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
Sam shared this message with the company earlier today: — Hi everyone - I have some exciting news to share.
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
Today the Gates Foundation celebrates its 25th anniversary by announcing its plans to close up shop.
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
Instacart CEO and Chair Fidji Simo shared the email below with Instacart employees this evening. You can read it in full here:
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”
The trailer was also captured entirely in-game from a PS5. … A second trailer for Grand Theft Auto VI had a surprise drop this week …
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
“We... assert the invalidity of the patents in question.” — Palworld developer Pocketpair has released …
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.
What Trump's ‘Golden Dome’ Can Learn From Israeli Air Defenses — An exclusive look at what Israel's upgraded air defense system can …
Hackers defaced the LockBit ransomware gang's dark web affiliate panels, linking to a MySQL database dump, including 59,975 BTC addresses and 4,442 victim chats
The LockBit ransomware gang has suffered a data breach after its dark web affiliate panels were defaced and replaced with a message linking to a MySQL database dump.
The US Commerce Department says it will rescind the Biden-era “AI diffusion rule” to limit AI chip exports from May 15, replacing it “with a much simpler rule”
The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort …
Source: Fidji Simo will oversee several OpenAI executives who previously reported to Altman, including COO Brad Lightcap, CFO Sarah Friar, and CPO Kevin Weil
Bloomberg :
Google says it is continuing to see “overall query growth in Search”, including “an increase in total queries coming from Apple's devices and platforms”
We continue to see overall query growth in Search. That includes an increase in total queries coming from Apple's devices and platforms.
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
Deribit is the world's biggest trading platform for bitcoin options — Coinbase Global has agreed to acquire Deribit …
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
Each time you ask an AI chatbot to summarize a lengthy legal document or conjure up a cartoon squirrel wearing glasses …
Filing: Apple seeks to pause part of the April 30 Epic v. Apple US court order that blocks it from charging commissions on transactions outside the App Store
The company is appealing a federal judge's ruling last week in its long-running fight with Epic Games Inc. that the iPhone maker failed …
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
Update Dean Takahashi / VentureBeat : Nintendo fiscal year sales drop 30% ahead of Switch 2 launch
Eddy Cue's disclosure of Apple's plan to shift its browser to AI systems had a clear goal: downplaying the importance of Apple's existing Google Search deal
Apple Inc. made an unusual pitch in its bid to save a lucrative search partnership with Alphabet Inc.'s Google …
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
Mike Isaac / New York Times : X: @mikeisaac X: Rat King / @mikeisaac : ceo of Instacart leaves to become sub-ceo of OpenAI under Altman not sure what “applications” entails (sam please elaborate if y...
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
“A threshold has been reached. We are effectively being DDoSed. If we could, we would charge them for this waste of our time …
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
Spencer Soper / Bloomberg :
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%+
Bitcoin on Thursday hit its highest level since February and climbing back above the key $100,000 level.
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
Redditors around the world were scandalized last week after learning that a team of researchers released a swarm of AI-powered …
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
- The OCC clarified that national banks are permitted to execute cryptocurrency buy and sell orders on behalf of their customers.
Sources: OpenAI employees met with the US FDA and two DOGE associates multiple times in recent weeks to discuss cderGPT, a project likely around drug evaluation
High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT.
Anthropic adds web search to its API, starting at $10 per 1,000 searches, giving Claude 3.7 Sonnet, 3.5 Sonnet, and 3.5 Haiku access to up-to-date information
Anthropic is launching a new API that allows its Claude AI models to search across the web. Developers using it can build Claude-powered apps …
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
Just 1 in 4 bets paying off so far — Only a quarter of AI initiatives have delivered the expected return on investment, according to an IBM survey of 2,000 CEOs.
Prepared testimony: Microsoft and other AI leaders urge US senators to streamline federal AI energy permits and open more government datasets for AI training
Microsoft (MSFT.O) and other AI leaders on Thursday will urge U.S. lawmakers to streamline federal permitting …
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
Elon Musk's xAI is using Tesla Inc.'s Megapack batteries to shore up its “Colossus” supercomputer in Memphis …
Sources: DOGE plans to build a centralized database with troves of personal info about millions of US residents, violating or disregarding security protocols
www.washingtonpost.com/business/ 202... @galetstrong : Federal data is now along the lines of something you might find in The National Enquirer, not actual data. — Donald Trump's Information Warfare...
Stripe announces an AI foundation model for payments, plans for stablecoin-powered accounts, a new Orchestration offering, a recent Nvidia migration, and more
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event.
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
EU member states push for rule change to make tech groups shoulder responsibility for fraud that costs billions each year
Internal messages show how during trade negotiations, the US State Department pushed nations facing tariffs to clear regulatory hurdles for SpaceX's Starlink
Two plus two equals four. There are twenty-four hours in a day. Gustaf Kilander / The Independent : US is pushing Starlink on nations facing tariffs as Musk stands to benefit from trade deals: report...
How “AI slop farmer” Jesse Cunningham targets older women on Pinterest and Facebook with AI-generated copies of content from real bloggers and creators
“It's just a bunch of fraud.” — Last year, Jesse Cunningham — a self-described “SEO specialist who leverages the power … Bluesky: @alkal , @roxanna , @wagatwe.com , @eddierobson , @ositanwanevu.com ...
Samsung plans to debut the Galaxy S25 Edge at a May 12 virtual event on YouTube at 8pm ET, and those who reserve the super-slim device now will get a $50 credit
Ben Schoon / 9to5Google :
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
“Her $TRUMP coin's value climbed for a few days but has since plunged 85 percent from its peak.” — www.washingtonpost.com/technology/ 2... Ken Bazinet / @kenbazinet : Trump's crypto grift isn't abou...
Arm reports Q4 revenue up 34% YoY to $1.24B, vs. $1.23B est., royalty revenue up 18% to $607M, and forecasts Q1 revenue below est.; ARM drops 8%+
Ian King / Bloomberg :
Sources: Robinhood plans a blockchain-based platform to let retail investors in Europe trade US securities, and considered partnerships with Arbitrum and Solana
Muyao Shen / Bloomberg :
TPG and Corpay agree to acquire North Carolina-based payment processing software provider AvidXchange for $2.2B, with Corpay investing ~$500M for a 33% stake
Match says it will cut 13% of its staff, impacting ~325 jobs, per a 2024 filing, and reports Q1 revenue down 3% YoY to $831M, above est., and 14.2M paying users
Natalie Lung / Bloomberg :
WisdomAI, which offers AI-powered data analytics from structured, unstructured, and “dirty” data, launches with a $23M seed led by Coatue Ventures
Can we stop talking about founders as if they're overbred pets? It's spectacularly weird. — Also, if you read the article there is nothing this company is doing that reduces hallucinations in a nov...
Alibaba partners with RedNote, also known as Xiaohongshu, to allow users on RedNote to directly click on product links to shop on Alibaba's Taobao platform
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
Daniel Cancel / Bloomberg :
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
Alexander Marrow / 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”
Bumble reports Q1 revenue down 7.7% YoY to $247.1M, in line with $246.2M est., with Bumble app paying users falling ~1% YoY to 2.7M; BMBL jumps ~7%
Kritika Lamba / Reuters :
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
Ernie Smith / Fast Company :
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
Simon Hill / Wired :
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
Charlotte Yang / Bloomberg :
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.