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Techmeme
May 31, 2025, 3:20 AM
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Dan Primack / Axios:
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more  —  Mary Meeker, the famed internet analyst turned venture capitalist, on Friday published her first Trends report since 2019 — focused on the AI revolution.
Wall Street Journal:
US v. Google: during closing arguments, a judge queried both sides on ideas to limit Google's monopoly in search and said he expects to issue a ruling in August  —  Lawyers began making closing arguments Friday in landmark antitrust case over online search market, future of artificial intelligence
Reuters:
Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts  —  Semiconductor design software firm Synopsys (SNPS.O) has told staff in China to halt services and sales in the country and stop taking …
New York Times:
Sources: Palantir's Foundry is now deployed in at least four federal agencies, after Trump signed an EO calling for the government to share data across agencies  —  Alex Karp, a co-founder and the chief executive of Palantir, at a forum in Washington in April.
Bloomberg:
Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt  —  Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report.
Kate Clark / Bloomberg:
Sources: Abridge, which uses AI to transcribe medical chats, is raising $300M led by a16z at a $5.3B valuation, up from $2.75B in February when it raised $250M  —  The startup is raising $300 million for software that takes notes on conversations with doctors and patients.
Olivia Poh / Bloomberg:
Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year  —  The Chinese social media giant is reducing staff across e-commerce teams including logistics, operations, marketing and warehousing …
More: Tech in Asia
Reed Albergotti / Semafor:
A Replit employee details a critical security flaw in web apps created using AI-powered app builder Lovable that exposes API keys and personal info of app users  —  THE SCOOP  —  Lovable, the popular vibe coding app that describes itself as the fastest-growing company in Europe …

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From Mediagazer

Max Tani / Semafor:
The Daily Mail hires Mike Rothman, most recently president of The Dispatch, as general manager to oversee its North American business and video expansion

Max Tani / Semafor:
The Daily Show faces an uncertain future under Paramount; a source says Paramount has a strong interest in renewing Jon Stewart's deal at the end of 2026

Bloomberg:
A profile of Studio Ghibli, which released its last film over two years ago, as its creative succession remains unresolved; the studio says it is AI agnostic

More News

Sarah Perez / TechCrunch:
Automattic says it will resume contributing to the WordPress project, after announcing a pause in April

Earlier Picks

Dave Lee / Bloomberg:
Meta's Anduril deal shows how much has changed in the past couple of years in Silicon Valley, where developing war tech was once considered a hard red line
New York Times:
Sources: Elon Musk engaged in intense drug use during the 2024 presidential campaign, as he juggled the messy consequences of efforts to produce more babies
Lorenzo Franceschi-Bicchierai / TechCrunch:
The US Treasury sanctions Philippines-based Funnull Technology for allegedly facilitating “pig butchering” crypto scams that stole over $200M from US victims
Aisha Malik / TechCrunch:
YouTube plans to roll out Google Lens integration to Shorts in the coming weeks, allowing users to search for elements within Shorts
Kyle Wiggers / TechCrunch:
Perplexity launches Perplexity Labs, letting users craft reports, spreadsheets, dashboards, and more, available on the web, iOS, and Android for its Pro users
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