Techmeme
June 2, 2026, 9:55 AM

Top News

Financial Times:
Anthropic says it will extend Project Glasswing to organizations in 15+ countries, sources say giving Mythos access to Five Eyes, NATO, Samsung, SK, and others  —  About 150 organisations will be given advanced cyber security model following requests from around the world
Bloomberg:
Alphabet is raising $80B through equity offerings, including a $10B investment deal with Berkshire, to fund AI spending, in one of the largest equity deals ever  —  Google parent Alphabet Inc. is raising $80 billion in equity offerings, including an investment deal with Berkshire Hathaway Inc. …
The Economist:
SpaceX's, Anthropic's, and OpenAI's IPOs could add up to $4T in US stock market value within months, fueling concerns they could herald more capital raising  —  They promise to be the biggest stockmarket debuts ever.  On June 11th SpaceX reportedly hopes to raise $75bn from investors …
More: Axios and Financial Times
X: @quinnypig.  Bluesky: @jessefelder.com.  Mastodon: @nixCraft@mastodon.social.  Forums: Hacker News and r/Finanzen
Mike Isaac / New York Times:
Arriana McLymore / Reuters:
Amazon schedules Prime Day for June 23 to June 26, shifting the four-day sales event from July to avoid the end of the FIFA World Cup and US Independence Day  —  Amazon.com (AMZN.O) will host its annual Prime Day sales event from June 23 to June 26 after launching the event in July for the past five years …
Jason Koebler / 404 Media:
Hackers say they used Meta's AI support chatbot to change emails tied to Instagram accounts, amid a wave of high-profile account takeovers; Meta fixed the issue  —  The exploit shows the extreme risk of offloading technical support to AI.  —  Hackers say that they used Meta's AI support chatbot …
More: Krebs on Security, Ars Technica, The Verge, Metacurity, 9to5Mac, 0xsid.com, TechCrunch, Macworld, Fortune, Sandra Rose, The Verge, BBC, Task & Purpose, MacRumors, Simon Willison's Weblog, TMZ.com, PhoneArena, PCMag, Metro.co.uk, Android Authority, The Indian Express, Digital Trends, SecurityWeek, The Rundown AI, Digit, Tech Times, Livemint, The Hans India, Cyber Security News, KTLA, Social Media Today, Gizmodo, Ace of Spades HQ, TechRadar, Futurism, iPhone in Canada, TotalProSports, and GBHackers Security
Kyle Orland / Ars Technica:
GitHub Copilot's new pricing model takes effect; many users report sticker shock, with some saying a few hours of AI usage eats big chunks of their monthly caps  —  In April, GitHub announced that it was moving subscribers from request-based billing to a usage-based model for its AI-powered Copilot service.
Rohan Prabhu / Step Security Blog:
Researchers find packages in the @redhat-cloud-services npm namespace shipped malware that harvests credentials for GitHub Actions, AWS, GCP, Azure, and others  —  Several packages in the @redhat-cloud-services npm scope were found to carry malicious payloads that fire via a preinstall hook on every npm install.
Brody Ford / Bloomberg:
HPE reports Q2 revenue up 40% YoY to $10.7B, above $9.74B est., Server revenue up 33% YoY, and forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+  —  Hewlett Packard Enterprise Co. shares soared in extended trading after the company gave an outlook for annual sales that topped estimates …
Bloomberg:
A profile of Valve, which PrivCo estimates generated $5.2B in revenue and $1.5B in net income in 2025, as lawsuits allege its Steam store abuses market power  —  Lawsuits in the US and the UK allege the company's Steam store is abusing its market power.  Valve disagrees.
Wired:
Sources: after Trump nixed an AI EO on May 21, US officials are navigating internal strife and chaotic talks; early model access was the most contentious issue  —  Donald Trump killed an executive order to regulate AI.  Now, administration officials and AI executives are trying to figure …
CNBC:
An interview with Sam Altman on OpenAI's massive Stargate data center project in Saline, Michigan, coding models being the biggest driver of AI demand, and more  —  Following is the unofficial transcript of a CNBC exclusive interview with OpenAI CEO Sam Altman on CNBC's “Power Lunch” (M-F, 2PM-3PM ET) today, Monday, June 1.
Andrew Martin / Bloomberg:
Analysis: Palo Alto Networks shareholders have voted to reject pay packages for top executives seven times since 2015, more than any other S&P 500 company  —  A majority of Palo Alto Networks investors have voted against the cybersecurity company's executive pay seven times in 11 years.
Stephen Foley / Financial Times:
AI will significantly disrupt IT consultancies as AI labs build advisory arms and executives expect more projects priced based on outcome instead of by the hour  —  Accenture made a fortune from previous tech revolutions but investors think AI could kill it, not make it stronger.
Nectar Gan / Bloomberg:
China adds data and algorithms to its trade secret rules, as part of Beijing's efforts to prevent tech leaks amid intensifying strategic competition with the US  —  China expanded its trade secret rules to include data and algorithms, as Beijing steps up efforts to prevent technology leaks …

Sponsor Posts

Command Line:
Copilot to autopilot: Why no single safeguard is enough  —  Microsoft designed a layered model that lets an AI agent resolve network incidents on its own within defined boundaries.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
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