| 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 … | 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.| 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| 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.”| 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.| Sarah Perez / TechCrunch: |
Epic v. Apple: Spotify says its recent update supporting web payments has resulted in “a significant increase in iOS users upgrading to a Premium subscription” — Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales.| Chance Miller / 9to5Mac: |
| 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 … | 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| 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 … | 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.| 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.| 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 … | 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 … | 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 … | 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| 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.| Andrew Romero / 9to5Google: |
AI videos from Google's Veo 3, which features synchronized audio as well as crisper, more detailed video, are both impressive and terrifying — If the internet wasn't already full of misinformation and general filler content, Veo 3 is going to take it to an entirely new level.| 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:| MIT Technology Review: |
An analysis of AI's energy footprint, from the demands for making a model and the impact of a query to the emissions from data centers and the future ahead — 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.| 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.| Bloomberg: |
Baidu reports Q1 revenue up 3% YoY to ~$4.5B, above ~$4.3B est., and a ~$1B net profit, as the Chinese search giant fends off intensifying competition in AI — The company's shares rose more than 2% in US pre-market trading. It reported a 3% rise in revenue for the three months ended March … | 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 … | Matthew Gault / 404 Media: |
Brazilian researchers scraped 2B+ Discord messages from 3,167 public servers using Discord's public API, covering 2015 to 2024, and publish the messages online — A Brazilian team used Discord's API to scrape 10% of its open servers. — Researchers published a massive database … | Tom Warren / The Verge: |
Microsoft's AI security chief accidentally displayed internal Teams messages about Walmart's AI plans, after her Build talk was disrupted by a protest — Internal messages were displayed after two former Microsoft employees disrupted a Build session.| 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| 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 … | 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 … | Ben Schoon / 9to5Google: |
Google says weather apps have “graduated from beta” on Android Auto and cars with Google built-in, and that Android Auto will “soon” get browser and video apps — Google has revealed that Android Auto is about to get more apps, including wider access to weather apps … | 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.| 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 …
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