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May 13, 2025, 6:40 AM
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Bloomberg:
Samsung unveils the $1,100+ Galaxy S25 Edge, which is 5.8mm thick and weighs 163g, making it 30% thinner and 25% lighter than the S25 Ultra, arriving on May 30  —  Silicon Valley Is Coming for the Pentagon's $1 Trillion Budget  —  The Trump administration wants startups to remake the US military …
Abrar Al-Heeti / CNET:
Galaxy S25 Edge hands-on: sturdy, thin design is a breath of fresh air, and many specs match the S25, but the 3,900 mAh battery is down from the S25's 4,000 mAh  —  At 5.8mm thick and 163 grams, this slim phone packs many of the features you'll find on other S25 series devices.
Ari Levy / CNBC:
Coinbase will join the S&P 500, replacing Discover Financial Services, effective before trading on May 19; COIN jumps 10%+  —  Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday.  Shares of the crypto exchange jumped 8% in extended trading.
Christopher Tepedino / Cointelegraph:
US SEC Chair Paul Atkins says blockchains could enable novel securities use cases and “policymaking will no longer result from ad hoc enforcement actions”  —  Blockchain technology could enable “a broad swath of novel use cases for securities” and foster “new kinds of market activities …
Axios:
President Trump issues an EO to cut the de minimis tariff on China shipments to 54% from 120%, with the $100 minimum flat fee set to remain, effective May 14  —  Small packages from China are still subject to tariffs of 120%, a White House official confirmed Monday — a major blow …
Financial Times:
The US and China agree to a deal to lower tariffs for the next 90 days, a sign of easing tensions; the US plans to cut tariffs on Chinese goods from 145% to 30%
More: The White House, CNBC, Tom's Hardware, New York Times, Wall Street Journal, 9to5Mac, AppleInsider, South China Morning Post, The White House, Paul Krugman, Cryptopolitan, Gizmodo, New York Daily News, The Verge, Vogue Business, BBC, MobileSyrup, Gamereactor UK, PC Gamer, Ars Technica, Quartz, Reuters, New Republic, Financial Times, New York Times, Boston Herald, Wall Street Journal, The Information, Arabian Business, Semafor, and TechCrunch
Bluesky: @markey.senate.gov, @beyerstein, @emperorsclothes, @kagrox, @karlkuszaj, @dandrezner, @katjabego, @abenewman, @nathansnewman, @drodrik, @judah-grunstein, @joshtpm, @emoltzen, @wiseacre.me, @chasecarter, @paularmstrongtbd, and @hern.  Truth Social: @realDonaldTrump …
X: @whitehouse, @spoxchninus, @patrickmoorhead, @typesfast, @meiselasb, @thestalwart, @josephpolitano, @hblodget, @jamessurowiecki, @grummz, @javierblas, @faisalislam, @mrmbrown, @nicknotned, @dgt10011, @henrysgao, @joristeer, @jingjing_li, @justinwolfers, @henrysgao, @henrysgao, @vtg2, @freightalley, @rajakorman, @chenweihua, @edwardlawrence, @chenweihua, @josh_wingrove, @geringtuvia, @onlyyoontv, @elerianm, @thestalwart, @thestalwart, @thestalwart, and @trumpdailyposts
LinkedIn: George Minakakis and Kwaku Otchere
Forums: r/hardware, r/Aliexpress, r/technology, r/politics, r/NintendoSwitch2, r/centrist, r/Economics, r/moderatepolitics, r/unusual_whales, r/Economics, r/Sino, r/neoliberal, r/Republican, r/wallstreet, r/centrist, r/FashionReps, r/Follow_Smartmoney, r/AMD_Stock, r/moderatepolitics, r/China, r/KanagawaWave, and r/wallstreetbets
Kirsten Korosec / TechCrunch:
GM names Aurora co-founder and CPO Sterling Anderson as VP of global product and chief product officer, a newly created position at GM, starting on June 2  —  General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line …
Abner Li / 9to5Google:
Google is updating its “G” icon for the first time in 10 years, with its four colors now blending together on a gradient  —  Following the last update nearly 10 years ago, Google is updating its iconic ‘G’ icon.  —  On September 1, 2015, Google significantly updated its logo …
Emma Roth / The Verge:
Ticketmaster says it will now show the full price of a ticket up front, ahead of the US FTC's ban on junk fees, which goes into effect on May 12  —  Now you can see how much Ticketmaster tacks on before you reach checkout. … The company announced the “All In Prices” …
Sujeet Indap / Financial Times:
Sources: investors in US chipmaker Wolfspeed offered ~$600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing  —  Move sets up potential showdown between junior investors and private equity giant Apollo at US chipmaker
Melissa Heikkilä / Financial Times:
Dealroom.co: content licensing and data marketplace startups like Pip Labs and ProRata have raised $215M since 2022 to help artists sell content for AI training  —  New crop of companies are offering artists ability to sell content to big tech firms to train AI

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From Mediagazer

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

More News

David Keohane / Financial Times:
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more

Earlier Picks

Mark Gurman / Bloomberg:
Sources: Apple is planning an AI-powered battery management mode for iOS 19 that analyzes how a person uses their phone and makes adjustments to conserve energy
Ateev Bhandari / Reuters:
American Bitcoin, a bitcoin miner backed by Donald Trump Jr. and Eric Trump, says it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining
Alex Weprin / The Hollywood Reporter:
Amazon says Prime Video's ad tier now reaches 130M+ US customers and the company plans AI-powered tools for advertisers on Amazon including contextual ad copy
Berber Jin / Wall Street Journal:
Sources: Perplexity is in advanced talks to raise $500M led by Accel in a round that values it at $14B, up from $9B in November 2024
Anton Shilov / Tom's Hardware:
Senator Tom Cotton introduces a bill to mandate that AI chip makers use geo-tracking tech to comply with export rules, taking effect six months after it passes
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