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May 15, 2025, 10:35 AM
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Niket Nishant / Reuters:
Coinbase says hackers accessed a “small subset” of users' data, but not credentials, expects to incur $180M to $400M in costs, and refuses to pay a $20M ransom  —  Coinbase (COIN.O) forecast a hit between $180 million and $400 million from a cyber attack that breached account data of a …
Bloomberg:
President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production  —  President Donald Trump said India has made an offer to drop tariffs on US goods …
Issie Lapowsky / Vanity Fair:
Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”  —  In his new book, Apple in China, Patrick McGee examines how Tim Cook unwittingly led Apple right into the heart of Trump's trade war.
Benjamin Mayo / 9to5Mac:
Apple rolls out CarPlay Ultra, the next generation of CarPlay, in new and existing Aston Martins in North America after months of delays, before a wider rollout  —  After months of delays, Apple today officially announced the launch of next-gen CarPlay, now with a new brand name of ‘CarPlay Ultra’.
Maxwell Zeff / TechCrunch:
OpenAI releases GPT-4.1 in ChatGPT for Plus, Pro, and Team subscribers “by popular request”, and replaces GPT-4o mini with GPT-4.1 mini for all ChatGPT users  —  OpenAI is releasing its GPT-4.1 and GPT-4.1 mini AI models in ChatGPT, the company announced in a post on X Wednesday.
Kyle Wiggers / TechCrunch:
OpenAI launches the “Safety evaluations hub”, a webpage showing how its models score on tests for harmful content generation, jailbreaks, and hallucinations  —  OpenAI is moving to publish the results of its internal AI model safety evaluations more regularly in what the outfit …
More: CNBC, OpenAI, Tom's Guide, and Tech in Asia
Bluesky: @sal19.  X: @haydenfield and @openai.  LinkedIn: Jennifer Elias.  Forums: Hacker News
Johnny Ryan / Irish Council for Civil Liberties:
The Belgian Court of Appeal rules that the Transparency & Consent Framework, used by Google, Microsoft, Amazon, X, and the ad industry, is illegal across Europe  —  Landmark court decision against “TCF” consent pop ups on 80% of the internet  —  Google, Microsoft, Amazon, X …
Jess Weatherbed / The Verge:
Apple adds red exclamation mark warnings on EU App Store listings for apps using third-party payment systems, not Apple's “private and secure payment system”  —  Apple suggests that users are putting themselves at risk by using third-party alternatives.
Paresh Dave / Wired:
Microsoft plans to shut down its Bing Search APIs on August 11; a source says the largest customers will retain access, and DuckDuckGo says it won't be affected  —  Microsoft is limiting access to tools that boosted its rivals, but larger customers like DuckDuckGo say they won't be affected.
Joe Tidy / BBC:
Hacking group DragonForce says it stole UK retailer Co-op's customer data but couldn't deploy ransomware because Co-op quickly shut down its systems, unlike M&S  —  Co-op narrowly averted being locked out of its computer systems during the cyber attack that saw customer data stolen …
Jay Peters / The Verge:
Grok replied on X to debunk claims of South Africa's “white genocide” when X users asked it to fact-check unrelated topics; the issue appears to have been fixed  —  Grok kept bringing it up in response to seemingly unrelated posts.
Jordan Novet / CNBC:
CoreWeave reports Q1 revenue up 420% YoY to $981.6M, vs. $853M est., and net loss up 143% YoY to $314.6M, partly due to $177M in stock-based compensation costs
Andy Greenberg / Wired:
Huione Guarantee, a Telegram-based black market for crypto scammers and money launderers that enabled $27B+ in transactions, shuts down after mass account bans  —  Following a WIRED inquiry, Telegram banned thousands of accounts used for crypto scam money laundering, including those of Haowang Guarantee …
Bloomberg:
Docs: Microsoft's recent layoffs of 6,000 workers hit software engineers the hardest, making up 40%+ of the ~2,000 positions cut in its home state of Washington  —  In Microsoft's home state of Washington, software engineering was by far the largest single job category to receive layoff notices …
Wired:
The CFPB cancels its plans to more tightly regulate US data brokers' ability to sell Americans' sensitive info, like financial data, credit history, and SSNs  —  Russell Vought, acting director of the Consumer Financial Protection Bureau, has canceled plans to more tightly regulate the sale of Americans' sensitive personal data.
Sara Salinas / CNBC:
Netflix says its ad-supported tier now has 94M MAUs, up from 70M in November 2024, and reaches more 18- to 34-year-olds than any US broadcast or cable network  —  Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November.
Juli Clover / MacRumors:
Epic submits a new version of Fortnite to the US App Store after pulling the one it submitted on May 9, citing the need to make a weekly update with new content  —  On Friday, Epic Games submitted Fortnite to the U.S. App Store, and since then, we've been waiting to see if Apple would approve …
Reuters:
Xiaomi CEO Lei Jun unveils the XringO1, the company's first self-developed mobile chip, for its high-end devices, coming in late May, without giving any details  —  Chinese smartphone and electric vehicle maker Xiaomi (1810.HK) said on Thursday it would launch a new self developed mobile phone chip, XringO1, in late May.
More: XiaomiTime
Bloomberg:
Analysis: Shein cut the average cost of 98 tracked products in the US by ~13% to $5.56 from a peak of $6.38 on May 7, and sent a price drop alert to US users  —  The average cost of 98 products consistently tracked by Bloomberg News on Shein's website was $5.56 on Wednesday, down about 13% from a May 7 peak of $6.38.
More: Tech in Asia

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:35 AM ET, May 15, 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

Katie Robertson / New York Times:
Bedford Media plans to relaunch Life magazine in November as a print quarterly, following its closure in 2000, and will expand into short-form video and more

Hanaa' Tameez / Nieman Lab:
Vox launches its first app, consolidating text, audio, and video content; vertical videos and podcasts are free but only subscribers can read text stories

Andrew Hutchinson / Social Media Today:
YouTube is testing an option that would enable creators to cash out their Partner Program earnings at $20, rather than the longstanding $100 minimum

More News

Barbara Moens / Financial Times:
The EU provisionally finds that TikTok breached the DSA by failing to offer a publicly searchable ad library, potentially opening the platform up to a fine
Bloomberg:
Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 200%+ to ~$1.7B due to equity investment gains; BABA drops 5%+
Steve Lohr / New York Times:
How Mayo Clinic is using AI to boost efficiency and amplify human abilities in its radiology department, which has an AI team of 40 people and 400+ radiologists
Newley Purnell / Bloomberg:
Meta promotes Benjamin Joe, its longtime VP for Southeast Asia, to VP of Asia Pacific and expands India VP Sandhya Devanathan's role to include Southeast Asia
Kirsten Korosec / TechCrunch:
Austin Russell, the founder and CEO of lidar manufacturer Luminar, resigns following an ethics inquiry and is replaced by former Nuance CEO Paul Ricci
Jeremy Kahn / Fortune:
Samaya AI, which is building AI models to assist financial analysts, raised a $43.5M Series A led by NEA, with participation from Eric Schmidt and others

Earlier Picks

Jagmeet Singh / TechCrunch:
Foxconn receives approval from India's cabinet to build a new $435M semiconductor plant, expected to open in 2027, in a joint venture with IT giant HCL Group
Reed Albergotti / Semafor:
Meta releases the Open Molecules 2025 dataset and the Universal Model for Atoms, a family of AI models, to accelerate the development of new drugs and materials
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