The Brutalist Report - techmeme
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- The Trump administration plans to require most green card applicants to return to their home countries to apply, which could adversely impact tech workers (Peter Wells/Financial Times) [52d]
- 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) [52d]
- 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) [52d]
- 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) [52d]
- 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) [52d]
- 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) [52d]
- 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) [52d]
- Google's AI Overviews are failing to provide search summaries for specific command-style terms including "disregard", "ignore", and "skip" (Jay Peters/The Verge) [52d]
- 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) [52d]
- 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) [53d]
- Google rolls out a Google Wallet redesign, including "dynamic quick access" for favourites, a "View more" floating action button, and more (Abner Li/9to5Google) [53d]
- Activision shareholders reach a $250M settlement over allegations that Microsoft and Activision underpaid them during Microsoft's 2023 acquisition of Activision (Tom Hals/Reuters) [53d]
- 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) [53d]
- 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) [53d]
- 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) [53d]
- 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) [53d]
- Memo: Yusuf Mehdi, a 35-year Microsoft veteran who has been its commercial chief marketing officer since 2023, will leave the company after the next fiscal year (Ashley Stewart/Business Insider) [53d]
- 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) [53d]
- 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) [53d]
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