Sources: Shein is exploring ways to restructure its US business if Trump sticks with punitive tariffs on Chinese imports; the de minimis exemption closes May 2 (Financial Times)

Financial Times: Sources: Shein is exploring ways to restructure its US business if Trump sticks with punitive tariffs on Chinese imports; the de minimis exemption closes May 2  —  Fast-fashion company searches for workarounds as Trump’s trade war endangers operations in its most important market

Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5% (Sarah Jacob/Bloomberg)

Sarah Jacob / Bloomberg: Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5%  —  Adyen NV reported 22% net revenue growth in the first quarter, while warning that risks related to rising economic uncertainty …

Microsoft President Brad Smith says the company would take the US government to court if necessary to protect European customers’ access to its services (Financial Times)

Financial Times: Microsoft President Brad Smith says the company would take the US government to court if necessary to protect European customers’ access to its services  —  Tech group says it would sue to keep European access to crucial cloud services  —  Microsoft’s top legal officer said the company …

MIT engineers advance toward a fault-tolerant quantum computer

In the future, quantum computers could rapidly simulate new materials or help scientists develop faster machine-learning models, opening the door to many new possibilities. But these applications will only be possible if quantum computers can perform operations extremely quickly, so scientists can make measurements and perform corrections before compounding error rates reduce their accuracy and […]

Sources: Trump officials are considering removing a Biden-era rule that divides the world into tiers that help determine how many AI chips a country can obtain (Karen Freifeld/Reuters)

Karen Freifeld / Reuters: Sources: Trump officials are considering removing a Biden-era rule that divides the world into tiers that help determine how many AI chips a country can obtain  —  The Trump administration is working on changes to a Biden-era rule that would limit global access to AI chips …

Appfigures: Google Play hosts 1.8M apps, down from 3.4M at the beginning of 2024, a 47% decline likely due to raised minimum quality requirements (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Appfigures: Google Play hosts 1.8M apps, down from 3.4M at the beginning of 2024, a 47% decline likely due to raised minimum quality requirements  —  Google Play’s app marketplace is losing apps.  —  From the start of 2024 to present, the Android app marketplace went from hosting …

Tests appear to show Instagram blocking minors from accessing AI Studio, its user-generated chatbot character platform, after recent reports on safety issues (Samantha Cole/404 Media)

Samantha Cole / 404 Media: Tests appear to show Instagram blocking minors from accessing AI Studio, its user-generated chatbot character platform, after recent reports on safety issues  —  Following Wall Street Journal investigations into the user-generated chatbots, AI Studio is inaccessible for users under 18 years old.

Lighting up biology’s basement lab

For more than 30 years, Course 7 (Biology) students have descended to the expansive, windowless basement of Building 68 to learn practical skills that are the centerpiece of undergraduate biology education at the Institute. The lines of benches and cabinets of supplies that make up the underground MIT Biology Teaching Lab could easily feel dark […]

Exploring new frontiers in mineral extraction

The ocean’s deep-sea bed is scattered with ancient rocks, each about the size of a closed fist, called “polymetallic nodules.” Elsewhere, along active and inactive hydrothermal vents and the deep ocean’s ridges, volcanic arcs, and tectonic plate boundaries, and on the flanks of seamounts, lie other types of mineral-rich deposits containing high-demand minerals. The minerals […]

PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M (Paige Smith/Bloomberg)

Paige Smith / Bloomberg: PayPal reports Q1 net revenue up 1% YoY to $7.8B, transaction margin dollars up 7% to $3.7B, above est., TPV up 3% to $417.2B, and active accounts up 2% to 436M  —  PayPal Holdings Inc. beat analysts’ estimates on a key profitability gauge, another sign of progress for Chief Executive Officer […]

Google tracked 75 zero-day vulnerabilities exploited in the wild in 2024, down from 98 in 2023 but up from 63 in 2022, with government hackers leading the use (Google Cloud Blog)

Google Cloud Blog: Google tracked 75 zero-day vulnerabilities exploited in the wild in 2024, down from 98 in 2023 but up from 63 in 2022, with government hackers leading the use  —  Google Threat Intelligence  —  Visibility and context on the threats that matter most.  —  Executive Summary

Helsinki-based IXI, which is building low-power glasses that can autofocus to a user’s prescription, emerges from stealth and raised a $36.5M Series A (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Helsinki-based IXI, which is building low-power glasses that can autofocus to a user’s prescription, emerges from stealth and raised a $36.5M Series A  —  Blink and you’ll miss it: A startup out of Finland is taking a new look at the market for prescription eyewear.

