Techmeme: Visa: stablecoin transaction volumes hit $752B in May, up from $409B in May 2024, and wallets that regularly send and receive payments hit a record 46M average (Financial Times)

Andrew Cunningham / Ars Technica:

An interview with Craig Federighi on iPadOS 26's multitasking UI, Stage Manager's interface limitations, and why the iPad's Mac-style multitasking took so long — Federighi talks to Ars about why the iPad's Mac-style multitasking took so long. — CUPERTINO, Calif.—When Apple Senior Vice President …

More: TechCrunch, The Mac Observer, iClarified, MacDailyNews, Spyglass, 9to5Mac, MacRumors, BGR, Max Tech on YouTube, Creative Strategies, zollotech on YouTube, Pixel Envy, Tom's Guide, ZDNET, 9to5Mac, Android Central, iPhone in Canada, and iDrop News

X: @caro_milanesi, @leakerapple, @vadimyuryev, @mgsiegler, and @rjeytech

Forums: r/apple, Ars OpenForum, and MacRumors Forums

Lorenzo Franceschi-Bicchierai / TechCrunch:

Apple fixes an iPhone zero-day used in Paragon spyware hacks after a Citizen Lab report found two European journalists had their iPhones hacked with the spyware — Researchers revealed on Thursday that two European journalists had their iPhones hacked with spyware made by Paragon.

More: The Citizen Lab, TechCrunch, Apple Support, The Record, 9to5Mac, BleepingComputer, CyberInsider, CyberScoop, Silicon UK, Daily Sabah, Reuters, and The Guardian

Bluesky: @lorenzofb, @nathanpatin, @citizenlab.ca, @snlyngaas, and @lorenzofb. Mastodon: @lorenzofb@infosec.exchange

LinkedIn: Lorenzo Franceschi-Bicchierai and Ronald Deibert

See also Mediagazer

Justine Calma / The Verge:

Google is working with the US National Hurricane Center to test an AI model that forecasts cyclones and launches Weather Lab to share its AI weather models — It's working with the US National Hurricane Center to test out its new AI-based tropical cyclone model.

More: 9to5Google, VentureBeat, Google DeepMind, Engadget, New York Times, WinBuzzer, and The Keyword. LinkedIn: Aaron Bell

Emanuel Maiberg / 404 Media:

Meta sues Joy Timeline, which makes nudify app CrushAI, in Hong Kong to prevent it from advertising on Meta apps; in January, 90% of its traffic came from Meta — As part of what it claims is a new crackdown, Meta is suing a nudify app and “strengthening” its enforcement.

More: Meta Newsroom, The Verge, Engadget, MarketWatch, PCMag, The Hill, CNN, The Independent, Indicator, Quartz, Proactive, Yahoo Finance, UPI, KNSD-TV, BBC, CBS News, TechCrunch, Bloomberg, and TechSpot

Bluesky: @samleecole and @emanuelmaiberg. Threads: @katienotopoulos. X: @metanewsroom. LinkedIn: Marie Hoffman

Bill Toulas / BleepingComputer:

An Interpol-led law enforcement action in 26 countries disrupted infostealer operations, leading to takedowns of 20K+ malicious IPs and domains and 32 arrests — An international law enforcement action codenamed “Operation Secure” targeted infostealer malware infrastructure …

Marcus Mendes / 9to5Mac:

Apple unveils updates to help parents protect kids and teens online, such as easier Child Accounts setup, stronger defaults, and granular App Store age ratings — Apple today announced a sweeping set of updates aimed at helping parents protect kids and teens online, as part of its broader push …

More: Apple, PCMag, Thurrott, iDownloadBlog.com, Engadget, Business Standard, The Mac Observer, The Verge, iThinkDifferent, iClarified, Cult of Mac, and AppleInsider

Bloomberg:

Arm CEO Rene Haas sides with Nvidia CEO Jensen Huang, saying US export controls on China threaten to slow overall tech advances and harm consumers and companies — “If you narrow access to to technology and you force other ecosystems to grow up, it's not good,” Haas said Thursday in an interview …

More: Axios, CNBC, Tom's Hardware, WinBuzzer, and Cryptopolitan. Forums: r/China

Kerry Flynn / Axios:

Lyft ramps up its ad business with three new ad formats; CEO David Risher said that Lyft is on track to reach a $100M annualized ad revenue run rate by 2025 end — Lyft is ramping up its ad business with new formats, the ride-hailing company exclusively tells Axios.

