Mary Ann Azevedo / TechCrunch:
CB Insights: fintech startups globally raised a combined $10.3B in Q1, the highest since Q1 2023; 19 US fintech startups have raised over $50M in 2025 so farÿ -ÿ After a sluggish couple of years, fintech appears to be making a comeback.ÿ -ÿ In the first quarter of 2025 ...

http://www.techmeme.com/250425/p15#a250425p15

John Revill / Reuters:
Swiss National Bank says cryptocurrencies failed to meet its currency reserve standards, as a referendum campaign seeks to require SNB to hold bitcoin reservesÿ -ÿ The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards ...

http://www.techmeme.com/250425/p16#a250425p16

Tom Warren / The Verge:
Microsoft makes Recall available to all Copilot+ PCs, along with a new AI-powered Windows search and Click to Do, which works like Google's Circle to Searchÿ -ÿ Microsoft's Click to Do image and text tool is also rolling out today. ... We knew Microsoft was about to launch Recall for real this time ...

http://www.techmeme.com/250425/p17#a250425p17

Newcomer:
Internal presentation by Microsoft's CFO Amy Hood: number of users for Copilot has been flat over the past year with ~20M weekly users, as ChatGPT grew to 400Mÿ -ÿ Mustafa Suleyman hasn't delivered the turnaround he was hired to bringÿ -ÿ At Microsoft's annual executive huddle last month ...

http://www.techmeme.com/250425/p18#a250425p18

Washington Post:
Sources: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt "irreplaceable" goodsÿ -ÿ Levies on certain U.S.-made microchips have been dropped, importers say.ÿ Meanwhile, China denied President Trump's claims that talks to reduce tariffs are happening.

http://www.techmeme.com/250425/p19#a250425p19

Bloomberg:
Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle Eastÿ -ÿ The Chinese startup behind Manus AI secured a round of financing led by US venture firm Benchmark, scoring capital to explore ...

http://www.techmeme.com/250425/p20#a250425p20

Financial Times:
Deliveroo, which listed in London with a œ7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at œ2.7Bÿ -ÿ UK food delivery group valued at œ7.6bn in London listing four years agoÿ -ÿ Deliveroo, the food delivery company ...

http://www.techmeme.com/250425/p21#a250425p21

Lydia Beyoud / Bloomberg:
The US SEC Chairman says the agency has ample authority to oversee digital assets as Congress debates if SEC or the CFTC should be the primary crypto regulatorÿ -ÿ The US Securities and Exchange Commission has "ample room to maneuver" in regulating digital assets even without congressional action, Chairman Paul Atkins said Friday.

http://www.techmeme.com/250425/p22#a250425p22

The Information:
Docs: Scale AI had revenue of $870M in 2024, missing its $1B target, and plans a $150M share sale that values the startup at around $25B, up 80% from a year agoÿ -ÿ Scale AI, the fast-growing data-labeling startup, missed its revenue and profit targets last year, but its investors are undeterred.

http://www.techmeme.com/250425/p23#a250425p23

Hayden Field / CNBC:
Meta and Booz Allen partner to deploy Space Llama, a fine-tuned version of Llama 3.2, for research aboard the International Space Station National Laboratoryÿ -ÿ On Friday, Meta and Booz Allen Hamilton launched "Space Llama."ÿ -ÿ Llama, Meta's open-source artificial intelligence model ...

http://www.techmeme.com/250425/p24#a250425p24

Brody Ford / Bloomberg:
Sources: Microsoft plans to increase the use of third-party firms for selling software to SMBs; in-house sellers will get more training and focus on AI productsÿ -ÿ Chief Commercial Officer Judson Althoff revealed the initiative to employees on Thursday, according to people familiar with the situation.

http://www.techmeme.com/250425/p25#a250425p25

Dan Primack / Axios:
Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and moreÿ -ÿ The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.

http://www.techmeme.com/250425/p26#a250425p26

Juro Osawa / The Information:
Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businessesÿ -ÿ Leaders of the Chinese startup behind the hit artificial intelligence agent Manus have discussed setting up new headquarters outside China ...

http://www.techmeme.com/250425/p27#a250425p27

Gabe Kaminsky / The Free Press:
Leaked letter: interim DC attorney Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt statusÿ -ÿ In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law.ÿ Critics say his tactics are 'grandstanding.'

http://www.techmeme.com/250425/p28#a250425p28

Chris Welch / The Verge:
Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its "unique" heating systemsÿ -ÿ The company is also pulling Nest thermostats out of Europe entirely, citing "unique" heating challenges.

http://www.techmeme.com/250425/p29#a250425p29

Allie Garfinkle / Fortune:
Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024ÿ -ÿ Reducto cofounders Adit Abraham and Raunak Chowdhuri.ÿ -ÿ Reductoÿ -ÿ I've long been fond of Arthur C. Clarke's famous third law ...

http://www.techmeme.com/250425/p30#a250425p30

Lydia Beyoud / Bloomberg:
US SEC Chair Paul Atkins says the agency has ample authority to oversee digital assets as Congress debates if SEC or CFTC should be the primary crypto regulatorÿ -ÿ The US Securities and Exchange Commission has "ample room to maneuver" in regulating digital assets even without congressional action, Chairman Paul Atkins said Friday.

http://www.techmeme.com/250425/p22#a250425p22

Gabe Kaminsky / The Free Press:
Leaked letter: interim US Attorney for DC Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt statusÿ -ÿ In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law.

http://www.techmeme.com/250425/p28#a250425p28

Dario Amodei:
Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacityÿ -ÿ In the decade that I have been working on AI, I've watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world.

http://www.techmeme.com/250425/p31#a250425p31

Bloomberg:
Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120Bÿ -ÿ Elon Musk's XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup ...

http://www.techmeme.com/250425/p32#a250425p32

Washington Post:
Sour;es: China has quietly exempted from tariffs at least eight classifications of US-made microchips, as it seeks to exempt "irreplaceable" goodsÿ -ÿ Levies on certain U.S.-made microchips have been dropped, importers say.ÿ Meanwhile, China denied President Trump's claims that talks to reduce tariffs are happening.

http://www.techmeme.com/250425/p19#a250425p19

Dario Amodei:
Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacityÿ -ÿ In the decade that I have been working on AI, I've watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world.

http://www.techmeme.com/250425/p31#a250425p31

Pete Koomen:
Many AI features, like Gmail's AI assistant, feel useless because they don't allow users to edit system prompts, constraining the AI models they're built withÿ -ÿ I noticed something interesting the other day: I enjoy using AI to build software more than I enjoy using most AI applications-software built with AI.

http://www.techmeme.com/250425/p33#a250425p33

Svea Herbst-Bayliss / Reuters:
Autodesk adds Jeff Epstein and Christie Simons to its board and settles the proxy fight with Starboard Value, which has criticized Autodesk for underperformanceÿ -ÿ Autodesk (ADSK.O) said on Thursday it will add two newcomers to its board and settle one of the year's most high-profile proxy fights ...

http://www.techmeme.com/250425/p34#a250425p34

Stuart Dredge / Music Ally:
Etsy agrees to sell Reverb, an online musical instruments marketplace that it acquired for $275M in 2019, to investors Creator Partners and Servcoÿ -ÿ - Click to email a link to a friend (Opens in new window) Email

http://www.techmeme.com/250426/p1#a250426p1

Margi Murphy / Bloomberg:
A US DOJ official says Tyler Buchanan, a 23-year-old from Scotland, and an alleged Scattered Spider cybercrime group member, was extradited from Spain to the USÿ -ÿ Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Qualityÿ -ÿ Beats' newest exercise headphones are improved, but they face stiffer competition than ever.

http://www.techmeme.com/250426/p2#a250426p2

Yogita Khatri / The Block:
Symbiotic, which is building a "universal staking" platform after starting as a restaking protocol on Ethereum, raised a $29M Series A led by Pantera Capitalÿ -ÿ - Symbiotic has raised $29 million to expand from restaking into a broader "universal staking" platform.

http://www.techmeme.com/250426/p3#a250426p3

Nnaemeka Onyekachi / Nairametrics:
A Nigerian tribunal upholds a $220M fine imposed on Meta in July 2024 for discriminatory and exploitative practices against Nigerian consumersÿ -ÿ Nigeria's Competition and Consumer Protection Tribunal on Friday ordered WhatsApp and Meta Platforms Incorporated to pay a $220 million penalty ...

http://www.techmeme.com/250426/p4#a250426p4

Bloomberg:
NetEase has lost at least three senior executives in recent months, as CEO William Ding pulls back on investments and cuts jobs in a bid to boost profitsÿ -ÿ Simon Zhu, NetEase's president for global investments and partnerships, said he was leaving the Chinese video-game company in a social media post on Friday.

http://www.techmeme.com/250426/p5#a250426p5

Asa Fitch / Wall Street Journal:
IBM has booked $6B in sales around generative AI and Red Hat's revenue has about doubled since IBM bought it, fueling a ~2x jump in IBM's stock since April 2020ÿ -ÿ 'Big Blue' has clawed back into investor favor, but needs to show staying power in AI to cement its comeback

http://www.techmeme.com/250426/p6#a250426p6

Devon Pendleton / Bloomberg:
A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdingsÿ -ÿ The flamboyant Saudi billionaire investor is back in the spotlight, emboldened by Donald Trump's return to the White House.

http://www.techmeme.com/250426/p7#a250426p7

Wall Street Journal:
Docs and sources detail the opaque market for shares of Elon Musk's private companies; Valor recently offered investors $1B worth of shares in SpaceX and xAIÿ -ÿ Lucrative stock deals have allowed SpaceX to avoid public scrutiny even as it has grown into one of the largest companies in the U.S.

http://www.techmeme.com/250426/p8#a250426p8

Pete Koomen:
Many AI features, like Gmail's AI assistant, feel useless because they don't allow users to edit system prompts, constraining the AI models they're built withÿ -ÿ I noticed something interesting the other day: I enjoy using AI to build software more than I enjoy using most AI applications-software built with AI.

http://www.techmeme.com/250425/p33#a250425p33

Gregory Barber / MIT Technology Review:
A look at efforts by Apple and others to become carbon neutral by investing in eucalyptus farms in Brazil's Cerrado region, amid skepticism from some ecologistsÿ -ÿ We were losing the light, and still about 20 kilometers from the main road, when the car shuddered and died at the edge of a strange forest.

http://www.techmeme.com/250426/p9#a250426p9

Alex Heath / The Verge:
Q&A with Perplexity CEO Aravind Srinivas on Motorola partnership, Perplexity's upcoming browser Comet, TikTok bid, ChatGPT's scale, Google's DOJ trial, and moreÿ -ÿ Aravind Srinivas discusses his partnership with Motorola, fighting Google, and why AI assistants are coming for browsers.

