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May 8, 2025, 4:12 AM
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WeSmirchTop News
| Bloomberg: |
US v. Google: Eddy Cue says Apple is looking at reshaping Safari to focus on AI search, and Safari searches dropped for the first time in April; GOOG drops 7.5% — Apple Inc. is “actively looking at” reshaping the Safari web browser on its devices to focus on AI-powered search engines …
More: The Verge, CNBC, 9to5Mac, The Verge, Ars Technica, 9to5Mac, AppleInsider, Business Standard, Yahoo Finance, CNBC, Gadgets 360, The Verge, Financial Express, MacRumors, PhoneArena, Tom's Guide, Digit, PYMNTS.com, Cryptopolitan, iThinkDifferent, Watcher Guru, SiliconANGLE, Yahoo Finance, Mashable, The National, BGR, Wccftech, Interesting Engineering, WinBuzzer, TheStreet, Bloomberg, Daring Fireball, Gizmodo, Neowin, TechRadar, The Information, UPI, Cult of Mac, The Decoder, Spyglass, Wall Street Pit, Macworld, Quartz, Silicon UK, Capital Brief, The Daily Hodl, Digital Trends, Channel NewsAsia, MacRumors, New York Post, and Philip Elmer‑DeWitt
Bluesky: @jackjenkins.me and @caseynewton
X: @khushitavasant, @signulll, @pkafka, @matthewstoller, @brandonbutch, @marvinvonhagen, @zerohedge, @pkafka, @parkerortolani, @munster_gene, @pkafka, @rihardjarc, @stockmktnewz, @pkafka, @markgurman, @munster_gene, @rihardjarc, @garrytan, @aravsrinivas, @markgurman, @deitaone, and @benbajarin
Forums: r/artificial, r/technology, r/technews, r/wallstreetbets, r/apple, Slashdot, Ars OpenForum, and MacRumors Forums
| OpenAI: |
OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO, focusing on “research, compute, and safety” — Sam shared this message with the company earlier today: — Hi everyone - I have some exciting news to share.
More: New York Times, Benzinga, and Blockchain.News
X: @gdb, @sama, @openai, @edzitron, @jessicalessin, @mikeisaac, @alexrkonrad, and @sama
| Fidji Simo / Instacart Corporate Blog: |
Instacart CEO Fidji Simo tells employees that the new CEO will be an existing member of the management team and she will stay on as Chair of the Board — Instacart CEO and Chair Fidji Simo shared the email below with Instacart employees this evening. You can read it in full here:
More: Wall Street Journal, The Information, TechCrunch, Business Insider, CNBC, and Reuters
| Bloomberg: |
The US Commerce Department says it will rescind the Biden-era “AI diffusion rule” that limits exports of AI chips, which was set to take effect on May 15 — The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions …
More: Yahoo Finance, VentureBeat, Reuters, CNBC, TechHQ, Reuters, Finance News Network, Senator Pete Ricketts, Benzinga, The Economic Times, TrendForce News, Wall Street Pit, Fortune, Anadolu Ajansı …, Tech in Asia, The Information, Financial Times, Washington Times, Axios, Watcher Guru, Investor's Business Daily, and The Japan Times
X: @deitaone, @amitisinvesting, @pstasiatech, @spencerhakimian, @danielnewmanuv, @andrewcurran_, @firstadopter, @annmarie, @senatorricketts, @stephaniealai, @capitalobserver, @ashleyrgold, @tradelawnews, and @nvidianewsroom. LinkedIn: Joshua Geltzer
Forums: r/technology and Slashdot
| Kevin Purdy / Ars Technica: |
An interview with curl project founder Daniel Stenberg, who likens “AI slop” in HackerOne submissions to a DDoS attack, echoing Seth Larson and others' concerns — “A threshold has been reached. We are effectively being DDoSed. If we could, we would charge them for this waste of our time …
More: HackerOne, Socket, and Cyber Security News
Bluesky: @campuscodi.risky.biz. Mastodon: @Weld@infosec.exchange. LinkedIn: Daniel Stenberg. Forums: Slashdot and Ars OpenForum
| Wired: |
Sources: OpenAI staffers met with the FDA and two DOGE associates multiple times in recent weeks to discuss a project called cderGPT, likely for drug evaluation — High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT.
More: TechCrunch and Reuters
| Washington Post: |
More: Raw Story, Letters from an American, and CleanTechnica
| Kyle Wiggers / TechCrunch: |
Anthropic launches API web searches for Claude 3.7 Sonnet, 3.5 Sonnet, and 3.5 Haiku at $10 per 1K searches, giving the models access to up-to-date information — Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build …
More: Anthropic, Blockchain.News, VentureBeat, Tech in Asia, and WebProNews
Forums: Hacker News and r/ClaudeAI
| Washington Post: |
Internal messages show how the US State Department, in conjunction with trade talks, pushed nations facing tariffs to clear regulatory hurdles for Starlink — Some countries have turned to the satellite internet firm in conjunction with trade talks, State Department staffers wrote.
