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
Staff told via email. — Microsoft has closed a number of Bethesda studios, including Redfall maker Arkane Austin …
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
At its “Let Loose” virtual event this morning, Apple introduced its long-awaited iPad Pro updates.
The US Commerce Department revokes some export licenses that let companies ship chips and other goods to Huawei; sources say the move affects Intel and Qualcomm
Move marks latest effort by Biden administration to target the country's tech sector — The Biden administration …
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
- Crypto customers to get interest on what FTX owes them — Bankrupt firm updates plan to divide cash among creditors
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
US Revokes Intel and Qualcomm Licenses to Sell Chips to Huawei — Intel Corp. expects second-quarter revenue …
Apple releases an iPad Pro ad, titled “Crush”, showing paints, toys, guitars, and more being crushed to reveal the device, drawing criticism on social media
The minute-long Apple ad showing art equipment and materials being crushed down into the new iPad Pro is being called heartbreaking, wanton, and creepy.
Source: OpenAI is developing a ChatGPT feature that can search the web and show results with images alongside written responses and citations to sources
The feature would let ChatGPT users search the web and cite sources in its results. — OpenAI is developing a feature for ChatGPT …
Sources: US prosecutors are examining if Tesla committed securities or wire fraud by misleading investors and consumers about Autopilot and Full Self-Driving
U.S. prosecutors are examining whether Tesla (TSLA.O) committed securities or wire fraud by misleading investors and consumers …
Uber reports Q1 revenue up 15% YoY to $10.1B, Gross Bookings up 20% YoY to $37.7B, below $38B est., and adjusted EBITDA up 82% YoY to $1.4B; UBER falls 5%+
- Bookings growth still tops 20% on rides, order frequency gains — Operating profit falls on anticipated legal fees, settlements
Robinhood CEO Vlad Tenev decries a “regulatory onslaught” and calls US SEC actions “another improper attempt by the administrative state to stifle innovation”
Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way.
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model of life's building blocks and their interactions within cells, with sophisticated forecasts
AlphaFold 3 aims to reveal biological secrets and boost drug search efforts — Google DeepMind has unveiled …
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
Kylie Robison / The Verge :
The Connectivity Standards Alliance releases Matter 1.3, adding support for more appliances, energy and water management, and new casting protocol features
The latest Matter spec brings a number of improvements to the smart home standard founded by Apple, Google, Amazon, and Samsung.
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
Google problems resulting in an inadvertent misconfiguration of UniSuper's systems
Sources: the US Commerce Department is considering a new regulatory push to restrict the export of proprietary or closed source AI models to China
The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China with preliminary plans …
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
gpt2-chatbot confirmed as OpenAI (via) The mysterious gpt2-chatbot model that showed up in the LMSYS arena a few days ago …
Microsoft plans to add a new auto-complete feature that offers suggestions to improve AI prompts to Copilot for Microsoft 365 in the coming months
Microsoft is attempting to solve the problem of coming up with a good prompt for generative AI, aiming to turn everyone into a prompt engineer.
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
Elon Musk previously dismissed the laser sensor as a ‘crutch’ and said that any company relying on lidar to power self-driving was ‘doomed.’
Shopify reports Q1 revenue up 23% YoY to $1.9B, GMV up 23% YoY to $60.9B, and expects gross margins to drop by ~50 basis points YoY in Q2; SHOP plummets 18%+
- Gross margins in current quarter are expected to narrow — President: ‘This is how you achieve long-term durable growth’
Google DeepMind CEO Demis Hassabis says AI breakthroughs in biology research could be a $100B+ business, commercialized via DeepMind spinout Isomorphic Labs
Bloomberg :
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
Exclusive: Vast web of fake shops touting designer brands took money and personal details from 800,000 people in Europe and US, data suggests
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
Company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence
The UK is investigating “potential failings” at IT contractor SSCL, which was breached by suspected Chinese hackers to expose payroll records for 272K people
Grant Shapps announces investigation into attack by ‘malign actor’ that targeted up to 270,000 military personnel records
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
- Zhang has a 21% stake in the world's most valuable startup — Chinese tech founders have built up a presence on the island
Samsung Electronics' medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M
Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices …
Bluesky details its product roadmap: an off-protocol DM system to facilitate one-on-one chats, custom feeds, anti-harassment tools, video support, and more
Bluesky has launched a new product roadmap for the coming months. The decentralized social network said on Tuesday that it is planning …
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 million reward for his arrest Pierluigi Paganini / Security Affairs : Law enforcement agencies identified LockBit ransomware admin and sanctioned him Hannan Mundia / Android Headlines : US indicat...
Nigeria's Information Ministry says Binance CEO Richard Teng “made false allegations of bribery” against unnamed Nigerian officials, after a $150M bribe claim
- Government says allegation ‘lacks any iota of substance’ — Binance under pressure amid focus on crypto role in naira woes
A look at LPCAMM2, a totally modular, repairable, and upgradeable memory standard for laptops that doesn't require soldering LPDDR chips to the motherboard
Carsten Frauenheim / iFixit News :
Researchers say they have unlocked a kind of sperm whale “alphabet” with the aid of machine learning, a breakthrough in understanding cetacean communication
Brian Heater / TechCrunch :
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
- The performance marks an improvement from the start of 2024 — The bounce emerged after Apple and its resellers cut prices
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
Mike Murphy / IBM Research :
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
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
Microsoft closes the engineering section of its Africa Development Center in Nigeria, two years after its opening, reportedly impacting 100+ engineers
Bloomberg :
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
Sarah Perez / TechCrunch :
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
Ryan Browne / CNBC :
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
For all that's leaked about the sizes and architectures of the advanced large language models developed by OpenAI and its ilk …
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
Madeleine Ngo / New York Times :
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
Manya Saini / Reuters :
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
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
Kyle Wiggers / TechCrunch :
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
Arsheeya Bajwa / Reuters :
Sources: Intel is partnering with 14 Japanese companies to develop tech by 2028 to automate the largely manual “back-end” chipmaking processes like packaging
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
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
Stephanie Stacey / Financial Times : Forums: r/neoliberal Forums: r/neoliberal : Pandemic-era winners suffer $1.5 trillion fall in market value
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
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
Bloomberg :
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
Jing Yang / The Information :
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
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.