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<!--[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;">Sources: OpenAI is negotiating with Microsoft to enable a future IPO; Microsoft offers to cut its equity stake for continued access to OpenAI tech bey</span><!--<![endif]-->
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bee593a389&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Gemini 2.5 Pro: Our most intelligent AI model</a></span>
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<span style="color:#455;font-weight:bold;">Tomorrow's events: </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e9ca4bcf30&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Samsung "Beyond Slim" Galaxy S25 media event</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d02236e2bf&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Dubai FinTech Summit</a></span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=989e7c9b21&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: OpenAI is negotiating with Microsoft to enable a future IPO; Microsoft offers to cut its equity stake for continued access to OpenAI tech beyond 2030</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
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<span class="excerpt">High-stakes talks to revise terms of multibillion-dollar partnership are key to plans to adopt for-profit model</span>
<span class="cite">(Financial Times)</span>
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<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=54722e5a48&e=06cea4a9e4" style="text-decoration: none;color: black;">@andrewcurran_:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6f3a4104e6&e=06cea4a9e4" style="text-decoration: none;color: black;">MS and OpenAI are revising their contract. According to the FT Microsoft is offering to give up some of its equity stake in OpenAI's new for-profit in exchange for continued access to new models developed beyond 2030, which is the current cut off date. [image]</a>
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<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=4936ee5590&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=bf1ddd92de&e=06cea4a9e4" style="text-decoration: none;color: black;">Microsoft and OpenAI are fighting over a lot How much Microsoft should own of OpenAI? IP rights? What should do about its AGI terms. It's another big stumbling block in the path to cleaning up OpenAI's corporate structure. Does Microsoft really want to give up its current deal, especially if it's making life difficult for its competitor OpenAI</a>
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<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=d3f8df25d6&e=06cea4a9e4" style="text-decoration: none;color: black;">@yoda:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db962641cc&e=06cea4a9e4" style="text-decoration: none;color: black;">Altman is that dude.</a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6d70f66814&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Trump administration fired US Copyright Office head Shira Perlmutter; her office had raised concerns about xAI using copyrighted content to train AI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Scott Macfarlane / </span><span class="pub_name">CBS News</span>)</span>
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<span class="excerpt">The Trump administration has fired the head of the U.S. Copyright Office … </span>
<span class="cite">(Scott Macfarlane / CBS News)</span>
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<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=5b66469306&e=06cea4a9e4" style="text-decoration: none;color: black;">@senatorheinrich:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e6ecf49835&e=06cea4a9e4" style="text-decoration: none;color: black;">UPDATE: Trump has now fired the Register of Copyrights. With Trump, it's always about greed. He went after the Librarian to get to the Register of Copyrights, all to line his own and Elon's pockets. Another gross abuse of power from this Grifter-in-Chief.</a>
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<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=5c1df299db&e=06cea4a9e4" style="text-decoration: none;color: black;">@jason_kint:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ec8a75a356&e=06cea4a9e4" style="text-decoration: none;color: black;">The firing of the head of copyright office makes for some interesting coincidence. Who was behind it? @elonmusk or @joel_kaplan or someone else? My instincts say Kaplan after their Summary Judgment copyright hearing in NdCal last week for allegedly training off pirated data.</a>
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<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=f08eba2338&e=06cea4a9e4" style="text-decoration: none;color: black;">@repjoemorelle:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=6699bbcfdd&e=06cea4a9e4" style="text-decoration: none;color: black;">Donald Trump's termination of Register of Copyrights, Shira Perlmutter, is a brazen, unprecedented power grab with no legal basis. It's surely no coincidence he acted less than a day after she refused to rubber-stamp Elon Musk's efforts to mine troves of copyrighted works to train AI models.</a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ed53155444&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Pope Leo XIV says he chose his name to honor Pope Leo XIII's work during the first industrial revolution, as AI poses challenges in a new industrial revolution</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lauren Kent / </span><span class="pub_name">CNN</span>)</span>
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<span class="excerpt">Pope Leo XIV indicated on Saturday that his papacy will follow closely … </span>
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<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=f9fd11f3be&e=06cea4a9e4" style="text-decoration: none;color: black;">@berniesanders:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=473bd0f4c0&e=06cea4a9e4" style="text-decoration: none;color: black;">Pope Francis was one of the great religious leaders in modern history. I applaud Pope Leo for pledging that he will continue Francis' work of providing “loving care for the least and the rejected” and focus on the impact that AI will have on the wellbeing of workers.</a>
