| Tim Nudd / Ad Age: |
Apple apologizes for the “Crush” iPad Pro ad and scraps plans to run it on TV; Apple's VP of marketing communications Tor Myhren says “we missed the mark” — The company says its ‘Crush’ spot fell short of its goal of empowering and celebrating creatives| Lawrence Abrams / BleepingComputer: |
Dell warns customers of a data breach after a threat actor claimed to have stolen data for ~49M customers, but says financial and payment data was not stolen — Dell is warning customers of a data breach, after a threat actor claimed to have stolen information for approximately 49 million customers.| Mark Gurman / Bloomberg: |
Sources: Apple's first server chips for its upcoming AI features will be the M2 Ultra; simpler AI tasks will be processed directly on iPhones, iPads, and Macs — - Company puts Mac-grade chips in data centers for fall launch — Apple to offer features using on-device and cloud approaches| Wall Street Journal: |
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out — Amount of data captured from the device declined, although the patient and the Elon Musk-owned company still staged a successful demonstration| Jason Schreier / Bloomberg: |
Sources: after closing several video game studios, Microsoft plans more cuts, as the massive Activision acquisition has ramped up scrutiny on the Xbox division — Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative| Ash Parrish / The Verge: |
| Financial Times: |
TikTok plans to start automatically labeling some AI content, including from DALL-E and Adobe's Firefly, and joins the Adobe-led content credentials coalition — Social media companies under pressure to identify deepfakes and prevent spread of misinformation| Wall Street Journal: |
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation — Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.| Mike Solana: |
Q&A with Jack Dorsey on his exit from Bluesky to focus on Nostr, Bluesky “repeating all the mistakes we made” at Twitter, Musk's takeover, censorship, and more — jack dorsey on his exit from bluesky, how twitter lost its way, jack's strategy for ending censorship forever … | Dan Milmo / The Guardian: |
As part of its Model Spec release, OpenAI says it is considering letting developers and users “responsibly” generate “NSFW content in age-appropriate contexts” — Critics say ChatGPT creator's proposal to allow erotica, slurs and other adult content undermines its mission statement| Carl Franzen / VentureBeat: |
| Bloomberg: |
Sources: Alphabet has been progressing in its talks to acquire marketing software provider HubSpot and has discussed deal terms; HubSpot has a $30B market cap — Alphabet has discussed terms of a potential deal with HubSpot, said the people, who asked not to be identified because the information is private.| Emily Chang / Bloomberg: |
An interview with Sundar Pichai on playing the long game on AI, how Google got Gemini image generation wrong, the future of search, layoffs, and more — In this episode of The Circuit with Emily Chang, the Alphabet CEO explains how he's in it for the long haul—and won't dance to anyone else's tune.| Zaheer Kachwala / Reuters: |
Roblox reports Q1 revenue up 22% YoY to $801M, bookings up 19% YoY to $923M, DAUs up 17% YoY to 77.7M, and cuts its full-year bookings forecast; RBLX drops 30% — Roblox (RBLX.N) cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within … | Chris Welch / The Verge: |
Sonos responds to criticism of its app redesign, saying it takes “courage to rebuild” and that it's working to reintroduce missing features in the coming months — In the days since, customers have complained about missing features like sleep timers, broken local music library management … | Mark Stenberg / Adweek: |
OpenAI's pitch deck to news publishers promises priority placement to partners in chat conversations and payment contingent on “display success” — OpenAI's Preferred Publisher Program offers media companies licensing deals — The generative artificial intelligence firm OpenAI … | Wall Street Journal: |
Sources: T-Mobile US is in talks to take over some operations and wireless spectrum licenses of US Cellular for $2B+; Verizon is also in talks with US Cellular — Regional wireless carrier has been seeking buyers for its operations, spectrum licenses — T-Mobile US and Verizon Communications … | Counterpoint Research: |
US smartphone shipments fell 8% YoY in Q1 2024, the sixth consecutive quarter of decline; Samsung's market share grew to 31%; Apple's share remained flat at 52% — - US smartphone shipments declined 8% YoY in Q1 2024, the sixth consecutive quarter showing a YoY decline.| Nectar Gan / CNN: |
Baidu's PR chief Qu Jing reportedly left the company after criticism over her Douyin videos demanding that workers must be available 24 hours a day — Editor's Note: Sign up for CNN's Meanwhile in China newsletter which explores what you need to know about the country's rise and how it impacts the world.| Gabriel Sanchez / Bloomberg: |
Duolingo drops 10%+ after reporting DAUs up 55% YoY to 31.4M, above 31.1M est., gaining users at the slowest rate since Q3 2022, and revenue up 45% YoY to $168M — - Shares fell as much as 16% after user growth failed to impress — Higher-priced subscription tier, new family plan drive sales
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| Shahram Mokhtari / iFixit News: |
| James Thomason / VentureBeat: |
| Dade Hayes / Deadline: |
| Pratik Jain / Reuters: |