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May 15, 2025, 1:10 PM
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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’.
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.
ProPublica:
How the US conducted a monthslong campaign to push The Gambia and at least four other developing nations to license Starlink; diplomats call the events alarming  —  The State Department has intervened on behalf of Musk's satellite internet company in five developing nations.
Sarah Perez / TechCrunch:
Threads now lets users add up to five links to their profile bios and rolls out analytics tools to track clicks on profile links and links shared in posts  —  Instagram Threads is taking on Linktree and other “link-in-bio” solutions by introducing a way for creators to use their Threads profile …
Zach Vallese / CNBC:
YouTube unveils Peak Points, a pilot Gemini feature for targeting ads after viewers are most engaged with a video, aiming for more impressions and a higher CTR  —  YouTube on Wednesday announced a new tool that will allow advertisers to use Google's Gemini AI model to target ads to viewers when they are most engaged with a video.
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, Tech in Asia, and Tom's Guide
Bluesky: @sal19.  X: @haydenfield and @openai
LinkedIn: Jasleen Carroll and Jennifer Elias.  Forums: Hacker News
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.
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
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 …
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, and could fine it up to 6% of its global revenue  —  Ad transparency investigation is one of several ongoing European cases against social media platform
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.
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 …
Madeline Renbarger / Newcomer:
Akido Labs, which makes AI assistants for doctors to improve patient treatment efficiency, raised a $60M Series B led by Oak HC/FT  —  Oak HC/FT is leading the Series B round … Prashant Samant, Jared Goodner, Sanjit Mahanti, and Hugh Gordon began their healthcare collaborations at USC over a decade ago …
Rebecca Szkutak / TechCrunch:
Cognichip, which is building a physics-informed foundational AI model to develop new chips, emerges from stealth with a $33M seed led by Lux and Mayfield  —  Chips are a critical component of the AI industry.  But new chips don't hit the market with the same speed as new AI models and products do.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:10 PM ET, May 15, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Max Tani / @maxwelltani:
Memo: Notus plans to “dramatically expand” its coverage of national politics with a “new version of NOTUS under a new name” and will double staff from 50 to 100

Catherine Shoard / The Guardian:
Warner Bros. won a record-tying 11 awards at the 98th Oscars, followed by Netflix with 7 and Apple, Disney, Focus, and Neon with 1 each; Paramount had none

Todd Spangler / Variety:
Filing: David Zaslav is set to receive at least $550M in compensation related to the Paramount-WBD deal, including $517.2M in equity in the combined company

More News

Bloomberg:
Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 279% to ~$1.7B, partly due to its equity investment gains; BABA drops 5%+
Steve Lohr / New York Times:
How the Mayo Clinic uses 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:
Lidar manufacturer Luminar says that founder and CEO Austin Russell resigned following an ethics inquiry and appoints former Nuance CEO Paul Ricci as its CEO
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
Reuters:
Chinese sites like JD.com are offering discounts of up to 2,530 yuan, or ~$350, on iPhone 16 models, in an effort to spur sales after Q1 shipments fell in China
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
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
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
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