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<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=83e67b2b4c&e=06cea4a9e4" style="text-decoration: none;color: black;">@garymarcus:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f753a84d2d&e=06cea4a9e4" style="text-decoration: none;color: black;">The Pope gets it. The most important question about AI isn't a technical question. The most important question is about how to maintain and grow a just society in the age of AI. [image]</a>
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<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=f468ef26be&e=06cea4a9e4" style="text-decoration: none;color: black;">@normonics:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5bd954cc45&e=06cea4a9e4" style="text-decoration: none;color: black;">Pope Leo XIV has training as a mathematician. He is in a unique position to tackle the moral questions around AI in a sober and measured way, without being bamboozled by the technical details. In AI there is NO mystery. In the human soul, there is infinite mystery.</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3392c519b2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Klarna, which said in 2024 that AI was doing the work of 700 customer service agents, starts hiring remote workers after the AI approach led to “lower quality”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Charles Daly / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=35b4bab245&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: the Trump admin plans to end Energy Star, a voluntary program started in 1992 to promote energy savings, initially aimed at PCs, monitors, and printers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Marianne Lavelle / </span><span class="pub_name">Inside Climate News</span>)</span>
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<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=9ac60fc22a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The FTC pushes the enforcement of its “click-to-cancel” rule requiring businesses to make canceling subscriptions as easy as signing up, from May 14 to July 14</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Cheyenne MacDonald / </span><span class="pub_name">Engadget</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=526dc861ea&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Lloyd's of London insurers have launched a product to cover companies for losses if sued over AI chatbot errors, with policies developed by YC-backed Armilla</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 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=3434c1b1bd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Trump administration's plan to cut the budget of the NSF, considered key to US tech leadership, by about 57% to $3.9B is alarming the startup and VC sector</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jessica Mathews / </span><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=6d342f3eb8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">As the consumer metaverse falters, the World Economic Forum projects the industrial metaverse will reach $100B by 2030, led by platforms like Nvidia Omniverse</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Nicole Kobie / </span><span class="pub_name">Wired</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=746eaf59e0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at Microsoft's Threat Intelligence Center, staffed largely by ex-intelligence and military personnel, which has become a key pillar of US cyber defense</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;">
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=fd4cbc12a0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A study finds that asking LLMs to be concise in their answers, particularly on ambiguous topics, can negatively affect factuality and worsen hallucinations</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </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=b2f5c2b3fc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">CMU researchers unveil LegoGPT, an AI model that designs physically stable Lego structures from text prompts and currently supports eight standard brick types</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Benj Edwards / </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=b749086504&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Singapore unveils a blueprint for global collaboration on AI safety, developed in consensus with researchers and experts from the US, China, and other countries</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Will Knight / </span><span class="pub_name">Wired</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=820faed264&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Ramp: 32.4% of US businesses using Ramp cards had OpenAI subscriptions in April, up from 28% in March; Google AI subscriptions fell to 0.1% in April</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </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=4a1976b35b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SoundCloud quietly changed its policies to allow the company to use audio uploaded by users on its platform to “inform, train, develop or serve as input to AI”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </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=d5f4f4f3ca&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US FDA plans to deploy AI tools to all centers by June 30, 2025 to speed up scientific reviews, after completing a pilot and naming its first AI chief</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Conor Hale / </span><span class="pub_name">Fierce Biotech</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=9a8719a009&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta unveils AssetGen 2.0, an AI system that generates higher quality 3D assets compared to AssetGen 1.0, rolling out to Horizon creators later in 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">David Heaney / </span><span class="pub_name">UploadVR</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=9f3129a2c6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A look at “AI-native” startups, which integrate AI into their workflows and team structures, allowing them to operate with fewer employees and consolidate tasks</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jo Constantz / </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=53bfd39f8a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A profile of OpenAI's CEO of Applications Fidji Simo, who is tasked with broadening ChatGPT amid a straining Microsoft relationship and a battle with Elon Musk</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;" 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=91a19d491b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with Anthropic co-founder Jack Clark on the parts of the economy AGI will affect last, why he's relatively bearish on AI-fueled economic growth, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tyler Cowen / </span><span class="pub_name">Conversations with Tyler</span>)</span>
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</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;">
ride-hailing apps
</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=d2f6adac0c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The UK stopped asking Uber to pay VAT on the full cost of rides, instead collecting VAT only on its commission, after a setback in a similar dispute with Bolt</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 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=a46230422b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US SEC filing: Vanguard marks down Ola's valuation to $1.25B, a drop of 80%+ from a 2021 peak of $7.3B, as the ride-hailing company loses market share in India</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Harsh Upadhyay / </span><span class="pub_name">Entrackr</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=bfee179b84&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How the three largest US gig economy companies, Lyft, DoorDash, and Uber, are aggressively expanding into Europe and Turkey through acquisitions</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>
<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;">
M&A
</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;">
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<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=1e09d88952&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Japan's NTT, which owns 57.7% of IT services provider and data center operator NTT Data, launches a $16.4B take-private tender offer to buy the remaining stake</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=9b24bd6fc2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Thoma Bravo invests $100M+ in HubSync, a Tennessee-based tax and accounting automation and client experience platform for accounting firms and tax professionals</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">FinSMEs</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=a9290e98db&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">US real estate analytics provider CoStar agrees to acquire Domain, an Australian property listings website that competes with News Corp's REA, for about $1.92B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Stuart Condie / </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=c7268e5871&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">ServiceNow agrees to acquire cloud-native data catalog and data governance startup Data.World, which had raised over $130M and was valued at $350M in 2022</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Rebecca Szkutak / </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=a088a51691&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Datadog acquires Eppo, which offers feature flagging and app experimentation tools, reportedly for $220M; Eppo had raised $47.5M and was valued at $80M in 2022</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyle Wiggers / </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;">
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;">
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<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=e32e84a7bc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: Tel Aviv-based AI21 Labs, which is building its own LLMs and launched an AI orchestration system in March, is raising a $300M Series D</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ben Bergman / </span><span class="pub_name">Business Insider</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=0c5229be40&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">London-based StackOne, which develops tech to integrate SaaS products and AI agents with enterprise systems more efficiently, raised a $20M Series A led by GV</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Vishal Singh / </span><span class="pub_name">Silicon Canals</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=06de584234&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amsterdam-based AppSignal, which develops an app monitoring tool that it says is used by 2,000+ organizations, raised a $22M Series A led by Elsewhere Partners</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mike Wheatley / </span><span class="pub_name">SiliconANGLE</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=eda3cd1474&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">TSOLife, whose software is in use in 1,300 senior living facilities in 47 US states, raised a $43M Series B led by PeakSpan, bringing its total funding to $52M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Erin Brodwin / </span><span class="pub_name">Axios</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;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=07354cde36&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Court filing: internal docs show Pornhub had 706,000 videos in May 2020 flagged for child rape or other problems, often not removed until flagged 16+ times</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Nicholas Kristof / </span><span class="pub_name">New York Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=87e863cc8f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with Whitney Wolfe Herd about returning as Bumble CEO, Tinder lawsuit, being bullish about using AI in dating apps, funding for female founders, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lulu Garcia-Navarro / </span><span class="pub_name">New York Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5d5a649cef&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with SAP CEO Christian Klein on data security, Databricks partnership, building a “social network for B2B”, positioning SAP as a neutral player, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ben Thompson / </span><span class="pub_name">Stratechery</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8fc7897dea&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with Sonos interim CEO Tom Conrad on the disastrous app redesign, the Ace headphones, subscriptions, the canceled video player, Google, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chris Welch / </span><span class="pub_name">The Verge</span>)</span>
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