More: Restaurant Business. Bluesky: @quinnypig.com and @chicagomike

Erik Hayden / The Hollywood Reporter:

SAG-AFTRA ends the 320+ day video game performers strike after reaching a tentative new Interactive Media Agreement contract with the major video game companies — The union had taken a stand on artificial intelligence, among other concerns, as it looked to advocate for voice and performance capture workers.

More: SAG-AFTRA, Polygon, TechRaptor, PocketGamer.biz, Eurogamer.net, PC Gamer, Variety, Engadget, NBC News, Deadline, and Blue's News. Bluesky: @sagaftra.org

See also Mediagazer

Cynthia Littleton / Variety:

A look at Apple's vision for Apple TV+ and its film business, as Tim Cook says the company's $200M+ bet on “F1 the Movie” is about more than selling iPhones — Apple CEO and Formula 1 superstar Lewis Hamilton join forces on ‘F1 the Movie’ to take the tech giant's film business to new heights

More: GB News, Benzinga, Latest from Short list, The Sun, The Mac Observer, iClarified, MacRumors, On my Om, AppleInsider, 9to5Mac, MacDailyNews, and Mirror

X: @impatrickt, @variety, @vincenzolandino, @simsgazette, @om, @om, @maxwinebach, @parkerortolani, and @dylanbyers

Forums: r/MediaMergers, r/boxoffice, r/apple, r/tvPlus, and MacRumors Forums

See also Mediagazer

New York Times:

Sources: FTC is discussing a consent decree on the Omnicom-Interpublic merger, prohibiting the combined company from boycotting platforms over political content — The Federal Trade Commission is considering restrictions on Omnicom and Interpublic to prevent the combined company from refusing …

More: Reason. Bluesky: @jamielove and @annmlipton. X: @benmullin

See also Mediagazer

Savyata Mishra / Reuters:

Mattel partners with OpenAI to create AI-powered toys and games, with the first product expected in 2025, and integrates ChatGPT Enterprise in its business — Mattel (MAT.O) has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch …

More: Financial Times, OpenAI, MarketWatch, TechCrunch, Mattel, Inc., Bloomberg, PYMNTS.com, Adweek, WinBuzzer, Analytics India Magazine, The Hollywood Reporter, NERDS.xyz, The Wrap, Benzinga, and Sherwood News. X: @gdb

Martin Young / Cointelegraph:

Gemini and Glassnode research: centralized treasuries, including governments, ETFs, and public companies, hold and control 30.9% of bitcoin's circulating supply — Centralized treasuries, including governments, ETFs and public companies, now control approximately $668 billion of Bitcoin's circulating supply.

More: Gemini, Blockworks, Gemini, Inside Bitcoins, Benzinga, crypto.news, BeInCrypto, CoinDesk, and The Defiant

MIT Technology Review:

How Amsterdam's experiment to create a fair welfare AI model, which considered 15 characteristics to evaluate welfare applicants for potential fraud, failed — This story is a partnership between MIT Technology Review, Lighthouse Reports, and Trouw, and was supported by the Pulitzer Center.

More: Lighthouse Reports and Lighthouse Reports

Bluesky: @wavesblog, @niallfirth, @jtemple, and @eileenguo. Forums: r/Amsterdam

MacKenzie Sigalos / CNBC:

Chime opened at $43 in its Nasdaq debut on Thursday, after selling shares at $27 each in an IPO in which the neobank raised $700M and was valued at $11.6B — Chime opened at $43 in its Nasdaq debut on Thursday after selling shares at $27 each in an IPO that valued the online banking company at $11.6 billion.

