| Bloomberg: |
US v. Google: Eddy Cue says Apple is actively looking at reshaping Safari to focus on AI search and, in a first, Safari searches dropped in April; GOOG down 8%+ — Apple Inc. is “actively looking at” reshaping the Safari web browser on its devices to focus on AI-powered search engines … | John Koblin / New York Times: |
Netflix unveils a new homepage design for TVs, its first major update since 2013, featuring fewer titles but more video and animation, rolling out next week — The implications for the industry could be significant, given that most other streaming services have copied Netflix's design.| Lauren Forristal / TechCrunch: |
Netflix unveils its ChatGPT-powered search that lets users express preferences using natural phrases, to be rolled out this week to iOS users as an opt-in beta — After hinting at a new AI-powered search experience during its recent earnings call, Netflix officially unveiled the feature at its tech and product event on Wednesday.| Jay Peters / The Verge: |
| Shirin Ghaffary / Bloomberg: |
OpenAI unveils OpenAI for Countries, an initiative to help build out AI infrastructure and customize OpenAI's products for specific languages and local needs — OpenAI plans to invest in efforts outside of the US to develop the infrastructure necessary to run artificial intelligence systems … | Dean Seal / Wall Street Journal: |
Memo: CrowdStrike CEO George Kurtz says the company will cut ~500 jobs, or 5% of its global workforce, and expects to incur $36M to $56M in severance charges — Cybersecurity company will continuing to hire customer-facing and product-engineering roles — CrowdStrike said it will cut about 500 jobs … | James D. Walsh / New York Magazine: |
How ChatGPT and other AI tools enable systemic cheating in college, unravelling the entire academic project; one student says “the ceiling has been blown off” — ChatGPT has unraveled the entire academic project. — Chungin “Roy” Lee stepped onto Columbia University's campus … | Sarah Butler / The Guardian: |
Amazon unveils Vulcan, a sorting robot with a sense of touch that will be able to grab ~75% of its warehouse items, rolling out globally in the next few years — Vulcan device ‘capable of grabbing three-quarters of items in warehouses’ fuels fears of mass job losses| Bloomberg: |
Analysis: the majority of the top 220 holders of President Trump's memecoin likely reside outside the US, ahead of a May 22 dinner; Justin Sun likely holds $18M — The majority of top holders of Donald Trump's memecoin have used foreign exchanges that say they ban US users, suggesting many purchasers are based abroad| MacKenzie Sigalos / CNBC: |
| VideoCardz.com: |
FCC listings show two new Asus ROG Ally 2 handhelds with an Xbox button, AMD chips, 64GB of RAM, larger grips, and two USB-C ports, likely set for Computex 2025 — ROG Ally 2 leaks: new design, larger screen and Xbox version — ASUS is about to announce a new generation of gaming handhelds … | Kyle Wiggers / TechCrunch: |
Mistral releases Medium 3, which it says focuses on efficiency without compromising performance, for $0.40 per 1M input tokens, and launches Le Chat Enterprise — French AI startup Mistral is releasing a new AI model, Mistral Medium 3, that's focused on efficiency without compromising performance.| Natalie Lung / Bloomberg: |
Uber reports Q1 revenue up 14% YoY to $11.5B, Gross Bookings up 14% YoY to $42.8B, below $43.1B est., trips up 18% YoY to 3B, and $1.8B in net income — Uber Technologies Inc. reported weaker-than-expected quarterly gross bookings, citing lower US inbound travel that's led to slower gains in its rideshare business.| Jennifer Elias / CNBC: |
| Washington Post: |
| Jess Weatherbed / The Verge: |
Samsung subsidiary Harman has agreed to acquire Masimo's audio division, which includes the Bowers & Wilkins, Denon, and Polk Audio brands, for $350M — The $350 million deal brings them under the same ownership as JBL, Harman Kardon, and AKG. … Samsung subsidiary Harman has agreed … | Counterpoint Research: |
