11:35 PM • | Brian Heater / TechCrunch: Researchers say they have unlocked a kind of sperm whale “alphabet” with the aid of machine learning, a breakthrough in understanding cetacean communication |
10:30 PM • | Yoolim Lee / Bloomberg: Coupang reports Q1 revenue up 23% YoY to $7.1B, adjusted EBITDA up 17% YoY to $281M, vs. $283.3M est., and net income down 95% YoY including Farfetch losses |
10:15 PM • | Arsheeya Bajwa / Reuters: iRobot appoints Gary Cohen as its new CEO after Colin Angle resigned in January 2024 and forecasts 2024 revenue with a midpoint of $837.5M, vs. $829.8M expected |
9:55 PM • | André Beganski / Decrypt: Robinhood CEO Vlad Tenev decries a “regulatory onslaught”, calling the SEC's actions “another improper attempt by the administrative state to stifle innovation” |
9:30 PM • | Bryson Masse / VentureBeat: Red Hat announces RHEL AI, a platform for developing and running open source LLMs, and InstructLab, a community project to let experts enhance AI models |
8:50 PM • | Lauren Forristal / TechCrunch: President Biden signs the REPORT Act into law, to levy hefty fines against companies that neglect to report CSAM on their sites to the NCMEC's CyberTipline |
7:55 PM • | Mike Murphy / IBM Research: IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters |
7:45 PM • | Steven Church / Bloomberg: FTX says it will have as much as $16.3B to distribute after finishing selling all of its assets; FTX owes customers and other non-governmental creditors ~$11B |
7:25 PM • | Demetri Sevastopulo / Financial Times: The US revokes some licenses that allow companies to ship chips and other goods to Huawei; sources say the decision affects Intel and Qualcomm |
6:55 PM • | Rachel Metz / Bloomberg: Source: OpenAI is developing a feature for ChatGPT that can search the web and show results with citations to sources and images |
6:40 PM • | Jaspreet Singh / Reuters: Twilio reports Q1 revenue up 4% YoY to $1.05B vs. $1.03B est., 313K+ active customer accounts, and forecasts Q2 revenue below est.; TWLO drops 5%+ |
6:35 PM • | Wesley Yin-Poole / IGN: Memo: Microsoft's Xbox plans to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda's portfolio |
6:10 PM • | Milana Vinn / Reuters: Sources: BigCommerce, provider of software and an e-commerce platform to retailers, is exploring a sale after losing 90% of its market value since its 2020 IPO |
5:45 PM • | Carsten Frauenheim / iFixit News: A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn't require soldering LPDDR chips to the motherboard |
5:15 PM • | Aditya Soni / Reuters: GlobalFoundries reports Q1 revenue down 16% YoY to $1.55B, vs. $1.52B est., net income of $134M, and forecasts Q2 revenue above estimates; GFS closed up 7.1% |
5:05 PM • | Reuters: The US revokes some licenses that allow companies to ship chips and other goods to Huawei |
5:00 PM • | Brendan Sinclair / GamesIndustry.biz: EA reports Q4 revenue down 5% YoY to $1.78B, net income of $182M, net bookings down 14% YoY to $1.67B, and announces a three-year $5B stock buyback |
4:50 PM • | Jaspreet Singh / Reuters: Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations |
4:40 PM • | Natalie Lung / Bloomberg: Lyft reports Q1 revenue up 28% YoY to $1.3B, a $31.5M net loss, gross bookings up 21%, active riders growing at the fastest pace since 2022, up 12% YoY to 21.9M |
4:35 PM • | Ashley Capoot / CNBC: Reddit reports Q1 revenue up 48% YoY to $243M, vs. $212.8M est., net loss of $575.1M, driven by IPO expenses, and DAUq total up 37% to 82.7M; RDDT jumps 15%+ |
4:25 PM • | Sarah Perez / TechCrunch: Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims to add strong guardrails to prevent abuse |
2:55 PM • | Kyle Wiggers / TechCrunch: Amazon launches Bedrock Studio in public preview, a web tool to help orgs experiment with and collaborate on generative AI models and then build AI-powered apps |
1:55 PM • | Zac Hall / 9to5Mac: Apple lowers the price of its 10th-gen iPads by $100 to $349+ and discontinues its 9th-gen iPad, ending the era of iPads with a Home button and a headphone jack |
1:50 PM • | Benjamin Mayo / 9to5Mac: The new iPad Pro drops the ultra-wide camera; 1TB/2TB models get 16GB of RAM and an M4 with a 10-core CPU, 256GB/512GB models get 8GB of RAM and a 9-core CPU |
12:50 PM • | CNBC: Disney reported Disney+ and Hulu had a $47M operating income in Q2, vs. a $587M loss YoY, the first time the streaming services had a combined quarterly profit |
12:30 PM • | Jess Weatherbed / The Verge: Apple previews a new Final Cut Camera mobile app and announces new Logic Pro and Final Cut Pro features, including Live Multicam and external projects on iPad |
12:23 PM • | Julian Chokkattu / Wired: Google unveils the Pixel 8a with a Tensor G3 chip, a 6.1" 120Hz OLED display with up to 2,000 nits brightness, and Gemini Nano access, shipping May 14 for $499+ |
12:07 PM • | New York Times: TikTok sues the US government, arguing the law forcing a sale or a ban violates its US users' First Amendment rights and divestiture is “simply not possible” |
