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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;">Coinbase says hackers accessed a “small subset” of users' data, but not credentials, expects to incur $180M to $400M in costs, and refuses to pay a $2</span><!--<![endif]-->
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<td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Thu, May 15</td>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=72f13fbe3a&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=344fff2c77&e=06cea4a9e4" style="text-decoration: none;color: #004860;">CoinDesk Consensus (day 3)</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=387ab3e50b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Coinbase says hackers accessed a “small subset” of users' data, but not credentials, expects to incur $180M to $400M in costs, and refuses to pay a $20M ransom</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Niket Nishant / </span><span class="pub_name">Reuters</span>)</span>
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<span class="excerpt">Coinbase (COIN.O) forecast a hit between $180 million and $400 million … </span>
<span class="cite">(Niket Nishant / Reuters)</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=cdecb63cf7&e=06cea4a9e4" style="text-decoration: none;color: black;">@coinbase:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=331f8bbee8&e=06cea4a9e4" style="text-decoration: none;color: black;">Cyber criminals bribed and recruited rogue overseas support agents to pull personal data on <1% of Coinbase MTUs. No passwords, private keys, or funds were exposed. Prime accounts are untouched. We will reimburse impacted customers. More here: </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=af35a8284b&e=06cea4a9e4" style="text-decoration: none;color: black;">@qwqiao:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0e481706dc&e=06cea4a9e4" style="text-decoration: none;color: black;">was likely victim of this data breach. got a number of calls from scammers pretending to be coinbase. the scam roughly goes like this 1) they text/call u to tell u ur coinbase account got compromised 2) pretend to do a bunch of a personal info verification, including how much money u have ur the account (so they don't waste time with small accounts) 3) ask u to withdraw ur coins to coinbase self-custodial wallet 4) help u set up the coinbase wallet by giving u a seed phrase 5) once u've made the transfer take all ur coins (as they know the seed phrase) i called them out at the end of the call telling them they need to step up their game cuz this scam is retarded. they told me that had made $7m that day.</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=0d9a762ae9&e=06cea4a9e4" style="text-decoration: none;color: black;">@defisexbot:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=053f92ed03&e=06cea4a9e4" style="text-decoration: none;color: black;">@coinbase gotta hand it to these criminals that they were able to get ahold of coinbase customer support in the first place</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=8d6f744913&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: hackers bribed enough Coinbase customer service representatives to achieve effectively on-demand access to Coinbase customer information since January</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</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=89b9bcac12&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">President Trump says he told Tim Cook that “I don't want you building in India”, “India can take care of themselves”, and Apple will be “upping” US production</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">President Donald Trump said India … </span>
<span class="cite">(Bloomberg)</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=0d7c7a07c0&e=06cea4a9e4" style="text-decoration: none;color: black;">@acyn:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e57efac457&e=06cea4a9e4" style="text-decoration: none;color: black;">Trump: And I had a little problem with Tim cook yesterday... I said, Tim, look, we've treated you really good. We put up with all the plants that you built in China for years.. We're not interested in you building in India. India can take care of themselves. [video]</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=5ca144aade&e=06cea4a9e4" style="text-decoration: none;color: black;">@patrickmoorhead:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d9ec21009e&e=06cea4a9e4" style="text-decoration: none;color: black;">I've said many times that the administration would view Apple's move from China to India with disfavor, as hard as it is to build phones in the U.S. Just wait until they realize that the subassemblies are made in China for the phones assembled in India. $AAPL Link 👇🏻 [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=bf6380b584&e=06cea4a9e4" style="text-decoration: none;color: black;">@blitzkreigm:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=426424ab3a&e=06cea4a9e4" style="text-decoration: none;color: black;">And now Trump says: “Told Tim Cook to not manfacture in India, they can take care of themselves” Obviously he'd say that now - as a deal with China's in place and India is refuting US claims of brokering peace in the region.</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=217e867011&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with the FT's Patrick McGee on his new book, Apple in China, which examines Apple's role in enabling China's rise; Apple says it is “full of inaccuracies”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Issie Lapowsky / </span><span class="pub_name">Vanity Fair</span>)</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=8461c33f98&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta has delayed the rollout of its Behemoth LLM, internally slated for an April release, to fall or later after struggling to improve its capabilities</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span>
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<span class="excerpt">The company's struggle to improve the capabilities of latest AI model mirrors issues at some top AI companies</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=c8e815ea38&e=06cea4a9e4" style="text-decoration: none;color: black;">@emostaque:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=68359dcd96&e=06cea4a9e4" style="text-decoration: none;color: black;">It's hard to build sota, we should give the llama team a lot of slack on that What's really disappointing though is that the version of Llama 4 we have doesn't seem to match the initial evals, can't understand that</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=31ee321e44&e=06cea4a9e4" style="text-decoration: none;color: black;">@kalomaze:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2624d48c92&e=06cea4a9e4" style="text-decoration: none;color: black;">maybe they should have considered making the smaller models good first</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=1e79937505&e=06cea4a9e4" style="text-decoration: none;color: black;">@shakeelhashim:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bb634e396d&e=06cea4a9e4" style="text-decoration: none;color: black;">Increasingly hard to make the case that Meta is a frontier AI company.</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=f0df5f19dd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple rolls out CarPlay Ultra, the next generation of CarPlay, in new and existing Aston Martins in North America after months of delays, before a wider rollout</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Benjamin Mayo / </span><span class="pub_name">9to5Mac</span>)</span>
