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May 30, 2025, 12:35 PM
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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.
Jez Corden / Windows Central:
Sources: Microsoft sidelines its native Xbox handheld to focus on Windows 11 gaming performance for third-party OEM devices, like an 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.
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 …
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  —  AI dev platform Hugging Face continued its push into robotics on Thursday with the release of two new humanoid robots.
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  —  Meta says loosening its enforcement policies earlier this year led to fewer erroneous takedowns on Facebook and Instagram …
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
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  —  As it faces off against larger players, the data labelling startup is doubling down on using human experts to judge the accuracy of AI systems.
More: FinSMEs
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.
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 …
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 …

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From Mediagazer

Todd Spangler / Variety:
SAG-AFTRA signs an agreement with Netflix covering The Pete Davidson Show as a podcast, after talks about whether it should be treated as a TV show or a podcast

Edith Hancock / Wall Street Journal:
The EU approves UMG's $775M acquisition of Downtown Music, a deal UMG expects to complete in the coming weeks after announcing it in December 2024

Alice Brooker / Press Gazette:
An interview with Chloe Rushmere, head of content for magazine and newspaper subscription app Readly, on future plans as Readly integrates with France's Cafeyn

More News

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
Stephen Nellis / Reuters:
The US Department of Energy says its Doudna supercomputer, due in 2026, will use Nvidia's latest Vera Rubin chips built into liquid-cooled servers by Dell
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
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

Earlier Picks

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
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
Jay Peters / The Verge:
Adam Mosseri says Instagram now supports photos with a 3:4 aspect ratio, ensuring that photos appear as they were originally shot, without cropping
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
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
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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