| Anthony Ha / TechCrunch: |
Bluesky confirms Jack Dorsey's departure from its board and says it is searching for a new board member — It sounds like Bluesky's most prominent backer is no longer on its board. — On Saturday, Jack Dorsey posted on X about grants for open protocols from his philanthropic Start Small initiative.| Emily Nicolle / Bloomberg: |
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders — - Less than 10% of stablecoin transactions are “organic:” Visa — PayPal, Stripe are among fintechs expanding in stablecoins| Counterpoint Research: |
iPhone 15 Pro Max was Q1's best-selling smartphone; Pro phones were 50% of Apple's sales, up from 24% in 2020; Apple and Samsung each had five phones in top 10 — - Apple and Samsung dominated the list of top 10 best-selling smartphones in Q1 2024. — This was the first quarter in which the top 10 smartphones were all 5G capable.| Adamya Sharma / Android Authority: |
YouTube rolls out Jump Ahead, which uses AI to let users jump to parts of a video where most viewers skip ahead, to all US Premium members using its Android app — It's currently available in the US on the YouTube Android app. — • — TL;DR — YouTube Premium members in the US … | Wall Street Journal: |
Interviews with finance experts and young adults suggest TikTok videos about the economy and consumerism are creating a distorted view of financial well-being — Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’ — Americans under 30 get much of their news on TikTok.| Ashley Carman / Bloomberg: |
Over 40K Audible books are marked as having been made with an AI “virtual voice”, saving authors hundreds or thousands of dollars per title on narration costs — While authors appreciate the new revenue stream, audiobook listeners are complaining about the influx of new material| Pieter Haeck / Politico: |
The EU's crackdown on Huawei shows an EU-wide TikTok ban will likely take years of diplomacy, as the bloc lacks a formal say over national security concerns — Of all the shots Europe is firing at China, the threat of a blanket TikTok ban is likely to only scuff Beijing.| Aoyon Ashraf / CoinDesk: |
Filing: Robinhood's crypto arm got a Wells notice from the SEC on May 4; Robinhood says it has already ended support for tokens named in previous SEC lawsuits — The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.| Carl Franzen / VentureBeat: |
Hugging Face launches LeRobot, an open-source robotics code library, after hiring former Tesla scientist Remi Cadene to lead its open-source robotics project — Earlier this year, in March 2024, the AI developer-focused startup Hugging Face — known for maintaining the largest online repository … | Anthony Ha / TechCrunch: |
Meta launches quote post controls for all Threads users, letting them allow quotes from everyone on Threads, only the people they follow, or disable quote posts — Threads users can now exert more control over who can quote their posts. — This builds on a feature that already allows Threads users … | Tassilo Hummel / Reuters: |
Atos says it received four distinct offers to restructure its debt and inject cash from investors including Atos' banks and its largest shareholder Onepoint — Debt-laden French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt … | Anthony Ha / TechCrunch: |
The US announces $285M in CHIPS Act funding for research into semiconductor digital twin development, which may reduce chip development and manufacturing costs — President Joe Biden's administration is looking to fund efforts that improve semiconductor manufacturing by using digital twins.
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| Muyao Shen / Bloomberg: |
| Rina Diane Caballar / IEEE Spectrum: |
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| Tara Copp / Associated Press: |