Techmeme: The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February (Rest of World)

Open Links In New Tab

Mobile Archives Advertise Site News

May 24, 2025, 8:45 AM

Top News

Financial Times:

Sources: Oracle will spend ~$40B on ~400,000 Nvidia GB200 chips and lease them to OpenAI at its 1.2GW Texas data center, billed as the first US Stargate project — The 1.2 gigawatts infrastructure project will be one of the largest in the world — Roula Khalaf, Editor of the FT …

More: The Decoder, Reuters, WebProNews, Benzinga, PYMNTS.com, SiliconANGLE, Wall Street Pit, TipRanks Financial, ZeroHedge News, and Tech in Asia

Bluesky: @edzitron.com and @edzitron.com

X: @elonmusk and @sundeep

Bloomberg:

President Trump says that the tariffs he has threatened against Apple would also be aimed at “Samsung and anybody that makes that product” — “It would be more,” Trump said when asked at the White House whether his tariff threat would only apply to Apple.

Jesse Pound / CNBC:

Trump says a 25%+ tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US

More: Reuters, CNN, MacRumors, Ars Technica, BBC, Engadget, ZDNET, Financial Times, MacRumors, Fast Company, iLounge, Cryptopolitan, StrictlyVC, Variety, Wall Street Journal, Times of India, New York Times, The Economic Times, Lawyers, Guns & Money, FOX13 Memphis, Daily Kos, CNBC, The Hill, Android Police, CBS News, CNBC, Bloomberg, Wccftech, TECHi, PhoneArena, Wall Street Journal, CBS News, The Verge, AppleInsider, GuruFocus, USA Today, NBC News, The Economic Times, CBS News, Benzinga, iDrop News, Bloomberg, Sci-Tech, Investopedia, CBS News, Fortune, Watcher Guru, Gizmodo, Time, Metro.co.uk, SiliconANGLE, Tom's Hardware, How-To Geek, Spyglass, Inc, Fox Business, Washington Post, iPhone in Canada, Reuters, Raw Story, Gizmodo, CNN, Financial Times, Yahoo Finance, AppleInsider, Yahoo Finance, The Information, 9to5Mac, The Verge, Deseret News, Neowin, RetailWire, CNBC, BetaNews, New York Times, South China Morning Post, Investor's Business Daily, Daring Fireball, TradingView, Baller Alert, Times of India, Memphis Commercial Appeal, Reason, Mashable, Barron's Online, Newsweek, Fortune, PhoneArena, USA Today, The US Sun, Al Jazeera, CBS News, Axios, Associated Press, Techstrong IT, iDownloadBlog.com, People, CNET, UPI, Pocket-lint, TechCentral.ie, PetaPixel, Cult of Mac, Times of India, Newser, Mobile World Live, Semafor, Breitbart, Fox Business, New York Daily News, TechSpot, Townhall, ABC News, Patently Apple, CNBC, Newsweek, Fortune, The Wrap, Fierce Electronics, Yahoo Finance, The Independent, Rolling Stone, 9to5Mac, Forbes, Investor's Business Daily, TechCrunch, Analytics India Magazine, MeidasTouch News, Le·gal In·sur·rec·tion, Macworld, Wall Street Journal, FreightWaves, MarketWatch, New York Times, New Republic, Fox Business, Quartz, City A.M., The Guardian, NewsNation, The Hill, Associated Press, and Benzinga

Bluesky: @tomcoates, @quillmatiq.com, @ericfoltz, @craigipedia, @tomcoates, @petertl, @timeforchange, and @mrsdeborahlynn. Truth Social: @realDonaldTrump …. Mastodon: @cafechatnoir@mastodon.social

X: @mingchikuo, @truthtrumpposts, @mingchikuo, @atabarrok, @devahaz, @zacksjerryrig, @rakeshsfnyc, @spencerhakimian, @markgurman, @atrupar, @pitdesi, @pkafka, @rolfewinkler, @tomwarren, and @mgsiegler

Bloomberg:

Sources: Salesforce is in talks to acquire cloud data management company Informatica, reviving discussions that stalled in 2024; INFA closes up 17.45% — If a deal is reached, it could be announced as soon as next week, according to the people, who asked to not be identified because the discussions are private.

