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May 14, 2026, 2:45 PM
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memeorandum
WeSmirchTop News
| Mark Gurman / Bloomberg: |
Sources: OpenAI is weighing legal action against Apple after expectations that ChatGPT's Siri integration would generate billions in revenue fell short — Apple Inc.'s two-year-old partnership with OpenAI has become strained, according to people familiar with the matter …
More: Futurism, The Information, Reuters, AppleInsider, MacRumors, 9to5Mac, Benzinga, iPhone in Canada, The Mac Observer, MacDailyNews, MediaNama, and Sherwood News
X: @mikeisaac, @markgurman, @markgurman, and @markgurman
Bluesky: @marypcbuk, @daniloc.xyz, @kithrup, @caseynewton, @elaineburke, @wowbaggert, @mgsiegler.com, and @carlquintanilla
Forums: Hacker News, r/apple, and MacRumors Forums
| Jordan Novet / CNBC: |
Cerebras opens at $350, valuing the chipmaker at $100B+, after raising $5.5B by selling 30M shares at $185, the largest US tech IPO since Uber's debut in 2019 — Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company's expected range.
More: Benzinga, Bloomberg, TechCrunch, Reuters, Bloomberg Law, Financial Times, Barron's Online, Axios, The Tech Portal, Sweden Herald, The Information, Yahoo Finance, Benzinga, Wall Street Journal, Blockonomi, DatacenterDynamics, Yahoo Finance, CoinDesk, TelecomTV, Fast Company, HPCwire, The Economic Times, SiliconANGLE, and CNBC
| Jess Weatherbed / The Verge: |
AT&T, T-Mobile, and Verizon sign an “agreement in principle” to form a joint venture that aims to end wireless dead zones in the US, without giving many details — A new joint venture has been proposed to pool spectrum resources and improve satellite capacity.
More: AT&T, Benzinga, The Information, PCMag, Engadget, Investor's Business Daily, AppleInsider, PhoneArena, Bloomberg Law, Droid Life, 9to5Mac, Yahoo Finance, Android Authority, Barron's Online, Phone Scoop, TelecomTV, Digital Trends, Fierce Network, MacTech.com, Advanced Television, Dow Jones Newswires, LightShed Partners, and Telecompaper. X: @caro_milanesi
| Reuters: |
Sources: the US has cleared ~10 Chinese companies, including Alibaba, Tencent, ByteDance, and JD.com, to buy Nvidia H200 chips, but no deliveries have been made — The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a single delivery …
More: Investor's Business Daily, International Business Times, The National, Livemint, Neowin, CNBC, Forbes, Barron's Online, Crypto Briefing, Blockonomi, Watcher Guru, Engadget, Taipei Times, Modern Diplomacy, Proactive, New York Times, Benzinga, The Information, CGTN, Yahoo Finance, Dow Jones Newswires, Sherwood News, PC Gamer, The Next Web, The Decoder, China Money Network, Seoul Economic Daily, and Semafor
Forums: r/AMD_Stock, r/NVDA_Stock, and Slashdot
| Tim Craig / Washington Post: |
Gallup: 71% of Americans oppose local AI data center construction, citing water and electricity issues, with opposition higher among Democrats than Republicans — The survey found that Republicans and Democrats are uncomfortable living near a data center, but opposition is especially intense among Democrats.
More: The Register, Gallup, Tech Brew, Washington Examiner, Tom's Hardware, HotHardware, The Verge, Mother Jones, Sherwood News, Benzinga, Bisnow, The Hill, Semafor, and CNET
Bluesky: @johngramlich, @mamasissiesays, @johngramlich, @moreperfectunion, and @kostyack
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
OpenAI says two employee devices were impacted via a supply chain attack on TanStack but no user data or production systems were compromised — Earlier this week, hackers hijacked several open source projects used by dozens of companies and pushed updates designed to spread malware.| Zac Hall / 9to5Mac: |
Spotify says it will adopt Apple's HTTP Live Streaming tech later in 2026, helping Spotify creators distribute video podcast shows on Apple Podcasts and Spotify — Spotify is making two video podcast announcements today, including one related to Apple's big video podcast enhancement.