http://www.techmeme.com/250426/p10#a250426p10

Leah Nylen / Bloomberg:
US v. Google: Chrome General Manager Parisa Tabriz testified that only Google can run Chrome, given the browser's "interdependencies" on other parts of Googleÿ -ÿ Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today ...

http://www.techmeme.com/250426/p11#a250426p11

The Information:
a16z, which owns ~20% of Deel, a stake worth $2.5B+, is advising Deel in fighting Rippling, whose CEO Parker Conrad said a16z pushed him out of Zenefits in 2016ÿ -ÿ Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between ...

http://www.techmeme.com/250426/p12#a250426p12

Financial Times:
Sources: ~300 London-based DeepMind staff sought to unionize with the CWU in recent weeks, to challenge AI sales to defense groups and Google's ties to Israelÿ -ÿ Move by employees at Google's AI arm follows discontent after weapons and surveillance pledge is dropped

http://www.techmeme.com/250426/p13#a250426p13

Simon Willison / Simon Willison's Weblog:
Watching OpenAI's o3 guess a photo's location feels surreal, dystopian, and entertaining, including running Python code to examine details like license platesÿ -ÿ Watching OpenAI's new o3 model guess where a photo was taken is one of those moments where decades of science fiction suddenly come to life.

http://www.techmeme.com/250426/p14#a250426p14

Francisco Rodrigues / CoinDesk:
Stripe plans to test a stablecoin payments product aimed at companies outside the US, the UK, and the EU, using tech from Bridge, which Stripe acquired recentlyÿ -ÿ Stripe CEO Patrick Collison said a stablecoin tool for companies outside US, UK and EU is ready for testing.ÿ -ÿ What to know:

http://www.techmeme.com/250426/p15#a250426p15

Leah Nylen / Bloomberg:
US v. Google: Chrome GM testified that other companies can not develop Chrome effectively, given the browser's "interdependencies" on other parts of Googleÿ -ÿ Google is the only company that can offer the level of features and functionality that its popular Chrome web browser has today ...

http://www.techmeme.com/250426/p11#a250426p11

Simon Willison / Simon Willison's Weblog:
Watching OpenAI's o3 guess a photo's location, including the model running Python code to examine license plates, is surreal, dystopian, and entertainingÿ -ÿ Watching OpenAI's new o3 model guess where a photo was taken is one of those moments where decades of science fiction suddenly come to life.

http://www.techmeme.com/250426/p14#a250426p14

Luz Ding / Bloomberg:
At a major Hong Kong electronics exhibition, some Chinese companies say they are exploring ways to lower or skirt tariffs while others plan to wait them outÿ -ÿ Tech Across the Globe ... Tan is cutting jobs, reducing management layers and trying to energize the once-mighty company's culture.

http://www.techmeme.com/250426/p16#a250426p16

Isabelle Bousquette / Wall Street Journal:
Prompt engineering roles, one of the buzziest jobs in 2023, become obsolete as AI models better intuit user intent and companies train staff in writing promptsÿ -ÿ Prompt engineering, a role aimed at crafting the perfect input to send to a large language model, was poised to become one of the hottest jobs in artificial intelligence.

http://www.techmeme.com/250426/p17#a250426p17

Sidhartha Shukla / Bloomberg:
Bitcoin miners' earnings power and stocks have diverged from the asset they help produce, as the hashrate languishes amid technical and macroeconomic headwindsÿ -ÿ Bitcoin miners' earnings power and stocks have diverged from the asset they help produce, a stark reminder of the deteriorating economics ...

http://www.techmeme.com/250426/p18#a250426p18

Jeff Horwitz / Wall Street Journal:
Test conversations with some Meta AI digital companions, including celebrity-voiced ones, show them engaging in sexual chats even when users identify as minorsÿ -ÿ Chatbots on Instagram, Facebook and WhatsApp are empowered to engage in 'romantic role-play' that can turn explicit.

http://www.techmeme.com/250426/p19#a250426p19

Owen Carry / Know Your Meme:
4chan is back online after being down for 10 days, following a hack that leaked the emails of its lead administrators, known as "janitors"ÿ -ÿ 4chan is officially back online today.ÿ -ÿ The imageboard site had been down for 10 days, ever since a hack that restored its /QA/ board ...

http://www.techmeme.com/250427/p1#a250427p1

Coco Feng / South China Morning Post:
Filing: China's leading flash memory chipmaker YMTC raised ~$219M from Hebei Yangyuan Zhihui Beverage Co. at a ~$22.1B valuation in December 2023ÿ -ÿ The deal was signed in December 2023 but was only announced on Friday as it 'involved commercial secrets', Yangyuan said

http://www.techmeme.com/250427/p2#a250427p2

Owen Carry / Know Your Meme:
4chan is back online after being down for 10 days, following a hack that leaked the emails of its lead administrators called "janitors"ÿ -ÿ 4chan is officially back online today.ÿ -ÿ The imageboard site had been down for 10 days, ever since a hack that restored its /QA/ board ...

http://www.techmeme.com/250427/p1#a250427p1

Erin Brodwin / Axios:
NYC-based Healthee, whose AI assistant Zoe lets its clients' workers navigate health insurance and benefits options, raised a $50M Series B led by Key1 Capitalÿ -ÿ Health benefits navigation startup Healthee raised $50 million in Series B funds led by Key1 Capital.

http://www.techmeme.com/250427/p3#a250427p3

Kate Park / TechCrunch:
Alpaca, which offers APIs for financial firms to connect and trade in US stocks, raised a $52M Series C to expand into the Middle East, Europe, and Asiaÿ -ÿ For all the turmoil these days, the U.S. stock market remains extremely attractive to investors around the world, simply because of its sheer size and liquidity.

http://www.techmeme.com/250427/p4#a250427p4

Ryan Lawler / Axios:
Salsa, which provides APIs and UI components that let vertical SaaS platforms offer payroll as a feature to their customers, raised a $20M Series A led by Altosÿ -ÿ Salsa, a startup providing embedded payroll infrastructure to vertical SaaS platforms, raised $20 million in Series A funding, CEO John Kramer tells Axios exclusively.

http://www.techmeme.com/250427/p5#a250427p5

Ryan Naraine / SecurityWeek:
Tel Aviv-based Sentra, whose cloud data security software now includes controls aimed at keeping AI prompts free from restricted data, raised a $50M Series Bÿ -ÿ Sentra has now raised north of $100 million for controls technology to keep sensitive data out of misconfigured AI workflows.

http://www.techmeme.com/250427/p6#a250427p6

Financial Times:
Trump's tariffs could slow robot adoption in the US, as buyer demand weakens and supplies of key components like magnets and actuators are disruptedÿ -ÿ Depressed buyers and global supply chains could delay the adoption of futuristic technologyÿ -ÿ Elon Musk, facing disarray in his corporate ...

http://www.techmeme.com/250427/p7#a250427p7

Furquan Ameen / Rest of World:
Experts say that India lags behind China in deep tech innovation due to its historical focus on services, lower R&D investment, and a brain drain of AI talentÿ -ÿ India's government urges the private sector to take the lead in tech innovation, while industry experts say it's complicated.

http://www.techmeme.com/250427/p8#a250427p8

Ryan Naraine / SecurityWeek:
Tel Aviv-based Sentra, whose cloud data security software now includes controls aimed at keeping AI prompts free from restricted data, raised a $50M Series Bÿ -ÿ Sentra has now raised north of $100 million for controls technology to keep sensitive data out of misconfigured AI workflows.

http://www.techmeme.com/250427/p6#a250427p6

Prachi Verma / The Economic Times:
India faces a shortage of agentic AI professionals, with executives estimating fewer than 100,000 available against a projected need of 200,000 by 2026ÿ -ÿ India is grappling with a critical shortage of agentic AI professionals as demand surges, driven by the shift towards sophisticated AI agents capable of autonomous decision-making.

http://www.techmeme.com/250427/p9#a250427p9

Furquan Ameen / Rest of World:
Experts say that India is behind China in deep tech innovation due to its historical focus on services, lower R&D investment, and a brain drain of AI talentÿ -ÿ India's government urges the private sector to take the lead in tech innovation, while industry experts say it's complicated.

http://www.techmeme.com/250427/p8#a250427p8

Prachi Verma / The Economic Times:
India faces a shortage of agentic AI professionals, with executives estimating fewer than 100K in the country while demand is projected to hit ~200K by 2026ÿ -ÿ India is grappling with a critical shortage of agentic AI professionals as demand surges, driven by the shift towards sophisticated AI agents capable ...

http://www.techmeme.com/250427/p9#a250427p9

Matt Levine / Bloomberg:
A look at the rise of "pure play" bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself isÿ -ÿ Twenty One, Trumpcoin dinner, KKR empathy, carry on co-investments and quantitative analysis of hockey.ÿ -ÿ Project Mystery

http://www.techmeme.com/250427/p10#a250427p10

Isabelle Bousquette / Wall Street Journal:
Prompt engineering, one of the buzziest jobs in 2023, becomes obsolete as AI models better intuit user intent and companies train staff on how to write promptsÿ -ÿ Prompt engineering, a role aimed at crafting the perfect input to send to a large language model, was poised to become one of the hottest jobs in artificial intelligence.

http://www.techmeme.com/250426/p17#a250426p17

Owen Carry / Know Your Meme:
4chan is back online after being down for 10 days, following a hack on April 14 that led to emails of its lead administrators, called "janitors", being leakedÿ -ÿ 4chan is officially back online today.ÿ -ÿ The imageboard site had been down for 10 days, ever since a hack ...

http://www.techmeme.com/250427/p1#a250427p1

Financial Times:
Trump's tariffs could slow robot adoption in the US, as demand weakens and supplies of components from China, like magnets and precision bearings, are disruptedÿ -ÿ Depressed buyers and global supply chains could delay the adoption of futuristic technologyÿ -ÿ Elon Musk, facing disarray ...

http://www.techmeme.com/250427/p7#a250427p7

Wall Street Journal:
Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100ÿ -ÿ Superpower rivalry over semiconductors heats up despite Washington's attempts to block Beijing

http://www.techmeme.com/250427/p11#a250427p11

Luz Ding / Bloomberg:
At a major Hong Kong electronics exhibition, some Chinese companies say they are exploring ways to lower or skirt tariffs while others plan to wait for clarityÿ -ÿ Tech Across the Globe ... Tan is cutting jobs, reducing management layers and trying to energize the once-mighty company's culture.

