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☀️ On this day: On May 28, 1937, the German government established Volkswagen, initially named Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH. The company was created to produce affordable cars for the German populace, leading to the development of the iconic VW Beetle.

What’s happening:

• 🤖 OpenAI plans 100M AI companion devices

• 📉 Fewer grads hired as AI reshapes tech hiring

• 🚫 Apple rejected Elon Musk’s $5B satellite deal

• 📉 Tesla’s sales collapse 49% in Europe

• 🏆 YouTube is now king of the living room screen

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• + 📈 Trending tools and resources

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Hand-picked news:

🤖 OpenAI plans 100M AI companion devices ↗️LINK

• What: A leak reveals OpenAI and Jony Ive are building a screenless AI companion designed to seamlessly fit into users’ lives. It will be aware of surroundings, sit in your pocket or on your desk, and aims to ship 100 million units.

• Why: The device is meant to reduce screen dependence and create a more natural interaction with AI. Inspired by the film Her, it echoes Altman’s vision for ambient, always-on AI—and challenges aging smartphone and laptop interfaces.

• Impact: If it delivers, this could mark a major shift in personal tech. With OpenAI’s leading AI models and Ive’s legendary design, it could succeed where others like Humane’s AI pin failed.

📉 Fewer grads hired as AI reshapes tech hiring ↗️LINK

• What: New research by VC firm SignalFire suggests AI is starting to impact entry-level hiring in tech. In 2024, Big Tech firms hired 25% fewer recent grads than in 2023, while startups cut grad hiring by 11%. Employers are increasingly favoring experienced hires.

• Why: Entry-level roles often involve routine tasks—like coding, debugging, and financial research—that AI now handles effectively. Employers cite AI as a major factor in hiring shifts, with 40% planning cuts in roles AI can automate.

• Impact: AI’s rise could significantly shrink entry-level job opportunities, making it harder for new graduates to break into tech and finance. The shift may redefine career paths and training expectations across the industry.

🚫 Apple rejected Elon Musk’s $5B satellite deal ↗️LINK

• What: Apple rejected Elon Musk’s 2022 proposal demanding $5 billion upfront for exclusive SpaceX satellite access on iPhones. Musk instead partnered with T-Mobile, sidestepping Apple.

• Why: Apple feared regulatory consequences if tied too closely to SpaceX, worrying it could be classified as a telecom provider. That fear now affects its willingness to expand or monetize satellite features.

• Impact: Apple’s satellite ambitions are on shaky ground. Internal debates include possibly dropping the features altogether to avoid legal and regulatory headaches, stalling innovation in emergency connectivity.

📉 Tesla’s sales collapse 49% in Europe ↗️LINK

• What: Tesla’s European sales plunged 49% in April 2025 year-over-year, despite a 26.4% rise in overall EV sales across the EU, UK, and EFTA. Only 7,261 Teslas were registered, even after the launch of the refreshed Model Y.

• Why: Factors include rising competition from Chinese and European automakers, backlash over Elon Musk’s far-right political ties in Germany, and broader brand damage. Musk’s political entanglements and controversial public persona have hurt Tesla’s image.

• Impact: Once a top EV brand, Tesla now faces slipping market share and reputation. With Musk distracted by politics and other ventures, a near-term turnaround looks uncertain.
  

🏆 YouTube is now king of the living room screen ↗️LINK

• What: YouTube has overtaken Disney and Netflix in U.S. TV viewing, claiming 12.4% of total watch time for three straight months, according to Nielsen. TVs are now the platform’s most-used device in the U.S.

• Why: YouTube’s growth is fueled by diverse content, algorithm-driven discovery, and strategic deals—like its exclusive streaming of the NFL’s first Friday game. A year ago, its share was just 9.6%.

• Impact: This marks a major shift in content consumption. As YouTube becomes the primary screen, it challenges traditional streamers and reshapes how advertisers and creators engage TV audiences.

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Yesterday’s Poll Result:

Does it concern you that some AIs try to sabotage shutdown scripts?

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• B) No – It’s likely just a training flaw - 13%

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