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Delivery Hero says founder Niklas Östberg will step down as CEO by March 2027, as the German food delivery group faces mounting pressure from activist investors (Financial Times)

AI voice startup Vapi raised a $50M Series B led by Peak XV, a source says at a $500M post-money valuation, after Amazon chose Vapi to handle 100% of Ring calls (Jagmeet Singh/TechCrunch)

Sea reports Q1 revenue up 47% YoY to $7.1B and net income up 6% YoY to $428M, both above est., after warding off rivals in Southeast Asia's e-commerce market (Olivia Poh/Bloomberg)

Amazon launches Amazon Now, its 30-minute delivery service, in dozens of US cities including Atlanta, Dallas-Fort Worth, Philadelphia, and Seattle, after pilots (Sarah Perez/TechCrunch)

YouTube is shifting its creator monetization strategy by acting as a matchmaker between creators and sponsors, as Netflix and TikTok increasingly woo creators (John Koblin/New York Times)

JD.com reports Q1 revenue up 4.9% YoY to $46.5B, above ~$45.8B est., and adjusted net profit down 42% YoY to $1B, amid a fierce food delivery battle in China (Wall Street Journal)

EU Commission President Ursula von der Leyen says the EU will take action against "addictive design" features on TikTok and Instagram, like "endless scrolling" (Sawdah Bhaimiya/CNBC)

Sources: Anthropic officials refused a Chinese think tank's request to change its stance and give Beijing access to Mythos at a meeting in Singapore in April (New York Times)

eBay rejects GameStop's $56B takeover offer, saying the unsolicited bid is "neither credible nor attractive", in a letter from eBay Chairman Paul Pressler (Bloomberg)

Amp, which aims to buy excess computing capacity from data center operators to sell to startups, universities, and more, raised $1.3B from a16z and others (Cade Metz/New York Times)

Sources: Jensen Huang was not invited to travel with President Trump on his China trip, a potential setback to Nvidia; Huang expressed his willingness to join (Bloomberg)

Sources: the Trump administration is quietly debating whether to ban Chinese-made cellular modules, as the US FCC pushes measures to reduce Beijing's threats (Demetri Sevastopulo/Financial Times)

Human Rights Watch: at least six EU member states, including Bulgaria and Denmark, have sold surveillance tech to 24+ countries known for violating human rights (Ryan Gallagher/Bloomberg)

Source: Microsoft Israel's GM leaves after an internal probe into alleged unethical use of Azure by Israel's MOD; Microsoft France will manage Microsoft Israel (Assaf Gilead/Globes)

A Hollywood writer recounts working as an "AI trainer" for companies like Mercor, as AI gig work becomes the "new waiting tables" for entertainment workers (Ruth Fowler/Wired)

Instructure reaches a deal with hackers who breached its Canvas edtech platform to return stolen data and destroy copies, without saying what it gave in return (Qasim Nauman/New York Times)

Sources: some Amazon employees are using in-house OpenClaw-like tool MeshClaw for unnecessary tasks to inflate AI token use after Amazon set weekly AI targets (Financial Times)

The US House Oversight Committee launches a probe into potential conflicts in Sam Altman's personal investments; letter: several GOP AGs call for an SEC review (Wall Street Journal)

AppMagic: Grok downloads fell to ~8.3M in April, from a high of 20M+ in January; Recon Analytics: Grok's paid adoption in the US remains nearly flat YoY in Q2 (Georgia Wells/Wall Street Journal)

Source: new revenue sharing terms cap OpenAI's payments to Microsoft at $38B; they previously could have totaled $135B through 2030 if long-term goals were met (The Information)

The US Commerce Department removed from its website details about its May 5 agreement with Google, xAI, and Microsoft to test their AI models (Courtney Rozen/Reuters)

Q&A with Scott Wu, CEO of Cognition, which hit a $445M revenue run rate in its first 18 months, on his math competition roots, the Devin coding agent, and more (Jeremy Stern/Colossus)

Many npm packages for Mistral, UiPath, and TanStack's web developer tools like react-router were compromised, likely in the Mini Shai-Hulud supply chain attack (Socket)

GM plans to lay off IT workers in an effort to trim costs and bring in staff with skills in other tech areas; sources say the cuts will affect 500 to 600 staff (David Welch/Bloomberg)

