Send us Fan MailGoogle has dropped its pre-Marketing-Live bidding and budgeting update two weeks ahead of the 20 May livestream. Journey-Aware Bidding enters beta for Target CPA Search, Smart Bidding Exploration extends to Performance Max with product feeds and Shopping, and Demand-Led Pacing rolls out across Search and Shopping in the coming months. These are not features. They are removals of the manual levers performance teams still rely on for governance.Cloudflare announced the first mass layoff in its 16-year history alongside a record Q1: revenue $639.8M, up 34%, while cutting 1,100 staff, roughly 20% of headcount, on the explicit grounds that agentic AI made the work redundant. The stock fell 24%. The market is not punishing the cuts — it is punishing the margin profile that survives them.Qualcomm CEO Cristiano Amon told Fortune the company is working with "pretty much all" major AI players, naming OpenAI and Meta, on secret hardware that is not a phone — glasses, jewellery, pins, pendants. This is the most explicit on-record confirmation yet that the post-smartphone interface for AI agents is being engineered now, not five years out.OpenAI has expanded GPT-5.5-Cyber in limited preview to vetted defenders under its Trusted Access for Cyber programme. The model carries fewer guardrails, can generate and validate vulnerability exploitation plans against simulated systems, and ships with mandatory Advanced Account Security from 1 June. The commercial read is that frontier model access for security workflows is being tiered, gated and audited — not democratised.Watchlist: OpenAI's B2B Signals research sets a new internal benchmark — frontier firms now use 3.5x the AI intelligence per worker that typical firms do, up from 2x a year ago, and only 36% of that gap is explained by message volume. The rest is depth. Google Preferred Sources also expanded to all supported languages globally, a quietly important SEO signal as brand recognition becomes a discoverability lever.The pattern of the day: tooling is moving faster than governance. Bidding control is collapsing into AI-managed beta surfaces. Cost lines are being restructured around agents before measurement frameworks catch up. The interface itself is being redesigned around wearables before anyone has agreed what an "ad" looks like on a pin. The operator question this week is not which feature to test — it is which controls you still own.