🚨 NASA faces historic budget cuts

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☀️ On this day: On May 7, 1946, Tokyo Telecommunications Engineering Corporation was founded by Masaru Ibuka and Akio Morita in post-war Japan. The company would later be renamed Sony, becoming a global tech giant known for innovations like the Walkman, Trinitron TV, and PlayStation gaming consoles.

What’s happening:

• 🚨 NASA faces historic budget cuts under 2026 plan

• 🛑 OpenAI drops plan to become for-profit

• 💻 Gemini 2.5 Pro dominates AI leaderboards

• ⚠️ Fiverr CEO: ‘AI is coming for your jobs—and mine’

• 📱 Netflix joins short video race with new mobile feed

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Hand-picked news:

🚨 NASA faces historic budget cuts under 2026 plan ↗️LINK

• What: The White House’s 2026 “skinny budget” proposes a 24% cut to NASA’s funding—the largest single-year reduction in the agency’s history. It would eliminate the Mars Sample Return mission, end lunar infrastructure projects like Gateway, and slash the science budget by 47%.

• Why: The Office of Management and Budget aims to significantly scale back federal science spending, despite President Trump’s stated goal of U.S. space leadership. Critics say the cuts conflict with that vision.

• Impact: Experts warn the cuts could derail flagship missions, cripple Earth and planetary science, and damage national security. Bipartisan voices are urging Congress to reject the proposal and preserve NASA’s global leadership in space.

🛑 OpenAI drops plan to become for-profit ↗️LINK

• What: OpenAI has scrapped its plan to convert into a for-profit company following discussions with civic leaders and attorneys general from Delaware and California. Instead, its commercial arm will become a public benefit corporation (PBC), similar to Anthropic and xAI.

• Why: The original for-profit model capped investor returns, which limited future fundraising. The new PBC model allows unlimited stock appreciation, making OpenAI more attractive to investors while retaining nonprofit oversight.

• Impact: This change may ease regulatory concerns while unlocking fresh funding. However, governance questions remain, especially as CEO Sam Altman still holds no equity stake in the company.

💻 Gemini 2.5 Pro dominates AI leaderboards ↗️LINK

• What: Google released a preview of Gemini 2.5 Pro I/O Edition, which now leads both the WebDev Arena and LM Arena leaderboards, overtaking top models like Claude 3.7 Sonnet and OpenAI’s o3.

• Why: The update delivers major improvements in frontend coding, code transformation, UI development, and video understanding—enabling advanced workflows such as turning videos into interactive apps.

• Impact: With I/O still weeks away, Google is already setting the tone for the AI arms race. Gemini 2.5 Pro’s leap in performance marks a significant win in coding and agentic AI, quietly raising the bar for rivals.

⚠️ Fiverr CEO: ‘AI is coming for your jobs—and mine’ ↗️LINK

• What: Fiverr CEO Micha Kaufman told employees that AI is set to disrupt jobs across the board—including his own—highlighting roles like programmers, designers, and customer support as most at risk.

• Why: In an internal email, Kaufman described AI as a global force reshaping how work is done. He urged staff to adopt AI tools, learn prompt engineering, and rethink productivity in this new era.

• Impact: The candid message signals a major cultural shift at Fiverr and beyond, emphasizing adaptation over resistance. It reflects growing pressure on companies and workers to evolve amid the AI revolution.

📱 Netflix joins short video race with new mobile feed ↗️LINK

• What: Netflix is testing a vertical short-form video feed on its mobile app, letting users scroll through curated clips from its original content. Viewers can instantly watch full titles, save to “My List,” or share clips, all from the new tab.

• Why: As platforms like TikTok and YouTube Shorts dominate mobile attention, Netflix aims to keep users engaged by adapting its interface and content format to match changing viewing habits and expectations.

• Impact: This move could help Netflix retain mobile users and boost viewership of its originals. Alongside other UI and recommendation updates, it reflects a broader shift toward personalization and bite-sized content in the streaming wars.

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