| Wesley Yin-Poole / IGN: |
Memo: Microsoft's Xbox plans 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 … | Demetri Sevastopulo / Financial Times: |
The US revokes some licenses that allow companies to ship chips and other goods to Huawei; sources say the decision affects Intel and Qualcomm — Move marks latest effort by Biden administration to target the country's tech sector — The Biden administration has revoked export licences … | 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: |
| Rachel Metz / Bloomberg: |
Source: OpenAI is developing a feature for ChatGPT that can search the web and show results with citations to sources and images — The feature would let ChatGPT users search the web and cite sources in its results. — OpenAI is developing a feature for ChatGPT that can search the web … | Reuters: |
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving — U.S. prosecutors are examining whether Tesla (TSLA.O) committed securities or wire fraud by misleading investors and consumers … | André Beganski / Decrypt: |
Robinhood CEO Vlad Tenev decries a “regulatory onslaught”, calling the SEC's actions “another improper attempt by the administrative state to stifle innovation” — Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way.| Zheping Huang / Bloomberg: |
TikTok vs. US filing: ByteDance founder Zhang Yiming owns a 21% stake in TikTok's parent company, and is living in Singapore while keeping Chinese citizenship — - Zhang has a 21% stake in the world's most valuable startup — Chinese tech founders have built up a presence on the island| Natalie Lung / Bloomberg: |
Uber reports Q1 revenue up 15% YoY to $10.1B, Gross Bookings up 20% YoY to $37.7B, below $38B est., and adjusted EBITDA up 82% YoY to $1.4B; UBER falls 10%+ — - Bookings growth still tops 20% on rides, order frequency gains — Operating profit falls on anticipated legal fees, settlements| Georgia Butler / DatacenterDynamics: |
Google says “rare issues at Google Cloud” caused a week-long private cloud outage at UniSuper, an Australian pension fund for the education and research sectors — Google problems resulting in an inadvertent misconfiguration of UniSuper's systems| Financial Times: |
The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people — Grant Shapps announces investigation into attack by ‘malign actor’ that targeted up to 270,000 military personnel records| Steven Church / Bloomberg: |
FTX says it will have as much as $16.3B to distribute after finishing selling all of its assets; FTX 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| Ivan Mehta / TechCrunch: |
Bluesky details its product roadmap: an off-protocol DM system to facilitate one-on-one chats, custom feeds, anti-harassment tools, video support, and more — Bluesky has launched a new product roadmap for the coming months. The decentralized social network said on Tuesday that it is planning … | 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.| Spencer Soper / Bloomberg: |
Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% YoY to $60.9B, and expects gross margins to drop by ~50 basis points YoY in Q2; SHOP plummets 18%+ — The company posted a loss of $273 million after a profit of $68 million a year earlier. The loss per share was 21 cents on revenue … | Kate Park / TechCrunch: |
Samsung Electronics' medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M — Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices … | Andrew J. Hawkins / The Verge: |
Filing: Orlando-based lidar manufacturer Luminar says Tesla was its “largest LiDAR customer in Q1”, contributing 10%+ of its revenue, or ~$2.1M for the quarter — Elon Musk previously dismissed the laser sensor as a ‘crutch’ and said that any company relying on lidar to power self-driving was ‘doomed.’| 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.| Sarah Perez / TechCrunch: |
Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims to add 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.| Brian Heater / TechCrunch: |
Researchers say they have unlocked a kind of sperm whale “alphabet” with the aid of machine learning, a breakthrough in understanding cetacean communication — Researchers at MIT CSAIL and Project CETI believe that they have unlocked a kind of sperm whale alphabet with the aid of machine learning technologies.| Jennifer Pattison Tuohy / The Verge: |
The Connectivity Standards Alliance releases Matter 1.3, adding support for more appliances, energy and water management, and new casting protocol features — The latest Matter spec brings a number of improvements to the smart home standard founded by Apple, Google, Amazon, and Samsung.| Tom Dotan / Wall Street Journal: |
Microsoft plans to invest $3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a new AI lab at Wisconsin University — Company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence| The Guardian: |
An investigation finds a vast web of fake shops run from China touting designer brands that duped 800K+ people in Europe and the US into sharing personal data — Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests| Bloomberg: |
Chinese government data: foreign-branded smartphones shipments, most of which are iPhones, grew 12% YoY to 3.75M in March, reversing a 37% drop in early 2024 — - The performance marks an improvement from the start of 2024 — The bounce emerged after Apple and its resellers cut prices| Manya Saini / Reuters: |
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