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May 9, 2025, 5:50 AM
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| Sarah Perez / TechCrunch: |
Meta says it will start testing video ads on Threads with a “small number” of advertisers, and “Reels trending ads”, which will be shown next to trending Reels — Instagram Threads will begin testing video ads, Meta announced on Thursday.
More: Facebook, BetaNews, Tech in Asia, Neowin, Social Media Today, Tubefilter, Engadget, TVNewsCheck, MediaPost, Adweek, and Deadline
| Karissa Bell / Engadget: |
Meta rolls out its Account Status feature to Threads, letting users see when the company has removed or demoted posts or handed out other penalties — Threads will finally start giving users more visibility into when their accounts are penalized for breaking its rules.
More: The Verge, Social Media Today, BetaNews, and Gadgets 360
Threads: @karissabe, @jackteachesfinance, and @tinahsnewsfeed1
| Mayumi Negishi / Bloomberg: |
Japan's Panasonic says it will cut 10,000 jobs, including 5,000 roles overseas, and book ~$895M in restructuring charges in the current fiscal year — The Osaka-based company said on Friday the job cuts target 5,000 employees in Japan and 5,000 overseas at consolidated companies, and would take place mostly in the current fiscal year.| 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.
More: 9to5Mac, The Verge, Business Today, AppleInsider, Business Standard, Reuters, Verdict, AI News, MIXED Reality News, MacRumors, Tom's Guide, Cointelegraph, iPhone in Canada Blog, TrendForce News, Gadgets 360, Analytics India Magazine, TechRadar, Livemint, Tech in Asia, UploadVR, iDownloadBlog.com, iThinkDifferent, Patently Apple, Digital Trends, Cult of Mac, iClarified, PhoneArena, and Thurrott
X: @ericjhonsa, @benbajarin, @anshelsag, @sadlyitsbradley, @sadlyitsbradley, @cherthedev, @vadimyuryev, and @markgurman
Forums: r/apple, Slashdot, and MacRumors Forums
| 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 …
More: CNBC, Wired, Tech in Asia, Benzinga, Fortune, Financial Times, NewsBTC, Coinpedia Fintech News, NBC News, CryptoSlate, Engadget, Wall Street Journal, Reuters, The Crypto Times, Watcher Guru, Cryptopolitan, DL News, Cointelegraph, CoinGape, Protos, Decrypt, CoinDesk, The Block, and The Verge
Bluesky: @quinnypig.com. X: @jojocryo, @scrubings, @cryptohunter0x, @molly0xfff, @masinvestpedia, and @tomasgreif
| 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 …
More: Decrypt, Decrypt, NBC News, Axios, CoinGape, U.S. Senator Mark R. Warner, CNN, PYMNTS.com, Ledger Insights, Cryptopolitan, crypto.news, Associated Press, Gizmodo, CoinDesk, and The Hill
X: @secscottbessent, @jchervinsky, @senlummis, @senatorhagerty, @intangiblecoins, @johnedeaton1, @molly0xfff, @molly0xfff, @molly0xfff, @senatorricketts, @gillibrandny, @novogratz, @senategop, @rubengallego, @bankinggop, @cschlauf, @maxpcohen, @senategop, @chrispavlovski, @bohines47, @sawyerhackett, @molly0xfff, @senatorhagerty, @cdixon, @pmarca, @senatorslotkin, @senthomtillis, @bankinggop, and @leaderjohnthune. LinkedIn: Todd H Baker. Forums: r/Buttcoin
| 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 …
More: Tech in Asia, BeInCrypto, Stripe, CoinGape, The Block, crypto.news, Cryptopolitan, Raw Story, CryptoSlate, FinanceFeeds, Blockhead, Cointelegraph, WinBuzzer, Crypto Briefing, CoinDesk, The Crypto Times, and Blockworks
Bluesky: @csfrayer. X: @timccopeland, @joc_ra, @lexnfx, @ryansadams, @matthewstoller, @hawleymo, @jeffjohnroberts, @moo9000, @zerohedge, @howdymerry, @bdanweiss, @andymstone, @homeless_72, and @chuk_xyz
| Jonathan Vanian / CNBC: |
Pinterest reports Q1 revenue up 16% YoY to $855M, vs. $847M est., MAUs up 10% to 570M, and forecasts Q2 revenue above estimates; PINS jumps 15%+ after hours — Pinterest shares rose 15% in extended trading Thursday after the company reported first-quarter earnings and provided better-than-expected guidance.
More: Pinterest, Tech in Asia, Reuters, Social Media Today, PYMNTS.com, The Information, Investor's Business Daily, and Benzinga. Forums: r/wallstreetbets
| Paige Smith / Bloomberg: |
Memo: the US CFPB discontinues its order designating the supervision of Google Payment, saying the Biden-era decision is an “unwarranted use” of CFPB's powers — The supervision of Google Payment would be “an unwarranted use of the Bureau's powers and resources,” … | Akash Sriram / Reuters: |
Lyft reports Q1 revenue up 14% YoY to $1.45B, vs. $1.47B est., increases its share buyback program to $750M after activist pressure; LYFT jumps 7%+ after hours — Lyft (LYFT.O) increased its stock buyback program to $750 million and posted a 14% rise in first-quarter revenue on Thursday …
More: Reuters, Barron's Online, Lyft, CNBC, Tech in Asia, MarketWatch, The Information, and SiliconANGLE
| MacKenzie Sigalos / CNBC: |
Affirm reports Q3 revenue up 36% YoY to $783M, vs. $783M est., GMV up 36% to $8.6B, above est., and forecasts Q4 revenue below est.; AFRM drops 8%+ after hours — WATCH NOW — Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter …
More: PYMNTS.com, Yahoo Finance, Associated Press, and Benzinga
| Helene Braun / CoinDesk: |
Coinbase reports Q1 revenue up 24% YoY to $2B, vs. $2.1B est., trading volume up 26% YoY to $393B, and earnings per share of $0.24, vs. $1.93 est. — Shares of Coinbase (COIN) fell nearly 3% in post-market trading after it reported a significant drop in revenue in the first quarter of the year …
More: Coinbase, SiliconANGLE, Cointelegraph, CryptoSlate, Cryptopolitan, CNBC, Yahoo Finance, Decrypt, CNBC, The Block, Bloomberg, Reuters, and Tech in Asia. X: @coinbase
| Lauren Thomas / Wall Street Journal: |
More: Deribit Insights, Coinbase, Proactive, Fortune, NewsBTC, Blockhead, CNBC, CoinDesk, DL News, Coinpedia Fintech News, Cryptopolitan, The Block, SiliconANGLE, The Information, Cautious Optimism, Bitcoin Insider, NFTgators, Axios, Yahoo Finance, ZyCrypto, Blockchain.News, Crypto Briefing, Decrypt, Blockworks, TheStreet, Benzinga, Cointelegraph, and The Crypto Times
X: @coinbase, @deribitofficial, @brian_armstrong, @raoulgmi, @gregtusar, @davidtsocy, @architect9000, @coinbasetraders, @emiliemc, @shanaggarwal, @coinbaseintexch, @jasonyanowitz, @brian__foster, @coinbaseinsto, @apompliano, @benlambert08, and @danblocmates
LinkedIn: Phillip Lord and John Turner
| Reinhardt Krause / Investor's Business Daily: |
Cloudflare reports Q1 revenue up 27% YoY to $479.1M, vs. $469.3M est., and forecasts Q2 revenue of $500M to $501M, vs. $500.4M est.; NET jumps 8%+ after hours — Cloudflare (NET) stock climbed Thursday after the company reported first-quarter earnings that met views while revenue topped Wall Street targets.| 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.
More: The Keyword, Chromium Blog, Google Online Security Blog, Livemint, India Today, BetaNews, Analytics India Magazine, The Cyber Express, The Hacker News, Digit, Digital Trends, The Indian Express, WebProNews, WinBuzzer, Neowin, MacRumors, Search Engine Journal, How-To Geek, CNET, Android Authority, MediaPost, Droid Life, Engadget, Android Police, CNN, and 9to5Google
| Scharon Harding / Ars Technica: |
Broadcom is sending cease-and-desist letters to owners of VMware perpetual licenses with expired support contracts, to get them to buy VMware product bundles — Broadcom has been sending cease-and-desist letters to owners of VMware perpetual licenses with expired support contracts, Ars Technica has confirmed.
More: Comparitech, TechSpot, Channel Futures, and Network World
Forums: r/vmware, r/technology, Slashdot, and Ars OpenForum
| Washington Post: |
Senate hearing: Sam Altman says that requiring government approval to release AI would be “disastrous” for the US' lead in AI, a reversal from his 2023 comments — Congressional testimony Thursday from OpenAI CEO Sam Altman illustrated a shift in the tech industry's attitude to the potential risks of AI.
More: Benzinga, WinBuzzer, Associated Press, Tech Policy Press, Reuters, Forbes Breaking News on YouTube, The Information, Politico, Fortune, Fox Business, PYMNTS.com, and GeekWire
Bluesky: @darthbluesky. X: @chrisharihar, @sharongoldman, @vitrupo, @taylordbarkley, @adamthierer, @mrewanmorrison, @taylordbarkley, and @similarweb
| Michael Nuñez / VentureBeat: |
Alibaba researchers detail ZeroSearch, a technique allowing LLMs to develop advanced search capabilities via simulation, claiming it cuts costs by up to 88% — Researchers at Alibaba Group have developed a novel approach that could dramatically reduce the cost and complexity of training AI systems … Sponsor Posts
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IDrive:
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