http://www.techmeme.com/250426/p16#a250426p16

Kate Park / TechCrunch:
Alpaca, which offers APIs to 200+ financial firms to help their clients trade US stocks, raised a $52M Series C to expand in the Middle East, Europe, and Asiaÿ -ÿ For all the turmoil these days, the U.S. stock market remains extremely attractive to investors around the world, simply because of its sheer size and liquidity.

http://www.techmeme.com/250427/p4#a250427p4

Wall Street Journal:
Sources: Huawei has approached some clients about testing the technical feasibility of the Ascend 910D, its newest AI chip that it hopes will beat Nvidia's H100ÿ -ÿ Superpower rivalry over semiconductors heats up despite Washington's attempts to block Beijing

http://www.techmeme.com/250427/p11#a250427p11

Wall Street Journal:
Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024ÿ -ÿ Companies seek to capitalize on lighter regulation, growing mainstream interestÿ -ÿ President Trump's embrace of digital currencies ...

http://www.techmeme.com/250427/p12#a250427p12

Mark Gurman / Bloomberg:
While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains doubtfulÿ -ÿ Apple has begun breaking up its AI and machine learning organization by moving pieces to other parts of the company.

http://www.techmeme.com/250427/p13#a250427p13

Manish Singh / India Dispatch:
Analysis: Meesho accounts for about 37% of India's e-commerce orders, but only 8%-9% of the sector's total value due to the small average transaction sizeÿ -ÿ A $4.5 sari reveals the ruthless arithmetic behind Meesho's assault on India's e-commerce hierarchy

http://www.techmeme.com/250427/p14#a250427p14

Anjli Raval / Financial Times:
A profile of Darktrace CEO Jill Popelka, who joined the British cyber security firm in Jan. 2024 and was at the helm when it was bought by Thoma Bravo for œ4.3Bÿ -ÿ Jill Popelka has tried to strengthen the cyber company's operations and cast off the shadow of early backer Mike Lynch

http://www.techmeme.com/250427/p15#a250427p15

CBS Mornings on YouTube:
Geoffrey Hinton fears AI firms are under-investing in safety research, embracing military usage, and sharing model weights while pushing for less regulationÿ -ÿ Nobel laureate Geoffrey Hinton, often called a "godfather of artificial intelligence," spoke with Brook Silva-Braga at the Toronto offices ...

http://www.techmeme.com/250427/p16#a250427p16

CBS Mornings on YouTube:
Geoffrey Hinton fears AI companies are under-investing in safety research, embracing military usage, and sharing model weights while pushing for less regulationÿ -ÿ Nobel laureate Geoffrey Hinton, often called a "godfather of artificial intelligence," spoke with Brook Silva-Braga ...

http://www.techmeme.com/250427/p16#a250427p16

Samm Sacks / Bloomberg:
Huawei's recovery shows the limits of US policies aimed at restricting China, and how those policies can backfire, spurring Chinese firms to innovate and growÿ -ÿ The US banned Huawei.ÿ Now it's a bigger threat than ever.ÿ -ÿ In May 2019, the US Department of Commerce added China's Huawei Technologies Co ...

http://www.techmeme.com/250427/p17#a250427p17

Ben Smith / Semafor:
A look at the sprawling network of group chats that began in 2020 as a place for SV leaders to talk candidly, with Marc Andreessen playing a central roleÿ -ÿ THE SCOOPÿ -ÿ Last Thursday morning, a bit before 10 am in Austin and nearly 11 pm in Singapore, Joe Lonsdale had enough of Balaji Srinivasan's views on China.

http://www.techmeme.com/250427/p18#a250427p18

Ben Smith / Semafor:
A look at the sprawling network of group chats that surged in 2020 as a place for SV leaders to talk candidly, with Marc Andreessen playing a central roleÿ -ÿ THE SCOOPÿ -ÿ Last Thursday morning, a bit before 10 am in Austin and nearly 11 pm in Singapore, Joe Lonsdale had enough of Balaji Srinivasan's views on China.

http://www.techmeme.com/250427/p18#a250427p18

Owen Walker / Financial Times:
A look at Interpol's innovation lab in Singapore for studying cybercrime, digital piracy, and more, and developing new techniques for bringing down criminalsÿ -ÿ On the front line of the escalating global arms race between police and criminalsÿ -ÿ A fleet of underwater drones ...

http://www.techmeme.com/250427/p19#a250427p19

Andrea Jim‚nez / Washington Post:
How ;I tools like Autistic Translator and Goblin Tools are helping those with autism and other neurodiverse people understand social situationsÿ -ÿ For people living with autism, experiencing awkward or confusing social interactions can be a common occurrence.

http://www.techmeme.com/250428/p1#a250428p1

Manish Singh / India Dispatch:
Analysis: Meesho accounts for ~37% of India's e-commerce orders, but only 8% to 9% of the sector's total value due to the small average transaction sizeÿ -ÿ A $4.5 sari reveals the ruthless arithmetic behind Meesho's assault on India's e-commerce hierarchyÿ -ÿ At just $4.5, a modest sari sold ...

http://www.techmeme.com/250427/p14#a250427p14

Anjli Raval / Financial Times:
A profile of Darktrace CEO Jill Popelka, who joined the British cyber security company in January 2024 and was at the helm when Thoma Bravo bought it for œ4.3Bÿ -ÿ Jill Popelka has tried to strengthen the cyber company's operations and cast off the shadow of early backer Mike Lynch

http://www.techmeme.com/250427/p15#a250427p15

Ben Smith / Semafor:
A look at the sprawling group chat network that surged in 2020 as a place for Silicon Valley leaders to talk candidly, with Marc Andreessen playing a key roleÿ -ÿ THE SCOOPÿ -ÿ Last Thursday morning, a bit before 10 am in Austin and nearly 11 pm in Singapore, Joe Lonsdale had enough of Balaji Srinivasan's views on China.

http://www.techmeme.com/250427/p18#a250427p18

Nicole Nguyen / Wall Street Journal:
While Big Tech is largely spared from tariffs, small companies making devices like baby monitors face price hikes, shortages, and degrading product qualityÿ -ÿ Big Tech was spared.ÿ Small Tech is looking for ways to survive.ÿ -ÿ It's a brave new world for makers of high-tech stuff.

http://www.techmeme.com/250428/p2#a250428p2

David Heinemeier Hansson / HEY:
Google Chrome won the browser wars fair and square, and the web will be worse off if Google is forced to sell it, even to atone for ad market monopoly abusesÿ -ÿ The web will be far worse off if Google is forced to sell Chrome, even if it's to atone for legitimate ad-market monopoly abuses.

http://www.techmeme.com/250428/p3#a250428p3

Anna Nicolaou / Financial Times:
Music creation startup Splice buys London-based orchestral sound studio Spitfire Audio, a source says for ~$50M; sources say Splice has $100M+ in annual revenueÿ -ÿ Music samples group Splice agrees deal to acquire London-based Spitfire Audio for its library of orchestral sounds

http://www.techmeme.com/250428/p4#a250428p4

Financial Times:
A deep dive on Apple's iPhone manufacturing process, including 2,700 parts from 187 suppliers in 28 countries; just 30 suppliers have no presence in Chinaÿ -ÿ The administration wants the iPhone to be manufactured in America.ÿ The components that power it show why that is highly impractical

http://www.techmeme.com/250428/p5#a250428p5

Yazhou Sun / Bloomberg:
German defense startup ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in Englandÿ -ÿ ARX Robotics, a German defense startup backed by NATO's technology fund, has raised venture capital funding for the second ...

http://www.techmeme.com/250428/p6#a250428p6

Mark Gurman / Bloomberg:
While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains unlikelyÿ -ÿ Apple has begun breaking up its AI and machine learning organization by moving pieces to other parts of the company.

http://www.techmeme.com/250427/p13#a250427p13

Ben Smith / Semafor:
A look at the network of group chats that surged in 2020 as a place where Silicon Valley leaders allied with the new right, revolving around Marc Andreessenÿ -ÿ THE SCOOPÿ -ÿ Last Thursday morning, a bit before 10 am in Austin and nearly 11 pm in Singapore, Joe Lonsdale had enough of Balaji Srinivasan's views on China.

http://www.techmeme.com/250427/p18#a250427p18

Nicole Nguyen / Wall Street Journal:
While Big Tech was spared from tariffs, for now, Small Tech making devices like baby monitors faces price hikes, stock shortages, and degrading product qualityÿ -ÿ Big Tech was spared.ÿ Small Tech is looking for ways to survive.ÿ -ÿ It's a brave new world for makers of high-tech stuff.

http://www.techmeme.com/250428/p2#a250428p2

David Heinemeier Hansson / HEY:
Google won the browser wars fair and square, and the web will be far worse off if Google is forced to sell Chrome, even to atone for ad market monopoly abusesÿ -ÿ The web will be far worse off if Google is forced to sell Chrome, even if it's to atone for legitimate ad-market monopoly abuses.

http://www.techmeme.com/250428/p3#a250428p3

Financial Times:
A deep dive into Apple's iPhone manufacturing process, which uses ~2,700 parts from 187 suppliers in 28 countries; just 30 suppliers have no presence in Chinaÿ -ÿ The administration wants the iPhone to be manufactured in America.ÿ The components that power it show why that is highly impractical

http://www.techmeme.com/250428/p5#a250428p5

Yazhou Sun / Bloomberg:
Munich-based ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in southwest Englandÿ -ÿ ARX Robotics, a German defense startup backed by NATO's technology fund, has raised venture capital funding for the second ...

http://www.techmeme.com/250428/p6#a250428p6

Jessica Testa / New York Times:
Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator program based on Premium subscribers' video engagementÿ -ÿ The audio platform has branched out to video and has given its podcasters a raise as the war for creator talent heats up.

http://www.techmeme.com/250428/p7#a250428p7

Dylan Patel / SemiAnalysis:
A look at Microsoft freezing ~1.5GW of data centers set for 2025 and 2026; Microsoft has walked away from significantly more than 2GW of non-binding contractsÿ -ÿ Over the last few months, there have been a number of headlines raising concerns about Microsoft's reduction ...

http://www.techmeme.com/250428/p8#a250428p8

Andrea Jim‚nez / Washington Post:
How ;I tools like Autistic Translator and Goblin Tools are helping neurodiverse people better understand social situations, as some worry about overrelianceÿ -ÿ For people living with autism, experiencing awkward or confusing social interactions can be a common occurrence.

http://www.techmeme.com/250428/p1#a250428p1

Yazhou Sun / Bloomberg:
Munich-based ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in southwest Englandÿ -ÿ Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Qualityÿ -ÿ Beats' newest exercise headphones are improved ...

