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Techmeme
May 21, 2025, 2:45 PM
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Top News

Bloomberg:
OpenAI is buying io, Jony Ive's secretive AI startup, for ~$6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI  —  OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal …
OpenAI:
In a video and letter signed “Sam & Jony”, Altman and Ive announce io, founded last year by Ive, Scott Cannon, Evans Hankey, and Tang Tan to create new products  —  This is an extraordinary moment.  —  Computers are now seeing, thinking and understanding.
Reuters:
Distributed Denial of Secrets: the TeleMessage hacker stole messages from 60+ US government users spanning about one day ending on May 4, including travel plans  —  A hacker who breached the communications service used by former Trump national security adviser Mike Waltz earlier …
Tom Warren / The Verge:
Microsoft files an amicus brief supporting Epic Games' App Store fight and blames Apple for delaying the Xbox mobile gaming store, first announced in May 2024  —  Microsoft has filed support for Epic Games' fight with Apple, as it wants to launch new Xbox mobile improvements.
Chance Miller / 9to5Mac:
Epic Games says Fortnite for iPadOS and iOS is back on the US App Store, and on the Epic Games Store and AltStore in the EU; Apple kicked it off in August 2020  —  After a nearly five-year hiatus, Fortnite is back on the App Store for iPhone and iPad users in the United States.
Eleanor Olcott / Financial Times:
Jensen Huang calls US AI chip export controls “a failure” that spurred Chinese rivals, cutting Nvidia's market share in China from 95% to 50% over four years  —  World's top AI semiconductor maker says export controls have accelerated Chinese rivals' advances
MIT Technology Review:
Analysis: AI's energy consumption is exploding, with data centers' electricity use doubling from 2017 to 2023, accounting for 4.4% of all US energy consumption  —  The emissions from individual AI text, image, and video queries seem small—until you add up what the industry isn't tracking and consider where it's heading next.
William Langley / Financial Times:
Inside China's “stolen iPhone building”: electronics traders in Shenzhen describe how even remotely locked stolen iPhones can be stripped and sold for a profit  —  We track the roaring trade of mobiles grabbed in London and New York, then sold on a single district in Shenzhen
Sergiu Gatlan / BleepingComputer:
Microsoft seizes ~2.3K domains globally to disrupt Lumma's malware-as-a-service operation, after finding 394K+ PCs infected by Lumma  —  Earlier this month, a coordinated disruption action targeting the Lumma malware-as-a-service (MaaS) information stealer operation seized thousands of domains …
Tom Warren / The Verge:
Microsoft's AI security chief accidentally displayed internal Teams messages about Walmart's AI plans, after her Build talk was disrupted by a protest  —  Internal messages were displayed after two former Microsoft employees disrupted a Build session.
Eric Geller / Cybersecurity Dive:
In a joint statement, the US, France, Germany, and eight other countries say Russia has stepped up cyber attacks on firms aiding Ukraine, often via Fancy Bear  —  One of Moscow's most infamous hacker teams is targeting logistics and technology companies supporting Kyiv's war effort.  —  Listen to the article
Casey Newton / Platformer:
Google's I/O keynote was both scary and chill, a fever dream of sizzle reels selling how AI changes everything, even search, and can give users superpowers  —  At its annual developer conference, the company seeks to reassure everyone that AI is for everyday utility — but the great disruption to the web continues
Michael L Hicks / Android Central:
Google's Android XR Gemini-powered prototype glasses hands-on: light, comfortable to wear, the single display in the right lens works well, and Maps is seamless
Kyle Wiggers / TechCrunch:
Mistral partners with All Hands AI to release Devstral, a model to help with coding, in “research preview” under Apache 2.0, and says it outperforms Gemma 3 27B  —  AI startup Mistral on Wednesday announced a new AI model focused on coding: Devstral.
Andrew J. Hawkins / The Verge:
Volvo expands its Google partnership to integrate Gemini across its model lineup, the first automaker to do so, hoping to ease its drivers' “cognitive load”  —  Gemini can ease a driver's “cognitive load” so they can keep their eyes on the road, the automaker says.
CoinDesk:
The US SEC sues Unicoin and its executives, alleging they broke securities laws by raising $100M+ for crypto tokens falsely claimed to be backed by real estate  —  The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges …
Sergiu Gatlan / BleepingComputer:
Maine AG filing: Coinbase says its recent data breach impacted 69,461 individuals; stolen data included government IDs, account info, and personal identifiers  —  Coinbase, a cryptocurrency exchange with over 100 million customers, revealed that a recent data breach in which cybercriminals stole customer …
Andrew Romero / 9to5Google:
AI videos from Google's Veo 3, which features synchronized audio as well as crisper, more detailed video, are both impressive and terrifying  —  If the internet wasn't already full of misinformation and general filler content, Veo 3 is going to take it to an entirely new level.
Kyle Wiggers / TechCrunch:
Google tests bringing ads to AI Mode, both below responses as well as “integrated into” them, and expands ads in AI Overviews to desktop in the US  —  Google on Wednesday detailed its plans to bring ads to AI Mode, the company's AI-powered experience in Google Search.
Laura Onita / Financial Times:
UK retailer M&S says it expects a £300M operating profit hit from an April cyberattack and disruption to continue until July 2025; its market cap is down ~£750M  —  UK retailer discloses that breach came via supplier and warns online operations will be disrupted until July

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From Mediagazer

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

A.J. Katz / The Wrap:
LIV Golf is shutting down after five years and over $5B in Saudi backing, ending its efforts to build a TV audience on Fox and, before that, The CW

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

More News

Earlier Picks

Colin Lecher / The Markup:
New York City's AI tool, launched in 2018 to score families at risk for child abuse using factors like their neighborhood, is raising racial bias concerns
Tobias Mann / The Register:
AMD unveils Zen 5-based Threadripper 9000 CPUs with up to 96 cores, and an RDNA 4-based Radeon AI Pro R9700 workstation GPU, both slated to launch in July 2025
Kevin Collier / NBC News:
Matthew Lane, a 19-year-old from Massachusetts, pleads guilty to hacking two US companies and extorting them for ransoms; a source says one firm is PowerSchool
Emilia David / VentureBeat:
Google rolls out Jules, its asynchronous coding agent unveiled in December 2024, in public beta for free with usage limits and will share pricing after the beta
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