Klarna's net loss [1]more than doubled in the first quarter [ [2]non-paywalled link ] as more consumers failed to repay loans from the Swedish "buy now, pay later" lender as concerns rose about the financial health of US consumers. Financial Times:

> The fintech, which offers interest-free consumer loans to allow customers to make retail purchases, on Monday reported a net loss of $99 million for the three months to March, up from $47 million a year earlier.

>

> The company, which makes money by charging fees to merchants and to consumers who fail to repay on time, said its customer credit losses had risen to $136 million, a 17% year-on-year increase. The increased failure to repay comes on the back of gloomy economic sentiment in the US, where a closely watched measure of consumers' confidence last week fell to its second-lowest level on record. US President Donald Trump's trade war has driven expectations of higher inflation.

Further reading : [3]The Klarna Hype Machine .



[1] https://www.ft.com/content/6c4bf393-c80b-42b7-993a-35270143f688

[2] https://www.cnbc.com/2025/05/19/klarna-doubles-losses-in-first-quarter-as-ipo-remains-on-hold.html

[3] https://rupakghose.substack.com/p/the-klarna-hype-machine

SAG-AFTRA has filed a labor complaint against Fortnite developer Epic Games, alleging the game [1]improperly used AI to replicate James Earl Jones' Darth Vader voice without bargaining with the union, despite the estate's approval. Gizmodo reports:

> The union has now filed an unfair labor practice charge (link to the PDF is on the [2]SAG-AFTRA website ) that calls out "Fortnite's signatory company, Llama Productions" for "[replacing] the work of human performers with AI technology" without "providing any notice of their intent to do this and without bargaining with us over appropriate terms."

>

> The union notes that it's not against the general idea here: "We celebrate the right of our members and their estates to control the use of their digital replicas and welcome the use of new technologies to allow new generations to share in the enjoyment of those legacies and renowned roles." The problem is that the AI being used here makes human voice actors obsolete, and "we must protect our right to bargain terms and conditions around uses of voice that replace the work of our members, including those who previously did the work of matching Darth Vader's iconic rhythm and tone in video games."

>

> So far there's been no response from Epic Games on the filing. [3]The Hollywood Reporter notes that despite the SAG-AFTRA's still-ongoing [4]Interactive Media Agreement strike , which has been stuck for months on negotiating "AI protections for voice actors in video games," actors can actually work on Fortnite without violating the strike, since the game falls under an exception for titles that were in production before August 2023.



[1] https://gizmodo.com/fortnite-ai-darth-vader-sag-aftra-dispute-2000604222

[2] https://www.sagaftra.org/sag-aftra-statement-fortnites-use-ai-darth-vader-voice-and-ulp-filing

[3] https://www.hollywoodreporter.com/business/business-news/sag-aftra-labor-charge-fortnite-darth-vader-ai-voice-1236221492/

[4] https://www.hollywoodreporter.com/business/business-news/sag-aftra-video-game-strike-sides-far-apart-union-says-1236161712/

An anonymous reader quotes a report from Ars Technica:

> There's a lot of matter around, which ensures that any antimatter produced experiences a very short lifespan. Studying antimatter, therefore, has been extremely difficult. But that's changed a bit in recent years, as CERN has set up a facility that produces and traps antimatter, allowing for extensive studies of its properties, including entire anti-atoms. Unfortunately, the hardware used to capture antiprotons also produces interference that limits the precision with which measurements can be made. So CERN decided that it might be good to determine how to move the antimatter away from where it's produced. Since it was tackling that problem anyway, CERN [1]decided to make a shipping container for antimatter , allowing it to be put on a truck and potentially taken to labs throughout Europe. [...]

>

> Overall, the hardware stayed cold, generally at a bit over 5 Kelvin. The exception was when the system was reconnected to the antimatter source hardware and the system reconnected to the electrical system at CERN. While those actions show up as temperature spikes, the superconducting magnets remained well under 7 Kelvin. An accelerometer was in place to track the forces experienced by the hardware while the truck was moving. This showed that changes in the truck's speed produced turbulence in the liquid helium, making measurements of its presence unreliable. Levels had dropped from about 75 percent of maximum to 30 percent by the time the system was reconnected, suggesting that liquid helium presents the key limiting factor in shipping. Measurements made while the system was in transit suggest that the whole process occurred losslessly, meaning that not a single proton escaped during the entire transport.

The findings have been [2]published in the journal Nature .