http://www.techmeme.com/250428/p6#a250428p6

Tage Kene-Okafor / TechCrunch:
Lagos-based OmniRetail, which digitizes order management for manufacturers, distributors, and others, raised a $20M Series A, taking its total funding to $38Mÿ -ÿ When Deepankar Rustagi last raised money for OmniRetail in 2022, excitement was high for African startups addressing the supply chain ...

http://www.techmeme.com/250428/p9#a250428p9

Brody Ford / Bloomberg:
IBM plans to invest $150B in the US over the next five years, including in R&D, to fuel the economy and "accelerate its role as the global leader in computing"ÿ -ÿ IBM plans to invest $150 billion in the US over the next five years, including funds for research and development ...

http://www.techmeme.com/250428/p10#a250428p10

Ingrid Lunden / TechCrunch:
Tel Aviv-based Lightrun, an observability platform that uses AI to identify and debug code in production, raised a $70M Series B co-led by Accel and Insightÿ -ÿ AI-based coding has exploded in popularity on the promise that it will make developers' jobs faster and easier.

http://www.techmeme.com/250428/p11#a250428p11

The Citizen Lab:
In March 2025, World Uyghur Congress members were targeted with a spearphishing campaign via Windows malware in a legitimate Uyghur language word processorÿ -ÿ Key Findingsÿ - In March 2025, senior members of the World Uyghur Congress (WUC) living in exile were targeted ...

http://www.techmeme.com/250428/p12#a250428p12

Emanuel Maiberg / 404 Media:
Kickstarter introduces a "Tariff Manager tool" that lets creators add extra charges for backers on projects that were already fully fundedÿ -ÿ Kickstarter projects have the option of asking backers for more money in order to manage the costs of Trump's tariffs.

http://www.techmeme.com/250428/p13#a250428p13

Taylor Soper / GeekWire:
Palo Alto Networks says it aims to acquire Seattle-based Protect AI, sources say for $500M; Protect AI's $60M Series B in 2024 was at a reported $400M valuationÿ -ÿ Cybersecurity giant Palo Alto Networks plans to acquire Protect AI, a Seattle startup founded in 2022 that helps companies monitor ...

http://www.techmeme.com/250428/p14#a250428p14

Jason Koebler / 404 Media:
Researchers say bots on Reddit posing as rape victims and more were effective at changing minds in 1K+ posts, in an unauthorized AI persuasion experimentÿ -ÿ The researchers' bots generated identities as a sexual assault survivor, a trauma counselor, and a Black man opposed to Black Lives Matter.

http://www.techmeme.com/250428/p15#a250428p15

Jason Koebler / 404 Media:
Researchers say bots on Reddit posing as rape victims and more were effective at changing minds in 1K+ posts, in an unauthorized AI persuasion experimentÿ -ÿ A team of researchers who say they are from the University of Zurich ran an "unauthorized," large-scale experiment ...

http://www.techmeme.com/250428/p15#a250428p15

CNBC:
Temu adds "import charges" of between 130% and 150% "due to recent changes in global trade rules and tariffs"; Shein also hikes prices but without explicit feesÿ -ÿ Chinese e-tailer Temu has started adding "import charges" of about 145% in response to President Donald Trump's tariffs.

http://www.techmeme.com/250428/p16#a250428p16

Jason Koebler / 404 Media:
Researchers say bots on Reddit posing as rape victims and more were effective at changing minds in over 1,000 posts, in an unauthorized AI persuasion experimentÿ -ÿ A team of researchers who say they are from the University of Zurich ran an "unauthorized," large-scale experiment ...

http://www.techmeme.com/250428/p15#a250428p15

Nilay Patel / The Verge:
Q&A with Alvaro Bedoya and Rebecca Slaughter who Trump fired, likely illegally, as FTC commissioners, on Meta, fighting for privacy, and bribes in the USÿ -ÿ Today, we have something special for you: A few days ago, I hosted a panel with FTC commissioners Rebecca Slaughter and Alvaro Bedoya ...

http://www.techmeme.com/250428/p17#a250428p17

Ingrid Lunden / TechCrunch:
Israeli startup Lightrun, an observability service that finds runtime issues and helps debug production code, raised a $70M Series B co-led by Accel and Insightÿ -ÿ AI-based coding has exploded in popularity on the promise that it will make developers' jobs faster and easier.

http://www.techmeme.com/250428/p11#a250428p11

Sharon Goldman / Fortune:
P-1 AI, which is developing an AI-powered engineering agent and hopes AI can eventually design complex machines, emerges from stealth with $23M in seed fundingÿ -ÿ P-1 AI founders Paul Eremenko (left), Aleksa Gordic (center), and Adam Nagel (right).ÿ -ÿ Courtesy of P-1 AI

http://www.techmeme.com/250428/p18#a250428p18

Reece Rogers / Wired:
OpenAI announces that it will start showing product recommendations in ChatGPT, even for logged-out users, with buy buttons that link to merchants' sitesÿ -ÿ OpenAI is launching a shopping experience inside of ChatGPT, complete with product picks and buy buttons.

http://www.techmeme.com/250428/p19#a250428p19

Zvi Mowshowitz / Don't Worry About the Vase:
A deep dive on GPT-4o's tendency to give sycophantic responses, an issue Sam Altman promised to fix and that may be caused by OpenAI optimizing for engagementÿ -ÿ GPT-4o tells you what it thinks you want to hear.ÿ -ÿ The results of this were rather ugly.ÿ You get extreme sycophancy.ÿ Absurd praise.

http://www.techmeme.com/250428/p20#a250428p20

Prakhar Khanna / ZDNET:
Nothing announces the $279 CMF Phone 2 Pro, with a 6.77" 120Hz AMOLED display and three rear cameras, including a 50MP telephoto lens, plus three new earbudsÿ -ÿ Nothing's affordable sub-brand, CMF, has announced a new phone alongside a trio of earbuds.ÿ The CMF Phone 2 Pro ...

http://www.techmeme.com/250428/p21#a250428p21

Brody Ford / Bloomberg:
IBM plans to invest $150B in the US over the next five years, including in R&D, to fuel the economy and "accelerate its role as the global leader in computing"ÿ -ÿ Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Qualityÿ -ÿ Beats' newest exercise headphones ...

http://www.techmeme.com/250428/p10#a250428p10

Jonathan Vanian / CNBC:
NXP says CEO Kurt Sievers will retire at 2025's end, names Rafael Sotomayor as president, reports Q1 revenue down 9% YoY to $2.84B; NXPI drops 7%+ after hoursÿ -ÿ NXP Semiconductor Inc. fell about 8% on Monday after the chip company announced that CEO Kurt Sievers will step down as part of its latest earnings.

http://www.techmeme.com/250428/p23#a250428p23

Maxwell Zeff / TechCrunch:
OpenAI says users made over a billion web searches in ChatGPT last week and that WhatsApp users can now message 1-800-ChatGPT to get up-to-date search resultsÿ -ÿ OpenAI is updating ChatGPT search, its web search tool in ChatGPT, to give users an improved online shopping experience, the company announced Monday.

http://www.techmeme.com/250428/p22#a250428p22

Michael Lipka / Pew Research Center:
Around 50% of US adults say AI will have a negative impact on news over the next 20 years; 10% say a positive effect; 59% say AI will lead to fewer journalistsÿ -ÿ Artificial intelligence is already affecting the way news is produced and received in the United States.

http://www.techmeme.com/250428/p24#a250428p24

Alexander Saeedy / Wall Street Journal:
Sources: a group of Wall Street banks has sold the final $1.2B of X debt at 98 cents on the dollar, after lending $13B for Musk's takeover of Twitter in 2022ÿ -ÿ The loans sat on banks' books for 2« years until Donald Trump's election rapidly changed company's fortunes

http://www.techmeme.com/250428/p25#a250428p25

Kyle Wiggers / TechCrunch:
Alibaba unveils the Qwen3 family of open-weight "hybrid" AI reasoning models, including Qwen3-235B-A22B, with 235B total parameters and 22B activated parametersÿ -ÿ Chinese tech company Alibaba on Monday released Qwen 3, a family of AI models the company claims matches ...

http://www.techmeme.com/250428/p26#a250428p26

Jiahui Huang / Wall Street Journal:
China's Pony.ai says it can now build its most advanced autonomous driving system at 70% lower cost and plans to start mass production of robotaxis in mid-2025ÿ -ÿ It can now build its most advanced autonomous driving system for 70% less than before, the company said

http://www.techmeme.com/250428/p27#a250428p27

Joey Roulette / Reuters:
Amazon launches 27 satellites for its Project Kuiper broadband internet program, the first batch of 3,236 satellites it plans to send into low-Earth orbitÿ -ÿ The first 27 satellites for Amazon's Kuiper broadband internet constellation were launched into space from Florida on Monday ...

http://www.techmeme.com/250428/p28#a250428p28

Will Oremus / Washington Post:
The US House passes the Take It Down Act to criminalize posting nonconsensual sexual images of others, including deepfakes, and require platforms to remove themÿ -ÿ Trump is expected to sign into law a bill that would force online platforms to quickly take down nonconsensual intimate images.

http://www.techmeme.com/250428/p29#a250428p29

Kyle Wiggers / TechCrunch:
Alibaba unveils the Qwen3 family of open-weight "hybrid" AI reasoning models, including Qwen3-235B-A22B, with 235B total parameters and 22B activated parametersÿ -ÿ Chinese tech company Alibaba on Monday released Qwen3, a family of AI models the company claims matches ...

http://www.techmeme.com/250428/p26#a250428p26

Lauren Feiner / The Verge:
Critics fear the Take It Down Act, one of the few online safety laws to pass in years, could be weaponized against content the Trump admin or its allies dislikeÿ -ÿ Critics warn it could have grave consequences for online speech and encryption.

http://www.techmeme.com/250428/p30#a250428p30

Jay Peters / The Verge:
Duolingo CEO Luis von Ahn says the company will "gradually stop using contractors to do work that AI can handle", as part of a shift to become "AI-first"ÿ -ÿ The company is going to be 'AI-first,' says its CEO. ... Duolingo will "gradually stop using contractors ...

http://www.techmeme.com/250428/p31#a250428p31

Wall Street Journal:
Sources detail a growing rift between Sam Altman and Satya Nadella, whose partnership began after a 2018 meeting; Microsoft can block OpenAI's for-profit moveÿ -ÿ The OpenAI and Microsoft CEOs helped each other become power players in generative AI but are now preparing for independent futures

http://www.techmeme.com/250428/p32#a250428p32

Josh Richman / Electronic Frontier Foundation:
In an open letter, EFF and top security experts urge the Trump admin to end its probe of ex-CISA chief Chris Krebs, calling it political and harmful to securityÿ -ÿ Political Retribution for Telling the Truth Weakens the Entire Infosec Community and Threatens Our Democracy; Letter Remains Open for Further Sign-Ons

http://www.techmeme.com/250429/p1#a250429p1

Reece Rogers / Wired:
OpenAI says it will start showing product recommendations in ChatGPT, even for logged-out users, with buy buttons that link to merchants' sitesÿ -ÿ OpenAI is launching a shopping experience inside of ChatGPT, complete with product picks and buy buttons.ÿ WIRED spoke with Adam Fry ...

