| Wall Street Journal: |
The European Commission fines Apple €500M and Meta €200M under the DMA and issues cease-and-desist orders to both companies; Apple and Meta say they will appeal — Fines come as European officials pursue trade talks with the Trump administration — BRUSSELS—The European Union fined Apple … | Reuters: |
| Bloomberg: |
President Trump will have dinner with the top 220 holders of the TRUMP memecoin on May 22, according to the memecoin's website; TRUMP jumps 50%+ — President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.| Dean Takahashi / VentureBeat: |
Discord CEO Jason Citron is stepping down and will be succeeded by Humam Sakhnini, effective April 28; Citron will stay on the board and serve as a CEO advisor — Jason Citron is stepping down as CEO of Discord and he has hired game veteran Humam Sakhnini as the new CEO.| Andrew Liszewski / The Verge: |
Meta rolls out live translations and other AI features to all Ray-Ban smart glasses, unveils new color lens combos, and plans an India, Mexico, and UAE debut — The Ray-Ban Meta Skyler frames are also now available in shiny chalky gray with sapphire Transitions lenses.| Kyle Wiggers / TechCrunch: |
OpenAI brings the tech behind the new ChatGPT image generator to its API, for $5/1M text input tokens, $10/1M image input tokens, and $40/1M image output tokens — OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API … | Sarah Perez / TechCrunch: |
Meta says it is opening Threads to all advertisers worldwide, but ads will only appear in select markets at launch, after testing ads in the US and others — Months after first testing ads in select markets, including the U.S., Meta on Wednesday announced that its Instagram Threads app … | Abner Li / 9to5Google: |
On the 20th birthday of its first video, YouTube says it has had 20B+ uploads, including 20M+ daily now, and unveils app and TV updates, including new Multiview — YouTube is celebrating its 20th birthday with a number of stats, while previewing new features that are coming this year.| Stuart A. Thompson / New York Times: |
Analysis: three X users who used to receive hundreds of thousands of views daily have seen their reach collapse after feuding with Elon Musk in December 2024 — Note: Five-day moving average. Views are only shown up to 400,000. Source: X — When Mr. Musk purchased X in 2022 … | Leah Nylen / Bloomberg: |
US v. Google: a Perplexity executive says Google's contract with Motorola blocked Perplexity from being the default AI assistant on new Motorola devices — - AI startup's app will be preloaded on new Motorola phones — Company in negotiations with another smartphone maker| Jordan Novet / CNBC: |
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., software revenue up 7% to $6.34B, and maintains its full-year forecast — IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. The stock slipped 2% in extended trading. — Here's how the company performed:| Michael Nuñez / VentureBeat: |
Microsoft updates Microsoft 365 Copilot with OpenAI-powered AI agents Researcher and Analyst, available via its new Agent Store, AI-powered Search, and more — Microsoft announced today a major expansion of its artificial intelligence tools with the “Microsoft 365 Copilot Wave 2 Spring release … | Lawrence Bonk / Engadget: |
WhatsApp rolls out Advanced Chat Privacy, a new opt-in tool to block participants from sharing the contents of a conversation in traditional chats and groups — The opt-in setting will also stop the auto-downloading of media and AI integration. — WhatsApp is introducing … | Financial Times: |
Cantor's Brandon Lutnick, the son of the US commerce secretary, Tether, Bitfinex, and SoftBank form Twenty One Capital, a $3.6B bitcoin acquisition vehicle — Vehicle backed by son of US commerce secretary comes as investors hope for more favourable policy on digital currency| Rebecca Bellan / TechCrunch: |
Tesla says it has started testing its autonomous ride-hailing service with employees in Austin and the Bay Area, and has completed 15,000 miles of driving — Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company's planned robotaxi launch this summer.| Bloomberg: |
Source: Neuralink has begun preliminary discussions to raise about $500M at an $8.5B pre-money valuation; PitchBook: it was valued at $3.5B as of November 2023 — Elon Musk's Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5 billion, according to people with knowledge of the matter.| Chris Welch / The Verge: |
Roku updates its $30 Streaming Stick and $40 Streaming Stick Plus, saying they are “the most compact sticks on the market”, and unveils new software updates — The company also introduced a pair of battery-powered smart home cameras, new Roku OS software features, and more.| Sri Muppidi / The Information: |
Documents: OpenAI told investors it expects revenues of $125B in 2029 and $174B in 2030, with sales from agents and other products exceeding those from ChatGPT — For two years, ChatGPT has been OpenAI's cash cow. But by the end of the decade, the company has told some potential … | Bloomberg: |
Elon Musk says production of Tesla's humanoid robot Optimus is affected by China's recent restrictions on exports of rare earth minerals used in magnets — Speaking on the company's earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”.| Jennifer Elias / CNBC: |
Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week — Five years removed from the onset of the Covid pandemic, Google is demanding that some remote employees return to the office … | Carl Franzen / VentureBeat: |
Nari Labs unveils Dia, a 1.6B-parameter text-to-speech model designed to produce naturalistic dialogue directly from text prompts, built with “zero funding” — A two-person startup by the name of Nari Labs has introduced Dia, a 1.6 billion parameter text-to-speech (TTS) … | Kyt Dotson / SiliconANGLE: |
Nvidia announces the general availability of its NeMo platform to build AI agents, supporting Meta's Llama, Microsoft's Phi, Google's Gemma, and Mistral — Nvidia Corp. today announced the general availability of NeMo microservices, a set of tools designed to assist developers … | Tom Warren / The Verge: |
Nvidia updates its G-Assist AI chatbot, offering plugin and API support to let developers connect to external services and tools, such as Spotify and Gemini — G-Assist is moving beyond just improving PC gaming, to controlling more apps and services.| Cristina Criddle / Financial Times: |
Geoffrey Hinton, other AI experts, and 10 former OpenAI staff write to the CA and DE AGs opposing OpenAI's for-profit restructure, echoing Elon Musk's concerns — Former employees and figures such as Geoffrey Hinton warn of dangers of allowing start-up to make corporate switch| Amanda Silberling / TechCrunch: |
Character.AI unveils AvatarFX, a new AI video generation model in closed beta that animates characters in diverse styles and voices, including human-like and 2D — Character.AI, a leading platform for chatting and roleplaying with AI-generated characters, unveiled its forthcoming video generation model, AvatarFX, on Tuesday.| Jonathan Stempel / Reuters: |
New Jersey sues RealPage, accusing the property management software company and 10 of the state's largest landlords of conspiring to drive up residential rents — New Jersey sued the property management software company RealPage, accusing it and 10 of the state's largest landlords of conspiring … | Matt Day / Bloomberg: |
Sources: Amazon's Project Kuiper has completed just a few dozen satellites so far, far below the pace needed to reach the FCC's 1,618 deadline by July 2026 — Project Kuiper has completed just a few dozen satellites so far, more than a year into its manufacturing program, according to three people familiar with the situation.
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