[1] https://arstechnica.com/science/2025/05/cern-gears-up-to-ship-antimatter-across-europe/

[2] http://dx.doi.org/10.1038/s41586-025-08926-y

According to [1]Bloomberg's Mark Gurman (paywalled), Apple has big plans to turn Siri into a true ChatGPT competitor. "A next-generation, chatbot version of Siri has reportedly made significant progress during testing over the past six months; some executives allegedly [2]now see it as 'on par' with recent versions of ChatGPT ," reports MacRumors. "Apple is also apparently discussing giving Siri the ability to access the internet to gather and synthesize data from multiple sources, just like ChatGPT." From the report:

> The report added that Apple now has artificial intelligence offices in Zurich, where employees are working on an all-new software architecture for Siri. This "monolithic model" is entirely built on an LLM engine that will eventually replace Siri's current "hybrid" architecture that has been incoherently layered up with different functionality over many years. The new model will make Siri more conversational and better at synthesizing information.

>

> Google's Gemini is expected to be added to iOS 19 as an alternative to ChatGPT in Siri, but Apple is also apparently in talks with Perplexity to add their AI service as another option in the future, for both Siri and Safari search.



[1] https://www.bloomberg.com/news/features/2025-05-18/how-apple-intelligence-and-siri-ai-went-so-wrong

[2] https://www.macrumors.com/2025/05/19/next-gen-siri-is-on-par-with-chatgpt/

Sony has [1]begun mass suspensions of PlayStation accounts linked to Russian users , including those registered in other countries like Turkiye and Kazakhstan, in an effort to crack down on circumvention of regional restrictions like PS Plus access. This move follows Sony's 2022 exit from the Russian market due to the war in Ukraine. Ukrainska Pravda reports:

> Russians are trying to bypass the blocks and are contacting PlayStation support, but these attempts are to no avail. Users with purchased accounts encounter the most problems -- Sony checks IP addresses for verification. There are already many similar reports. In some cases, accounts with thousands of roubles worth of games purchased have been blocked.

Russian media outlets like RT are [2]reporting the news.



[1] https://www.pravda.com.ua/eng/news/2025/05/19/7512924/

[2] https://russian.rt.com/russia/news/1479721-sony-blokiruyut-rossiiskie-akkaunty

Google has launched the NotebookLM app for Android and iOS, [1]offering a native mobile experience with offline support , audio overviews, and integration into the system share sheet for adding sources like PDFs and YouTube videos. 9to5Google reports:

> This native experience starts on a homepage of your notebooks with filters at the top for Recent, Shared, Title, and Downloaded. The app features a light and dark mode based on your device's system theme with no manual toggle. Each colorful card features the notebook name, emoji, number of sources, and date, as well as a play button for Audio Overviews. There's background playback and offline support for the podcast-style experience (the fullscreen player has a nice glow), while you can "Join" the AI hosts (in beta) to ask follow-up questions.

>

> You get a "Create new" button at the bottom of the list to add PDFs, websites, YouTube videos, and text. Notably, the NotebookLM app will appear in the Android and iOS share sheet to quickly add sources. When you open a notebook, there's a bottom bar for the list of Sources, Chat Q&A, and Studio. It's similar to the current mobile website, with the native client letting users ditch the Progressive Web App. Out of the gate, there are phone and (straightforward) tablet interfaces.

You can download the app for [2]iOS and [3]Android using their respective links.



[1] https://9to5google.com/2025/05/19/notebooklm-app-launch/

[2] https://apps.apple.com/us/app/google-notebooklm/id6737527615

[3] https://play.google.com/store/apps/details?id=com.google.android.apps.labs.language.tailwind&pli=1

An anonymous reader quotes a report from Bloomberg:

> While using website data to build a Google Search topped with artificial intelligence-generated answers, an Alphabet executive acknowledged in an internal document that there was an alternative way to do things: They could ask web publishers for permission, or let them directly opt out of being included. But giving publishers a choice [1]would make training AI models in search too complicated , the company concludes in the document, which was unearthed in the company's search antitrust trial.

>

> It said Google had a "hard red line" and would require all publishers who wanted their content to show up in the search page to also be used to feed AI features. Instead of giving options, Google decided to "silently update," with "no public announcement" about how they were using publishers' data, according to the document, written by Chetna Bindra, a product management executive at Google Search. "Do what we say, say what we do, but carefully."

"It's a little bit damning," said Paul Bannister, the chief strategy officer at Raptive, which represents online creators. "It pretty clearly shows that they knew there was a range of options and they pretty much chose the most conservative, most protective of them -- the option that didn't give publishers any controls at all."

For its part, Google said in a statement to Bloomberg: "Publishers have always controlled how their content is made available to Google as AI models have been built into Search for many years, helping surface relevant sites and driving traffic to them. This document is an early-stage list of options in an evolving space and doesn't reflect feasibility or actual decisions." They added that Google continually updates its product documentation for search online.



