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April 26, 2025, 4:25 AM
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Top News

Wall Street Journal:
Docs and sources detail the opaque market for shares of Elon Musk's private companies; Valor recently offered investors $1B worth of shares in SpaceX and xAI  —  Lucrative stock deals have allowed SpaceX to avoid public scrutiny even as it has grown into one of the largest companies in the U.S.
Gabe Kaminsky / The Free Press:
Leaked letter: interim US Attorney for DC Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status  —  In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law.
Chris Welch / The Verge:
Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its “unique” heating systems  —  The company is also pulling Nest thermostats out of Europe entirely, citing “unique” heating challenges.
Dario Amodei:
Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacity  —  In the decade that I have been working on AI, I've watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world.
Tom Warren / The Verge:
Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Search  —  Microsoft's Click to Do image and text tool is also rolling out today. … We knew Microsoft was about to launch Recall for real this time …
Washington Post:
Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt “irreplaceable” goods  —  Levies on certain U.S.-made microchips have been dropped, importers say.  Meanwhile, China denied President Trump's claims that talks to reduce tariffs are happening.
Financial Times:
Deliveroo, which listed in London with a £7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at £2.7B  —  UK food delivery group valued at £7.6bn in London listing four years ago  —  Deliveroo, the food delivery company …
Bloomberg:
Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East  —  The Chinese startup behind Manus AI secured a round of financing led by US venture firm Benchmark, scoring capital to explore …
Dan Primack / Axios:
Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more  —  The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.
Hayden Field / CNBC:
Meta and Booz Allen partner to deploy Space Llama, a fine-tuned version of Llama 3.2, for research aboard the International Space Station National Laboratory  —  On Friday, Meta and Booz Allen Hamilton launched “Space Llama.”  —  Llama, Meta's open-source artificial intelligence model …
Newcomer:
Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400M  —  Mustafa Suleyman hasn't delivered the turnaround he was hired to bring  —  At Microsoft's annual executive huddle last month …
More: XDA Developers, Engadget, and GeekWire
Bluesky: @sadtiric.  Mastodon: @carnage4life@mas.to.  X: @rustybrick and @cityofthetown.  Forums: Slashdot
Pete Koomen:
Many AI features, like Gmail's AI assistant, feel useless because they don't allow users to edit system prompts, constraining the AI models they're built with  —  I noticed something interesting the other day: I enjoy using AI to build software more than I enjoy using most AI applications—software built with AI.
Asa Fitch / Wall Street Journal:
IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020  —  ‘Big Blue’ has clawed back into investor favor, but needs to show staying power in AI to cement its comeback
More: CRN
Nnaemeka Onyekachi / Nairametrics:
A Nigerian tribunal upholds a $220M fine imposed on Meta in July 2024 for discriminatory and exploitative practices against Nigerian consumers  —  Nigeria's Competition and Consumer Protection Tribunal on Friday ordered WhatsApp and Meta Platforms Incorporated to pay a $220 million penalty …

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From Mediagazer

Brian Stelter / CNN:
CNN, MS NOW, and Politico amend their lawsuit against the White House, alleging it has kept all three off press pool duty since Sept. 18 despite an injunction

Brian Steinberg / Variety:
Versant, owner of MS NOW and CNBC, is launching four new FAST channels, including Snapped, Botched, and CNBC Ambition, bringing its portfolio to 13 outlets

Emma Roth / The Verge:
Meta says it may delay its new commercial terms past Nov. 20 after publishers and politicians voiced concerns the terms could let it train AI on their content

More News

John Revill / Reuters:
Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reserves

Earlier Picks

CNN:
Temu and Shein raise prices ahead of de minimis tariff exemption expiring on May 2 and urged customers to make purchases prior to April 25 to avoid 120% tariffs
Leo Schwartz / Fortune:
Nous, which plans to launch an AI training system on Solana using people's idle computing power, raised a $50M Series A, a source says at a $1B token valuation
Kyle Wiggers / TechCrunch:
OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini-powered lightweight version, which also rolls out to Free users today
Emma Roth / The Verge:
Netflix rolls out subtitles with just spoken dialog, without audio cues or speaker names, and says ~50% of US viewing hours happen with subtitles or captions on
Aisha Malik / TechCrunch:
Facebook will reduce the reach of accounts sharing spammy content and make them ineligible for monetization, after Zuckerberg promised a return to “OG Facebook”
Sean Hollister / The Verge:
Intel CEO Lip-Bu Tan announces changes, including an engineering refocus, reductions in unnecessary bureaucracy and workforce, and four-day-per-week RTO policy
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