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Wednesday, April 30, 2025

Sources: Ripple has proposed a takeover of Circle for $4B to $5B, a bid that was rejected as too low; Ripple remains interested in Circle (Bloomberg Tax)
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Visa partners with Stripe's Bridge to help fintechs launch their own stablecoin-linked card programs in multiple countries at once, starting in Latin America (Emily Mason/Bloomberg)
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Visa announces Visa Intelligent Commerce, opening its payment network to developers building AI agents to find and buy products for users (Sabrina Ortiz/ZDNET)
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Tuesday, April 29, 2025

SoFi plans to bring back crypto investing in 2025; SoFi chose to drop it in 2023 to get a bank charter, forcing users to Blockchain.com or to liquidate holdings (Hugh Son/CNBC)
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The latest update of GPT-4o is "now 100% rolled back" for free users and is currently rolling back for paid users, as OpenAI aims to fix the model's sycophancy (Kyle Wiggers/TechCrunch)
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PayPal is expanding PayPal Ads to sell programmatic ads on the open web, using shopping data from its services to help advertisers target ads (Lauren Johnson/Adweek)
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Monday, April 28, 2025

A deep dive on GPT-4o's tendency to give sycophantic responses, an issue Sam Altman promised to fix and that may be caused by OpenAI optimizing for engagement (Zvi Mowshowitz/Don't Worry About the Vase)
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OpenAI announces that it will start showing product recommendations in ChatGPT, even for logged-out users, with buy buttons that link to merchants' sites (Reece Rogers/Wired)
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P-1 AI, which is developing an AI-powered engineering agent and hopes AI can eventually design complex machines, emerges from stealth with $23M in seed funding (Sharon Goldman/Fortune)
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Sunday, April 27, 2025

Geoffrey Hinton fears AI companies are under-investing in safety research, embracing military usage, and sharing model weights while pushing for less regulation (CBS Mornings on YouTube)
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A profile of Darktrace CEO Jill Popelka, who joined the British cyber security firm in Jan. 2024 and was at the helm when it was bought by Thoma Bravo for £4.3B (Anjli Raval/Financial Times)
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Analysis: Meesho accounts for about 37% of India's e-commerce orders, but only 8%-9% of the sector's total value due to the small average transaction size (Manish Singh/India Dispatch)
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While Apple's iPhone manufacturing in India matches China in quality, making the extraordinarily complex 20th anniversary iPhones outside China remains doubtful (Mark Gurman/Bloomberg)
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Saturday, April 26, 2025

Prompt engineering roles, one of the buzziest jobs in 2023, become obsolete as AI models better intuit user intent and companies train staff in writing prompts (Isabelle Bousquette/Wall Street Journal)
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At a major Hong Kong electronics exhibition, some Chinese companies say they are exploring ways to lower or skirt tariffs while others plan to wait them out (Luz Ding/Bloomberg)
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Stripe plans to test a stablecoin payments product aimed at companies outside the US, the UK, and the EU, using tech from Bridge, which Stripe acquired recently (Francisco Rodrigues/CoinDesk)
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Watching OpenAI's o3 guess a photo's location feels surreal, dystopian, and entertaining, including running Python code to examine details like license plates (Simon Willison/Simon Willison's Weblog)
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Friday, April 25, 2025

Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East (Bloomberg)
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Thursday, April 24, 2025

The NHTSA plans to ease rules for autonomous vehicles, including loosening crash reporting requirements and simplifying approvals, in changes championed by Musk (Financial Times)
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Meta moves Threads from Threads.net to Threads.com and updates its web app, including features to more easily access custom feeds, create new columns, and more (Sarah Perez/TechCrunch)
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Infinite Reality, a metaverse startup that claims it is valued at $15.5B, faces questions about the legitimacy of its funding, investor identities, and more (Phoebe Liu/Forbes)
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Wednesday, April 23, 2025

OpenAI brings the tech behind the new ChatGPT image generator to its API, for $5/1M text input tokens, $10/1M image input tokens, and $40/1M image output tokens (Kyle Wiggers/TechCrunch)
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Documents: OpenAI told investors it expects revenues of $125B in 2029 and $174B in 2030, with sales from agents and other products exceeding those from ChatGPT (Sri Muppidi/The Information)
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Tuesday, April 22, 2025

Researcher: the official SDK JS library for interacting with the XRP Ledger, with 140K+ weekly downloads, was compromised; XRP Ledger Foundation says it's fixed (Daniel Kuhn/The Block)
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SK Telecom, South Korea's largest telecom, says hackers accessed USIM-related customer info, potentially useful in SIM swap attacks and targeted surveillance (Bill Toulas/BleepingComputer)
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DOJ v. Google: an OpenAI exec says Google declined to let OpenAI access its search index; a DOJ remedy proposal would make Google share its index with rivals (Bloomberg)
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