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The Information: Amazon plans to sell Nike products directly for the first time since 2019, when Nike stopped selling through Amazon due to lingering counterfeit issues — Six years after Nike stopped selling through Amazon in favor of going direct to customers through its own stores and website, the two companies are getting back together.
Juby Babu / Reuters: Zoom reports Q1 revenue up 3% YoY to $1.17B, in line with expectations, Enterprise revenue up 6% YoY to $704.7M, and raises its FY 2026 forecast above estimates — Zoom Communications (ZM.O) raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration …
Brody Ford / Bloomberg: Snowflake reports Q1 product revenue up 26% YoY to $996.8M, vs. $966M est., and forecasts Q2 product revenue above estimates; SNOW jumps 6%+ after hours — Product revenue, which makes up the bulk of Snowflake's business, will increase about 25% to as much as $1.04 billion in the quarter ending in July …
Milana Vinn / Reuters: AT&T agrees to acquire Lumen's consumer fiber business for $5.75B, in an all-cash deal expected to close in H1 2026; LUMN jumps 13%+ after hours — AT&T (T.N) has clinched a deal to acquire Lumen Technologies' (LUMN.N) consumer fiber operations for $5.75 billion in cash …
Samantha Subin / CNBC: CoreWeave announces a $2B debt offering, representing a $500M increase from its initial announcement, and says it was five times oversubscribed; CRWV jumps 19% — CoreWeave shares popped 19% after announcing a $2 billion debt offering. — The renter of artificial intelligence data centers powered …
Lauren Forristal / TechCrunch: Shopify launches new AI tools, including one for setting up storefronts and another for creating elements like banners, and upgrades its AI assistant Sidekick — Shopify is giving its merchants a slew of new AI-powered tools designed to help them enhance the online shopping experience for their customers.
Sarah Perez / TechCrunch: Epic v. Apple: Spotify says its recent update supporting web payments has resulted in “a significant increase in iOS users upgrading to a Premium subscription” — Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales.
Alfred Ng / Politico: Sen. Wyden says AT&T, Verizon, and T-Mobile failed to create systems for notifying about surveillance on Senate-issued devices, despite a requirement to do so — Sen. Ron Wyden (D-Ore.) revealed in a new letter to Senate colleagues Wednesday that AT&T, Verizon and T-Mobile failed …
Margaux Nijkerk / CoinDesk: World Network raised $135M in a token sale to a16z and Bain Capital Crypto “to meet increasing demand for Orb-verified World IDs”; WLD jumped 14% on the news — Funds from the venture capital giants will be used for the network's expansion. — What to know:
New York Times: Sources: OpenAI owned a 23% stake in io from a 2024 deal so is now paying ~$5B to fully acquire it; separately, OpenAI's Start-up Fund invested in io last year — Jony Ive, a former top executive at Apple, said that the goal with OpenAI was to create “amazing products that elevate humanity.”
OpenAI: In a video and letter signed “Sam & Jony”, Altman and Ive announce io, founded last year by Ive, Scott Cannon, Evans Hankey, and Tang Tan to create new products — This is an extraordinary moment. — Computers are now seeing, thinking and understanding.
Wall Street Journal: Sources: Sam Altman and LoveFrom have been working for two years on a new device to move consumers beyond screens, including headphones and devices with cameras — OpenAI to buy Ive's startup in $6.5 billion deal, as Ive and CEO Sam Altman work on new generation of devices and other AI products
Bloomberg: OpenAI is buying io, Jony Ive's secretive AI startup, for ~$6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI — OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal …
Sergiu Gatlan / BleepingComputer: Microsoft seizes about 2,300 domains globally to disrupt Lumma's malware-as-a-service operation, after finding over 394K Windows computers infected by Lumma — Earlier this month, a coordinated disruption action targeting the Lumma malware-as-a-service (MaaS) information stealer operation seized thousands …
Eric Geller / Cybersecurity Dive: In a joint statement, the US, France, Germany, and eight other countries say Russia has stepped up cyber attacks on firms aiding Ukraine, often via Fancy Bear — One of Moscow's most infamous hacker teams is targeting logistics and technology companies supporting Kyiv's war effort. — Listen to the article
Wall Street Journal: Sources: US chipmaker Wolfspeed is preparing to file for Chapter 11 bankruptcy within weeks after passing on debt-holder proposals to restructure its debt — The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court
Chance Miller / 9to5Mac: Epic Games announces that Fortnite is back on the App Store in the US for iPhone and iPad users, and on the Epic Games Store and AltStore in the EU — After a nearly five-year hiatus, Fortnite is back on the App Store for iPhone and iPad users in the United States.
Charles Szumski / Euractiv: Sweden passes a law criminalizing the purchase of live online sexual performances, including cam shows and sex chats; buying pre-recorded content remains legal — The new law criminalises paid online sexual services, including cam shows and sex chats. — Based on facts, either observed …
Emilia David / VentureBeat: Google rolls out Jules, its asynchronous, agentic coding assistant unveiled in December 2024, in public beta and expects to announce pricing after the beta — Vibe coding and the growth of AI-powered coding platforms gave rise to yet another battleground among tech companies.
Jonathan Vanian / CNBC: Palo Alto Networks reports Q3 revenue up 15% YoY to $2.29B, vs. $2.28B est., net income down 6% to $262.1M, and non-GAAP gross margin of 76%, vs. 77.2% est. — Palo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates.
Jason Schreier / Bloomberg: Take-Two plans to sell $1B of new stock to investors and use the proceeds for general corporate purposes, including repayment of debt and future acquisitions — The New York-based video-game maker plans to use the proceeds for general corporate purposes, including repayment of debt and future acquisitions …
Samantha Subin / CNBC: Google commits up to $150M, including $75M for product development and commercialization, as part of its partnership with Warby Parker to make smart glasses — Warby Parker shares surged 15.6% after Google announced a smart glasses partnership at the tech company's annual I/O developer conference.
Kyle Wiggers / TechCrunch: Google launches SynthID Detector, a verification portal that lets users upload files and tries to identify if they contain content made with Google AI — Google is launching a way to quickly check whether an image, video, audio file, or snippet of text was created using one of its AI tools.
Mark Gurman / Bloomberg: Xreal unveils Project Aura, expected to be the first Android XR glasses, powered by a separate puck with a Qualcomm chip, slated to launch by early 2026 — Alphabet Inc.'s Google has entered the glasses race by partnering with Xreal Inc. on the first spectacles to run an augmented-reality version of its operating system.
Dominic Preston / The Verge: Google debuts Search Live, which lets users tap a “Live” icon in AI Mode or Lens and then converse with Search about what's in their camera's field of view — Gemini Live on iOS is also getting screen and camera sharing for free. … At its I/O developer conference today …
Jay Peters / The Verge: Google unveils Gemini in Chrome, which initially works across just two tabs but will eventually support many and be agentic, for Google AI Pro and Ultra users — Google's AI assistant will be able to help you while you browse. … Google is adding its Gemini AI assistant to Chrome, the company announced at Google I/O on Tuesday.
Emma Roth / The Verge: Google will soon let users shop in AI Mode, unveils agentic checkout, and updates its virtual try-on feature in Search Labs for clothes shoppers in the US — There's also a new way to find products you're looking for in AI Mode. … Google is taking its virtual try-on feature to a new level.
Igor Bonifacic / Engadget: Google's AI Mode, its chatbot for Search, rolls out to everyone in the US and will include features like Deep Search, agentic capabilities, and chart generation — Google has begun rolling out AI Mode to every Search user in the US. The company announced the expansion during its I/O 2025 conference.
Aisha Malik / TechCrunch: Google announces Video Overviews is coming soon to NotebookLM, to turn dense multimedia, like raw notes, PDFs, and images, into digestible visual presentations — At Google I/O 2025, the tech giant unveiled new capabilities coming to NotebookLM, its AI-based note-taking and research assistant.
Taryn Plumb / VentureBeat: Google debuts Deep Think, an enhanced reasoning mode in Gemini 2.5 Pro that it says excels at math and coding, available to “trusted testers” via the Gemini API — Google is moving closer to its goal of a “universal AI assistant” that can understand context, plan and take action.
Bloomberg: Huawei launches its first laptops running on HarmonyOS, including the 18-inch foldable MateBook Fold, and is working to make the OS compatible with 2,000+ apps — The company's HarmonyOS is now ready to run on the MateBook Fold, its latest foldable laptop, consumer chief Richard Yu said Monday.
Clare Duffy / CNN: The US House Budget Committee advances a budget bill that would ban US states from enforcing any law regulating AI for 10 years; the bill now goes to the House — New York CNN — — More than 100 organizations are raising alarms about a provision in the House's sweeping tax …
Todd Spangler / Variety: SAG-AFTRA files an NLRB unfair labor practice charge against Epic's Llama Productions for using AI to recreate James Earl Jones' Darth Vader voice in Fortnite — The actors union said Epic-owned Llama Productions “chose to replace the work of human performers with AI technology” …
Bloomberg: Source: the US DOJ has opened a probe into a recent data breach at Coinbase; Coinbase says it's working with the DOJ and other law enforcement agencies — Investigators, including those in the department's criminal division in Washington, are digging into the circumstances surrounding the breach …
Washington Post: Investigation: New Orleans police secretly scanned city streets with 200+ facial recognition cameras for two years, seemingly defying a 2022 city ordinance — Following records requests from The Post, officials paused the first known, widespread live facial recognition program used by police in the United States.