http://www.techmeme.com/250428/p19#a250428p19

Jonathan Vanian / CNBC:
NXP says CEO Kurt Sievers plans to retire at the end of 2025, names Rafael Sotomayor as president, and reports Q1 revenue down 9% YoY to $2.84B; NXPI drops 7%+ÿ -ÿ NXP Semiconductor Inc. fell about 8% on Monday after the chip company announced that CEO Kurt Sievers will step down as part of its latest earnings.

http://www.techmeme.com/250428/p23#a250428p23

Maxwell Zeff / TechCrunch:
OpenAI says users made 1B+ web searches in ChatGPT last week and that WhatsApp users can now message 1-800-ChatGPT to get up-to-date search resultsÿ -ÿ OpenAI is updating ChatGPT search, its web search tool in ChatGPT, to give users an improved online shopping experience, the company announced Monday.

http://www.techmeme.com/250428/p22#a250428p22

Michael Lipka / Pew Research Center:
Survey: ~50% of US adults say AI will have a negative impact on news over the next 20 years, while 10% say positive; 59% say AI will lead to fewer journalistsÿ -ÿ Artificial intelligence is already affecting the way news is produced and received in the United States.

http://www.techmeme.com/250428/p24#a250428p24

Alexander Saeedy / Wall Street Journal:
Sources: a group of Wall Street banks has sold the final $1.2B of X debt at 98 cents on the dollar, after lending $13B for Elon Musk's Twitter takeover in 2022ÿ -ÿ The loans sat on banks' books for 2« years until Donald Trump's election rapidly changed company's fortunes

http://www.techmeme.com/250428/p25#a250428p25

Josh Richman / Electronic Frontier Foundation:
Open letter: the EFF and top security experts urge the Trump administration to end its probe of ex-CISA chief Chris Krebs, calling it political and harmfulÿ -ÿ Political Retribution for Telling the Truth Weakens the Entire Infosec Community and Threatens Our Democracy; Letter Remains Open for Further Sign-Ons

http://www.techmeme.com/250429/p1#a250429p1

Anna Edgerton / Bloomberg:
Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Gov. Bob Ferguson can now signÿ -ÿ New taxes passed in the final days of Washington's legislative session seek to bridge a record budget deficit by shifting ...

http://www.techmeme.com/250429/p2#a250429p2

Kyle Wiggers / TechCrunch:
Hugging Face releases SO-101, a programmable, 3D-printable robotic arm that can pick up and place objects, costing $100 to $500 depending on the supplierÿ -ÿ Hugging Face, the startup best known for the AI developer platform of the same name, is selling a programmable, 3D-printable robotic arm ...

http://www.techmeme.com/250429/p3#a250429p3

Rafe Uddin / Financial Times:
Sources: Amazon is seeking steep supplier discounts and setting tough terms to protect margins amid US tariffs, following its playbook from Trump's first termÿ -ÿ Trade war leads ecommerce group to seek steep discounts from sellers, particularly from Chinaÿ -ÿ Amazon is seeking steep discounts ...

http://www.techmeme.com/250429/p4#a250429p4

Anna Nicolaou / Financial Times:
Spotify reports Q1 revenue up 15% YoY to €4.2B, subscribers up 12% YoY to 268M, above its 265M guidance, MAUs up 10% YoY to 678M, and a €509M operating incomeÿ -ÿ Music-streaming group reaches 268mn paying subscribers in strongest first-quarter growth since 2020

http://www.techmeme.com/250429/p5#a250429p5

Punchbowl News:
Source: Amazon plans to soon show how much President Trump's tariffs are adding to the price of each product next to its total listed priceÿ -ÿ Amazon to display tariff costs for consumersÿ -ÿ Schatz moves quickly to lock up whip raceÿ -ÿ Gaming out reconciliation

http://www.techmeme.com/250429/p6#a250429p6

Joey Roulette / Reuters:
Amazon launches 27 satellites for its Project Kuiper broadband internet program, the first batch of 3,236 satellites that it plans to send into low-Earth orbitÿ -ÿ The first 27 satellites for Amazon's Kuiper broadband internet constellation were launched into space from Florida on Monday ...

http://www.techmeme.com/250428/p28#a250428p28

Will Oremus / Washington Post:
The US House passes the Take It Down Act to criminalize posting nonconsensual intimate imagery, including deepfakes, and require online platforms to remove themÿ -ÿ Trump is expected to sign into law a bill that would force online platforms to quickly take down nonconsensual intimate images.

http://www.techmeme.com/250428/p29#a250428p29

Lauren Feiner / The Verge:
Critics fear the Trump administration could weaponize the Take It Down Act, one of the few online safety bills to pass in years, against content it dislikesÿ -ÿ Critics warn it could have grave consequences for online speech and encryption. ... The Take It Down Act is heading ...

http://www.techmeme.com/250428/p30#a250428p30

Jay Peters / The Verge:
Duolingo CEO Luis von Ahn says the company will "gradually stop using contractors to do work that AI can handle", as part of an announcement to be "AI-first"ÿ -ÿ The company is going to be 'AI-first,' says its CEO. ... Duolingo will "gradually stop using contractors ...

http://www.techmeme.com/250428/p31#a250428p31

Lawrence Abrams / BleepingComputer:
Sources: Scattered Spider carried out a ransomware attack on UK retailer M&S, which employs 64K+ in 1,400 stores, that caused huge disruption starting April 22ÿ -ÿ Ongoing outages at British retail giant Marks & Spencer are caused by a ransomware attack believed to be conducted ...

http://www.techmeme.com/250429/p7#a250429p7

Google Cloud Blog:
Google tracked 75 zero-day vulnerabilities exploited in the wild in 2024, down from 98 in 2023 but up from 63 in 2022, with government hackers leading the useÿ -ÿ Google Threat Intelligenceÿ -ÿ Visibility and context on the threats that matter most.ÿ -ÿ Executive Summary

http://www.techmeme.com/250429/p8#a250429p8

Ingrid Lunden / TechCrunch:
Helsinki-based IXI, which is building low-power glasses that can autofocus to a user's prescription, emerges from stealth and raised a $36.5M Series Aÿ -ÿ Blink and you'll miss it: A startup out of Finland is taking a new look at the market for prescription eyewear.

http://www.techmeme.com/250429/p9#a250429p9

Paige Smith / Bloomberg:
PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436Mÿ -ÿ PayPal Holdings Inc. beat analysts' estimates on a key profitability gauge, another sign of progress for Chief Executive Officer Alex Chriss's turnaround plan.

http://www.techmeme.com/250429/p10#a250429p10

Wall Street Journal:
Sources detail tensions between Sam Altman and Satya Nadella, whose partnership began after a summer 2018 meeting; Microsoft can block OpenAI's for-profit moveÿ -ÿ The OpenAI and Microsoft CEOs helped each other become power players in generative AI but are now preparing for independent futures

http://www.techmeme.com/250428/p32#a250428p32

Josh Richman / Electronic Frontier Foundation:
Open letter: the EFF and top security experts urge the Trump administration to end its "political retribution" investigation into ex-CISA Director Chris Krebsÿ -ÿ Political Retribution for Telling the Truth Weakens the Entire Infosec Community and Threatens Our Democracy; Letter Remains Open for Further Sign-Ons

http://www.techmeme.com/250429/p1#a250429p1

Punchbowl News:
Source: Amazon plans to soon show how much President Trump's tariffs are adding to the price of each product, right next to its total listed priceÿ -ÿ Amazon to display tariff costs for consumersÿ -ÿ Schatz moves quickly to lock up whip raceÿ -ÿ Gaming out reconciliation

http://www.techmeme.com/250429/p6#a250429p6

Lawrence Abrams / BleepingComputer:
Sources: Scattered Spider conducted a ransomware attack on UK retailer M&S, which employs 64,000 in 1,400+ stores, causing widespread disruption from April 22ÿ -ÿ Ongoing outages at British retail giant Marks & Spencer are caused by a ransomware attack believed to be conducted ...

http://www.techmeme.com/250429/p7#a250429p7

Google Cloud Blog:
Google tracked 75 zero days exploited in the wild in 2024, down from 98 in 2023 but up from 63 in 2022; state-sponsored threat groups led in zero-day exploitsÿ -ÿ Google Threat Intelligenceÿ -ÿ Visibility and context on the threats that matter most.ÿ -ÿ Executive Summary

http://www.techmeme.com/250429/p8#a250429p8

Brendan Pedersen / @brendanpedersen:
WH Press Secretary Karoline Leavitt responds to Punchbowl News scoop today from @Dareasmunhoz and @BenBrodyDC on Amazon reflecting tariff prices "I just got off the phone with the president about Amazon's announcement. This is a hostile and political act by Amazon."

http://www.techmeme.com/250429/p11#a250429p11

Kevin Breuninger / CNBC:
White House Press Secretary Karoline Leavitt says Amazon reportedly adding tariff pricing to each product on its site "is a hostile and political act by Amazon"ÿ -ÿ WATCH NOWÿ -ÿ The White House on Tuesday slammed Amazon for reportedly planning to display the cost ...

http://www.techmeme.com/250429/p12#a250429p12

Anna Edgerton / Bloomberg:
Washington state lawmakers pass new taxes amid a record budget deficit, targeting Amazon, Microsoft, and others to raise $9B+; Governor Ferguson can now signÿ -ÿ New taxes passed in the final days of Washington's legislative session seek to bridge a record budget deficit by shifting ...

http://www.techmeme.com/250429/p2#a250429p2

Kyle Wiggers / TechCrunch:
Hugging Face starts selling SO-101, a programmable, 3D-printable robotic arm that can pick up and place objects, for $100 to ~$500, depending on the supplierÿ -ÿ Hugging Face, the startup best known for the AI developer platform of the same name, is selling a programmable ...

http://www.techmeme.com/250429/p3#a250429p3

Anna Nicolaou / Financial Times:
Spotify adds subscribers as music lovers tune out Trump tariff 'noise'ÿ -ÿ Music-streaming group reaches 268mn paying subscribers in strongest first-quarter growth since 2020ÿ -ÿ Spotify added 5mn paying subscribers in the first three months of the year, as consumers shrugged off ...

