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May 29, 2025, 10:05 PM
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Heather Somerville / Wall Street Journal:
Meta and Anduril partner to build EagleEye, a line of XR products like helmets that enhance soldiers' hearing and vision and enable control of AI weapon systems  —  The Facebook and Instagram parent is partnering with Anduril Industries to develop combat VR headsets for the Army
Kevin Breuninger / CNBC:
A federal appeals court grants the Trump administration's request to temporarily pause a lower court ruling that struck down most of President Trump's tariffs  —  - CNBC Councils  — Supply Chain Values  — CNBC on Peacock  — Join the CNBC Panel  — Ad Choices  — News Tips
Jonathan Stempel / Reuters:
Filing: the US SEC voluntarily dismissed its 2023 lawsuit against Binance and CZ that accused them of diverting customer funds, misleading investors, and more  —  The U.S. Securities and Exchange Commission voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange, a Thursday court filing shows.
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 …
Carl Franzen / VentureBeat:
Like its predecessor, DeepSeek-R1-0528 has an MIT License and model weights are on Hugging Face; DeepSeek API users will get to use the model at no extra cost
Jez Corden / Windows Central:
Sources: Microsoft has sidelined its native Xbox handheld to focus on improving Windows 11 gaming performance for devices like the Asus model debuting in 2025  —  Xbox's handheld ambitions continue unabated, but the focus is shifting towards improving Windows 11 for third-party handhelds — for now.
Kyle Wiggers / TechCrunch:
Black Forest Labs releases Flux.1 Kontext, a suite of AI models that let users generate and edit images using both text and images as inputs  —  Black Forest Labs, the AI startup whose models once powered the image generation features of X's Grok chatbot, on Thursday released a new suite …
New York Times:
The New York Times agrees to license editorial content to Amazon for use in its AI platforms, marking NYT's first licensing deal with a focus on generative AI  —  In 2023, The Times sued OpenAI and Microsoft for copyright infringement.  Now its editorial content will appear across Amazon platforms.
Kyle Wiggers / TechCrunch:
Perplexity launches Perplexity Labs, letting users craft reports, spreadsheets, dashboards, and more, available on the web, iOS, and Android for its Pro users  —  Perplexity, the AI-powered search engine gunning for Google, on Thursday released Perplexity Labs, a tool for subscribers …
Kif Leswing / CNBC:
Dell reports Q1 revenue up 5% YoY to $23.38B, vs. $23.14B est., forecasts Q2 revenue above est., and raises its FY 2026 profit forecast on demand for AI systems  —  Shares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast …
Krystal Hu / Reuters:
Grammarly raised $1B in non-dilutive funding from General Catalyst to expand its AI tools; 2005-founded Grammarly has $700M+ in annual revenue and is profitable  —  Grammarly has raised $1 billion in non-dilutive financing from General Catalyst to expand its artificial intelligence (AI) …
Annie Palmer / CNBC:
Job postings: Amazon has a new ZeroOne team focused on inventing “breakthrough” consumer products, and led by former Microsoft executive J Allard  —  Amazon's devices unit has a new team tasked with inventing “breakthrough” consumer products that's being led by a former Microsoft executive who helped create the Xbox.
More: PYMNTS.com, Engadget, GeekWire, and The Verge
Bluesky: @anniepalmer and @marypcbuk.  Forums: Slashdot
Andrew Orr / AppleInsider:
An Apple-funded study says the US App Store drove $406B in 2024 billings and sales, up from $142B in 2019, with developers paying no commission on 90% of sales  —  Perhaps to fight off the ire of legislators worldwide about App Store fees, Apple says that it has grown the global economy …
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:
Axios:
Sources: the Trump administration is looking to change the AI Safety Institute's name to the Center for AI Safety and Leadership in the coming days  —  The Trump administration is looking to change the AI Safety Institute's name to the Center for AI Safety and Leadership in the coming days, per two sources familiar with the matter.
Bloomberg:
ClickHouse, which offers an OLAP database management system, raised $350M led by Khosla, a source says at a $6.35B valuation; it is nearing an ARR of $100M  —  The would-be Snowflake competitor has raised $350 million from investors. … Khosla Ventures led the $350 million financing, ClickHouse plans to announce Thursday.
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.
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.
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.
Bloomberg:
Source: Victoria's Secret tells staff to avoid using company tech due to a “security incident”; CEO Hillary Super says “recovery is going to take awhile”

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From Mediagazer

Brian Steinberg / Variety:
Major brands were replaced by direct-response advertisers during commercial breaks of CBS News' December 13 town hall with Erika Kirk, moderated by Bari Weiss

Kanis Leung / Associated Press:
Apple Daily founder Jimmy Lai is found guilty of colluding with foreign forces and conspiring to publish seditious articles, and faces a possible life sentence

Aidan Ryan / The Boston Globe:
The Boston Globe says Brian McGrory will return as editor, after Nancy Barnes' departure at the end of 2025; McGrory previously was editor from 2012 to 2023

More News

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”

Earlier Picks

Wes Davis / The Verge:
An interview with Evan Feinman, the lead architect of Biden's $42.5B US broadband program before his ouster by the Trump administration, on the program's future
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
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
Sahil Lavingia:
Gumroad founder Sahil Lavingia discusses working as a DOGE software engineer for the VA and says he was let go after his Fast Company interview was published
Zachary Basu / Axios:
Elon Musk departs the Trump administration as a “special government employee”, defending DOGE's mission to reduce wasteful government spending
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