Sources: ByteDance is offering low-priced stock options linked to growth in its Seed AI division to staff of the unit, a first, to fend off poaching from rivals (Financial Times)
Sources: Chinese government agencies begin imposing overseas travel restrictions on individuals involved in advanced AI work, including at Alibaba and DeepSeek (Bloomberg)
Kelp DAO says its restaked Ether token has been restored after a five-week recovery effort following a $293M exploit by North Korea's Lazarus Group on April 18 (Brayden Lindrea/Cointelegraph)
Sources: Meta, Google, and Amazon execs met Vatican officials on April 29, as part of a quiet lobbying push ahead of Pope Leo XIV's first AI encyclical (Océane Herrero/Politico)
A growing number of execs are creating AI digital twins to manage tasks; Reid Hoffman says "Reid AI" has delivered 75+ addresses and presentations since 2024 (Joann S. Lublin/Wall Street Journal)
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)
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)