Techmeme
May 22, 2025, 12:35 AM

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 …
OpenAI:
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.”
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 …
Sharon Goldman / Fortune:
Kyle Wiggers / TechCrunch:
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.
Tom Warren / The Verge:
Tom Warren / The Verge:
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 …
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.
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 …
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 …
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.
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 Hill, and The Register
Bluesky: @dell, @kimzetter, and @keithchuMastodon: @GossiTheDog@cyberplace.socialThreads: @senatorwarner
Forums: r/technology and Slashdot
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.
Ivan Mehta / TechCrunch:
NYC-based Siro, which offers AI-powered coaching for sales reps, raised a $50M Series B led by SignalFire, bringing its total raised to $75M  —  An increasing number of meetings have an AI note-taker present that transcribes the call and provides action items.
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 …
Andre Romani / Reuters:
Marcos Galperin, founder and CEO of Latin American e-commerce giant MercadoLibre, will step down in late 2025 and be replaced by commerce head Ariel Szarfsztejn  —  Marcos Galperin, who founded e-commerce giant MercadoLibre (MELI.O) and built it into Latin America's most valuable listed company …
More: Bloomberg

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More News

Bloomberg:
Kyle Wiggers / TechCrunch:
Matthew Gault / 404 Media:
Sergiu Gatlan / BleepingComputer:

Earlier Picks

MIT Technology Review:
William Langley / Financial Times: