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May 15, 2025, 9:45 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 …
More: Coinbase, TechCrunch, CNBC, BleepingComputer, BBC, Decrypt, Fortune, Infosecurity, BetaKit, Protos, The Hacker News, The Verge, Bloomberg, Fox Business, Fast Company, Bitcoin Insider, SiliconANGLE, Dexerto, NBC News, Newser, Financial Times, Ledger Insights, Barron's Online, The Block, Cryptopolitan, ZeroHedge News, Wall Street Journal, Cyber Security News, CryptoSlate, CoinDesk, City A.M., Tom's Guide, The Information, Coinspeaker, Hackread, The Register, Mashable, The Hill, PYMNTS.com, and CoinDesk
Bluesky: @jendn, @brunojnavarro, @joemenn, @zackwhittaker.com, @zackwhittaker.com, and @self.agency.  Threads: @parkert
X: @brian_armstrong, @coinbase, @coinbase, @evgenygaevoy, @qwqiao, @asvanevik, @andrewdarmacap, @zachxbt, @trading_axe, @boldleonidas, @atabarrok, @mrjasonchoi, @tmnxeq, @deeze, @lemiscate, @pumatheuma, @randhindi, @defisexbot, @cobie, @arthur_0x, @tmnxeq, @lefterisjp, @greg16676935420, @0xbreadguy, @adamscochran, @boldleonidas, @cobie, @charlesarthur, @johnedeaton1, @zachxbt, @monetsupply, @federicotenga, @inversebrah, @molly0xfff, @r89capital, @zerohedge, @tmnxeq, @jeffjohnroberts, @mayazi, @phildaian, @mdudas, @arthur_0x, @tmnxeq, @arthurb, @adamscochran, @antoniogm, @twobitidiot, @crypt0e, @cmsholdings, @erikvoorhees, and @tmnxeq
LinkedIn: Lloyd Evans, Gianluca Varisco, Jeff John Roberts, and Frank McGovern
Forums: r/cybersecurity, r/ProtonMail, r/Bitcoin, r/ScottGalloway, r/cybersecurity, r/CryptoMarkets, r/hacking, r/Buttcoin, and r/technology
Bloomberg:
Source: hackers bribed enough Coinbase customer service representatives to achieve effectively on-demand access to Coinbase customer information since January  —  On the long list of crypto companies that have been hacked, there are plenty of examples of financial losses that are much more painful …
Wall Street Journal:
Sources: Meta has delayed the rollout of its Behemoth LLM, internally slated for an April release, to fall or later after struggling to improve its capabilities  —  The company's struggle to improve the capabilities of latest AI model mirrors issues at some top AI companies
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”
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’.
Zach Vallese / CNBC:
YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart  —  YouTube is solidifying its place in podcasts.  —  The company on Thursday announced the launch of a weekly top podcast shows chart, rivaling those from Spotify and Apple.
New York Times:
Coinbase says it is working with the US SEC to resolve an investigation into whether it misstated its user numbers by reporting 100M+ “verified users” in 2021  —  The inquiry continued even after the commission dropped a lawsuit accusing Coinbase of illegally marketing digital currencies to the public.
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 …
Maxwell Zeff / TechCrunch:
Filing: Anthropic apologizes after one of its expert witnesses cited a fake article hallucinated by Claude in the company's legal battle with music publishers  —  A lawyer representing Anthropic admitted to using an erroneous citation created by the company's Claude AI chatbot …
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
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.
Jason Schreier / Bloomberg:
Take-Two reports Q4 net bookings up 17% YoY to $1.58B, vs. $1.55B est., net revenue up 13% YoY to $1.58B, and forecasts FY 2026 net bookings below expectations  —  Bookings, a measure of sales, grew 17% to $1.58 billion in the fourth quarter ended March 31, surpassing Wall Street projections of $1.55 billion.
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 places 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 …
Maxwell Zeff / TechCrunch:
Windsurf launches SWE-1, its first family of software engineering AI models, claiming its largest model matches Claude 3.5 Sonnet, GPT-4.1, and Gemini 2.5 Pro  —  On Thursday, Windsurf, a startup that develops popular AI tools for software engineers, announced the launch of its first family …
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.
Jon Victor / The Information:
Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024  —  The conversational intelligence boom sparked by OpenAI unleashed a flood of venture capital dollars for the sector …
Tom Warren / The Verge:
Sources: Microsoft stops production of its Surface Laptop Studio 2 and plans to mark the device's end of life in June, with no plans for a successor  —  The Surface Laptop Studio 2 is no longer being manufactured and there's no replacement in sight. … Microsoft has been quietly killing off …

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From Mediagazer

Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

John Koblin / New York Times:
The Netflix-WBD deal should quiet concerns, for now, from CNN employees worried about the prospect of Paramount combining CBS News and CNN in a WBD acquisition

More News

Earlier Picks

Jay Peters / The Verge:
Roblox rolls out tools to let eligible creators sell physical items from their games via its Commerce APIs, working with Shopify, its first “integrated partner”
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
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
More: Ars Technica, Reuters, CoinDesk, and Elliptic
Bluesky: @wired.com.  Mastodon: @agreenberg@infosec.exchange.  LinkedIn: Simone Maini.  Forums: Slashdot
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