http://www.techmeme.com/250429/p5#a250429p5

Punchbowl News:
Source: Amazon plans to soon show how much President Trump's tariffs are adding to the price of each product, right next to its total listed priceÿ -ÿ Amazon doesn't want to shoulder the blame for the cost of President Donald Trump's trade war.ÿ So the e-commerce giant will soon show ...

http://www.techmeme.com/250429/p6#a250429p6

Wired:
Oligo researchers detail AirBorne, a set of vulnerabilities in Apple's AirPlay SDK that could affect 10M+ third-party devices; Apple has patched its own devicesÿ -ÿ Researchers reveal a collection of bugs known as AirBorne that would allow any hacker on the same Wi-Fi network ...

http://www.techmeme.com/250429/p13#a250429p13

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 15% YoY to €4.2B, operating income of €509M, below its €548M forecast, Q2 MAUs forecast below analysts' estimates; SPOT drops 8%+ÿ -ÿ Spotify Technology SA shares tumbled in early trading Tuesday after the streaming company reported operating profit ...

http://www.techmeme.com/250429/p14#a250429p14

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 15% YoY to €4.2B, operating income of €509M, below its €548M forecast, Q2 MAUs forecast below analysts' estimates; SPOT drops 8%+ÿ -ÿ Spotify Technology SA shares tumbled on Tuesday after the streaming company gave a muted outlook for profit and subscriber growth in the current quarter.

http://www.techmeme.com/250429/p14#a250429p14

Jeff Stein / @jstein_wapo:
Amazon says showing tariff prices on the main Amazon site was never under consideration, but Amazon Haul has considered showing import duties on some productsÿ -ÿ New - Amazon Spox now saying this was never under consideration for the main Amazon website. Says Amazon Haul has considered listing import price duties on certain products

http://www.techmeme.com/250429/p15#a250429p15

Alex Heath / The Verge:
Meta launches the Meta AI app, a standalone ChatGPT competitor featuring a Discover feed, where users can see AI interactions that friends have chosen to shareÿ -ÿ The new Meta AI app puts a twist on social media. ... Meta's standalone ChatGPT competitor is mostly what you'd expect from an AI assistant.

http://www.techmeme.com/250429/p16#a250429p16

Jeff Stein / @jstein_wapo:
New - Amazon Spox now saying this was never under consideration for the main Amazon website. Says Amazon Haul has considered listing import price duties on certain products

http://www.techmeme.com/250429/p15#a250429p15

Fortune:
Amazon says Amazon Haul "considered the idea of listing import charges on certain products", but "this was never a consideration for the main Amazon site"ÿ -ÿ White House press secretary Karoline Leavitt holds a news article on Amazon CEO Jeff Bezos as she speaks during ...

http://www.techmeme.com/250429/p17#a250429p17

Alayna Treene / @alaynatreene:
Scoop: Trump called Amazon founder Jeff Bezos Tuesday morning to complain about reports that his company was considering displaying the cost U.S. tariffs next to prices for certain products on its website, two senior White House officials told @CNN

http://www.techmeme.com/250429/p18#a250429p18

CNN:
Sources: President Trump called Jeff Bezos on Tuesday morning to complain about reports that Amazon was adding tariff prices to listingsÿ -ÿ President Donald Trump called Amazon founder Jeff Bezos this morning to complain about reports that his company was considering displaying the cost ...

http://www.techmeme.com/250429/p19#a250429p19

Emma Roth / The Verge:
Google updates Audio Overviews in NotebookLM to expand support beyond English to 50+ languages, including Spanish, French, Hindi, Turkish, Korean, and Chineseÿ -ÿ Now you can listen to Audio Overviews in over 50 languages, like Spanish, French, Korean, and more.

http://www.techmeme.com/250429/p20#a250429p20

Bloomberg:
The UK government publishes draft legislation on cryptoassets, set to be finalized later in 2025, and says it will work with US officials on crypto regulationÿ -ÿ The UK government will collaborate with US officials on plans to regulate the burgeoning crypto industry, distancing itself ...

http://www.techmeme.com/250429/p21#a250429p21

Meta Developers on YouTube:
Livestream of Meta's LlamaCon 2025 keynoteÿ -ÿ Join us as we dive into the world of AI at LlamaCon 2025.ÿ This session features a keynote presentation with Chief Product Officer Chris Cox, VP of Llama Manohar Paluri, and Llama Researcher Angela Fan.ÿ Together, they will explore the importance ...

http://www.techmeme.com/250429/p22#a250429p22

Kyle Wiggers / TechCrunch:
Meta debuts an API for its Llama AI models, in limited preview with pricing yet to be publicly announcedÿ -ÿ At its inaugural LlamaCon AI developer conference on Tuesday, Meta announced an API for its Llama series of AI models: the Llama API.ÿ -ÿ Available in limited preview ...

http://www.techmeme.com/250429/p23#a250429p23

Bill Toulas / BleepingComputer:
SK Telecom announces free SIM card replacements to its 25M mobile customers following a recent USIM data breach, but only 6M cards are available through Mayÿ -ÿ South Korean mobile provider SK Telecom has announced free SIM card replacements to its 25 million mobile customers following ...

http://www.techmeme.com/250429/p24#a250429p24

Lily Hay Newman / Wired:
WhatsApp plans to add cloud-based AI features like message summarization and composition, utilizing a system called Private Processing to maintain data privacyÿ -ÿ WhatsApp's AI tools will use a new "Private Processing" system designed to allow cloud access without letting Meta or anyone else see end-to-end encrypted chats.

http://www.techmeme.com/250429/p25#a250429p25

Kyle Wiggers / TechCrunch:
Meta says its Llama AI models have been downloaded 1.2B times, up from 1B downloads in March and 650M downloads in early December 2024ÿ -ÿ In mid-March, Meta said that its "open" AI model family, Llama, hit 1 billion downloads, up from 650 million downloads as of early December 2024.

http://www.techmeme.com/250429/p26#a250429p26

John Irish / Reuters:
In a first for the country, France blames Russia's GRU for a string of local cyber attacks, including on ministries, defense firms, and think tanksÿ -ÿ Figurines with computers and smartphones are seen in front of the words "Cyber Attack" in this illustration taken, February 19, 2024.

http://www.techmeme.com/250429/p27#a250429p27

Lauren Johnson / Adweek:
PayPal is expanding PayPal Ads to sell programmatic ads on the open web, using shopping data from its services to help advertisers target adsÿ -ÿ The payment giant is extending its ad business beyond its owned propertiesÿ -ÿ PayPal is unleashing its advertising business on the open web.

http://www.techmeme.com/250429/p28#a250429p28

Sarah Jacob / Bloomberg:
Chipmaking equipment manufacturer ASM says orders in Q1 rose 14% YoY to €834M, vs. €808M est., but notes demand in non-AI-related segments was "sluggish"ÿ -ÿ Orders rose 14% from a year earlier at constant currency to €834 million ($951 million) ...

http://www.techmeme.com/250429/p29#a250429p29

Kyle Wiggers / TechCrunch:
The latest update of GPT-4o is "now 100% rolled back" for free users and is currently rolling back for paid users, as OpenAI aims to fix the model's sycophancyÿ -ÿ OpenAI CEO Sam Altman on Tuesday said that the company is "rolling back" the latest update to the default AI model powering ChatGPT ...

http://www.techmeme.com/250429/p30#a250429p30

Hugh Son / CNBC:
SoFi plans to bring back crypto investing in 2025; SoFi chose to drop it in 2023 to get a bank charter, forcing users to Blockchain.com or to liquidate holdingsÿ -ÿ SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a "fundamental shift" ...

http://www.techmeme.com/250429/p31#a250429p31

CNBC:
Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., and declines to provide guidance, citing macroeconomic uncertainties; SNAP drops 12%+ after hoursÿ -ÿ Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties ...

http://www.techmeme.com/250429/p32#a250429p32

Michael Kan / PCMag:
Intel's next chip node, 14A, is slated for a 2027 release, will feature "Turbo Cells" and allegedly have 15-20% better performance-per-watt over the 18A processÿ -ÿ The company previews the new chip node as Intel's foundry business tries to take on TSMC and recruit more tech companies as clients.

http://www.techmeme.com/250429/p33#a250429p33

Jordan Novet / CNBC:
Supermicro reports preliminary Q3 revenue of $4.5B to $4.6B, vs. $5.5B est., earnings per share of $0.29 to $0.31, vs. $0.54 est.; SMCI drops 16%+ after hoursÿ -ÿ Super Micro shares fell as much as 19% on Tuesday after the server maker announced preliminary results for the fiscal third quarter ...

http://www.techmeme.com/250429/p34#a250429p34

Meta Developers on YouTube:
Welcome to LlamaCon 2025 - Opening Session!ÿ -ÿ Join us as we dive into the world of AI at LlamaCon 2025.ÿ This session features a keynote presentation with Chief Product Officer Chris Cox, VP of Llama Manohar Paluri, and Llama Researcher Angela Fan.ÿ Together, they will explore the importance ...

http://www.techmeme.com/250429/p22#a250429p22

Samantha Cole / 404 Media:
Tests appear to show Instagram blocking minors from accessing AI Studio, its user-generated chatbot character platform, after recent reports on safety issuesÿ -ÿ Following Wall Street Journal investigations into the user-generated chatbots, AI Studio is inaccessible for users under 18 years old.

http://www.techmeme.com/250429/p35#a250429p35

Karen Freifeld / Reuters:
Sources: Trump officials are considering removing a Biden-era rule that divides the world into tiers that help determine how many AI chips a country can obtainÿ -ÿ The Trump administration is working on changes to a Biden-era rule that would limit global access to AI chips ...

http://www.techmeme.com/250429/p36#a250429p36

Sarah Perez / TechCrunch:
Appfigures: Google Play hosts 1.8M apps, down from 3.4M at the beginning of 2024, a 47% decline likely due to raised minimum quality requirementsÿ -ÿ Google Play's app marketplace is losing apps.ÿ -ÿ From the start of 2024 to present, the Android app marketplace went from hosting ...

http://www.techmeme.com/250429/p37#a250429p37

Sarah Jacob / Bloomberg:
Chipmaking equipment manufacturer ASM says orders in Q1 rose 14% YoY to €834M, vs. €808M est., but notes demand in non-AI-related segments was "sluggish"ÿ -ÿ Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Qualityÿ -ÿ Beats' newest exercise headphones ...

http://www.techmeme.com/250429/p29#a250429p29

CNBC:
Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., and does not offer Q2 guidance, citing macroeconomic uncertainties; SNAP drops 14%+ after hoursÿ -ÿ Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand.

