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Techmeme
May 5, 2026, 7:40 AM
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Top News

New York Times:
Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release  —  The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight …
Bloomberg:
Sources: Apple held exploratory talks with Intel and Apple executives visited a Samsung plant in Texas to explore producing core chips for its devices in the US  —  Apple Considers Using Intel, Samsung to Build Device Processors  —  Video Player is loading.  —  Unmute
Foo Yun Chee / Reuters:
Meta says it will expand Instagram teen account safeguards to 27 EU countries, and plans to roll them out on Facebook in the US, ahead of the UK and EU in June  —  Meta Platforms (META.O) will expand technology safeguards for teen accounts to 27 European Union countries and to Facebook in the United States …
More: RTÉ
Alice Speri / The Guardian:
Letter: UK-based Google DeepMind workers voted to unionize with the Communication Workers Union and Unite in April, representing 1K+ staff, amid the US DOD deal  —  Exclusive: Worker pointed to Iran war and Pentagon's Anthropic feud as indications the department is ‘not a responsible partner’
Nicola M White / Bloomberg:
Elon Musk agrees to pay $1.5M to settle SEC allegations that he cheated Twitter shareholders in 2022 by failing to disclose the 5%+ stake he had in the company  —  Elon Musk agreed to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders out of millions …
Bloomberg:
Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth ~$30B; a Musk attorney asks why he hasn't donated $29B to OpenAI's nonprofit arm  —  OpenAI co-founder and President Greg Brockman testified that his stake in the startup is now worth almost $30 billion …
Tim Fernholz / TechCrunch:
Musk v. Altman: Stuart Russell, Elon Musk's only AI expert witness, warned of AI risks, but the judge excluded his concerns about AI's existential threats
Emily Nicolle / Bloomberg:
Crypto exchange Bullish agrees to acquire Equiniti, a UK-based financial services outsourcing business, from Siris Capital in a $4.2B deal, set to close in 2027  —  Bullish agreed to buy Equiniti from Siris Capital in a $4.2 billion deal, as the crypto exchange seeks to expand in blockchain-based capital markets infrastructure.
Marissa Newman / Bloomberg:
Zyg, an AI startup by ironSource's founders to automate business functions, raised $60M led by Accel at a $500M valuation, two months after exiting stealth  —  Zyg, an artificial intelligence platform created by the founders of IronSource, raised funding at a $500 million valuation just two months after coming out of stealth.
More: CTech
Kimberley Kao / Wall Street Journal:
Vodafone plans to take full ownership of its VodafoneThree joint venture with Hong Kong conglomerate CK Hutchison, which agrees to sell its 49% stake for £4.3B  —  The deal is expected to be completed in the second half of 2026  —  Vodafone Group will take full ownership of its joint venture …
Diana Novak Jones / Reuters:
New Mexico child safety trial: New Mexico asks a judge to declare Meta a public nuisance and to order it to pay $3.7B and overhaul its apps to protect children  —  The U.S. state of New Mexico on Monday asked a judge to declare Meta Platforms (META.O) a public nuisance …
Bloomberg:
How Europe is falling behind in the global crypto race, as delays to the ECB's digital euro leave the bloc exposed to US-led stablecoin dominance  —  In the contest over the future of money, the US dollar has a huge head start  —  When Christine Lagarde addressed a central bank conference late last year, her frustration was clear.
New York Times:
Investigation: an inheritance dispute over an ex-LG chair's estate prompts a criminal complaint over how the dynastic South Korean chaebol family divides assets  —  On a Thursday afternoon in June 2020, two executives from the LG finance department arrived at the hilltop home of Kim Young-shik …
Berber Jin / Wall Street Journal:
Sources: Sam Altman discussed spinning out OpenAI's robotics and consumer hardware divisions in late 2025 to give them more room to grow; the plan was rejected  —  Company is considering an Alphabet-like structure for its portfolio of products, though no discussions are currently active
Tanaya Macheel / CNBC:
Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20%  —  Shares of Circle surged after lawmakers over the weekend struck a compromise on the market structure bill known as the CLARITY Act …
Jack Clark / Import AI:
Anthropic co-founder explains why there's a 60%+ chance of AI systems autonomously building their successors by 2029 and the consequences of automated AI R&D  —  The first step towards recursive self improvement  —  Welcome to Import AI, a newsletter about AI research.
Jaspreet Singh / Reuters:
Palantir reports Q1 revenue up 85% YoY to $1.63B, above $1.54B est., US government revenue up 84% YoY to $687M, and US commercial revenue up 133% YoY to $595M  —  Palantir Technologies (PLTR.O) beat Wall Street estimates for first-quarter revenue on Monday, driven by rising demand …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, May 5, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
White House denied CNN, MS NOW, Politico staffers access on Saturday; CNN calls it an “illegal assault”; Politico says it will “vigorously defend” its 1A rights

Jessica Toonkel / Wall Street Journal:
Sources: Paramount is in advanced settlement talks with California Attorney General Rob Bonta over the company's deal to acquire WBD

Katie Kilkenny / The Hollywood Reporter:
Gov. Gavin Newsom signs a postproduction tax incentive into law, rewarding productions that locate scoring, editing, or other post work in California

More News

Owen Tucker-Smith / Wall Street Journal:
As Colorado tech leaders say that burdensome regulations are driving companies away, lawmakers introduce a slimmer version of an AI anti-discrimination bill
New York Times:
Former Trump and Biden AI advisers Dean Ball and Ben Buchanan urge bipartisan action on AI security risks, including tighter export controls and safety audits
Mark Gurman / Bloomberg:
Sources: Apple prepares a “Create a Pass” feature for iOS 27, which lets users take a QR code and generate a custom pass around it for concerts and other venues
Dylan Martin / CRN:
Intel taps Alex Katouzian, an ex-Qualcomm EVP, to lead Client Computing & Physical AI group, and names Pushkar Ranade as CTO, after serving on an interim basis

Earlier Picks

Christopher Mims / Wall Street Journal:
Ex-iRobot CEO Colin Angle launches Familiar Machines & Magic and unveils Familiar, a dog-like “emotionally intelligent” robot that reacts to an owner's feelings
Bloomberg:
Nearly 20 US state-run health insurance exchanges include ad trackers that send user data like race and citizenship info to Meta, TikTok, Google, and others
Tim Bradshaw / Financial Times:
Panthalassa, which aims to power floating data centers using energy generated by ocean waves, raised $140M led by Peter Thiel, source says at a $1B valuation
Natasha Mascarenhas / Bloomberg:
Katie Haun raised $1B for two funds split between early and later-stage investments, looking at startups blending financial services, AI, and alternative assets
Kate Rooney / CNBC:
Bret Taylor's Sierra, which sells AI customer service agents, raised a $950M Series E led by Tiger and GV at a $15.8B post-money valuation, up from $10B in 2025
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