<html> <head> <meta name="viewport" content="width=device-width,initial-scale=1.0"> <style> a { text-decoration:none; } .uppercase { text-transform:uppercase; } .page { font-family:Optima, Helvetica, sans-serif; width:620px; margin:0 auto; background-color:white; font-size:16px; } .page table { border-collapse:collapse; } .header a, .header a:hover, .header a:visited { color:#606060; } .section { margin-top:12px; } .first_section { margin-top:4px; } .first_in_section { border-top:none !important; } .story .leading_item .title { font-size:18px; } .big_story .leading_item .title { font-size:24px; } .clustered_items .title { font-size:18px; } .title a { color:#004860; font-weight:bold; } .excerpt { color:black; font-size:16px; } .cite { color:#888; display:inline-block; white-space: nowrap; } a.tweet_cite:link, a.tweet_cite:visited, a.fb_item_cite:link, a.fb_item_cite:visited { color:black; } a.tweet_body:link, a.tweet_body:visited, a.fb_item_body:link, a.fb_item_body:visited { color:black; } .tweet, .fb_item { padding:1px 0; } .fb_item_image { width:12px; } .tweet_image { width:12px; } .logo { display:block; background:url(https://www.techmeme.com/img/techmeme34.png); background-size: cover; height:34px; width:142px; } .logo_img { height:34px; width:142px; } .sponsor .label { display:block; color:#686860; font-size:12px; font-weight:bold; padding:2px 0; } .event a:link, .event a:visited { color:#004860; } .banner { margin-bottom:12px; padding:20px 10px; background-color:#ffd700; text-align:center; font-size:26px; color:red; } .mcnPreviewText{display: none !important;} @media only screen and (max-width: 480px) { body, .page { width:100% !important; -webkit-text-size-adjust:none !important; } .MC_links { font-size:14px !important; padding-bottom:10px !important; } .page_date { font-size:18px !important; } .narrow_image { display:none !important; } .section { margin-top:16px !important; } .first_section { margin-top:6px !important; } .story, .big_story { padding: 12px 0 !important; border-top:1px solid silver !important; } .first_in_section { border-top:none !important; } .logo { background:url(https://www.techmeme.com/img/techmeme135.png) !important; background-size: cover !important; height:38px !important; width:160px !important; } .logo_img { height:38px !important; width:160px !important; } .tweet_image, .fb_item_image { width: 12px !important; } .events { padding:12px 10px !important; } .sponsor_image { max-width: 100px; } .presented_by { padding:2px 0 10px !important; } } </style> <!--[if gte mso 9]> <style type="text/css"> .clustered_items td { padding-left:38px !important; } </style> <![endif]--> </head> <body> <!-- --> <!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO and focus on research, compute, and</span><!--<![endif]--> <!-- --> <div class="page" style="font-family: Optima, Helvetica, sans-serif;width: 620px;margin: 0 auto;background-color: white;font-size: 16px;"> <div class="header"> <table style="width: 100%;margin-bottom: 8px;border-collapse: collapse;"> <tr> <td class="MC_links" colspan="2" style="font-size:13px;text-align:center;padding:2px 0 8px;color:#606060"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b424a83831&e=06cea4a9e4" style="text-decoration: none;color: #606060;">Got this from a friend? Subscribe!</a> | <a href="https://us14.forward-to-friend.com/forward?u=94ccd3ae223561415b05892ab&id=f130bc67fe&e=06cea4a9e4" style="text-decoration: none;color: #606060;">Forward</a> | <a href="https://us14.campaign-archive.com/?e=06cea4a9e4&u=94ccd3ae223561415b05892ab&id=f130bc67fe" style="text-decoration: none;color: #606060;">View in browser</a> </td> </tr> <tr> <td style="vertical-align:middle;padding-left:10px;min-height:38px;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0853593ea4&e=06cea4a9e4" style="text-decoration: none;color: #606060;"> <!-- <span class="logo"></span> --> <img class="logo_img" src="https://www.techmeme.com/img/techmeme135.png" width="142" height="34" style="height: 34px;width: 142px;"> </a> </td> <td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Thu, May 8</td> </tr> </table> </div> <div style="width:100%;border:1px solid lightgray;padding:5px 0;background-color:white;margin:0 auto 10px;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td colspan="2"> <div class="presented_by" style="text-align:center;width:100%;letter-spacing:2px;text-transform:uppercase;font-size:14px;padding:2px 0 4px;"> Presented by Google </div> </td> </tr> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=65b2efb453&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Gemini 2.5 Pro: Our most intelligent AI model</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy. Try it at no cost in the Gemini app.</span> </td> <td style="padding:0 15px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c16a53d2be&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/gemini_264px.png"> </a> </td> </tr> </table> </div> <!-- <div class="banner"> YOUR AD HERE </div> --> <div class="first_section" style="margin-top: 4px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> top news </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_story first_in_section big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=37b7a43e06&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO and focus on research, compute, and safety</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">OpenAI</span>)</span> </td> </tr> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0856e3163b&e=06cea4a9e4" style="text-decoration: none;color: black;">@fidjissimo:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a2cb8a866d&e=06cea4a9e4" style="text-decoration: none;color: black;">So excited to be joining @openai and contributing to its mission. Thank you @sama for the opportunity- it will be such a privilege to work with such a talented team on one of the most important and ambitious endeavors in history.</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d4dbe6903a&e=06cea4a9e4" style="text-decoration: none;color: black;">@sama:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2d94aee749&e=06cea4a9e4" style="text-decoration: none;color: black;">fidji is exceptional; we have worked together on openai for the past year and i have observed her deep commitment to our mission. i cannot imagine a better new team member to help us scale the next 10x (or 100x, let's see).