| Meghan Bobrowsky / Wall Street Journal: |
Reddit sues Anthropic, alleging it accessed Reddit 100K+ times after saying it had stopped; Reddit has reached formal licensing deals with OpenAI and Google — The online discussion forum says Anthropic continued to access its site over 100,000 times after saying it stopped| Ivan Mehta / TechCrunch: |
OpenAI rolls out connectors for services like Dropbox and OneDrive for ChatGPT Team, Enterprise, and Edu; MCP support is coming to Pro, Team, and Enterprise — OpenAI's ChatGPT is adding new features for business users, including integrations with different cloud services, meeting recordings … | Hayden Field / The Verge: |
OpenAI says it has 3M “paying business users”, up from 2M in February; ChatGPT Team users can now use a “record mode” for taking notes during meetings — ChatGPT now has 3 million “paying business users” and is adding new features like meeting notes.| Anthony Hughes / Bloomberg: |
Circle priced its upsized IPO at $31 per share, above its marketed range of $27 to $28, raising nearly $1.1B and valuing the company at approximately $6.9B — The firm and backers including co-founder and Chief Executive Officer Jeremy Allaire sold 34 million shares Wednesday for $31 each … | Ashley Belanger / Ars Technica: |
Filing: OpenAI seeks to block a May 13 court order requiring it to preserve all ChatGPT logs, including deleted chats, arguing it poses a risk to users' privacy — OpenAI is now fighting a court order to preserve all ChatGPT user logs—including deleted chats and sensitive chats logged through … | Mike Scarcella / Reuters: |
Epic v. Apple: a US appeals court rejects Apple's request to pause key parts of a federal judge's order requiring it to open the App Store to more competition — Apple (AAPL.O) has failed to persuade a U.S. appeals court to pause key parts of a federal judge's order requiring the iPhone maker … | Ionut Ilascu / BleepingComputer: |
The US DOJ seized ~145 domains and crypto linked to BidenCash, a dark web market that made $17M+ in revenue since 2022 by selling stolen credit cards and more — Earlier today, law enforcement seized multiple domains of BidenCash, the infamous dark web market for stolen credit cards, personal information, and SSH access.| Arjun Kharpal / CNBC: |
Counterpoint revises its 2025 global smartphone shipment growth forecast to 1.9% YoY, down from 4.2%, citing “renewed uncertainties surrounding US tariffs” — Forecasts for Apple and Samsung shipment growth this year were sharply slashed by Counterpoint Research on Wednesday amid uncertainty over U.S. tariff policy.| Emma Roth / The Verge: |
Meta reveals more information about its research glasses Aria Gen 2, including their form factor, computer vision cameras, sensors, and on-device compute — Aria Gen 2 is designed to help ‘shape the next computing platform’ with advanced eye- and hand-tracking capabilities.| Marcus Mendes / 9to5Mac: |
Sources: Apple may announce new features for AirPods at WWDC, including iPhone camera control, new head gestures, and sleep detection for pausing playback — Yesterday, 9to5Mac exclusively preported a handful of iOS 26 features that Apple has been working on and may announce on WWDC for its native apps.| Ryan Lawler / Axios: |
OatFi, whose APIs handle underwriting, origination, and capital deployment for B2B payment providers, raised a $24M Series A led by White Star Capital — OatFi, a startup providing an embedded working capital financing infrastructure, has raised $24 million in Series A funding, CEO Michael Barbosa tells Axios exclusively.| Steven Church / Bloomberg: |
23andMe plans to hold a new auction for its DNA data, opening with a $305M bid led by Anne Wojcicki, after the ex-CEO challenged Regeneron's winning bid in May — Bankrupt genetic analysis company 23andMe will hold a second auction for its cache of DNA data with an opening bid of $305 million … | Annie Palmer / CNBC: |
Amazon is creating an AI team within its Lab126 hardware R&D unit that will help develop an agentic AI framework for use in its robotics operations — Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday.| Connor Hart / Wall Street Journal: |
Filing: CrowdStrike says the DOJ and SEC have requested information about the July 2024 outage caused by an update and about its revenue recognition practices — The agencies in part also are seeking details about the company's revenue-recognition practices, CrowdStrike said| Jason Koebler / 404 Media: |
