• Internal memo: Amazon is replacing white-collar job titles at its Ring and Blink units with the designation "builder", and "builder leaders" for managers (Greg Bensinger/Reuters)
• Manila-based Salmon, a consumer finance app targeting underbanked Filipinos, raised $60M in equity and $40M in debt; it raised $310M to date, $160M in equity (Kate Park/TechCrunch)
• Microsoft announces the first voluntary retirement program in its 50-year history, for US staffers whose combined years of service added to their age totals 70+ (Tom Warren/The Verge)
• Sources: Thoma Bravo prepares to hand over customer experience management company Medallia to creditors, leading to a ~$5.1B wipeout for Medallia's investors (Reuters)
• Joint statement: Apple, Amazon, and others push back on stricter emissions reporting rules proposed by climate body Greenhouse Gas Protocol to cut greenwashing (Olivia Raimonde/Bloomberg)
• Vercel says some customer accounts were compromised prior to its early-April breach, potentially through social engineering, malware, or other methods (Zack Whittaker/TechCrunch)
• WhatsApp partners with PayU to roll out prepaid mobile recharges in India; it remains a marginal payments player in India despite launching payments in 2020 (Jagmeet Singh/TechCrunch)
• Memo: White House says it has info indicating "foreign entities, principally based in China" are engaged in "industrial scale distillation" of American AI tech (Financial Times)
• Anthropic's valuation has hit $1T on Forge Global, a leading private marketplace exchange, surpassing OpenAI's valuation on the platform of $880B (Ben Bergman/Business Insider)
• Orkes, which helps companies scale their AI and agentic systems, raised $60M, including a $40M Series B led by AVP, bringing its total funding to ~$90M (Chris Metinko/Axios)
• How Cash App founder Bob Lee's 2023 killing fed into a narrative pushed by tech leaders like Elon Musk about SF's decline until an acquaintance was convicted (Shawn Wen/Bloomberg)
• Spotify celebrates its 20th anniversary with a first-ever list of its 20 most streamed artists, albums, songs, podcasts, and audiobooks (Gil Kaufman/Billboard)
• Lyft agrees to buy London black cab app Gett, its third acquisition in the past year, as the company expands its presence beyond the US (Natalie Lung/Bloomberg)
• Petual, which automates internal audit work and generates auditor-ready workpapers, raised $20M across a pre-seed led by First Round and a seed led by a16z (Ryan Lawler/Axios)
• Beehiiv rolls out new creator tools, including metered paywalls, letting creators host webinars for up to 10,000 people, AI analytics, and more (Lauren Forristal/TechCrunch)
| • Palantir Employees Are Starting to Wonder if They're the Bad Guys
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| • Someone allegedly used a hairdryer to rig Polymarket weather bets
• Turkey wants to ban social media for kids under 15
• Meta will show parents the topics of their teens' AI conversations
• 2027 BMW i7 first look: A fantastically techy car for the 1 percent
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• Musk pledges to fix 2019-2023 Teslas that can't fully self drive
• Kalshi suspended three political candidates from its platform for insider trading
• Ecco the Dolphin: Complete will combine remasters and a sequel into one package
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• Cash App now supports accounts for kids 6-12
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