US tech job cuts hit a two-year high in May, part of a 65% year-to-date surge. In regulation news, a bipartisan House bill aims to mandate AI risk management and override state laws. Arizona’s largest utility is proposing a 45% power hike for data centers to support the AI boom. Finally, Coinbase and Better launched the first Fannie Mae-backed mortgage using Bitcoin as collateral, while Cloudflare acquired VoidZero.
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.
US military personnel are being tracked by adversaries using smartphone location data, prompting calls for stricter device protections. In cybersecurity, a researcher has threatened a major 0-day release following a dispute with Microsoft, while Carnival confirmed that 6 million customer records were stolen. Additionally, experts warn Europe must moderate datacenter growth to avoid power and water shortages.
Blue Origin’s New Glenn rocket exploded during a Florida test, causing significant damage and impacting NASA’s Artemis mission. The “Trump Accounts” app launched, providing $1,000 deposits for children born during the president’s second term. In New York, a law targeting 3D-printed “ghost guns” has sparked backlash, while the EU is reserving satellite spectrum to favor local players over SpaceX.
Nvidia is scaling its Taiwan supply chain, with spending potentially reaching $150 billion and staff set to quadruple. ByteDance is also eyeing a massive $70 billion AI expansion. In finance, Robinhood is launching autonomous AI trading features, while TSMC announced a 30% boost in employee profit-sharing. Meanwhile, YouTube is increasing the visibility of AI-generated content labels.
The EU aims to reserve two-thirds of mobile satellite spectrum for European firms, while SpaceX hiked Starlink prices fivefold for Pentagon drone use. In crypto, $8.2 million in Bitcoin was lost to a burn address. Meanwhile, Google’s AI-driven moderation wiped a manga artist’s entire digital life, and X clarified that blue checkmarks now signify active subscriptions, not account verification.
