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X aims to roll out an "XChat" messaging feature "with encryption, vanishing messages and the ability to send any kind of file" to all users this week (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch : X aims to roll out an “XChat” messaging feature “with encryption, vanishing messages and the ability to send a...

2 June 2025

X aims to roll out an "XChat" messaging feature "with encryption, vanishing messages and the ability to send any kind of file" to all users this week (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
X aims to roll out an “XChat” messaging feature “with encryption, vanishing messages and the ability to send any kind of file” to all users this week  —  Elon Musk on Sunday announced that a new version of X's Direct Messaging (DM) feature, XChat …

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A UK government trial with 20K+ civil servants using Microsoft's Copilot AI for three months found a 26 minute average daily time saving, or two weeks per year (Melissa Heikkilä/Financial Times)

Melissa Heikkilä / Financial Times:
A UK government trial with 20K+ civil servants using Microsoft's Copilot AI for three months found a 26 minute average daily time saving, or two weeks per year  —  Staff used Microsoft's Copilot to help draft documents and summarise meetings  —  Simply sign up to the Artificial intelligence myFT Digest …

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Filing: neobank Chime plans to sell 26M shares in its IPO at $24 to $26, giving it a valuation between $10.3B and $11.1B; its two co-founders own 4% to 5% each (Cory Weinberg/The Information)

Cory Weinberg / The Information:
Filing: neobank Chime plans to sell 26M shares in its IPO at $24 to $26, giving it a valuation between $10.3B and $11.1B; its two co-founders own 4% to 5% each  —  Banking app Chime plans to sell shares in an initial public offering at a price that would value it at between $10.3 billion and $11.1 billion …

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Paradromics implanted and removed its Connexus brain implant in a patient for ~10 minutes during epilepsy surgery on May 14, a first for the Neuralink rival (Emily Mullin/Wired)

Emily Mullin / Wired:
Paradromics implanted and removed its Connexus brain implant in a patient for ~10 minutes during epilepsy surgery on May 14, a first for the Neuralink rival  —  Paradromics, a brain-computer interface startup, inserted its brain implant in a person—briefly—in an early test of its technology.

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Germany's Federal Cartel Office warns Amazon that its price controls for marketplace retailers likely violate national and EU laws, in preliminary findings (Karin Matussek/Bloomberg)

Karin Matussek / Bloomberg:
Germany's Federal Cartel Office warns Amazon that its price controls for marketplace retailers likely violate national and EU laws, in preliminary findings  —  The Federal Cartel Office said it told Amazon that — in its preliminary assessment — the company's policing of how much retailers …

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The EU Commission fines European takeaway groups Delivery Hero and Glovo €329M for taking part in an "online food delivery cartel", closing a July 2024 probe (Barbara Moens/Financial Times)

Barbara Moens / Financial Times:
The EU Commission fines European takeaway groups Delivery Hero and Glovo €329M for taking part in an “online food delivery cartel”, closing a July 2024 probe  —  European Commission says European food delivery groups shared trade secrets  —  Roula Khalaf, Editor of the FT …

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Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of "oversupply" and a bubble (Maureen Farrell/New York Times)

Maureen Farrell / New York Times:
Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of “oversupply” and a bubble  —  Private equity firms like Blackstone are using their clients' money to buy and build data centers to fuel the artificial intelligence boom.

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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 …

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SoftBank and Intel form Saimemory, a new company to develop stacked DRAM memory chips for AI that consume ~50% of the power of current HBM in the next two years (Nikkei Asia)

Nikkei Asia:
SoftBank and Intel form Saimemory, a new company to develop stacked DRAM memory chips for AI that consume ~50% of the power of current HBM in the next two years  —  TOKYO — SoftBank and Intel are developing a type of memory for artificial intelligence expected to consume much less electricity …

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An interview with Jony Ive and Laurene Powell Jobs on tech's next chapter, meeting in 1997, Steve Jobs, Apple, Powell Jobs' io investment in 2019, AI, and more (Matthew Garrahan/Financial Times)

Matthew Garrahan / Financial Times:
An interview with Jony Ive and Laurene Powell Jobs on tech's next chapter, meeting in 1997, Steve Jobs, Apple, Powell Jobs' io investment in 2019, AI, and more  —  After Apple, the Silicon Valley visionaries are looking to artificial intelligence to shape the future again

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UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, a £60.5M pre-tax profit, up from £13.9M in FY 2024, deposits up 48% YoY to £16.6B, and 12M+ users (Yadarisa Shabong/Reuters)

Yadarisa Shabong / Reuters:
UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, a £60.5M pre-tax profit, up from £13.9M in FY 2024, deposits up 48% YoY to £16.6B, and 12M+ users  —  Monzo reported revenue above 1 billion pounds ($1.35 billion) for the first time and a sharp rise …

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Apple says it is appealing the EU's iOS interoperability order under the DMA that creates "a process that is unreasonable, costly, and stifles innovation" (Edith Hancock/Wall Street Journal)

Edith Hancock / Wall Street Journal:
Apple says it is appealing the EU's iOS interoperability order under the DMA that creates “a process that is unreasonable, costly, and stifles innovation”  —  Companies face fines of up to 10% their worldwide annual turnover if the EU decides they are flouting its Digital Markets Act

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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.