[1] https://www.livemint.com/companies/news/google-decided-against-offering-publishers-options-in-ai-search-11747686172399.html

Qualcomm announced plans to re-enter the data center market with [1]custom CPUs designed to integrate with Nvidia GPUs and software . As CNBC reports, the move supports Qualcomm's broader strategy to diversify beyond smartphones and into high-growth areas like data centers, PCs, and automotive chips. From the report:

> "I think we see a lot of growth happening in this space for decades to come, and we have some technology that can add real value added," Cristiano Amon, CEO of Qualcomm, told CNBC in an interview on Monday. "So I think we have a very disruptive CPU." Amon said the company will make an announcement about the CPU roadmap and the timing of its release "very soon," without offering specifics. The data center CPU market remains highly competitive. Big cloud computing players like Amazon and Microsoft already design and deploy their own custom CPUs. AMD and Intel also have a strong presence.

>

> Addressing the competition, Amon said that there will be a place for Qualcomm in the data center CPU space. "As long as ... we can build a great product, we can bring innovation, and we can add value with some disruptive technology, there's going to be room for Qualcomm, especially in the data center," Amon said. "[It] is a very large addressable market that will that will see a lot of investment for decades to come." Last week, Qualcomm signed a memorandum of understanding with Saudi-based AI frim Humain to develop data centers, joining a slew of U.S. tech companies making deals in the region. Humain will operate under Saudi Arabia's Public Investment Fund.



[1] https://www.cnbc.com/2025/05/19/qualcomm-to-launch-data-center-processors-that-link-to-nvidia-chips.html

Regeneron Pharmaceuticals is [1]acquiring most of 23andMe's assets for $256 million. The sale [2]includes 23andMe's Personal Genome Service, Total Health and Research Services business lines. What's not included is 23andMe's telehealth unit, Lemonaid Health, which the company acquired for around $400 million in 2021. It'll be shut down, but all staffers will remain employed. CNBC reports:

> The deal is still subject to approval by the U.S. Bankruptcy Court for the Eastern District of Missouri. Pending approval, it's expected to close in the third quarter of this year, according to the release. In its bankruptcy proceedings, 23andMe required all bidders to comply with its privacy policies, and a court-appointed, independent "Consumer Privacy Ombudsman" will assess the deal, the companies said.

>

> Several lawmakers and officials, including the Federal Trade Commission, had expressed concerns about the safety of consumers' genetic data through 23andMe's sale process. The privacy ombudsman will present a report on the acquisition to the court by June 10. "We are pleased to have reached a transaction that maximizes the value of the business and enables the mission of 23andMe to live on, while maintaining critical protections around customer privacy, choice and consent with respect to their genetic data," Mark Jensen, 23andMe's board chair, said in a statement.

"At its peak, 23andMe was valued at around $6 billion," notes the report.



[1] https://www.cnbc.com/2025/05/19/regeneron-pharmaceuticals-to-buy-23andme-for-256-million-including-data.html

[2] https://www.globenewswire.com/news-release/2025/05/19/3083892/0/en/Regeneron-A-Leading-U-S-Biotechnology-Company-to-Acquire-23andMe-in-Court-Supervised-Sale.html

An anonymous reader quotes a report from TechCrunch:

> Microsoft on Monday became one of the [1]first hyperscalers to provide managed access to Grok , the AI model developed by billionaire Elon Musk's AI startup, xAI. Available through Microsoft's Azure AI Foundry platform, Grok -- specifically Grok 3 and Grok 3 mini -- will "have all the service-level agreements Azure customers expect from any Microsoft product," says Microsoft. They'll also be billed directly by Microsoft, as is the case with the other models hosted in Azure AI Foundry. [...] The Grok 3 and Grok 3 mini models in Azure AI Foundry are decidedly more locked down than the Grok models on X. They also come with additional data integration, customization, and governance capabilities not necessarily offered by xAI through its API.



[1] https://techcrunch.com/2025/05/19/xais-grok-3-comes-to-microsoft-azure/

Chatbots are [1]more persuasive in online debates than people -- especially when they are able to personalize their arguments using information about their opponent. From a report:

> The finding, published in Nature Human Behaviour on 19 May, highlights how large language models (LLMs) could be used to influence people's opinions, for example in political campaigns or targeted advertising.

>

> "Obviously as soon as people see that you can persuade people more with LLMs, they're going to start using them," says study co-author Francesco Salvi, a computational scientist at the Swiss Federal Technology Institute of Lausanne (EPFL). "I find it both fascinating and terrifying." Research has already shown that artificial intelligence (AI) chatbots can make people change their minds, even about conspiracy theories, but it hasn't been clear how persuasive they are in comparison to humans.

