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May 21, 2025, 9:30 PM
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WeSmirchTop News
| Bloomberg: |
OpenAI is buying io, Jony Ive's secretive AI startup, for ~$6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI — OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal …
More: Crazy Stupid Tech, CNBC, Business Today, Axios, Associated Press, SiliconANGLE, USA Today, 9to5Mac, CNBC, The Information, San Francisco Examiner, Cult of Mac, Spyglass, Livemint, MarketWatch, Los Angeles Times, CNBC, PitchBook, Proactive, Michael Tsai, New York Post, PYMNTS.com, iPhone in Canada, Telegraph, CryptoSlate, Benzinga, Yahoo News, Fortune, and PetaPixel
Bluesky: @brianmc, @edzitron.com, @stevekovach, @seanokane, @kevinbuist.com, @drewharwell.com, @ernie.tedium.co, @edzitron.com, and @drewharwell.com
Mastodon: @carnage4life@mas.to and @markgurman@mastodon.social
Threads: @benedictevans and @chriswelch
X: @openai, @sama, @wolfejosh, @wolfejosh, @brianroemmele, @growing_daniel, @markgurman, @parkerortolani, @pitdesi, @markgurman, @scobleizer, @keachhagey, @markgurman, @benbajarin, @markgurman, @growing_daniel, @xlr8harder, @pitdesi, @bradlightcap, @parkerortolani, @tomwarren, @benbajarin, and @mike_matas
LinkedIn: Christel Buchanan, Ghassan Kassabji, Graham Furlong, Liam Darmody, and Steve Witmer. Forums: Hacker News
| OpenAI: |
In a video and letter signed “Sam & Jony”, Altman and Ive announce io, founded last year by Ive, Scott Cannon, Evans Hankey, and Tang Tan to create new products — This is an extraordinary moment. — Computers are now seeing, thinking and understanding.
More: OpenAI on YouTube, MacRumors, HotHardware, Ars Technica, Computerworld, BBC, SFGATE, Business Insider, BGR, How-To Geek, Neowin, Gazetteer SF, BetaNews, Research & Development World, The Decoder, San Francisco Chronicle, Gizmodo, The Wrap, Mashable, and NBC News
Bluesky: @seldo.com and @stevekovach
Mastodon: @harrymccracken@mastodon … and @_Davidsmith@mastodon.social. Threads: @vishwanathsarangkeller. X: @richlightshed
LinkedIn: Maxmillian Minichetti, Matt Wyndowe, Thomas Lewis, and Aaron McReynolds
Forums: r/singularity, r/BetterOffline, and MacRumors Forums
| Wall Street Journal: |
Sources: Sam Altman and LoveFrom have been working for two years on a new device to move consumers beyond screens, including headphones and devices with cameras — OpenAI to buy Ive's startup in $6.5 billion deal, as Ive and CEO Sam Altman work on new generation of devices and other AI products
More: ZDNET, The Verge, Financial Times, Windows Central, CNET, BGR, The Business Times, 9to5Mac, CNN, Washington Post, iPhone in Canada, PYMNTS.com, and Reuters
Bluesky: @caseynewton and @davekarpf
LinkedIn: Pramod Gosavi, Benedict Evans, and Alon Matas
Forums: r/technology, r/apple, r/business, Beehaw, and Ars OpenForum
| New York Times: |
Sources: OpenAI owned a 23% stake in io from a 2024 deal so is now paying ~$5B to fully acquire it; separately, OpenAI's Start-up Fund invested in io last year — Jony Ive, a former top executive at Apple, said that the goal with OpenAI was to create “amazing products that elevate humanity.”| Sharon Goldman / Fortune: |
Google DeepMind says Gemini Diffusion, an experimental text diffusion model demoed at Google I/O and available by waitlist, generates 1,000-2,000 tokens/second — Alphabet CEO Sundar Pichai, at Google I/O 2025 in Mountain View. (Photo courtesy of Google)
More: The Keyword, Simon Willison's Weblog, Google DeepMind, Decrypt, and The Decoder
X: @bodonoghue85, @eleurent, @jean_tarbou, @googleai, @petarv_93, @testingcatalog, @deedydas, @pminervini, @lauriewired, @blancahuergo, @wesrothmoney, @kimmonismus, @johnlindquist, @cindyxywu, @stanfordnlp, @sedielem, @jainprateek_, @kalomaze, @pranamanam, @amyxlu, @flennerhag, @hillbig, @volokuleshov, @jeremyphoward, @oriolvinyalsml, @jack_w_rae, @dorialexander, @googledeepmind, and @archiexzzz
| Kyle Wiggers / TechCrunch: |
Google tests bringing ads to AI Mode, both below responses as well as “integrated into” them, and expands ads in AI Overviews to desktop in the US — Google on Wednesday detailed its plans to bring ads to AI Mode, the company's AI-powered experience in Google Search.| Dan Goodin / Ars Technica: |
Signal says it will block by default screenshots of its Windows 11 desktop app due to the privacy risks of Microsoft's Recall; users can enable them in settings — Signal Messenger is warning the users of its Windows Desktop version that the privacy of their messages is under threat by Recall …
More: Signal Messenger, Engadget, and The Verge
Bluesky: @timbray.cosocial.ca …, @jukkan, @meredithmeredith, @selectric.space, and @signal.org. X: @alex4only
Forums: Hacker News, r/signal, r/Bitwarden, and Ars OpenForum
| Sergiu Gatlan / BleepingComputer: |
Microsoft seizes about 2,300 domains globally to disrupt Lumma's malware-as-a-service operation, after finding over 394K Windows computers infected by Lumma — Earlier this month, a coordinated disruption action targeting the Lumma malware-as-a-service (MaaS) information stealer operation seized thousands …
More: Microsoft, Microsoft Security Blog, US Department of Justice, WeLiveSecurity, Europol, Connect, protect …, Help Net Security, iTnews, Cybersecurity Dive, Bitsight, SiliconANGLE, Hackread, CyberScoop, CleanDNS, USA Today, UPI, XDA Developers, KDFX-TV, NBC News, DataBreachToday.com, Bloomberg, The Record, GeekWire, Solomon on Cybersecurity, and Neowin
| Tom Warren / The Verge: |
Epic v. Apple: Microsoft files an amicus brief supporting Epic Games and blames Apple for delaying the Xbox mobile gaming store, first announced in May 2024 — Microsoft has filed support for Epic Games' fight with Apple, as it wants to launch new Xbox mobile improvements.
