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Reuters: The US Treasury sanctions Dubai-based unlicensed crypto exchange Shelbit, alleging it processed millions in crypto for IRGC and other Iran-linked groups — The United States on Friday sanctioned an…
Deborah Sophia / Reuters: Take-Two reports Q1 bookings down 3% YoY to $1.39B, vs. $1.38B est., forecasts Q2 and FY 2027 bookings below est., and highlights excitement for GTA VI's launch — Take-Two Interactive…
Who is liable when AI goes rogue? Lawyers see new risks Reuters
Reuters: The White House imposes a series of price floors and a 15% tariff on products made from polysilicon, a chip raw material primarily produced by China — The White House on Thursday imposed a series of…
ByteDance targets mega AI model that could match Mythos scale, FT reports Reuters
Nichiket Sunil / Reuters: Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April — Firmus said on Friday it had…
Reuters: Sources: Alibaba plans to ask heavy commercial users of its next Qwen open model for a share of revenue; Moonshot's Kimi K3 requires up to a 30% revenue share — Chinese technology giant Alibaba (9988.HK)…
Arunesh Sinha / Reuters: Atlassian reports Q4 revenue up 28% YoY to $1.77B, vs. $1.66B est., cloud revenue up 31% to $1.2B, forecasts Q1 revenue above est.; TEAM jumps 31%+ after hours — Collaboration software…
Koyena Das / Reuters: Instacart reports Q2 revenue up 14% YoY to $1.04B, GTV up 14% to $10.35B, above est., forecasts Q3 GTV and core profit above est.; CART jumps 8%+ after hours — Instacart (CART.O) forecast…
Reuters: Google and data: hackers used phone calls, phishing websites, and “meticulous” tactics to target dozens of US PE firms and other businesses over the past month — Ransom-seeking hackers who…
Anhata Rooprai / Reuters: SpaceX and Tesla plan to initially invest $16.8B to build Terafab in Grimes County, Texas; combined demand from SpaceX and Tesla is forecast to top 1 TW — SpaceX (SPCX.O) and Tesla…
Eduardo Baptista / Reuters: Filing: DeepSeek has invested ~$20.8M in Unitree Robotics' Shanghai IPO and agreed to jointly develop AI models for humanoid machines — Chinese artificial intelligence startup DeepSeek…
DeepSeek invests $20.8 million in Unitree's Shanghai IPO Reuters
Trump's tech ties blamed for AI inaction by MAGA Republicans and Democrats Reuters
OpenAI seeks dismissal of Apple's trade secrets lawsuit Reuters
Manya Saini / Reuters: Block reports Q2 revenue up 9% YoY to $6.62B, vs. $6.49B est., Cash App gross profit up 31% to $1.97B, and raises its FY 2026 gross profit forecast — Block (XYZ.N) raised its full-year…
Deborah Mary Sophia / Reuters: Figma reports Q2 revenue up 48% YoY to $370.1M, vs. $351.6M est., and lifts annual revenue forecast but keeps profit outlook intact; FIG drops 15%+ after hours — Figma (FIG.N) on…
Meta AI model hacks another company during testing Reuters
Akash Sriram / Reuters: Duolingo reports Q2 revenue up 18% YoY to $298.5M, paid subscribers up 17% to 12.7M, below est., forecasts Q3 revenue below est.; DUOL drops 11%+ after hours — Duolingo (DUOL.O) forecast…
Neil J Kanatt / Reuters: DoorDash reports Q2 marketplace gross order value up 36% YoY to $33.08B, vs. $32.08B est., and forecasts Q3 marketplace GOV and adjusted EBITDA above estimates — DoorDash (DASH.O) on…
Reuters: eBay reports Q2 revenue up 15% YoY to $3.13B, vs. $3.02B est., GMV up 15% to $22.4B, and forecasts Q3 revenue above estimates — EBay (EBAY.O) forecast third-quarter revenue above Wall Street estimates on…
Anthropic to build in-house chip design team for Claude, hire engineers Reuters
Deborah Sophia / Reuters: Shopify reports Q2 revenue up 34% YoY to $3.6B, above $3.45B est., GMV up 32% YoY to $115.6B, and forecasts Q3 revenue above est.; SHOP jumps 30%+ pre-market — Canada's Shopify…
Leo Marchandon / Reuters: Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI demand, as enterprises shift from experimentation to deployment — The AI boom was widely…
Reuters: Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the US — Shares of Chinese optical module makers such…
Reuters: Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs — Samsung Electronics and SK Hynix are…
China AI hardware stocks slump after news US plans to ban imports of Chinese components Reuters
OpenAI, Anthropic AI agents implicated in new security breaches Reuters
Reuters: SpaceX President Gwynne Shotwell says the company aims to build out ground-based infrastructure to complement its satellite network for “a true mobile service” — SpaceX (SPCX.O) said on…
Blake Brittain / Reuters: A US appeals court overturns a ruling that had temporarily barred Perplexity from using its agentic shopping tools on Amazon's platform — A U.S. appeals court on Tuesday overturned a…
OpenAI pays $3.2 million in US probe over hiring foreign workers Reuters
AI offers 'lifeline' for emerging economies, World Bank says Reuters
Jeffrey Dastin / Reuters: Anthropic names Mariano-Florentino Cuéllar, an ex-California Supreme Court justice and a special assistant in Obama's WH, as its first global affairs chief — Anthropic on Tuesday…
Reuters: Sources: the US is preparing to set a price floor and impose tariffs on polysilicon, a material critical to chips, later this month, in a bid to counter China — The Trump administration is preparing to…
Meta, Anthropic, Google, OpenAI to meet with Trump advisers amid rogue AI agent fallout Reuters
Jody Godoy / Reuters: New Jersey files an antitrust lawsuit against Amazon, alleging it abuses its dominance to impose low pay and poor conditions on independent delivery drivers — New Jersey sued Amazon.com on…
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnership Reuters
Is California reimagining WARN for the AI era? Reuters
Akash Sriram / Reuters: Obsidian Security, which helps companies secure AI agents, raised an $85M Series D at a $1.1B valuation, after raising a $90M Series C in April 2022 — Obsidian Security said on Tuesday it…
Obsidian Security raises funding at $1.1 billion valuation on AI security demand Reuters
Alexandra Alper / Reuters: Sources: the FCC is drafting a restriction on US imports of new models of Chinese data center optical transceivers, set to take effect upon publication in 2026 — The Trump…
Reuters: Bending Spoons agrees to acquire Airtable in an all-cash deal valuing the US software company at $1.285B, set to close by 2026-end, its first post-IPO deal — Bending Spoons (BSP.O) has agreed to buy…
Prestige beauty outpaces high-end bags as China's luxury spending evolves Reuters
Reuters: Filing: Apple asks a US judge for a preliminary injunction barring two former staff and OpenAI from accessing, acquiring, using, or disclosing confidential info — Apple on Monday asked a U.S. judge for a…
Apple seeks preliminary injunction against OpenAI in trade secrets case Reuters
Dietrich Knauth / Reuters: TikTok agrees to settle three more teen social media lawsuits ahead of trial; 2,600 cases with similar claims are pending in California federal court — TikTok has agreed to settle three…
Top Connecticut court warns lawyers on AI risks after fake citations Reuters
US House panel seeks briefing on OpenAI's AI agent security breach Reuters
Meta, Anthropic invited to meet with Trump officials about AI safety testing Reuters
Breakingviews - Big Tech’s circular AI trade grows too big to veil Reuters