GPT-4 was 64.4% more persuasive than humans in one-to-one debates, the study found.



[1] https://www.nature.com/articles/d41586-025-01599-7

An anonymous reader shares a report:

> European "green" funds holding more than [1]$33 billion of investments in major oil and gas companies have been revealed by an investigation, despite fossil fuels being the root cause of the climate crisis. Some of these investment funds used branding such as Sustainable Global Stars and Europe Climate Pathway.

>

> Over $18 billion was invested in the five biggest polluters: TotalEnergies, Shell, ExxonMobil, Chevron and BP. These topped a 2023 Carbon Majors ranking for oil and gas production among shareholder-owned firms. Other investments by funds following EU sustainable finance disclosure regulations (SFDR) included those in US fracking company Devon Energy and Canadian tar sands company Suncor, the investigation by Voxeurop and the Guardian found.

>

> Investors claim that holding a stake in a company allows them to influence the firm's pursuit of climate goals. However, no major oil and gas producer has plans consistent with international climate targets and many companies have weakened their plans in the last year, according to a report from Carbon Tracker in April. The investment firms with the biggest stakes in fossil companies in their green funds were JP Morgan, BlackRock and DWS in Germany.



[1] https://www.theguardian.com/environment/2025/may/18/revealed-european-green-investments-hold-billions-in-fossil-fuel-majors

Microsoft unveiled " [1]Edit on Windows ," a new command-line text editor, at its Build conference today. The open-source tool allows developers to [2]edit files directly in the command line without switching to another app , similar to vim but designed to be more user-friendly.

Accessible by typing "edit" in a command prompt, the lightweight editor (less than 250KB) includes features like multiple file support via ctrl + P shortcuts, find and replace functionality, and regular expression support. "What motivated us to build Edit was the need for a default CLI text editor in 64-bit versions of Windows," said Christopher Nguyen, product manager of Windows Terminal, noting that 32-bit Windows versions already ship with MS-DOS Edit.

Microsoft also wanted to avoid the notorious "how do I exit vim?" problem by creating a modeless editor, The Verge writes. The tool will be available to Windows Insiders in the coming months.



[1] https://devblogs.microsoft.com/commandline/edit-is-now-open-source/

[2] https://www.theverge.com/news/669318/microsoft-edit-on-windows-command-line-text-editor

AI is [1]eroding entry-level positions across multiple industries , threatening the traditional career ladder for young professionals, LinkedIn's chief economic opportunity officer warned Monday. College graduate unemployment has risen 30% since September 2022, compared to 18% for workers overall, according to LinkedIn data. The company's research shows Generation Z workers expressing greater pessimism about their futures than any other age group.

"Breaking first is the bottom rung of the career ladder," wrote Aneesh Raman in a New York Times column, citing examples across technology, law, and retail where AI is replacing tasks traditionally assigned to junior workers. A LinkedIn survey of 3,000 executives found 63% believe AI will eventually handle mundane entry-level tasks, with professionals holding advanced degrees likely facing greater disruption than those without.

Some firms are adapting by redesigning roles. KPMG now assigns recent graduates tax work previously reserved for more experienced employees, while Macfarlanes has early-career lawyers interpreting complex contracts once handled by senior colleagues. Though economic uncertainty also impacts hiring, Raman warned that delayed career entry can cost young workers approximately $22,000 in earnings over a decade.



[1] https://www.nytimes.com/2025/05/19/opinion/linkedin-ai-entry-level-jobs.html

Microsoft has [1]announced NLWeb , an open protocol designed to democratize AI-powered search capabilities for websites and apps. Developed by Microsoft technical fellow Ramanathan V. Guha, who previously created RSS and Schema.org, NLWeb allows site owners to implement ChatGPT-style natural language search with minimal code. The protocol enables websites to process complex queries like "spicy and crunchy appetizers for Diwali" or "jackets warm enough for Quebec," requiring only an AI model, some code, and the site's own data.

During his demonstration to news outlet The Verge, Guha showed how NLWeb remembers user preferences, such as dietary restrictions, for future interactions. "It's a protocol, and the protocol is a way of asking a natural-language question, and the answer comes back in structured form," explained Guha, who argues the approach is significantly cheaper than traditional search methods that require extensive web crawling and indexing. Microsoft is partnering with publishers and companies including TripAdvisor, Eventbrite, and Shopify to implement NLWeb, though Guha acknowledges the challenge of achieving widespread adoption in a web that historically tends toward centralization.