In 2024, Apple Watch sales fell 19%, the second consecutive year of decline, mainly driven by a drop in North America; no new Watch SE models weighed on sales — - The lack of a new SE model weighed most on shipment growth. — Fewer upgrades to the latest Watch Series 10, more competition … | The Information: |
Sources: Meta is once again considering facial recognition for its smart glasses and other devices, after abandoning the idea over ethical concerns in 2021 — Back in 2021, Mark Zuckerberg and other top Facebook executives were dreaming big about how to design the company's first generation of smart glasses.| Angel Au-Yeung / Wall Street Journal: |
Jeff Bezos' and Michael Dell's family offices commit $1B in total to Coatue's newly launched fund for investing in high-growth public and private tech companies — Coatue's fund is being anchored by $1 billion from family offices of Amazon founder and Michael Dell| Mike Scarcella / Reuters: |
A US court rejects a legal challenge by the FTC to Microsoft's $69B Activision Blizzard acquisition, upholding a lower court ruling that denied an injunction — A federal appeals court on Wednesday rejected a legal challenge by the U.S. Federal Trade Commission to Microsoft's (MSFT.O) … | Daniel Kuhn / The Block: |
New Hampshire becomes the first US state to pass a Strategic Bitcoin Reserve bill, permitting public fund investment in bitcoin, either directly or via an ETF — - New Hampshire has become the first state to pass a “Strategic Bitcoin Reserve” bill, according to Satoshi Action Fund founder Dennis Porter.| Ivan Mehta / TechCrunch: |
Figma releases AI-powered tools to take on Canva and Adobe: Figma Sites for creating sites, Figma Make for app prototypes, and Figma Buzz for marketing assets — Design company Figma today announced multiple features, including AI-powered site and web app creation, a way for marketers to create assets in bulk, and a new drawing tool.| Kyle Wiggers / TechCrunch: |
Microsoft says it will support Google's Agent2Agent spec, known as A2A, in Azure AI Foundry and Copilot Studio and will join A2A's working group on GitHub — Microsoft says that it's embracing Google's recently launched open protocol for allowing AI “agents” to communicate with each other.| Ashley Capoot / CNBC: |
Nvidia CEO Jensen Huang says that China's AI market will likely reach ~$50B in the next two to three years, and missing out on it would be a “tremendous loss” — Nvidia CEO Jensen Huang said on Tuesday that China's artificial intelligence market will likely reach about $50 billion … | Muyao Shen / Bloomberg: |
Sources: Robinhood plans a blockchain-based platform to let retail investors in Europe trade US securities, and considered partnerships with Arbitrum and Solana — The venture will be likely launched through a partnership with a digital-asset firm, according to the people.| Belle Lin / Wall Street Journal: |
IBM CEO Arvind Krishna says the company used AI agents to replace the work of 200+ HR employees and, as a result, hired more programmers and salespeople — The tech company promises higher total employment as it reinvests resources toward roles like software development| Lucy Colback / Financial Times: |
A look at the hype and reality surrounding AI agents, currently used primarily by companies to boost efficiency and cut costs, rather than drive top-line growth — An in-depth look at the hype and reality around “agentic AI” — the use of AI agents that perform tasks autonomously.| Sapna Maheshwari / New York Times: |
At a Manhattan event, TikTok executives tried to reassure ad clients, saying that “we are absolutely confident” in TikTok and “in the future of this platform” — The company's executives tried to reassure potential advertisers about the app's future … | MacKenzie Sigalos / CNBC: |
The US CFPB says it will stop enforcing a Biden-era rule that treats BNPL firms like credit card lenders; Affirm and other BNPL firms had opposed to the rule — For the third time under President Donald Trump, the Consumer Financial Protection Bureau has pulled back from enforcing a key rule …
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| Hannah Ritchie / Sustainability: |
| Kate Park / TechCrunch: |
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| Matt Simons / Courthouse News Service: |