Dwayne
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Applied Materials reaches a $252M settlement with the US Commerce Department, resolving allegations it illegally shipped chipmaking equipment to SMIC in China (Reuters)
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Disney agrees to pay $2.75M to settle California AG Rob Bonta's 2024 lawsuit alleging Disney violated CCPA by failing to honor consumers' data opt-out requests (Alyssa Ray/The Wrap)
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US FTC chair urges Tim Cook to review Apple News' terms and curation after a study claimed the app promoted "leftist outlets" and suppressed conservative ones (Michael Acton/Financial Times)
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Sources: the Pentagon is pushing OpenAI, Anthropic, and others to make their AI tools available on classified networks without the standard user restrictions (Reuters)
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Brandlight, which develops tools that help brands monitor how AI models perceive them, raised a $30M Series A led by Pelion Venture Partners (Chris Metinko/Axios)
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Russia removes WhatsApp, Facebook, and Instagram from a Roskomnadzor-run online directory, essentially blocking them in the country without workarounds (Financial Times)
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Cisco reports Q2 revenue up 10% YoY to $15.35B, vs. $15.12B est., and forecasts Q3 adjusted EPS only in line with estimates; CSCO drops 7%+ after hours (Jordan Novet/CNBC)
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AppLovin reports Q4 revenue up 66% YoY to $1.66B, vs. $1.61B est., and forecasts Q1 revenue and adjusted EBITDA above estimates; APP drops 6%+ after hours (Luke Kawa/Sherwood News)
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Robinhood launches a public testnet for Robinhood Chain, an Ethereum Layer 2 network on Arbitrum supporting 24/7 trading, with a broader rollout later in 2026 (CoinDesk)
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xAI will be organized into four core areas: Grok's chatbot and voice products, Coding, Imagine, and Macrohard, which will build digital agents to run companies (Carmen Arroyo/Bloomberg)
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Elon Musk announces an xAI reorganization that "required parting ways with some people", after two xAI co-founders announced they were leaving this week (Lora Kolodny/CNBC)
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Social media addiction trial: Adam Mosseri says social media is not "clinically addictive" and that Meta was careful to test features used by young people (New York Times)
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Anthropic says it will upgrade power grid infrastructure, generate new power, and cover consumer price increases to minimize the effects of its data centers (Jared Perlo/NBC News)
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EssilorLuxottica says it sold over 7M Meta AI glasses in 2025, up from the 2M that the company sold in 2023 and 2024 combined (Samantha Subin/CNBC)
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BlockFills, a crypto liquidity provider and lender to ~2K institutional clients, halts deposits and withdrawals, citing "recent market and financial conditions" (Financial Times)
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Anthropic says Claude users on the free plan can now create files, connect to external services, use skills, and more (Will Shanklin/Engadget)
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Sources: Apple's Siri upgrade has run into snags recently, possibly pushing some personalized Siri and other features from iOS 26.4 to iOS 26.5, due in May (Mark Gurman/Bloomberg)
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OpenAI announced Monday that the US military will get access to ChatGPT via GenAI.mil; sources say the move came after months of deliberation among employees (Reed Albergotti/Semafor)
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Google releases Android 17 Beta 1, which requires developers to optimize apps for foldables and large screens, includes performance improvements, and more (Sanuj Bhatia/Android Central)
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Meta plans to spend more than $10B to build a 1GW data center campus in Lebanon, Indiana, expected to be operational at the end of 2027 or in early 2028 (Riley Griffin/Bloomberg)
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