Techmeme
May 9, 2025, 5:45 AM

Top News

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.
Sarah Perez / TechCrunch:
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.
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 …
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 …
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 …
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 …
Lauren Thomas / Wall Street Journal:
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.
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.
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.

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