More: TechCrunch, Business Today, The Atlantic, Digit, BMI, Reuters, Benzinga, Gizmodo, The Register, The Independent, Tech in Asia, and Raw Story
Bluesky: @vanhollen.senate.gov, @socialmedialab.ca, @robertscotthorton, @thetnholler, @willoremus.com, @sababausa, @scondrasht, @repcasar, @grudgie, @authorwinifred, and @carlquintanilla
Mastodon: @dianshuo@mstdn.io and @dangillmor@mastodon.social
X: @jstein_wapo, @repcasar, @jstein_wapo, @tcfrankel, @lpolgreen, @samstein, and @joroulette
| Lauren Forristal / TechCrunch: |
Netflix unveils its ChatGPT-powered search that lets users express preferences using natural phrases, rolling 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.
More: Still Watching Netflix on YouTube, Parker Ortolani, MacRumors, Mercury News, Mobile World Live, and Trusted Reviews
Forums: Slashdot and MacRumors Forums
| John Koblin / New York Times: |
| Reuters: |
TPG and Corpay agree to acquire Charlotte, NC-based payment automation software provider AvidXchange for $2.2B, with Corpay investing ~$500M for a 33% stake — Global alternative asset manager TPG (TPG.O) will partner with Corpay (CPAY.N) to buy payments solutions provider AvidXchange … | Jonathan Vanian / CNBC: |
AppLovin reports Q1 revenue up 40% YoY to $1.48B, vs. $1.38B est., net income up 144% to $576M, and forecasts Q2 revenue below est.; APP jumps 13%+ — AppLovin shares soared as high as 15% in extended trading after the company reported earnings and revenue that beat expectations and announced the sale of its mobile gaming business.| Tobias Mann / The Register: |
An IBM survey of 2,000 CEOs finds that only 25% of AI initiatives have delivered expected ROI over the last few years, and only 16% have scaled enterprise wide — Just 1 in 4 bets paying off so far — Only a quarter of AI initiatives have delivered the expected return on investment, according to an IBM survey of 2,000 CEOs.| Ian King / Bloomberg: |
Arm reports Q4 revenue up 34% YoY to $1.24B, vs. $1.23B est., royalty revenue up 18% to $607M, and forecasts Q1 revenue below est.; ARM drops 8%+ — Arm Holdings Plc declined in late trading after giving a disappointing sales forecast for the current quarter, stoking concerns about a tariff-fueled slowdown for the chip industry.| Mary Ann Azevedo / TechCrunch: |
At Stripe Sessions, the company announced an AI foundation model for payments, plans for stablecoin-powered accounts, a recent migration with Nvidia, and more — Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event.
More: Cointelegraph, Stripe, Decrypt, Bloomberg, Stripe Documentation, crypto.news, Blockhead, CryptoSlate, Stripe, and PYMNTS.com. X: @stripe
| Bloomberg: |
Filing: Apple seeks to pause the part of the April 30 Epic v. Apple US court ruling that blocked it from charging App Store commissions on outside transactions — The company is appealing a federal judge's ruling last week in its long-running fight with Epic Games Inc. that the iPhone maker failed … | Ben Schoon / 9to5Google: |
Samsung plans to launch the Galaxy S25 Edge at a May 12 virtual event at 8pm ET, and reservations for the super-slim device are now open with a $50 credit — After weeks of rumors and an apparent delay, Samsung has just announced a May 12 launch event for the Galaxy S25 Edge and has opened reservations for the device.
More: Samsung Newsroom, Business Today, Neowin, Mashable, Gadgets 360, TechCity, Gizmodo, XDA Developers, Pocket-lint, The Shortcut, TechRadar, Android Headlines, Android Police, ZDNET, PCMag, SammyGuru, The Verge, Digital Trends, HotHardware, Android Authority, How-To Geek, SamMobile, 9to5Toys, Tom's Guide, Engadget, and BGR
| 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.
More: Engadget, Gadgets 360, Adweek, Tech Times, TipRanks Financial, and GuruFocus
| 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.| Kritika Lamba / Reuters: |
Bumble reports Q1 revenue down 7.7% YoY to $247.1M, in line with $246.2M est., with Bumble app paying users falling ~1% YoY to 2.7M; BMBL jumps ~7% — Bumble (BMBL.O) reported a more than 7% fall in first-quarter revenue on Wednesday, but met Wall Street estimates, soothing some investor worries …
More: Bumble, Yahoo Finance, and Tech in Asia
| Mike Scarcella / Reuters: |
A US court rejects the FTC's legal challenge 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) …
More: Bloomberg Law, Video Games Chronicle, Silicon Republic, Tech in Asia, PC Gamer, Engadget, games fray, Eurogamer.net, How-To Geek, Pure Xbox, and Game Developer
Forums: r/pcgaming, r/Games, and r/wallstreetbets
| Maggie Harrison / Futurism: |
How “AI slop farmer” Jesse Cunningham targets older women on Pinterest and Facebook with AI-generated copies of content from real bloggers and creators — “It's just a bunch of fraud.” — Last year, Jesse Cunningham — a self-described “SEO specialist who leverages the power …
Bluesky: @futurism.com, @mharrisondupre, @jonchristian.net, @ourobororoboruo, and @lopatto. X: @charlescmann
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