Brussels is taking its AI competition agenda straight to Silicon Valley. Reuters reports EU Competition Commissioner Teresa Ribera is in San Francisco for first-time meetings today with Google CEO Sundar Pichai, Meta CEO Mark Zuckerberg and OpenAI CEO Sam Altman. Amazon CEO Andy Jassy is scheduled to meet her tomorrow. Ribera said earlier this month she is reviewing the "entire AI stack", spanning chatbots, training data and cloud infrastructure. The trip follows existing probes into Google and Meta's business practices, and comes as EU regulators assess whether AWS and Microsoft Azure should be designated as gatekeepers under the Digital Markets Act. EU officials are focused on whether dominant firms are steering users toward their own AI services on their own platforms, potentially squeezing out rivals. With cloud, data, models and distribution increasingly concentrated, regulators are treating vertical integration as a possible route to market capture. The push arrives as the EU also reopens parts of its AI Act via an omnibus proposal that critics argue could water down safeguards, adding to an already complex regulatory landscape. Four CEOs, one regulator, one week: Europe's AI antitrust phase is underway.

Robinhood said it has approved a new $1.5B share repurchase program, marking an additional return-of-capital initiative as the company's stock has climbed nearly 80% over the past year.

Ireland's Criminal Assets Bureau (CAB) has gained access to a bitcoin wallet holding 500 BTC, marking its first concrete breakthrough in a broader case involving the seizure of bitcoin valued at about $378 million.

Robinhood's board has approved a new $1.5 billion share repurchase program, Reuters reported. The authorization follows an initial $1 billion buyback launched in May 2024, which was expanded by $500 million in April 2025. Shares are up nearly 80% over the past year, even as the broader software sector has sold off. Crypto trading was a key growth engine in 2024: notional volumes surged more than 400% year over year, reaching $71 billion in Q4 alone. The move underscores management's view that the market is undervaluing the company as it commits additional capital to retire its own stock.

Lido reported 2025 total revenue of $40.5 million, down 23% from a year earlier. Net staking fee revenue came in at $37.4 million, pressured by staking outflows and APR compression. The DAO is reviewing a possible LDO buyback program for Q2 2026 that would use protocol-generated staking rewards to purchase LDO on the open market and deploy it into an LDO/wstETH liquidity position. Total expenses fell 13% to $45.5 million. The treasury was approximately $157.5 million, about $14 million lower than in 2024.

CoinDesk Podcast Network highlights three developments: updated language in the proposed CLARITY Act would prohibit paying yield simply for holding stablecoins; BlackRock CEO Larry Fink is expressing optimism about tokenization; and InvescoUS is taking over management of a $900 million tokenized U.S. Treasury fund. @JennSanasie breaks down the key takeaways on CoinDesk Daily. CoinDesk Media Network x @Nexo.

The Washington Post reported that a prosecutor said the U.S. government does not have evidence that the Federal Reserve chair engaged in misconduct.

Bitcoin miner revenues slid 11% last month, but signs of forced selling remained limited. Exchange outflows increased just 1%, pointing to restrained distribution despite weaker profitability. VanEck data show miners' aggregate balances are down only 0.5% year over year, suggesting operators are largely holding onto reserves even as economics tighten and parts of the industry pivot toward AI.

Robinhood has authorized a $1.5 billion share buyback, following a run-up that has lifted the company's shares nearly 80% over the past year.