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Techmeme
May 7, 2025, 2:45 PM
Mediagazer memeorandum WeSmirch
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Top News

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:
Netflix says it plans to start testing a TikTok-like feed of vertical videos in its mobile app “in the coming weeks” to help users find more content to watch
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 …
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
MacKenzie Sigalos / CNBC:
Sen. Blumenthal says the Permanent Subcommittee on Investigations opened an inquiry into Trump's crypto empire, calling his memecoin dinner “pay-for-play”  —  Democrats turned up the pressure on President Donald Trump's cryptocurrency ventures this week and the fortune …
MacKenzie Sigalos / CNBC:
Chainalysis: ~2M wallets have bought President Trump's $TRUMP memecoin, of which ~764K have lost money and 58 have made $10M+ each, totaling ~$1.1B in gains
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 …
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 …
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:
Leaked audio and memos: at a heated all-hands, Uber CEO Dara Khosrowshahi defended upping required in-office days to three per week, saying “it is what it is”
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.
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
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.
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 …
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.
More: ZDNET, The Verge, and CNBC
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:45 PM ET, May 7, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Brian Steinberg / Variety:
Memo: Mark Lazarus, who will run NBCUniversal spinoff Versant as its founding CEO, says MSNBC will become MS Now, or My Source for News Opinion and the World

CNN:
Filing: Newsmax agreed to pay Dominion Voting Systems $67M to settle a defamation lawsuit over false claims about the 2020 election, with $27M due this month

Max Tani / Semafor:
A group of left-leaning writers led by Jerusalem Demsas launch The Argument, an outlet to counter the populist right and boost liberal ideas, with $4M backing

More News

Sarah O'Connor / Financial Times:
The AI arms race between employers and jobseekers isn't going well for anyone, as applicants turn to GenAI to speed up a process that already felt dehumanized
Hannah Ritchie / Sustainability:
A look at the energy consumption impact of daily ChatGPT use, as an analysis finds LLM usage is still a rounding error on a person's total electricity footprint

Earlier Picks

Matt Simons / Courthouse News Service:
A US jury awards Meta nearly $168M in damages from Israeli spyware maker NSO Group in connection with the 2019 spyware attack on 1,400+ WhatsApp users' phones
Ian King / Bloomberg:
AMD reports Q1 revenue up 36% YoY to $7.4B, vs. $7.12B est., Data Center revenue up 57% to $3.7B, vs. $3.66B est., and forecasts Q2 sales above estimates
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