More: Spotify for Creators, MacRumors, TechCrunch, iPhone in Canada, The Mac Observer, and iClarified. Bluesky: @johnspurlock.com
| Matt Levine / Bloomberg: |
A look at GameStop's takeover bid for eBay, a bizarre job application by GameStop CEO Ryan Cohen, who does not have the money to buy eBay, to become eBay's CEO — Also Adani Green and fund formation legal fees. — GameStop — The simple model of GameStop Corp.'s proposal to acquire eBay Inc. is:
More: New York Times, Reuters, and Benzinga
Forums: r/stupidpol, r/worldnews, r/neoliberal, r/politics, r/inthenews, and r/india
| Wired: |
As Meta prepares to lay off ~10% of its staff on May 20, sources say morale is low, and it moved 1,000+ engineers to an AI unit to build generative AI models — Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees …
More: Yahoo Finance, Moneycontrol, and Futurism
Bluesky: @parismarx.com, @katie-drummond, @shiraovide, @brbarrett, @laurengoode, and @couts
Forums: Hacker News, r/TrueReddit, r/technology, r/facebook, and Slashdot
| Jeffrey Dastin / Reuters: |
Anthropic and the Gates Foundation pledge $200M to use AI in health and education initiatives; the foundation signed a similar, $50M deal with OpenAI in January — Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods … | Emma Roth / The Verge: |
Microsoft updates Edge with new AI features, including letting Copilot gather information from open tabs and use browsing history for more relevant answers — The new features include AI podcasts, summaries, and quizzes based on what you're browsing.| Wall Street Journal: |
Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source — Cloud and networking products—including AI servers—remained the company's largest revenue contributor
More: Reuters, Focus Taiwan, BusinessDay, Dow Jones Newswires, The Economic Times, and MacDailyNews. X: @dnystedt
| Marina Temkin / TechCrunch: |
Ian Crosby's Synthetic, which is building an AI bookkeeper, raised a $10M seed led by Khosla; Crosby founded Bench, which raised $100M+ and imploded in 2024 — Ian Crosby, whose previous startup Bench Accounting famously shut down in 2024 before being bought for scraps …
More: FinSMEs, Ventureburn, Canadian Press, Axios, BetaKit, and Financial Post
| Jordan Novet / CNBC: |
Cisco reports Q3 revenue up 12% YoY to $15.84B, above $15.56B est., raises its FY 2026 AI orders forecast, and is cutting fewer than 4,000 jobs; CSCO jumps 15%+ — Cisco shares soared 15% after the networking company issued results and guidance that topped Wall Street's projections on Wednesday after the bell.
More: Cisco Blogs, Ars Technica, TechCrunch, Bloomberg, Cisco, Benzinga, Inc.com, Bloomberg, The Tech Portal, Reuters, ZeroHedge News, Verdict, The Motley Fool, TechRadar, Fast Company, Fortune, diginomica, Seoul Economic Daily, Siebert Blog, Yahoo Finance, Moneycontrol, Silicon Valley Business …, Business Today, HealthcareInfoSecurity.com, The Register, Network World, People Matters, Fox Business, Tech in Asia, Dow Jones Newswires, San Francisco Chronicle, SiliconANGLE, SFGATE, Originally Reported …, U.S. Home, The Information, CRN, Business Insider, Bloomberg Television on YouTube, Seeking Alpha, Investor's Business Daily, Constellation Research, Reuters, Reuters, CNBC, Morningstar, The Stack, and Barron's Online
X: @rogoswami, @layoffai, @beffjezos, @edzitron, @stevejang, @danielnewmanuv, @neilksethi, @divestech, @brettkessler__, @edludlow, @cisco, @thetranscript_, @trmnl_data, and @thetranscript_. LinkedIn: Sujith Joseph. Mastodon: @zackwhittaker@mastodon.social
Forums: r/antiwork, r/technology, r/StockMarket, and Slashdot
| Carl Franzen / VentureBeat: |
Anthropic unveils Claude Agent SDK credits for the programmatic use of tools such as OpenClaw on paid plans; users complain the move reduces subscription value — Good news, OpenClaw fans — you can once again use your Claude AI subscription to power the hit, open source, autonomous AI agentic harness!
