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May 5, 2026, 9:15 AM
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| New York Times: |
Sources: the Trump administration is discussing an EO to form an AI working group that would examine AI oversight procedures, like vetting models before release — The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight …
More: Wall Street Journal, Axios, Engadget, CSO, The Information, Mashable, Gizmodo, Axios, Bloomberg, Business Today, Techstrong.ai, The Decoder, Noahpinion, The Economic Times, Forbes Middle East, Dow Jones Newswires, The Verge, Implicator.ai, Business Insider, Tom's Hardware, NewsMax.com, Semafor, and Tom's Guide
X: @bobgourley, @nicoperrino, @adamthierer, @tunguz, @luke_metro, @kevinbankston, @shakeelhashim, @elidourado, @taylordbarkley, @beffjezos, @hamandcheese, @annmarie, @castrotech, @bcardarella, @biancoresearch, @bradrcarson, @beffjezos, @chrisrmcguire, @hadas_gold, @yonashav, @shakeelhashim, @teknium, @thomas_woodside, @deanwball, @_nathancalvin, @garymarcus, @danturrentine, @lilashroff, @tenobrus, @dnvolz, and @trevposts
Bluesky: @samsabin, @masnick.com, @attorneynora, @karlbode.com, and @ericjgeller.com
| 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
More: Tom's Hardware, 9to5Mac, MacRumors, Benzinga, The Tech Portal, Android Authority, iPhone in Canada, The Next Web, Proactive, Blockonomi, Reuters, SammyGuru, Seoul Economic Daily, Digit, Cult of Mac, The Mac Observer, AppleInsider, DigiTimes, Simply Wall St, Tech in Asia, SamMobile, Sherwood News, The Apple Post, and Notebookcheck
X: @markgurman and @firstadopter
Bluesky: @chicagomike and @harrymccracken.com
Forums: r/apple and MacRumors Forums
| Reuters: |
Coinbase CEO Brian Armstrong announces the company is cutting ~700 jobs, or ~14% of its global workforce, to reduce costs, saying “AI is changing how we work” — Coinbase (COIN.O) said on Tuesday it will cut about 700 jobs, or about 14% of its global workforce …
More: TechCrunch, The Information, Business Today, Decrypt, The Block, Wall Street Journal, CoinDesk, Business Insider, Bloomberg Law, Reuters, Benzinga, Dow Jones Newswires, Dexerto, Cointelegraph, Financial Times, CNBC, Yahoo Finance, ZeroHedge News, CryptoPotato, The Crypto Times, crypto.news, NewsBTC, CoinGape, Crypto Briefing, Bitcoin Magazine, The Stack, Bloomberg, and Coinpedia Fintech News
| Emma Roth / The Verge: |
Meta is using AI on Facebook and Instagram to detect under-13 users by analyzing bone structure, height, and visual cues, but says it's “not facial recognition” — ‘We want to be clear: this is not facial recognition,’ Facebook says. … Facebook and Instagram have a new way to detect … | 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 and Channel NewsAsia
| 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’
More: The Verge, Business Insider, Wired, Engadget, The Korea Times, ComputerWeekly.com, and The Independent
X: @shakeelhashim and @jjvincent
| Emily Nicolle / Bloomberg: |
Crypto exchange Bullish agrees to acquire UK-based financial services outsourcing business Equiniti from Siris Capital for $4.2B, set to close in January 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.| Nicola M White / Bloomberg: |
Elon Musk agrees to pay $1.5M to settle US SEC allegations that he cheated Twitter shareholders in 2022 by not disclosing 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 …
More: CNBC, Reuters, UPI, ZeroHedge News, US Securities …, crypto.news, The Next Web, Digit, Deccan Chronicle, The Independent, Blockonomi, Benzinga, Silicon UK, Washington Post, Politico, Los Angeles Times, Barron's Online, The Verge, The Hill, Engadget, Financial Times, Dow Jones Newswires, and Wall Street Journal
| Counterpoint Research: |
In Q1, the iPhone 17 was the world's best-selling smartphone, with 6% of global sales; the iPhone 17 Pro Max and 17 Pro were 2nd and 3rd, and Galaxy A07 was 4th — Harshit Rastogi is Senior Analyst based out of Gurgaon, India. He closely tracks global handset market ecosystem and wearables.
