Techmeme
May 29, 2025, 11:30 AM

Top News

Kif Leswing / CNBC:
Nvidia reports Q1 revenue up 69% YoY to $44.06B, above $43.31B est., Data Center revenue up 73% to $39.1B, and net income up 26% to $18.78B; NVDA jumps 5%+  —  Nvidia reported better-than-expected earnings and revenue on Wednesday, as the company's booming data center business recorded year-over-year growth of 73%.
Bloomberg:
Nvidia CEO Jensen Huang says Chinese AI rivals are filling the void left by US companies leaving China and Huawei has become “quite formidable”  —  Nvidia Corp. Chief Executive Officer Jensen Huang said that Chinese AI rivals are filling the void left by the departure of US companies …
Zachary Basu / Axios:
Elon Musk departs the Trump administration as a “special government employee”, defending DOGE's mission to reduce wasteful government spending  —  Elon Musk pivoted to damage control in his final days as a “special government employee,” publicly recommitting to Mars …
New York Times:
Wall Street Journal:
Luz Ding / Bloomberg:
DeepSeek says its R1 update can perform mathematics, programming, and general logic better than the previous version, and comes close to o3 and Gemini 2.5 Pro  —  The Chinese startup DeepSeek said Thursday that its upgraded artificial-intelligence model can perform mathematics, programming …
New York Times:
NYT and Amazon agree to a content licensing deal for use in Amazon's AI platforms and to bring the NYT's “content to a variety of Amazon customer experiences”  —  In 2023, The Times sued OpenAI and Microsoft for copyright infringement.  Now its editorial content will appear across Amazon platforms.
Lindsay Whitehurst / Associated Press:
The US Court of International Trade blocks Trump from imposing sweeping import tariffs under an emergency-powers law, finding Trump exceeded his authority  —  A federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.
More: Axios, Bloomberg, Wall Street Journal, Reuters, The Guardian, AppleInsider, ABC News, MacRumors, PCWorld, CNBC, 9to5Mac, MarketWatch, Mashable, NBC News, Associated Press, New York Times, GameSpot, New York Times, BBC, Fierce Electronics, Inside Climate News, Politico, PYMNTS.com, CNN, Quartz, Tom's Hardware, New York Times, Benzinga, The Irish Times, Morningstar, Inc., Yahoo Finance, Blockonomi, The Mac Observer, Investor's Business Daily, The Hill, CBS News, USA Today, and Courthouse News Service
Axios:
Anthropic CEO Dario Amodei says AI may wipe out half of all entry-level white-collar jobs and spike US unemployment to 10%-20% in the next one to five years  —  Dario Amodei — CEO of Anthropic, one of the world's most powerful creators of artificial intelligence — has a blunt, scary warning for the U.S. government and all of us:
Jennifer Young / Windows Central:
Nvidia debuts a native GeForce NOW app for Steam Deck, supporting games in up to 4K at 60 FPS; in testing, the app extended Steam Deck battery life by up to 50%  —  You can download GeForce NOW on Valve's Steam Deck today and play PC titles outside of the handheld's capabilities over the cloud.
Bill Toulas / BleepingComputer:
GreyNoise researchers detail a novel botnet infecting 9K+ routers from Asus and others with a persistent SSH backdoor, enabling access after reboots and updates  —  Over 9,000 ASUS routers are compromised by a novel botnet dubbed “AyySSHush” that was also observed targeting SOHO routers from Cisco, D-Link, and Linksys.
Financial Times:
Sources: the US Commerce Department tells electronic chip design automation groups, which include Cadence and Synopsys, to stop supplying their tech to China  —  Move by Washington is latest effort to stymie geopolitical rival's technological advance  —  Demetri Sevastopulo in Washington …
Financial Times:
The Czech Republic says that the state-sponsored Chinese hacking group APT31 has targeted its foreign ministry's unclassified communications network since 2022  —  ‘Malicious’ assault blamed on group known as APT31 that has been linked with Chinese state security ministry
Sergiu Gatlan / BleepingComputer:
Victoria's Secret replaces its website with a message saying “we identified and are taking steps to address a security incident”, and closes some store services  —  Fashion giant Victoria's Secret has taken down its website and some store services because of an ongoing security incident.
Jess Weatherbed / The Verge:
Tom Warren / The Verge:
Ben Schoon / 9to5Google:
Samsung releases the first One UI 8 beta for Galaxy S25, S25+, and S25 Ultra, with an updated Quick Share and more, in South Korea, the US, and other regions  —  Samsung just released its very first One UI 8 update in beta, and while it's not as big of an update as One UI 7 was …
Rest of World:
Migrant Filipino workers in Taiwan's chip industry say job brokers control everything from paychecks to dorm beds, leaving them feeling trapped and exploited  —  In Taiwan's AI-fueled chip boom, brokers control everything from paychecks to dorm beds, leaving workers feeling trapped and exploited.
Reuters:
Marco Rubio says the US will impose visa bans on foreign nationals “who censor Americans” and calls arrest warrants for social media posts “unacceptable”  —  The U.S. will impose visa bans on foreign nationals it deems to be censoring Americans, Secretary of State Marco Rubio …
Wall Street Journal:
Making a short AI film with tools from Google, Runway, ElevenLabs, and Midjourney shows the tech has improved but it takes tedious work to get scene consistency  —  We tried to direct an AI film with Veo and Runway.  The tools are magic.  The process is madness.  —  Click for Sound

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Sahil Lavingia:
Mark Gurman / Bloomberg: