/r/technology
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After Town Bans Flock, Councilmember Crashes Out, Proposes Internet and Phone Ban / A Texas councilmember will propose “a total ban on all cellular and GPS-capable devices for all operations within city limits" and “a total termination of all internet services."
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U.S President Discloses at Least $220 Million in Q1 2026 Financial Transactions, Including Purchases of Paramount, WBD, Netflix, Disney and Comcast Securities
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AI Is Too Expensive: AI is, as it stands, not economically viable for anybody involved other than the construction firms, NVIDIA, and the surrounding hardware companies benefitting from the irrational exuberance of a data center buildout that doesn’t appear to be happening at the speed we believed
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The biggest data center ever is becoming a huge problem in Utah
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Driver intentionally drove Cybertruck into lake to use vehicle’s ‘Wade Mode,’ police say
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The American Rebellion Against AI Is Gaining Steam - Booed commencement speakers, blocked data centers, plummeting poll numbers: Fast-growing industry has a faster-growing crisis
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An 81-Year-Old Grandma Streaming Minecraft To Pay For Grandson’s Cancer Treatment Has Been Swatted
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Lyft driver caught blatantly using Gemini AI (with watermark) to fake damage to his car and charge riders extra for cleaning fees
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The AI bots are coming and the young are booing, not applauding
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Barnes & Noble CEO backs selling AI-written books in stores
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Billionaires are trying to lull us into AI complacency. Don’t let them
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Meta Employees Are Scrambling to Use Up Benefits Ahead of Layoffs | WIRED
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Meta Begins Laying Off 8,000 Employees Amid A.I. Transformation
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Intuit to lay off over 3,000 employees to refocus on AI
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Disney sued over facial recognition technology at California parks
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Microsoft is pulling the plug on SMS codes, wants you to switch to passkeys
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Google Changes Its Search Box for the First Time in 25 Years
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Dutch organizations demand that Meta stop blocking LGBTQIA+ accounts without a valid reason and that there be an option to challenge such decisions
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Communities are blocking billions in data centers. Big Tech has wagered $1 trillion otherwise
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China banned RTX 5090D V2 while Nvidia CEO Jensen Huang was visiting | The chip was added to a list of banned goods at China’s customs checkpoints last Friday.
Techmeme
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SpaceX S-1: Anthropic is paying SpaceX $1.25B/mo. until May 2029 under their compute deal; Anthropic says it's expanding the deal to include Colossus 2 capacity (Ina Fried/Axios)
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Filing: SpaceX reports 2025 revenue of $18.7B, up 33% YoY, a $4.9B loss, vs. a $791M profit in 2024, and $20.7B in capital expenditures, up from $11.2B (New York Times)
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Nvidia reports Q1 net income up 211% YoY to $58.3B, beating analyst estimates of $42.9B, and raises Q2 revenue forecast to $91B (Robbie Whelan/Wall Street Journal)
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In disclosures to investors, Anthropic says it expects to generate $10.9B in revenue in Q2, vs. $4.8B in Q1, and turn a $559M operating profit, its first ever (Berber Jin/Wall Street Journal)
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SpaceX files publicly for its IPO, choosing Nasdaq to make its debut under the symbol SPCX (Bloomberg)
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Nvidia reports Q1 revenue up 85% YoY to $81.6B, Data Center revenue up 92% to $75.2B, and announces an $80B additional share repurchase authorization (Nvidia Newsroom)
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OpenAI says an internal general-purpose reasoning model has disproved the Erdős unit distance conjecture, a central problem in discrete geometry posed in 1946 (OpenAI)
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Granta and the Commonwealth Foundation say they can't determine yet if AI was used to write a prize-winning short story after critics pointed to signs of AI use (The Guardian)
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Google says it is testing new ad formats in search results and AI Mode, including Conversational Discovery ads, Highlighted Answers, and AI-powered Shopping ads (Anu Adegbola/Search Engine Land)
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Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform (Jacob Passy/Wall Street Journal)
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Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; the company plans to be ready to go public as early as September (Wall Street Journal)
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Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 will fall by about 8% to 9%; UBI falls 6%+ (Reuters)
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Internal memo: Xbox hires game industry analyst Matthew Ball as chief strategy officer, and names Scott Van Vliet, who led Azure AI infrastructure, as Xbox CTO (Tom Warren/The Verge)
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Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year (Katie Paul/Reuters)
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An interview with Match Group CEO Spencer Rascoff about plans for Tinder, including a redesign, AI features, live events, and group dating to win over Gen Z (Samantha Kelly/Bloomberg)