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May 22, 2026, 11:55 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 …
Washington Post:
Sources: last-minute calls with Elon Musk, Mark Zuckerberg, David Sacks, and others helped persuade President Trump not to sign the highly anticipated AI EO  —  Industry leaders warned in last-minute calls to the president that the proposed safety vetting system could inhibit development of the pivotal technology.
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  —  But during a conversation with Trump, Sacks told the president that companies were already cooperating, and that having …
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 …
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 …
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’
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” …
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.
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 …
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 …
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 …
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
Nikkei Asia:
How the global memory chip crunch, driven by AI demand, is hurting China's car industry, squeezing automakers already hit by a price war and razor-thin margins  —  HONG KONG — The global memory chip crunch has spilled over from PCs and smartphones to China's car industry …
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 …
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 …
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.
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.
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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This is a Techmeme archive page. It shows how the site appeared at 11:55 AM ET, May 22, 2026.

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From Mediagazer

Peter White / Deadline:
HBO Max received 122 Emmy nominations, Netflix landed 111, Disney received 111 overall, Apple scored 87, its most-ever, and Amazon landed 39 for Prime and MGM+

Michael Savage / The Guardian:
Prince Harry and six other prominent figures face an up to £50M legal bill after losing their phone-hacking case against Daily Mail owner Associated Newspapers

Peter Kafka / Business Insider:
Q&A with Joe Kahn about NYT's push into video amidst a “race against time” to compete with AI-generated slop and influencer-generated non-original journalism

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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