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May 18, 2026, 3:05 PM
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CNBC:
Musk v. Altman: the jury unanimously rejects Elon Musk's claims against Sam Altman, finding that the claims were filed outside of the statute of limitations  —  After less than two hours of deliberations, a jury on Monday rejected Elon Musk's claims against OpenAI CEO Sam Altman …
Omkar Godbole / CoinDesk:
Nasdaq-listed Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy, blaming “increasingly stringent compliance obligations”  —  Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
Emily Forgash / Bloomberg:
NextEra's $67B deal to buy Dominion, the largest utility merger in US history, signals a new era of utility consolidation to accommodate AI-driven power demand  —  NextEra Energy Inc.'s $67 billion deal for rival Dominion Energy Inc., the largest utility acquisition in US history …
Jay Peters / The Verge:
Sony is hiking the starting price of one-month and three-month PlayStation Plus subscriptions in “select regions”, blaming “ongoing market conditions”  —  One-month and three-month PlayStation Plus subscriptions are getting more expensive.
Simon Sharwood / The Register:
In his weekly Linux kernel post, Linus Torvalds says “AI tools are great” but duplicate bug reports have made the security list “almost entirely unmanageable”  —  Multiple researchers using the same tools to find the same bugs are creating ‘unnecessary pain and pointless work’
Golnar Motevalli / Bloomberg:
Iranian media: Iran launches “Hormuz Safe”, a Bitcoin-backed insurance service for shipping companies transiting the Strait of Hormuz; ~1,500 ships are trapped  —  Iran has started a Bitcoin-backed insurance service for shipping companies that want to transit the Strait of Hormuz …
Cursor:
Cursor releases Composer 2.5, saying it's better at sustained work on long-running tasks and follows complex instructions more reliably; it's built on Kimi K2.5  —  Composer 2.5 is now available in Cursor.  —  It's a substantial improvement in intelligence and behavior over Composer 2.
Financial Times:
Sources: Anthropic agrees to brief the Financial Stability Board on global financial system vulnerabilities found by Mythos, after a request by the FSB's Chair  —  US tech group will discuss capabilities of its new AI model with members of the Financial Stability Board
Theo Baker / New York Times:
A college senior at Stanford describes how AI has changed classes: cheating using AI “has become omnipresent” with students “fudging just about everything”  —  At Stanford University, where I am a senior, tech chief executives are something like rock stars.
Carmen Arroyo / Bloomberg:
Internal chats: in March, xAI offered employees $420 in exchange for completed tax filings as training data for Grok, but the bonuses haven't been paid out  —  Elon Musk's xAI asked employees earlier this year to offer up their own tax returns as training data for the company's Grok chatbot …
More: The Next Web.  X: @mikeisaac and @thestalwart
Bluesky: @marypcbuk and @booktweeting.  Mastodon: @carnage4life@mas.to
Lauren Edmonds / Business Insider:
Eric Schmidt faced loud boos during his University of Arizona commencement speech while discussing “rational” fears over the impact of AI and automation on jobs  —  - Former Google CEO Eric Schmidt gave the University of Arizona's commencement address this year.
Yoolim Lee / Bloomberg:
Samsung's shares jumped as much as 6.7% after the company resumed talks with its union and a court partially granted an injunction against illegal union actions  —  Samsung Electronics Co.'s shares climbed more than 6% after its union signaled a willingness to negotiate and a local court granted …
John Markoff / New York Times:
Security researcher Peter G. Neumann, who criticized the industry's lax attitudes toward computer security and digital privacy, died on May 17 at the age of 93  —  For decades, he criticized the industry's lax attitudes toward both computer security and individual digital privacy.  And he developed solutions.
James Hunt / The Block:
Strategy acquired 24,869 bitcoin for ~$2.01B at an $80,985 average price from May 11 to May 17, taking its holdings to 843,738 BTC, or 4%+ of the total supply  —  Quick Take  — Strategy has purchased another 24,869 BTC for approximately $2.01 billion at an average price of $80,985 per bitcoin …
Alessandra Ram / Wired:
How the AI industry's intense pressure to keep up and its financial rewards are creating “walls of resentment” between Silicon Valley workers and their spouses  —  Are you married to a man who's obsessed with AI?  I'm so, so sorry.  —  If i had to listen to another minute …
Jackson Chen / Engadget:
X quietly limits users who didn't pay for verification to “50 original posts and 200 replies per day”, down from 2,400 posts per day  —  That's down from the previous 2,400 posts per day limit.  —  X has introduced some more incentive to get users to pay for “verification” …
Terrence O'Brien / The Verge:
Microsoft says it's retiring Teams' Together Mode, debuted in 2020, and plans to simplify meeting layouts and focus on video quality, stability, and performance  —  The company wants to focus on improving video quality and performance instead of gimmicks.
Wall Street Journal:
Sources: US authorities in recent months have issued multiple information requests to Kalshi and Polymarket, many tied to wagers on events in Iran and Venezuela

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From Mediagazer

Katie Kilkenny / The Hollywood Reporter:
Letter: movie theater trade organization Cinema United, which previously supported the AGs' lawsuit against Paramount's WBD deal, now favors settlement talks

Max Tani / Semafor:
Memo: MS NOW plans to launch a $7.99/month membership program for “super fans” on September 9, offering members-only content verticals, a 24/7 feed, and more

Charlotte Tobitt / Press Gazette:
The Spectator's sister monthly art magazine Apollo adds a £100 per year premium subscription tier with access to its full 101-year archive of 1,200+ issues

More News

Earlier Picks

Lauren Sherman / Puck:
Source: Shein is acquiring SF-based DTC clothing retailer Everlane, which was founded on sustainability and “radical transparency” principles, in a $100M deal
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