• Sources: some shareholders are questioning whether Sam Altman should lead OpenAI through the turbulence of an IPO and have floated Bret Taylor as a successor (Wall Street Journal)
• India drops a proposal to require Apple, Google, Samsung, and other smartphone makers to preinstall the country's biometric identification app Aadhaar on phones (Reuters)
• Bluesky says a sophisticated DDoS attack is to blame for continued app outages but it has not seen any evidence of unauthorized access to private data (Sarah Perez/TechCrunch)
• Loop, which uses AI to predict supply chain disruptions, raised a $95M Series C co-led by Valor Equity Partners and the Valor Atreides AI Fund (Sean O'Kane/TechCrunch)
• An interview with Dario Amodei, who says the negative narrative around AI is dominant because the industry hasn't yet fully delivered the benefits it promises (John Thornhill/Financial Times)
• Kraken parent company Payward agrees to acquire Bitnomial, a digital asset derivatives platform, for up to $550M in cash and stock, which values Payward at $20B (Will Canny/CoinDesk)
• Cyber experts say the EU's age verification app has glaring privacy and security problems; after saying it was ready, EU officials say the app is "still a demo" (Politico)
• China fines leading food delivery apps, like from Alibaba, PDD, and Meituan, a total of ~$528M, the largest fine for the sector since the 2015 food safety law (Luz Ding/Bloomberg)
• Charles Schwab unveils its long-awaited crypto investing product, Schwab Crypto, with a 0.75% fee on every crypto trade and plans to launch in the coming weeks (Tanaya Macheel/CNBC)
• Docs: US tech companies successfully lobbied the EU to hide data centers' environmental toll; one of their demands was written almost verbatim into EU rules (The Guardian)
• Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)
• SynMax: almost 40% of US data centers due in 2026 are facing delays; major projects for Microsoft, OpenAI, and others are likely to end over three months late (Financial Times)
• Sources: Dario Amodei is set to meet with WH Chief of Staff Susie Wiles on Friday, a breakthrough in Anthropic's effort to resolve its fight with the Pentagon (Axios)
• Uber agrees to buy an additional 4.5% stake in German food delivery rival Delivery Hero from Prosus for ~€270M, which would bring Uber's total stake to ~7% (Financial Times)
• Sources: Sequoia raised ~$7B for a new fund, the first fundraising round under its new leadership; the firm's last expansion fund was a $3.4B vehicle in 2022 (Bloomberg)
| • Republican Mutiny Sinks Trump's Push to Extend Warrantless Surveillance
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• Dark Matter May Be Made of Black Holes From Another Universe
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• ‘Avatar: Aang, The Last Airbender’ Leaked Online. Some Fans Say Paramount Deserves the Fallout
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| • Roblox agrees to a $12 million settlement with Nevada
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• Engadget Podcast: Allbirds goes from shoes to AI
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• Intel launches new Core Series 3 chips for mainstream laptops
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• Spotify debuts a new UI just for tablets
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• Opera adds Browser Connector for integrating AI chatbots
• Apple and Google are reportedly pointing users to 'nudify' apps
• Microsoft's new college deal is a half-hearted answer to the $500 MacBook Neo
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• Snap is laying off 16 percent of its workforce, blames AI
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• Traeger debuts Westwood smart pellet grills that start at $700
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