8:20 PM • | AJ Vicens / CyberScoop: Boeing confirms that LockBit attempted to extort a $200M ransom in October 2023; the company reportedly didn't pay any ransom after ~43GB of its data was posted |
7:20 PM • | Dallin Grimm / Tom's Hardware: Some Stack Overflow users say their account was suspended after they attempted to alter their posts in protest of its OpenAI partnership to supply data for AI |
6:25 PM • | Dade Hayes / Deadline: Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come |
6:10 PM • | Pratik Jain / Reuters: US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate |
5:35 PM • | Mark Gurman / Bloomberg: A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor |
4:55 PM • | Natalie Lung / Bloomberg: Instacart Q1: revenue up 8% YoY to $820M, vs. $794.5M est., gross transaction value up 11% to $8.32B; CFO Nick Giovanni is retiring, replaced by Emily Reuter |
4:35 PM • | Jesse Pound / CNBC: Robinhood reports Q1 revenue up 40% YoY to $618M, vs. $549M est., crypto transaction revenue up 232% to $126M, net income of $157M, vs. a net loss of $511M YoY |
4:25 PM • | Ashley Capoot / CNBC: Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5%, and Q2 guidance below est.; ABNB drops 8%+ after hours |
4:20 PM • | Reuters: Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37%, and forecasts FY 2025 revenue below est.; ARM drops 9%+ after hours |
4:00 PM • | Carl Franzen / VentureBeat: OpenAI publishes Model Spec, which specifies how its models should behave, including objectives, rules, and default behaviors, and asks the public for feedback |
2:45 PM • | BBC: Ofcom proposes new rules requiring tech companies to change their algorithms to hide “toxic” material from children, have more robust age checks, and more |
1:15 PM • | Maggie Harrison / Futurism: An investigation into AdVon, the company behind Sports Illustrated's fake writers, finds its AI content and fake authors at the LA Times, Miami Herald, and more |
11:55 AM • | Ruth Olurounbi / Bloomberg: Nigeria's Information Ministry says Binance CEO Richard Teng “made false allegations of bribery” against unnamed Nigerian officials, after a $150M bribe claim |
11:35 AM • | William Gallagher / AppleInsider: Apple's iPad Pro ad “Crush”, which shows paints, toys, guitars, sculptures, and more being crushed to reveal the thin device, draws criticism on social media |
11:20 AM • | Bloomberg: Google DeepMind CEO Demis Hassabis says AI breakthroughs in biology research could be a $100B+ business, commercialized via DeepMind spinout Isomorphic Labs |
11:10 AM • | Michael Peel / Financial Times: Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods |
11:00 AM • | Tom Warren / The Verge: Microsoft plans to add an auto-complete feature to Copilot for Microsoft 365 in the coming months that offers suggestions to add details to improve AI prompts |
10:30 AM • | Stephanie Palazzolo / The Information: DatologyAI, which aims to help researchers better curate AI training datasets, raised a $46M Series A led by Felicis, after a $11.65M seed in February 2024 |
9:20 AM • | Kyle Wiggers / TechCrunch: Israeli drone startup Xtend, which lets operators orchestrate teams of drones and robots, raised $40M led by Chartered Group at a ~$110M post-money valuation |
8:45 AM • | Jennifer Pattison Tuohy / The Verge: The Connectivity Standards Alliance releases Matter 1.3, adding support for more appliances, energy and water management, and new casting protocol features |
8:25 AM • | Lynn Doan / Bloomberg: Intel expects its Q2 revenue to be “below the midpoint” of the company's previously guided $12.5B to $13.5B range because of a new US ban on Huawei chip exports |
8:15 AM • | Reuters: Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving |
8:05 AM • | Reuters: Sources: the US Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models to China |
7:55 AM • | Bloomberg: Chinese government data: foreign-branded smartphones shipments, most of which are iPhones, grew 12% YoY to 3.75M in March, reversing a 37% drop in early 2024 |
7:45 AM • | Manya Saini / Reuters: Data collaboration software maker Atlan raised a $105M Series C led by Singapore's GIC and Meritech at a $750M valuation, taking its total funding to $206M |
7:35 AM • | Spencer Soper / Bloomberg: Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% to $60.9B, expects increased operating expenses and lower profit margins in Q2; SHOP closes down 18%+ |
