Matthew Martin / Semafor:
Alat, a $100 billion PIF-backed electronics manufacturing fund in Saudi Arabia, has removed its CEO Amit Midha; sources say he abandoned plans to invest in chip production— The Scoop — Read more — Notable — THE SCOOP — Saudi sovereign wealth fund fired Alat CEO Amit Midha…
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- Alat, a $100 billion PIF-backed electronics manufacturing fund in Saudi Arabia, has removed its CEO Amit Midha; sources say he abandoned plans to invest in chip production (Matthew Martin/Semafor)
- U.S. CFTC says a district court judge has granted its request for a temporary restraining order barring Arizona from pursuing its criminal case against Kalshi (Jack Queen/Reuters)
- Amazon Luna drops support for third-party game purchases, game stores and subscriptions; Previously purchased games will be available until June 10 (Michael Kan/PCMag)
- Source: Federal prosecutors subpoenaed Reddit to grand jury to provide personal data on anonymous user who criticized ICE (Ryan Devereaux/The Intercept)
- US to establish fuel depot in Philippines to support operations in South China Sea – Radio Free Asia
- San Francisco police arrested a suspect for allegedly throwing a Molotov cocktail at Sam Altman’s home and also making threats outside OpenAI headquarters (Maxwell Zeff/Wired)
- Private jet companies battle for biggest spending customers at Masters
- Snap announces a partnership between Specs, its subsidiary specializing in AR glasses, and Qualcomm, whose Snapdragon XR platform will power Specs’ next AI glasses (TechCrunch)