</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=431953dc4e&e=06cea4a9e4" style="text-decoration: none;color: black;">@ericnewcomer:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=389a47dbcf&e=06cea4a9e4" style="text-decoration: none;color: black;">The “i'll remain ceo of openai” raises questions I didn't have until he brought it up</a> </div> </td></tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c28d5290a0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Instacart CEO Fidji Simo tells employees that she is leaving in a couple of months, the new CEO will be a management team member, and she will stay on as Chair</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Fidji Simo / </span><span class="pub_name">Instacart Corporate Blog</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f0e13dc59d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI says board member Fidji Simo will lead its business and operations teams in her new role as CEO of Applications, overseeing sales, marketing, and finance</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mike Isaac / </span><span class="pub_name">New York Times</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=16d592cee8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: Fidji Simo will oversee several OpenAI executives who previously reported to Altman, including COO Brad Lightcap, CFO Sarah Friar, and CPO Kevin Weil</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=87bba0b5b0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Apple aims to begin mass production of a chip for its smart glasses, with greater power efficiency and multi-camera control, by end of 2026 or in 2027</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Gurman / </span><span class="pub_name">Bloomberg</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250508/i36.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">The company has made progress on the chip that it's developing for smart glasses … </span> <span class="cite">(Mark Gurman / Bloomberg)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a00d668fc9&e=06cea4a9e4" style="text-decoration: none;color: black;">@vadimyuryev:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fadfd1e224&e=06cea4a9e4" style="text-decoration: none;color: black;">Woah! What a huge piece of news on a Thursday! Brand new compact Apple Silicon chip for Apple Glasses (the future iPhone replacement) Apple Watches with cameras? Awesome stuff!</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a7af8ec93d&e=06cea4a9e4" style="text-decoration: none;color: black;">@anshelsag:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=203de76772&e=06cea4a9e4" style="text-decoration: none;color: black;">This makes total sense because Meta's first-gen Ray Bans literally ran on a modified Qualcomm Smartwatch chip too. Expect more of a “smartwatch on the face” experience, possibly with a single monochrome display or no display.</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=573b05a857&e=06cea4a9e4" style="text-decoration: none;color: black;">@benbajarin:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c25fa40f37&e=06cea4a9e4" style="text-decoration: none;color: black;">Apple doing Apple things and that means a lot of custom silicon.</a> </div> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;background-color:#f4f4f4;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=54ab72e304&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Introducing the UiPath Platform™ for agentic automation</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — UiPath's new platform empowers enterprises to experience the full power of AI to transform industries</span> </td> <td style="padding:0 20px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6a0b1fdca8&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/uipathaa.png"> </a> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d380f1ef8a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with Bill Gates on closing the Gates Foundation on December 31, 2045, donating ~$200B, President Trump, Elon Musk, AI drug discovery, AI advances, and more</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">David Wallace-Wells / </span><span class="pub_name">New York Times</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250508/i27.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">Today the Gates Foundation celebrates its 25th anniversary by announcing its plans to close up shop.</span> <span class="cite">(David Wallace-Wells / New York Times)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=185b0b3f7b&e=06cea4a9e4" style="text-decoration: none;color: black;">@billgates:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3e4251ede1&e=06cea4a9e4" style="text-decoration: none;color: black;">We have an opportunity to save more lives around the world than ever before—and I want to do even more to help. That's why I'm giving away virtually all of my wealth through the Gates Foundation over the next 20 years. [image]</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=93c277ba3d&e=06cea4a9e4" style="text-decoration: none;color: black;">@tedchris:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f1cdb65b33&e=06cea4a9e4" style="text-decoration: none;color: black;">There's so much criticism of big philanthropists making commitments but never spending the money. This from @BillGates is the opposite of that. Stunning! </a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9c02589f08&e=06cea4a9e4" style="text-decoration: none;color: black;">@akshatrathi:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dd256352cb&e=06cea4a9e4" style="text-decoration: none;color: black;">Bill Gates on Elon Musk: “The world's richest man has been involved in the deaths of the world's poorest children.” [image]</a> </div> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b3b2868338&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Senate hearing: Sam Altman says that requiring government approval to release AI would be “disastrous” for the US' lead in AI, a reversal from his 2023 comments</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Washington Post</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4f30e68394&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Prepared testimony: Microsoft and other AI leaders urge US senators to streamline federal AI energy permits and open more government datasets for AI training</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">David Shepardson / </span><span class="pub_name">Reuters</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=eec2aadcfa&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google