Technology

• A Singapore government agency said the United Nations nuclear watchdog will assess the city-state’s ability to make an “informed decision” on potential future deployment of advanced nuclear energy technologies. • The review is part of Singapore’s longer-term energy planning as officials explore low-carbon options while weighing safety, regulation, and infrastructure needs. • This matters because even preliminary nuclear assessments can shape regional energy policy and investor expectations in a resource-constrained economy.

• President Trump and Chinese leader Xi Jinping held high-stakes talks in Beijing focusing on resolving escalating trade tensions, technology competition, and coordinating responses to Middle Eastern developments. • The two leaders discussed tariff rollbacks, semiconductor supply chain restrictions, and potential joint initiatives on artificial intelligence regulation, with both nations seeking to avoid further economic deterioration. • The summit marks a critical pivot point in US-China relations, with observers noting that agreements reached could reshape global trade dynamics and influence the trajectory of broader geopolitical competition.

Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%The parent company of Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.The Trump Media and Technology Group’s quarterly report for January to March 2026 showed that while net sales were up 6% year over year, the company took sizable losses related to other investments. Continue reading...

• Olympic Circuit Technology, a Chinese tech firm traded on the Shanghai Stock Exchange (SHSE:603920), has demonstrated robust growth with revenue forecasts of 29.5% and earnings forecasts of 45.6%, significantly exceeding broader Chinese market averages as of May 2026. • The company's growth metrics position it among high-performing tech stocks in Asia, reflecting strong operational performance and market confidence in its business model and expansion strategy. • The outperformance relative to the broader Chinese market indicates Olympic Circuit Technology's competitive advantages and operational efficiency in a challenging economic environment.

• Amazon Web Services, Microsoft, and NVIDIA have been selected to provide artificial intelligence technology to the Pentagon, joining existing partners Google, OpenAI, and xAI. • The announcement represents a major government endorsement of these tech giants' AI capabilities for defense applications and strategic military infrastructure. • The expansion of AI providers to the Defense Department underscores the military's commitment to leveraging multiple AI platforms for national defense and operational readiness.

• Indian innovators unveiled a breakthrough drone imaging technology on May 3, 2026, that completely eliminates the need for germanium, a critical mineral prone to supply chain disruptions from China. • The new system uses alternative materials to maintain high-resolution infrared imaging capabilities, enabling drones for defense, agriculture, and surveillance without vulnerabilities. • This development enhances India's strategic autonomy in drone tech amid global chip shortages and export restrictions, reducing dependency on imported rare earths.

• The European Union announced new provisional tariffs on Chinese electric vehicle batteries and solar components Monday, citing unfair state subsidies and predatory pricing that undercut European manufacturers. • Beijing warned the tariffs violate World Trade Organization rules and threatened retaliatory measures on European agricultural imports, escalating trade friction between the two economic blocs. • U.S. officials expressed support for the EU's move, viewing it as necessary protection for clean energy industries while signaling potential alignment on China trade policy.