More: Business Today, 9to5Mac, SammyGuru, Benzinga, Cult of Mac, XimiTime, Livemint, AppleInsider, and iClarified
| Yogita Khatri / The Block: |
a16z crypto raised $2.2B for its fifth fund, down from its record $4.5B Fund 4 in May 2022, taking its total capital raised across five funds to ~$9.8B — Quick Take — a16z crypto has raised $2.2 billion for its fifth fund as the venture capital firm points to growing use of stablecoins …
More: CoinDesk, The Information, Unchained, Fortune, Bloomberg, and Forbes
X: @packym, @meigga, @0xnairolf, @a16zcrypto, and @cdixon
| Bloomberg: |
Musk v. Altman: Greg Brockman testifies that his OpenAI stake is now worth almost $30B; a Musk attorney asks why he didn't donate $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: |
| Bloomberg: |
The US Commerce Department's CAISI says Google, Microsoft, and xAI join OpenAI and Anthropic in granting early access to evaluate models prior to public release — Alphabet Inc.'s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models …
More: Axios, Financial Times, and NIST
| @mingchikuo: |
Kuo: OpenAI appears to be fast-tracking its AI agent phone with two NPUs and a custom MediaTek Dimensity 9600 SoC, targeting mass production as early as H1 2027 — 【Industry Check Update】OpenAI appears to be fast-tracking its first AI agent phone, with mass production targeted as early as 1H27. Potential drivers include supporting a year-end IPO narrative and intensifying competition in AI agent phones. MediaTek currently appears better
More: MacRumors, Digit, and Android Authority
| Meghan Bobrowsky / Wall Street Journal: |
RadixArk, led by former xAI employee Ying Sheng, raised a $100M seed at a $400M valuation to make AI inference more efficient via its open-source SGLang engine — RadixArk has raised $100 million at a $400 million valuation for a software engine and framework that make inference and training more efficient to run| John Gruber / Daring Fireball: |
Source: YC owns ~0.6% of OpenAI, which was seeded by a YC offshoot called YC Research in 2016; at OpenAI's current $852B valuation, the stake is worth $5B+ — Speaking of companies with valuable minority stakes in AI companies, there's one thing that stuck in my craw about the blockbuster …
| Ignacio Gonzalez / Bloomberg: |
Shopify reports Q1 revenue up 34% YoY to $3.2B, above est., GMV up 34% YoY to $100B, and forecasts weaker Q2 revenue growth; SHOP falls 11%+ pre-market — Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down. — The stock dropped as much as 11% … | Paige Smith / Bloomberg: |
PayPal reports Q1 net revenue up 7% YoY to $8.4B, total payment volume up 11% YoY to $464B, active accounts up 1% to 439M, and seeks $1.5B+ in cost savings — PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around … | 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 … | Semiconductor Industry Association: |
Global chip sales hit $298.5B in Q1 2026, up 25% from Q4 2025, and March sales were up 79.2% YoY to $99.5B, driven by strong sales in Asia and the Americas — Worldwide chip sales in March increase 79.2% year-to-year, 11.5% month-to-month — The Semiconductor Industry Association (SIA) …
X: @siaamerica
| 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 …
More: TechCentral.ie, Mashable, Silicon UK, Santa Fe New Mexican, Social Media Today, LAW.com, Bloomberg Law, Source New Mexico, KYMA-TV, Law360, Albuquerque Journal, New York Post, Breitbart, TechRadar, KFOX-TV, NPR, Associated Press, and CNBC
X: @swiftstories, @andymstone, @swiftstories, @swiftstories, @swiftstories, and @moflatley. Bluesky: @vivarioarriba. Threads: @andymstone
| Nilay Patel / The Verge: |
Q&A with Uber CEO Dara Khosrowshahi on his plan to make Uber an everything app, Uber's AI integrations, Uber's large investments in autonomous cars, and more — Uber's CEO on his plan to make Uber an everything app and take over travel. … Today, I'm talking with Uber CEO Dara Khosrowshahi.
More: YouTube and Moneycontrol
| 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.
Bluesky: @campuscodi.risky.biz
| Mike Rogoway / Oregonian: |
Lattice Semiconductor agrees to acquire AMI for $1.65B in cash and stock; Georgia-based AMI provides firmware and infrastructure manageability for cloud and AI — Hillsboro-based Lattice Semiconductor said Monday it is buying a Georgia tech company called AMI for $1.65 billion in cash and stock … | Paula Doenecke / Bloomberg: |
Nscale agrees to spend €695M on infrastructure in Portugal in an expansion of its Microsoft partnership, supplying 66K+ Nvidia Rubin GPUs from late 2027 — Nscale Global Holdings has agreed to spend €695 million ($812 million) on infrastructure in Portugal in an expansion of its partnership with Microsoft Corp.
More: DatacenterDynamics, TheEnergyMag, Nscale, and Telecompaper
| Todd Bishop / GeekWire: |
Microsoft's 2026 Work Trend Index: a survey of 20K AI users finds 65% fear falling behind, but only 13% report being rewarded for experimenting with AI at work — [Editor's Note: Agents of Transformation is an independent GeekWire series, underwritten by Accenture, exploring the adoption and impact of AI and agents.
More: CNET, Fast Company, Forbes, TechRadar, Microsoft, Microsoft, and The AI Economy
X: @toddbishop, @thekenyeung, @microsoft365, and @microsoft
LinkedIn: Jared Spataro and Matt Firestone
| 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: Globes, CTech, and The Next Web
| 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 … Sponsor Posts
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