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May 15, 2025, 10:55 AM
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Niket Nishant / Reuters:
Coinbase says hackers accessed a “small subset” of users' data, but not credentials, expects to incur $180M to $400M in costs, and refuses to pay a $20M ransom  —  Coinbase (COIN.O) forecast a hit between $180 million and $400 million from a cyber attack that breached account data of a …
Bloomberg:
President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production  —  President Donald Trump said India has made an offer to drop tariffs on US goods …
Issie Lapowsky / Vanity Fair:
Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”  —  In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.
Benjamin Mayo / 9to5Mac:
Apple rolls out CarPlay Ultra, the next generation of CarPlay, in new and existing Aston Martins in North America after months of delays, before a wider rollout  —  After months of delays, Apple today officially announced the launch of next-gen CarPlay, now with a new brand name of ‘CarPlay Ultra’.
Maxwell Zeff / TechCrunch:
OpenAI releases GPT-4.1 in ChatGPT for Plus, Pro, and Team subscribers “by popular request”, and replaces GPT-4o mini with GPT-4.1 mini for all ChatGPT users  —  OpenAI is releasing its GPT-4.1 and GPT-4.1 mini AI models in ChatGPT, the company announced in a post on X Wednesday.
Kyle Wiggers / TechCrunch:
OpenAI launches the “Safety evaluations hub”, a webpage showing how its models score on tests for harmful content generation, jailbreaks, and hallucinations  —  OpenAI is moving to publish the results of its internal AI model safety evaluations more regularly in what the outfit …
More: CNBC, OpenAI, Tom's Guide, and Tech in Asia
Bluesky: @sal19.  X: @haydenfield and @openai.  LinkedIn: Jennifer Elias.  Forums: Hacker News
Johnny Ryan / Irish Council for Civil Liberties:
The Belgian Court of Appeal rules that the Transparency & Consent Framework, used by Google, Microsoft, Amazon, X, and the ad industry, is illegal across Europe  —  Landmark court decision against “TCF” consent pop ups on 80% of the internet  —  Google, Microsoft, Amazon, X …
Jess Weatherbed / The Verge:
Apple adds red exclamation mark warnings on EU App Store listings for apps using third-party payment systems, not Apple's “private and secure payment system”  —  Apple suggests that users are putting themselves at risk by using third-party alternatives.
Joe Tidy / BBC:
Hacking group DragonForce says it stole UK retailer Co-op's customer data but couldn't deploy ransomware because Co-op quickly shut down its systems, unlike M&S  —  Co-op narrowly averted being locked out of its computer systems during the cyber attack that saw customer data stolen …
Paresh Dave / Wired:
Microsoft plans to shut down its Bing Search APIs on August 11; a source says the largest customers will retain access, and DuckDuckGo says it won't be affected  —  Microsoft is limiting access to tools that boosted its rivals, but larger customers like DuckDuckGo say they won't be affected.
Jay Peters / The Verge:
Grok replied on X to debunk claims of South Africa's “white genocide” when X users asked it to fact-check unrelated topics; the issue appears to have been fixed  —  Grok kept bringing it up in response to seemingly unrelated posts.
Andy Greenberg / Wired:
Huione Guarantee, a Telegram-based black market for crypto scammers and money launderers that enabled $27B+ in transactions, shuts down after mass account bans  —  Following a WIRED inquiry, Telegram banned thousands of accounts used for crypto scam money laundering, including those of Haowang Guarantee …
Jordan Novet / CNBC:
CoreWeave reports Q1 revenue up 420% YoY to $981.6M, vs. $853M est., and net loss up 143% YoY to $314.6M, partly due to $177M in stock-based compensation costs
Bloomberg:
Docs: Microsoft's recent layoffs of 6,000 workers hit software engineers the hardest, making up 40%+ of the ~2,000 positions cut in its home state of Washington  —  In Microsoft's home state of Washington, software engineering was by far the largest single job category to receive layoff notices …
Barbara Moens / Financial Times:
The EU provisionally finds that TikTok breached the DSA by failing to offer a publicly searchable ad library, potentially opening the platform up to a fine  —  Ad transparency investigation is one of several ongoing European cases against social media platform
Wired:
The CFPB cancels its plans to more tightly regulate US data brokers' ability to sell Americans' sensitive info, like financial data, credit history, and SSNs  —  Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americans' sensitive personal data.
Sara Salinas / CNBC:
Netflix says its ad-supported tier now has 94M MAUs, up from 70M in November 2024, and reaches more 18- to 34-year-olds than any US broadcast or cable network  —  Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November.
Juli Clover / MacRumors:
Epic submits a new version of Fortnite to the US App Store after pulling the one it submitted on May 9, citing the need to make a weekly update with new content  —  On Friday, Epic Games submitted Fortnite to the U.S. App Store, and since then, we've been waiting to see if Apple would approve …
Bloomberg:
Analysis: Shein cut the average cost of 98 tracked products in the US by ~13% to $5.56 from a peak of $6.38 on May 7, and sent a price drop alert to US users  —  The average cost of 98 products consistently tracked by Bloomberg News on Shein's website was $5.56 on Wednesday, down about 13% from a May 7 peak of $6.38.
More: Tech in Asia

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This is a Techmeme archive page. It shows how the site appeared at 10:55 AM ET, May 15, 2025.

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From Mediagazer

Chris Gardner / The Hollywood Reporter:
Equalpride, parent company of LGBTQ+ outlets like Out and The Advocate, cuts staff, including the EICs of Pride.com and The Advocate

Reggie Ugwu / New York Times:
A look at the appeal of video podcasts for Netflix: they're cheap to produce, may attract viewers interested in topical news, and could fuel Netflix's ad tier

Aisha Malik / TechCrunch:
Spotify launches Audiobook Charts in the US and the UK, which will be updated weekly and highlight the top audiobooks overall and by genre

More News

Bloomberg:
Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 200%+ to ~$1.7B due to equity investment gains; BABA drops 5%+
Steve Lohr / New York Times:
How Mayo Clinic is using AI to boost efficiency and amplify human abilities in its radiology department, which has an AI team of 40 people and 400+ radiologists
Newley Purnell / Bloomberg:
Meta promotes Benjamin Joe, its longtime VP for Southeast Asia, to VP of Asia Pacific and expands India VP Sandhya Devanathan's role to include Southeast Asia

Earlier Picks

Kirsten Korosec / TechCrunch:
Austin Russell, the founder and CEO of lidar manufacturer Luminar, resigns following an ethics inquiry and is replaced by former Nuance CEO Paul Ricci
Jeremy Kahn / Fortune:
Samaya AI, which is building AI models that assist financial analysts, raised a $43.5M Series A led by NEA; Eric Schmidt, Yann LeCun, and others also invested
Jagmeet Singh / TechCrunch:
Foxconn receives approval from India's cabinet to build a ~$435M chip plant, expected to open in 2027, in a joint venture with India-based IT giant HCL Group
Reed Albergotti / Semafor:
Meta releases the Open Molecules 2025 dataset and the Universal Model for Atoms, a family of AI models, to accelerate the development of new drugs and materials
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