Month: May 2026

SK Hynix Joins the Trillion-Dollar Club, Powered by Nvidia’s HBM4 Orders
May 27, 2026 – 7:25 am
A 10%+ surge in Seoul trading on Wednesday pushed the Kore…

Netherlands Blocks US Firm from Buying DigiD Cloud Host
The Netherlands has blocked a US company, Kyndryl (a spin-off of IBM), from acquiring Solvinity, the …

Brussels Plans to Ringfence Two-Thirds of EU Mobile-Satellite Spectrum for European Firms
May 26, 2026 – 3:24 pm
The proposal expected to be announced on We…

Dropbox Founder Drew Houston Steps Down as CEO After 19 Years
Ashraf Alkarmi, a former Vimeo and Amazon executive who joined Dropbox 18 months ago, takes …

Ferrari Stock Drops 7% after Unveiling Luce EV
Ferrari shares fell 7% after unveiling the Luce, its first electric car, priced at €550,000.
Background
M…

xAI Warns Staff to Limit Contact with Cursor Employees
xAI told staff to stop mingling with Cursor employees, weeks after they started working together.
T…

Stord Raises $250M at $3B Valuation to Take on Amazon
Stord has raised $250 million at a staggering $3 billion valuation, aiming to revolutionize e-commerce l…

Spotify Tests Narrated Magazine Articles as Audiobooks
Spotify began testing a new content format on Tuesday: narrated long-form magazine articles, slotted …

BNP Paribas and Mistral Collaborate on European AI Cybersecurity Model
BNP Paribas, the eurozone’s largest bank, is partnering with Mistral AI to develop a cy…

Pope Leo’s First Encyclical: Tech Regulation as Much as Theology
May 26, 2026 – 11:37 am
Image by: Shutterstock
The 24 hours since Pope Leo XIV publishe…