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</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=4c22ca4b1c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The EU provisionally finds that TikTok breached the DSA by failing to offer a publicly searchable ad library, and could fine it up to 6% of its global revenue</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Barbara Moens / </span><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=327f0522d6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Coinbase says it is working with the US SEC to resolve an investigation into whether it misstated its user numbers by reporting 100M+ “verified users” in 2021</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=1e43e5f782&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zach Vallese / </span><span class="pub_name">CNBC</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=b0b4bb25e5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">YouTube unveils Peak Points, a pilot Gemini feature for targeting ads after viewers are most engaged with a video, aiming for more impressions and a higher CTR</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zach Vallese / </span><span class="pub_name">CNBC</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=fd8cde6401&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Neal Mohan says the monetization rate of Shorts hit parity with core YouTube in the US and multiple other countries, and Shorts viewing grew 20% YoY in Q1 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Todd Spangler / </span><span class="pub_name">Variety</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=157d53f688&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">YouTube previews new ad formats coming to the platform, including an enhanced shoppable connected TV offering that has an interactive product feed on the right</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lauren Forristal / </span><span class="pub_name">TechCrunch</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=277fc4a660&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple places red exclamation mark warnings on EU App Store listings for apps using third-party payment systems, not Apple's “private and secure payment system”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jess Weatherbed / </span><span class="pub_name">The Verge</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=a51401beda&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple says a warning on EU App Store listings for apps with no IAP has been live since March 2024, and the EU told it to hold off on tweaks that Apple proposed</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>
</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=3eaff3c7ba&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Belgian Court of Appeal rules that the Transparency & Consent Framework, used by Google, Microsoft, Amazon, X, and the ad industry, is illegal across Europe</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Johnny Ryan / </span><span class="pub_name">Irish Council for Civil Liberties</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=d56fba3a8e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How the US conducted a monthslong campaign to push The Gambia and at least four other developing nations to license Starlink; diplomats call the events alarming</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">ProPublica</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=a1278eba72&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Filing: CoreWeave secures a deal worth $4B to provide cloud computing capacity to OpenAI through 2029, on top of a nearly $12B deal announced before its IPO</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=34b5de7bd6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI launches the “Safety evaluations hub”, a webpage showing how its models score on tests for harmful content generation, jailbreaks, and 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=776b80c74b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Filing: Anthropic apologizes after one of its expert witnesses cited a fake article hallucinated by Claude in the company's legal battle with music publishers</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </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=89bb01cf5c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jon Victor / </span><span class="pub_name">The Information</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=20260b71c6&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Open letter: SoundCloud CEO Eliah Seton says a 2024 TOS update was not intended to allow AI training on user content; SoundCloud revised the wording on May 14</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Stuart Dredge / </span><span class="pub_name">Music Ally</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=0644f3ab83&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">IFI Claims: Google passes IBM to become the US leader in generative AI-related patent applications; Google and Nvidia lead agentic AI patent filings globally</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ina Fried / </span><span class="pub_name">Axios</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=7339153b76&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: in the past two months, Chinese officials told some top local tech companies that China will more actively oversee their AI data centers and AI chips</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Qianer Liu / </span><span class="pub_name">The Information</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=94f91eedbd&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Windsurf launches SWE-1, its first family of software engineering AI models, claiming its largest model matches Claude 3.5 Sonnet, GPT-4.1, and Gemini 2.5 Pro</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </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=f7ae4e70ce&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How the Mayo Clinic uses AI to boost efficiency and amplify human abilities in its radiology department, which has an AI team of 40 people and 400+ radiologists</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steve Lohr / </span><span class="pub_name">New York 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;">
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=1d8bf33d94&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 279% to ~$1.7B, partly due to its equity investment gains; BABA drops 5%+</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=02323c36ae&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Take-Two reports Q4 net bookings up 17% YoY to $1.58B, vs. $1.55B est., net revenue up 13% YoY to $1.58B, and forecasts FY 2026 net bookings below expectations</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jason Schreier / </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;">
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=236ac98e0c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Threads now lets users add up to five links to their profile bios and rolls out analytics tools to track clicks on profile links and links shared in posts</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=3c9f12ec45&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Pinterest apologizes for a recent wave of mass account bans, saying “an internal error led to over-enforcement”</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>
<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=8ce42e6fcf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Pathos AI, which uses AI to develop oncology drugs, raised a $365M Series D at a $1.6B valuation, bringing its total funding to $467M, per PitchBook</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Katherine Davis / </span><span class="pub_name">Axios</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=fd60f50ba9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Akido Labs, which makes AI assistants for doctors to improve patient treatment efficiency, raised a $60M Series B led by Oak HC/FT</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Madeline Renbarger / </span><span class="pub_name">Newcomer</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=a1ad658408&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Cognichip, which is building a physics-informed foundational AI model to develop new chips, emerges from stealth with a $33M seed led by Lux and Mayfield</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=e756a6003f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Samaya AI, which is building AI models that assist financial analysts, raised a $43.5M Series A led by NEA; Eric Schmidt, Yann LeCun, and others also invested</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jeremy Kahn / </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=1d09638f6d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Hedra, which offers a web-based video generation and editing suite powered by its Character-3 model, raised a $32M Series A led by a16z, following a $10M seed</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ivan Mehta / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
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infosec
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2e4f394bba&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Hacking group DragonForce says it stole UK retailer Co-op's customer data but couldn't deploy ransomware because Co-op quickly shut down its systems, unlike M&S</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joe Tidy / </span><span class="pub_name">BBC</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=f469eab33a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Proofpoint agrees to acquire German company Hornetsecurity, which specializes in managed cloud-based email security services, for $1B+, set to close in H2 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Browne / </span><span class="pub_name">CNBC</span>)</span>
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</div>
</div>
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<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
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4f978a5ee4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Docs: Microsoft's recent layoffs of 6,000 workers hit software engineers the hardest, making up 40%+ of the ~2,000 positions cut in its home state of Washington</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2653e4a922&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Lidar manufacturer Luminar says that founder and CEO Austin Russell resigned following an ethics inquiry and appoints former Nuance CEO Paul Ricci as its CEO</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>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8a2fa3c383&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta promotes Benjamin Joe, its longtime VP for Southeast Asia, to VP of Asia Pacific and expands India VP Sandhya Devanathan's role to include Southeast Asia</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Newley Purnell / </span><span class="pub_name">Bloomberg</span>)</span>
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more news
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=47a950653e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Huione Guarantee, a Telegram-based black market for crypto scammers and money launderers that enabled $27B+ in transactions, shuts down after mass account bans</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Andy Greenberg / </span><span class="pub_name">Wired</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=577363032d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Spark Capital gained ~$530M this week when eToro went public; Spark was eToro's largest shareholder at its IPO, with a ~13% stake after investing ~$19M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Katie Roof / </span><span class="pub_name">Bloomberg</span>)</span>
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<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>
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<a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0a57aea47c&e=06cea4a9e4" style="text-decoration: none;">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=417272afdb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Xiaomi CEO Lei Jun unveils the XringO1, the company's first self-developed mobile chip, for its high-end devices, coming in late May, without giving any details</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</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=bb34e92259&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Motorola Razr Ultra review: one of the best smartphone designs, great battery life, and a useful outer screen, but a useless AI button and durability concerns</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Allison Johnson / </span><span class="pub_name">The Verge</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3d0c84c1a8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Roblox rolls out tools to let eligible creators sell physical items from their games via its Commerce APIs, working with Shopify, its first “integrated partner”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jay Peters / </span><span class="pub_name">The Verge</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=84469d5e44&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Analysis: the US government canceled 1,400+ scientific research grants worth $1B+, including many to study online misinformation, claiming to protect the 1A</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Steven Lee Myers / </span><span class="pub_name">New York Times</span>)</span>
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<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=bab22806ab&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: DOJ is conducting a criminal antitrust probe into whether Live Nation and AEG illegally colluded on concert refunds at the start of the COVID pandemic</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=faa5918ae3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Analysis: the average cost of 98 products tracked on Shein in the US fell ~13% from a peak of $6.38 on May 7 to $5.56; Shein sent a price drop alert to US users</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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