Sources: Facebook and Instagram face scam ad surge from Asia and Meta is reluctant to add hurdles for ad buyers; Meta says it's tackling an "epidemic of scams" (Wall Street Journal)
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Sony's Haven Studios head Jade Raymond leaves the company she founded in 2021; sources say some developers worried over its first game's reception and progress (Jason Schreier/Bloomberg)
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MoviePass secures a $100M capital investment from Global Emerging Markets to accelerate the development of Mogul, a fantasy gaming service launched this month (Brent Lang/Variety)
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Shanghai-based Synyi AI launches a trial program in Saudi Arabia to let patients see an AI doctor for diagnoses and prescriptions, which a human doctor reviews (Karoline Kan/Bloomberg)
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Following Grok's "white genocide in South Africa" responses on X, xAI says an "unauthorized modification" was made to the Grok response bot's prompt on May 14 (Kyle Wiggers/TechCrunch)
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Montana became the first US state to close a data broker loophole that let police buy users' geolocation data and other digital info without a judge's warrant (Matthew Guariglia/Electronic Frontier ...)
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Sources: Microsoft stops production of its Surface Laptop Studio 2 and plans to mark the device's end of life in June, with no plans for a successor (Tom Warren/The Verge)
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FTC v. Meta: Meta asks the judge to throw out the antitrust case, arguing the FTC failed to prove that Meta is an illegal monopoly after five weeks of trial (Adi Robertson/The Verge)
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Windsurf launches SWE-1, its first family of software engineering AI models, claiming its largest model matches Claude 3.5 Sonnet, GPT-4.1, and Gemini 2.5 Pro (Maxwell Zeff/TechCrunch)
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Apple says a warning on EU App Store listings for apps with no IAP has been live since March 2024, and the EU told it to hold off on tweaks that Apple proposed (Sarah Perez/TechCrunch)
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Sources: DOJ is conducting a criminal antitrust probe into whether Live Nation and AEG illegally colluded on concert refunds at the start of the COVID pandemic (Bloomberg)
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Take-Two reports Q4 net bookings up 17% YoY to $1.58B, vs. $1.55B est., net revenue up 13% YoY to $1.58B, and forecasts FY 2026 net bookings below expectations (Jason Schreier/Bloomberg)
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Filing: Anthropic apologizes after one of its expert witnesses cited a fake article hallucinated by Claude in the company's legal battle with music publishers (Maxwell Zeff/TechCrunch)
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Neal Mohan says the monetization rate of Shorts hit parity with core YouTube in the US and multiple other countries, and Shorts viewing grew 20% YoY in Q1 2025 (Todd Spangler/Variety)
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Source: hackers bribed enough Coinbase customer service representatives to achieve effectively on-demand access to Coinbase customer information since January (Bloomberg)
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Sources: Meta has delayed the rollout of its Behemoth LLM, internally slated for an April release, to fall or later after struggling to improve its capabilities (Wall Street Journal)
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Sources: Cohere, which has raised $1B+, was on pace to generate just $70M in revenue annually as of February 2025, after projecting ~$450M in revenue in 2024 (Jon Victor/The Information)
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Pinterest apologizes for a recent wave of mass account bans, saying "an internal error led to over-enforcement" (Sarah Perez/TechCrunch)
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Sources: under the Trump administration, the SEC continues investigating whether Coinbase misstated its user numbers by reporting 100M+ "verified users" in 2021 (New York Times)
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YouTube launches a weekly top podcast shows chart, tracking podcasts in the US and updated every Wednesday; The Joe Rogan Experience currently tops the chart (Zach Vallese/CNBC)
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Akido Labs, which makes AI assistants for doctors to improve patient treatment efficiency, raised a $60M Series B led by Oak HC/FT (Madeline Renbarger/Newcomer)
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Cognichip, which is building a physics-informed foundational AI model to develop new chips, emerges from stealth with a $33M seed led by Lux and Mayfield (Rebecca Szkutak/TechCrunch)
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Filing: CoreWeave secures a deal worth ~$4B to provide cloud computing capacity to OpenAI through 2029, in addition to a $12B deal announced before its IPO (Edward Ludlow/Bloomberg)
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Threads now lets creators add up to five links to their profile bios and rolls out analytics tools to track clicks on profile links and links shared in posts (Sarah Perez/TechCrunch)
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Pathos AI, which uses AI to develop oncology drugs, raised a $365M Series D at a $1.6B valuation, bringing its total funding to $467M, per PitchBook (Katherine Davis/Axios)
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