11:45 AM • | Kyle Wiggers / TechCrunch: OpenAI is developing a Media Manager tool, slated for release by 2025, to let content owners identify their works to OpenAI and control how they are used |
11:38 AM • | David Pierce / The Verge: iPad Pro hands-on: its thin design is the first thing you notice; the upgraded Magic Keyboard's body and trackpad are much higher end than in the previous model |
11:10 AM • | Lorenzo Franceschi-Bicchierai / TechCrunch: UK and US authorities identify and charge the leader of the LockBit ransomware gang, a 31-year-old Russian national; the US also issued sanctions against him |
10:45 AM • | Ryan Christoffel / 9to5Mac: Apple debuts Magic Keyboard for the M4 iPad Pro, featuring a larger trackpad and a row of function keys, for $299 for the 11" model and $349 for the 13" model |
10:41 AM • | Ben Lovejoy / 9to5Mac: Apple announces Apple Pencil Pro, featuring a squeeze gesture, haptic feedback, Find My support, and more, available for $129, the same price as the Pencil 2 |
10:34 AM • | The Verge: Apple announces M4, a new chip focused on improving AI-related tasks, featuring up to 4x faster GPU performance than the M2 and 50% faster CPU than M2 |
10:24 AM • | Chris Welch / The Verge: Apple unveils $999+ 11" and $1,299+ 13" iPad Pros, with M4, an OLED Ultra Retina XDR screen, up to 1,600 nits; the 13" is Apple's thinnest product yet, at 5.1mm |
10:13 AM • | Zac Hall / 9to5Mac: Apple announces new $599+ 11" and $799+ 13" iPad Airs, featuring an M2 chip, a landscape front camera, and faster Wi-Fi, available in four colors next week |
10:08 AM • | Ingrid Lunden / TechCrunch: Cloud security startup Wiz raised a $1B Series E co-led by a16z, Lightspeed, and Thrive at a $12B valuation, and plans to expand its business via acquisitions |
10:00 AM • | Apple on YouTube: A recording of Apple's “Let Loose” event |
9:57 AM • | The Verge: A live blog of Apple's “Let Loose” event |
9:50 AM • | Paresh Dave / Wired: Amazon's hexacopter drones, planned for use in Tolleson, Arizona, can't operate when temperatures top 104°F, less than the average summer highs in the city |
9:30 AM • | Katrina Manson / Bloomberg: Microsoft deploys a generative AI model entirely divorced from the internet, saying US intel agencies can now harness the tech to analyze top-secret information |
8:30 AM • | Andrew J. Hawkins / The Verge: Instacart partners with Uber Eats to expand into restaurant takeout, offering deliveries powered by Uber via Instacart's app or website in the coming weeks |
8:15 AM • | Nqobile Dludla / Reuters: Amazon launches its online store in South Africa, offering same-day and next-day delivery and 3,000+ pickup points, challenging local rivals like Takealot.com |
8:05 AM • | Ingrid Lunden / TechCrunch: Akamai agrees to acquire Noname Security, which finds and fixes API vulnerabilities, for ~$450M, closing in Q2 2024; Noname was valued at $1B in December 2021 |
7:55 AM • | Aisha S Gani / Bloomberg: UK banking app Revolut launches Revolut X, a crypto trading service to let “experienced traders” buy and sell 100+ different tokens, with 0% to 0.09% fees |
7:00 AM • | Deepa Seetharaman / Wall Street Journal: OpenAI releases a tool to detect DALL-E 3-created images, claiming 98% accuracy for unaltered images, and joins Microsoft and Adobe's content credentials group |
6:45 AM • | Eva Dou / Washington Post: MITRE, a federally funded, not-for-profit US research organization, plans to build a $20M supercomputer with Nvidia to build AI tools for the federal government |
6:30 AM • | New York Times: Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a ~$150M crypto bribe request, prior to his arrest |
6:15 AM • | Bloomberg: German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive chip demand remains weak |
5:55 AM • | David E. Sanger / New York Times: US and Chinese diplomats plan to meet later in May to find common ground on AI usage and situations where AI should be banned, like controlling nuclear arsenals |
5:35 AM • | Rick Claypool / Public Citizen: OpenSecrets: crypto sector-backed super PACs have raised $102M+ so far, the third-most of 2024 election PACs, including $54M from companies like Coinbase |
4:15 AM • | Kosaku Narioka / Wall Street Journal: Nintendo reports net profit up 13% YoY to ~$3.2B in the past fiscal year and expects net profit to drop 39% YoY and revenue to drop 19% YoY in this fiscal year |
4:09 AM • | Takashi Mochizuki / Bloomberg: Nintendo President Shuntaro Furukawa says the company will announce Switch's successor this fiscal year; Nintendo has sold 141M+ units since Switch's 2017 debut |
2:20 AM • | Associated Press: A look at Campaign Nucleus, an AI company from ex-Trump campaign manager Brad Parscale, who says its AI can generate emails, gauge voter sentiment, and more |
12:55 AM • | Olivia Poh / Bloomberg: Amazon announces plans to double its cloud infrastructure investment in Singapore to $9B over the next four years, to meet the cloud and AI demand |