Techmeme: 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 (Wall Street Journal)

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May 31, 2025, 1:55 AM

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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.

More: Bond Capital, TechCrunch, Financial Times, PitchBook, and The Information

Bluesky: @eguango and @glinden. Threads: @benedictevans

X: @davidmarcus, @buccocapital, @refsrc, @pedroh96, @hdubugras, @edsim, @bondcap, @modestproposal1, and @howardlindzon

LinkedIn: Alexander Krey and Katie Denton

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

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 …

Bloomberg:

Sources: Trump administration plans to expand Entity List restrictions to cover subsidiaries of Chinese companies, aiming to block workarounds via new offshoots

More: BeInCrypto, crypto.news, Yahoo Finance, and Benzinga

Financial Times:

Sources say Alibaba, Tencent, Baidu, and other Chinese companies are testing domestic alternatives as they deal with a dwindling stockpile of Nvidia processors

More: Wall Street Journal, The Information, CNBC, Yahoo Finance, Benzinga, Tom's Hardware, Bloomberg, Cryptopolitan, and Reuters

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.

More: Wired, New Republic, Insider Monkey, Politico, The Information, TheStreet, MSNBC, Benzinga, The Independent, Mock Paper Scissors, Yahoo Finance, Raw Story, Techdirt, NPR, IJR, Wall Street Journal, and Talking Points Memo

Bluesky: @makenakelly, @brockm, @menendez.house.gov, @joshsternberg.com, @maxberger, @daviddarmofal, @katie-drummond, @timmarchman, @leahfeiger, @shawnmusgrave, @papasc, @50501newyork, @tinyklaus.com, @justinlevitt, and @carlquintanilla

Mastodon: @chrisstoecker@mastodon.social, @wendysiegelman@mastodon …, @KimPerales@toad.social, and @jeffjarvis@mastodon.social

X: @jeffjarvis and @eff

LinkedIn: Christian Stoecker and Jerry Davis

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 …

X: @davidsacks, @bgurley, @miles_brundage, and @reedalbergotti

Bloomberg:

Sources: Elon Musk is pushing lawmakers to help clear a path for driverless vehicles and has been weighing in on revisions of a bill on autonomous vehicles — In recent weeks, Musk and people who work for him have been calling members of Congress directly to gather support, said the people …

More: CleanTechnica, Benzinga, TechCrunch, InsideEVs, TESLARATI, and Proactive

Reuters:

Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024 — Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter …

X: @annatonger

Bloomberg:

Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt — Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report.

More: Business Wire, Pulse 2.0, Verdict, Seattle Business Journal, GeekWire, Axios, CPA Practice Advisor, PYMNTS.com, and Channel Futures

Washington Post:

Sources: the White House is finalizing EOs on drones that could end Chinese drone sales in the US, update federal rules on where drones can be flown, and more — President Trump is expected to sign executive orders next week that widen his policies targeting China and Chinese companies.

More: IT Brew, insideHPC, and The Kyiv Independent

Bluesky: @etxgov. Forums: r/politics

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:

Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024 — Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy …

LinkedIn: Yazhou Sun

Allie Garfinkle / Fortune:

NYC-based Empathy, which runs an online platform providing on-demand tools and guidance for bereaving families, raised a $72M Series C led by Adams Street — Ron Gura, cofounder and CEO of Empathy. — Empathy — Ron Gura doesn't use the word “death” every day. — Recommended Video

More: Empathy, CTech, Canadian Press, FinSMEs, VC News Daily, and StrictlyVC

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From Mediagazer

Katie Kilkenny / The Hollywood Reporter:

Letter: movie theater trade organization Cinema United, which previously supported the AGs' lawsuit against Paramount's WBD deal, now favors settlement talks

Todd Spangler / Variety:

José Suárez, president and general manager of three Telemundo-owned TV stations in Florida, died in a helicopter crash Wednesday in Kenya along with six others

Mike Leonard / Bloomberg Law:

Azerbaijan sues CNN in US federal court, accusing CNN of falsely reporting that Azerbaijan let Israel stage military operations against Iran from its territory

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Chris Metinko / Axios:

Boston-based cloud cost management startup CloudZero raised a $56M Series C led by BlueCrest Capital Management and Innovius Capital

More: SiliconANGLE, CloudZero, and CRN

Sarah Perez / TechCrunch:

Automattic says it will resume contributing to the WordPress project, after announcing a pause in April

More: Automattic. Bluesky: @ernie.tedium.co. X: @davidrisley, @automattic, @kevin_jahns, @prashant_baldha, and @katiekeithbarn2. Forums: Slashdot