The IRS open sourced most of its Direct File tax software on GitHub last week, fulfilling a legal requirement under the SHARE IT Act, despite Intuit pressure — The IRS open sourced much of its incredibly popular Direct File software as the future of the free tax filing program is at risk … | Riley Griffin / Bloomberg: |
Meta CTO Andrew Bosworth says the “tides have turned” in Silicon Valley, making it more acceptable for the tech industry to support the US military's efforts — There's long existed a “silent majority” who wanted to pursue defense projects, Bosworth said during an interview … | Kyt Dotson / SiliconANGLE: |
Edinburgh-based Wordsmith, whose AI tools help legal teams automate contract and policy reviews, raised a $25M Series A led by Index Ventures — Wordsmith AI Ltd., an Edinburgh, Scotland-based artificial intelligence platform for in-house teams announced Tuesday it has raised $25 million … | Swathi Moorthy / The Economic Times: |
A former Ola employee says under 10,000 people use Ola Krutrim's LLM chatbot, which supports 10 Indian languages, and that over 60% of them are random testers — Ola founder Aggarwal first announced Krutrim in December 2023, launching an LLM that could support 10 Indian languages … | Malathi Nayak / Bloomberg: |
DoorDash, Uber, and Grubhub agree to settle a 2021 lawsuit against New York City over its pandemic-era 15% cap to commissions and fees charged to restaurants — The meal-delivery services agreed to drop their challenge to the cap once the city makes adjustments to the law and final terms … | Financial Times: |
Singapore's Temasek cuts back on startup investments after the fund wrote down hundreds of millions of dollars on a spate of collapsed startups, including FTX — State-owned $300bn fund says it is adopting a ‘more cautious approach’ on early-stage companies| Matthew Gault / Wired: |
How AI-assisted “vibe hacking”, which often relies on jailbroken versions of mainstream AI models, is leading to a cybersecurity “arms race” — In the very near future, victory will belong to the savvy blackhat hacker who uses AI to generate code at scale.| Financial Times: |
Sources: Apple Intelligence's China rollout with Alibaba is delayed by Chinese regulators amid the US trade war; China approved 300+ domestic AI models so far — Partnership between US and Chinese tech groups stalled by Beijing regulator in wake of geopolitical tensions| Jake Bleiberg / Bloomberg: |
Sources: Chinese hackers breached a US telecom company in the summer of 2023, a year before US officials and cybersecurity firms detected the Salt Typhoon hacks — - Attackers said to lurk in victim systems after summer of 2023 — ‘Demodex’ malware previously used against targets in Asia| Mike Wheatley / SiliconANGLE: |
MongoDB reports Q1 revenue up 22% YoY to $549M, vs. $527.5M est., net loss down 54% to $37.6M, and increases its full-year guidance; MDB up 14%+ — Shares of the database company MongoDB Inc. were flying high in extended trading today after it posted better-than-expected financial results … | Rocket Drew / The Information: |
Source: Amazon is developing software for humanoid robots to deliver packages and is near completion of an indoor “humanoid park” in San Francisco to test them — Amazon is developing software for humanoid robots that could eventually take the jobs of delivery workers … | Wall Street Journal: |
Sources: Meta has talked with Disney, A24, and other companies about exclusive content for a premium VR device it plans to launch next year for less than $1,000 — Tech company has talked with Disney and A24 about exclusive content for a premium VR device — Meta Platforms is courting Hollywood … | Echo Wong / Bloomberg: |
Document: Xiaohongshu, a TikTok alternative known in the US as Rednote, has surged to a $26B valuation based on recent market transactions via a GSR fund — The startup's price tag emerged through a document from GSR Ventures Management Co. vehicle that showed shares of the fund changing hands.| Helen Reid / Reuters: |
Pan-European consumer group BEUC files a complaint with the EC against Shein over its alleged use of “dark patterns”, after targeting Temu in 2024 — Pan-European consumers organisation BEUC filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein …
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