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US tech job cuts exceeded 38,000 in May, driving a 65% year-over-year increase as firms pivot toward AI. In venture news, Ramp raised $750 million at a massive $44 billion valuation. Meanwhile, Waymo’s robotaxi passenger mile share rose to 56%, and interest in the semiconductor boom has pushed Taiwan and South Koreaβs market caps past Indiaβs, marking a major global shift.
Let’s Encrypt is implementing Merkle Tree Certificates to enable post-quantum security without bloating TLS handshakes. In language updates, Kotlin 2.4.0 introduces stable context parameters, while Elixir v1.20 debuts a gradual typing system via type inference. Meanwhile, researchers have found a vulnerability in Creative Sound Blaster Katana V2X speakers that allows attackers to compromise connected PCs using unauthorized firmware.
A proposed AI Executive Order could allow the federal government to pick winners and losers in the tech industry. Meanwhile, reports reveal ICE holds a $2 million contract for mobile-hacking spyware. In the infrastructure race, Marvell unveiled 102.4 Tbps switch silicon for AI datacenters, and HPE reported a record quarter driven by AI demand. Additionally, Microsoft has pledged not to pursue legal action against security researchers.
The UK is deploying the Royal Navy after Russian submarines were seen surveying subsea cables. In cybersecurity, an authentication bypass in Palo Alto Networks’ PAN-OS is being actively exploited, and ‘Shai-Hulud’ malware has been found targeting Red Hat credentials. Meanwhile, developers threaten to abandon GitHub Copilot over metered billing, as 5,000+ domains have been registered for election phishing.
AI tools are being criticized as “ADHD amplifiers” that promote low-quality, unmaintainable projects. In security news, the new FROST technique exploits SSD timing for browser fingerprinting, while Cloudflare Turnstile faces WebKitGTK compatibility issues. Meanwhile, the developer of Trolddom is working on offline modes for game preservation, and enthusiasts are repurposing datacenter GPUs to boost VRAM for LLMs.
Canonical will now manage Flutter desktop maintenance, with Google moving design libraries into standalone packages. NixOS 26.05 “Yarara” is out, featuring systemd-based Stage 1. Security researchers are investigating TLS wiretapping via acme.sh exploits, while the Opcode Collective is reverse-engineering Intel 8087 microcode. Additionally, Zig’s updated linker now supports LLVM-enabled builds.