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April 27, 2025, 5:05 PM
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Top News

Jeff Horwitz / Wall Street Journal:
Test conversations with some Meta AI digital companions, including celebrity-voiced ones, show them engaging in sexual chats even when users identify as minors  —  Chatbots on Instagram, Facebook and WhatsApp are empowered to engage in ‘romantic role-play’ that can turn explicit.
Mark Gurman / Bloomberg:
While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains doubtful  —  Apple has begun breaking up its AI and machine learning organization by moving pieces to other parts of the company.
Furquan Ameen / Rest of World:
Experts say that India is behind China in deep tech innovation due to its historical focus on services, lower R&D investment, and a brain drain of AI talent  —  India's government urges the private sector to take the lead in tech innovation, while industry experts say it's complicated.
Wall Street Journal:
Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024  —  Companies seek to capitalize on lighter regulation, growing mainstream interest  —  President Trump's embrace of digital currencies …
More: PYMNTS.com
Manish Singh / India Dispatch:
Analysis: Meesho accounts for about 37% of India's e-commerce orders, but only 8%-9% of the sector's total value due to the small average transaction size  —  A $4.5 sari reveals the ruthless arithmetic behind Meesho's assault on India's e-commerce hierarchy
Coco Feng / South China Morning Post:
Filing: China's leading flash memory chipmaker YMTC raised ~$219M from Hebei Yangyuan Zhihui Beverage Co. at a ~$22.1B valuation in December 2023  —  The deal was signed in December 2023 but was only announced on Friday as it ‘involved commercial secrets’, Yangyuan said

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From Mediagazer

Axios:
Sources: Paramount seeks a business-side counterpart to Bari Weiss, implying she would oversee editorial across CBS News and CNN if Paramount's WBD deal closes

Peter Chapman / Bloomberg:
The UK CMA launches a probe into Paramount's $110B acquisition of WBD, and sets an initial ruling deadline on August 7; the EU has already set a July 7 deadline

Scott Nover / Washington Post:
Email: the WH press corps won't be allowed on White House grounds Sunday due to the UFC fight; only press poolers will be allowed unless UFC gives credentials

More News

Earlier Picks

Financial Times:
Sources: ~300 London-based DeepMind staff have sought to unionize with the CWU in recent weeks, to challenge AI sales to defense groups and Google's Israel ties
Leah Nylen / Bloomberg:
US v. Google: Chrome's GM testified that other companies cannot develop Chrome effectively, given the browser's “interdependencies” on other parts of Google
Gabe Kaminsky / The Free Press:
Leaked letter: Ed Martin, the interim US Attorney for DC, accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status
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