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Mark Gurman / Bloomberg: Sources: Phil Schiller stepped down from his role leading the App Store and product events; he will remain at Apple to work on unspecified initiatives -
Chance Miller / 9to5Mac: On his last day as CEO, Tim Cook pens an emotional memo reflecting on his time at Apple and says he takes “enormous comfort” in handing the helm to John Ternus -
Chance Miller / 9to5Mac: Gurman: Apple is moving App Store to services unit run by Eddy Cue, who previously oversaw it until 2015; Cue is taking on a more influential role under Ternus -
Annie Palmer / CNBC: The FTC and 22 state AGs sue Amazon, alleging it overcharged advertisers over $20B since 2019 via hidden surcharges, with costs largely passed on to consumers -
About Amazon: Amazon says the FTC's complaint over Sponsored Ads cites no evidence of consumer price increases or advertiser harm, and misunderstands how advertisers operate -
Gian Volpicelli / Bloomberg: The EU designates ChatGPT as a very large online search engine, and Reddit and Roblox as very large online platforms after each hit 45M monthly users in the EU -
Bloomberg: Nvidia plans to invest $3.5B into MediaTek through convertible bonds; MediaTek forecasts AI chip revenue of about $2B this year -
Ashley Capoot / CNBC: OpenAI says its ad business has hit $1B in annualized revenue run rate and is expanding globally, as it touts its “diversified business model” ahead of an IPO -
Cheyanne M. Daniels / Politico: Trump says communities that reject data centers will end up “backwards and poor” and that “China could not be happier with this anti Data Center movement” -
Joe Rossignol / MacRumors: MapQuest becomes the top free iPhone app on the App Store in Canada and fourth on the US App Store after refusing to change Lake Ontario to Lake America -
Reuters: Interior Secretary says President Trump “reached out to Apple directly” about changing Lake Ontario to Lake America and the company may soon alter its maps -
Associated Press: Google updates Maps to show Lake America for US users, Lake Ontario for Canadian users, and both for the rest of the world, citing the US GNIS' name change -
Simon Goodley / The Guardian: Bank of England Governor warns that advanced AI could destabilize the highly interconnected global financial system via cyberattacks across jurisdictions -
Kirsten Korosec / TechCrunch: The Pentagon launches ChatGPT Mil and Grok for Government on its GenAI.mil platform, giving its 3M personnel access to AI tools “tailored to warfighter needs” -
Kris Holt / Engadget: Sony launches Live TV on PS5 in the US, letting users stream 100+ free, ad-supported TV channels with content from Amazon MGM Studios, Crunchyroll, and more -
Hannes Rudolph / OpenClaw Blog: OpenClaw releases OpenClaw 2.0, its largest update to date, with a simplified installation process, a rebuilt browser app, shared cloud sessions, and more -
Chance Miller / 9to5Mac: Filing: Apple claims a former iPhone engineer used a confidential Apple circuit schematic in his work at OpenAI, evidence is being destroyed, and more -
Amanda L. Gordon / Bloomberg: Sources: Polymarket will raise $1B led by 1789 Capital at a $21B post-money valuation; Donald Trump Jr. is a partner at 1789 and adviser to Polymarket -
Charlotte Yang / Bloomberg: Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition -
Karissa Bell / Engadget: Instagram says it will reduce the reach of accounts featuring AI-generated personas if they don't use a new “AI-generated profile” label -
Fox News: The Trump administration launches Project Watershed 250, a six-month cybersecurity pilot to protect Texas water systems from cyberattacks -
Bloomberg: Sources: Hyperliquid is in talks to enter the US market through Kraken parent Payward, weeks after Trump said he was working to bring the platform onshore -
Lucinda Shen / Axios: Sources: AI sales and marketing startup Clay is raising a round led by Wellington at a $7B pre-money valuation, up from $5B via an employee tender in January -
Brian Schwartz / Wall Street Journal: Former NY GOP Rep. George Santos receives Kalshi's first lifetime ban after the CFTC alleged he made $17K by betting on his appearance at the State of the Union -
Rocket Drew / The Information: Reframe, which uses AI and industrial robot arms to make modular homes in a factory, raised a $40M Series A extension round led by Energy Impact Partners -
Niko Gallogly / New York Times: Together AI, which serves open models, announces a deal to use compute from Humain in Saudi Arabia, where it can bypass US backlash over data centers