More: WebProNews, Reuters, SiliconANGLE, The Information, Barron's Online, and MarketWatch. LinkedIn: Brody Ford

Financial Times:

Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M — Failed UK start-up revised down revenues to just a quarter of prior estimates — Microsoft-backed Builder.ai collapsed …

More: Financial Times. Bluesky: @bondhack.ft.com, @bondhack.ft.com, @edzitron.com, @higgins.games, @mrmandolino.itch.io, @alexandraheal, @alexandraheal, @cynthiao, @edzitron.com, and @bondhack.ft.com

Mastodon: @GossiTheDog@cyberplace.social and @GossiTheDog@cyberplace.social

LinkedIn: Mike Stevens, Robert Smith, and Ray Wyand

Daniel Kuhn / The Block:

Polygon cofounder Mihailo Bjelic steps down from the project's development studio, Polygon Labs, and from the foundation board, marking the third founder exit — - Mihailo Bjelic is stepping back from his active role developing Polygon and from the foundation's board, according to an announcement on Friday.

More: crypto.news, Cointelegraph, Cryptopolitan, CoinDesk, and CoinGape

Kylie Robison / Wired:

A look at Anthropic's first developer conference, where CPO Mike Krieger said 70%+ of Anthropic's code pull requests are now written by their AI model Claude — Anthropic CEO Dario Amodei said everything human workers do now will eventually be done by AI systems.

More: ZDNET, Business Insider, and Inc

Bluesky: @edzitron.com, @kylierobison.com, and @karlbode.com

X: @kyliebytes, @kyliebytes, @kylebrussell, and @alexalbert__

Rest of World:

The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February — Early data shows the partnership is off to a slow start, as Reliance's retail machine struggles to cement its place in a market dominated by Amazon and Walmart.

X: @jeelanireports, @rinachandran, @restofworld, and @restofworld

Keith Broni / Emojipedia:

Japanese carrier Docomo is discontinuing its emoji set, which was last updated in 2013 and became one of the most influential in history after its debut in 1999 — This week, it was announced that Docomo's emoji designs will no longer appear on any of the Japanese mobile network's devices.

More: The Japan Times and Nikkei Asia. Bluesky: @emojipedia.org

Dan Gallagher / Wall Street Journal:

A look at the rise of “sovereign AI”, wherein countries invest directly in chip companies like Nvidia and AMD, making AI chips a highly politicized business — As Nvidia and others strike deals with sovereign nations, their business will become politicized as never before

Phoebe Liu / Forbes:

Metaverse startup Infinite Reality, which claims a $15B+ valuation, told shareholders it is rebranding as Napster, an “AI-powered digital experiences” provider — Florida-based metaverse startup Infinite Reality, which claimed to have raised one of this year's largest funding rounds …

More: MediaPost. Bluesky: @jawnpaulsarte. LinkedIn: Iain Martin

Wall Street Journal:

Sources: Tim Cook called Texas Governor Greg Abbott last week urging a veto or changes to a bill that would require Apple to verify users' ages on its devices — Apple's CEO called Greg Abbott after law passed requiring app stores to verify user ages — Apple stepped up efforts in recent weeks …

More: 9to5Mac, TechCrunch, The Independent, NewsMax.com, PhoneArena, Michael Tsai, The Mac Observer, The Verge, New York Post, Philip Elmer‑DeWitt, iPhone in Canada, AppleInsider, and MacTech.com

Bluesky: @peark.es. Threads: @documentingmeta. X: @amrithramkumar, @meghanbobrowsky, @zerohedge, @schilling1776, @zamaan_qureshi, and @taylorlorenz

Forums: r/technology and r/apple

Nilay Patel / The Verge:

Q&A with Uber CEO Dara Khosrowshahi on the trade-offs with Route Share, Uber's business structure, autonomous vehicles, working with fleet operators, and more — Today, I'm talking with Uber CEO Dara Khosrowshahi. We recorded this conversation the day Uber announced a big set of product updates …

Bluesky: @edzitron.com, @martinsfp, @marypcbuk, and @reckless

X: @sarthakgh, @sarthakgh, @dannyocean555, and @laurakmiller

Ryan Barwick / Axios:

Utah-based Awardco, which makes HR software that helps AT&T, Adobe, and other clients manage employee rewards, raised a $165M Series B at an over $1B valuation — Awardco announced Tuesday it has raised a $165 million Series B, valuing the employee rewards platform at more than $1 billion.

More: Awardco and FinSMEs

LinkedIn: Sixth Street and Awardco

Joseph Menn / Washington Post:

Experts say some Trump officials' plans to amp up cyberattacks against China would risk retaliation the US is increasingly unprepared for amid budget cuts — Some Trump administration officials want to hit back at China for its hacks on U.S. infrastructure — a risky strategy, experts say, amid budget reductions.

