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May 7, 2024, 10:45 AM
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Top News

Apple on YouTube:
A recording of Apple's “Let Loose” event  —  Join us for a special Apple Event on May 7 at 7 a.m. PT. Set a reminder now and we'll send you an update before showtime.
Zac Hall / 9to5Mac:
Apple announces new $599+ 11" and $799+ 13" iPad Airs, featuring the M2 chip and landscape front cameras, available in four colors, available next week  —  Apple has officially unveiled the all-new iPad Air 6.  For the first time, the iPad Air comes in two sizes: 11-inch and 13-inch.
Takashi Mochizuki / Bloomberg:
Nintendo President Shuntaro Furukawa says the company will announce Switch's successor this fiscal year; Nintendo has sold 141M+ units since Switch's 2017 debut  —  - Company missed profit estimates for the March quarter  — Outlook falls shy of expectations as flagship console ages
Wall Street Journal:
Sources: Apple has been working on its own chip designed to run AI software in data center servers; the project is internally codenamed Project ACDC  —  The company is leaning on its long history of chip development in the effort, code-named Project ACDC  —  Apple has been working …
Chris Welch / The Verge:
Apple announces new 11" and 13" iPad Pros, with M4, an OLED “Ultra Retina XDR” display with up to 1,600 nits of brightness, and new 5.1mm and 5.3mm thin designs  —  At its “Let Loose” virtual event this morning, Apple introduced its long-awaited iPad Pro updates.
New York Times:
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a ~$150M crypto bribe request, prior to his arrest  —  A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
Sky News:
Sources: China has hacked a payroll system used by the UK's Ministry of Defence, targeting service personnel; names and bank details have been exposed  —  MPs will be told on Tuesday of a massive data breach involving the Ministry of Defence, targeting service personnel.
The Verge:
Apple announces M4, a new chip focused on improving AI-related tasks, featuring up to 4x faster GPU performance than the M2 and 50% faster CPU than M2  —  At its “Let Loose” event on Tuesday, Apple announced its M4 chip will be coming to its next generation of devices, starting with the iPad Pro.
Dan Goodin / Ars Technica:
Researchers detail an attack against many VPN apps that force them to send some or all traffic outside of the VPN encrypted tunnel; Android mitigates the flaw  —  TunnelVision vulnerability has existed since 2002 and may already be known to attackers.  —  Researchers have devised an attack …
Aisha S Gani / Bloomberg:
UK banking app Revolut launches Revolut X, a crypto trading service to let “experienced traders” buy and sell 100+ different tokens, with 0% to 0.09% fees  —  The new platform, called Revolut X, will allow “experienced traders” to buy and sell over 100 different tokens, according to a statement on Tuesday.
Kyle Alspach / CRN:
Google Cloud unveils Google Threat Intelligence, which uses Gemini and combines insights from Mandiant, VirusTotal, and Google to provide faster protection  —  Launched at RSAC 2024, the new Google Threat Intelligence offering provides faster protection against threats by combining insights from Mandiant …
Rick Claypool / Public Citizen:
OpenSecrets: crypto sector-backed super PACs have raised $102M+ so far, the third-most of 2024 election PACs, including $54M from companies like Coinbase  —  Key Findings  — Super PACs backed by the cryptocurrency sector have raised more than $102 million, the third-most of all super PACs engaged …
Ben Lovejoy / 9to5Mac:
Apple announces an Apple Pencil Pro, adding a squeeze gesture, haptic feedback, Find My support, and more, available for $129, the same as Pencil 2  —  Alongside the new iPads, a new Apple Pencil Pro has been announced, priced at $129 - the same price as the Pencil 2.
Mike Butcher / TechCrunch:
UK-based Wayve, which is developing a self-learning system for autonomous driving, raised a $1.05B Series C led by SoftBank, the UK's largest AI fundraise ever  —  Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving …
Katrina Manson / Bloomberg:
Microsoft deploys a generative AI model entirely divorced from the internet, saying US intel agencies can now harness the tech to analyze top secret information  —  - Product went live Thursday after overhauling a supercomputer  — US spy agencies are keen to harness generative AI technology

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From Mediagazer

Anna Marie de la Fuente / Variety:
NBC News launches its 24/7 streaming service NBC News Now in Latin America in two of its biggest markets, Mexico and Brazil

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

More News

David E. Sanger / New York Times:
US and Chinese diplomats plan to meet later in May to find common ground on AI usage and situations where AI should be banned, like controlling nuclear arsenals
Associated Press:
A look at Campaign Nucleus, an AI company from ex-Trump campaign manager Brad Parscale, who says its AI can generate emails, gauge voter sentiment, and more

Earlier Picks

Forbes:
A look at the trademark dispute over the name AGI House between two rival hacker houses, one in Hillsborough and the other in Twin Peaks in the Bay Area
Reuters:
Synopsys agrees to sell its Software Integrity Group business to a private equity consortium led by Clearlake and Francisco Partners, in a deal valued at $2.1B
Ben Dickson / VentureBeat:
A study by Meta researchers suggests that training LLMs to predict multiple tokens at once, instead of just the next token, results in better and faster models
Kyle Wiggers / TechCrunch:
Stack Overflow signs a deal with OpenAI to supply data to its models; new integrations between Stack Overflow and OpenAI should be available by the end of June
Aoyon Ashraf / CoinDesk:
Filing: Robinhood's crypto arm got a Wells notice from the US SEC on May 4; on June 27, 2023, Robinhood ended support for tokens named in previous SEC lawsuits
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