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Google files its appeal of the US federal ruling deeming it an illegal search monopolist, arguing it "prevailed in the marketplace fair and square" (Lauren Feiner/The Verge)

China's Wingtech files a lawsuit against Nexperia, saying its control over the Dutch chipmaker remained restricted, and seeks ~$1.2B for economic losses (Reuters)

The US Ambassador to Canada accuses Canada of imposing trade barriers by requiring that US streamers contribute 15% of Canadian revenue to local programming (Paul Vieira/Wall Street Journal)

President Emmanuel Macron says France will invest an additional €1B for quantum computing research and a further €550M in state funding for semiconductors (France 24)

Sources: WH approved a $9B request to acquire advanced AI chips for spy agencies; Anthropic is finalizing a classified contract for NSA to keep using its tools (New York Times)

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 (Katie Tarasov/CNBC)

Google's AI Overviews are failing to provide search summaries for specific command-style terms including "disregard", "ignore", and "skip" (Jay Peters/The Verge)

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 (Scott Patterson/Bloomberg)

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 (Jonathan Vanian/CNBC)

Google rolls out a Google Wallet redesign, including "dynamic quick access" for favorites, a "View more" floating action button, and more (Abner Li/9to5Google)

Activision shareholders reach a $250M settlement over allegations that Microsoft and Activision underpaid them during Microsoft's 2023 acquisition of Activision (Tom Hals/Reuters)

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 (Nikkei Asia)

Memo: Yusuf Mehdi, a 35-year Microsoft veteran who has been its consumer chief marketing officer since 2023, will leave the company after the next fiscal year (Todd Bishop/GeekWire)

Farther Finance, which is building an AI-enabled wealth management platform for financial advisors, raised a $150M Series D at a $1B+ post-money valuation (Ryan Lawler/Axios)

Zero2IPO Research: Chinese AI startups raised $16.2B in Q1 2026, up 185% YoY, led by top AI labs including Moonshot, Z.ai, and MiniMax (Karen Tian/South China Morning Post)

Microsoft veteran executive Yusuf Mehdi is leaving after the next fiscal year, an internal memo shows (Ashley Stewart/Business Insider)

Sources: DeepSeek execs told potential investors in its ongoing $10B round that it will prioritize groundbreaking AI research over short-term commercialization (Lulu Yilun Chen/Bloomberg)

Italian police dismantle a piracy network that streamed paid content from Netflix and others via an app called Cinemagoal with annual subscriptions of €40-€130 (Ana-Maria Stanciuc/The Next Web)

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

Driverless car startup Bliq.ai says it has received approval for fully driverless road operations in Estonia, the first authorization of its kind in the EU (Cate Lawrence/Tech.eu)

Sources and documents detail Satya Nadella's effort to revamp Microsoft's senior leadership, creating a startup-style operating model to compete in the AI race (Ashley Stewart/Business Insider)

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 (Sergiu Gatlan/BleepingComputer)

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 (Mariella Moon/Engadget)

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 (Wall Street Journal)

AMD CEO Lisa Su projects the CPU market will grow over 35% annually through 2031, up from 3% to 4% historically, driven by AI inference and agentic AI demand (Cheng Ting-Fang/Nikkei Asia)

Lenovo reports Q4 revenue up 27% YoY to $21.6B, above $18.7B est., net profit up 479% to $521M, above $271M est., as the PC maker pushes into AI server markets (Reuters)

Sources: Nintendo asked partners and suppliers to assemble ~20M Switch 2 consoles by March 2027, ~20% above the 16.5M public sales outlook issued in early May (Takashi Mochizuki/Bloomberg)

Meta, Broadcom, Applied Materials, GlobalFoundries, and Synopsys launch a $125M "Semiconductor Hub" at UCLA to advance AI chip research and more (CJ Haddad/CNBC)

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 (Politico)

Sources: last-minute calls with Elon Musk, Mark Zuckerberg, David Sacks, and others helped persuade President Trump not to sign the highly anticipated AI EO (Washington Post)

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 (Axios)

Socket: TeamPCP, the gang claiming GitHub's repositories breach, also executed 20 "waves" of supply chain attacks recently, compromising 500+ pieces of software (Wired)

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% (Chloe Taylor/CNBC)

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 (Jason Schreier/Bloomberg)

Waymo suspends freeway rides and pauses its Atlanta operations, as it updates software to improve performance around construction zones and flooded roadways (Reuters)

Adobe, Canva, and CapCut announce Gemini integrations to let users access the companies' image and video editing tools within the Gemini app (James Peckham/PCMag)

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. (Ashley Carman/Bloomberg)

Source: Cursor reached $3B in annualized revenue in late April and now has 3,000+ customers paying at least $100K each for its software on an annualized basis (Rachel Metz/Bloomberg)

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% (Samantha Subin/CNBC)

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 (Brody Ford/Bloomberg)

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 (Zaheer Kachwala/Reuters)

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 (Jordan Novet/CNBC)

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 (Ryan Autullo/Bloomberg Law)

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 (Erin Mulvaney/Wall Street Journal)

Sources: Starbucks shut down an AI program for automating inventory counts, nine months after deploying it, after it frequently miscounted and mislabeled items (Waylon Cunningham/Reuters)

Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (Deepa Seetharaman/Reuters)

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 (Cecilia Kang/New York Times)

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 (Sri Muppidi/The Information)

Sources: the EU will propose temporarily lifting sanctions, imposed in April, on a major Chinese semiconductor supplier after automakers warned of shortages (Alberto Nardelli/Bloomberg)

August Robotics, which makes autonomous robots for construction and industrial applications, raised $30M led by Big Pi Ventures (Kyt Dotson/SiliconANGLE)