http://www.techmeme.com/250429/p32#a250429p32

Michael Kan / PCMag:
Intel's next chip node, 14A, is set for a 2027 release, will feature "Turbo Cells", and allegedly has 15%-20% better performance-per-watt over the 18A processÿ -ÿ The company previews the new chip node as Intel's foundry business tries to take on TSMC and recruit more tech companies as clients.

http://www.techmeme.com/250429/p33#a250429p33

Jennifer Elias / CNBC:
Waymo and Toyota announce a preliminary partnership aiming to develop an autonomous vehicle platform and enhance next-generation personally-owned vehiclesÿ -ÿ Alphabet-owned Waymo and Toyota on Tuesday announced a preliminary partnership to explore bringing robotaxi tech to personally-owned vehicles.

http://www.techmeme.com/250429/p38#a250429p38

Hugh Son / CNBC:
SoFi plans to bring back crypto investing in 2025 after dropping it in 2023 to get a bank charter, forcing users to move to Blockchain.com or liquidate holdingsÿ -ÿ SoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a "fundamental shift" ...

http://www.techmeme.com/250429/p31#a250429p31

Reuters:
Samsung reports Q1 revenue up 10% YoY to ~$55.4B, operating profit up 1.2% YoY to ~$4.68B, and chip division operating profit down 42% YoY to ~$770Mÿ -ÿ Samsung Electronics (005930.KS) reported on Wednesday a small rise in first-quarter operating profit as customers concerned about U.S. tariffs rushed ...

http://www.techmeme.com/250429/p39#a250429p39

Mark Gurman / Bloomberg:
Sources: Apple shuffles its global affairs division, including management of teams for Europe, India, and China, and changes Apple Music's leadership structureÿ -ÿ Apple Inc. is shuffling the management of its global affairs and music divisions in separate moves, extending a series ...

http://www.techmeme.com/250429/p40#a250429p40

Zaheer Kachwala / Reuters:
Grab reports Q1 revenue up 18% YoY to $773M, vs. $762.6M est., deliveries revenue up 18% YoY to $415M, and mobility revenue of $282M, as spending remains strongÿ -ÿ Grab Holdings (GRAB.O) beat Wall Street expectations for first-quarter revenue on Tuesday, as the company benefited ...

http://www.techmeme.com/250429/p41#a250429p41

Jagmeet Singh / TechCrunch:
An Indian court directs the government to block Proton Mail after a local firm alleged its staff received emails containing obscene content sent via the serviceÿ -ÿ A court in India has ordered the blocking of encrypted email provider Proton Mail across the country.

http://www.techmeme.com/250429/p42#a250429p42

The Cloudflare Blog:
In Q1 2025, Cloudflare blocked 20.5M DDoS attacks, a 358% YoY increase, and in Q2 it blocked an attack with, by far, the most intense packet rate on recordÿ -ÿ Welcome to the 21st edition of the Cloudflare DDoS Threat Report.ÿ Published quarterly, this report offers a comprehensive analysis ...

http://www.techmeme.com/250430/p1#a250430p1

Maxwell Zeff / TechCrunch:
At LlamaCon, Satya Nadella said 20%-30% of code in Microsoft's repositories was written by AI and the company was seeing more progress in Python and less in C++ÿ -ÿ Microsoft CEO Satya Nadella said that 20%-30% of code inside the company's repositories was "written by software" - meaning AI ...

http://www.techmeme.com/250430/p2#a250430p2

Jane Lanhee Lee / Bloomberg:
TSMC has begun building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's siteÿ -ÿ The world's most advanced chipmaker announced the third phase of its US expansion the same day Commerce Secretary Howard Lutnick ...

http://www.techmeme.com/250430/p3#a250430p3

Aryaman Gupta / Moneycontrol:
Sources: NRAI, India's largest restaurant body, pauses onboarding of members onto ONDC over the platform's operational issues and a lack of strategic commitmentÿ -ÿ NRAI's loss could turn out to be Rapido's gain, as the mobility platform charts plans to launch food delivery.

http://www.techmeme.com/250430/p4#a250430p4

Kyle Wiggers / TechCrunch:
Online graphic design platform Freepik unveils F Lite, a 10B-parameter "open" AI image model that it says was trained on ~80M licensed, "safe-for-work" imagesÿ -ÿ Freepik, the online graphic design platform, unveiled a new "open" AI image model on Tuesday that the company ...

http://www.techmeme.com/250430/p5#a250430p5

James Hale / Tubefilter:
Streams Charts: YouTube was the most-watched livestreaming platform in Q1 2025, with 50% of total watch hours, followed by TikTok with 27% and Twitch with 16%ÿ -ÿ It's been a few years since the Great Ninja Exodus that pitted Twitch, YouTube, Microsoft's now-defunct Mixer ...

http://www.techmeme.com/250430/p6#a250430p6

Emily Nicolle / Bloomberg:
Beauhurst: UK equity crowdfunding, once one of fintech's hottest trends, fell 58% from its 2021 peak to œ335M in 2024, and dropped ~60% YoY in Q1 2025 to œ42.6Mÿ -ÿ Once one of fintech's hottest trends, equity crowdfunding gave millions of retail investors a chance to strike gold ...

http://www.techmeme.com/250430/p7#a250430p7

Axios:
IAB: full-time US digital creator jobs grew from 200,000 in 2020 to 1.5M in 2024; the internet-supported economy accounts for 18% of US GDP, up from 2% in 2008ÿ -ÿ The number of people with full-time equivalent jobs as digital creators in the U.S. jumped from 200,000 in 2020 to 1.5 million in 2024, according to a new report.

http://www.techmeme.com/250430/p8#a250430p8

Sarah Perez / TechCrunch:
Appfigures: Google Play hosts 1.8M apps, down 47% from 3.4M at the beginning of 2024, a decline likely due to raised minimum quality requirementsÿ -ÿ Google Play's app marketplace is losing apps.ÿ -ÿ From the start of 2024 to present, the Android app marketplace went from hosting ...

http://www.techmeme.com/250429/p37#a250429p37

The Cloudflare Blog:
In Q1 2025, Cloudflare blocked 20.5M DDoS attacks, a 358% YoY increase, and in Q2 it blocked an attack with by far the most intense packet rate on recordÿ -ÿ Welcome to the 21st edition of the Cloudflare DDoS Threat Report.ÿ Published quarterly, this report offers a comprehensive analysis ...

http://www.techmeme.com/250430/p1#a250430p1

Maxwell Zeff / TechCrunch:
At LlamaCon, Satya Nadella says 20% to 30% of code in Microsoft's repositories was AI-written, and Microsoft was seeing more progress in Python and less in C++ÿ -ÿ Microsoft CEO Satya Nadella said that 20%-30% of code inside the company's repositories was "written by software" - meaning AI ...

http://www.techmeme.com/250430/p2#a250430p2

Jane Lanhee Lee / Bloomberg:
TSMC begins building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's siteÿ -ÿ Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Qualityÿ -ÿ Beats' newest exercise headphones are improved, but they face stiffer competition than ever.

http://www.techmeme.com/250430/p3#a250430p3

Financial Times:
The US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster may set the tone for how the Trump administration approaches competition policyÿ -ÿ Rivals and competition experts fear the White House will not pursue its predecessor's antitrust case against the events giant

http://www.techmeme.com/250430/p9#a250430p9

Mark Gurman / Bloomberg:
Sources: Apple shuffles its global affairs division, including management of teams for Europe, India, and China, and changes Apple Music's leadership structureÿ -ÿ Powerbeats Pro 2 Review: Best Workout Earbuds Still Lag on Audio Qualityÿ -ÿ Beats' newest exercise headphones are improved, but they face stiffer competition than ever.

http://www.techmeme.com/250429/p40#a250429p40

Jane Lanhee Lee / Bloomberg:
TSMC begins building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's siteÿ -ÿ The world's most advanced chipmaker announced the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site ...

http://www.techmeme.com/250430/p3#a250430p3

Yuan Gao / Bloomberg:
Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijingÿ -ÿ Xiaomi debuted MiMo a day after Alibaba unveiled the latest version of its own flagship model, amplifying a race between China's tech players ...

http://www.techmeme.com/250430/p10#a250430p10

Song Jung-a / Financial Times:
Samsung says that "growing policy risks" would increase uncertainty for its chip business, while tariffs would raise prices for smartphone components and TVsÿ -ÿ Electronics maker cites 'growing policy risks' for semiconductors and higher prices for phone parts

http://www.techmeme.com/250430/p11#a250430p11

Martin Young / Cointelegraph:
Filing: PayPal says the US SEC concluded its investigation into PayPal USD stablecoin in February 2025 "without enforcement action"ÿ -ÿ PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant's US-dollar stablecoin.

http://www.techmeme.com/250430/p12#a250430p12

Financial Times:
Sources: Huawei has sold 10+ sets of its AI chip cluster CloudMatrix 384, including to data centers that serve Chinese tech companies, in a bid to rival Nvidiaÿ -ÿ CloudMatrix 384 sent to data centres serving Chinese tech companies as they seek to fill gap created by US export controls

http://www.techmeme.com/250430/p13#a250430p13

Jason Schreier / Bloomberg:
EA says it laid off staff and canceled "two early-stage incubation projects"; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall gameÿ -ÿ The video-game publisher cuts between 300 and 400 jobsÿ -ÿ Electronic Arts Inc. is laying off hundreds of workers ...

http://www.techmeme.com/250430/p14#a250430p14

Financial Times:
Microsoft President Brad Smith says the company would take the US government to court if necessary to protect European customers' access to its servicesÿ -ÿ Tech group says it would sue to keep European access to crucial cloud servicesÿ -ÿ Microsoft's top legal officer said the company ...

http://www.techmeme.com/250430/p15#a250430p15

Sarah Jacob / Bloomberg:
Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5%ÿ -ÿ Adyen NV reported 22% net revenue growth in the first quarter, while warning that risks related to rising economic uncertainty ...

http://www.techmeme.com/250430/p16#a250430p16

Financial Times:
Microsoft President Brad Smith says the company would take the US to court if necessary to protect European customers' "continuity of access" to its servicesÿ -ÿ Tech group says it would sue to keep European access to crucial cloud servicesÿ -ÿ Microsoft's top legal officer ...

http://www.techmeme.com/250430/p15#a250430p15

Financial Times:
Sources: Shein is exploring ways to restructure its US business if Trump sticks with punitive tariffs on Chinese imports; the de minimis exemption closes May 2ÿ -ÿ Fast-fashion company searches for workarounds as Trump's trade war endangers operations in its most important market

http://www.techmeme.com/250430/p17#a250430p17

Rashi Shrivastava / Forbes:
Identity verification startup Persona, which has 3,000+ clients, raised a $200M Series D led by Ribbit at a $2B valuation, taking its total funding to $417Mÿ -ÿ Persona helps companies like OpenAI, LinkedIn and Reddit verify the identities of millions of users at a time when AI agents have made it increasingly difficult to do so.

