is suing Google for ignoring requests not to call the Gulf of Mexico the Gulf of America on Google Maps in the US — Mexico is suing Google for ignoring repeated requests not to call the Gulf of Mexico the Gulf of America on Google Maps for US users, President Claudia Sheinbaum says.Sponsor Posts
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