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)

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.



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.



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



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...