http://www.techmeme.com/250430/p18#a250430p18

Martin Young / Cointelegraph:
Filing: PayPal discloses that the US SEC said in February 2025 that it was closing its investigation into the PayPal USD stablecoin "without enforcement action"ÿ -ÿ PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant's US-dollar stablecoin.

http://www.techmeme.com/250430/p12#a250430p12

Financial Times:
Sources: Shein is exploring ways to restructure its US business if Trump sticks with punitive tariffs on Chinese imports; the de minimis exemption ends on May 2ÿ -ÿ Fast-fashion company searches for workarounds as Trump's trade war endangers operations in its most important market

http://www.techmeme.com/250430/p17#a250430p17

Ben Jiang / South China Morning Post:
DeepSeek quietly open sources Prover-V2, a math-focused, 671B-parameter AI model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3ÿ -ÿ The Chinese start-up has released the Prover-V2 model a day after Alibaba released Qwen3, and ahead of an anticipated release of DeepSeek-R2

http://www.techmeme.com/250430/p19#a250430p19

Ingrid Lunden / TechCrunch:
Miami-based Cast, which optimizes AI and other workloads via automation, raised a $108M Series C led by G2 and Vision Fund 2, sources say at a $900M valuationÿ -ÿ The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organizations.

http://www.techmeme.com/250430/p20#a250430p20

Mathieu Pollet / Politico:
Doc: the EU's draft International Digital Strategy, set for June 4, acknowledges that decoupling from US tech is "unrealistic" and calls for strategic alliancesÿ -ÿ The European Union is set to admit that untangling from the dominance of U.S. tech companies is "unrealistic" ...

http://www.techmeme.com/250430/p21#a250430p21

Financial Times:
Rogo, which offers an AI chatbot that replicates an investment banker, raised a $50M Series B led by Thrive at a $350M valuation, after raising $18.5M in 2024ÿ -ÿ Rogo, founded by an ex-Lazard analyst, has raised $50mn from investors led by Thrive Capitalÿ -ÿ An AI start-up behind a chatbot ...

http://www.techmeme.com/250430/p22#a250430p22

Kyle Wiggers / TechCrunch:
AI legal analysis startup Supio, which focuses on personal injury law across 114+ case types, raised $60M led by Sapphire, taking its total funding to $91Mÿ -ÿ Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led ...

http://www.techmeme.com/250430/p23#a250430p23

Natalie Lung / Bloomberg:
Grindr rolls out A-List, powered by Claude Sonnet 3.7 and Amazon Bedrock, to curate "meaningful past connections, high-potential matches" and chat summariesÿ -ÿ The LGBTQ dating brand is rolling out a feature from its product roadmap called "A-List," an automatically curated list that surfaces ...

http://www.techmeme.com/250430/p24#a250430p24

Jagmeet Singh / TechCrunch:
Kintsugi, which uses AI to help companies automate their sales tax compliance, raised $18M at a $150M post-money valuation, up from $80M in November 2024ÿ -ÿ Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million ...

http://www.techmeme.com/250430/p25#a250430p25

Emily Birnbaum / Bloomberg:
Meta, Spotify, and Match launch the Coalition for a Competitive Mobile Experience, a lobbying coalition to take on Apple and Google over user age verificationÿ -ÿ App makers Meta Platforms Inc., Spotify Technology SA and Match Group Inc. are girding for a high-stakes political battle ...

http://www.techmeme.com/250430/p26#a250430p26

Sarah Perez / TechCrunch:
Wikipedia says it will use AI to build new features that "remove technical barriers" for editors, moderators, and patrollers, automate tedious tasks, and moreÿ -ÿ Wikipedia on Wednesday revealed its new AI strategy for the next three years - and it's not replacing the Wikipedia community ...

http://www.techmeme.com/250430/p27#a250430p27

Bloomberg:
US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a "de facto" spinoff of Google's search engine and its IPÿ -ÿ If Google were required to share both its search data and the information on how it ranks results ...

http://www.techmeme.com/250430/p28#a250430p28

Kyle Wiggers / TechCrunch:
SEC filing: Intel EVP and Chief Commercial Officer Christoph Schell is resigning "in order to pursue another career opportunity" after joining in February 2022ÿ -ÿ Christoph Schell, Intel's EVP and chief commercial officer, is leaving the company after a two-year stint, according to a filing with the SEC.

http://www.techmeme.com/250430/p29#a250430p29

Erin Woo / The Information:
US v. Google: Sundar Pichai says he had at least a "couple" of calls with Tim Cook in 2024 about a Gemini deal; Cook said Apple plans to add more AI chatbotsÿ -ÿ Google CEO Sundar Pichai and Apple CEO Tim Cook had at least a "couple" of phone calls last year where Pichai made the case ...

http://www.techmeme.com/250430/p30#a250430p30

Natalie Lung / Bloomberg:
Duolingo launches 148 new language courses developed with generative AI, doubling its offerings for non-English speakers within a year, as it aims for 1B+ usersÿ -ÿ On Wednesday, Duolingo signaled that approach is helping to rapidly expand its language-learning courses ...

http://www.techmeme.com/250430/p31#a250430p31

Bloomberg:
US v. Google: Sundar Pichai says the DOJ's proposal to share Google search data with rivals amounts to a "de facto" spinoff of Google's search engine and its IPÿ -ÿ - Alphabet CEO testifies as part of Justice Department lawsuitÿ - Rivals could reverse-engineer 'every aspect of our technology'

http://www.techmeme.com/250430/p28#a250430p28

Miranda Bryant / The Guardian:
Finland passes legislation, which goes into effect August 1, to restrict the use of mobile phones during the school day, following Denmark, France, and Norwayÿ -ÿ Nordic country is latest to act amid evidence of impact on young people, including attention and self-esteem

http://www.techmeme.com/250430/p32#a250430p32

Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Mark Zuckerberg on Llama 4, benchmarks, AI friends, DeepSeek, China, export controls, open source, monetizing AGI, aligning with Trump, and moreÿ -ÿ "The world is going to get a lot funnier, weirder, and quirkier."ÿ -ÿ Transcriptÿ -ÿ Zuck on:ÿ - Llama 4, benchmark gaming, open vs closed

http://www.techmeme.com/250430/p33#a250430p33

Sabrina Ortiz / ZDNET:
Visa announces Visa Intelligent Commerce, opening its payment network to developers building AI agents to find and buy products for usersÿ -ÿ AI has transformed everyday tasks such as writing, coding - even shopping.ÿ Now, Visa is introducing an initiative to prepare its payment network ...

http://www.techmeme.com/250430/p34#a250430p34

Emily Mason / Bloomberg:
Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin Americaÿ -ÿ The platform will allow developers to launch card programs in multiple countries at once, starting with Argentina, Colombia ...

http://www.techmeme.com/250430/p35#a250430p35

Dwarkesh Patel / Dwarkesh Podcast:
Q&A with Mark Zuckerberg on Llama 4, benchmarks, AI friends, DeepSeek, China, export controls, open source, monetizing AGI, aligning with Trump, and moreÿ -ÿ Zuck on:ÿ - Llama 4, benchmark gaming, open vs closedÿ - Intelligence explosion, business models for AGI

http://www.techmeme.com/250430/p33#a250430p33

Bloomberg Tax:
Sources: Ripple has proposed a takeover of Circle for $4B to $5B, a bid that was rejected as too low; Ripple remains interested in Circleÿ -ÿ Ripple has proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low ...

http://www.techmeme.com/250430/p36#a250430p36

Microsoft:
Microsoft reports Q3 revenue up 13% YoY to $70.1B, Microsoft 365 Commercial products and cloud services revenue up 11% YoY, and net income up 18% YoY to $25.8Bÿ -ÿ Microsoft Cloud and AI Strength Drives Third Quarter Resultsÿ -ÿ REDMOND, Wash. - April 30, 2025 - Microsoft Corp. today announced ...

http://www.techmeme.com/250430/p37#a250430p37

Meta:
Meta reports Q1 revenue up 16% YoY to $42.3B, net income up 35% YoY to $16.6B, and family daily active people up 6% YoY to 3.43B on average for March 2025ÿ -ÿ Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025.

http://www.techmeme.com/250430/p38#a250430p38

Jordan Novet / CNBC:
Microsoft Q3: Intelligent Cloud revenue up 21% YoY to $26.75B, vs. $26.16B est., Azure and other cloud services up 33%, above est.; MSFT jumps 5%+ after hoursÿ -ÿ Microsoft shares rose more than 6% in extended trading on Wednesday after the company reported better-than-expected quarterly results driven by its Azure cloud business.

http://www.techmeme.com/250430/p39#a250430p39

Jonathan Vanian / CNBC:
Meta shares rise on stronger-than-expected revenue for the quarter ... Meta shares rose nearly 3% after the company reported stronger-than-expected revenue in the first quarter.ÿ -ÿ Here's how the company did, compared with estimates from analysts polled by LSEG:ÿ - Earnings per share: $6.43 vs. $5.28 expected

http://www.techmeme.com/250430/p40#a250430p40

Tom Warren / The Verge:
Microsoft Q3: Windows OEM and Devices revenue up 3% YoY, gaming revenue up 5%, Xbox hardware revenue down 6%, and Xbox content and services revenue up 8%ÿ -ÿ Cloud growth has helped push Microsoft earnings past Wall Street estimates. ... Microsoft just posted the third quarter of its 2025 fiscal financial results.

http://www.techmeme.com/250430/p41#a250430p41

Jonathan Vanian / CNBC:
Meta's Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020ÿ -ÿ Meta is continuing to sink billions of dollars a quarter into the metaverse.ÿ -ÿ In its first-quarter earnings report on Wednesday ...

http://www.techmeme.com/250430/p43#a250430p43

Todd Spangler / Variety:
Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65Bÿ -ÿ Social-media giant Meta isn't forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts.

http://www.techmeme.com/250430/p42#a250430p42

Ian King / Bloomberg:
Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hoursÿ -ÿ Revenue in the period ending in June will be $9.9 billion to $10.7 billion, the company said Wednesday in a statement.

http://www.techmeme.com/250430/p44#a250430p44

Helene Braun / CoinDesk:
Robinhood reports Q1 revenue up 50% YoY to $927M, vs. $920.1M est., crypto transaction revenue up 100% to $252M, increases share buyback authorization by $500Mÿ -ÿ The trading platform's results could give an indication for Coinbase's earnings on May 8.ÿ -ÿ What to know:

http://www.techmeme.com/250430/p45#a250430p45