| Bryce Elder / Financial Times: |
Shoe company Allbirds, which sold last week for $39M after its valuation fell from $4B+ in 2021, says it aims to become an AI compute provider; BIRD jumps 800%+ — Ah, zeitgeist: — Allbirds is a San Francisco maker of wool trainers that was once valued at more than $4bn.| Alexandra S. Levine / Bloomberg: |
Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability — Snap Inc. is laying off roughly 1,000 full-time employees, or 16% of its global workforce, part of an effort by Chief Executive Officer Evan Spiegel … | NBC News: |
A jury finds that Live Nation and Ticketmaster illegally maintained monopoly power in the ticketing market, in a case brought by state AGs after the DOJ settled — The federal government struck a settlement with Live Nation in March, requiring Ticketmaster to divest up to 13 amphitheaters … | Ivan Mehta / TechCrunch: |
Adobe unveils Firefly AI Assistant, which can orchestrate and execute multistep tasks across Creative Cloud apps, available in public beta in the coming weeks — Last October, Adobe previewed a new assistant under the “Project Moonlight” moniker that could do tasks for you by tapping different Adobe apps … | Dwarkesh Patel / Dwarkesh Podcast: |
Q&A with Jensen Huang on Nvidia's supply chain moat, competition from ASICs like Google's TPU, investing in AI labs and neoclouds, selling to China, and more — “If our next several years are a trillion dollars in scale, we have the supply chain to do it”| Abner Li / 9to5Google: |
Google launches a Gemini Mac app, featuring a keyboard shortcut, screen sharing for better context, image generation with Nano Banana, and more — Gemini now has a native Mac app in the first expansion from Android and iOS. — This “native desktop experience” is launched via an Option + Space keyboard shortcut.| Samuel Stolton / Bloomberg: |
The European Commission issues a supplementary statement of objections threatening Meta with an interim ban on WhatsApp policies that allegedly block AI rivals — Meta Platforms Inc. has been threatened with an interim European Union ban on policies that allegedly block rival AI firms … | Sean O'Kane / TechCrunch: |
Filings: Caterpillar acquires self-driving electric tractor startup Monarch Tractor's assets, after it raised $200M+ and struggled to pivot to software services — Monarch Tractor's assets have been acquired by construction giant Caterpillar, after struggling to pivot to a software services business … | Rebecca Torrence / Bloomberg: |
Accel raised $5B, including a $4B Leaders fund, focused on writing large checks to late-stage startups globally, and a $650M sidecar fund, taking AUM to $36B — Accel, the venture capital firm that's backed artificial intelligence companies including Anthropic, Cursor and Perplexity … | Steven Vaughan-Nichols / ZDNET: |
Cal.com, which provides scheduling software, is moving its core open-source codebase to a closed repository, citing the dangers of AI hacking its open code — ZDNET's key takeaways — Cal is reluctantly moving away from open source for security. — This move isn't about Mythos, but risks from modern AI tools.| Arjun Kharpal / CNBC: |
ASML reports Q1 net sales of €8.8B, above €8.5B est., a €2.8B net profit, above €2.5B est., and raises its 2026 net sales forecast from €34B-€39B to €36B-€40B — ASML stock fell 6% on Wednesday despite raising its sales forecast for 2026 and beating first-quarter revenue and profit expectations.| David McCabe / New York Times: |
WPP, Dentsu, and Publicis settle with the FTC over claims they colluded on misinformation policies that denied ad revenue to conservative publishers — WPP, Dentsu and Publicis settled claims they colluded on policies to combat misinformation, denying ad revenue to publishers on the right.| Rachel Scharf / Billboard: |
A US judge issues a $322.2M judgment against pirate library Anna's Archive for scraping Spotify, a largely symbolic victory as the site is anonymously operated — At least for now, the court judgment is largely a symbolic victory, as no one has identified the anonymous internet users behind Anna's Archive.| Gian Volpicelli / Bloomberg: |
The EU unveils an open-source age verification app, which requires showing ID, to shield kids from harmful content, setting the standard for verification tech — The European Union has unveiled an app to confirm users' age online, setting the standard for verification technology … | Matthias Bastian / The Decoder: |
