Reuters:
Didi reports Q1 revenue up 8.5% YoY to ~$7.4B, a ~$334M net income, up from a ~$194M loss YoY, transactions up 10% YoY to 3.3B, and ~$418M international revenue — Chinese ride-hailing company Didi Global reported an 8.5% rise in revenue in the first quarter of 2025 to 53.3 billion yuan …
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Thursday, June 5, 2025
Didi reports Q1 revenue up 8.5% YoY to ~$7.4B, a ~$334M net income, up from a ~$194M loss YoY, transactions up 10% YoY to 3.3B, and ~$418M international revenue (Reuters)
Sensor Tower: Temu's US DAUs fell 52% in May compared to March, while Shein's dropped 25%, amid the US' China tariffs and the closure of "de minimis" loophole (Karen Gilchrist/CNBC)
Karen Gilchrist / CNBC:
Sensor Tower: Temu's US DAUs fell 52% in May compared to March, while Shein's dropped 25%, amid the US' China tariffs and the closure of “de minimis” loophole — Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S. market amid President Donald Trump's tariffs …
Wednesday, June 4, 2025
Photos and partial footage of an FSD-enabled Tesla sideswiping a parked vehicle and hitting a woman in November 2023 shows FSD's limits; the NHTSA is probing it (Bloomberg)
Bloomberg:
Photos and partial footage of an FSD-enabled Tesla sideswiping a parked vehicle and hitting a woman in November 2023 shows FSD's limits; the NHTSA is probing it — The setting sun was blinding drivers on the Arizona interstate between Flagstaff and Phoenix in November 2023.
Google pauses the rollout of Photos' AI-powered Ask Photos feature due to issues with latency, quality, and user experience, per a Google product manager on X (Hayden Field/The Verge)
Hayden Field / The Verge:
Google pauses the rollout of Photos' AI-powered Ask Photos feature due to issues with latency, quality, and user experience, per a Google product manager on X — 'Ask Photos isn't where it needs to be,' says a product manager for Google Photos.
An interview with Mario Kart World producer Kosuke Yabuki on balancing chaos and accessibility, redesigning core mechanics, and more, ahead of its June 5 launch (Christopher Cruz/Rolling Stone)
Christopher Cruz / Rolling Stone:
An interview with Mario Kart World producer Kosuke Yabuki on balancing chaos and accessibility, redesigning core mechanics, and more, ahead of its June 5 launch — Mario Kart World producer Kosuke Yabuki discusses the challenges of a free roam racer and balancing the difficulty for new players
Nokia, Nvidia, Safran, and 40+ organizations plan to build an EU-funded unmanned drone project to protect critical infrastructure, set to launch in three years (Nathan Vifflin/Reuters)
Nathan Vifflin / Reuters:
Nokia, Nvidia, Safran, and 40+ organizations plan to build an EU-funded unmanned drone project to protect critical infrastructure, set to launch in three years — A consortium of more than 42 organizations, led by Nokia (NOKIA.HE), will work on an unmanned drone project aimed at protecting …
Tuesday, June 3, 2025
Dublin-based cross-border payment startup NomuPay raised a $40M Series C at a $290M valuation, following a $37M Series B at a $200M valuation in January 2025 (Kate Park/TechCrunch)
Kate Park / TechCrunch:
Dublin-based cross-border payment startup NomuPay raised a $40M Series C at a $290M valuation, following a $37M Series B at a $200M valuation in January 2025 — As global trade evolves, there's an increasing demand for diverse cross-border payment options.
Monday, June 2, 2025
Paris' public prosecutor says it charged 25 people, including six minors, over a spate of kidnappings and attempted abductions targeting crypto executives (Le Monde)
Le Monde:
Paris' public prosecutor says it charged 25 people, including six minors, over a spate of kidnappings and attempted abductions targeting crypto executives — Twenty-five people, including six minors, were charged in Paris over a spate of kidnappings and attempted abductions in France's cryptocurrency world …
Sources: Meta aims to help brands fully create and target ads using AI by the end of 2026, including images and budgetary goals, building on its current tools (Wall Street Journal)
Wall Street Journal:
Sources: Meta aims to help brands fully create and target ads using AI by the end of 2026, including images and budgetary goals, building on its current tools — AI-powered advertising is part of CEO Mark Zuckerberg's vision for the company's future — Meta Platforms is betting that automation is the future of ads.
Sunday, June 1, 2025
How the delivery app Fantuan grew its US presence to 50+ cities since 2019 by focusing on Asian cuisines, with an app design reminiscent of Chinese platforms (Alex Harring/CNBC)
Alex Harring / CNBC:
How the delivery app Fantuan grew its US presence to 50+ cities since 2019 by focusing on Asian cuisines, with an app design reminiscent of Chinese platforms — NEW YORK - When Kelly Wu feels sick and wants a delivery of congee, the Chinese porridge she grew up eating, she opts for a platform many may not have heard of.
Researchers say tactics used to make AI more engaging, like making them more agreeable, can make chatbots reinforce harmful ideas, like encouraging drug use (Nitasha Tiku/Washington Post)
Nitasha Tiku / Washington Post:
Researchers say tactics used to make AI more engaging, like making them more agreeable, can make chatbots reinforce harmful ideas, like encouraging drug use — Tactics used to make AI tools more engaging can drive chatbots to monopolize users' time or reinforce harmful ideas.
DappRadar: NFT lending market volume has dropped 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity falling by 90% (Stephen Katte/Cointelegraph)
Stephen Katte / Cointelegraph:
DappRadar: NFT lending market volume has dropped 97% from a peak of ~$1B in January 2024 to ~$50M in May 2025, with borrower activity falling by 90% — Average NFT loan sizes have tanked, which DappRadar's Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage.
Saturday, May 31, 2025
Internal docs show Meta plans to use AI to automate up to 90% of its privacy and integrity risk assessments, including in sensitive areas like violent content (NPR)
NPR:
Internal docs show Meta plans to use AI to automate up to 90% of its privacy and integrity risk assessments, including in sensitive areas like violent content — For years, when Meta launched new features for Instagram, WhatsApp and Facebook, teams of reviewers evaluated possible risks: Could it violate users' privacy?
Google quietly released an Android app called Google AI Edge Gallery on GitHub, letting users run some AI models from Hugging Face locally on their phones (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
Google quietly released an Android app called Google AI Edge Gallery on GitHub, letting users run some AI models from Hugging Face locally on their phones — Last week, Google quietly released an app that lets users run a range of openly available AI models from the AI dev platform Hugging Face on their phones.
Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS (Cecilia D'Anastasio/Bloomberg)
Cecilia D'Anastasio / Bloomberg:
Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS — At a recent peak on Saturday, May 24, some 8.7 million people were playing at once, roughly the population of Switzerland …
Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)
Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...
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