Snap Q1 2026: Financial Impact of the Iran War, Lost AI Deal, and Workforce Cuts
Snap lost a $400 million AI deal, facing $20-$25 million monthly in advertis…
Supreme Court Declines to Delay Apple’s App Store Contempt Order
The US Supreme Court has refused to pause the order holding Apple in contempt in the Epic Gam…
Google Offers EU Concessions on News-Search Ranking to Head Off a Fresh DMA Fine
May 6, 2026 – 5:57 pm
The proposals filed in Brussels aim to settle the Eu…
Ethos lands $22.75m Series A to fix what AI broke about hiring
May 6, 2026 – 3:00 pm
The London-based AI expert-matching platform, founded by ex-DeepMind …
Anthropic Raises Rate Limits for Claude Code and Opus API
May 6, 2026 – 4:48 pm
Anthropic has announced significant enhancements to its AI services, citin…
Hut 8 Signs $9.8 Billion Lease for Texas AI Data Center
May 6, 2026 – 12:26 pm
Hut 8 has completed its remarkable transformation in just 18 months by signin…
Beijing’s Lobbying Offensive on the EU Cybersecurity Act: A Costly Proposition
The China Chamber of Commerce to the EU (CCCEU) has released a study, conducted…
SpaceX Files for a $55bn Texas Semiconductor Fab
May 6, 2026 – 1:10 pm
The Terafab project, located alongside the existing Bastrop packaging operation, ai…
Nvidia-Corning Deal: $500M in Warrants, Three New US Plants, and 3,000 Jobs
May 6, 2026 – 1:38 pm
The partnership between NVIDIA and Corning includes:
…
Thailand Approves $29 Billion in Projects, With TikTok’s Data-Center Expansion
May 6, 2026 – 10:42 am
Bangkok’s Board of Investment (BOI) cleared six major…