Google rolls out Gemini 3.1 Flash TTS, a text-to-speech model with support for over 70 languages and audio tags that give developers granular speech control — The company says it's the most natural and expressive voice output it has shipped to date. The big new feature is audio tags … | Rebecca Bellan / TechCrunch: |
Objection, which aims to use AI and experts to evaluate claims in news stories, debuts with funding from Peter Thiel, Balaji Srinivasan; evaluations cost $2,000 — After helping lead the lawsuit that bankrupted media firm Gawker, Aron D'Souza says he saw something broken in the American media system … | Molly Taft / Wired: |
The US Energy Information Administration plans to implement a mandatory nationwide survey of data centers focused on their energy use — In a letter obtained by WIRED, the Energy Information Administration tells two senators that it plans to develop a mandatory assessment of data centers' energy use.| Bloomberg: |
Trading firm Jane Street takes an additional $1B stake in CoreWeave and plans to spend ~$6B to access CoreWeave's Nvidia Vera Rubin chips to build and deploy AI — Jane Street Group, a trading firm, has taken an additional $1 billion stake in AI cloud services provider CoreWeave Inc. and plans … | Jason Parham / Wired: |
X users complain that the latest crackdown on bots purged secret accounts they had used for years to watch and curate their favorite porn — The platform's large-scale crackdown on automated accounts is also impacting people who've spent years curating niche porn on secret X accounts.| Lauren Forristal / TechCrunch: |
Spotify launches a feature to buy physical books in the US and UK, powered by Bookshop.org, and expands its Page Match scanning tool to support 30+ languages — In February, Spotify made an exciting (and a bit unusual) move when it entered the world of physical book sales.| Pew Research Center: |
A survey of US teens: ~90% say entertainment is a reason they use TikTok, Instagram, or Snapchat, 57% message daily on Snapchat, 37% say TikTok impacts sleep — Teens largely turn to TikTok, Instagram and Snapchat for fun and connection. But experiences around messaging, screen time and cyberbullying vary.| Chris Metinko / Axios: |
NY-based Auctor, which uses AI to curate resource plans and process flows to help companies adopt new software, raised $20M in a combined seed and Series A — Auctor, a startup helping companies adopt new software, raised $20 million in a combined seed and Series A, CEO William Sun tells Axios Pro first.| Emily Nicolle / Bloomberg: |
Tel Aviv-based eToro agrees to acquire crypto wallet provider Zengo, a source says for ~$70M, mostly in cash; Zengo lets traders swap between tokens and fiat — EToro Group Ltd. has agreed to acquire Zengo, a crypto wallet provider, as the trading and investment platform expands its reach into decentralized finance.| The Information: |
Sources: Apple plans to send a significant part of its Siri team, known as a laggard, to an AI coding bootcamp; the group is expected to be fewer than 200 — Apple is sending a portion of its Siri programmers back to coding school just two months before the company is expected to unveil a major … | Google DeepMind: |
Google DeepMind introduces Gemini Robotics-ER 1.6, a model for robots that it says shows significant spatial and physical reasoning improvements over ER 1.5 — For robots to be truly helpful in our daily lives and industries, they must do more than follow instructions, they must reason about the physical world.| Mark Gurman / Bloomberg: |
Apple endorses the ~$11.6B Amazon-Globalstar deal, noting that it has a “proven track record” with Amazon infrastructure; Apple holds a ~20% stake in Globalstar — Amazon.com Inc.'s takeover of Globalstar Inc. is poised to benefit one of the company's biggest rivals in hardware devices: Apple Inc.
ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.
World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Q1 Updates from Bigin: MCP support, AI-powered lead enrichment, Add-in for Outlook and more! — Hello! And welcome to another round of quarterly updates from the world of Bigin, the easy, affordable …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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| Natalie Breymeyer / Axios: |
| Matt Burgess / Wired: |
| IDC: |