| Sarah Perez / TechCrunch: |
Meta rolls out Plus plans for Instagram, Facebook, and WhatsApp globally, will test $7.99/mo. and $19.99/mo. Meta AI plans, a $49.99/mo. creator plan, and more — Meta is doubling down on its subscription offerings. On Wednesday, the social networking giant announced it's now rolling … | ABC News: |
US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results — Michele Spagnuolo allegedly placed bets on what users were searching for. — In this Dec. 19, 2023, file photo … | Garrett Downs / CNBC: |
The US DOD announces a $9.7B five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military — The Department of Defense on Wednesday announced a five-year, roughly $9.7 billion deal with Dell to provide a suite of software to the U.S. military.| Mariella Moon / Engadget: |
Last.fm announces it is an independent company again, 19 years after being acquired by CBS; it plans to keep its current team and continue the service as normal — Don't worry: It will keep your profiles and scrobbles. — Last.fm is an independent company again, it has announced on its forum … | Brian Danga / The Block: |
SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app — Quick Take — SoFi said its U.S. dollar-pegged stablecoin is now available for members to buy, sell, hold, and convert within the SoFi app.| Jay Peters / The Verge: |
Valve raises Steam Deck OLED prices due to “rising memory and storage costs”; the 512GB model is now $789, up from $549, and the 1TB model is $949, up from $649 — The 1TB OLED model got a $300 price increase, and now costs $949. … Valve has significantly increased the price … | Jared Perlo / NBC News: |
Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk — The measure, SB 315, goes beyond legislation from California and New York regulating America's largest AI companies.| CNBC: |
Snowflake reports Q1 revenue up 33% YoY to $1.39B, vs. $1.32B est., and commits to spending $6B on AWS over five years; SNOW jumps 35%+ after hours — Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use … | Financial Times: |
Sources: Uber has increased its stake in Delivery Hero to ~37% by acquiring Aspex Management's 14.6% share at a €12B valuation, after a takeover offer last week — Share purchase from Aspex Management steps up US ride-hailing group's pursuit of German food delivery company| Hannah Erin Lang / Wall Street Journal: |
Robinhood launches a feature that lets users connect AI agents to a dedicated account and virtual Gold Card to automate stock trades and credit card purchases — New feature links artificial-intelligence tools to investment and credit-card accounts — AI agents were already dispensing advice … | Chloe Taylor / CNBC: |
The UK's GCHQ head says the UK and allies have a “narrowing window” to counter cyber threats from China and Russia, as Russia intensifies “daily” hybrid warfare — Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.| Michael Kan / PCMag: |
Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger — Amazon has revealed that it's taking over Apple's 20% stake in Globalstar as part of its $11.6 billion acquisition of the satellite communications provider.| Jordan Novet / CNBC: |
Salesforce reports Q1 revenue up 13% YoY to $11.13B, vs. $11.05B est., Agentforce annual recurring revenue up 205% to $1.2B, and forecasts Q2 revenue below est. — Salesforce reported stronger-than-expected quarterly results on Wednesday, but the cloud software vendor issued full-year guidance … | Dina Bass / Bloomberg: |
HP reports Q2 revenue up 9% YoY to $14.4B, vs. $14B est., Personal Systems revenue up 13% to $10.2B, and forecasts Q3 adjusted EPS above estimates — HP Inc. gave a profit forecast for the current quarter that signaled the company continues to contend with a dramatic increase in memory chip prices.| Patience Haggin / Wall Street Journal: |
Trade Desk's market cap fell ~70% from a December 2024 peak as it contends with frustrated agency partners, competition from Google, and a new entrant, Amazon — The company lost about 70% of its value as Amazon gained ground and relationships with top ad agencies soured| Financial Times: |
Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals — World's highest-grossing law firm plans to put the ‘collective intelligence’ of its lawyers into a tech platform| Jyoti Mann / The Information: |
Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools — Meta Platforms plans to place engineers and product managers inside large corporate customers as part of a new unit … | Reuters: |
Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies — Global companies are using AI at their Indian hubs to bring more creative work in-house, cutting turnaround time and their reliance … | Bloomberg: |
Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India — Swiggy Ltd., one of India's top quick commerce firms, plans to restrain spending and focus on profitability while deeper-pocketed rivals Flipkart … | Aileen Chuang / Bloomberg: |
Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity — Taiwanese tech firms have completed a record $14.5 billion of debt deals so far this year, as they race to secure financing … | Bloomberg: |
Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise — The global AI investment boom is powering a new wave of Chinese exports and making Beijing more comfortable with a stronger yuan.| Coco Feng / South China Morning Post: |
Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B and Kling AI revenue up 300%+ YoY to ~$96M; Kling reached a ~$500M annualized revenue run rate in March 2026 — AI unit has annual recurring revenue run rate of roughly US$500 million, Kuaishou says — Chinese short-video company Kuaishou … | Jonathan Vanian / CNBC: |
Mark Zuckerberg tells shareholders that a Meta cloud computing business is “definitely on the table” if it overspends on data centers and has excess capacity — Meta CEO Mark Zuckerberg said his company could enter the cloud computing market if it overspends on data centers and ends up with excess capacity.| Alex Weprin / The Hollywood Reporter: |
Roku launches its first major homescreen overhaul in over a decade, including a large “marquee” ad spot to tout apps or shows, in a bid to drive more engagement — Don't worry, Roku City isn't going anywhere. In fact, it's going interactive. But there will be more personalization, and a more prominent ad unit too.| Reuters: |
OpenAI Foundation says it is committing an initial $250M for grants, partnerships, and direct work aimed at helping workers and economies navigate AI disruption — The non-profit that controls OpenAI will commit an initial $250 million for grants, partnerships and direct work aimed … | Todd Spangler / Variety: |
YouTube makes its AI content labels more prominent on desktop and mobile, and will apply them automatically if it detects “significant photorealistic AI use” — Is that YouTube video clip you're watching real or was it made with AI? — YouTube wants to make it easier for viewers … | Jesse Hamilton / CoinDesk: |
The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case — The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.
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Meet the all-new Zia: Your AI-powered HR for smarter work — HR is evolving. It's no longer just about managing processes like hiring, attendance, payroll, and performance. Today, it's about delivering better …
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| Todd Spangler / Variety: |
| Dan Goodin / Ars Technica: |
| Rebecca Torrence / Bloomberg: |
| Ivan Mehta / TechCrunch: |
| Annie Palmer / CNBC: |
| Ina Fried / Axios: |
| Michael Nuñez / VentureBeat: |