Technology 11 May 2026 - 12 May 2026

Bitcoin ATM Ban Wave Hits Spokane Valley After Scam Losses, Minnesota Crackdown Widens
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Bitcoin ATM Ban Wave Hits Spokane Valley After Scam Losses, Minnesota Crackdown Widens

Spokane Valley’s city council has unanimously banned virtual currency kiosks, giving businesses 30 days to remove them or face $250 fines and possible loss of licenses. Police linked the machines to fraud and a suicide case. The move follows Minnesota’s statewide ban, set to take effect August 1, 2026. National fraud losses tied to cryptocurrency complaints exceeded $11 billion in 2025, FBI data show.
May 12, 2026
Why Sony Stock Jumped 5.7% Today Despite Its Bungie Problem
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Why Sony Stock Jumped 5.7% Today Despite Its Bungie Problem

Sony’s U.S.-listed shares rose 5.66% to $21.29 Monday, with trading volume nearly triple the 50-day average after announcing a buyback of up to 230 million shares worth ¥500 billion. Sony also agreed to buy Recognition Music Group’s catalog from Blackstone for about $4 billion, according to a source. Fiscal-year sales rose 3.7% to ¥12.48 trillion; operating income climbed 13.4% to ¥1.45 trillion.
May 12, 2026
Alphabet’s Nvidia Chase Hits A $660 Billion Wall As AI Chip Rally Returns
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Alphabet’s Nvidia Chase Hits A $660 Billion Wall As AI Chip Rally Returns

Nvidia’s market value reached about $5.37 trillion late Monday, widening its lead over Alphabet, which stood at $4.71 trillion. The gap had narrowed last week after strong Alphabet cloud results, but Nvidia’s rally restored distance. Nvidia traded at $219.44, while Alphabet’s Class A shares were at $388.64. Nvidia also announced plans to invest up to $2.1 billion in data-center operator IREN.
May 12, 2026
Why Micron Stock Is Jumping Again: Samsung Strike Risk, AI Memory Shortage and a $1,000 Target
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Why Micron Stock Is Jumping Again: Samsung Strike Risk, AI Memory Shortage and a $1,000 Target

Micron Technology shares jumped 6.5% to $795.33 after Deutsche Bank raised its price target to $1,000, citing tight memory supply and AI demand. Samsung and its union failed to reach a deal after 12 hours of talks Monday, with a strike still possible May 21. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier. SK Hynix and Samsung shares also rose on supply concerns.
May 12, 2026
Rocket Lab Stock Surges Again After Record Q1 Revenue, Golden Dome Win And Neutron Deals
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Rocket Lab Stock Surges Again After Record Q1 Revenue, Golden Dome Win And Neutron Deals

Rocket Lab shares rose 11% Monday afternoon to $117.14, following Friday’s 34% surge after reporting record $200.3 million quarterly revenue and a $2.2 billion backlog. The company announced new U.S. defense contracts, including work on the Space-Based Interceptor program with Raytheon and a $30 million hypersonic test launch deal with Anduril. Rocket Lab secured its largest launch contract to date for Neutron and Electron missions.
May 11, 2026
Samsung’s Free One UI 8.5 Upgrade Hits Galaxy S24 Phones As Global Rollout Widens
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Samsung’s Free One UI 8.5 Upgrade Hits Galaxy S24 Phones As Global Rollout Widens

Samsung began rolling out the stable One UI 8.5 update to Galaxy S24 models in South Korea, with firmware S92xNKSU5DZOP exceeding 4GB. The Galaxy S24 FE also received the update, version S721NKSUBDZDP. Other regions, including Europe and North America, are set to follow in the coming days. The update brings new AI tools, design changes, and privacy features.
May 11, 2026
Apple’s iPhone 18 Pro Plan Just Got Clearer: Split Launch, Satellite 5G And A Camera Bet
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Apple’s iPhone 18 Pro Plan Just Got Clearer: Split Launch, Satellite 5G And A Camera Bet

Apple plans to launch the iPhone 18 Pro and foldable models in September, delaying the standard iPhone 18 to spring 2027, according to MacRumors. The Pro models are expected to use a new A20 Pro chip and feature a variable aperture camera. Tim Cook will step down as CEO on Sept. 1, with John Ternus taking over ahead of the fall launch. WWDC runs June 8-12 at Apple Park.
May 11, 2026
Apple’s iOS 26.5 Just Changed iPhone-Android Texting — But There’s a Catch
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Apple’s iOS 26.5 Just Changed iPhone-Android Texting — But There’s a Catch

Apple released iOS 26.5 on Monday, enabling beta end-to-end encryption for RCS chats between iPhone and Android users. The feature is on by default but depends on carrier and region, with AT&T, T-Mobile, and Verizon supporting it in the U.S. Encrypted chats show a lock icon, but green bubbles remain unchanged. Apple still labels the encryption as beta and not all chats are guaranteed to be protected.
May 11, 2026
Qualcomm’s AI Wearables Bet Puts Smartphones on the Clock as OpenAI, Meta Circle
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Qualcomm’s AI Wearables Bet Puts Smartphones on the Clock as OpenAI, Meta Circle

Qualcomm CEO Cristiano Amon said the company is working with OpenAI, Meta, and other major AI firms on wearable devices that could shift computing away from smartphones. Qualcomm reported $10.6 billion in fiscal Q2 revenue, with handset revenue down 13% and automotive up 38%. Shares rose 6.7% Monday. Amon expects some AI wearables to launch late this year, with broader rollout in 2027–2028.
May 11, 2026
Alstom’s Next Shock May Be a Deeper Overhaul as Cash Pressure Meets New Train Orders
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Alstom’s Next Shock May Be a Deeper Overhaul as Cash Pressure Meets New Train Orders

Alstom will report annual results May 13 as CEO Martin Sion faces pressure over persistent delivery delays and cash flow problems, despite record orders of 27.6 billion euros. Shares closed Monday at 17.22 euros, down over 31% this year. The Belfort site is building trains for Velvet, a new SNCF rival. Sion has promised immediate actions and deeper changes to address missed targets.
May 11, 2026
L3Harris Lands U.S. Air Force ABMS Role, Putting Digital Battlefield Networks in Focus
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L3Harris Lands U.S. Air Force ABMS Role, Putting Digital Battlefield Networks in Focus

L3Harris Technologies has been chosen by the U.S. Air Force to develop secure digital infrastructure for the Advanced Battle Management System. The company did not disclose the contract value. L3Harris reported first-quarter orders of $7.8 billion and a backlog of $40.7 billion. The Air Force has begun fielding ABMS-related systems, including operational deployments in Africa.
May 11, 2026
Vivo X300 Ultra Sale Begins May 14 As India’s Premium Camera-Phone Fight Gets Costly
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Vivo X300 Ultra Sale Begins May 14 As India’s Premium Camera-Phone Fight Gets Costly

Vivo will begin sales of its X300 Ultra and X300 FE smartphones in India on May 14, with prices starting at INR 1,59,999 and INR 79,999, respectively. The launch comes as India’s smartphone shipments fell 3–5% in the first quarter, according to Omdia and Counterpoint. Vivo leads the market with a 20% share. The X300 FE undercuts Xiaomi’s 17, which launched in March at INR 89,999.
May 11, 2026
Algorithmiq Raises €18M and Moves HQ to Milan in Europe’s Quantum Software Race
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Algorithmiq Raises €18M and Moves HQ to Milan in Europe’s Quantum Software Race

Algorithmiq raised €18 million and moved its global headquarters from Helsinki to Milan, making it Italy’s largest venture capital investment in a quantum startup. The round, led by United Ventures and CDP Venture Capital, brings total funding to €36 million. The company recently won a $2 million Wellcome Leap prize for quantum work with Cleveland Clinic and IBM. Algorithmiq will keep significant operations in Finland.
May 11, 2026
AMD Stock Gets Wall Street Reset as AI Server Demand Rewrites the Chip Race
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AMD Stock Gets Wall Street Reset as AI Server Demand Rewrites the Chip Race

AMD shares slipped 0.5% to $452.73 Monday after Goldman Sachs and Bernstein upgraded the stock, citing strong first-quarter results and a bullish outlook for AI server demand. Morgan Stanley raised its price target but kept a neutral rating, highlighting ongoing doubts about AMD’s AI chip execution. First-quarter revenue rose 38% to $10.3 billion, with Data Center sales up 57%.
May 11, 2026
Intel’s Comeback Has a New Catalyst — But the Next Nvidia Talk Is Moving Faster Than the Facts
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Intel’s Comeback Has a New Catalyst — But the Next Nvidia Talk Is Moving Faster Than the Facts

Intel shares climbed to $128.07 in early U.S. trading Monday after reports that SK Hynix is testing Intel’s advanced chip-packaging technology. The move follows news of a preliminary Apple deal, raising hopes for Intel’s foundry business. Intel reported Q1 revenue of $13.6 billion, up 7% year-on-year. Neither SK Hynix nor Intel confirmed the packaging collaboration.
May 11, 2026
Valve Steam Machine Leak Points To Four Bundles — But Price Is the Real Test
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Valve Steam Machine Leak Points To Four Bundles — But Price Is the Real Test

Four Steam Machine package IDs appeared in Steam’s internal database, fueling speculation about Valve’s new living-room PC, but the company has not confirmed pricing, preorders, or a release date. Valve recently imported about 50 tons of “Game Consoles” into the U.S., according to shipping data. Reports suggest possible models with different storage sizes and Steam Controller options. Valve has not commented on the leaked codes or shipment details.
May 11, 2026
Samsung One UI 8.5 Is Here: Galaxy S25 Gets AirDrop as One UI 9 Tests Surface
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Samsung One UI 8.5 Is Here: Galaxy S25 Gets AirDrop as One UI 9 Tests Surface

Samsung began rolling out One UI 8.5 to Galaxy devices in Korea on May 6, with Germany and the U.S. following. The update brings AirDrop-compatible Quick Share to older Galaxy phones, enabling wireless file sharing with Apple devices. Other features include updated photo editing, AI call screening, and new security measures. Early testing of One UI 9 has also started, according to separate reports.
May 11, 2026
Indian Railways Just Cleared ₹362 Crore For Kavach — Punjab And J&K Routes Are Next
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Indian Railways Just Cleared ₹362 Crore For Kavach — Punjab And J&K Routes Are Next

Indian Railways has approved a ₹362-crore expansion of the Kavach automatic train protection system over 1,478 route km in Punjab and Jammu and Kashmir. The project covers key sections in the Firozpur and Jammu divisions, including the Jalandhar City–Jammu Tawi–Katra and Banihal–Baramulla lines. Kavach is designed to automatically apply brakes in unsafe conditions and prevent collisions.
May 11, 2026
Openreach Adds 238 UK Areas to Copper Switch-Off List as Landline Deadline Nears
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Openreach Adds 238 UK Areas to Copper Switch-Off List as Landline Deadline Nears

Openreach has added 238 UK telephone exchanges to its full-fibre “stop sell” programme, bringing the total to 2,116, according to a May 8 update. The new tranche affects about 1.69 million premises, with order restrictions for older copper-based products set to begin June 3, 2027. The move comes ahead of the planned retirement of the UK’s analogue phone network by January 2027.
May 11, 2026
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