11:05 PM • | Scharon Harding / Ars Technica: Broadcom is sending cease-and-desist letters to owners of VMware perpetual licenses with expired support contracts, to push them to buy VMware product bundles |
9:30 PM • | Karissa Bell / Engadget: Meta brings its Account Status feature to Threads, letting users see when the company has removed or demoted their posts or handed out other account penalties |
9:00 PM • | Michael Nuñez / VentureBeat: Alibaba researchers detail ZeroSearch, a technique that allows LLMs to develop advanced search capabilities via simulation, claiming it cuts costs by up to 88% |
8:00 PM • | Chris Cameron / New York Times: Trump threatens to end the Digital Equity Act, a Biden-era law aimed at expanding high-speed internet access, calling it “racist” and “totally unconstitutional” |
7:30 PM • | Reinhardt Krause / Investor's Business Daily: Cloudflare reports Q1 revenue up 27% YoY to $479.1M, vs. $469.3M est., and forecasts Q2 revenue of $500M to $501M, vs. $500.4M est.; NET jumps 5%+ |
6:30 PM • | Washington Post: Senate hearing: Sam Altman says that requiring government approval to release AI would be “disastrous” for the US' lead in AI, a reversal from his 2023 comments |
5:30 PM • | Kirsten Korosec / TechCrunch: US SEC filing: Sterling Anderson, CPO and co-founder of self-driving truck startup Aurora, is resigning effective June 1, and will leave the board on August 31 |
5:15 PM • | Helene Braun / CoinDesk: Coinbase Q1: revenue up 23% YoY to $2B, vs. $2.1B est., net income down 94% YoY to $66M, trading volume up 26% YoY to $393B, and $0.24 EPS, vs. $1.93 est. |
4:40 PM • | MacKenzie Sigalos / CNBC: Affirm reports Q3 revenue up 36% YoY to $783M, vs. $783M est., GMV up 36% YoY to $8.6B, above $8.2B est., and forecasts Q4 revenue below est.; AFRM drops 5%+ |
4:35 PM • | Akash Sriram / Reuters: Lyft reports Q1 revenue up 14% YoY to $1.45B, vs. $1.47B est., and increases its share buyback program to $750M after activist pressure; LYFT jumps 20%+ |
4:30 PM • | Samantha Subin / CNBC: Palantir's valuation hit $281B after its shares closed up 7.85% on May 8, surpassing Salesforce and joining the top 10 largest US tech companies by market cap |
4:23 PM • | Jonathan Vanian / CNBC: Pinterest reports Q1 revenue up 16% YoY to $855M, vs. $847M est., MAUs up 10% YoY to 570M, and forecasts Q2 revenue above estimates; PINS jumps 10%+ |
3:45 PM • | Chris Dolmetsch / Bloomberg: A US judge sentences Celsius founder and former CEO Alex Mashinsky to 12 years in prison, after he pleaded guilty to commodities fraud and misleading investors |
3:25 PM • | Paige Smith / Bloomberg: Memo: the US CFPB discontinues its order designating the supervision of Google Payment, saying the Biden-era decision is “an unwarranted use” of its powers |
3:15 PM • | Fortune: Sources: Meta is talking to crypto firms about introducing stablecoins for managing payouts, and in January 2025 hired a VP of product with crypto experience |
3:05 PM • | Steven T. Dennis / Bloomberg: Senate Democrats block the Genius Act for stablecoins after Republicans rebuffed barring Trump and others from profiting off of crypto ventures while in office |
2:30 PM • | Sarah Perez / TechCrunch: Meta says it will start testing video ads on Threads with a “small number” of advertisers, and “Reels trending ads”, which will be shown next to trending Reels |
1:45 PM • | Chris Vallance / BBC: The Wikimedia Foundation says it is taking legal action to challenge the UK's Online Safety Act, saying it could threaten the safety of its volunteer editors |
1:35 PM • | Aisha Malik / TechCrunch: Google rolls out AI-powered defenses to help combat scams on Chrome, including by using Gemini Nano, its on-device LLM, in Enhanced Protection mode on desktop |
1:00 PM • | Mark Gurman / Bloomberg: Sources: Apple aims to have TSMC mass produce a chip for its smart glasses, with greater power efficiency and multi-camera control, by end of 2026 or in 2027 |
12:55 PM • | Gaby Del Valle / The Verge: A federal judge in Florida dismisses most claims against celebrities who endorsed FTX, ruling that they were “uninformed” and “reckless” but not fraudulent |
12:50 PM • | Paul Sandle / Reuters: The UK says the Digital Services Tax remains unchanged under the trade deal agreed between the US and the UK, both of which will work on a “digital trade deal” |
12:20 PM • | Riley Griffin / Bloomberg: Robert Fergus, who co-founded FAIR with Yann LeCun in 2014, will lead Meta's Fundamental AI Research lab, succeeding Joelle Pineau |
12:15 PM • | Marina Temkin / TechCrunch: Sales automation startup Clay lets staff with 1+ year of tenure sell shares in a tender led by Sequoia at a $1.5B valuation, up from $1.25B in January 2025 |
11:55 AM • | Tanaya Macheel / CNBC: Bitcoin jumps above $100,000 for first time since February 2025, after President Trump announced a US-UK trade agreement; ether, dogecoin, and solana rose 9%+ |
11:40 AM • | Ernie Smith / Fast Company: An interview with Gumroad CEO Sahil Lavingia about working as an unpaid contractor for DOGE, moving the Gumroad code base to the MIT license, and more |
10:45 AM • | Washington Post: Analysis: 67K+ new or small-time crypto investors bought the $TRUMP memecoin but 80% of them bought near the coin's peak and saw their holdings' value nosedive |
9:41 AM • | Lauren Thomas / Wall Street Journal: Coinbase agrees to acquire Dubai-based Deribit, the world's biggest trading platform for BTC and ETH options, for ~$2.9B, split as $700M in cash and 11M shares |