More: Times of Oman. Bluesky: @joemenn. LinkedIn: Dave Schroeder and J. Michael Daniel

Reuters:

Thoma Bravo-backed Nearmap agrees to acquire property and casualty insurance tech provider itel from PE firm GTCR, a source says for over $1.3B, including debt — Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR …

More: Nearmap, Life Insurance International, Tech in Asia, and Bloomberg Law

Sponsor Posts

Google:

Try Gemini 3 Pro — Google's newest and most intelligent AI model that helps you bring any idea to life

Shopify:

Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.

Zoho:

Connecting, collaborating, and growing: Zoho Mail 2025 wrap-up — Your inbox has been home to a lot this year—quick updates, long threads, approvals, reminders, and the occasional late-night draft you weren't sure about.

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Great Chat:

The stories we told ourselves in 2025

A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.

Subscribe to Great Chat.

The Social Radars:

Jessica & Carolynn Announce Season 5!

Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.

Subscribe to The Social Radars.

Grit:

How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader

Grit explores what it takes to create, build and scale world-class organizations.

Subscribe to Grit.

Lenny's Podcast:

The coming AI security crisis (and what to do about it) | Sander Schulhoff

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Big Technology Podcast:

OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence

The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.

Subscribe to Big Technology Podcast.

Tools and Weapons with Brad Smith:

Ted Sarandos: Netflix and how tech changed storytelling

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 AM ET, May 24, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sara Fischer / Axios:

60 Minutes' CECOT segment, pulled by Bari Weiss, was mistakenly aired in Canada via an app owned by Global Television, which airs 60 Minutes in the country

Alex Weprin / The Hollywood Reporter:

WBD's board says it will “carefully review and consider” Paramount's revised offer, which includes a full backstop personally guaranteed by Larry Ellison

Max Tani / @maxwelltani:

Email to staff: NPR's standards chief proposes limiting quotes from University of Richmond law professor Carl Tobias, “an expert at getting himself quoted”

Upcoming Tech Events

Jan 4

Samsung "The First Look" media event

Game Developers Conference

More News

Bloomberg:

A US judge vacates Avraham Eisenberg's convictions for fraud and manipulation related to a $110M theft on Mango Markets in 2022 due to insufficient evidence

More: Blockchain News, Cointelegraph, and CoinGape

Sarah Perez / TechCrunch:

RevenueCat, which offers tools for devs to add subscriptions to their apps, raised a $50M Series C led by Bain Capital Ventures, valuing the company at $500M

More: Business Wire, Reuters, Pulse 2.0, Bain Capital Ventures, RevenueCat Blog, Axios, PYMNTS.com, and FinSMEs

X: @elwatto, @jasonlk, and @emcro

LinkedIn: Jacob Eiting, Bain Capital Ventures, Jacob Eiting, and Matt Berry

Katie Roof / Bloomberg:

CB Insights: OpenAI's acquisition of Jony Ive's io for $6.5B sets a new record for venture-backed acquisition by a private buyer

X: @katie_roof. LinkedIn: Katie Roof

Bloomberg:

Sources: CommScope is exploring a sale of its broadband connectivity and cable arm CCS for up to $10B, seeking to unload assets to repay debt

More: Insider Monkey and Reuters

New York Times:

Q&A with Demis Hassabis about how Google I/O became the Gemini show, Google getting “AGI-pilled”, Project Astra, Sergey Brin's shorter AGI timelines, and more

More: Benzinga and Blockchain.News

Bluesky: @dell. X: @sama, @vitrupo, @modestproposal1, @modestproposal1, @demishassabis, and @officiallogank

Kyle Wiggers / TechCrunch:

OpenAI says Operator, its AI agent that can use the web to perform tasks, will soon use a model based on o3 after previously using a custom version of GPT-4o

More: OpenAI, The Economic Times, The Decoder, Cryptopolitan, BleepingComputer, and VentureBeat

X: @openai, @reiinakano, @sama, and @danshipper

Hugh Son / CNBC:

Monarch, which makes a personal finance app, raised a $75M Series B at a $850M valuation, says its subscribers grew by 20x since Intuit closed Mint in 2023

More: This Week in Fintech, Monarch Money, and PYMNTS.com

LinkedIn: Wesley Chan and Christina L.. Forums: r/MonarchMoney

Todd Spangler / Variety:

First Lady Melania Trump releases an audiobook of her memoir, with her “official AI voice” created by ElevenLabs, available exclusively in the ElevenReader app

More: Mashable, HOLA!, Cryptopolitan, and Washington Times. Bluesky: @harlanbelle

Earlier Picks

Ashley Capoot / CNBC:

Intuit stock jumps 8% after reporting Q3 revenue up 15% YoY to $7.8B with FY 2025 guidance of $18.72B to $18.76B, up from $18.16B to $18.35B

More: Tech in Asia, Benzinga, Yahoo Finance, and Proactive. LinkedIn: Arundhati Singh

Ivan Mehta / TechCrunch:

Zoom CEO Eric Yuan used an AI avatar for his initial comments on Zoom's Q1 earnings call on May 21; Klarna's CEO used an AI avatar to deliver earnings on May 19

More: TechCrunch, Livemint, and Business Today

Bluesky: @carnage4life and @prietschka

X: @klarnaseb, @thetranscript_, @thetranscript_, and @brij

LinkedIn: Ilana C. Alberico, Georg Zoeller, and Matthew Moynahan. Forums: r/technology

Emma Roth / The Verge:

CEO Anil Dash says Glitch will stop hosting projects and close user profiles on July 8; Glitch launched in March 2017, and Fastly acquired it in May 2022

More: The Hans India, Glitch Blog, Tech in Asia, and The Register

Bluesky: @schul.dev, @fionawh.im, @pomdtr.me, @kylebrussell, @kylebrussell, @taggart-tech.com, @jos1264.social …, @waxy.org, @pvh.ca, and @anildash.com

Mastodon: @mttaggart@infosec.exchange and @TheRealPomax@mastodon.social. X: @kylebrussell

Forums: Hacker News and Slashdot

Wall Street Journal:

Trump hosted a gala dinner for top buyers of $TRUMP, including Justin Sun, and said he was fulfilling his promise to make the US the world's “crypto capital”

More: Wired, Fortune, NBC News, NBC News, The Independent, New York Times, MSNBC, Gizmodo, Business Insider, The Block, Reuters, Mediaite, South China Morning Post, and Fox News

Bluesky: @repcasar, @jtheman, @mrsdeborahlynn, @thacalebdume, @lesleyabravanel, @hollia, @kevincollier, and @bethtoja

Mastodon: @GottaLaff@mstdn.social and @cbarbermd@med-mastodon.com

X: @eleanorterrett, @mikeisaac, @pitdesi, @adamscochran, @nprinskeep, @danprimack, @wutangkids, @themainewonk, @krassenstein, @darrigomelanie, @giantbabycorn, @chrismurphyct, and @calltoactivism. LinkedIn: Benjamin Weiss

Forums: r/inthenews, r/politics, and r/politics

Ionut Ilascu / BleepingComputer:

The US DOJ indicts a Russian national for allegedly leading the Qakbot malware operation that infected 700K+ computers and enabled ransomware attacks for years

More: Security Affairs, SC Media, Coinpedia Fintech News, Cyber Security News, US Department of Justice, US Department of Justice, Metacurity, The Register, The Record, and Reuters

Jody Godoy / Reuters:

The US FTC drops a case that sought to block Microsoft's $69B acquisition of Activision Blizzard, saying that pursuing the case was not in the public interest

More: HotHardware, Fast Company, Yahoo Finance, WinBuzzer, Washington Examiner, games fray, GeekWire, The Verge, and Dexerto

Mastodon: @Knoebel@mastodon.social. X: @bradsmi, @florian4gamers, @tomwarren, and @games_fray. Forums: r/microsoft

Andy Greenberg / Wired:

The US DOJ announces criminal charges against 16 individuals allegedly linked to DanaBot, a Russia-based malware operation that infected 300K+ machines globally

More: Europol, BleepingComputer, WebProNews, The Record, Hackread, Security Boulevard, US Department of Justice, CyberScoop, Forbes, Protos, and WeLiveSecurity

LinkedIn: Martin G. Nystrom, Ryan Kalember, Dharmesh Mehta, and Jamie Wendell

Forums: r/UpliftingNews, r/cybersecurity, r/technology, and Ars OpenForum

Sam Bowman / @sleepinyourhat:

Anthropic says Opus 4 will use an email tool to “whistleblow” if it detects users doing something “egregiously evil”, like marketing a drug based on faked data