New York Times:
A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinking Apple IDs from stolen iPhones — Tens of thousands of smartphones were reported stolen in the British capital in recent years. For some victims, losing their phone was only the beginning.
Tech Nuggets with the Technology
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Sunday, May 24, 2026
A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinking Apple IDs from stolen iPhones (New York Times)
How the AI boom is transforming global M&A, now dominated by the AI-driven race to control the world's energy, fiber networks, and computing capacity (Financial Times)
Financial Times:
How the AI boom is transforming global M&A, now dominated by the AI-driven race to control the world's energy, fiber networks, and computing capacity — Deals hit record highs, unloved companies turn sexy and PE finds a new gold mine. Up until this week, NextEra Energy …
Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M (Emily Nicolle/Bloomberg)
Emily Nicolle / Bloomberg:
Tether buys out SoftBank's ~26% stake in bitcoin treasury company Twenty One Capital, taking its stake to ~71%; SoftBank's stake was worth ~$679M — Tether has bought out SoftBank Group Inc.'s ownership in the digital-asset treasury company Twenty One Capital Inc., adding to its control …
Saturday, May 23, 2026
Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76% from Delivery Hero's close on Friday (Anusha Shah/Reuters)
Anusha Shah / Reuters:
Delivery Hero says it received a takeover offer from Uber for €33 per share, a discount of 1.76% from Delivery Hero's close on Friday — German food delivery service Delivery Hero (DHER.DE) confirmed it had received a takeover offer from rival Uber (UBER.N) valuing the company at 33 euros …
A look at a copy of the AI EO that President Trump was expected to sign on Thursday; the unsigned EO emphasized that government AI reviews would be voluntary (Sophia Cai/Politico)
Sophia Cai / Politico:
A look at a copy of the AI EO that President Trump was expected to sign on Thursday; the unsigned EO emphasized that government AI reviews would be voluntary — The draft also includes language aimed at bad actors. It directs the attorney general to enforce the Computer Fraud and Abuse Act and …
A profile of TP-Link, whose share of the US consumer router market grew from 10% to 60%+ between 2019 and 2025, as it seeks to rebut national security concerns (Noah Berman/The Wire China)
Noah Berman / The Wire China:
A profile of TP-Link, whose share of the US consumer router market grew from 10% to 60%+ between 2019 and 2025, as it seeks to rebut national security concerns — When Jeffrey Chao was studying for his master's in computer science in the early 1990s, he would sometimes spend so many hours …
As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is not sharing data with Chinese firms and uses open-source models (Natalie Lung/Bloomberg)
Natalie Lung / Bloomberg:
As the US House probes Airbnb's use of Chinese AI models, CEO Brian Chesky says the company is not sharing data with Chinese firms and uses open-source models — Airbnb Inc. Chief Executive Officer Brian Chesky defended his company's use of Chinese artificial intelligence models …
Friday, May 22, 2026
Sources and documents detail Satya Nadella's effort to revamp Microsoft's senior leadership, creating a startup-style operating model to compete in the AI race (Ashley Stewart/Business Insider)
Ashley Stewart / Business Insider:
Sources and documents detail Satya Nadella's effort to revamp Microsoft's senior leadership, creating a startup-style operating model to compete in the AI race — CEO Satya Nadella just dismantled the senior leadership structure that has run Microsoft for decades.
Meta releases Forum, a Reddit-like standalone app for Facebook Groups, with a feed showing Group conversations and an AI-powered "Ask" feature, on iOS (Mariella Moon/Engadget)
Mariella Moon / Engadget:
Meta releases Forum, a Reddit-like standalone app for Facebook Groups, with a feed showing Group conversations and an AI-powered “Ask” feature, on iOS — It's a new dedicated app for Facebook Groups. — Meta has launched a new app called Forum without fanfare or even an official announcement.
Thursday, May 21, 2026
Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus in early 2027 as part of a last-minute union deal (Bloomberg)
Bloomberg:
Analysis: Samsung could distribute ~$26.6B to chip employees, or ~$340K each for its 78,000 staff, as a bonus in early 2027 as part of a last-minute union deal — Samsung Electronics Co. could distribute about 40 trillion won ($26.6 billion) to chip employees as a bonus for this year …
Wednesday, May 20, 2026
Kickstarter retracts stricter rules on mature content after creator backlash, and says it adopted the tougher rules because of its payment processor Stripe (Mariella Moon/Engadget)
Mariella Moon / Engadget:
Kickstarter retracts stricter rules on mature content after creator backlash, and says it adopted the tougher rules because of its payment processor Stripe — It explained that it created the new rules due to Stripe's policy. — Kickstarter has retracted the new set of rules around mature content …
Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week (Financial Times)
Financial Times:
Document and sources: China banned Nvidia's RTX 5090D V2 chip, aimed at gamers and animators, while Jensen Huang was visiting China with Donald Trump last week — Beijing aims to support domestic players including Huawei and Cambricon as they catch up to US rivals
Tuesday, May 19, 2026
Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage (Arjun Neil Alim/Financial Times)
Arjun Neil Alim / Financial Times:
Standard Chartered plans to cut nearly 8,000 back-office positions by 2030, a 15%+ reduction in support functions in hubs like Bengaluru, amid growing AI usage — Bill Winters says new strategy focuses on replacing ‘lower-value human capital’ in drive for ‘sustainable growth’
Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending (Aisha S Gani/Bloomberg)
Aisha S Gani / Bloomberg:
Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pre-tax profit up 44% to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending — Monzo Bank Ltd. reported a 44% jump in profit in the year through March, as growth in lending lifted interest income.
Monday, May 18, 2026
How Amazon, which took a measured tone to AI, went from an AI also-ran to a real contender, thanks to $200B in spending, custom AI chips, and savvy deals (Tim Higgins/Wall Street Journal)
Tim Higgins / Wall Street Journal:
How Amazon, which took a measured tone to AI, went from an AI also-ran to a real contender, thanks to $200B in spending, custom AI chips, and savvy deals — The pieces are coming together for AWS's AI strategy, thanks to $200 billion in spending, custom chips and savvy deals
A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinking Apple IDs from stolen iPhones (New York Times)
New York Times : A look at the scourge of smartphone thefts in London, as victims describe receiving texts threatening them into unlinkin...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...