Techmeme
May 21, 2025, 1:47 PM

Top 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 …
Wall Street Journal:
Reuters:
Distributed Denial of Secrets: the TeleMessage hacker stole messages from 60+ US government users covering 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 …
Tom Warren / The Verge:
Microsoft files an amicus brief supporting Epic Games' App Store fight 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.
Chance Miller / 9to5Mac:
Epic Games says Fortnite for iPadOS and iOS is back on the US App Store, and on the Epic Games Store and AltStore in the EU; Apple kicked it off in August 2020  —  After a nearly five-year hiatus, Fortnite is back on the App Store for iPhone and iPad users in the United States.
Eleanor Olcott / Financial Times:
MIT Technology Review:
Analysis: AI's energy consumption is exploding, with data centers' electricity use doubling from 2017 to 2023, accounting for 4.4% of all US energy consumption  —  The emissions from individual AI text, image, and video queries seem small—until you add up what the industry isn't tracking and consider where it's heading next.
William Langley / Financial Times:
Inside China's “stolen iPhone building”: electronics traders in Shenzhen describe how even remotely locked stolen iPhones can be stripped and sold for a profit  —  We track the roaring trade of mobiles grabbed in London and New York, then sold on a single district in Shenzhen
Casey Newton / Platformer:
Google's I/O keynote was both scary and chill, a fever dream of sizzle reels selling how AI changes everything, even search, and can give users superpowers  —  At its annual developer conference, the company seeks to reassure everyone that AI is for everyday utility — but the great disruption to the web continues
Michael L Hicks / Android Central:
Tom Warren / The Verge:
Andrew J. Hawkins / The Verge:
Volvo expands its Google partnership to integrate Gemini across its model lineup, the first automaker to do so, hoping to ease its drivers' “cognitive load”  —  Gemini can ease a driver's “cognitive load” so they can keep their eyes on the road, the automaker says.
Kyle Wiggers / TechCrunch:
CoinDesk:
The US SEC sues Unicoin and its executives, alleging they broke securities laws by raising $100M+ for crypto tokens falsely claimed to be backed by real estate  —  The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges …
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 …
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.
Laura Onita / Financial Times:
UK retailer M&S says it expects a £300M operating profit hit from an April cyberattack and disruption to continue until July 2025; its market cap is down ~£750M  —  UK retailer discloses that breach came via supplier and warns online operations will be disrupted until July
Kevin Collier / NBC News:
Matthew Lane, a 19-year-old from Massachusetts, pleads guilty to hacking two US companies and extorting them for ransoms; a source says one firm is PowerSchool  —  The Massachusetts man agreed to plead guilty to obtaining information from a protected computer and aggravated identity theft.
Emilia David / VentureBeat:
Google rolls out Jules, its asynchronous coding agent unveiled in December 2024, in public beta for free with usage limits and will share pricing after the beta  —  Vibe coding and the growth of AI-powered coding platforms gave rise to yet another battleground among tech companies.
CNBC:

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Earlier Picks

Colin Lecher / The Markup:
Tobias Mann / The Register:
CNBC:
Charles Szumski / Euractiv: