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April 24, 2025, 8:25 AM
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Top News

European Commission:
The European Commission says that Meta's Facebook Marketplace should no longer be designated under the DMA, citing fewer than 10,000 business users in 2024  —  Today, the European Commission found that Apple breached its anti-steering obligation under the Digital Markets Act (DMA) …
Reuters:
The White House says that the EU's €500M fine on Apple and €200M fine on Meta are a “novel form of economic extortion” that the US will not tolerate  —  The White House said on Wednesday that fines on Apple (AAPL.O) and Meta Platforms (META.O) by the European Union were a …
Bloomberg:
President Trump will have dinner with the top 220 holders of the TRUMP memecoin on May 22, according to the memecoin's website; TRUMP jumps 50%+  —  President Donald Trump will have dinner with the top 220 holders of the Trump memecoin, the issuers of the cryptocurrency announced on Wednesday.
Ivan Mehta / TechCrunch:
Adobe unveils its Firefly Image Model 4 and Model 4 Ultra, launches a redesigned Firefly web app, is testing a new Adobe Content Authenticity web app, and more  —  Adobe on Thursday launched the latest iteration of its Firefly family of image generation AI models, a model for generating vectors …
Sarah Perez / TechCrunch:
İFÖD: Bluesky restricted access to 72 accounts in Turkey at the government's request; the accounts are available on third-party apps using the AT Protocol  —  Government censorship has found its way to Bluesky, but there's currently a loophole thanks to how the social network is structured.
Dean Takahashi / VentureBeat:
Discord co-founder and CEO Jason Citron is stepping down, replaced by Humam Sakhnini effective April 28; Citron will stay on the board and become a CEO advisor  —  Jason Citron is stepping down as CEO of Discord and he has hired game veteran Humam Sakhnini as the new CEO.
Leah Nylen / Bloomberg:
US v. Google: a Perplexity executive says Google's contract with Motorola blocked Perplexity from being the default AI assistant on new Motorola devices
Victoria Song / The Verge:
Hands-on with Cluely's “cheat on everything” tool: the AI can't intuit what the user needs despite being given prior context and takes long to give a response  —  Tech evangelists have been yammering about “working smarter, not harder” for years.
Stephanie Lai / Bloomberg:
Trump signs an EO to boost AI education and workforce training, and establishes an AI education task force led by White House OSTP Director Michael Kratsios  —  President Donald Trump signed an executive action to boost artificial intelligence education and workforce training …
Kyle Wiggers / TechCrunch:
OpenAI brings ChatGPT's new image generator tech to its API, for $5 per 1M text input tokens, $10 per 1M image input tokens, and $40 per 1M image output tokens  —  OpenAI on Wednesday brought the tech behind its new and improved image generation feature in ChatGPT to its API …
Jordan Novet / CNBC:
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+  —  IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday.  The stock slipped 2% in extended trading.  —  Here's how the company performed:
Larry Dignan / Constellation Research:
Microsoft's 2025 Work Trend Index report, based on a survey of 31,000 people, argues that “Frontier Firms” utilizing agentic AI as digital workers are emerging  —  As enterprises adopt AI agents and digital workers, companies' success may depend on the human-agent ratio and how workflows are managed.
Ryan Browne / CNBC:
Revolut reports 2024 revenue up 72% YoY to £3.1B, net profit up 149% YoY to £1.1B, and wealth unit revenue up 298% YoY to £506M; its loan book grew 86% to £979M  —  LONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time …
Dan Milmo / The Guardian:
Ofcom outlines 40+ child safety measures for websites and apps to introduce from July 2025 or face large fines under the Online Safety Act, including age checks  —  Companies will be legally required to block children's access to harmful content under UK's Online Safety Act or face large fines
Rebecca Bellan / TechCrunch:
Tesla says it has started testing its autonomous ride-hailing service with employees in Austin and the Bay Area, and has completed 15,000 miles of driving  —  Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company's planned robotaxi launch this summer.
RT Watson / The Block:
Interfax: Russia's Central Bank and Finance Ministry plan to launch a crypto exchange for “highly qualified investors” under an experimental legal regime  —  - Russia's Central Bank and Finance Ministry will launch a crypto exchange for “highly qualified investors,” according to Russian news agency Interfax.
Naomi Nix / Washington Post:
Meta's Oversight Board rules that two posts disparaging trans women are not hate speech, in the first major test since Meta weakened its rules in January 2025  —  Meta's top public policy officials issued an unexpected warning last year to the company's Oversight Board: Two upcoming cases …
Andrew Cunningham / Ars Technica:
Framework Laptop 13 review: a matte 3:2 display, AMD's Ryzen AI CPU is the Laptop 13's fastest ever, and Copilot+, but some glitchiness and poor battery life  —  With great power comes great responsibility and subpar battery life.  —  At this point, the Framework Laptop 13 is a familiar face, an old friend.
Forums: Ars OpenForum

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From Mediagazer

Wall Street Journal:
Sources: Paramount has offered $15M to settle with Trump; Trump's team wants more than $25M, is seeking an apology from CBS News, and threatened another lawsuit

Ben Johansen / Politico:
Sources: all 800 full-time VOA staff are expected to receive reduction-in-force notices this week, after ~600 VOA contractors were dismissed earlier in May

Brian Steinberg / Variety:
Memo: David Leavy, who became CNN's COO in 2023, is leaving; sources say the longtime key lieutenant of David Zaslav is returning to Warner Bros. Discovery

More News

Umar Shakir / The Verge:
Perplexity's iOS app enables support for the company's conversational AI voice assistant, letting users ask the chatbot to write emails, set reminders, and more
Dylan Butts / CNBC:
SK Hynix reports Q1 revenue up 42% YoY to ~$12.4B, vs. ~$12.1B est, and operating profit up 158% YoY to ~$5.2B, vs. ~$4.6B est., on demand for its HBM chips
Bloomberg:
TSMC plans to begin production with its A14 fabrication process in 2028 and an intermediary A16 chip process in late 2026

Earlier Picks

Jennifer Elias / CNBC:
Internal documents: several Google units have notified remote workers that their jobs will be in jeopardy if they don't show up at the office three days a week
Sri Muppidi / The Information:
Documents: OpenAI told investors it expects revenue of $125B in 2029 and $174B in 2030, with sales from agents and other products exceeding those from ChatGPT
More: CTech and PYMNTS.com
Bluesky: @edzitron.com.  X: @bantg, @emollick, @rick_zullo, and @pitdesi.  Forums: Slashdot
Stuart A. Thompson / New York Times:
Analysis: three X users who used to receive hundreds of thousands of views daily have seen their reach collapse after feuding with Elon Musk in December 2024
Andrew Liszewski / The Verge:
Meta rolls out live translations and other AI features to all Ray-Ban smart glasses, unveils new color lens combos, and plans an India, Mexico, and UAE debut
Sarah Perez / TechCrunch:
Meta says it is opening Threads to all advertisers worldwide, but ads will only appear in select markets at launch, after testing ads in the US and Japan
Lawrence Bonk / Engadget:
WhatsApp rolls out Advanced Chat Privacy, a new opt-in tool to block participants from sharing the contents of a conversation in traditional chats and groups
Chris Welch / The Verge:
Roku updates its $30 Streaming Stick and $40 Streaming Stick Plus, saying they are “the most compact sticks on the market”, and unveils new software updates
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