More: 9to5Mac, The Information, Eurogamer.net, iThinkDifferent, Forbes, MobileSyrup, iPhone in Canada, Engadget, New York Post, Cryptopolitan, AppleInsider, Wccftech, CNET, XboxEra, and 9to5Mac
X: @benlovejoy, @deeketweak, and @tomwarren
| Eleanor Olcott / Financial Times: |
Jensen Huang calls US AI chip export controls “a failure” that spurred Chinese rivals, cutting Nvidia's market share in China from 95% to 50% over four years — World's top AI semiconductor maker says export controls have accelerated Chinese rivals' advances
More: The Register, Tom's Hardware, TheStreet, New York Times, Nikkei Asia, The Guardian, Wall Street Journal, Research & Development World, BBC, PC Gamer, Business Standard, Investor's Business Daily, Reuters, and Bloomberg
Bluesky: @carnage4life. X: @brianroemmele, @rnaudbertrand, @jukanlosreve, @theresaafallon, @okaythenme, @jcmittelstaedt, @business, and @ft. Forums: r/neoliberal
| Reuters: |
Distributed Denial of Secrets: the TeleMessage hacker stole messages from 60+ US government users spanning about one day ending on May 4, including travel plans — A hacker who breached the communications service used by former Trump national security adviser Mike Waltz earlier …
More: WinBuzzer, Android Headlines, and The Independent
Bluesky: @raphae.li, @metacurity.com, @stokel, @zachsdorfman, and @micahflee.com
| Milana Vinn / Reuters: |
AT&T agrees to acquire Lumen's consumer fiber business for $5.75B, in an all-cash deal expected to close in H1 2026; LUMN jumps 13%+ after hours — AT&T (T.N) has clinched a deal to acquire Lumen Technologies' (LUMN.N) consumer fiber operations for $5.75 billion in cash … | Tanaya Macheel / CNBC: |
Bitcoin reached a new all-time high, surpassing $110,000 and breaking its January record, after slumping to $74,000 in April — WATCH NOW — Bitcoin rose to a new all-time high on Wednesday, breaking its January record. — The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics.
More: PYMNTS.com, Decrypt, Bloomberg, Decrypt, Reuters, MarketWatch, CoinDesk, Cointelegraph, Yahoo Finance, CNBC, Cointelegraph, Fortune, UPI, Bloomberg, CryptoPotato, Deseret News, and The Block
| Carl Franzen / VentureBeat: |
OpenAI updates its Responses API for building agentic applications to include remote MCP server support, image generation and Code Interpreter tools, and more — OpenAI is rolling out a set of significant updates to its newish Responses API, aiming to make it easier for developers and enterprises …
More: OpenAI. X: @gilgnyc, @chu_onthis, @itsandrewgao, @stellaz3g, @jeffintime, @ritakozlov_, @paypaldev, @yashhsm, @bryanhelmig, @jeff_weinstein, @kevinweil, @jeffintime, @wadefoster, @openaidevs, @pranaveight, @ilanbigio, @sendaifun, @jeff_weinstein, @mikeknoop, @kevinwhinnery, @tbpn, @gdb, @openaidevs, @stevenheidel, @stevenheidel, @dkundel, and @stevendcoffey
| Blake Brittain / Reuters: |
A US district judge rules Google and Character.AI must face a Florida woman's lawsuit claiming Character.AI's chatbots caused her 14-year-old son's suicide — Alphabet's (GOOGL.O) Google and artificial-intelligence startup Character.AI must face a lawsuit from a Florida woman … | Eric Geller / Cybersecurity Dive: |
In a joint statement, the US, France, Germany, and eight other countries say Russia has stepped up cyber attacks on firms aiding Ukraine, often via Fancy Bear — One of Moscow's most infamous hacker teams is targeting logistics and technology companies supporting Kyiv's war effort. — Listen to the article| Lauren Forristal / TechCrunch: |
Shopify launches new AI tools, including one for setting up storefronts and another for creating elements like banners, and upgrades its AI assistant Sidekick — Shopify is giving its merchants a slew of new AI-powered tools designed to help them enhance the online shopping experience for their customers.
