Techmeme
May 26, 2026, 5:20 PM

Top News

Jonathan Vanian / CNBC:
Dropbox founder Drew Houston is stepping down as CEO after 19 years to become executive chairman, replaced by Ashraf Alkarmi, who is SVP and GM of Dropbox Core  —  Drew Houston founded Dropbox nearly two decades ago out at age 24, eventually becoming a household name in Silicon Valley …
Bloomberg:
Sources: Chinese government agencies begin imposing overseas travel restrictions on individuals involved in advanced AI work, including at Alibaba and DeepSeek  —  China is restricting overseas travel for top AI professionals in private firms such as Alibaba Group Holding Ltd. and DeepSeek …
Samantha Subin / CNBC:
Micron hit a $1T market value for the first time on Tuesday as shares jumped 19%, driven by demand for its memory chips in the AI race  —  Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 19%, driven by insatiable artificial intelligence demand for its memory chips.
Leslie Josephs / CNBC:
American Airlines picks SpaceX's Starlink for in-flight Wi-Fi on more than 500 planes; SpaceX already has contracts with United Airlines, Southwest, and others  —  American Airlines plans to outfit more than 500 of its narrow-body aircraft with Starlink, handing another win to Elon Musk's SpaceX unit …
Pieter Haeck / Politico:
The Dutch government blocks the acquisition of authentication IT supplier Solvinity by US-based Kyndryl, citing “a possible risk to the public interest”  —  BRUSSELS — The Dutch government is blocking a United States-based company's attempts to acquire a key online identification IT supplier.
David Jeans / Reuters:
Sources: SpaceX successfully lobbied the Pentagon to pay more for use of Starlink on LUCAS kamikaze drones amid increasing tensions over Starlink's pricing  —  As U.S. kamikaze drones guided by Elon Musk's Starlink network began to make visible gains in the war against Iran …
Julie Bort / TechCrunch:
Atlanta-based e-commerce logistics company Stord raised a $250M Series F led by Strike at a $3B valuation, up from $1.5B after a $200M Series E in May 2025  —  E-commerce logistics company Stord has raised a $250 million round at a $3 billion valuation, it announced Tuesday.
Mauro Orru / Wall Street Journal:
Max Buondonno / The Shortcut:
Google Fitbit Air review: slim, comfortable, and stylish, robust tracking, seven-day battery life, and cheaper than Whoop, but can only be worn on the wrist  —  🏆 Rating: 4/5  —  ✅ Pros  — 📐 Slim design that fades into the background  — ⌚️ Comfortable and stylish band options
Michael J. de la Merced / New York Times:
OpenRouter raised $113M led by CapitalG, a source says at a $1.3B valuation, and now processes 25T tokens across 400+ models weekly, up from 5T six months ago  —  An investment arm of Alphabet is backing OpenRouter, which helps companies choose among hundreds of models for different software tasks.
Linda Lew / Bloomberg:
Pony AI reports Q1 revenue up 145% YoY to ~$34.3M, above $21.7M est., and increases its 2026 robotaxi fleet target by 500 to 3,500 vehicles on fast growth  —  Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue.
Tom Warren / The Verge:
Nvidia officially retires its GeForce Control Panel app after 20 years, following the porting of all of its major features to the Nvidia app  —  Nvidia has now ported across all of the major Control Panel features to its Nvidia app. … Nvidia announced more than two years ago that it was working …

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