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June 2, 2026, 9:20 AM
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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:
Anthropic says it has confidentially filed for an IPO, which could happen as soon as this fall, joining OpenAI and SpaceX in preparing to go public in 2026  —  The artificial intelligence company, which is racing OpenAI to the stock market, has seen explosive growth over the last year thanks largely …
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, 9to5Mac, 0xsid.com, Fortune, TechCrunch, Macworld, The Verge, BBC, Task & Purpose, PhoneArena, MacRumors, Simon Willison's Weblog, TMZ.com, SecurityWeek, PCMag, Metro.co.uk, Android Authority, The Rundown AI, The Indian Express, Digit, Digital Trends, Tech Times, Cyber Security News, Livemint, The Hans India, KTLA, Social Media Today, Ace of Spades HQ, Gizmodo, TechRadar, Futurism, iPhone in Canada, Mashable, TotalProSports, and GBHackers Security
X: @darkwebinformer, @andymstone, @wongmjane, @oracles, @andymstone, @zachxbt, @quinnypig, @gergelyorosz, @doodlestein, @heaney555, @heaney555, @bryce, @binhonglee, @supbagholder, @jonoringer, @yacinemtb, @kornbuilds, @gergelyorosz, @devahaz, @suchenzang, @jason_koebler, @gergelyorosz, @gergelyorosz, @gergelyorosz, @gergelyorosz, @immasiddx, @bahrambiz, @weezerosint, @todayyearsold, @vitalikbuterin, @sentdefender, @cartidise, @lowleveltweets, @osinttechnical, and @darkrai
Bluesky: @goodlawproject.org, @rahaeli, @marygillis, @natanael, @lawprofblawg, @joshuafoust.com, @datnofact, @faineg, @golikehellmachine.com, @lizharvey, @404media.co, @joemenn, @lauren.rotatingsandwiches.com, @karlbode.com, @josephcox, @nslayton, and @nslayton.  Threads: @karissabe
Mastodon: @rmondello@hachyderm.io and @dangillmor@mastodon.social
Forums: Hacker News, r/theprimeagen, r/pwnhub, r/pcmasterrace, r/50501Movement, r/CyberNews, r/UnderReportedNews, r/antiai, r/cybersecurity, r/BetterOffline, r/InterstellarKinetics, r/technology, r/Instagram, Beehaw, Slashdot, and Ars OpenForum
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 …
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%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ pre-market  —  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.
NBC News:
Florida AG James Uthmeier sues OpenAI and Sam Altman, seeking to hold Altman personally liable for deceptive trade practices, negligence, and public nuisance  —  Florida's seeks to hold Sam Altman personally liable, accusing OpenAI of marketing ChatGPT as safe while concealing that it could drive users toward harm.
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.
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.
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 …
Max Cherney / Reuters:
Computex 2026: ARM CEO Rene Haas says Oracle and ByteDance are among the customers of Arm's new AGI CPUs for data centers  —  Chinese tech company ByteDance and U.S. data centre firm Oracle (ORCL.N) are among the customers of Arm's (O9Ty.F) AI data centre chips, the head of the chip designing firm said on Tuesday.

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From Mediagazer

Dominick Mastrangelo / The Hill:
Politico corrects a story to say Chief of Staff Susie Wiles had no direct role in setting up Katie Zacharia's Sean Hannity interview, after a White House threat

Associated Press:
A federal judge orders Trump to sit for a deposition in his defamation lawsuit against the BBC by December 11, or face sanctions up to dismissal of the lawsuit

Ruth Graham / New York Times:
Sources: Christianity Today lost 50%+ of its 79 staff to layoffs or resignations, amid complaints its new leadership is pushing back on independent journalism

More News

OpenAI:
OpenAI says it has not donated to any super PACs and does not have an employee-funded PAC, and that Greg Brockman's support for Leading the Future is “personal”
Simon Lock / TBIJ:
Wise confirms it is under investigation by Belgian prosecutors over suspicions its accounts were used for money laundering involving €500M in transactions

Earlier Picks

Michelle Ma / Bloomberg:
Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom
Sean Hollister / The Verge:
Microsoft unveils the Surface Laptop Ultra, featuring an Nvidia RTX Spark SoC, a 15" mini-LED touchscreen, and up to 128GB of unified memory, coming this fall
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