Apple announces Final Cut Pro and Logic Pro for iPad, available as subscriptions on May 23; Final Cut requires an M1 chip or newer and Logic needs A12 or newer
Mic drop moment for pro apps team at Apple this morning. Apple just announced that Final Cut Pro and Logic Pro are officially and finally coming to iPad.
Nintendo expects to sell 15M Nintendo Switch consoles this fiscal year, below analyst estimates of 15.7M; the company sold 18M units in the year to March 2023
Nintendo Co. expects to sell 15 million units of its Switch console this fiscal year, showing the extent of the slowdown for its six-year-old flagship product.
Ripple CEO Brad Garlinghouse says the company will spend $200M fighting an SEC lawsuit accusing him, a co-founder, and Ripple of selling unregistered securities
- Ripple will have spent $200 million by the time its legal battle with the U.S. Securities and Exchange Commission is over, CEO Brad Garlinghouse said.
US crypto exchange Bittrex files for bankruptcy, weeks after an SEC lawsuit; filing: Bittrex estimates both its liabilities and assets are between $500M and $1B
Nikhilesh De / CoinDesk :
Coinbase CEO Brian Armstrong says the US SEC is on “a lone crusade”, rows back on his suggestion the company may leave the US, and expresses interest in the UAE
The #UAE is a forward-thinking region that has made signficiant investments … Tweets: @nanamurugesan : 8/ In UAE for a few days with the @Coinbase team and @barmstrong. Crypto and web3 serve as enormo...
Wendy's partners with Google to automate its drive-through using an AI chatbot, rolling out in June to an Ohio restaurant; the bot has been programmed to upsell
The fast-food chain has customized a language model with terms like ‘JBC’ for junior bacon cheeseburger and ‘biggie bags’ for meal combos
Sam Bankman-Fried's lawyers file pretrial motions to dismiss most criminal charges against him, but not charges tied to securities fraud and money laundering
Bankman-Fried did not move to dismiss charges tied to securities fraud or money laundering. — FTX founder Sam Bankman-Fried …
LinkedIn plans to cut 716 jobs and shutter InCareer, its local jobs app in China, by August 9, citing fierce competition and a challenging macroeconomic climate
LinkedIn, the social media network owned by Microsoft Corp (MSFT.O) that focuses on business professionals …
Source: Spotify removed ~7% of tracks uploaded by AI music startup Boomy, or “tens of thousands” of songs, over suspicion of bots posing as human listeners
Platform cracks down on bots posing as listeners as flood of content rattles music industry
Inside Big Pipes, an FBI team with ~30 members responsible for three major cybercriminal takedowns, including dozens of illicit services, in the past five years
For a decade, a group called Big Pipes has worked behind the scenes with the FBI to target the worst cybercriminal “booter” services plaguing the internet.
General Motors hires former Apple VP Mike Abbott to lead a newly created software unit, starting May 22; Abbott was VP of Engineering for Apple's Cloud Services
- General Motors has hired former Apple executive Mike Abbott to lead a newly created software unit for the Detroit automaker.
Google's passkey offering is refined and comprehensive enough to recommend, but the ecosystem is incomplete, despite PayPal, Kayak, and others using passkeys
The passkey ecosystem is far from complete, but Google's implementation is now ready to use. — By now, you've likely heard …
Microsoft opens the Microsoft 365 Copilot Early Access Program to 600 global customers, up from the initial 20, and adds new features, like a Semantic Index
Microsoft is expanding preview access to its Microsoft 365 Copilot, a digital assistant based on OpenAI's GPT-4 …
Amazon announces Amazon Anywhere to let users of third-party apps buy related real-world items while in the app, launching with Niantic's new AR game Peridot
Kurt Schlosser / GeekWire :
Analysis: of the 76 coins the SEC considers securities, 16 can be traded on major US crypto exchanges; tokens labeled as securities in 2022 almost tripled YoY
Wall Street Journal :
Nick Clegg reiterates that Meta will end news content in Canada if C-18 passes and says he pulled out of a committee hearing after a session title changed
Lynn Doan / Bloomberg :
Chinese authorities arrest a man for using ChatGPT to write and spread fake news articles, one of the first known instances, with one article having 15K+ views
Chinese authorities have detained a man for using ChatGPT to write fake news articles, in what appears to be one of the first instances …
Meta unveils ImageBind, an open-source AI model combining text, audio, visual, movement, thermal, and depth data, as rivals become more secretive with research
Meta has announced a new open-source AI model that links together multiple streams of data, including text, audio, visual data, temperature, and movement readings.
