Tripp Mickle / New York Times:
How Apple's extraordinary measures to keep its App Store commissions after the Epic v. Apple trial led to a civil contempt ruling and weakened its credibility — Court documents show the company commissioned a sham report and lied on the stand to justify its actions, which will cast a shadow over future lawsuits.
Tech Nuggets with Technology: This Blog provides you the content regarding the latest technology which includes gadjets,softwares,laptops,mobiles etc
Friday, May 9, 2025
How Apple's extraordinary measures to keep its App Store commissions after the Epic v. Apple trial led to a civil contempt ruling and weakened its credibility (Tripp Mickle/New York Times)
Sources: CoreWeave plans to raise ~$1.5B through a high-yield bond offering, aiming to refinance part of its massive liabilities, weeks after a muted IPO (Financial Times)
Financial Times:
Sources: CoreWeave plans to raise ~$1.5B through a high-yield bond offering, aiming to refinance part of its massive liabilities, weeks after a muted IPO — AI data centre provider returns to investors with potential bond offerings that could reduce cost of borrowing
Appfigures estimates Apple's US App Store revenue from commissions was ~$10.1B in 2024, more than doubling from ~$4.76B in 2020 (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Appfigures estimates Apple's US App Store revenue from commissions was ~$10.1B in 2024, more than doubling from ~$4.76B in 2020 — Over $10 billion — that's how much revenue Apple's U.S. App Store raked in last year, according to a new analysis by app intelligence provider Appfigures.
Thursday, May 8, 2025
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, ahead of the Switch 2 (Yuri Kageyama/Associated Press)
Yuri Kageyama / Associated Press:
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, ahead of the Switch 2 — Japanese video-game maker Nintendo on Thursday reported a 43% decline in profit for the fiscal year through March …
Rockstar says its new Grand Theft Auto VI trailer was "captured entirely in-game from a PlayStation 5, comprised of equal parts gameplay and cutscenes" (Andrew Webster/The Verge)
Andrew Webster / The Verge:
Rockstar says its new 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 …
Wednesday, May 7, 2025
IBM CEO Arvind Krishna says the company used AI agents to replace the work of 200+ HR employees and, as a result, hired more programmers and salespeople (Belle Lin/Wall Street Journal)
Belle Lin / Wall Street Journal:
IBM CEO Arvind Krishna says the company used AI agents to replace the work of 200+ HR employees and, as a result, hired more programmers and salespeople — The tech company promises higher total employment as it reinvests resources toward roles like software development
Tuesday, May 6, 2025
European drone startups Quantum Systems raised €160M, sources say at a €1B+ valuation, and Tekever hit a £1B+ valuation, as VCs pour money into European defense (Financial Times)
Financial Times:
European drone startups Quantum Systems raised €160M, sources say at a €1B+ valuation, and Tekever hit a £1B+ valuation, as VCs pour money into European defense — Quantum Systems and Tekever each valued at more than €1bn in latest fundraisings, as new investors flock to ‘dual use’ tech companies
Microsoft shut down Skype on May 5, capping a remarkable 21-year run for a software that for many embodied the open internet and hit 300M+ users in its heyday (Leo Sands/Washington Post)
Leo Sands / Washington Post:
Microsoft shut down Skype on May 5, capping a remarkable 21-year run for a software that for many embodied the open internet and hit 300M+ users in its heyday — After 21 years, Microsoft is hanging up on Skype. In its heyday, the calling service connected millions around the world.
Monday, May 5, 2025
Meta AI brings more privacy risks than ChatGPT and Gemini, building a Memory file including the user's sensitive personal info, like fertility and payday loans (Geoffrey A. Fowler/Washington Post)
Geoffrey A. Fowler / Washington Post:
Meta AI brings more privacy risks than ChatGPT and Gemini, building a Memory file including the user's sensitive personal info, like fertility and payday loans — Meta's chatbot remembers everything, even what you might not want it to. — Mark Zuckerberg has a new way to invade your privacy: a creepier version of ChatGPT.
Researchers: open source serialization tool easyjson, developed by Russia's VK Group and widely used by the US DOD and others, poses a national security risk (Matt Burgess/Wired)
Matt Burgess / Wired:
Researchers: open source serialization tool easyjson, developed by Russia's VK Group and widely used by the US DOD and others, poses a national security risk — The open source software easyjson is used by the US government and American companies. But its ties to Russia's VK …
Tether CEO Paolo Ardoino announces Tether AI, an open-source AI runtime that supports USDT and Bitcoin payments without a central point of failure (Sam Reynolds/CoinDesk)
Sam Reynolds / CoinDesk:
Tether CEO Paolo Ardoino announces Tether AI, an open-source AI runtime that supports USDT and Bitcoin payments without a central point of failure — Tether CEO Paolo Ardoino Tether AI tech will enable an unstoppable peer-to-peer network of billions of AI agents — What to know:
Some say ChatGPT fueled their loved ones' spiritual delusions; experts warn AI's human-like chats can exacerbate existing psychological vulnerabilities (Miles Klee/Rolling Stone)
Miles Klee / Rolling Stone:
Some say ChatGPT fueled their loved ones' spiritual delusions; experts warn AI's human-like chats can exacerbate existing psychological vulnerabilities — Self-styled prophets are claiming they have ‘awakened’ chatbots and accessed the secrets of the universe through ChatGPT
Sunday, May 4, 2025
The UAE will add AI to public school curriculum, including ethical awareness and foundational concepts, for kindergarten pupils through to 12th grade this year (Sara Gharaibeh/Bloomberg)
Sara Gharaibeh / Bloomberg:
The UAE will add AI to public school curriculum, including ethical awareness and foundational concepts, for kindergarten pupils through to 12th grade this year — The United Arab Emirates will introduce artificial intelligence to the public school curriculum this year …
President Trump's fiscal 2026 budget proposal suggests slashing $491M from CISA's ~$3B budget, claiming the cut "refocuses CISA on its core mission" (Tim Starks/CyberScoop)
Tim Starks / CyberScoop:
President Trump's fiscal 2026 budget proposal suggests slashing $491M from CISA's ~$3B budget, claiming the cut “refocuses CISA on its core mission” — A budget summary doesn't give specific details on which programs it would cut, instead providing a broad outline. — Learn more.
As Xbox hikes game prices, the three highest-reviewed games of 2025 so far on Metacritic--Clair Obscur, Blue Prince, and Split Fiction--are all budget titles (Jason Schreier/Bloomberg)
Jason Schreier / Bloomberg:
As Xbox hikes game prices, the three highest-reviewed games of 2025 so far on Metacritic—Clair Obscur, Blue Prince, and Split Fiction—are all budget titles — As Xbox announces a price hike, the year's best-reviewed games are all budget titles — Hi everyone.
Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sector in 2025 amid concerns over AI threat (Financial Times)
Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...
-
Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
-
The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...