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May 22, 2026, 11:15 AM
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Chloe Taylor / CNBC:
Shares of quantum computing companies surged Thursday after the US government announced grants with equity stakes: D-Wave closed up 33%, Rigetti 30%, IBM 12%  —  Quantum computing shares popped on Thursday, as the U.S. government said it would award $2 billion in grants to nine firms operating in the space.
Axios:
Sources: Trump delayed signing the AI EO because “he just hates regulation”; there were questions about the EO giving the Treasury Department a leading role  —  Everything seemed set for a photo op of tech and AI CEOs who would surround President Trump Thursday as he signed …
Politico:
Sources: David Sacks told President Trump that federal reviews of AI models before release would slow down innovation and hurt the US in its AI race with China
Jason Schreier / Bloomberg:
Sources: Sony's Bungie plans significant layoffs as it ends development on its online game Destiny 2 with no new projects lined up; Destiny 2 launched in 2017  —  The Sony subsidiary will focus on ‘Marathon’ rather than jumping directly to ‘Destiny 3’  —  Sony Group Corp.'s Bungie unit …
Sergiu Gatlan / BleepingComputer:
US and Canadian authorities arrest 23-year-old Jacob Butler, known online as “Dort”, for allegedly operating the Kimwolf DDoS botnet, which infected ~2M devices  —  U.S. and Canadian authorities arrested and charged a Canadian man with operating the KimWolf distributed denial-of-service …
Wall Street Journal:
Internal Binance reports and sources reveal Iran moved billions through Binance to fund entities like the IRGC, with some transactions as recent as this month  —  Transactions on world's largest crypto exchange took place despite repeated red flags; Binance says it has ‘zero-tolerance for illicit activity’
Samantha Subin / CNBC:
Spotify closed up 13% on Thursday after announcing new features and 2030 guidance, forecasting a compound annual growth rate in the mid-teens  —  Spotify shares jumped 15% on Thursday after the music streaming platform laid out guidance for 2030 and reached an artificial intelligence deal …
Zaheer Kachwala / Reuters:
Take-Two reports Q4 bookings flat YoY at $1.58B, forecasts FY 2027 bookings below est., reiterates GTA VI's November 19 launch date  —  Take-Two Interactive (TTWO.O) forecast annual bookings below Wall Street expectations on Thursday, but reiterated the November 19 launch date for the highly awaited …
Mariella Moon / Engadget:
Meta releases Forum, a Reddit-like standalone app for Facebook Groups, with a feed showing Group conversations and an AI-powered “Ask” feature, on iOS  —  It's a new dedicated app for Facebook Groups.  —  Meta has launched a new app called Forum without fanfare or even an official announcement.
Sri Muppidi / The Information:
Sources: OpenAI generated ~$5.7B in revenue in Q1, ~$1B more than Anthropic; its adjusted operating income margin was -122%, and ChatGPT user growth stalled  —  OpenAI generated about $5.7 billion in revenue in the first quarter, nearly $1 billion more than archrival Anthropic generated in the same period …
Justin Papp / CNBC:
Republican House Oversight Committee Chairman James Comer says he requested information from Kalshi and Polymarket on their efforts to prevent insider trading  —  Rep. James Comer, R-Ky., chair of the House Oversight and Government Reform Committee, announced Friday on CNBC's “Squawk Box” …
Wired:
Socket: TeamPCP, the gang claiming GitHub's repositories breach, also executed 20 “waves” of supply chain attacks recently, compromising 500+ pieces of software  —  GitHub is just the latest victim of TeamPCP, a gang that has carried out a spree of software supply chain attacks that has impacted hundreds of organizations.
Ashley Stewart / Business Insider:
Sources and documents detail Satya Nadella's effort to revamp Microsoft's senior leadership, creating a startup-style operating model to compete in the AI race  —  CEO Satya Nadella just dismantled the senior leadership structure that has run Microsoft for decades.
More: Fortune
Brody Ford / Bloomberg:
Zoom reports Q1 revenue up 5.5% YoY to $1.24B, vs. $1.22B est., AI Companion paid users up 184%, forecasts FY 2027 revenue above est.; ZM jumps 15%+  —  Zoom Communications Inc. shares surged as much as 18% after the company projected stronger-than-anticipated sales growth and said that customers …
James Peckham / PCMag:
Adobe, Canva, and CapCut announce Gemini integrations to let users access the companies' image and video editing tools within the Gemini app  —  Adobe, Canva, and CapCut all plan to connect to Gemini in the near future.  Each aims to bring their editing capabilities directly to where people are making creative decisions with AI.
Ryan Lawler / Axios:
Farther Finance, which is building an AI-enabled wealth management platform for financial advisors, raised a $150M Series D at a $1B+ post-money valuation  —  Farther Finance, which is building an AI-enabled wealth management firm for financial advisors, raised $150 million in Series D funding led …
Cate Lawrence / Tech.eu:
Driverless car startup Bliq.ai says it has received approval for fully driverless road operations in Estonia, the first authorization of its kind in the EU  —  The authorisation is the first of its kind in the EU, allowing its remotely supervised autonomous vehicles to operate on public roads without a driver behind the wheel.
Reuters:
Waymo suspends freeway rides and pauses its Atlanta operations, as it updates software to improve performance around construction zones and flooded roadways  —  Alphabet's (GOOGL.O) Waymo said on Thursday it has suspended its robotaxi service on freeways in the United States and paused …
Karen Tian / South China Morning Post:
Zero2IPO Research: Chinese AI startups raised $16.2B in Q1 2026, up 185% YoY, led by top AI labs including Moonshot, Z.ai, and MiniMax  —  Funding for China's artificial-intelligence-related start-ups jumped nearly threefold year on year in the first quarter, as investors poured capital …

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From Mediagazer

Benjamin Mullin / New York Times:
Paramount completes its $110B acquisition of WBD, creating Skydance and putting David Ellison in control of Hollywood studios, streamers, and cable networks

Michael Schneider / Variety:
Amazon's Prime Video acquires exclusive global rights to the Primetime Emmys under a six-year deal from 2027; sources say Prime Video will pay ~$15M per year

Brian Stelter / CNN:
The White House barred Politico from Air Force One Monday; sources: other outlets declined to take Politico's seat, leaving no primary print pooler on the trip

More News

Ryan Autullo / Bloomberg Law:
Texas AG Ken Paxton sues Meta, accusing WhatsApp of marketing its services as secure but failing to “deliver on those promises” by accessing encrypted messages
Erin Mulvaney / Wall Street Journal:
Meta joins TikTok, Snap, and YouTube in settling with a Kentucky school district to avoid a trial over claims the platforms were designed to addict kids

Earlier Picks

Cecilia Kang / New York Times:
Gavin Newsom signs an EO mandating state agencies work with the AI industry and others to study subsidies for companies that don't replace workers with AI
Todd Spangler / Variety:
Apple plans to broadcast an MLS game on Saturday shot entirely on 15 iPhone 17 Pros, the first major live sports event to be captured using only smartphones
Ivan Mehta / TechCrunch:
Spotify Labs launches Studio, a NotebookLM-like desktop app to generate private, AI-powered podcasts, in research preview across 20+ markets
Mark Tyson / Tom's Hardware:
Flipper unveils the Flipper One, a pocketable open Arm Linux computer with similar performance to a Raspberry Pi 5, and welcomes feedback to get it market-ready
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