• The UK FCA says it is investigating PayPal, Mastercard, and Visa for alleged anti-competitive behavior, in a rare antitrust investigation by the regulator (Laith Al-Khalaf/Financial Times)
• Google updates AI Mode and AI Overviews to add "a preview of perspectives" from firsthand sources like social media and Reddit, presented as "Expert Advice" (Jess Weatherbed/The Verge)
• Morgan Stanley rolls out a crypto trading pilot on E*Trade, charging clients lower prices than Coinbase and Robinhood, ahead of a wider launch later in 2026 (Hannah Levitt/Bloomberg)
• Apple's R&D spending hit 10.3% of revenue in Q2, up from 7.6% in Q1 and 9% in Q2 2025, amid the AI boom; Q2 revenue rose 17% YoY, while R&D jumped 34% YoY (CNBC)
• Nvidia invests $500M in Corning, which will grow its US optical connectivity capacity by 10x and expand its US fiber production capacity by 50%+; GLW jumps 15%+ (Nicholas G. Miller/Wall Street Journal)
• reMarkable Paper Pure review: the new $399 e-paper slate has a great display, responsiveness, and design, but no backlight or typing, and some software issues (Daniel Cooper/Engadget)
• Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising (Yassmin Jabri/Bloomberg)
• A profile of David Sacks, the White House's AI and crypto adviser since December 2024, who is ruthlessly devoted to self-interest and helped pass the GENIUS Act (George Packer/The Atlantic)
• Sources: in a reshuffle, LinkedIn CEO Ryan Roslansky will lead Microsoft's new Work Experiences Group, including Teams, after 35-year veteran Rajesh Jha retired (Tom Warren/The Verge)
• Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech for Nvidia, creating 3,000+ jobs (Katie Tarasov/CNBC)
• OpenAI partners with Microsoft, AMD, Broadcom, Nvidia, and Intel researchers to detail the Multipath Reliable Connection (MRC) protocol to help scale compute (Nat Rubio-Licht/The Deep View)
• Instacart reports Q1 revenue up 14% YoY to $1.02B, above $1.01B est., GTV up 13% YoY to $10.3B, and orders up 10% YoY to 91.2M, as users focus on affordability (Nicholas G. Miller/Wall Street Journal)
• Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a "high-investment-grade company" at its Nueces County, Texas campus (Dina Bass/Bloomberg)
• Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit (Financial Times)
• Doc: SpaceX proposes spending $55B to begin building a Terafab chip facility in Grimes County, Texas, and estimates total capital expenditures could hit $119B (Debby Wu/Bloomberg)
| • A Library Dedicated Solely to the Epstein Files Is Opening in New York
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• The Motley Fool Promo Code: Save Up to $200 on Stock Advisor May 2026
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| • reMarkable's Paper Pure is its new entry-level slate
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• Apple will pay $250 million for failing to deliver its AI-powered Siri on time
• Anthropic reportedly agrees to pay Google $200 billion for chips and cloud access
• Xbox is ditching Microsoft's Copilot AI
• Remakes of Myst and Riven are coming to PlayStation, Xbox and the Microsoft Store
• Irish regulators are investigating whether Meta is using 'dark patterns' to steer people away from non-algorithmic feeds
• Apple Intelligence will reportedly let you choose third-party AI models in iOS 27
• Pennsylvania is suing Character.AI over chatbots that pretend to be licensed doctors
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