More: BetaKit, Shopify, Seeking Alpha, FashionNetwork.com, Retail Brew, Shopify, PYMNTS.com, Canadian Press, financialpost, and Shopify
X: @brian_g_peters, @liam_at_shopify, @shopify, @igrigorik, @orenmeetsworld, @dhh, @tobi, @harleyf, @liam_at_shopify, @gilgnyc, @shopifydevs, @liam_at_shopify, @shopifydevs, @shopifydevs, @eytanseidman, @tobi, @mauriciom, @shopifydevs, @benjaminsehl, @shopifydevs, @jplhomer, @kirplatonov, @michaelelmgreen, @mattjumper, @shopifydevs, @shopify, @harleyf, @jzazove, @harleyf, @kvlly, @frehner_a, @liam_at_shopify, @harleyf, @gilgnyc, @john_speed, @madmath, @dave_cameron, @harleyf, and @steren
| Alfred Ng / Politico: |
Sen. Wyden says AT&T, Verizon, and T-Mobile failed to create systems for notifying about surveillance on Senate-issued devices, despite a requirement to do so — Sen. Ron Wyden (D-Ore.) revealed in a new letter to Senate colleagues Wednesday that AT&T, Verizon and T-Mobile failed …
More: TechCrunch, The Register, and The Hill
Bluesky: @dell, @kimzetter, and @keithchu. Mastodon: @GossiTheDog@cyberplace.social. Threads: @senatorwarner. Forums: r/technology
| Samantha Subin / CNBC: |
CoreWeave announces a $2B debt offering, representing a $500M increase from its initial announcement, and says it was five times oversubscribed; CRWV jumps 19% — CoreWeave shares popped 19% after announcing a $2 billion debt offering. — The renter of artificial intelligence data centers powered …
More: The Information, Financial Times, Yahoo Finance, and Barron's Online. Forums: r/wallstreetbets
| The Information: |
Amazon plans to sell Nike products directly for the first time since 2019, when Nike stopped selling through Amazon due to lingering counterfeit issues — Six years after Nike stopped selling through Amazon in favor of going direct to customers through its own stores and website, the two companies are getting back together.| Juby Babu / Reuters: |
Zoom reports Q1 revenue up 3% YoY to $1.17B, in line with expectations, Enterprise revenue up 6% YoY to $704.7M, and raises its FY 2026 forecast above estimates — Zoom Communications (ZM.O) raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration … | Margaux Nijkerk / CoinDesk: |
World Network raised $135M in a token sale to a16z and Bain Capital Crypto “to meet increasing demand for Orb-verified World IDs”; WLD jumped 14% on the news — Funds from the venture capital giants will be used for the network's expansion. — What to know:| Brody Ford / Bloomberg: |
Snowflake reports Q1 product revenue up 26% YoY to $996.8M, vs. $966M est., and forecasts Q2 product revenue above estimates; SNOW jumps 6%+ after hours — Product revenue, which makes up the bulk of Snowflake's business, will increase about 25% to as much as $1.04 billion in the quarter ending in July … | Jason Leopold / Bloomberg: |
Sources and docs: a “major lapse” at Thoma Bravo's Opexus, which helps US agencies manage investigations and FOIA, let two convicted hackers delete databases — Failures in cybersecurity practices at a software company that helps federal agencies manage investigations … | Sergiu Gatlan / BleepingComputer: |
Maine AG filing: Coinbase says its recent data breach impacted 69,461 individuals; stolen data included government IDs, account info, and personal identifiers — Coinbase, a cryptocurrency exchange with over 100 million customers, revealed that a recent data breach in which cybercriminals stole customer …
More: Citation Needed, TechCrunch, The Register, Cryptopolitan, Decrypt, CryptoSlate, Protos, PCMag, and Cryptoforensic Investigators
X: @arrington, @brian_armstrong, @arrington, and @tayvano_
| Kyle Wiggers / TechCrunch: |
Mistral partners with All Hands AI to release Devstral, a model to help with coding, in “research preview” under Apache 2.0, and says it outperforms Gemma 3 27B — AI startup Mistral on Wednesday announced a new AI model focused on coding: Devstral.
More: Mistral AI, All Hands AI on YouTube, VentureBeat, WinBuzzer, The Decoder, and Analytics India Magazine
X: @yampeleg, @saranormous, @sagar_vaze, @xingyaow_, @altryne, @sophiamyang, @allhands_ai, @sophiamyang, and @mistralai. Forums: Hacker News
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