| 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.| Wall Street Journal: |
Sources: Sam Altman and LoveFrom have been working for two years on a new device to move consumers beyond screens, including headphones and devices with cameras — OpenAI to buy Ive's startup in $6.5 billion deal, as Ive and CEO Sam Altman work on new generation of devices and other AI products| New York Times: |
Sources: OpenAI owned a 23% stake in io from a 2024 deal so is now paying ~$5B to fully acquire it; separately, OpenAI's Start-up Fund invested in io last year — Jony Ive, a former top executive at Apple, said that the goal with OpenAI was to create “amazing products that elevate humanity.”| Sharon Goldman / Fortune: |
Google DeepMind says Gemini Diffusion, an experimental text diffusion model demoed at Google I/O and available by waitlist, generates 1,000-2,000 tokens/second — Alphabet CEO Sundar Pichai, at Google I/O 2025 in Mountain View. (Photo courtesy of Google)| Kyle Wiggers / TechCrunch: |
| Sarah Perez / TechCrunch: |
Epic v. Apple: Spotify says its recent update supporting web payments has resulted in “a significant increase in iOS users upgrading to a Premium subscription” — Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales.| Tom Warren / The Verge: |
| Dan Goodin / Ars Technica: |
Signal says it will block by default screenshots of its Windows 11 desktop app due to the privacy risks of Microsoft's Recall; users can enable them in settings — Signal Messenger is warning the users of its Windows Desktop version that the privacy of their messages is under threat by Recall … | Sergiu Gatlan / BleepingComputer: |
Microsoft seizes about 2,300 domains globally to disrupt Lumma's malware-as-a-service operation, after finding over 394K Windows computers infected by Lumma — Earlier this month, a coordinated disruption action targeting the Lumma malware-as-a-service (MaaS) information stealer operation seized thousands … | Bloomberg: |
China threatens legal action against anyone enforcing US restrictions on Huawei's chips, escalating the US-China tech dispute as the two countries hold meetings — US-China tech tensions are flaring again, with Beijing threatening legal action against anyone enforcing Washington's restrictions … | Eleanor Olcott / Financial Times: |
| Milana Vinn / Reuters: |
AT&T agrees to acquire Lumen's consumer fiber business for $5.75B, in an all-cash deal expected to close in H1 2026; LUMN jumps 13%+ after hours — AT&T (T.N) has clinched a deal to acquire Lumen Technologies' (LUMN.N) consumer fiber operations for $5.75 billion in cash … | Tanaya Macheel / CNBC: |
Bitcoin reached a new all-time high, surpassing $110,000 and breaking its January record, after slumping to $74,000 in April — WATCH NOW — Bitcoin rose to a new all-time high on Wednesday, breaking its January record. — The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics.| 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 … | Carl Franzen / VentureBeat: |
OpenAI updates its Responses API for building agentic applications to include remote MCP server support, image generation and Code Interpreter tools, and more — OpenAI is rolling out a set of significant updates to its newish Responses API, aiming to make it easier for developers and enterprises … | Samantha Subin / CNBC: |
CoreWeave announces a $2B debt offering, representing a $500M increase from its initial announcement, and says it was five times oversubscribed; CRWV jumps 19% — CoreWeave shares popped 19% after announcing a $2 billion debt offering. — The renter of artificial intelligence data centers powered … | The Information: |
Amazon plans to sell Nike products directly for the first time since 2019, when Nike stopped selling through Amazon due to lingering counterfeit issues — Six years after Nike stopped selling through Amazon in favor of going direct to customers through its own stores and website, the two companies are getting back together.| Lauren Forristal / TechCrunch: |
Shopify launches new AI tools, including one for setting up storefronts and another for creating elements like banners, and upgrades its AI assistant Sidekick — Shopify is giving its merchants a slew of new AI-powered tools designed to help them enhance the online shopping experience for their customers.| Juby Babu / Reuters: |
Zoom reports Q1 revenue up 3% YoY to $1.17B, in line with expectations, Enterprise revenue up 6% YoY to $704.7M, and raises its FY 2026 forecast above estimates — Zoom Communications (ZM.O) raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration … | Brody Ford / Bloomberg: |
Snowflake reports Q1 product revenue up 26% YoY to $996.8M, vs. $966M est., and forecasts Q2 product revenue above estimates; SNOW jumps 6%+ after hours — Product revenue, which makes up the bulk of Snowflake's business, will increase about 25% to as much as $1.04 billion in the quarter ending in July … | 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| Alfred Ng / Politico: |
Sen. Wyden says AT&T, Verizon, and T-Mobile failed to create systems for notifying about surveillance on Senate-issued devices, despite a requirement to do so — Sen. Ron Wyden (D-Ore.) revealed in a new letter to Senate colleagues Wednesday that AT&T, Verizon and T-Mobile failed … | Margaux Nijkerk / CoinDesk: |
World Network raised $135M in a token sale to a16z and Bain Capital Crypto “to meet increasing demand for Orb-verified World IDs”; WLD jumped 14% on the news — Funds from the venture capital giants will be used for the network's expansion. — What to know:| Jason Leopold / Bloomberg: |
Sources and docs: a “major lapse” at Thoma Bravo's Opexus, which helps US agencies manage investigations and FOIA, let two convicted hackers delete databases — Failures in cybersecurity practices at a software company that helps federal agencies manage investigations … | 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 … | Bloomberg: |
AI model ranking project LMArena spins off from UC Berkeley and raises a $100M seed led by a16z and UC Investments, sources say at a $600M valuation — An effort that began at UC Berkeley as a way to rank AI models has raised $100 million from investors including Andreessen Horowitz.| 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.
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