/r/technology
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SpaceX not the behemoth everyone thought
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A Hacker Group Is Poisoning Open Source Code at an Unprecedented Scale
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The Death of Entry-Level Jobs: 43% of CEOs plan to slash junior roles over the next two years, shifting hiring to older, mid-level workers as Al takes over routine tasks, creating a catastrophic bottleneck for the future workforce.
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Samsung chip workers to get $340,000 average bonus in AI boom
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Anthropic is paying SpaceX $15 billion per year
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Records show Clevelandâs Flock cameras used for immigration searches. City says Flock accidentally connected drones to the network
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FCC Official Warns Against Giving Starlink Too Much Control Over Rural Broadband
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In desperate times, graduates find hope in humiliating tech CEOs / âThey deserve everything theyâre getting.â (Boos.)
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Google is about to ruin the internet
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Nvidia says it has âlargely concededâ Chinaâs AI chip market to Huawei
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Anthropic is paying SpaceX $1.25 billion a month
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St. Charles City Council bans data centers
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ChatGPT and other AI bots made huge errors before Scottish election, study finds
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Nearly 30,000 tech workers laid off this month so far, tracker says
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A Ukrainian ground robot defended a position from Russian assault for six weeks
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To study how chips really work, MIT researchers built their own operating system
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Linus Torvalds admits he has a 'love-hate relationship with AI'
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Amazon, Facebook, ICE, and the FBI have access to a private intelligence-sharing network operated by Seattle police â Seattle Shield requests suspicious activity reports from local private companies, which are then circulated within the network as part of a nationwide surveillance apparatus
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Exclusive: Grok falls flat in Washington, undercutting SpaceX's AI growth story
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Deus ex machina: Half of US Christians trust AI's spiritual advice
Techmeme
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Source: Cursor reached $3B in annualized revenue in late April and now has 3,000+ customers paying at least $100K each for its software on an annualized basis (Rachel Metz/Bloomberg)
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Spotify closes up 13% after announcing new features and 2030 guidance, forecasting a compound annual growth rate in the mid-teens and gross margins of 35%-40% (Samantha Subin/CNBC)
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Zoom reports Q1 revenue up 5.5% YoY to $1.24B, vs. $1.22B est., AI Companion paid users up 184%, forecasts FY 2027 revenue above est.; ZM jumps 8%+ after hours (Brody Ford/Bloomberg)
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Take-Two reports Q4 bookings flat YoY at $1.58B, forecasts FY 2027 bookings below est., reiterates GTA VI's November 19 launch date; TTWO jumps 6%+ after hours (Zaheer Kachwala/Reuters)
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Workday reports Q1 revenue up 13% YoY to $2.54B vs. $2.52B est., and lifts its full-year forecast, saying its AI strategy is working; WDAY jumps 9%+ after hours (Jordan Novet/CNBC)
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Texas AG Ken Paxton sues Meta, accusing WhatsApp of marketing its services as secure but failing to "deliver on those promises" by accessing encrypted messages (Ryan Autullo/Bloomberg Law)
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Meta joins TikTok, Snap, and YouTube in settling with a Kentucky school district to avoid a trial over claims the platforms were designed to addict kids (Erin Mulvaney/Wall Street Journal)
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Sources: Starbucks shut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items (Waylon Cunningham/Reuters)
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Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (Deepa Seetharaman/Reuters)
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Gavin Newsom signs an EO mandating state agencies work with the AI industry and others to study subsidies for companies that don't replace workers with AI (Cecilia Kang/New York Times)
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Sources: OpenAI generated ~$5.7B in revenue in Q1, ~$1B more than Anthropic; its adjusted operating income margin was -122%, and ChatGPT user growth stalled (Sri Muppidi/The Information)
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Sources: the EU will propose temporarily lifting sanctions, imposed in April, on a major Chinese semiconductor supplier after automakers warned of shortages (Alberto Nardelli/Bloomberg)
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August Robotics, which makes autonomous robots for construction and industrial applications, raised $30M led by Big Pi Ventures (Kyt Dotson/SiliconANGLE)
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Apple plans to broadcast an MLS game on Saturday shot entirely on 15 iPhone 17 Pros, the first major live sports event to be captured using only smartphones (Todd Spangler/Variety)
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Source: smart ring maker Oura filed confidentially for a US IPO, set for later in 2026; SF- and Finland-based Oura had an $11B valuation in September 2025 (Mark Gurman/Bloomberg)