7:20 AM • | Natalie Lung / Bloomberg: Uber reports Q1 revenue up 15% YoY to $10.1B, gross bookings up 20% YoY to $37.7B, below $38B est., adjusted EBITDA up 82% YoY to $1.4B; UBER closes down 5.72% |
7:00 AM • | Madeleine Ngo / New York Times: SIA and Boston Consulting Group: the US will triple its domestic chip manufacturing capacity by 2032, boosting its global chip making share to 14% from 10% now |
6:45 AM • | Tom Dotan / Wall Street Journal: Microsoft plans to invest $3.3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a University of Wisconsin AI lab |
6:30 AM • | Ivan Mehta / TechCrunch: Bluesky details its product roadmap: an off-protocol DM system to facilitate one-on-one chats, improved custom feeds, anti-harassment tools, and video support |
6:15 AM • | Bloomberg: Microsoft closes the engineering section of its Africa Development Center in Nigeria, two years after its opening, reportedly impacting 100+ engineers |
6:05 AM • | Financial Times: The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people |
5:55 AM • | Andrew J. Hawkins / The Verge: Filing: Orlando-based lidar manufacturer Luminar says Tesla was its “largest LiDAR customer in Q1”, contributing 10%+ of its revenue, or ~$2.1M for the quarter |
5:45 AM • | The Guardian: An investigation finds a vast web of fake shops run from China touting designer brands that duped 800K+ people in Europe and the US into sharing personal data |
5:35 AM • | Ryan Browne / CNBC: UK neobank Monzo raised $190M at a $5.2B post-money valuation, after raising $430M at a $5B valuation in March 2024, and plans to expand internationally |
5:25 AM • | Reuters: Analysis: Asia Pacific data center deals, which have totaled $840.47M in 2024, or 50%+ of the global total so far, are set to surpass 2023's $3.45B record high |
5:15 AM • | Simon Willison / Simon Willison's Weblog: OpenAI built the gpt2-chatbot, renamed to “im-also-a-good-gpt-chatbot”, per the gpt2-chatbot's 429 rate limit error message, which appeared in the LMSYS arena |
5:00 AM • | Jing Yang / The Information: Internal memo: Shein tells staff that the company is stepping up efforts to keep products made with forced labor off its platform, citing tougher US enforcement |
4:50 AM • | Aamir Siddiqui / Android Authority: Google launches Google Wallet for Android in India and partners with 20+ brands to let users store boarding passes, loyalty cards, event tickets, and more |
4:40 AM • | Bloomberg: Sources: SoftBank is in advanced talks to acquire Graphcore, a struggling UK-based chip startup once valued at $2.8B that reported just $2.7M in 2022 revenue |
4:25 AM • | Kate Park / TechCrunch: Samsung Electronics' medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M |
4:10 AM • | Nikkei Asia: Sources: Intel is partnering with 14 Japanese companies to develop tech by 2028 to automate the largely manual “back-end” chipmaking processes like packaging |
2:30 AM • | Stephanie Stacey / Financial Times: Analysis: the tech-dominated list of top 50 companies whose stocks made the biggest percentage gains in 2020 have since collectively lost $1.5T in market value |
2:00 AM • | Zheping Huang / Bloomberg: TikTok vs. US filing: ByteDance founder Zhang Yiming owns a 21% stake in TikTok's parent company, and is living in Singapore while keeping Chinese citizenship |
1:15 AM • | Bloomberg: Sources: Getir faced pressure from investors to cut costs and refocus on Turkey; a source says Mubadala and G Squared have agreed to invest as much as $200M |
12:50 AM • | Kylie Robison / The Verge: Sources: OpenAI has been aggressively trying to poach Google employees for a team working on a ChatGPT feature to search the web and show results with citations |
12:40 AM • | Georgia Butler / DatacenterDynamics: Google says “rare issues at Google Cloud” caused a week-long private cloud outage at UniSuper, an Australian pension fund for the education and research sectors |
12:05 AM • | Bloomberg: Amit Midha, the CEO of Alat, a $100B investment fund focused on AI and chips backed by Saudi Arabia's PIF, says the fund will divest from China if the US asks |
11:35 PM • | Brian Heater / TechCrunch: Researchers say they have unlocked a kind of sperm whale “alphabet” with the aid of machine learning, a breakthrough in understanding cetacean communication |
10:30 PM • | Yoolim Lee / Bloomberg: Coupang reports Q1 revenue up 23% YoY to $7.1B, adjusted EBITDA up 17% YoY to $281M, vs. $283.3M est., and net income down 95% YoY including Farfetch losses |
