Dana Hull / Bloomberg: Memphis says xAI is using Tesla’s 150MW Megapack batteries to shore up its Colossus supercomputer; xAI spent ~$230M on them from January 2024 to February 2025  —  Elon Musk’s xAI is using Tesla Inc.’s Megapack batteries to shore up its “Colossus” supercomputer in Memphis … Lees verder op Tech Meme

Spencer Soper / Bloomberg: Shopify reports Q1 revenue up 27% YoY to $2.36B, above $2.34B est., and GMV up 23% YoY to $74.75B, as investors struggle to determine the trade war’s impact  —  The Canadian e-commerce company said it expects gross profit growth in the quarter ending in June to be in the mid-teens, compared with a year earlier. Lees verder op Tech Meme

Lauren Thomas / Wall Street Journal: Coinbase agrees to acquire Dubai-based Deribit, the world’s biggest trading platform for BTC and ETH options, for ~$2.9B, split as $700M in cash and 11M shares  —  Deribit is the world’s biggest trading platform for bitcoin options  —  Coinbase Global has agreed to acquire Deribit … Lees verder op Tech Meme

Washington Post: Analysis: 67K+ new or small-time crypto investors bought the $TRUMP memecoin but 80% of them bought near the coin’s peak and saw their holdings’ value nosedive  —  Nearly 67,000 crypto novices have pulled out their debit cards to bet on Trump’s meme coin venture, a Post analysis found. Lees verder op Tech Meme

Financial Times: The European Commission is facing pressure from member states, led by Ireland, to force Google, Meta, and others to vet financial ads on social media for scams  —  EU member states push for rule change to make tech groups shoulder responsibility for fraud that costs billions each year Lees verder op Tech Meme