says it is continuing to see “overall query growth in Search”, including “an increase in total queries coming from Apple's devices and platforms”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">The Keyword</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8622ff8927&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Eddy Cue's disclosure of Apple's plan to shift its browser to AI systems had a clear goal: downplaying the importance of Apple's existing Google Search deal</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Gurman / </span><span class="pub_name">Bloomberg</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0659a4a331&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta is in discussions with crypto firms to introduce stablecoins as a means to manage payouts, and has hired a VP of product with crypto experience</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Fortune</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fb192e95ce&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Coinbase agrees to acquire Dubai-based Deribit, the world's biggest trading platform for BTC and ETH options, for ~$2.9B, split as $700M in cash and 11M shares</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lauren Thomas / </span><span class="pub_name">Wall Street Journal</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b1589f8f75&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bitcoin jumps above $100,000 for first time since February 2025, after President Trump announced a US-UK trade agreement; ether, dogecoin, and solana rose 9%+</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tanaya Macheel / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=88f2410634&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Senate Democrats block the Genius Act after Republicans rebuffed a provision to bar Trump and others from profiting off of crypto ventures while in office</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steven T. Dennis / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=12b0e49e57&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Celsius Network founder and former CEO Alex Mashinsky is sentenced to 12 years in prison after pleading guilty to commodities fraud and misleading investors</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chris Dolmetsch / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9107cc854a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The LockBit ransomware gang has suffered a data breach, with 59,975 BTC addresses and 4,442 negotiation messages leaked, and posted on its dark web site</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lawrence Abrams / </span><span class="pub_name">BleepingComputer</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=967ba68153&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The UK says the Digital Services Tax remains unchanged under the trade deal agreed between the US and the UK, both of which will work on a “digital trade deal”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Paul Sandle / </span><span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=69aa5fd2eb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Wikimedia Foundation says it is taking legal action to challenge the UK's Online Safety Act, saying it could threaten the safety of its volunteer editors</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chris Vallance / </span><span class="pub_name">BBC</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> earnings </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e91e563d86&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Coinbase reports Q1 revenue up 24% YoY to $2B, vs. $2.1B est., trading volume up 26% YoY to $393B, and earnings per share of $0.24, vs. $1.93 est.</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Helene Braun / </span><span class="pub_name">CoinDesk</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=04f86d049b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nintendo reports FY 2024-25 revenue down 30% YoY to ~$8B, profit down 43% YoY to ~$1.9B, and says the Switch has 128M+ players globally eight years after launch</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Yuri Kageyama / </span><span class="pub_name">Associated Press</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=60d8cc2c53&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Lyft reports Q1 revenue up 14% YoY to $1.45B, vs. $1.47B est., increases its share buyback program to $750M after activist pressure; LYFT jumps 7%+ after hours</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Akash Sriram / </span><span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9e800f7933&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Affirm reports Q3 revenue up 36% YoY to $783M, vs. $783M est., GMV up 36% to $8.6B, above est., and forecasts Q4 revenue below est.; AFRM drops 8%+ after hours</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">MacKenzie Sigalos / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ad726746b7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Shopify reports Q1 revenue up 27% YoY to $2.36B, above $2.34B est., and GMV up 23% YoY to $74.75B, as investors struggle to determine the trade war's impact</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Spencer Soper / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c416248884&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Pinterest reports Q1 revenue up 16% YoY to $855M, vs. $847M est., MAUs up 10% to 570M, and forecasts Q2 revenue above estimates; PINS jumps 15%+ after hours</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jonathan Vanian / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a0f2bea989&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SMIC reports Q1 revenue up 28.4% YoY to $2.2B, vs. $2.3B est., profit up 161.9% YoY to $188M, vs. $222.4M est., and says H2 has “opportunities and challenges”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9f0bed898b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Latin American e-commerce and fintech giant MercadoLibre reports Q1 revenue up 37% YoY to $5.9B, $494M in net income, and Argentina revenue up 125% YoY to $1.3B</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Daniel Cancel / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8ee69745ae&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Cloudflare reports Q1 revenue up 27% YoY to $479.1M, vs. $469.3M est., and forecasts Q2 revenue of $500M to $501M, vs. $500.4M est.; NET jumps 8%+ after hours</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Reinhardt Krause / </span><span class="pub_name">Investor's Business Daily</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=58c1ff8aeb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bumble reports Q1 revenue down 7.7% YoY to $247.1M, in line with $246.2M est., with Bumble app paying users falling ~1% YoY to 2.7M; BMBL jumps ~7%</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kritika Lamba / </span><span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> artificial intelligence </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9e334f6353&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google rolls out AI-powered defenses to help combat scams on Chrome, including the use of Gemini Nano, its on-device LLM, in Enhanced Protection mode on desktop</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Aisha Malik / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bbe471e57c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Robert Fergus, who co-founded FAIR with Yann LeCun in 2014, will lead Meta's Fundamental AI Research lab, succeeding Joelle Pineau</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Riley Griffin / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=74fa0dd682&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Reddit CEO Steve Huffman says Reddit will work with “various third-party services” to verify a user's humanity, after an unauthorized AI persuasion experiment</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Rebecca Bellan / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=190b8c8ea3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Memphis says xAI is using Tesla's 150MW Megapack batteries to shore up its Colossus supercomputer; xAI spent ~$230M on them from January 2024 to February 2025</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dana Hull / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4ec912e2b3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">IBM survey of 2,000 CEOs from 33 countries: 25% of AI initiatives have delivered the expected ROI over the past few years, and 16% have scaled enterprise wide</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tobias Mann / </span><span class="pub_name">The Register</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=40f289deae&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How “AI slop farmer” Jesse Cunningham targets older women on Pinterest and Facebook with AI-generated copies of content from real bloggers and creators</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maggie Harrison / </span><span class="pub_name">Futurism</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ed324ddcda&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at Silence Speaks, a British startup that has built an AI-powered sign language avatar capable of accurately translating text to British Sign Language</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Simon Hill / </span><span class="pub_name">Wired</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> litigation </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fa0412f087&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A federal judge in Florida dismisses most claims against celebrities who endorsed FTX, ruling that they were “uninformed” and “reckless” but not fraudulent</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Gaby Del Valle / </span><span class="pub_name">The Verge</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cdf02d313d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Filing: Apple seeks to pause part of the April 30 Epic v. Apple US court order that blocks it from charging commissions on transactions outside the App Store</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> video games </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=99525e3523&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Rockstar says its second Grand Theft Auto VI trailer was “captured entirely in-game from a PlayStation 5, comprised of equal parts gameplay and cutscenes”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Andrew Webster / </span><span class="pub_name">The Verge</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d8ec94bdc8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nintendo projects Switch 2 sales will reach 15M units for the fiscal year ending March 2026, below 16.8M est., and ~$2.2B in annual operating profit, below est.</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Takashi Mochizuki / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d92a20890d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Palworld developer Pocketpair says a 2024 update was due to “ongoing litigation” and a new update is “yet another compromise”, as it disputes Nintendo's claims</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Victoria Kennedy / </span><span class="pub_name">Eurogamer.net</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> personnel changes </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c7cea82693&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Match says it will cut 13% of its staff and reports Q1 revenue down 3% YoY to $831M, above est., and paying users down 5% to 14.2M, below est.; MTCH drops 9.6%</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Natalie Lung / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9d53f0c19e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SEC filing: Sterling Anderson, CPO and co-founder of self-driving truck startup Aurora, is resigning effective June 1, and will leave the board on August 31</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kirsten Korosec / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> social networks </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6419975393&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta says it will start testing video ads on Threads with a “small number” of advertisers, and “Reels trending ads”, which will be shown next to trending Reels</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sarah Perez / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1461165d6c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The European Commission is facing pressure from member states, led by Ireland, to force Google, Meta, and others to vet financial ads on social media for scams</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> cryptocurrency </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0f153bf67a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US OCC says banks can buy and sell customers' crypto assets on their behalf and can outsource crypto custody and trade execution services to third parties</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Danny Park / </span><span class="pub_name">The Block</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2e1d4c5962&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Analysis: 67K+ new or small-time crypto investors bought the $TRUMP memecoin but 80% of them bought near the coin's peak and saw their holdings' value nosedive</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Washington Post</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> funding deals </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4c05e633cc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sales automation startup Clay lets staff with 1+ year of tenure sell shares in a tender led by Sequoia at a $1.5B valuation, up from $1.25B in January 2025</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Marina Temkin / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=943f982b80&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">WisdomAI, which offers AI-powered data analytics from structured, unstructured, and “dirty” data, launches with a $23M seed led by Coatue Ventures</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Julie Bort / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=84d44d9f4f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Nebius Group's Toloka, which uses human experts to train and evaluate AI models and has worked with Amazon and Anthropic, raised $72M led by Bezos Expeditions</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Alexander Marrow / </span><span class="pub_name">Reuters</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> more news </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9de773bf16&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Palantir's valuation rises to $281B after its shares close up 7.85%, surpassing Salesforce and joining the top 10 largest US tech companies by market cap</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Samantha Subin / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f7eb9472d0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Analysis: ~66% of US data center projects built or in development since 2022 are in areas with high water stress, with five states having 72% of new facilities</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;background-color:#f4f4f4;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bdfb0842e7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Protecting your Cloud Applications Data</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.</span> </td> <td style="padding:0 20px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8ad5b4a7bd&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/idrive-hvnuOGua.png"> </a> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=01d5725ef8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Trump threatens to end the Digital Equity Act, a Biden-era law aimed at expanding high-speed internet access, calling it “racist” and “totally unconstitutional”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chris Cameron / </span><span class="pub_name">New York Times</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a5f8c24e15&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Memo: the US CFPB discontinues its order designating the supervision of Google Payment, saying the Biden-era decision is an “unwarranted use” of CFPB's powers</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Paige Smith / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=48e007cd2f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An interview with curl project founder Daniel Stenberg, who likens “AI slop” in HackerOne submissions to a DDoS attack, echoing Seth Larson and others' concerns</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kevin Purdy / </span><span class="pub_name">Ars Technica</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c461615190&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An interview with Gumroad CEO Sahil Lavingia about working as an unpaid contractor for DOGE, moving the Gumroad code base to the MIT license, and more</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ernie Smith / </span><span class="pub_name">Fast Company</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6be73a10e0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Taiwan dollar's sharpest rally against the US dollar in nearly 40 years raises concerns about the competitiveness and earnings of Taiwanese tech companies</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Charlotte Yang / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> </div> <div class="footer" style="width:100%;border-top:1px solid lightgray;padding:14px 0;"> <table style="background-color: #FFFFFF;width: 100%;border-collapse: collapse;"> <tr> <td align="center" valign="top" style="padding-top:10px; padding-bottom:10px;"> <table style="width: 100%;border-collapse: collapse;"> <tr> <td align="center" valign="top" style="color:#606060; font-size:13px; line-height:190%; padding-right:10px; padding-bottom:5px; padding-left:10px; text-align:center;"> This email was sent to <a href="mailto:orbit.web.92@getmynews.app" target="_blank" style="color: #404040 !important;text-decoration: none;">orbit.web.92@getmynews.app</a> <br> <a href="https://techmeme.us14.list-manage.com/unsubscribe?u=94ccd3ae223561415b05892ab&id=976a1cbc1f&t=b&e=06cea4a9e4&c=f130bc67fe" style="color: #404040 !important;text-decoration: none;">Unsubscribe</a> <br> <a href="https://techmeme.us14.list-manage.com/profile?u=94ccd3ae223561415b05892ab&id=976a1cbc1f&e=06cea4a9e4&c=f130bc67fe" style="color: #404040 !important;text-decoration: none;">Update preferences</a> <br> <a href="https://techmeme.us14.list-manage.com/vcard?u=94ccd3ae223561415b05892ab&id=976a1cbc1f" style="color: #404040 !important;text-decoration: none;">Images not loading in Outlook? Add us to your address book!</a> <br> Techmeme 530 Divisadero St. #175 San Francisco, CA 94117 USA </td> </tr> </table> </td> </tr> </table> </div> </div> <div style="display:none;"><img src="https://techmeme.us14.list-manage.com/track/open.php?u=94ccd3ae223561415b05892ab&id=f130bc67fe&e=06cea4a9e4" height="1" width="1" style="display:none;" alt=""></div></body> </html>