Techmeme
May 14, 2025, 8:50 AM

Top News

Financial Times:
The US Commerce Department issues guidance stating that “using Huawei Ascend chips anywhere in the world violates US export controls” as they likely use US tech  —  Commerce department guidance aims to toughen export controls on tech used by China to make AI processors
Rebecca Szkutak / TechCrunch:
The US Commerce Department formally rescinds the Biden-era AI Diffusion Rule, which would have limited exports of US-made AI chips and taken effect on May 15  —  After a week or so of rumors, the U.S. Department of Commerce (DOC) formally rescinded the Biden Administration's Artificial …
Bloomberg:
Sony reports Q4 revenue down 24% YoY to ~$17.7B, PlayStation 5 units sold in FY 24 down 11% YoY to 18.5M, and expects a ~$700M impact from US tariffs in FY 25  —  Silicon Valley Is Coming for the Pentagon's $1 Trillion Budget  —  The Trump administration wants startups to remake the US military …
Steven Levy / Wired:
A look at Brian Chesky's efforts to turn Airbnb into a storefront for real-world services, after its “experiences” experiment started in 2016 was unsuccessful  —  CEO Brian Chesky is spending hundreds of millions to relaunch his travel company as an everything app.  Fitness!  Food!
Clare Duffy / CNN:
Tom Warren / The Verge:
Microsoft extends security updates for Microsoft 365 apps on Windows 10 until October 10, 2028, after previously planning to end support on October 14, 2025  —  Microsoft 365 apps will continue to get security updates on Windows 10 for another three years.
Tina Nguyen / The Verge:
President Trump's acting leaders for the Copyright Office are hostile to the tech industry and not the kind of people that generative AI proponents would want  —  What initially appeared to be a power play by Elon Musk and the Department of Government Efficiency (DOGE) to take over the US Copyright Office …
CNBC:
Chime files for a Nasdaq IPO under the symbol CHYM, reporting 8.6M active members at the end of March, up 23% YoY, and average revenue per active member of $251  —  Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq.  The company intends to file under the ticker symbol “CHYM.”
Jennifer Elias / CNBC:
Google says it is testing an “AI Mode” button on the Search homepage with Labs users, replacing the “I'm Feeling Lucky” button  —  Google's stalwart search button has a new neighbor: AI Mode.  —  The artificial intelligence feature is being tested directly beneath …
Jessica Lyons / The Register:
The EU's Vulnerability Database project, first announced in June 2024, is now fully operational, while the US's NVD struggles with a backlog of submissions  —  EUVD comes into play not a moment too soon  —  The European Vulnerability Database (EUVD) is now fully operational …
Grant Stoner / IGN:
Sources including former AbleGamers staff detail abuse, financial mismanagement, and other issues at the influential nonprofit promoting gaming accessibility  —  20 Years after AbleGamers' founding, new reports detail abuse fostered by management, mismanaged funds, and leadership that failed to protect employees.
Bloomberg:
Microsoft says it will lay off 6,000 staff in a bid to cut management layers, including at LinkedIn; Microsoft had 228K staff in June 2024 and cut 10K in 2023  —  The planned terminations will amount to less than 3% of total headcount and occur across geographies, employee levels and include LinkedIn, a spokesperson said.
Mindy Brooks / The Keyword:
Google announces its Material 3 Expressive design, set to roll out to Android 16 and Wear OS 6 devices, nearly four years after introducing Material You  —  Material 3 Expressive is making using your phone and watch more fluid, personal and glanceable.  —  Personalization is core to Android …
Guemmy Kim / The Keyword:
Bloomberg:
Former DeepSeek employees, analysts, VCs, and executives detail how the Chinese AI company works and how it fits into China's broader AI ambitions  —  The company's sudden emergence illustrates how China's industry is thriving despite Washington's efforts to slow it down.
Samantha Subin / CNBC:
eToro prices its shares at $52 for its IPO, above its expected range of $46 to $50, raising nearly $310M and valuing the company at about $4.2B  —  EToro, a stock brokerage platform that's been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares to test the market's appetite for new offerings.
Emanuel Maiberg / 404 Media:
House Republicans introduced language to the Budget Reconciliation bill that would ban US states from enforcing any AI regulation for 10 years  —  Republicans try to use the Budget Reconciliation bill to stop states from regulating AI entirely for 10 years.
The Information:
Sources: TikTok is working on a new feature to let US users share photos over DMs inside the app, and also plans to introduce voice messaging  —  TikTok has been working on a new feature that will allow users in the U.S. to share photos over direct messages inside the app, according to three people with knowledge of the situation.
Ian King / Bloomberg:
AMD and Humain partner to invest up to $10B on AI infrastructure over the next five years, including in data centers stretching from Saudi Arabia to the US  —  Silicon Valley Is Coming for the Pentagon's $1 Trillion Budget  —  The Trump administration wants startups to remake the US military …
New York Times:
Filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating clear ethical conflicts  —  The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale …
Bloomberg:
How Finland's district heating systems are harvesting heat from data centers; Microsoft's project near Helsinki will be the largest of its kind when completed  —  By pairing power-hungry computer processing facilities with district heating systems, Nordic countries are trying to limit their environmental downsides.
More: Tech.eu
Lauren Feiner / The Verge:

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The Guardian:
Dominic Preston / The Verge: