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Ben Jiang / South China Morning Post: New

DeepSeek quietly open-sources Prover-V2 AI, a math-focused, 671B-parameter model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3

Rashi Shrivastava / Forbes: 39 mins ago

Identity verification startup Persona, which has 3,000+ clients, raised a $200M Series D led by Ribbit at a $2B valuation, taking its total funding to $417M

Financial Times: 55 mins ago

Sources: Shein is exploring ways to restructure its US business if Trump sticks with punitive tariffs on Chinese imports; the de minimis exemption closes May 2

Sarah Jacob / Bloomberg: 2½ hours ago

Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5%

Financial Times: 2½ hours ago

Microsoft President Brad Smith says the company would take the US to court if necessary to protect European customers' “continuity of access” to its services

Jason Schreier / Bloomberg: 3 hours ago

EA says it laid off staff and canceled “two early-stage incubation projects”; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall game

Financial Times: 3 hours ago

Sources: Huawei has sold 10+ sets of its AI chip cluster CloudMatrix 384, including to data centers that serve Chinese tech companies, in a bid to rival Nvidia

Martin Young / Cointelegraph: 3½ hours ago

Filing: PayPal says the US SEC concluded its investigation into PayPal USD stablecoin in February 2025 “without enforcement action”

Song Jung-a / Financial Times: 4 hours ago

Samsung says that “growing policy risks” would increase uncertainty for its chip business, while tariffs would raise prices for smartphone components and TVs

Yuan Gao / Bloomberg: 4 hours ago

Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing

Financial Times: 4½ hours ago

The US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster may set the tone for how the Trump administration approaches competition policy

Axios: 6 hours ago

IAB: full-time US digital creator jobs grew from 200,000 in 2020 to 1.5M in 2024; the internet-supported economy accounts for 18% of US GDP, up from 2% in 2008

Emily Nicolle / Bloomberg: 6 hours ago

Beauhurst: UK equity crowdfunding, once one of fintech's hottest trends, fell 58% from its 2021 peak to £335M in 2024, and dropped ~60% YoY in Q1 2025 to £42.6M

James Hale / Tubefilter: 6 hours ago

Streams Charts: YouTube was the most-watched livestreaming platform in Q1 2025, with 50% of total watch hours, followed by TikTok with 27% and Twitch with 16%

Kyle Wiggers / TechCrunch: 7 hours ago

Online graphic design platform Freepik unveils F Lite, a 10B-parameter “open” AI image model that it says was trained on ~80M licensed, “safe-for-work” images

Jane Lanhee Lee / Bloomberg: 8 hours ago

TSMC begins building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site

Maxwell Zeff / TechCrunch: 8 hours ago

At LlamaCon, Satya Nadella says 20% to 30% of code in Microsoft's repositories was AI-written, and Microsoft was seeing more progress in Python and less in C++

The Cloudflare Blog: 8 hours ago

In Q1 2025, Cloudflare blocked 20.5M DDoS attacks, a 358% YoY increase, and in Q2 it blocked an attack with by far the most intense packet rate on record

Maxwell Zeff / TechCrunch:

At LlamaCon, Satya Nadella says 20% to 30% of code in Microsoft's repositories was AI-written, and Microsoft was seeing more progress in Python and less in C++

Kyle Wiggers / TechCrunch:

OpenAI says GPT-4o's latest update is “now 100% rolled back” for free ChatGPT users and is rolling back for paid users, in a bid to fix the model's sycophancy

Jason Schreier / Bloomberg:

EA says it laid off staff and canceled “two early-stage incubation projects”; sources say EA cut 300 to 400 roles and its Respawn unit canceled a Titanfall game

Yuan Gao / Bloomberg:

Xiaomi unveils open-source AI reasoning model MiMo, joining other Chinese tech leaders hoping to make a splash in the burgeoning AI field endorsed by Beijing

Reuters:

Samsung reports Q1 revenue up 10% YoY to ~$55.4B, operating profit up 1.2% YoY to ~$4.68B, and chip division operating profit down 42% YoY to ~$770M

Jane Lanhee Lee / Bloomberg:

TSMC begins building a third fab in Arizona, announcing the third phase of its US expansion the same day Commerce Secretary Howard Lutnick toured TSMC's site

Mark Gurman / Bloomberg:

Sources: Apple reorganizes its global affairs unit, including management of the government teams for Europe and Asia, and Apple Music's leadership structure

Sarah Perez / TechCrunch:

Appfigures: Google Play now hosts ~1.8M Android apps, down 47% from ~3.4M at the start of 2024, likely due to raising minimum quality requirements in July 2024

Financial Times:

Microsoft President Brad Smith says the company would take the US to court if necessary to protect European customers' “continuity of access” to its services

Jennifer Elias / CNBC:

Waymo and Toyota announce a preliminary partnership aiming to develop a new autonomous vehicle platform and enhance next-generation personally owned vehicles

Martin Young / Cointelegraph:

Filing: PayPal says the US SEC concluded its investigation into PayPal USD stablecoin in February 2025 “without enforcement action”

Financial Times:

Sources: Huawei has sold 10+ sets of its AI chip cluster CloudMatrix 384, including to data centers that serve Chinese tech companies, in a bid to rival Nvidia

Jagmeet Singh / TechCrunch:

An Indian court directs the government to block Proton Mail after a local firm alleged its staff received emails containing obscene content sent via the service

CNBC:

Snap reports Q1 revenue up 14% YoY to $1.36B, vs. $1.35B est., $2.96 ARPU, vs. $2.93 est., and 460M DAUs, but declines to provide Q2 guidance; SNAP drops 13%+

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