Axios

It's been over a decade since celebrities, brands and everday people were posting videos of themselves on the internet being doused with buckets of ice to raise awareness about ALS.

Driving the news: Students from the University of South Carolina revived the trend last month in support of mental health.

Nintendo Switch 2 preorders quickly sold out on Target, Walmart and Best Buy early Thursday, and now GameStop may be the last hope to order the hotly anticipated consoles.

• GameStop starts its online orders at 11am ET. (See more below.)

Why it matters: Preorders for Nintendo's Switch sequel were delayed by two weeks in early April amid tariff uncertainty.

Social media users complain that there's way too much "AI slop" in their feeds today, but one person's slop is another's cool new meme or funny post.

Why it matters: Blanket disdain for AI content is less and less useful in a world where AI is part of every digital tool and system.

Director of National Intelligence Tulsi Gabbard said she made two criminal referrals over alleged classified information leaks and a third one is "on its way."

The big picture: The Trump administration has moved to crack down on leaks to journalists in recent weeks following a series of explosive reports, with the Pentagon firing three top officials after an internal investigation into "unauthorized disclosures" of national security information.

Consumers lost more than $16 billion to scammers and cybercriminals last year, according to new FBI data published Wednesday.

Why it matters: That's a 33% increase from the total that people lost in 2023, indicating that scammers are getting better at tricking victims despite law enforcement, government and industry investments.

Boeing early last year was at yet another low point, after it was revealed that part of an Alaska Airlines plane had blown off mid-flight because of missing bolts.

• That incident may have been the genesis of Boeing's decision to sell most of its digital aviation business to private equity firm Thoma Bravo for $10.55 billion, which was announced Tuesday.

OpenAI would be interested in buying Chrome, if Google is forced to sell the browser as a remedy to its antitrust violations, OpenAI's head of product said yesterday in court.

Why it matters: This could solve one antitrust problem and begin building another.

Domino Data Lab will spearhead artificial intelligence efforts for the U.S. Navy's Project AMMO following a $16.5 million deal.

The big picture: The award — made through the APFIT program, designed to accelerate procurement of innovative technologies — comes amid growing pressure inside and outside the Pentagon to smartly adopt software.

Innovation is a weapon. But in a defense world pockmarked by delays, it typically doesn't come fast or cheap.

Why it matters: The largest leaps ahead are accomplished by butting heads with the hardest problems.

• And, oftentimes, whoever corners a market as it emerges sets its rules.