Techmeme
May 15, 2025, 4:50 PM

Top News

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 …
More: Coinbase, TechCrunch, CNBC, Fortune, The Verge, Android Police, CoinDesk, Decrypt, The Hill, The Block, BleepingComputer, Capital Brief, Protos, Infosecurity, Associated Press, Fast Company, The Hacker News, BBC, SiliconANGLE, Yahoo Finance, Cryptopolitan, CryptoSlate, Hackread, NBC News, PYMNTS.com, The Information, Tom's Guide, Reuters, CoinDesk, Dexerto, Barron's Online, Wall Street Journal, Bitcoin Insider, The Daily Hodl, Crypto Briefing, 9to5Mac, Financial Times, Ledger Insights, ZeroHedge News, Cointelegraph, Cyber Security News, The Record, CoinGape, City A.M., Tom's Hardware, and Metacurity
Bloomberg:
Bloomberg:
Issie Lapowsky / Vanity Fair:
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’.
Wall Street Journal:
Sources: Meta has delayed the rollout of its Behemoth LLM, internally slated for an April release, to fall or later after struggling to improve its capabilities  —  The company's struggle to improve the capabilities of latest AI model mirrors issues at some top AI companies
Zach Vallese / CNBC:
YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart  —  YouTube is solidifying its place in podcasts.  —  The company on Thursday announced the launch of a weekly top podcast shows chart, rivaling those from Spotify and Apple.
New York Times:
Coinbase says it is working with the US SEC to resolve an investigation into whether it misstated its user numbers by reporting 100M+ “verified users” in 2021  —  The inquiry continued even after the commission dropped a lawsuit accusing Coinbase of illegally marketing digital currencies to the public.
Barbara Moens / Financial Times:
The EU provisionally finds that TikTok breached the DSA by failing to offer a publicly searchable ad library, and could fine it up to 6% of its global revenue  —  Ad transparency investigation is one of several ongoing European cases against social media platform
Sarah Perez / TechCrunch:
Threads now lets users add up to five links to their profile bios and rolls out analytics tools to track clicks on profile links and links shared in posts  —  Instagram Threads is taking on Linktree and other “link-in-bio” solutions by introducing a way for creators to use their Threads profile …
Jess Weatherbed / The Verge:
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 …
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 …
ProPublica:
How the US conducted a monthslong campaign to push The Gambia and at least four other developing nations to license Starlink; diplomats call the events alarming  —  The State Department has intervened on behalf of Musk's satellite internet company in five developing nations.
Bloomberg:
Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 279% to ~$1.7B, partly due to its equity investment gains; BABA drops 5%+  —  The company reported sales of 236.5 billion yuan ($32.8 billion) for the March quarter, versus an average estimate of 237.9 billion yuan.
Lauren Forristal / TechCrunch:
YouTube previews new ad formats coming to the platform, including an enhanced shoppable connected TV offering that has an interactive product feed on the right  —  YouTube made its pitch to advertisers on Wednesday, accompanied by a flashy performance from Lady Gaga and special appearances …
Zach Vallese / CNBC:
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, and Tech in Asia
Bluesky: @sal19X: @haydenfield and @openai
Forums: Hacker News and r/technews
Maxwell Zeff / TechCrunch:
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 …

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Steve Lohr / New York Times:
Andy Greenberg / Wired:
Kirsten Korosec / TechCrunch:
Paresh Dave / Wired: