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Codex, which is building a blockchain for stablecoins, raised a $15.8M seed led by Dragonfly, with Coinbase, Circle, and others participating (Ben Weiss/Fortune)
 ChatGPT-5 is on hold as OpenAI changes plans and releases new o3 and o4-mini models
Trump says he will sign an EO to keep TikTok running for an additional 75 days, as a deal "requires more work to ensure all necessary approvals are signed" (Jonathan Vanian/CNBC)
How Trump's tariffs affect Meta, which relies heavily on SMBs around the world for ad revenue; 10% of Meta's 2023 revenue was from Chinese advertisers like Temu (Mike Isaac/New York Times)
 Businesses still haven’t stopped using weak passwords, and it’s getting super risky
YouTube quietly removed "gender identity" from its hate speech policy after Trump took office; Google says enforcement of the policy remains unchanged (Taylor Lorenz/User Mag)
Nvidia says its custom processor for Nintendo's Switch 2 has "dedicated RT Cores and Tensor Cores," enabling DLSS support and real-time ray tracing on Switch 2 (Jay Peters/The Verge)
 Without a fresh UI and customization features, the Switch 2 is Nintendo's most boring looking console ever
Sources: Justin Sun bailed out Techteryx's TrueUSD after $456M in reserves, managed by First Digital, became illiquid; Techteryx says it was a victim of fraud (Sam Reynolds/CoinDesk)
FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD (Daniel Kuhn/The Block)
Anthropic debuts a Claude for Education tier for colleges, with Learning Mode, where it asks questions to test understanding, shares templates for papers, more (Maxwell Zeff/TechCrunch)
Sources: a16z is in talks to join the Oracle-led frontrunner bid for TikTok's US arm, after being approached along with Blackstone Group and others (Financial Times)
 Gave up trying to install Chrome on Windows 11 because it wouldn’t work? Google has fixed this error, but I can’t believe how long it took
TikTok is shutting down its Instagram competitor, TikTok Notes, on May 8, directing users to Lemon8, a similar ByteDance-owned app (Aisha Malik/TechCrunch)
 Google Hotels now lets you track prices, and I can't wait to use it for my next trip
Apple releases visionOS 2.4 with Apple Intelligence, a Spatial Gallery app that features Apple-curated media, with "new content released regularly", and more (Chance Miller/9to5Mac)
Apple releases iOS 18.4 with Priority notifications for Apple Intelligence, which gets support for eight more languages, Ambient Music via Control Center, more (Juli Clover/MacRumors)
Substack rolls out a TikTok-like video feed in its app, initially featuring short-form videos under 10 minutes (Aisha Malik/TechCrunch)
Apple's current enterprise offerings are built for single machines and have complex virtualization rules, saddling high-end users with inefficient remote setups (Ernie Smith/Tedium)
 This is the world's first Thunderbolt 5 LTO tape drive and I can't understand why it exists in the first place
Ethereum is struggling to keep the interest of investors and developers, having fallen out of step in an industry transformed by the embrace of Donald Trump (Bloomberg)
 Here's why you should reinstall Windows 11 every two months - no, I'm not kidding
A look at drone delivery startup Zipline, which has raised $500M+, made 1.4M+ deliveries in seven countries, and delivers packages for Walmart in two US cities (Christopher Mims/Wall Street Journal)
Kalshi sues Nevada's gaming regulators to keep offering event contracts to bet on sports and politics, citing federal regulation by the US CFTC (Robert Burnson/Bloomberg)
 Megawatt-class AI server racks may well become the norm before 2030 as Nvidia displays 600kW Kyber rack design
A look at AI-generated fake movie trailers on YouTube; WBD, Paramount, and Sony have earned ad revenue from some videos instead of defending their copyright (Jake Kanter/Deadline)
CoreWeave opens down 2.5% at $39 in its Nasdaq debut; CoreWeave's offering is the largest US IPO since UiPath's NYSE debut in 2021 (Jordan Novet/CNBC)
 The 'AI economy is currently a closed loop' - and that's probably why OpenAI, not Microsoft, invested a whopping $12bn in CoreWeave
Michael Novogratz's Galaxy Digital will pay $200M as part of a settlement with the New York AG over the firm's role in promoting the failed Luna cryptocurrency (Emily Nicolle/Bloomberg)
 The iPhone mini won't be returning, according to rumors – and you think that's a mistake
Anthropic says it created a new tool for deciphering how LLMs "think" and used it to resolve some key questions about how Claude and probably other LLMs work (Jeremy Kahn/Fortune)
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