Culture

Ferrari Luce EV Draws Online Backlash and 8% Stock Drop After Jony Ive Reveal

Ferrari's first fully electric, five-seat car — €550,000, designed by ex-Apple chief Jony Ive — sent shares down nearly 8% on Monday. The online enthusiast base compared the Luce to a Honda Accord, an Apple Store minivan, and a luxury toaster.

Technology

GitHub Confirms Breach of 3,800 Internal Repositories via Poisoned VS Code Extension

A poisoned Nx Console VS Code extension gave a threat actor access to roughly 3,800 of GitHub's internal repositories. The trojanized build was live on the VS Code Marketplace for 18 minutes.

Technology

Anthropic Agrees to a $30 Billion Round at $900 Billion Pre-Money Valuation, FT Reports

Sequoia, Dragoneer, Altimeter, and Greenoaks each writing $2B checks. The pre-money mark is 2.6x Anthropic's February Series G and pushes past OpenAI's $852B. Closing expected this week.

Daily Roundup

The Daily Roundup: Nike LeBron NXXT Gen by JuJu 'Silver Lining,' Thunder Take 3-2, Mandalorian & Grogu's $100M Memorial Day, Fireworks AI's $15B — May 27, 2026

JuJu Watkins becomes the first athlete to co-design a LeBron NXXT Gen colorway as the Silver Lining drops at $170. The Thunder took Game 5 127-114 to lead the Spurs 3-2 in the Western Conference Finals.

Technology

Fireworks AI in Talks to Raise at $15 Billion Valuation, Index Ventures Set to Co-Lead

Bloomberg reports the AI inference startup is in talks for a new round at $15B — nearly 4x its $4B Series C valuation from October 2025 and almost 30x its July 2024 mark. Index Ventures is set to co-lead.

Technology

Brett Adcock's Hark Raises $700M Series A at $6B Valuation Led by Parkway

Hark, the third Brett Adcock company in five years, closed a $700M Series A from Parkway Venture Capital with Nvidia, AMD, Intel, Salesforce, and Qualcomm participating. First multimodal models ship this summer.

Technology

Anthropic Tests Dual-Mode Memory Files Architecture for Claude

A new "Memory Files" option in testing would let Claude store what it learns about a user across multiple structured documents — a personal wiki the model can consult selectively — alongside the existing single-note Classic memory.

Daily Roundup

The Daily Roundup: Nike LeBron 23 'Dreams and Nightmares,' Knicks–Cavaliers Sweep, Mandalorian & Grogu, OpenAI's $122B - May 26, 2026

The Nike LeBron 23 'Dreams and Nightmares' drops at $235 on the week the Knicks punched their first Finals ticket since 1999. OpenAI closes the largest private fundraise in history at $122B, and Mandalorian & Grogu opens to $100M.

Technology

Adam Demuyakor of Wilshire Lane Capital Joins Conduent Board, Effective June 1

Conduent (NASDAQ: CNDT) appointed Adam Demuyakor — founder of VC firm Wilshire Lane Capital and vice chair of the Los Angeles Housing Authority — to its board, effective June 1. He joins the Compensation, Risk Oversight, and Corporate Governance committees.

Daily Roundup

The Daily Roundup: adidas Pro Evo 3 Restock, Knicks Sweep Bid, Mandalorian's $102M Memorial Day, OpenAI DeployCo — May 25, 2026

Felix Rosenqvist wins the 110th Indy 500 by a record 0.0233 seconds, Arsenal end a 22-year Premier League drought, and the Knicks are one win from the Finals — all on Memorial Day 2026.

Technology

Meta Launches Reddit-Style Forum App, RDDT Stock Drops 6%

Meta quietly launched Forum, a standalone iOS app built around Facebook Groups and aimed squarely at Reddit. RDDT closed down nearly 6% on the news, deepening a 40% year-to-date slide.

Intelligence Brief

The Intelligence Brief: Memorial Day Inflection - $900B at Anthropic, Wemby's 41/24, and the Sneaker of the Year - May 17–23, 2026

Every Memorial Day pretends to be an inflection point — Anthropic's $900B raise, Wemby's 41/24 conference finals debut, Aston Villa's first European trophy since 1982, and the end of network late-night. This is the week.