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Techmeme - 2025-05-13T06:40:46-04:00

Sources: investors in US chipmaker Wolfspeed offered ~$600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing (Sujeet Indap/Financial Times) - 2025-05-13T06:40:01-04:00

JD.com reports Q1 revenue up 16% YoY to ~$41.8B and net income up 53% YoY to ~$1.5B, driven by Chinese government stimulus measures to boost electronics sales (Bloomberg) - 2025-05-13T06:25:00-04:00

German defense tech startup Helsing unveils an autonomous underwater drone fleet, the SG-1 Fathom, powered by its AI system Lura to detect and classify sounds (Sylvia Pfeifer/Financial Times) - 2025-05-13T06:10:02-04:00

UK retailer M&S says hackers stole customer data in a cyberattack reported on April 22; UK retailers Harrods and Co-op also reported hacks in recent weeks (Nina Kienle/Wall Street Journal) - 2025-05-13T06:01:05-04:00

Dealroom.co: content licensing and data marketplace startups like Pip Labs and ProRata have raised $215M since 2022 to help artists sell content for AI training (Melissa Heikkilä/Financial Times) - 2025-05-13T05:50:00-04:00

SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more (David Keohane/Financial Times) - 2025-05-13T05:30:01-04:00

Beijing-based Meituan says it plans to spend $1B over five years to bring its food delivery service Keeta to Brazil, after a Saudi Arabia rollout in 2024 (Bloomberg) - 2025-05-13T05:15:01-04:00

US SEC Chair Paul Atkins says blockchains could enable novel securities use cases and "policymaking will no longer result from ad hoc enforcement actions" (Christopher Tepedino/Cointelegraph) - 2025-05-12T22:20:01-04:00

Galaxy S25 Edge hands-on: sturdy, thin design is a breath of fresh air, and many specs match the S25, but the 3,900 mAh battery is down from the S25's 4,000 mAh (Abrar Al-Heeti/CNET) - 2025-05-12T21:10:00-04:00

Theom, which helps businesses safeguard and track sensitive data, raised a $20M Series A led by Wing VC, after an oversubscribed $16.4M seed in late 2022 (Angus Loten/Wall Street Journal) - 2025-05-12T20:55:00-04:00

Samsung unveils the $1,100+ Galaxy S25 Edge, which is 5.8mm thick and weighs 163g, making it 30% thinner and 25% lighter than the S25 Ultra, arriving on May 30 (Bloomberg) - 2025-05-12T20:40:01-04:00

In the age of deepfakes, some people are using tactics like asking rapid-fire questions or sharing code words with each other to verify identity online (Lauren Goode/Wired) - 2025-05-12T19:50:01-04:00

Ticketmaster says it will now show the full price of a ticket up front, ahead of the US FTC's ban on junk fees, which goes into effect on May 12 (Emma Roth/The Verge) - 2025-05-12T18:50:01-04:00

E-commerce logistics startup Cart.com raised $50M at $1.6B valuation, says it is on track to cross $500M in revenue in 2025, and plans more acquisitions (Colin Campbell/Axios) - 2025-05-12T17:30:01-04:00

Coinbase will join the S&P 500, replacing Discover Financial Services, effective before trading on May 19; COIN jumps 10%+ (Ari Levy/CNBC) - 2025-05-12T17:27:58-04:00