May 7, 2024, 9:30 PM

Top News

Chris Welch / The Verge:
Apple unveils $999+ 11" and $1,299+ 13" iPad Pros, with M4, an OLED Ultra Retina XDR screen, up to 1,600 nits; the 13" is Apple's thinnest product yet, at 5.1mm  —  At its “Let Loose” virtual event this morning, Apple introduced its long-awaited iPad Pro updates.
The Verge:
Apple announces M4, a new chip focused on improving AI-related tasks, featuring up to 4x faster GPU performance than the M2 and 50% faster CPU than M2  —  Apple's next-generation chip, the M4, is coming to the new iPad Pro.  The new OLED iPad Pro models will include the upgraded chip …
Jess Weatherbed / The Verge:
Apple previews a new Final Cut Camera mobile app and announces new Logic Pro and Final Cut Pro features, including Live Multicam and external projects on iPad  —  Apple is updating two of its biggest pro apps to complement the new iPad Pro models announced today.
Benjamin Mayo / 9to5Mac:
The new iPad Pro drops the ultra-wide camera; 1TB/2TB models get 16GB of RAM and an M4 with a 10-core CPU, 256GB/512GB models get 8GB of RAM and a 9-core CPU  —  While the new iPad Pro with M4 is a major step forward across the board, there a couple gotchas to be aware of.
Zac Hall / 9to5Mac:
Apple announces new $599+ 11" and $799+ 13" iPad Airs, featuring an M2 chip, a landscape front camera, and faster Wi-Fi, available in four colors next week  —  Apple has officially unveiled the all-new iPad Air 6.  For the first time, the iPad Air comes in two sizes: 11-inch and 13-inch.
Zac Hall / 9to5Mac:
Ben Lovejoy / 9to5Mac:
Ryan Christoffel / 9to5Mac:
Wesley Yin-Poole / IGN:
Memo: Microsoft's Xbox division to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda's portfolio  —  Staff told via email.  —  Microsoft has closed a number of Bethesda studios, including Redfall maker Arkane Austin …
Lorenzo Franceschi-Bicchierai / TechCrunch:
UK and US authorities identify and charge the leader of the LockBit ransomware gang, a 31-year-old Russian national; the US also issued sanctions against him  —  The identity of the leader of one of the most infamous ransomware groups in history has finally been revealed.
Takashi Mochizuki / Bloomberg:
Nintendo President Shuntaro Furukawa says the company will announce Switch's successor this fiscal year; Nintendo has sold 141M+ units since Switch's 2017 debut  —  - Company missed profit estimates for the March quarter  — Outlook falls shy of expectations as flagship console ages
Julian Chokkattu / Wired:
Google unveils Pixel 8a with the Tensor G3 chip, a 6.1" 120Hz OLED with up to 2K nits brightness, and Gemini Nano access, shipping May 14 for $499+  —  The company's refined midrange Android phone packs its flagship Tensor G3 chipset.  The handset was announced ahead of next week's Google I/O conference.
Sarah Perez / TechCrunch:
Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims it's adding strong guardrails to prevent abuse  —  Meta is rolling out an expanded set of generative AI tools for advertisers, after first announcing a set of AI features last October.
Carsten Frauenheim / iFixit News:
A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn't require soldering LPDDR chips to the motherboard  —  If you've ever tried to “future-proof” a purchase by paying for everything you might eventually need up front, you know it can be a sucker's game.
Mike Murphy / IBM Research:
IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters  —  Release  —  IBM is releasing a family of Granite code models to the open-source community.  The aim is to make coding as easy …
New York Times:
TikTok sues the US government, arguing the law forcing a sale or a ban violates its US users' First Amendment rights and divestiture is “simply not possible”  —  The social media company and its Chinese parent, ByteDance, sued to challenge the new law, saying it violated users' First Amendment rights.
Steven Church / Bloomberg:
FTX says it will have as much as $16.3B to distribute once it finishes selling all of its assets; it owes customers and other non-governmental creditors ~$11B  —  - Crypto customers to get interest on what FTX owes them  — Bankrupt firm updates plan to divide cash among creditors
Milana Vinn / Reuters:
Sources: BigCommerce, provider of software and an e-commerce platform to retailers, is exploring a sale after losing 90% of its market value since its 2020 IPO  —  BigCommerce (BIGC.O), the e-commerce software maker that used to be backed by SoftBank Group (9984.T), is exploring a sale …
New York Times:
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a ~$150M crypto bribe request, prior to his arrest  —  A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.

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Ashley Capoot / CNBC: