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May 9, 2025, 9:15 AM
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Top News

Steven T. Dennis / Bloomberg:
Senate Democrats block the Genius Act for stablecoins after Republicans rebuffed barring 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 …
David K. Li / NBC News:
An Arizona man was sentenced to 10.5 years in prison after his deceased victim gave an impact statement to the court via an AI-generated video  —  The defendant got the maximum of 10½ years for the 2021 murder.  His attorney called the presentation “inflammatory,” providing grounds for appeal.
Chris Dolmetsch / Bloomberg:
A US judge sentences Celsius founder and former CEO Alex Mashinsky to 12 years in prison, after he pleaded 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 …
Mark Gurman / Bloomberg:
Sources: Apple aims to have TSMC mass produce 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.
Karissa Bell / Engadget:
Meta brings its Account Status feature to Threads, letting users see when the company has removed or demoted their posts or handed out other account penalties  —  Threads will finally start giving users more visibility into when their accounts are penalized for breaking its rules.
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
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.
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 …
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.
Helene Braun / CoinDesk:
Coinbase Q1: revenue up 23% YoY to $2B, vs. $2.1B est., net income down 94% YoY to $66M, trading volume up 26% YoY to $393B, and $0.24 EPS, 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 …
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.
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:15 AM ET, May 9, 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

Matthew Keys / TheDesk.net:
A district court judge in California issues a preliminary injunction blocking Nexstar's acquisition of Tegna while an antitrust lawsuit proceeds

Wendy Davis / MediaPost:
The FTC ends a demand for info from NewsGuard after settling a case against Dentsu, Publicis, and WPP; NewsGuard has sued the FTC over restrictions on Omnicom

David Marcelis / Wall Street Journal:
As parts of the podcasting industry shift toward video content, some audio-only listeners report frustration with the lack of context for visual references

More News

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%
More: WinBuzzer, arXiv.org, and The Drum
Bluesky: @soodoku.  X: @_akhaliq.  LinkedIn: Derrick Mwiti.  Forums: r/baba and Slashdot
Chris Cameron / New York Times:
Trump threatens to end the Digital Equity Act, a Biden-era law aimed at expanding high-speed internet access, calling it “racist” and “totally unconstitutional”
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
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

Earlier Picks

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”
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%+
Washington Post:
Analysis: 67K+ new or small-time crypto investors bought the $TRUMP memecoin but 80% of them bought near the coin's peak and saw their holdings' value nosedive
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
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