OpenAI launches Daybreak, a cybersecurity initiative integrating AI models and Codex Security to help organizations patch vulnerabilities (Alexey Shabanov/TestingCatalog AI News)

Thinking Machines Lab details interaction models, which can think and respond in real time, letting users and AI interact continuously for better collaboration (Thinking Machines Lab)

Robinhood confidentially files for its second publicly traded venture fund, Robinhood Venture Fund II, focusing on early-stage and growth-stage startups (Lucinda Shen/Axios)

Digg relaunches as an aggregator of AI news and social media commentary, with plans to expand to other topics; its previous reboot shut down in March (Sarah Perez/TechCrunch)

GitLab announces layoffs, saying they are "not an AI optimization or cost cutting exercise", and plans to cut the number of countries it operates in (Sarah Frier/Bloomberg)

Musk v. Altman: Satya Nadella says Elon Musk never contacted him with concerns that Microsoft's investments in OpenAI violated any special terms or commitments (CNBC)

Musk v. Altman: Ilya Sutskever testifies that his OpenAI stake is worth ~$7B and he had concerns about Altman for a year before Altman's brief ouster as CEO (Rachel Metz/Bloomberg)

Google's TIG says it likely thwarted the use of an AI-generated zero-day in a "mass exploitation event" and tools like OpenClaw are being used to find exploits (Samantha Subin/CNBC)

Sources: the White House's Office of the National Cyber Director and Commerce Department's CAISI are fighting over which agency should lead AI model evaluations (Washington Post)

An Anthropic engineer argues HTML is a better output format for AI agents than Markdown, citing information density, ease of sharing, and two-way interaction (@trq212)

Apple releases iOS 26.5, introducing end-to-end encryption for RCS messaging in beta with supported carriers; the setting is enabled by default (Chance Miller/9to5Mac)

Texas AG Ken Paxton sues Netflix for allegedly spying on consumers by collecting their data without consent, and designing its platform to be addictive (Jonathan Stempel/Reuters)

Sources: German defense tech startup Helsing is set to raise $1.2B led by Dragoneer and Lightspeed at a valuation of about $18B, up from $14B in June 2025 (Financial Times)

curl founder Daniel Stenberg says Mythos identified five vulnerabilities in curl, but a manual review found three were false positives and one was "just a bug" (Daniel Stenberg/daniel.haxx.se)

Agentic inference is set to be different than today's inference, and will change compute infrastructure because speed won't matter when humans aren't involved (Ben Thompson/Stratechery)

Israeli startup Frame Security, which protects organizations from AI-powered social engineering attacks, emerges from stealth with $50M led by Index and others (CTech)

Venmo implements a major privacy measure, setting new users' posts to "friends only" by default during onboarding; in 2021, a reporter found Joe Biden's Venmo (Jay Peters/The Verge)

Cowboy Space, led by Robinhood co-founder Baiju Bhatt to build data centers in orbit, raised a $275M Series B led by Index Ventures at a $2B valuation (Bruce Einhorn/Bloomberg)

OpenAI launches the OpenAI Deployment Company with a $4B+ investment to help organizations build and deploy AI systems, and acquires AI consulting firm Tomoro (Reuters)

Google's TIG reports the first known example of hackers using AI to discover and weaponize a zero-day; TIG's chief analyst says "this is the tip of the iceberg" (Dustin Volz/New York Times)

Discord launches Nitro Rewards, giving Nitro subscribers access to offers from gaming services like Xbox Game Pass and hardware like Logitech G at no extra cost (Amanda Silberling/TechCrunch)

Sources: Masayoshi Son has held talks with French President Emmanuel Macron about unveiling a multibillion-dollar AI data center project in the coming weeks (Bloomberg)

In a two-week UK High Court trial, Shein accuses Temu of "industrial scale" copyright infringement of its photos; Temu says Shein is suing to stifle competition (Sam Tobin/Reuters)

SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation (Carmen Reinicke/Bloomberg)

Sources: Kuaishou plans to spin off its Kling AI video unit for an IPO in 2027 and is seeking a $20B valuation in pre-IPO funding talks with potential investors (The Information)

The European Commission says it is in ongoing discussions with OpenAI and Anthropic to access their latest AI models; OpenAI is "proactively offering" access (Inti Landauro/Reuters)