Techmeme
-
Sources: WH approved a $9B request to acquire advanced AI chips for spy agencies; Anthropic is finalizing a classified contract for NSA to keep using its tools (New York Times)
-
Qualcomm stock closed up 11.6% on Friday and is now up 75% in the past month, as the company increasingly becomes a key player in AI devices (Katie Tarasov/CNBC)
-
Google's AI Overviews are failing to provide search summaries for specific command-style terms including "disregard", "ignore", and "skip" (Jay Peters/The Verge)
-
Sources: the SEC has delayed the release of a plan for an "innovation exemption" that would allow crypto firms to trade tokenized versions of US stocks (Scott Patterson/Bloomberg)
-
Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year (Jonathan Vanian/CNBC)
-
Google rolls out a Google Wallet redesign, including "dynamic quick access" for favorites, a "View more" floating action button, and more (Abner Li/9to5Google)
-
Activision shareholders reach a $250M settlement over allegations that Microsoft and Activision underpaid them during Microsoft's 2023 acquisition of Activision (Tom Hals/Reuters)
-
How the global memory chip crunch, driven by AI demand, is hurting China's car industry, squeezing automakers already hit by a price war and razor-thin margins (Nikkei Asia)
-
Memo: Yusuf Mehdi, a 35-year Microsoft veteran who has been its consumer chief marketing officer since 2023, will leave the company after the next fiscal year (Todd Bishop/GeekWire)
-
Farther Finance, which is building an AI-enabled wealth management platform for financial advisors, raised a $150M Series D at a $1B+ post-money valuation (Ryan Lawler/Axios)
-
Zero2IPO Research: Chinese AI startups raised $16.2B in Q1 2026, up 185% YoY, led by top AI labs including Moonshot, Z.ai, and MiniMax (Karen Tian/South China Morning Post)
-
Microsoft veteran executive Yusuf Mehdi is leaving after the next fiscal year, an internal memo shows (Ashley Stewart/Business Insider)
-
Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization (Lulu Yilun Chen/Bloomberg)
-
Italian police dismantle a piracy network that streamed paid content from Netflix and others via an app called Cinemagoal with annual subscriptions of âŹ40-âŹ130 (Ana-Maria Stanciuc/The Next Web)
-
Republican House Oversight Committee Chairman James Comer says he requested information from Kalshi and Polymarket on their efforts to prevent insider trading (Justin Papp/CNBC)