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May 2, 2025, 4:40 PM
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Top News

Sam Schechner / Wall Street Journal:
Ireland's DPC fines TikTok €530M for illegally sending European user data to China and orders it to bring such transfers into compliance within six months  —  Irish privacy watchdog says app failed to protect user data sent to China  —  Ireland's data-privacy watchdog fined TikTok …
Umar Shakir / The Verge:
Microsoft says new accounts will be “passwordless by default”, asking people to use more secure methods like passkeys, push notifications, and security keys  —  The company is trying to get everyone to get rid of passwords, eventually.
Mark Gurman / Bloomberg:
Sources: Apple is working with Anthropic for a new version of Xcode that will use Claude Sonnet to write, edit, and test code, with plans to roll out internally  —  Apple Inc. is teaming up with startup Anthropic PBC on a new “vibe-coding” software platform that will use artificial intelligence to write …
Hayden Field / CNBC:
A US judge schedules the US government's remedies trial in the Google antitrust case regarding its advertising tech to begin on September 22
Annie Palmer / CNBC:
Temu stops shipping products from China directly to US shoppers and lists only products shipped from US warehouses, as Trump closes the de minimis exemption  —  Bargain Chinese retailer Temu changed its business model in the U.S. as the Trump administration's new rules on low-value shipments took effect on Friday.
Chance Miller / 9to5Mac:
Apple updates its App Store Guidelines to comply with a US judge's April 30 Epic injunction, letting app developers link to external payment methods in the US  —  Apple has officially updated the App Store Guidelines to comply with yesterday's injunction handed down in its legal case with Epic Games.
Jay Peters / The Verge:
Apple approves a Spotify iOS app update that lets US customers use other payment options beyond Apple's payment system; Patreon said it plans to do the same
Tom Warren / The Verge:
Rockstar Games delays the release of Grand Theft Auto VI from fall 2025 to May 26, 2026, saying it needs extra time to deliver the expected and deserved quality  —  Rockstar Games says it needs more time to deliver the ‘quality you expect and deserve.’  —  Rockstar Games is delaying …
OpenAI:
OpenAI shares details on how an update to GPT-4o inadvertently increased the model's sycophancy, why OpenAI failed to catch it, and the changes it is planning  —  A deeper dive on our findings, what went wrong, and future changes we're making.  —  On April 25th, we rolled out an update to GPT‑ …
Selam Gebrekidan / New York Times:
The US designates Cambodia's Huione Group as a money-laundering operation, saying it laundered $4B+ since August 2021 for criminals such as North Korean hackers  —  The Treasury Department said Huione Group and its affiliates had laundered more than $4 billion.
Ryan Gallagher / Bloomberg:
A hacking group called DragonForce takes credit for ransomware attacks targeting British retailers M&S, Harrods, and Co-Op over the past two weeks  —  - Cybercrime spree targeted Marks & Spencer, Co-Op, Harrods  — Hacking gang takes credit for attacks on the retailers
Martin Arnold / Financial Times:
The UK FCA plans to ban retail investors from borrowing money to buy cryptocurrencies, as it aims to bring much of the crypto market under its regulatory remit  —  UK financial regulator sets out proposals to regulate much of the digital asset market  —  The UK financial watchdog plans …
Lawrence Abrams / BleepingComputer:
A California man pleads guilty to illegally accessing Disney's Slack channels and stealing 1.1TB+ of data in 2024; he later posed as hacktivist group NullBulge  —  A California man who used the alias “NullBulge” has pleaded guilty to illegally accessing Disney's internal Slack channels …
Apple Inc.:
Apple reports Q2 revenue up 5% YoY to $95.4B, vs. $94.6B est., China sales down 2% YoY to $16B, vs. $16.83B est., and authorizes a $100B share buyback program
Rolfe Winkler / Wall Street Journal:
On its Q2 call, Apple said that a “majority” of iPhones sold in the US in Q3 will come from India while “nearly all” of its other devices will come from Vietnam

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From Mediagazer

Isabella Simonetti / Wall Street Journal:
Sources: Vanity Fair and Olivia Nuzzi have agreed to part ways following new allegations about her affair with RFK Jr. and her behavior while reporting on him

Liam Scott / Columbia Journalism Review:
A look at the First Amendment Watch's SLAPP Back Initiative, a US SLAPP tracker; in 2024, 69 of 500 cases involved the media, of which 46 were dismissed

Scott Roxborough / The Hollywood Reporter:
A European theater owners group says Netflix's Warner Bros. acquisition “represents a double risk” of fewer films being produced and getting theatrical releases

More News

Tim Bradshaw / Financial Times:
Filing: Jeff Bezos plans to sell up to $4.75B worth of AMZN, or 25M shares, via an orderly trading plan, set up in March, running through the end of May 2026

Earlier Picks

Reuters:
Memo: the US DOD seeks to secure right-to-repair provisions in Army contracts to access tools, software, and technical data without hindrance by IP constraints
Lauren Forristal / TechCrunch:
MoviePass launches Mogul, a daily fantasy sports-inspired, blockchain-based platform for movie buffs, in beta and says 400K+ people signed up for early access
David Yaffe-Bellany / New York Times:
President Trump's World Liberty Financial says Abu Dhabi's MGX fund is investing $2B in Binance using World Liberty's USD1 stablecoin, raising ethical concerns
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