[1] https://www.theverge.com/web/669437/nlweb-microsoft-ai-agents-open-web

Windows Subsystem for Linux (WSL) is [1]now open source , Microsoft said Monday. The tool, which allows developers to run Linux distributions directly in Windows, is available for download, modification, and contribution. "We want Windows to be a great dev box," said Pavan Davuluri, corporate VP at Microsoft. "Having great WSL performance and capabilities" allows developers "to live in the Windows-native experience and take advantage of all they need in Linux."

First [2]launched in 2016 with an emulated Linux kernel, WSL switched to [3]using the actual Linux kernel in 2019 with WSL 2, improving compatibility. The system has since gained support for GPUs, graphical applications, and systemd. Microsoft significantly refactored core Windows components to make WSL a standalone system before open sourcing it.



[1] https://thenewstack.io/the-windows-subsystem-for-linux-is-now-open-source/

[2] https://linux.slashdot.org/story/16/04/06/208234/new-windows-10-preview-for-pcs-with-bash-cross-device-cortana-released

[3] https://linux.slashdot.org/story/19/06/13/1442201/windows-10s-linux-kernel-is-now-available

An anonymous reader shares a report:

> Germany has [1]dropped its long-held opposition to nuclear power, in the first concrete sign of rapprochement with France by Berlin's new government led by conservative Chancellor Friedrich Merz.

>

> Berlin has signalled to Paris it will no longer block French efforts to ensure nuclear power is treated on par with renewable energy in EU legislation, according to French and German officials.

>

> The move resolves a major dispute between the two countries that has delayed decisions on EU energy policy, including during the crisis that followed Russiaâ(TM)s full-scale invasion of Ukraine.



[1] https://www.ft.com/content/e99efa2b-338a-4065-89c6-0683d5759ed7

Miami-Dade County Public Schools, the nation's third-largest school district, is now deploying Google's Gemini chatbots to [1]more than 105,000 high school students -- marking the largest U.S. school district AI deployment to date. This represents a dramatic reversal from just two years ago when the district blocked such tools over cheating and misinformation concerns.

The initiative follows President Trump's recent executive order promoting AI integration "in all subject areas" from kindergarten through 12th grade. District officials spent months testing various chatbots for accuracy, privacy, and safety before selecting Google's platform.



[1] https://www.nytimes.com/2025/05/19/technology/ai-miami-schools-google-gemini.html

New submitter [1]optical_phiber writes:

> In March 2025, the New South Wales (NSW) Department of Education discovered that Microsoft Teams had [2]begun collecting students' voice and facial biometric data without their prior knowledge. This occurred after Microsoft enabled a Teams feature called 'voice and face enrollment' by default, which creates biometric profiles to enhance meeting experiences and transcriptions via its CoPilot AI tool.

>

> The NSW department learned of the data collection a month after it began and promptly disabled the feature and deleted the data within 24 hours. However, the department did not disclose how many individuals were affected or whether they were notified. Despite Microsoft's policy of retaining data only while the user is enrolled and deleting it within 90 days of account deletion, privacy experts have raised serious concerns. Rys Farthing of Reset Tech Australia criticized the unnecessary collection of children's data, warning of the long-term risks and calling for stronger protections.



[1] https://slashdot.org/~optical_phiber

[2] https://www.theguardian.com/australia-news/2025/may/19/nsw-education-department-caught-unaware-after-microsoft-teams-began-collecting-students-biometric-data

Abstract of [1]a paper featured on NBER :

> This year marks the 40th anniversary of the NBER Macro Annual Conference, founded in 1986. This paper reviews the evolution of mainstream macroeconomics since then. It presents my views, informed by a survey of a number of researchers who have made important contributions to the field. I develop two main arguments.

>

> The first is that, starting from strikingly different positions, there has been substantial convergence, in terms of methodology, architecture, and main mechanisms. Methodology: Explicit micro foundations, explicit treatment of distortions, with, at the same time, an increased willingness to deviate from rational expectations, neoclassical utility and profit maximization. Architecture: The wide acceptance of nominal rigidities as an essential distortion, although with mixed feelings. Mechanisms: The wide nature of the shocks to both the demand and the supply side.

>

> The second is that this convergence has been, for the most part, good convergence, i.e. the creation of a generally accepted conceptual and analytical structure, a core to which additional distortions can be added, allowing for discussions and integration of new ideas and evidence, rather than fights about basic methodology. Not everything is right however, with too much emphasis on general equilibrium implications from the start, rather than, first, on partial equilibrium analysis of the phenomenon at hand.



[1] https://www.nber.org/papers/w33802