Bloomberg:

Sources: TSMC is evaluating building a “gigafab” in the UAE and has discussed the possibility with MGX and officials in the Trump administration

Ina Fried / Axios:

Microsoft hires ex-Biden administration lawyer Lisa Monaco as president of global affairs and promotes ex-Trump official C.J. Mahoney to general counsel

More: The Information. X: @inafried. LinkedIn: C.J. Mahoney

Duncan Riley / SiliconANGLE:

Prepared, which offers AI tools to modernize emergency response systems, raised a $80M Series C led by General Catalyst, bringing its total funding to ~$135.2M

More: GovTech, General Catalyst, and Fast Company

X: @davidu and @kimberlywtan

Axios:

Sources: Atticus, a stealthy stablecoin banking startup, is in advanced talks to raise new funding led by Palmer Luckey at a valuation of between $1.5B and $2B

More: The Block. Bluesky: @stevenjcbuckley. X: @pitdesi

Wired:

German police identify TrickBot and Conti ransomware leader “Stern” as Vitaly Nikolaevich Kovalev, believed to be in Russia and shielded from extradition

More: BleepingComputer. Bluesky: @lhn, @mattburgess1, and @couts. LinkedIn: Matt Burgess

Rashi Shrivastava / Forbes:

Snorkel AI, which pivoted from data labeling to building AI evaluation tools, raised a $100M Series D led by Addition at a $1.3B valuation, up from $1B in 2021

More: Pulse 2.0 and FinSMEs

LinkedIn: André Balleyguier and Dan O'Mahony

Earlier Picks

Cory Weinberg / The Information:

Source: Chime's IPO is expected to price at ~$11B, down from its $25B private valuation in 2021; every VC-backed IPO in the past 12 months has been a down round

More: Bloomberg and Fortune. LinkedIn: Aman Verjee

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

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

More: Cryptopolitan, Rolling Stone, HuffPost, Yahoo Finance, CNBC, Page Six, Democrats, PCMag, People, Mirror, Australian Financial Review, Esquire, SFist, NextDraft, The Daily Beast, Gizmodo, Los Angeles Times, USA Today, The Bulwark, Can We Still Govern?, The Hill, Roll Call, The Hollywood Reporter, Time, New York Post, The US Sun, al.com, Consequence, TechCrunch, New Jersey Online, Gamereactor UK, New York Magazine, NBC News, CBS News, and Futurism

Bluesky: @maxberger, @kimmasters, @johnhatchard, @caseynewton, @davelee.me, @akarra, @seanokane, @kashhill, @kjhealy.co, @icantbelievethis, @noupside, @newsjennifer, @skookses, @mcbridetd, @carlquintanilla, and @wooftom57

Mastodon: @anneapplebaum@journa.host, @micahflee@infosec.exchange, @GossiTheDog@cyberplace.social, @dansinker@omfg.town, and @jeffjarvis@mastodon.social. Threads: @tomgara

X: @shannonrwatts, @djkoessler, @hadas_gold, @repsherrill, @inrodwetrustmtl, @digiphile, @nhkathysullivan, @skooks, @jondmaas, and @lindsayballant

Forums: r/democrats, r/grimezs, r/EnoughMuskSpam, r/neoliberal, r/somethingiswrong2024, r/NewsOfTheWeird, r/NIH, r/atlanticdiscussions, r/Destiny, r/teamjustinbaldoni, r/RealTesla, r/Hasan_Piker, r/politics, and r/inthenews

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

More: Krebs on Security, U.S. Department …, CryptoSlate, The Daily Hodl, Decrypt, Metacurity, The Crypto Times, Security Affairs, CoinDesk, Tech Monitor, The Shib Daily, The Register, Chainalysis, DataBreaches.Net, Manila Bulletin, BleepingComputer, PCMag, CyberScoop, Reuters, CoinJournal, Elliptic, Plain Dealer, Protos, crypto.news, The Record, UPI, and The Block

Bluesky: @campuscodi.risky.biz and @ericjgeller.com

Mastodon: @lorenzofb@infosec.exchange and @briankrebs@infosec.exchange

X: @statedeptspox, @treasurydepsec, @ustreasury, @thezedwards, and @fbi. LinkedIn: Brian Krebs

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

More: 9to5Mac, MacRumors, WinBuzzer, PhoneArena, Apple, PYMNTS.com, MacTech.com, iPhone in Canada, The Mac Observer, Apple Must, Cult of Mac, iClarified, TechCrunch, and MacRumors. X: @munster_gene