| Sergiu Gatlan / BleepingComputer: |
GitHub confirms ~3,800 internal repositories were breached after one of its employees installed a malicious VS Code extension; TeamPCP claims responsibility — GitHub has confirmed that roughly 3,800 internal repositories were breached after one of its employees installed a malicious VS Code extension.| Wall Street Journal: |
Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; the company plans to be ready to go public as early as September — The artificial-intelligence giant is working with bankers at Goldman Sachs and Morgan Stanley — ChatGPT-maker OpenAI has been working … | Katie Paul / Reuters: |
Internal memo: Mark Zuckerberg told employees that he does not expect more company-wide layoffs this year — Meta (META.O) CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters.| New York Times: |
Meta begins laying off 8,000 employees, or 10% of its staff, in a push to become an AI-first company; another 7,000 workers will be reassigned to AI initiatives — Employees have signed petitions against being tracked by A.I. and were trying to figure out who had been let go on Wednesday … | Reuters: |
Internal memo: Intuit is laying off ~17% of its workforce, or ~3,000 employees worldwide, to streamline operations and sharpen its focus on key bets, like AI — Intuit (INTU.O) is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus … | Jessica Conditt / Engadget: |
Google adds Street View integration to Project Genie, its interactive world builder, and expands Genie from the US to adult Google AI Ultra subscribers globally — Ground your snow-globe worlds in real-world locations from Google Maps. — Project Genie is rolling out today … | Jackson Chen / Engadget: |
| Tom Warren / The Verge: |
Internal memo: Xbox hires game industry analyst Matthew Ball as chief strategy officer, and names Scott Van Vliet, who led Azure AI infrastructure, as Xbox CTO — The second major Xbox leadership changes this month. … Microsoft has recruited game industry analyst Matthew Ball as Xbox chief strategy officer.| Reuters: |
Samsung Electronics and its South Korean labor union reach a preliminary pay deal; the union says it has suspended a general strike and put the deal to a vote — Samsung Electronics (005930.KS) and its South Korean labour union reached a preliminary pay deal on Wednesday … | Mariella Moon / Engadget: |
Kickstarter retracts its stricter rules on mature content after creator backlash, and says it adopted the tougher rules because of its payment processor Stripe — It explained that it created the new rules due to Stripe's policy. — Kickstarter has retracted the new set of rules around mature content … | Bloomberg: |
Exa, which offers a search engine that is designed for AI agents, raised $250M led by a16z at a $2.2B valuation, up from $700M in September 2025 — Exa Labs Inc., a San Francisco-based startup that wants to build a search engine tailor-made for the age of artificial intelligence … | Hugh Son / CNBC: |
Mercury, which provides banking services to startups, raised a $200M Series D led by TCV at a $5.2B valuation, up from $3.5B in March 2025 — Mercury, a fintech firm that provides banking services to startups, has raised $200 million in funding at a $5.2 billion valuation, CNBC has learned exclusively.| Lauren Feiner / The Verge: |
The Take It Down Act, a US law forcing social networks to remove nonconsensual intimate images within 48 hours of reporting or face fines, took effect on May 19 — The Take It Down Act is in full force, but it could be a gift to government censors — not victims of image-based sexual abuse.| Samantha Kelly / Bloomberg: |
An interview with Match Group CEO Spencer Rascoff about plans for Tinder, including a redesign, AI features, live events, and group dating to win over Gen Z — The dating app's turnaround bets on live events, group dating and an AI-heavy redesign. — At a pickleball venue near Santa Monica State beach … | The Register: |
Cloud provider Railway says Google Cloud suspended its account without cause, resulting in an outage; in 2024, GCP deleted an Australian pension fund's account — PaaS platform Railway says Google temporarily suspended its account on Wednesday without cause, inducing a major outage.| Jess Kinghorn / PC Gamer: |
Discord says voice and video calls outside of stage channels are now end-to-end encrypted by default, after launching its encryption protocol in September 2024 — “Likely one of the internet's most platform-diverse E2EE voice and video implementations.”| Ryan Christoffel / 9to5Mac: |
Apple says the App Store prevented over $2.2B in potentially fraudulent transactions in 2025, rejected over 2M problematic app submissions, and more — Ahead of Apple's annual developer conference next month, Apple has shared an update on how the App Store serves users and developers alike with numerous protections.| Brendan Bordelon / Politico: |
OpenAI's Chris Lehane says he is pursuing “reverse federalism”, lobbying blue states to pass AI safety laws and create a de facto US standard, as DC dithers — OpenAI's effort comes after nearly a year in which the tech lobby has pressured Congress to block states from passing AI laws … | Ivan Mehta / TechCrunch: |
Stability AI releases a new family of audio models called Stable Audio 3.0 that is trained on licensed data; the top model can generate six-minute songs — Stability AI, the company behind Stable Diffusion, is releasing a new family of audio models, called Stability Audio 3.0.| Julie Bort / TechCrunch: |
NanoClaw creator NanoCo raised a $12M seed led by Valley Capital and says it is booking enterprise customers; co-founders say they rejected a $20M buyout offer — NanoCo, the company behind security-focused OpenClaw alternative NanoClaw, has raised an oversubscribed $12 million seed round following … | Todd Bishop / GeekWire: |
S. “Soma” Somasegar, who led Microsoft's Developer Division for 12 years as part of his 27-year tenure at the company before leaving in 2015, has died at age 59 — S. “Soma” Somasegar, a fixture in the Seattle tech community who led Microsoft's Developer Division as part … | Bill Toulas / BleepingComputer: |
Threat actors published 600+ malicious versions to npm as part of the Shai-Hulud supply chain campaign; most of the affected packages are in the @antv ecosystem — Threat actors earlier today published more than 600 malicious packages to the Node Package Manager (npm) index as part of a new Shai-Hulud supply-chain campaign.| Luz Ding / Bloomberg: |
Alibaba's chipmaking unit T-Head unveils the Zhenwu M890 for AI training and inference, saying it is well-suited for agentic tasks, and plans annual upgrades — Alibaba Group Holding Ltd. added a new processor to its expanding AI technology stack, enhancing a push to cover every aspect of artificial intelligence development.| Financial Times: |
Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week — Beijing aims to support domestic players including Huawei and Cambricon as they catch up to US rivals| Jemima McEvoy / The Information: |
| Reuters: |
Ubisoft reports a record operating loss of $1.40B for the year to March and says sales in 2026-27 would fall by about 8% to 9%; UBI falls 6%+ — French videogame publisher Ubisoft warned on Wednesday of another year of losses and lower sales after a record annual operating loss, deepening pressure on the company as it restructures.| Financial Times: |
Sources: Nvidia's business development group, not its VC arm NVentures, has led much of its ~$90B dealmaking push across 145+ companies over the past 16 months — Nvidia's Huang bankrolls AI boom with $90bn deal spree| Wired: |
Hands-on with Google and Samsung's Android XR smart glasses, with Warby Parker and Gentle Monster frames, and with Xreal's Project Aura, all coming this fall — Here's your first look at smart glasses coming from Warby Parker and Gentle Monster, powered by Google and Samsung's XR platform.| Nan Ransohoff / Nan's Substack: |
An analysis based on OpenAI's and Anthropic's current valuations suggests ~$370B of philanthropic assets tied to the two AI companies could soon become liquid — AI is about to generate hundreds of billions in new philanthropic funding. We have a huge amount of work to do to make the most of it.| Alexander Martin / The Record: |
Sources: an attack exploiting a previously unknown vulnerability in Huawei router software caused a three-hour nationwide telecoms outage in Luxembourg in 2025 — An attack exploiting a previously unknown vulnerability in Huawei enterprise router software caused a nationwide telecoms outage … | Damisola Sulaiman / Sifted: |
London-based Primer, which helps e-commerce merchants connect and manage multiple payment providers, raised a $100M Series C led by Sofina — The London-based fintech is doubling down on AI in payments — London-based payments infrastructure provider Primer has raised $100m … | Reuters: |
Trump signs an EO calling on regulators and the Fed to review policies that could support fintech growth, including expanding fintech access to payment accounts — U.S. President Donald Trump signed an executive order on Tuesday calling on regulators and the Federal Reserve to review rules … | George Hammond / Financial Times: |
Q&A with Harvey CEO Winston Weinberg on launching the legal AI startup in 2022, how AI could shake up law firms' business models, legal AI competition, and more — The co-founder of the legal start-up talks about how AI could shake up law firms' business models and how he plans to stay ahead of rivals| Dylan Butts / CNBC: |
Singapore announces a National AI Partnership with Google and an MoU with OpenAI, which will set up an AI lab and commit $234M+ to the city-state's AI ecosystem — Singapore has inked separate agreements with Google and OpenAI to strengthen its position as a global artificial intelligence hub … | John Timmer / Ars Technica: |
Two research papers describe how Google's Co-Scientist and nonprofit FutureHouse's AI tools can succeed at drug retargeting by developing and testing hypotheses — Both tools generate hypotheses; one goes on to analyze some of the data. — On Tuesday, Nature released …
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