IBM announces watsonx, a suite of AI services that includes watsonx.ai, an “enterprise studio for AI builders”, watsonx.data, and watsonx.governance
IBM, like pretty much every tech giant these days, is betting big on AI. — At its annual Think conference …
How Something Awful plans to archive the source images of millions of Imgur links by May 15, after Imgur announced it would delete nudity, porn, and old content
A long-running web community enlisted its goons to stop an Imgur extinction event. — It's easy to forget how fragile …
Global tablet shipments fell 18% YoY to 31.7M in Q1 2023, the lowest shipment volume since Q1 2020; Apple had 12.35M shipments, down 17% YoY, for a 38.9% share
African B2B e-commerce startups are scaling back operations and laying off staff; 28 of them raised $470M+ since 2008, of which 90% came between 2021 and 2022
Damilare Dosunmu / Rest of World :
Truecaller plans to make its caller ID service available globally over WhatsApp and other messaging apps later in May to help users spot potential spam calls
Truecaller comes to the rescue Ronan Byrne / Gearrice : WhatsApp will block spam calls with the help of Truecaller Times of India : Truecaller is coming to WhatsApp: How this may mean for users Usama ...
Binance halted bitcoin withdrawals for an hour late on May 7 and for several hours on May 8, blaming heavy volumes and an unanticipated rise in network gas fees
8fig, which plans to offer an AI-powered “C-suite” for e-commerce companies, starting with an AI CFO, raised a $40M Series B and $100M in a credit facility
E-commerce businesses don't often build big companies: they might be big in revenue, but remain lean in headcount.
WhatsApp partners with Stripe to let Singapore-based users pay some businesses within chats, after launching merchant payments in India and Brazil
Residents of #Singapore with a local #WhatsApp number can buy and pay directly … Tweets: Stephane Kasriel / @skasriel : 📢 @WhatsApp Singapore users can now pay local businesses for goods and services ...
Qualcomm acquires Israel-based Autotalks, a fabless chipmaker that improves safety in bikes, cars, and other vehicles, sources say for between $350M and $400M
Ingrid Lunden / TechCrunch :
Finnish wearable maker Oura acquires Proxy, which makes digital identification tools, in an all-equity deal; PitchBook says Proxy was valued at $292M in 2020
Edward Ludlow / Bloomberg :
Internal docs: Google plans to announce generative AI updates at Google I/O on May 10, including launching PaLM 2, a general-use LLM supporting 100+ languages
Google AI plans just leaked ahead of I/O 2023 Pedro Arellano / diginomica : Three questions business leaders need to ask to get the most out of generative AI Luke Jones / WinBuzzer : Google Planning P...
Vienna-based Prewave, which helps companies monitor their suppliers online for externalities, raised an €18M Series A+, after an €11M Series A in September 2022
Paul Sawers / TechCrunch :
PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL drops 10%+
First Quarter 2023 Results San Jose, California … Ibukun Ogundare / Coinspeaker : PayPal Q1 2023 Earnings Beats Analysts' Expectations by 1% Juhohn Lee / CNBC : After hitting new heights during the ...
After GPTZero gained 1.2M users since January, co-founder Edward Tian raised $3.5M to launch Origin, aimed at “saving journalism” by detecting AI disinformation
Diana Li / Bloomberg :
A US appeals court upholds a lower court's 2019 ruling rejecting Apple's claims that Corellium's CORSEC security tool for simulating iOS violated copyright law
How Google's attempt to create a better, faster mobile web for media companies with the AMP standard ended up ruining publishers' trust in the internet giant
David Pierce / The Verge :
Filing: Invesco marked down Swiggy's valuation to ~$5.5B in January 2023, from a reported $10.7B valuation in January 2022, when Invesco led Swiggy's Series K
Manish Singh / TechCrunch :
China launches a rare on-site inspection of Wuhan-based DouYu to address “serious” issues like porn at the Nasdaq-listed, Tencent-backed game streaming company
Xinmei Shen / South China Morning Post :
Palantir reports Q1 revenue up 18% YoY to $525M, vs. $506M est., and says its AI Platform for private datasets is coming in May 2023; PLTR jumps 20%+
Ashley Capoot / CNBC :
The Alliance for Creativity and Entertainment forms a global task force to identify and target online sports piracy with Interpol, Europol, DAZN, beIN, and more
Daniel Thomas / Financial Times :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.