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May 28, 2026, 6:45 AM

Top News

ABC News:
US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results  —  Michele Spagnuolo allegedly placed bets on what users were searching for.  —  In this Dec. 19, 2023, file photo …
Sarah Perez / TechCrunch:
Meta rolls out Plus plans for Instagram, Facebook, and WhatsApp globally, and tests $7.99/month and $19.99/month Meta AI plans, and a $49.99/month creator plan  —  Meta is doubling down on its subscription offerings.  On Wednesday, the social networking giant announced it's now rolling …
Garrett Downs / CNBC:
The US DOD announces a $9.7B, five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military  —  The Department of Defense on Wednesday announced a five-year, roughly $9.7 billion deal with Dell to provide a suite of software to the U.S. military.
Simon Willison / Simon Willison's Weblog:
Anthropic and OpenAI seem to have finally found product-market fit with coding agents, which are quickly becoming daily drivers for highly paid professionals  —  Anthropic are strongly rumored to be about to have their first profitable quarter.  Stories are circulating of companies surprised …
More: Axios and Business Insider
X: @simonw and @capitaltruist.  Bluesky: @carnage4life.  Mastodon: @assaf@mas.to
Jonathan Vanian / CNBC:
Brian Danga / The Block:
SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app  —  Quick Take  — SoFi said its U.S. dollar-pegged stablecoin is now available for members to buy, sell, hold, and convert within the SoFi app.
Jay Peters / The Verge:
Valve raises Steam Deck OLED prices due to “rising memory and storage costs”; the 512GB model is now $789, up from $549, and the 1TB model is $949, up from $649  —  The 1TB OLED model got a $300 price increase, and now costs $949. … Valve has significantly increased the price …
Jared Perlo / NBC News:
Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk  —  The measure, SB 315, goes beyond legislation from California and New York regulating America's largest AI companies.
Jesse Hamilton / CoinDesk:
The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case  —  The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.
CNBC:
Snowflake reports Q1 revenue up 33% YoY to $1.39B, above $1.32B est., and commits to spending $6B on AWS over the next five years; SNOW jumps 35%+ pre-market  —  Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use …
Chloe Taylor / CNBC:
The UK's GCHQ head says the UK and allies have a “narrowing window” to counter cyber threats from China and Russia, as Russia intensifies “daily” hybrid warfare  —  Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Wall Street Journal:
As Google plans to build a $15B AI data center hub in India's Visakhapatnam, locals and rights groups are raising concerns over “extremely high” water stress  —  Developing-world nations are offering billions of dollars in incentives for U.S. data centers, but locals say the cost is too high
Svea Herbst-Bayliss / Reuters:
Chip design software maker Synopsys reaches a deal with Elliott, giving one board seat to the activist investor's Jesse Cohn, after roughly two months of talks  —  Chip design software maker Synopsys (SNPS.O) has reached an agreement with activist investor Elliott Investment Management …
More: Bloomberg

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Jordan Novet / CNBC:
Todd Spangler / Variety:
Reuters:
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Todd Spangler / Variety: