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May 4, 2025, 2:15 AM
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Top News

Wayne Ma / The Information:
Sources: Apple plans to launch iPhone 18 Pro models, a thin iPhone 18, and a foldable iPhone in fall 2026 but the standard iPhone 18 in spring 2027  —  After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically.  Later this year it's expected to introduce …
Zoltan Vardai / Cointelegraph:
Polygon Labs spinout Miden, a zero-knowledge proof-based blockchain project focused on high scalability, raised a $25M seed led by a16z Crypto, 1kx, and Hack VC  —  A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs.
Ian Johnston / Financial Times:
Ookla: Starlink use rose by 35% above average in Spain and Portugal on April 28, as a widespread electricity outage exposed vulnerabilities in telecoms networks  —  Widespread electricity outage on the Iberian peninsula exposed vulnerabilities in telecoms  —  Spanish and Portuguese mobile …
Chloe Cornish / Financial Times:
Filings: Abu Dhabi-based AI group G42 set-up a US company to boost its presence in the country, as the UAE plans to invest tens of billions of dollars in the US  —  State-backed group accelerates investment plans as it deepens collaboration over the technology
New York Times:
Sensor Tower: Temu cut US digital ad spending by an estimated 31% and Shein by 19% in the two week period from March 31 as the de minimis exemption is closed  —  For Meta, Alphabet and other platforms, the elimination of the tariff exemption for inexpensive goods is already cutting into advertising revenue.
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
Maria Deutscher / SiliconANGLE:
Doppel, which provides an AI-powered social engineering detection service for enterprises, raised a $35M Series B led by Bessemer at a $205M valuation  —  Cybersecurity startup Doppel Inc. today disclosed that it has closed a $35 million funding round led by Bessemer Venture Partners.
Lucy Adams / Tech.eu:
Berlin-based Pliant, which helps corporates combine physical and virtual credit cards with automation tools to streamline spending, raised a $40M Series B  —  The company plans to hire additional talent and expand its partner network to facilitate growth.  —  Berlin-based fintech has secured …
More: PYMNTS.com
Financial Times:
Inside Japan's Disco Corp, which makes ~75% of the world's chip cutting tools, and where no staffer has a boss, with decisions made using a currency called Will  —  It's the start of another day for an ordinary Tokyo salaryman.  On a rain-drenched Monday morning, the engineer stows …
Brian Merchant / Blood in the Machine:
Duolingo's “AI-first” announcement highlights the unfolding AI jobs crisis, with attrition in creative fields, hiring cuts, declining freelance incomes, more  —  On Monday, April 29th, Luis von Ahn, the billionaire CEO of the popular language learning app Duolingo …
Bloomberg:
An in-depth look at the impact of stratospheric pollution from satellite reentries on the ozone layer, as Starlink and others launch more internet satellites  —  for Bloomberg Green + The Big Take May 1, 2025  —  Elon Musk's SpaceX has more than 7,000 satellites in orbit to create its Starlink internet constellation.

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From Mediagazer

Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

Brian Steinberg / Variety:
Sources: Anderson Cooper has signed a new deal with CNN

More News

Indulekha Aravind / Rest of World:
How Namma Yatri, an open-source ride-hailing app, forced Uber, Ola, and Rapido to adopt its no-commission, subscription model for auto-rickshaw drivers in India

Earlier Picks

Jordan Novet / CNBC:
Veza, which helps company administrators manage employee access to applications and data, raised a $108M Series D led by NEA at a valuation of just over $800M
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
Financial Times:
The US DOJ tells a judge it will seek to force Google to divest its ad exchange and publisher ad server units and share real-time ad bidding data with rivals
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
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