Lauren Feiner / The Verge: Trump signs the Take It Down Act, criminalizing the distribution of nonconsensual intimate content and requiring platforms to promptly remove it when notified — The bill sailed through Congress with a focus on deepfakes and other nonconsensual intimate images.
Fahad Abuljadayel / Bloomberg: Graphiant, a San Jose-based NaaS startup, raised a $19M Series B extension led by Aramco's Wa'ed and Saudi Telecom's Tali, bringing the round total to $102M — The venture capital arms of Saudi Arabia's oil and telecom giants have invested in US tech startup Graphiant Inc. as the kingdom seeks …
Luisa Beltran / Fortune: Sources: Circle recently engaged in informal talks to sell itself to Coinbase or Ripple, seeking at least $5B, the valuation it is targeting in a potential IPO — Brian Armstrong is cofounder and CEO of Coinbase — Circle Internet Financial, the issuer of the crypto stablecoin USDC …
Arjun Kharpal / CNBC: Qualcomm plans to launch a CPU for data centers designed to work with Nvidia's GPUs, marking its re-entry into the data center market dominated by Intel and AMD — Qualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link to Nvidia's chips.
Pradeep Viswanathan / Neowin: Microsoft announces Microsoft Discovery, an agentic platform to accelerate scientific discovery and enterprise R&D efforts — At Build 2025, Microsoft announced a new enterprise agentic platform called Microsoft Discovery that will help enterprises and research labs accelerate research and discovery.
Isaac Schultz / Gizmodo: Researchers: GPT-4 was 64.4% more persuasive than humans in one-on-one debates when given basic personal information about the person it was trying to persuade — A new study shows LLMs like Chat GPT win more debates than humans when it gets a little personal.
Chris Thomas / Android Police: Verizon halts its launch of the Moto Razr 2025 foldable with some in-progress shipments reversed, amid rumors of fire hazards and quarantines of in-store stock — I went hands-on with Motorola's three new Razrs, and they're familiar, fashionable, and deeply frustrating — Read update
Tom Warren / The Verge: Microsoft adds Grok 3 and Grok 3 mini to its Azure AI Foundry service; sources: Satya Nadella had been pushing for Microsoft to host Grok — Grok 3 and Grok 3 mini are both coming to Microsoft's Azure AI Foundry service. … I reported in my Notepad newsletter earlier this month that Microsoft …
Nilay Patel / The Verge: Q&A with Microsoft CTO Kevin Scott on AI agents and MCP, web search, NLWeb, the relationship with OpenAI, how new hardware and optimizations benefit AI, more — Today, I'm talking with Kevin Scott, the chief technology officer of Microsoft and one of the company's AI leaders.
CNBC: Jamie Dimon says JPMorgan will now let clients buy bitcoin, adding “We're not going to custody it. We're going to put it in statements for clients.” — JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic.
Emily Nicolle / Bloomberg: How the crypto industry is adapting to the recent wave of kidnappings, from more extensive security around conferences, to a rise in personal bodyguards, more — Pijlman works for an Amsterdam-based firm that provides physical security and intelligence services to cryptocurrency holders …
Kaitlyn Tiffany / The Atlantic: Some parent groups are hosting Alternative Device Fairs, showcasing phones with limited features, social media blocks, and AI-powered content filters — The dream of a phone without problems — On a recent commute to work, I texted my distant family about our fantasy baseball league …
Bloomberg: Sources: Cyera is raising $500M led by Lightspeed, Greenoaks and Georgian in a round valuing the data security company at $6B, up from 2024's $3.4B valuation — Data security business Cyera is set to be valued at $6 billion in a new investment round, according to people with knowledge of the matter.
Michael Burkhardt / 9to5Mac: Gurman: Apple is “unlikely” to spend much time discussing Siri at WWDC and is preparing to separate the Apple Intelligence brand from Siri in marketing — In a new, lengthy report regarding Apple's AI strategy, Bloomberg's Mark Gurman has detailed a number of strategic failures for the launch of Apple Intelligence.
Bloomberg: Sources detail Apple's AI efforts, including John Giannandrea's tenure, Craig Federighi's initial lack of interest in LLMs, and its acquisitions, including Siri — Insiders say continued failure to get artificial intelligence right threatens everything from the iPhone's dominance to plans for robots and other futuristic products.
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