TikTok Shop quietly rewrote its seller rulebook on May 1st. The Pentagon blacklisted Anthropic from classified AI contracts. Shopify reports Q1 earnings Monday May 5th. Walmart launched a B2B facilities services division. Wise confirmed its Nasdaq dual listing for May 11th. A Fortune report flagged that half of Google and Amazon's blowout Q1 AI profits came from non-cash accounting gains. And the IRS confirmed the 2026 Section 199A pass-through deduction thresholds. Seven stories every ecommerce operator needs to know today.
1. TikTok Shop rolled out three major seller policy changes on May 1st: Brand Qualification without a Letter of Authorization for resellers, Account Health Rating replacing the old Violation Points system, and a new disputed return process with a three business day filing window
2. Pentagon awarded classified-network AI contracts to SpaceX, OpenAI, Google, NVIDIA, Reflection, Microsoft, and AWS — Anthropic explicitly excluded after refusing unrestricted access for autonomous weapons and mass surveillance
3. Shopify reports Q1 2026 earnings Monday May 5th — analysts watching for EPS of 33 cents and 27% revenue growth, plus any signal on agentic shopping showing up in real GMV
4. Walmart launched Upstream Facility Services, a new B2B HVAC, electrical, and plumbing maintenance division now live in seven states — the real lesson is service margins beat retail margins every time
5. Fortune report: roughly half of Google and Amazon's blowout Q1 AI profits came from non-cash accounting gains on their Anthropic stakes — not from actual cloud or AI business cash flow
6. Wise confirms Nasdaq dual listing goes live May 11th — volumes grew 27% to £49.4B, active customers hit 18.9 million, full-year underlying income jumped 18% to £1.61B
7. IRS confirms 2026 Section 199A pass-through deduction thresholds: $197,300 single, $394,600 married filing jointly — up to 20% of qualified business income deductible for LLC and S-corp operators
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