More: Bloomberg, Reuters, Yahoo Finance, and Proactive. X: @danprimack

MacKenzie Sigalos / CNBC:

Chime priced its US IPO at $27 per share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing it at $11.6B

More: Fast Company, MarketWatch, Reuters, Bloomberg, Yahoo Finance, PYMNTS.com, Axios, Reuters, and San Francisco Business Times

Zoe Kleinman / BBC:

The UK passes the Data (Use and Access) Bill, criticized by creatives, without an amendment to force companies to declare using copyrighted material to train AI — A bill which sparked an extraordinary stand-off between some of the UK's most high-profile artists - and their backers in the House of Lords - has finally been passed.

More: Taylor Wessing, BusinessCloud, UKTN, and The Independent

See also Mediagazer

The Information:

Sources: Meta's Scale AI bet came from Mark Zuckerberg wanting new leadership for Meta's AI efforts, Meta executives' relationships with Alexandr Wang, and more — Meta Platforms CEO Mark Zuckerberg has tried to fix a seemingly existential problem in recent months.

More: Futurism, implicator.ai, Bloomberg Law, The Straits Times, The Japan Times, Axios, DigiTimes, and Benzinga. Bluesky: @prietschka

Julie Bort / TechCrunch:

Landbase, whose GPT-4o-based AI tool automates outreach marketing, raised a $30M Series A co-led by Ashton Kutcher's Sound Ventures and Picus Capital — When Daniel Saks was working as a co-CEO of the previous startup he co-founded, AppDirect, billionaire Michael Dell sent him a LinkedIn message asking for a meeting.

More: FinSMEs, Pulse 2.0, and SiliconANGLE

Ian Thomas / CNBC:

Pittsburgh-based Gecko Robotics, which makes robots that inspect infrastructure, raised a $125M Series D at a $1.25B valuation, up from $633M in December 2023 — Gecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company's valuation to $1.25 billion.

More: SiliconANGLE and Pittsburgh Business Journal

Julie Bort / TechCrunch:

Spain-based Multiverse Computing, which uses quantum-inspired AI model compression tech to shrink LLMs by up to 95%, raised a €189M Series B and has 100 clients — Spanish startup Multiverse Computing on Thursday said it has raised an enormous Series B round of €189 million …

More: FinSMEs, Tech.eu, Proactive, The Quantum Insider, EU-Startups, WinBuzzer, HPCwire, insideAI News, and SiliconANGLE

Dana Hull / Bloomberg:

Tesla sues ex-Optimus engineer Zhongjie Li, who worked at Tesla from 2022 to 2024, accusing him of stealing humanoid robot info and setting up a rival startup — Zhongjie “Jay” Li worked at Tesla between August 2022 and September 2024, according to a complaint filed in a San Francisco Federal Court late on Wednesday.

More: TESLARATI, New York Post, and EV

Nitasha Tiku / Washington Post:

TollBit: from Q4 2024 to Q1 2025, traffic from AI retrieval bots to 266 websites, half run by national and local news organizations, grew 49%, as AI usage jumps — As consumers switch from Google search to ChatGPT, a new kind of bot is scraping data for AI. — Summary4

More: TollBit. Bluesky: @jacklynch000

See also Mediagazer

Financial Times:

Visa: stablecoin transaction volumes hit $752B in May, up from $409B in May 2024, and wallets that regularly send and receive payments hit a record 46M average — Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of the financial system

More: Bitcoin Insider, Coinmonks, Tech in Asia, Coinpedia Fintech News, and The Big Whale. Bluesky: @tonytassell

Michael J. de la Merced / New York Times:

Meter, which sells and maintains packages of custom data center networking equipment, raised $170M led by General Catalyst at a $1B+ valuation — The company has collected $170 million in new capital as it seeks to help connect data centers and other businesses in the age of artificial intelligence.

More: Pulse 2.0

Paayal Zaveri / Bloomberg:

Nominal, which makes industrial design software for space, energy, and defense tech, raised $75M led by Sequoia Capital, after raising $27.5M in April 2024 — Nominal wants to make it easier for companies in defense, energy and manufacturing to develop new products.

More: FinSMEs and Sourcery

Top News

Sponsor Posts

Featured Podcasts

About This Page

From Mediagazer

Upcoming Tech Events

More News

Earlier Picks