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Fri May 22
How the Trump admin gutted the CFTC, ousting enforcers and appointing industry-friendly officials, as Trump family got into crypto and prediction markets (New York Times)
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Demand for security engineers is surging, with job postings up 11% YoY in Q1, driven by threats from AI-generated code and models like Mythos and GPT-5.4-Cyber (Kate Conger/New York Times)
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Sources: Uber weighs a higher bid after it approached a major Delivery Hero shareholder with a €38-per-share bid, valuing the group at €11.5B+, but was rebuffed (Financial Times)
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The ECB summons Eurozone banks to a meeting on Tuesday to discuss risks posed by the latest AI models and hopes US banks with Mythos access will share lessons (Martin Arnold/Financial Times)
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A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinking Apple IDs from stolen iPhones (New York Times)
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A deep dive into Apple Watch and Health efforts; sources: iOS 27 to get a revamped AirPods control panel and default support for AirPlay rivals like Google Cast (Mark Gurman/Bloomberg)
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How the AI boom is transforming global M&A, now dominated by the AI-driven race to control the world's energy, fiber networks, and computing capacity (Financial Times)
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Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking Tether's stake to ~71%; SoftBank's stake was worth ~$679M (Emily Nicolle/Bloomberg)
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Rising DRAM prices are driving "forced premiumization" in the smartphone market in India and Africa, as consumers in the sub-$200 segment risk being priced out (David Oks)
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Moment, which develops AI tools for automating fixed-income and equities trading tech, raised a $78M Series C led by Index Ventures, with a16z participating (Paige Smith/Bloomberg)
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Hands-on with a pre-release build of Google Docs Live, an AI-powered voice tool for drafting documents, rolling out this summer to AI Pro and Ultra subscribers (Nicole Nguyen/Wall Street Journal)
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DeepSeek says it will lower V4 Pro API prices by 75% to $0.435/1M input and $0.87/1M output tokens, making permanent the discount prices set to expire on May 31 (Bloomberg)
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Sources: Princeton Digital Group to sell its Chinese data center assets for as much as $1B, as global buyout firms retreat from China's data center market (Financial Times)
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Salesforce's promotional videos showcased Agentforce mock-ups and features that are not widely available, as CEO Marc Benioff defends forward-looking marketing (Brody Ford/Bloomberg)
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Crypto companies prepare for the threat that quantum computers could hack core industry security, including breaking the critical code underpinning Bitcoin (Financial Times)
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For publishers, pirated audiobooks made with AI on YouTube are a growing issue: removal is cumbersome, and some are hiring tech companies to take them down (Alexandra Alter/New York Times)
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How Anthropic's ongoing discussions with the Vatican about ethics and AI led to Christopher Olah being invited to Pope Leo's unveiling of an encyclical on AI (Jack Jenkins/RNS)
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Sources: the ECB warned EU finance ministers that proposals to issue more euro stablecoins could reduce bank lending and make controlling interest rates harder (Reuters)
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