At the Venice Biennale, design through flexible thinking

When the Venice Biennale’s 19th International Architecture Exhibition launches on May 10, its guiding theme will be applying nimble, flexible intelligence to a demanding world — an ongoing focus of its curator, MIT faculty member Carlo Ratti. The Biennale is the world’s most renowned exhibition of its kind, an international event whose subject matter shifts over […]

The US House passes the Take It Down Act to criminalize the posting of nonconsensual sexual images of others and to require online platforms to remove them (Will Oremus/Washington Post)

Will Oremus / Washington Post: The US House passes the Take It Down Act to criminalize the posting of nonconsensual sexual images of others and to require online platforms to remove them  —  Trump is expected to sign into law a bill that would force online platforms to quickly take down nonconsensual intimate images.

China’s Pony.ai says it can now build its most advanced autonomous driving system at 70% lower cost and plans to start mass production of robotaxis in mid-2025 (Jiahui Huang/Wall Street Journal)

Jiahui Huang / Wall Street Journal: China’s Pony.ai says it can now build its most advanced autonomous driving system at 70% lower cost and plans to start mass production of robotaxis in mid-2025  —  It can now build its most advanced autonomous driving system for 70% less than before, the company said

Amazon launches 27 satellites for its Project Kuiper broadband internet program, the first batch of 3,236 satellites it plans to send into low-Earth orbit (Joey Roulette/Reuters)

Joey Roulette / Reuters: Amazon launches 27 satellites for its Project Kuiper broadband internet program, the first batch of 3,236 satellites it plans to send into low-Earth orbit  —  The first 27 satellites for Amazon’s Kuiper broadband internet constellation were launched into space from Florida on Monday …

New chip tests cooling solutions for stacked microelectronics

As demand grows for more powerful and efficient microelectronics systems, industry is turning to 3D integration — stacking chips on top of each other. This vertically layered architecture could allow high-performance processors, like those used for artificial intelligence, to be packaged closely with other highly specialized chips for communication or imaging. But technologists everywhere face […]

Merging design and computer science in creative ways

The speed with which new technologies hit the market is nothing compared to the speed with which talented researchers find creative ways to use them, train them, even turn them into things we can’t live without. One such researcher is MIT MAD Fellow Alexander Htet Kyaw, a graduate student pursuing dual master’s degrees in architectural studies […]

Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator program based on Premium subscriber video engagement (Jessica Testa/New York Times)

Jessica Testa / New York Times: Spotify says it has paid $100M+ to podcast publishers and creators since January 2025 via a new creator program based on Premium subscriber video engagement  —  The audio platform has branched out to video and has paid more than $100 million to podcast publishers this year as the war […]

A look at Microsoft freezing ~1.5GW of data centers set for 2025 and 2026; Microsoft has walked away from significantly more than 2GW of non-binding contracts (SemiAnalysis)

SemiAnalysis: A look at Microsoft freezing ~1.5GW of data centers set for 2025 and 2026; Microsoft has walked away from significantly more than 2GW of non-binding contracts  —  OpenAI Shift, Oracle & Stargate Acceleration, Hyperscale Capex Implications, Vertiv’s Impact Misunderstood, Copilot Weak Adoption

German defense startup ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in England (Yazhou Sun/Bloomberg)

Yazhou Sun / Bloomberg: German defense startup ARX Robotics, which makes self-driving, modular battlefield robots, raised €31M led by HV Capital and plans to build a plant in England  —  ARX Robotics, a German defense startup backed by NATO’s technology fund, has raised venture capital funding for the second …

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)

Anjli Raval / Financial Times: 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  —  Jill Popelka has tried to strengthen the cyber company’s operations and cast off the shadow of early backer […]