More: The New Stack, InfoWorld, SiliconANGLE, Claude, Axios, The Decoder, Techstrong.ai, and XDA Developers
X: @claudedevs, @noahzweben, @alexalbert__, @lydiahallie, @theo, @claudedevs, @kunchenguid, @claudedevs, @quinnypig, @austen, @claudedevs, @lydiahallie, @weswinder, @theo, @mattpocockuk, @jinjingliang, @michaelarnaldi, @elvissun, @dexhorthy, @claudedevs, @theo, @voooooogel, @aarondfrancis, @andersonbcdefg, @jeremyphoward, @omarsar0, @benhylak, @brennerspear, @austen, @mattyp, @benhylak, @claudedevs, @nickadobos, @daniellefong, @0xgaut, @banteg, @josevalim, @shoyer, @jconorgrogan, @theo, @theo, and @theo. Threads: @ericflo
Forums: r/ZedEditor, r/ClaudeAI, r/conductorbuild, r/ClaudeAI, and r/ClaudeCode
| Max A. Cherney / Reuters: |
Filing: Jensen Huang's foundation bought $108.3M worth of AI computing time from CoreWeave and is donating it to universities and other nonprofit institutes — The foundation of Nvidia (NVDA.O) CEO Jensen Huang and his wife, Lori, is buying computing time from CoreWeave (CRWV.O) …
More: The Information and Benzinga
| Kurt Wagner / Bloomberg: |
Meta President Dina Powell McCormick went with President Trump on his China trip and met King Charles III in April, indicating she's Meta's new global emissary — The social media company's vice chair is part of the group traveling with Trump to China … Tech Across the Globe
More: The Information, The Daily Upside, and CBS News
| Wall Street Journal: |
Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives — More Chinese nationals who return home after working in the U.S., called ‘sea turtles,’ are fueling Beijing's efforts to take on Silicon Valley| Sam Rutherford / Engadget: |
Motorola Razr Fold review: good performance and screen, great battery life, sharp cameras, and stylus support, but heavier than the Z Fold 7 and lackluster AI — rating : 8.8 / 10 — Big, bright screens - Great battery life - Surprisingly sharp cameras - Native stylus support - Good performance| Ivan Mehta / TechCrunch: |
Wirestock, which says it provides multi-modal data to six of the largest foundation AI labs, raised a $23M Series A, bringing its total funding to $26M — In the past few years, creative marketplaces and platforms have realized that they are sitting on a data gold mine …
LinkedIn: Ashot Mnatsakanyan and Mikayel Khachatryan
| Antonio G. Di Benedetto / The Verge: |
Razer updates the Blade 18 with an Intel Core Ultra 9 290HX Plus chip, starting at $4000 with an Nvidia RTX 5070 Ti, up $500 from the comparable 2025 model — RAMageddon has come for the Blade 18 — and the Blade 16, too. … Razer just announced a new Blade 18 gaming laptop with an Intel Core Ultra 9 290HX Plus chip.
More: Gizmodo, Guru3D, Digital Trends, WePC, KitGuru, and Notebookcheck
| Aisha Malik / TechCrunch: |
TikTok launches TikTok GO in the US for users to book hotels, attractions, and experiences directly in the app, partnering with Booking.com, Expedia, and others — TikTok announced on Tuesday that it's launching TikTok GO, a way for users to discover and book hotels, attractions, and experiences directly within its app.| Alex Heath / Sources: |
Sources: Google plans to announce a new Gemini model at its I/O conference next week; the model will land roughly in the class of GPT-5.5, but short of Mythos — Sources say that Google plans to announce a new Gemini model at its annual I/O conference on Tuesday.| Connor Hart / Wall Street Journal: |
Klarna reports Q1 revenue up 44% YoY to $1.01B, above est., GMV up 33% YoY to $33.7B, customers up 20% YoY to 119M, and a $1M profit, vs. a $99M loss in Q1 2025 — The buy now, pay later company said first-quarter revenue jumped 44% to $1.01 billion — Klarna swung to a profit …
More: PYMNTS, Benzinga, Payments Dive, Proactive, RTÉ, Barron's Online, and Bloomberg
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