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The White House says that the EU's €500M fine on Apple and €200M fine on Meta are a “novel form of economic extortion” that the US will not tolerate — The White House said on Wednesday that fines on Apple (AAPL.O) and Meta Platforms (META.O) by the European Union were a … | 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 co-founder and CEO Jason Citron is stepping down, replaced by Humam Sakhnini effective April 28; Citron will stay on the board and become a CEO advisor — Jason Citron is stepping down as CEO of Discord and he has hired game veteran Humam Sakhnini as the new CEO.| Victoria Song / The Verge: |
Hands-on with Cluely's “cheat on everything” tool: the AI can't intuit what the user needs despite being given prior context and takes long to give a response — Tech evangelists have been yammering about “working smarter, not harder” for years.| Stephanie Lai / Bloomberg: |
Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios — President Donald Trump signed an executive action to boost artificial intelligence education and workforce training … | Jordan Novet / CNBC: |
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ — 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:| Kyle Wiggers / TechCrunch: |
OpenAI brings ChatGPT's new image generator tech to its API, for $5 per 1M text input tokens, $10 per 1M image input tokens, and $40 per 1M image output tokens — OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API … | 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| Erin Woo / The Information: |
| Larry Dignan / Constellation Research: |
Microsoft's 2025 Work Trend Index report, based on a survey of 31,000 people, argues that “Frontier Firms” utilizing agentic AI as digital workers are emerging — As enterprises adopt AI agents and digital workers, companies' success may depend on the human-agent ratio and how workflows are managed.| Sarah Perez / TechCrunch: |
İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol — Government censorship has found its way to Bluesky, but there's currently a loophole thanks to how the social network is structured.| Connor Sephton / Decrypt: |
Hex crypto project founder Richard Heart says he has “defeated the SEC completely” after the regulator abandoned its securities fraud lawsuit against him — The HEX founder is still listed as one of Europe's most wanted fugitives, and stands accused of tax evasion and assault.| 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 … | Naomi Nix / Washington Post: |
Meta's Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025 — Meta's top public policy officials issued an unexpected warning last year to the company's Oversight Board: Two upcoming cases … | 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.| New York Times: |
Videos on TikTok, Instagram, and other apps urging US consumers to buy directly from Chinese factories are surging in popularity, racking up millions of views — Videos on the social media app, filmed at factories in China, urge viewers to buy luxury goods directly, as tariffs drive up prices.| Kyle Wiggers / TechCrunch: |
Sources: OpenAI aims to debut its next “open” model, which will be “text in, text out” and possibly let developers turn “reasoning” on and off, in early summer — Toward the end of March, OpenAI announced its intention to release its first “open” language model since GPT‑2 sometime this year.| 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.| 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 Japan — Months after first testing ads in select markets, including the U.S., Meta on Wednesday announced that its Instagram Threads app would now expand ads to all advertisers worldwide.| 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 … | RT Watson / The Block: |
Interfax: Russia's Central Bank and Finance Ministry plan to launch a crypto exchange for “highly qualified investors” under an experimental legal regime — - Russia's Central Bank and Finance Ministry will launch a crypto exchange for “highly qualified investors,” according to Russian news agency Interfax.| Ryan Browne / CNBC: |
Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M — LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time … | Nathan Vifflin / Reuters: |
STMicro reports Q1 revenue down 27.3% YoY to $2.52B, below its $2.51B guidance, and projects Q2 revenue down 16.2% YoY to $2.71B, excluding any tariff changes — STMicroelectronics (STMPA.PA) reported first-quarter earnings in line with expectations on Thursday, calling it the bottom point for the year … | Bloomberg: |
A look at the collapse of Stenn, an invoice financing startup that got major banks to unwittingly fund millions in suspect payments and was last valued at $900M — Big banks like Citigroup and Natixis thought they were backing a $1 billion fintech darling.
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| Umar Shakir / The Verge: |
| Dylan Butts / CNBC: |
| Bloomberg: |
| Lawrence Bonk / Engadget: |
| Michael Nuñez / VentureBeat: |
| Abner Li / 9to5Google: |