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19

Apple's latest supplier list shows the challenges the company is facing in diversifying its supply chain, as its Chinese suppliers grew from 48 to 52 in 2023 (Nikkei Asia)

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Apple's latest supplier list shows the challenges the company is facing in diversifying its supply chain, as its Chinese suppliers grew from 48 to 52 in 2023 — Japan, Taiwan and U.S. supplier numbers dip as iPhone maker expands in…

18

Sources: China's muted response to TikTok bill reflects the view that TikTok is of less strategic value than Huawei; China prefers TikTok US closure to sale (Wall Street Journal)

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Sources: China's muted response to TikTok bill reflects the view that TikTok is of less strategic value than Huawei; China prefers TikTok US closure to sale — Chinese officials have been relatively muted in defense of the app, while…

17

The NHTSA finds that Tesla's driver-assist features insufficiently keep drivers engaged in the task of driving, and links them to 100+ crashes and 10+ deaths (Andrew J. Hawkins/The Verge)

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The NHTSA finds that Tesla's driver-assist features insufficiently keep drivers engaged in the task of driving, and links them to 100+ crashes and 10+ deaths — In March 2023, a North Carolina student was stepping off a school bus when he…

Apple removes three AI image generation apps from the App Store after a 404 Media probe found the apps advertised being able to create nonconsensual nude images (Emanuel Maiberg/404 Media)

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Apple removes three AI image generation apps from the App Store after a 404 Media probe found the apps advertised being able to create nonconsensual nude images — Apple and Google appear more willing to take action against these apps than…

15

A look at Abu Dhabi-based AI startup G42, as sources say US intelligence officials fixated on CEO Xiao Peng ahead of its China divestment and Microsoft deal (Bloomberg)

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A look at Abu Dhabi-based AI startup G42, as sources say US intelligence officials fixated on CEO Xiao Peng ahead of its China divestment and Microsoft deal — Abu Dhabi-based G42 found it could no longer play for both teams. — G42, a…

14

The EU Commission says Shein will have to comply with DSA rules for handling content on its platform from August 2024, as the retailer has 45M+ users in the EU (Clothilde Goujard/Politico)

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The EU Commission says Shein will have to comply with DSA rules for handling content on its platform from August 2024, as the retailer has 45M+ users in the EU — BRUSSELS — Chinese-founded fashion app Shein will face stringent rules on how…

Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure (Dustin Volz/Wall Street Journal)

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Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure — Panel will advise Department of Homeland Security on deploying artificial…

11

Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B (Financial Times)

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Thoma Bravo agrees to buy UK-based cyber security company Darktrace for $7.75 per share, a 20% premium on its April 25 closing price, valuing the company at $5B — Offer comes less than two years after private equity group held talks about…

06

TechInsights teardown: Huawei's Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro's Kirin 9000s (Vlad Savov/Bloomberg)

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TechInsights teardown: Huawei's Pura 70 uses a 7nm chip, similar to the Mate 60, and a Kirin 9010 processor, a newer version of the Mate 60 Pro's Kirin 9000s — - The Pura 70 relies on a 7nm chip similar to the Mate 60's — Washington has…

04

Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs (Financial Times)

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Sources: the US is urging Japan, South Korea, and the Netherlands to tighten export controls to China, including stopping engineers from servicing Chinese fabs — Washington urges Japan, South Korea and the Netherlands to tighten supply of…

New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect (Camomile Shumba/CoinDesk)

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New rules that allow UK law enforcement agencies to seize, destroy, or transfer crypto holdings used for crime before making an arrest take effect — Law enforcement agencies will no longer need to wait for an arrest to seize crypto. — New…

02

Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his company Global Tetrahedron; Lawson had long wanted to buy the satirical site (Katie Robertson/New York Times)

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Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his company Global Tetrahedron; Lawson had long wanted to buy the satirical site — The satirical news website was bought by a new firm in Chicago that took…

Consensys sues the US SEC over what it calls the "unlawful seizure of authority" over ethereum, after receiving a Wells notice for its MetaMask wallet product (CoinDesk)

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Consensys sues the US SEC over what it calls the “unlawful seizure of authority” over ethereum, after receiving a Wells notice for its MetaMask wallet product — By offering their MetaMask wallet software, the SEC says Consensys is acting…

01

The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia (Chris Miller/Financial Times)

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The CHIPS Act has been surprisingly successful so far, giving the US greater scope to meet critical infrastructure needs in the event of a crisis in East Asia — More than halfway through its incentives spending, the US will have far…

Thursday, Apr 25

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In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI's board and how OpenAI decides when a technology achieves AGI (Bloomberg)