10:15 PM • | Arsheeya Bajwa / Reuters: iRobot appoints Gary Cohen as its new CEO after Colin Angle resigned in January 2024 and forecasts 2024 revenue with a midpoint of $837.5M, vs. $829.8M expected |
9:55 PM • | André Beganski / Decrypt: Robinhood CEO Vlad Tenev decries a “regulatory onslaught” and calls US SEC actions “another improper attempt by the administrative state to stifle innovation” |
9:30 PM • | Bryson Masse / VentureBeat: Red Hat announces RHEL AI, a platform for developing and running open source LLMs, and InstructLab, a community project to let experts enhance AI models |
8:50 PM • | Lauren Forristal / TechCrunch: President Biden signs the REPORT Act into law, to levy hefty fines against companies that neglect to report CSAM on their sites to the NCMEC's CyberTipline |
7:55 PM • | Mike Murphy / IBM Research: IBM open sources its Granite code models for code generative tasks, trained on 116 programming languages, with models ranging in size from 3B to 34B parameters |
7:45 PM • | Steven Church / Bloomberg: FTX says it will have as much as $16.3B to distribute after selling all of its assets; FTX owes ~$11B to 2M+ customers and other non-governmental creditors |
7:25 PM • | Demetri Sevastopulo / Financial Times: The US Commerce Department revokes some export licenses that let companies ship chips and other goods to Huawei, affecting Intel and Qualcomm |
6:55 PM • | Rachel Metz / Bloomberg: Source: OpenAI is developing a ChatGPT feature that can search the web and show results with images alongside written responses and citations to sources |
6:40 PM • | Jaspreet Singh / Reuters: Twilio reports Q1 revenue up 4% YoY to $1.05B vs. $1.03B est., 313K+ active customer accounts, and forecasts Q2 revenue below est.; TWLO drops 5%+ |
6:35 PM • | Wesley Yin-Poole / IGN: Memo: Microsoft's Xbox plans to shut down multiple Bethesda studios and consolidate teams to prioritize high-impact titles and invest in Bethesda's portfolio |
6:10 PM • | Milana Vinn / Reuters: Sources: BigCommerce, provider of software and an e-commerce platform to retailers, is exploring a sale after losing 90% of its market value since its 2020 IPO |
5:45 PM • | Carsten Frauenheim / iFixit News: A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn't require soldering LPDDR chips to the motherboard |
5:15 PM • | Aditya Soni / Reuters: GlobalFoundries reports Q1 revenue down 16% YoY to $1.55B, vs. $1.52B est., net income of $134M, and forecasts Q2 revenue above estimates; GFS closed up 7.1% |
5:05 PM • | Reuters: The US revokes some licenses that allow companies to ship chips and other goods to Huawei |
5:00 PM • | Brendan Sinclair / GamesIndustry.biz: EA reports Q4 revenue down 5% YoY to $1.78B, net income of $182M, net bookings down 14% YoY to $1.67B, and announces a three-year $5B stock buyback |
4:50 PM • | Jaspreet Singh / Reuters: Match Group reports Q1 revenue up 9% YoY to $859.6M, vs. $855.5M est., paying users down 6% YoY to 14.9M, and forecasts Q2 revenue below expectations |
4:40 PM • | Natalie Lung / Bloomberg: Lyft reports Q1 revenue up 28% YoY to $1.3B, a $31.5M net loss, gross bookings up 21%, active riders growing at the fastest pace since 2022, up 12% YoY to 21.9M |
4:35 PM • | Ashley Capoot / CNBC: Reddit reports Q1 revenue up 48% YoY to $243M, vs. $212.8M est., net loss of $575.1M, driven by IPO expenses, and DAUq total up 37% to 82.7M; RDDT jumps 15%+ |
4:25 PM • | Sarah Perez / TechCrunch: Meta announces an update to its AI ad tools, which can now make full new images, not just backgrounds, and claims to add strong guardrails to prevent abuse |
2:55 PM • | Kyle Wiggers / TechCrunch: Amazon launches Bedrock Studio in public preview, a web tool to help orgs experiment with and collaborate on generative AI models and then build AI-powered apps |
1:55 PM • | Zac Hall / 9to5Mac: Apple lowers the price of its 10th-gen iPads by $100 to $349+ and discontinues its 9th-gen iPad, ending the era of iPads with a Home button and a headphone jack |
1:50 PM • | Benjamin Mayo / 9to5Mac: The new iPad Pro drops the ultra-wide camera; 1TB/2TB models get 16GB of RAM and an M4 with a 10-core CPU, 256GB/512GB models get 8GB of RAM and a 9-core CPU |
12:50 PM • | CNBC: Disney reported Disney+ and Hulu had a $47M operating income in Q2, vs. a $587M loss YoY, the first time the streaming services had a combined quarterly profit |
12:30 PM • | Jess Weatherbed / The Verge: Apple previews a new Final Cut Camera mobile app and announces new Logic Pro and Final Cut Pro features, including Live Multicam and external projects on iPad |