9:02 AM • | David Wallace-Wells / New York Times: Q&A with Bill Gates on closing the Gates Foundation on December 31, 2045, donating ~$200B, President Trump, Elon Musk, AI drug discovery, AI advances, and more |
8:40 AM • | Victoria Kennedy / Eurogamer.net: Palworld developer Pocketpair says a 2024 update was due to “ongoing litigation” and a new update is “yet another compromise”, as it disputes Nintendo's claims |
8:15 AM • | Natalie Lung / Bloomberg: Match says it will cut 13% of its staff and reports Q1 revenue down 3% YoY to $831M, above est., and paying users down 5% to 14.2M, below est.; MTCH drops 9.6% |
7:55 AM • | Reuters: SMIC reports Q1 revenue up 28.4% YoY to $2.2B, vs. $2.3B est., profit up 161.9% YoY to $188M, vs. $222.4M est., and says H2 has “opportunities and challenges” |
7:45 AM • | Lawrence Abrams / BleepingComputer: The LockBit ransomware gang has suffered a data breach, with 59,975 BTC addresses and 4,442 negotiation messages leaked, and posted on its dark web site |
7:30 AM • | Spencer Soper / Bloomberg: Shopify reports Q1 revenue up 27% YoY to $2.36B, above $2.34B est., and GMV up 23% YoY to $74.75B, as investors struggle to determine the trade war's impact |
7:10 AM • | Yuri Kageyama / Associated Press: Nintendo reports FY 2024-25 revenue down 30% YoY to ~$8B, profit down 43% YoY to ~$1.9B, and says the Switch has 128M+ players globally eight years after launch |
6:25 AM • | Bloomberg: Analysis: ~66% of US data center projects built or in development since 2022 are in areas with high water stress, with five states having 72% of new facilities |
6:10 AM • | Dana Hull / Bloomberg: Memphis says xAI is using Tesla's 150MW Megapack batteries to shore up its Colossus supercomputer; xAI spent ~$230M on them from January 2024 to February 2025 |
5:55 AM • | Andrew Webster / The Verge: Rockstar says its second Grand Theft Auto VI trailer was “captured entirely in-game from a PlayStation 5, comprised of equal parts gameplay and cutscenes” |
5:40 AM • | Rebecca Bellan / TechCrunch: Reddit CEO Steve Huffman says Reddit will work with “various third-party services” to verify a user's humanity, after an unauthorized AI persuasion experiment |
4:55 AM • | Danny Park / The Block: The US OCC says banks can buy and sell customers' crypto assets on their behalf and can outsource crypto custody and trade execution services to third parties |
4:40 AM • | Financial Times: The European Commission is facing pressure from member states, led by Ireland, to force Google, Meta, and others to vet financial ads on social media for scams |
4:25 AM • | Takashi Mochizuki / Bloomberg: Nintendo projects Switch 2 sales will reach 15M units for the fiscal year ending March 2026, below 16.8M est., and ~$2.2B in annual operating profit, below est. |
4:15 AM • | Mike Isaac / New York Times: OpenAI says board member Fidji Simo will lead its business and operations teams in her new role as CEO of Applications, overseeing sales, marketing, and finance |
4:05 AM • | Bloomberg: Source: Fidji Simo will oversee several OpenAI executives who previously reported to Altman, including COO Brad Lightcap, CFO Sarah Friar, and CPO Kevin Weil |
3:55 AM • | Maggie Harrison / Futurism: How “AI slop farmer” Jesse Cunningham targets older women on Pinterest and Facebook with AI-generated copies of content from real bloggers and creators |
3:35 AM • | Tobias Mann / The Register: IBM survey of 2,000 CEOs from 33 countries: 25% of AI initiatives have delivered the expected ROI over the past few years, and 16% have scaled enterprise wide |
2:55 AM • | Simon Hill / Wired: A look at Silence Speaks, a British startup that has built an AI-powered sign language avatar capable of accurately translating text to British Sign Language |
2:45 AM • | Charlotte Yang / Bloomberg: The Taiwan dollar's sharpest rally against the US dollar in nearly 40 years raises concerns about the competitiveness and earnings of Taiwanese tech companies |
2:30 AM • | Kevin Purdy / Ars Technica: An interview with curl project founder Daniel Stenberg, who likens “AI slop” in HackerOne submissions to a DDoS attack, echoing Seth Larson and others' concerns |
1:40 AM • | Fidji Simo / Instacart Corporate Blog: Instacart CEO Fidji Simo tells employees that she is leaving in a couple of months, the new CEO will be a management team member, and she will stay on as Chair |
1:35 AM • | OpenAI: OpenAI hires Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman, who says he will remain CEO and focus on research, compute, and safety |
1:26 AM • | Sam Altman / @sama: so excited that @fidjissimo is joining openai in a new role: ceo of applications, reporting to me. i'll remain ceo of openai, but in this new configuration i'll be able to increase my focus on research, compute, and safety. these are critical as we approach superintelligence. |
1:15 AM • | David Shepardson / Reuters: Prepared testimony: Microsoft and other AI leaders urge US senators to streamline federal AI energy permits and open more government datasets for AI training |
1:10 AM • | Daniel Cancel / Bloomberg: Latin American e-commerce and fintech giant MercadoLibre reports Q1 revenue up 37% YoY to $5.9B, $494M in net income, and Argentina revenue up 125% YoY to $1.3B |
1:05 AM • | Alexander Marrow / Reuters: Nebius Group's Toloka, which uses human experts to train and evaluate AI models and has worked with Amazon and Anthropic, raised $72M led by Bezos Expeditions |