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In a subpoena, Elon Musk asked Helen Toner to hand over documents about her departure from OpenAI's board and how OpenAI decides when a technology achieves AGI — Elon Musk has stepped up his court fight with OpenAI by demanding documents…

23

Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY (Jordan Novet/CNBC)

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Microsoft reports Q3 Intelligent Cloud revenue up 21% YoY to $26.71B, vs. $26.26B est., with Azure and other cloud services revenue up 31% YoY — WATCH NOW — Microsoft beats on top and bottom line, Azure continues to accelerate — Microsoft…

Atlassian's co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor (Scott Farquhar/Work Life)

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Atlassian's co-CEO Scott Farquhar plans to step down on August 31, 2024, after 23 years at the company; he will remain a board member and a special advisor — Sharing a note I sent to our Atlassian employees earlier today — It's with a full…

Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares (Akash Sriram/Reuters)

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Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares — Alphabet (GOOGL.O) announced its first-ever dividend of 20 cents per share on Thursday, returning…

Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours (Ashley Capoot/CNBC)

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Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 24%+ after hours — WATCH NOW — Snap stock soars following beat on revenue, earnings and daily…

Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours (Alphabet)

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Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours — Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for…

22

As ASML shareholders approve Christophe Fouquet as CEO, he faces a tricky balancing act to guide ASML, Europe's largest tech firm, through the US-China chip war (Toby Sterling/Reuters)

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As ASML shareholders approve Christophe Fouquet as CEO, he faces a tricky balancing act to guide ASML, Europe's largest tech firm, through the US-China chip war — ASML's (ASML.AS) new boss Christophe Fouquet faces a tricky balancing act in…

Nagomi Security, which has developed a proactive security and threat exposure management platform, emerges from stealth with a $23M Series A and a $7M seed (Meir Orbach/CTech)

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Nagomi Security, which has developed a proactive security and threat exposure management platform, emerges from stealth with a $23M Series A and a $7M seed — The Israeli startup's platform helps security teams prioritize the most urgent…

21

Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018 (Ingrid Lunden/TechCrunch)

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Stripe will let customers accept crypto payments, starting with USDC on Solana, Ethereum, and Polygon, the first time it has taken crypto payments since 2018 — Stripe, the fintech giant, continues to inch its way back into the…

20

Threads expands Hidden Words to let users filter out words, phrases, and emoji; Threads is also testing a way to mute notifications and controls for quote posts (Ivan Mehta/TechCrunch)

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Threads expands Hidden Words to let users filter out words, phrases, and emoji; Threads is also testing a way to mute notifications and controls for quote posts — Threads and Instagram head Adam Mosseri announced today that Threads is…

Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems (Reuters)

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Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems — TikTok owner ByteDance would prefer shutting down its loss-making app rather…

Cloud data management startup Rubrik opens up 20% at $38.60 per share in its NYSE debut, after raising $752M at a $5.6B valuation (CNBC)

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Cloud data management startup Rubrik opens up 20% at $38.60 per share in its NYSE debut, after raising $752M at a $5.6B valuation — In this photo illustration, the Rubrik, Inc. logo is displayed on a smartphone screen. — Data management…

19

The FCC votes 3-2 to reinstate the US' net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet (Cecilia Kang/New York Times)

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The FCC votes 3-2 to reinstate the US' net neutrality rules, expanding government oversight of ISPs and aiming to protect consumer access to the internet — Commissioners voted along party lines to revive the rules that declare broadband as…

Sublime, which monitors emails of companies and political campaigns to spot AI-generated phishing attacks, raised a $20M Series A, taking total funding to $30M (Thomas Brewster/Forbes)

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Sublime, which monitors emails of companies and political campaigns to spot AI-generated phishing attacks, raised a $20M Series A, taking total funding to $30M — While Russian agents were breaking into the Democratic National Committee's…

18

Movement Labs, which is building Movement L2, a layer-2 Ethereum blockchain based on the Move programming language, raised a $38M Series A led by Polychain (Leo Schwartz/Fortune)

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Movement Labs, which is building Movement L2, a layer-2 Ethereum blockchain based on the Move programming language, raised a $38M Series A led by Polychain — The blockchain race is about to get even more crowded: Movement Labs, a San…

17

Sources: a Huawei-led consortium, backed by Chinese government funding, aims to compete with Nvidia by making high-bandwidth memory chips, used in GPUs, by 2026 (The Information)

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Sources: a Huawei-led consortium, backed by Chinese government funding, aims to compete with Nvidia by making high-bandwidth memory chips, used in GPUs, by 2026 — Huawei Technologies is leading a group of Chinese semiconductor companies…