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A look at Russian GRU Unit 29155's hacking department, which started out in 2012, and its involvement in cyber warfare and disinformation campaigns (The Insider)

The Insider:
A look at Russian GRU Unit 29155's hacking department, which started out in 2012, and its involvement in cyber warfare and disinformation campaigns  —  Russian GRU Unit 29155 is best known for its long list of murder and sabotage ops, which include the Salisbury poisonings in England …

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A deep dive into Apple TV's privacy features shows that Apple's streaming device is more private than the vast majority of alternatives, save for dumb TVs (Scharon Harding/Ars Technica)

Scharon Harding / Ars Technica:
A deep dive into Apple TV's privacy features shows that Apple's streaming device is more private than the vast majority of alternatives, save for dumb TVs  —  Using the Apple TV app or an Apple account means giving Apple more data, though. … Among smart TVs, streaming sticks …

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Elad Gil, backer of Perplexity, Character.AI, Airbnb, Coinbase, and Stripe, invested in Enam Co., which aims to transform businesses with AI via PE roll-ups (Connie Loizos/TechCrunch)

Connie Loizos / TechCrunch:
Elad Gil, backer of Perplexity, Character.AI, Airbnb, Coinbase, and Stripe, invested in Enam Co., which aims to transform businesses with AI via PE roll-ups  —  Elad Gil started betting on AI before most of the world took notice.  By the time investors began grasping the implications of ChatGPT …

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1 June 2025

Sources: Samsung and Perplexity in talks about an investment, preloading Perplexity's app on Samsung devices, adding its search to Samsung's browser, and more (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Samsung and Perplexity in talks about an investment, preloading Perplexity's app on Samsung devices, adding its search to Samsung's browser, and more  —  The two companies are in talks to preload Perplexity's app and assistant on upcoming Samsung devices and integrate …

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A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal (Justina Lee/Bloomberg)

Justina Lee / Bloomberg:
A profile of prediction market Kalshi, which is using its federal financial license to open up sports gambling across the US, even in states where it is illegal  —  Armed with a federal license and allies in Trumpworld, the tech start-up is pushing prediction markets across America into a legal gray zone: sports betting.

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Sources: UMG, Warner Music, and Sony Music are in talks to license their work to AI music services Udio and Suno and settle copyright infringement lawsuits (Lucas Shaw/Bloomberg)

Lucas Shaw / Bloomberg:
Sources: UMG, Warner Music, and Sony Music are in talks to license their work to AI music services Udio and Suno and settle copyright infringement lawsuits  —  Music companies would settle lawsuits with startups they accused of copyright infringement  —  Major music companies are in talks …

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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.

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A look at Apple's AI plans for WWDC; sources: macOS 26 will be named Tahoe and Apple is testing its 3B, 7B, 33B, and 150B AI models via internal tool Playground (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
A look at Apple's AI plans for WWDC; sources: macOS 26 will be named Tahoe and Apple is testing its 3B, 7B, 33B, and 150B AI models via internal tool Playground  —  Apple, a year after debuting its AI platform, will do little at WWDC to show it's catching up to leaders like OpenAI and Google.

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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.

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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.

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A profile of DoorDash CEO Tony Xu, who has transformed the once-scrappy delivery startup into a ~$90B industry consolidator through an acquisition spree (Samantha Subin/CNBC)

Samantha Subin / CNBC:
A profile of DoorDash CEO Tony Xu, who has transformed the once-scrappy delivery startup into a ~$90B industry consolidator through an acquisition spree  —  During the depths of the Covid pandemic, with restaurants around the country facing an existential crisis, DoorDash CEO Tony Xu had an unconventional proposal.

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Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure (Kyle Baird/DL News)

Kyle Baird / DL News:
Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure  —  Of the 14 proposals on Meta's 2025 ballot, Bitcoin came in dead last.  —  Shareholders overwhelmingly rejected a plan …

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An analysis of the top 100 trending TikTok videos under #mentalhealthtips finds 52 contain misinformation, including misused language and quick-fix methods (The Guardian)

The Guardian:
An analysis of the top 100 trending TikTok videos under #mentalhealthtips finds 52 contain misinformation, including misused language and quick-fix methods  —  Guardian investigation reveals promotion of dubious advice, questionable supplements and quick-fix healing methods

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