Techmeme
May 8, 2025, 6:40 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple aims to begin mass production of a chip for its smart glasses, with greater power efficiency and multi-camera control, by end of 2026 or in 2027  —  The company has made progress on the chip that it's developing for smart glasses, according to people with knowledge of the matter.
OpenAI:
OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO and focus on research, compute, and safety  —  Sam shared this message with the company earlier today:  —  Hi everyone - I have some exciting news to share.
Fidji Simo / Instacart Corporate Blog:
Fortune:
Sources: Meta is in discussions with crypto firms to introduce stablecoins as a means to manage payouts, and has hired a VP of product with crypto experience  —  Mark Zuckerberg, CEO of Meta, speaks at a conference in September.  —  In 2019, Meta announced an audacious project …
Aisha Malik / TechCrunch:
Google rolls out AI-powered defenses to help combat scams on Chrome, including the use of Gemini Nano, its on-device LLM, in Enhanced Protection mode on desktop  —  Google announced on Thursday that it's rolling out new AI-powered defenses to help combat scams on Chrome.
David Wallace-Wells / New York Times:
Q&A with Bill Gates on closing the Gates Foundation on December 31, 2045, donating ~$200B, President Trump, Elon Musk, AI drug discovery, AI advances, and more  —  Today the Gates Foundation celebrates its 25th anniversary by announcing its plans to close up shop.
Paul Sandle / Reuters:
The UK says the Digital Services Tax remains unchanged under the trade deal agreed between the US and the UK, both of which will work on a “digital trade deal”  —  Britain's digital services tax, imposed on U.S. companies like Amazon (AMZN.O), Google (GOOGL.O) and Meta (META.O) …
Tanaya Macheel / CNBC:
Bitcoin jumps above $100,000 for first time since February 2025, after President Trump announced a US-UK trade agreement; ether, dogecoin, and solana rose 9%+  —  Bitcoin on Thursday hit its highest level since February and climbing back above the key $100,000 level.
Steven T. Dennis / Bloomberg:
Senate Democrats block the Genius Act after Republicans rebuffed a provision to bar Trump and others from profiting off of crypto ventures while in office  —  Senate Democrats blocked stablecoin legislation backed by the digital assets industry amid a furor over President Donald Trump's extensive …
Lauren Thomas / Wall Street Journal:
Lawrence Abrams / BleepingComputer:
The LockBit ransomware gang has suffered a data breach, with 59,975 BTC addresses and 4,442 negotiation messages leaked, and posted on its dark web site  —  The LockBit ransomware gang has suffered a data breach after its dark web affiliate panels were defaced and replaced with a message linking to a MySQL database dump.
Chris Vallance / BBC:
The Wikimedia Foundation says it is taking legal action to challenge the UK's Online Safety Act, saying it could threaten the safety of its volunteer editors  —  Wikipedia is taking legal action against new Online Safety Act regulations it says could threaten the safety of its volunteer editors …
David Shepardson / Reuters:
Prepared testimony: Microsoft and other AI leaders urge US senators to streamline federal AI energy permits and open more government datasets for AI training  —  Microsoft (MSFT.O) and other AI leaders on Thursday will urge U.S. lawmakers to streamline federal permitting …
Victoria Kennedy / Eurogamer.net:
Palworld developer Pocketpair says a 2024 update was due to “ongoing litigation” and a new update is “yet another compromise”, as it disputes Nintendo's claims  —  “We... assert the invalidity of the patents in question.”  —  Palworld developer Pocketpair has released …
Sarah Perez / TechCrunch:
Chris Dolmetsch / Bloomberg:
Celsius Network founder and former CEO Alex Mashinsky is sentenced to 12 years in prison after pleading guilty to commodities fraud and misleading investors  —  Whoop Launches Slimmer Fitness Bands With Blood Pressure, ECG Features  —  Review: The Whoop 5.0 and MG — short for medical grade …
Samantha Subin / CNBC:
Palantir's valuation rises to $281B after its shares close up 7.85%, surpassing Salesforce and joining the top 10 largest US tech companies by market cap  —  There's a new member in the list of the top 10 U.S. technology companies by market cap.  —  Data analytics software vendor Palantir jumped …
Forums: r/StockMarket
Takashi Mochizuki / Bloomberg:
The Keyword:
Google says it is continuing to see “overall query growth in Search”, including “an increase in total queries coming from Apple's devices and platforms”  —  We continue to see overall query growth in Search.  That includes an increase in total queries coming from Apple's devices and platforms.
Mark Gurman / Bloomberg:

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Earlier Picks

Andrew Webster / The Verge:
Danny Park / The Block:
Maggie Harrison / Futurism:
Kevin Purdy / Ars Technica:
Bloomberg: