Techmeme
May 22, 2026, 3:20 PM

Top News

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: Trump postponed AI EO signing after talking to David Sacks and others, and told staff the EO is not moving forward after calls with Musk and Zuckerberg  —  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 …
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.
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 …
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.
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 …
Lulu Yilun Chen / Bloomberg:
Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization  —  DeepSeek's senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup …
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’
Abner Li / 9to5Google:
Google rolls out a Google Wallet redesign, including “dynamic quick access” for favourites, a “View more” floating action button, and more  —  At I/O 2026, Google Wallet quietly announced and completed its big Android redesign.  There are also new features for Google Pay …
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 …
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” …
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 …
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 …
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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More News

Wired:
Reuters:
James Peckham / PCMag:

Earlier Picks

Zaheer Kachwala / Reuters:
Ryan Autullo / Bloomberg Law:
Ivan Mehta / TechCrunch:
Mark Tyson / Tom's Hardware: