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May 30, 2025, 8:20 PM
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Reuters:
Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts  —  Semiconductor design software firm Synopsys (SNPS.O) has told staff in China to halt services and sales in the country and stop taking …
Dan Primack / Axios:
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more  —  Mary Meeker, the famed internet analyst turned venture capitalist, on Friday published her first Trends report since 2019 — focused on the AI revolution.
New York Times:
Sources: Palantir's Foundry is now deployed in at least four federal agencies, after Trump signed an EO calling for the government to share data across agencies  —  Alex Karp, a co-founder and the chief executive of Palantir, at a forum in Washington in April.
Wall Street Journal:
US v. Google: during closing arguments, a judge queried both sides on ideas to limit Google's monopoly in search and said he expects to issue a ruling in August  —  Lawyers began making closing arguments Friday in landmark antitrust case over online search market, future of artificial intelligence
New York Times:
Sources: Elon Musk engaged in intense drug use during the 2024 presidential campaign, as he juggled the messy consequences of efforts to produce more babies  —  As Mr. Musk entered President Trump's orbit, his private life grew increasingly tumultuous and his drug use was more intense than previously known.
Lorenzo Franceschi-Bicchierai / TechCrunch:
The US Treasury sanctions Philippines-based Funnull Technology for allegedly facilitating “pig butchering” crypto scams that stole over $200M from US victims  —  The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running so-called …
Sarah Perez / TechCrunch:
Automattic says it will resume contributing to the WordPress project, after announcing a pause in April  —  WordPress.com parent company Automattic is changing direction... again.  —  In a blog post titled “Returning to Core” published Thursday evening, Automattic announced it will unpause its contributions to the WordPress project.
Kate Clark / Bloomberg:
Sources: Abridge, which uses AI to transcribe medical chats, is raising $300M led by a16z at a $5.3B valuation, up from $2.75B in February when it raised $250M  —  The startup is raising $300 million for software that takes notes on conversations with doctors and patients.
Bloomberg:
Sources: TSMC is evaluating building a “gigafab” in the UAE and has discussed the possibility with MGX and officials in the Trump administration  —  The company has had multiple meetings in recent months with Steve Witkoff, the US special envoy to the Middle East, and officials from MGX …
Reed Albergotti / Semafor:
Sources: Anthropic has been lobbying Congress to oppose a bill banning states from regulating AI, and pushed against the recent US AI deal with Gulf states  —  THE SCOOP  —  Anthropic is going toe-to-toe with the Trump Administration on artificial intelligence policy …

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From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

More News

Dave Lee / Bloomberg:
Meta's Anduril deal shows how much has changed in the past couple of years in Silicon Valley, where developing war tech was once considered a hard red line

Earlier Picks

Paresh Dave / Wired:
Meta says it has cut US content removal mistakes by half since its January policy changes, without broadly exposing users to more offensive content than before
Rebecca Szkutak / TechCrunch:
Hugging Face unveils two open-source humanoid robots, the $3,000 full-sized HopeJR and a $250-$300 Reachy Mini desktop unit, expected to ship by the end of 2025
Mia Sato / The Verge:
Two rival Amazon influencers seek to dismiss their 2024 copyright case, where one accused the other of posting similar promotional content for the same products
Aisha Malik / TechCrunch:
YouTube plans to roll out Google Lens integration to Shorts in the coming weeks, allowing users to search for elements within Shorts
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
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
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