AI-Enabled Hacking Escalates
According to AP, “Google disrupts hackers using AI to exploit an unknown weakness in a company’s digital defense”, Google says attackers used AI to find a zero‑day and attempt mass exploitation, raising CONCERN about automated cybercrime. ([apnews.com](https://apnews.com/article/926aea7f7dc5e0e61adce3273c55c6d4?utm_source=openai)) [AP News](https://apnews.com/article/926aea7f7dc5e0e61adce3273c55c6d4)
SoftBank Eyes Massive French AI Build
According to Reuters, “SoftBank’s Son considers up to $100 billion investment in France, Bloomberg News reports”, Masayoshi Son has discussed a multibillion‑dollar AI data‑centre plan with President Macron that could reshape EU infrastructure and JOBS. ([whtc.com](https://whtc.com/2026/05/11/softbanks-son-weighs-up-to-100-billion-investment-in-france-bloomberg-news-reports/?utm_source=openai)) [Reuters](https://whtc.com/2026/05/11/softbanks-son-weighs-up-to-100-billion-investment-in-france-bloomberg-news-reports/)
GM Cuts IT Staff Amid Overhaul
According to Bloomberg, “GM to Cut Hundreds of White Collar Workers in IT Overhaul”, the automaker will eliminate roughly 500–600 IT roles as it restructures for AI and cloud priorities, intensifying pressure on the TECH labour market. ([news.bloomberglaw.com](https://news.bloomberglaw.com/daily-labor-report/gm-to-cut-hundreds-of-white-collar-workers-in-push-to-trim-costs?utm_source=openai)) [Bloomberg](https://news.bloomberglaw.com/daily-labor-report/gm-to-cut-hundreds-of-white-collar-workers-in-push-to-trim-costs)
Oil-driven pause
According to Investing.com (Reuters), “Wall St set for subdued open as US-Iran impasse lifts oil” as U.S. indexes paused Monday after a record run, with oil rising and risk appetite cooling ahead of key data. [Investing.com](https://au.investing.com/news/stock-market-news/wall-st-set-for-subdued-open-as-usiran-impasse-lifts-oil-4423065)
CPI in focus
According to Kiplinger, “What to Expect From the April CPI Report” as markets brace for the BLS April CPI release on Tuesday, May 12, 2026; investors will watch CPI for signs on inflation and the Fed’s path. [Kiplinger](https://www.kiplinger.com/investing/economy/cpi-report-april-2026-what-to-expect)
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