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OpenAI launches Flex processing in beta, an API option halving o3 and o4-mini prices in exchange for slower responses and "occasional resource unavailability" (Kyle Wiggers/TechCrunch)
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Google rolls out Gemini 2.5 Flash in preview, with support for Canvas for working on text or code; developers can disable thinking or set a token limit for it (Ryan Whitwam/Ars Technica)
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Netflix says co-founder Reed Hastings has left his post as executive chairman to become chairman and non-executive director of the company (Dade Hayes/Deadline)
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Netflix reports Q1 revenue up 12.5% YoY to $10.54B, vs. $10.51B est., net income of $2.89B, and stops reporting subscriber numbers on a quarterly basis (Todd Spangler/Variety)
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Former YC President Geoff Ralston launches Safe AI Fund, or SAIF, providing initial funding of $100K with a $10M cap to startups that "enhance AI safety" (Julie Bort/TechCrunch)
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Framework Laptop 13 review: it's modular and customizable, has a great keyboard and improved thermals, but it's pricey and the screen's brightness can be better (Kyle Barr/Gizmodo)
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Google is offering its Google One AI Premium plan for free to US college students until spring 2026; students have until June 30, 2025, to sign up (Jess Weatherbed/The Verge)
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Global Payments shares plunge 15%+ and FIS shares jump 9%+ after Global Payments said it's buying Worldpay from FIS and GTCR and selling Issuer Solutions to FIS (MacKenzie Sigalos/CNBC)
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Sources: Amazon plans to release its first TV streaming device with its Vega OS, used in some Echo devices, in 2025 and is courting publishers to add their apps (Janko Roettgers/Lowpass)
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Sources: Tim Cook spoke to the US Commerce Secretary last week about how tariffs could affect iPhone prices before Trump exempted products from Apple and others (Washington Post)
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LMArena says it's starting a company, whose corporate name will be Arena Intelligence, with plans to raise money, and releases a new beta version of its website (Rachel Metz/Bloomberg)
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New Jersey's AG sues Discord, alleging the platform's features to keep children under 13 safe from sexual predators and harmful content are inadequate (Justin Ling/Wired)
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Goodfire, which works on decoding the inner workings of AI models, raised $50M led by Menlo; source: Anthropic invested $1M, its first startup investment (Rocket Drew/The Information)
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Instagram launches Blend, an invite-only, personalized Reels feed for users and their friends in a group chat with new content every day (Aisha Malik/TechCrunch)
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The DOJ and 17 US states that brought the antitrust case seek to force Google to sell off its "network" ad business, which is ~12% of Alphabet's total revenue (Axios)
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Google says "we won half of this case and we will appeal the other half" of the US antitrust ruling, and "we disagree" with the decision on its publisher tools (@newsfromgoogle)
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In her ruling, Judge Brinkema says Google did not meet the monopoly definition for tools used to buy display ads, but did for ad exchanges and website ad tools (Bloomberg)
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Santiago, Chile-based Toku, which helps businesses accept consumer payments, send payment reminders, and more, raised a $39M Series A led by Oak HC/FT (Jeff Kauflin/Forbes)
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A US judge says Google acted illegally to maintain a monopoly in some online advertising tech, the second time in a year a court found Google acted illegally (David McCabe/New York Times)
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Leaked email: the US CFPB plans a 50% reduction in supervisory activities and a shift in focus from fintech companies back to traditional banks (Paige Smith/Bloomberg)
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