| Ashley Gold / Axios: |
The White House postpones a planned Thursday ceremony for Trump to sign a new EO on AI and cybersecurity; Trump says “I didn't like certain aspects of it” — The White House has cancelled its planned ceremony for President Trump to sign a new executive order on AI and cybersecurity, per a note seen by Axios.| Axios: |
Sources: Trump delayed signing the AI EO because “he just hates regulation”; he spoke with Mark Zuckerberg, Elon Musk, and David Sacks just prior to the delay — Everything seemed set for a photo op of tech and AI CEOs who would surround President Trump Thursday as he signed … | Sri Muppidi / The Information: |
Sources: OpenAI generated ~$5.7B in revenue in Q1, ~$1B more than Anthropic; its adjusted operating income margin was -122%, and ChatGPT user growth stalled — OpenAI generated about $5.7 billion in revenue in the first quarter, nearly $1 billion more than archrival Anthropic generated in the same period … | Wall Street Journal: |
The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package — Trump administration hopes to spur ‘a new era of American innovation,’ Commerce's Lutnick says — WASHINGTON—The Trump administration … | Chloe Taylor / CNBC: |
| Samantha Subin / CNBC: |
Spotify closes up 13% after announcing new features and 2030 guidance, forecasting a compound annual growth rate in the mid-teens and gross margins of 35%-40% — Spotify shares jumped 15% on Thursday after the music streaming platform laid out guidance for 2030 and reached an artificial intelligence deal … | Ethan Millman / The Hollywood Reporter: |
Spotify partners with Live Nation to launch Reserved, a new feature that sets aside tickets for the most dedicated fans, starting with Premium users in the US — The streaming service will use streams and shares to determine an artist's most dedicated fans and set aside pairs of tickets … | Ivan Mehta / TechCrunch: |
| Jem Aswad / Variety: |
| 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 … | Brody Ford / Bloomberg: |
Zoom reports Q1 revenue up 5.5% YoY to $1.24B, vs. $1.22B est., AI Companion paid users up 184%, forecasts FY 2027 revenue above est.; ZM jumps 8%+ after hours — Zoom Communications Inc. projected stronger-than-anticipated sales growth, suggesting that customers are adopting its expanded suite of office products.| Zaheer Kachwala / Reuters: |
Take-Two reports Q4 bookings flat YoY at $1.58B, forecasts FY 2027 bookings below est., reiterates GTA VI's November 19 launch date; TTWO jumps 6%+ after hours — Take-Two Interactive (TTWO.O) forecast annual bookings below Wall Street expectations on Thursday, but reiterated … | Jordan Novet / CNBC: |
Workday reports Q1 revenue up 13% YoY to $2.54B vs. $2.52B est., and lifts its full-year forecast, saying its AI strategy is working; WDAY jumps 9%+ after hours — Workday shares surged as much as 14% in extended trading on Thursday after the finance and human resources software maker reported results … | 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 — Adobe, Canva, and CapCut all plan to connect to Gemini in the near future. Each aims to bring their editing capabilities directly to where people are making creative decisions with AI.| Cecilia Kang / New York Times: |
Gavin Newsom signs an EO mandating state agencies work with the AI industry and others to study subsidies for companies that don't replace workers with AI — Gov. Gavin Newsom issued an executive order to explore an overhaul of labor policies to deal with potential mass job displacement from artificial intelligence.| Wired: |
Socket: TeamPCP, the gang claiming GitHub's repositories breach, also executed 20 “waves” of supply chain attacks recently, compromising 500+ pieces of software — GitHub is just the latest victim of TeamPCP, a gang that has carried out a spree of software supply chain attacks that has impacted hundreds of organizations.| Sergiu Gatlan / BleepingComputer: |
| Ryan Autullo / Bloomberg Law: |
Texas AG Ken Paxton sues Meta, accusing WhatsApp of marketing its services as secure but failing to “deliver on those promises” by accessing encrypted messages — WhatsApp is able to access user's encrypted messages, Texas said in a lawsuit that accuses Meta founder Mark Zuckerberg … | Reuters: |
Waymo suspends freeway rides and pauses its Atlanta operations, as it updates software to improve performance around construction zones and flooded roadways — Alphabet's (GOOGL.O) Waymo said on Thursday it has suspended its robotaxi service on freeways in the United States and paused … | Robert Booth / The Guardian: |
London Mayor Sadiq Khan blocks the Met police's £50M Palantir deal to automate intelligence analysis, citing a “clear and serious breach” of procurement rules — Exclusive: Scotland Yard criticises London mayor's decision as disappointing and warns it could hit policing| Erin Mulvaney / Wall Street Journal: |
Meta joins TikTok, Snap, and YouTube in settling with a Kentucky school district to avoid a trial over claims the platforms were designed to addict kids — Meta, TikTok, Snap and YouTube reached deal to avoid first of more than 1,200 consolidated lawsuits by school districts| Logan Hitchcock / Decrypt: |
Crypto exchange Blockchain.com confidentially files for a US IPO; the UK-based company founded in 2011 was once valued at $14B — Long-running crypto exchange Blockchain.com has confidentially filed to take its business public via the U.S. markets. — In brief| Waylon Cunningham / Reuters: |
Sources: Starbucks shut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items — Starbucks (SBUX.O) terminated an AI program workers used for automating certain inventory counts this week … | Mark Gurman / Bloomberg: |
Source: smart ring maker Oura filed confidentially for a US IPO, set for later in 2026; SF- and Finland-based Oura had an $11B valuation in September 2025 — Smart Ring Maker Oura Files Confidentially for IPO — Video Player is loading. — Unmute — Current Time 0:00 Loaded: 0.00% Playback Rate| Ashley Carman / Bloomberg: |
ElevenLabs, which aims to build an all-in-one AI voice app, licensed 200K human-voiced audiobooks from major publishers, available in ElevenReader for $11/mo. — ElevenLabs is taking on Spotify and Audible in a looming battle over becoming the go-to platform for audiobooks — Welcome back to Soundbite.
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