Techmeme
May 28, 2026, 8:05 AM

Top News

ABC News:
US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make ~$1.2M via Polymarket bets on Google's Year in Search 2025 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 …
Sean Hollister / The Verge:
The Steam Deck's huge price hike, from $399 in 2022 to $789 today, is the end of an era for gaming handhelds, coming amid RAMageddon, tariffs, and the Iran war  —  The Steam Deck's huge price hike is the end of an era for gaming handhelds. … For a few glorious years …
Jay Peters / The Verge:
Valve hikes the Steam Deck OLED's prices due to “rising memory and storage costs”: from $549 to $789 for the 512GB model and from $649 to $949 for the 1TB model  —  The 1TB OLED model got a $300 price increase, and now costs $949. … Valve has significantly increased the price …
Mariella Moon / Engadget:
Last.fm says it is now an independent company again, 19 years after being acquired by CBS, and plans to keep its current team and continue the service as normal  —  Don't worry: It will keep your profiles and scrobbles.  —  Last.fm is an independent company again, it has announced on its forum …
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 very well-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
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.
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.
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.
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.
Choi Yeon-jae / The Korea Herald:
Samsung's Securities, SDS, and Card units jointly acquire a 4% stake in Dunamu, which runs South Korea's largest crypto exchange, in a ~$446M all-cash deal  —  Samsung Securities, Samsung SDS and Samsung Card said Thursday they will jointly acquire a 4 percent stake in Dunamu …
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.
Lauren Goode / Wired:
AWS is rolling out Resilient Network Graphs, a “quasi-random” networking architecture that uses a flat mesh design, and says it accelerates information flows  —  The tech giant says a breakthrough in data-center networking has dramatically accelerated the flow of information through its massive cloud infrastructure.
Foo Yun Chee / Reuters:
The European Commission fines Temu €200M under the DSA for allegedly failing to adequately stop the sale of illegal products; further penalties could follow  —  Chinese online retailer Temu has been fined €200 million ($232 million) on Thursday for not doing enough to stop the sale …

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Jordan Novet / CNBC: