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May 22, 2026, 6:25 PM
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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:
Sources: David Sacks told President Trump that federal reviews of AI models before release would slow down innovation and hurt the US in its AI race with China
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 …
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.
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.
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’

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From Mediagazer

New York Times:
The US DOJ is probing whether ABC, CBS, CNN, NBC, and Fox News violated antitrust law by briefly suspending their White House pool coverage of President Trump

New York Times:
Trump says Katie Zacharia, a conservative commentator who briefly worked at DHS, will be the next White House press secretary, succeeding Karoline Leavitt

A.J. Katz / The Wrap:
ABC News republishes an Oct. 7 article about Trump's sons' links to government contracts with a correction and byline change to “ABC News”, after taking it down

More News

Justin Papp / CNBC:
Republican House Oversight Committee Chairman James Comer says he requested information from Kalshi and Polymarket on their efforts to prevent insider trading

Earlier Picks

Wired:
Socket: TeamPCP, the gang claiming GitHub's repositories breach, also executed 20 “waves” of supply chain attacks recently, compromising 500+ pieces of software
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
Reuters:
Waymo suspends freeway rides and pauses its Atlanta operations, as it updates software to improve performance around construction zones and flooded roadways
James Peckham / PCMag:
Adobe, Canva, and CapCut announce Gemini integrations to let users access the companies' image and video editing tools within the Gemini app
Samantha Subin / CNBC:
Spotify closed up 13% on Thursday after announcing new features and 2030 guidance, forecasting a compound annual growth rate in the mid-teens
Ivan Mehta / TechCrunch:
Spotify Labs launches Studio, a NotebookLM-like desktop app to generate private, AI-powered podcasts, in research preview across 20+ markets
Mark Tyson / Tom's Hardware:
Flipper unveils the Flipper One, a pocketable open Arm Linux computer with similar performance to a Raspberry Pi 5, and welcomes feedback to get it market-ready
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