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May 14, 2025, 10:25 AM
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Financial Times:
The US Commerce Department issues guidance stating that “using Huawei Ascend chips anywhere in the world violates US export controls” as they likely use US tech  —  Commerce department guidance aims to toughen export controls on tech used by China to make AI processors
Rebecca Szkutak / TechCrunch:
The US Commerce Department formally rescinds the Biden-era AI Diffusion Rule, which would have limited exports of US-made AI chips and taken effect on May 15
Bloomberg:
Sony reports Q4 revenue down 24% YoY to ~$17.7B, PlayStation 5 units sold in FY 24 down 11% YoY to 18.5M, and expects a ~$700M impact from US tariffs in FY 25  —  Silicon Valley Is Coming for the Pentagon's $1 Trillion Budget  —  The Trump administration wants startups to remake the US military …
Tom Warren / The Verge:
Microsoft extends security updates for Microsoft 365 apps on Windows 10 until October 10, 2028, after previously planning to end support on October 14, 2025  —  Microsoft 365 apps will continue to get security updates on Windows 10 for another three years.
Steven Levy / Wired:
A look at Brian Chesky's efforts to turn Airbnb into a storefront for real-world services, after its “experiences” experiment started in 2016 was unsuccessful  —  CEO Brian Chesky is spending hundreds of millions to relaunch his travel company as an everything app.  Fitness!  Food!
Clare Duffy / CNN:
Airbnb revamps its app to add a Services section featuring personal chefs, trainers, hair stylists, and more; bookings can be made without vacation reservations
Belle Lin / Wall Street Journal:
Databricks agrees to acquire cloud database startup Neon for ~$1B, set to close in Q2 2025; Neon's platform is based on open-source database PostgreSQL  —  The deal is aimed at making it easier for businesses to build artificial intelligence agents with their own data, Databricks CEO says
Tina Nguyen / The Verge:
President Trump's acting leaders for the Copyright Office are hostile to the tech industry and not the kind of people that generative AI proponents would want  —  What initially appeared to be a power play by Elon Musk and the Department of Government Efficiency (DOGE) to take over the US Copyright Office …
Ian King / Bloomberg:
AMD and Humain partner to invest up to $10B on AI infrastructure over the next five years, including in data centers stretching from Saudi Arabia to the US  —  Silicon Valley Is Coming for the Pentagon's $1 Trillion Budget  —  The Trump administration wants startups to remake the US military …
Jessica Lyons / The Register:
The EU's Vulnerability Database project, announced in June 2024, is now fully operational, while the US' NVD struggles with a vulnerability submission backlog  —  EUVD comes into play not a moment too soon  —  The European Vulnerability Database (EUVD) is now fully operational …
Grant Stoner / IGN:
Sources, including former AbleGamers staff, detail abuse, financial mismanagement, and other issues at the nonprofit dedicated to promoting gaming accessibility  —  20 Years after AbleGamers' founding, new reports detail abuse fostered by management, mismanaged funds, and leadership that failed to protect employees.
Jennifer Elias / CNBC:
Google says it started testing an AI Mode button on the Google Search homepage with Labs users over the past week, replacing the I'm Feeling Lucky button  —  Google's stalwart search button has a new neighbor: AI Mode.  —  The artificial intelligence feature is being tested directly beneath …
CNBC:
Neobank Chime files for a Nasdaq IPO under CHYM, reporting active members up 23% YoY to 8.6M at the end of March 2025 and $251 average revenue per active member  —  Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq.  The company intends to file under the ticker symbol “CHYM.”
Samantha Subin / CNBC:
Stock and crypto brokerage eToro prices its IPO at $52 per share, above its expected range of $46 to $50, raising nearly $310M and valuing the company at ~$4.2B  —  EToro, a stock brokerage platform that's been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares …
New York Times:
US SEC filing: GD Culture Group, a struggling China-linked company that has only eight staff, plans to buy $300M in BTC and $TRUMP, creating ethical conflicts  —  The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale …
Arjun Kharpal / CNBC:
Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by its gaming business' growth  —  Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.
Bloomberg:
How Finland's district heating systems are harvesting heat from data centers; Microsoft's project near Helsinki will be the largest of its kind when completed  —  By pairing power-hungry computer processing facilities with district heating systems, Nordic countries are trying to limit their environmental downsides.
More: Tech.eu
The Information:
Sources: TikTok is working on a new feature to let US users share photos over DMs inside the app, and also plans to introduce voice messaging  —  TikTok has been working on a new feature that will allow users in the U.S. to share photos over direct messages inside the app, according to three people with knowledge of the situation.
Lauren Feiner / The Verge:
FTC v. Meta: Meta's lawyer disparaged tech journalists Kara Swisher and Om Malik, calling Malik a “failed blogger”, showing Meta's long-simmering media tensions  —  Meta's lead attorney called a once-prominent tech journalist a “failed blogger.”
Emanuel Maiberg / 404 Media:
House Republicans introduced language to the Budget Reconciliation bill that would ban US states from enforcing any law regulating AI models for 10 years  —  Republicans try to use the Budget Reconciliation bill to stop states from regulating AI entirely for 10 years.

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From Mediagazer

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Associated Press:
A US district court judge agrees to permanently block the Trump administration from implementing an executive order to end federal funding for NPR and PBS

Qassim Abdul-Zahra / Associated Press:
Iraqi officials say a US journalist was kidnapped in Baghdad and security forces are looking for her captors; one outlet identified her as Shelly Kittleson

More News

Earlier Picks

The Guardian:
The UK House of Lords again rebuffs the government's AI plans by adding an amendment to a bill to require AI firms list copyrighted content used to train models
Dominic Preston / The Verge:
Google rebrands Find My Device to Find Hub, which recently added a People tab to track contacts, and adds UWB support to the app for more precise tracking
Mindy Brooks / The Keyword:
Google announces its Material 3 Expressive design update, set to roll out to Android 16 and Wear OS 6 devices, nearly four years after introducing Material You
Bloomberg:
Microsoft says it will lay off 6,000 staff in a bid to cut management layers, including at LinkedIn; Microsoft employed 228K in June 2024 and cut 10,000 in 2023
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