12:23 PM • | Julian Chokkattu / Wired: Google unveils the Pixel 8a with a Tensor G3 chip, a 6.1" 120Hz OLED display with up to 2,000 nits brightness, and Gemini Nano access, shipping May 14 for $499+ |
12:07 PM • | New York Times: TikTok sues the US government, arguing the law forcing a sale or a ban violates its US users' First Amendment rights and divestiture is “simply not possible” |
11:45 AM • | Kyle Wiggers / TechCrunch: OpenAI is developing a Media Manager tool, slated for release by 2025, to let content owners identify their works to OpenAI and control how they are used |
11:38 AM • | David Pierce / The Verge: iPad Pro hands-on: its thin design is the first thing you notice; the upgraded Magic Keyboard's body and trackpad are much higher end than in the previous model |
11:10 AM • | Lorenzo Franceschi-Bicchierai / TechCrunch: UK and US authorities identify and charge the leader of the LockBit ransomware gang, a 31-year-old Russian national; the US also issued sanctions against him |
10:45 AM • | Ryan Christoffel / 9to5Mac: Apple debuts Magic Keyboard for the M4 iPad Pro, featuring a larger trackpad and a row of function keys, for $299 for the 11" model and $349 for the 13" model |
10:41 AM • | Ben Lovejoy / 9to5Mac: Apple announces Apple Pencil Pro, featuring a squeeze gesture, haptic feedback, Find My support, and more, available for $129, the same price as the Pencil 2 |
10:34 AM • | 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 |
10:24 AM • | Chris Welch / The Verge: Apple unveils $999+ 11" and $1,299+ 13" iPad Pros, with M4, an OLED Ultra Retina XDR screen, up to 1,600 nits; the 13" is Apple's thinnest product yet, at 5.1mm |
10:13 AM • | Zac Hall / 9to5Mac: Apple announces new $599+ 11" and $799+ 13" iPad Airs, featuring an M2 chip, a landscape front camera, and faster Wi-Fi, available in four colors next week |
10:08 AM • | Ingrid Lunden / TechCrunch: Cloud security startup Wiz raised a $1B Series E co-led by a16z, Lightspeed, and Thrive at a $12B valuation, and plans to expand its business via acquisitions |
10:00 AM • | Apple on YouTube: A recording of Apple's “Let Loose” event |
9:57 AM • | The Verge: A live blog of Apple's “Let Loose” event |
9:50 AM • | Paresh Dave / Wired: Amazon's hexacopter drones, planned for use in Tolleson, Arizona, can't operate when temperatures top 104°F, less than the average summer highs in the city |
9:30 AM • | 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 |
8:30 AM • | Andrew J. Hawkins / The Verge: Instacart partners with Uber Eats to expand into restaurant takeout, offering deliveries powered by Uber via Instacart's app or website in the coming weeks |
8:15 AM • | Nqobile Dludla / Reuters: Amazon launches its online store in South Africa, offering same-day and next-day delivery and 3,000+ pickup points, challenging local rivals like Takealot.com |
8:05 AM • | Ingrid Lunden / TechCrunch: Akamai agrees to acquire Noname Security, which finds and fixes API vulnerabilities, for ~$450M, closing in Q2 2024; Noname was valued at $1B in December 2021 |
7:55 AM • | 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 |
7:00 AM • | Deepa Seetharaman / Wall Street Journal: OpenAI releases a tool to detect DALL-E 3-created images, claiming 98% accuracy for unaltered images, and joins Microsoft and Adobe's content credentials group |
6:45 AM • | Eva Dou / Washington Post: MITRE, a federally funded, not-for-profit US research organization, plans to build a $20M supercomputer with Nvidia to build AI tools for the federal government |
6:30 AM • | 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 |
6:15 AM • | Bloomberg: German chipmaker Infineon cuts its revenue forecast in the year to September 2024 to €15.1B, below €15.7B est., signaling automotive chip demand remains weak |
5:55 AM • | 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 |
5:35 AM • | 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 |
4:15 AM • | Kosaku Narioka / Wall Street Journal: Nintendo reports net profit up 13% YoY to ~$3.2B in the past fiscal year and expects net profit to drop 39% YoY and revenue to drop 19% YoY in this fiscal year |
4:09 AM • | 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 |
2:20 AM • | 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 |
12:55 AM • | Olivia Poh / Bloomberg: Amazon announces plans to double its cloud infrastructure investment in Singapore to $9B over the next four years, to meet the cloud and AI demand |