Techmeme
May 22, 2026, 5:25 PM

Top News

Axios:
Sources: Trump delayed signing the AI EO because “he just hates regulation”; there were questions about the EO giving the Treasury Department a leading role  —  Everything seemed set for a photo op of tech and AI CEOs who would surround President Trump Thursday as he signed …
Washington Post:
Sources: Trump postponed AI EO signing after talking to David Sacks and others, and told staff the EO is not moving forward after calls with Musk and Zuckerberg  —  Industry leaders warned in last-minute calls to the president that the proposed safety vetting system could inhibit development of the pivotal technology.
Politico:
Jonathan Vanian / CNBC:
Reddit stock fell 5%+ on Friday after Meta launched a standalone app for online forums, called Forum; Reddit's stock is now down almost 40% this year  —  Reddit shares fell about 6% on Friday on concern that a new app from Meta called Forum could create an alternative avenue for internet users …
Mariella Moon / Engadget:
Meta releases Forum, a Reddit-like standalone app for Facebook Groups, with a feed showing Group conversations and an AI-powered “Ask” feature, on iOS  —  It's a new dedicated app for Facebook Groups.  —  Meta has launched a new app called Forum without fanfare or even an official announcement.
Sergiu Gatlan / BleepingComputer:
US and Canadian authorities arrest 23-year-old Jacob Butler, known online as “Dort”, for allegedly operating the Kimwolf DDoS botnet, which infected ~2M devices  —  U.S. and Canadian authorities arrested and charged a Canadian man with operating the KimWolf distributed denial-of-service …
Chloe Taylor / CNBC:
Shares of quantum computing companies surged Thursday after the US government announced grants with equity stakes: D-Wave closed up 33%, Rigetti 30%, IBM 12%  —  Quantum computing shares popped on Thursday, as the U.S. government said it would award $2 billion in grants to nine firms operating in the space.
Jay Peters / The Verge:
Google's AI Overviews are failing to provide search summaries for specific command-style terms including “disregard”, “ignore”, and “skip”  —  With certain terms, AI Overviews are drawing a blank. … Google's AI Overviews are running into an interesting problem right now.
Scott Patterson / Bloomberg:
Sources: the SEC has delayed the release of a plan for an “innovation exemption” that would allow crypto firms to trade tokenized versions of US stocks  —  The Securities and Exchange Commission is delaying a plan to provide broad exemptions for US crypto firms to trade tokenized assets linked …
Lulu Yilun Chen / Bloomberg:
Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization  —  DeepSeek's senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup …
Wall Street Journal:
Internal Binance reports and sources reveal Iran moved billions through Binance to fund entities like the IRGC, with some transactions as recent as this month  —  Transactions on world's largest crypto exchange took place despite repeated red flags; Binance says it has ‘zero-tolerance for illicit activity’
Jason Schreier / Bloomberg:
Sources: Sony's Bungie plans significant layoffs as it ends development on its online game Destiny 2 with no new projects lined up; Destiny 2 launched in 2017  —  The Sony subsidiary will focus on ‘Marathon’ rather than jumping directly to ‘Destiny 3’  —  Sony Group Corp.'s Bungie unit …
Katie Tarasov / CNBC:
Qualcomm stock closed up 11.6% on Friday and is now up 75% in the past month, as the company increasingly becomes a key player in AI devices  —  Qualcomm shares surged 12% on Friday and are now up 75% in the past month, as the chipmaker's increasingly central position in the physical AI boom becomes more apparent to Wall Street.
Nikkei Asia:
How the global memory chip crunch, driven by AI demand, is hurting China's car industry, squeezing automakers already hit by a price war and razor-thin margins  —  HONG KONG — The global memory chip crunch has spilled over from PCs and smartphones to China's car industry …

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Earlier Picks

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Reuters:
James Peckham / PCMag:
Samantha Subin / CNBC:
Ivan Mehta / TechCrunch:
Mark Tyson / Tom's Hardware: