Evening Scan

Meta's layoffs landed today — 10% cuts, rolling out office by office starting with Singapore at 4am local time. Google I/O's afterglow kept generating stories, and Samsung's labor situation got messier.

$90B — The scale of Nvidia's dealmaking push across 145+ companies over the past 16 months, led not by its VC arm but by its business development group. (Financial Times)

Meta Starts the 10% Cut, Singapore Gets the 4am Note First

The cuts are framed as an "AI efficiency" initiative, which does heavy work as a euphemism. (The Next Web)

Samsung Faces Strike Risk After Labor Talks Collapse

Samsung rejected a mediation proposal that the union had already accepted — a general work stoppage is now set for May 21, at exactly the wrong moment for memory chip supply. (Bloomberg)

China Banned Nvidia's RTX 5090D V2 While Jensen Huang Was Visiting With Trump

The timing — a consumer gaming chip banned mid-diplomatic visit — suggests Beijing is keeping its own leverage intact regardless of what's happening in the room. (Financial Times)

GitHub Confirms Breach of 3,800 Internal Repos via Malicious VS Code Extension

One employee, one bad extension, 3,800 repositories — the supply chain attack surface keeps expanding through routine mistakes. (BleepingComputer)