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DAILY ISSUE · 2026-05-31

Sunday 31 May 2026

4 dispatches · every item carries a primary source and independent corroboration.

Markets1 filed
Berkshire Hathaway to acquire homebuilder Taylor Morrison for $6.8bn ($72.50/sha
Photo: No Swan So Fine · via Wikimedia Commons · CC BY-SA 4.0
MARKETS · rates central banks · 2026-05-31SCOOP 78

Berkshire Hathaway to acquire homebuilder Taylor Morrison for $6.8bn ($72.50/share) in first deal under Abel

Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison Home Corp for $72.50 per share in cash, a transaction with an equity value of about $6.8 billion and a total enterprise value of roughly $8.5 billion including debt. The price represented about a 24% premium to Taylor Morrison's prior close (cited near $58.50 on May 29). The deal is the first major acquisition und

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Cyber1 filed
Pro-Iranian hackers tricked Meta's AI support bot into handing over high-pr
Krebs on Security
CYBER · state actors · 2026-05-31SCOOP 80

Pro-Iranian hackers tricked Meta's AI support bot into handing over high-profile Instagram accounts

Pro-Iranian hackers spent the last weekend of May seizing high-profile Instagram accounts by tricking Meta's AI support assistant into resetting their passwords, Brian Krebs reported. On May 31, word spread across several Telegram channels that Meta's AI bot would happily add a new email address to an existing account as part of its standard password-reset flow. A video circula

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Memos1 filed
Memos desk illustration
Generated desk illustration · not a photograph
MEMOS · leaked memos · 2026-05-31SCOOP 66

Norfolk Southern COO John Orr resigns for 'good reason' amid Union Pacific merger; Brian Barr named successor

Norfolk Southern disclosed in an 8-K that John Orr, Executive Vice President and Chief Operating Officer, notified the company on May 31, 2026 of his intention to resign for 'good reason,' citing proposed changes in the company's operations that would result in a diminution of his duties and responsibilities. The board accepted the good-reason resignation effective May 31, 2026

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Models1 filed
SoftBank Pledges Up to €75 Billion for 5 GW of AI Data Centers in France
SoftBank Group
MODELS · ai governance · 2026-05-31SCOOP 70

SoftBank Pledges Up to €75 Billion for 5 GW of AI Data Centers in France

SoftBank Group announced May 31 a commitment to develop and operate 5 gigawatts of AI data center capacity in France, an investment of up to €75 billion that marks the company's largest AI infrastructure commitment in Europe and the largest single foreign direct investment pledge in French history. A first phase comprising an initial €45 billion will deliver 3.1 GW of capacity

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