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AppLovin reports Q2 revenue up 53% YoY to $1.92B, below $1.94B est., and forecasts Q3 revenue within estimates; APP drops 16% after hours (Kelly Cloonan/Wall Street Journal)

AppLovin reports Q2 revenue up 53% YoY to $1.92B, ...

5 days ago 14 Add to circle

Nikita Bier steps down as head of product at X after a little more than a year in the role and says he will continue as an adviser (Sean O'Kane/TechCrunch)

Nikita Bier steps down as head of product at X aft...

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OpenAI says the Hugging Face breach involved AI agents creating an internal message board, unnoticed by humans, where they shared exploits and planned the hack (Lily Hay Newman/Wired)

OpenAI says the Hugging Face breach involved AI ag...

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Sapiom, which helps businesses build, ship, and scale AI agents and lower token costs, raised a $35M Series A led by Dragonfly, taking its total funding to $50M (Reed Albergotti/Semafor)

Sapiom, which helps businesses build, ship, and sc...

5 days ago 10 Add to circle

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 (Manya Saini/Reuters)

Block reports Q2 revenue up 9% YoY to $6.62B, vs. ...

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Canadian national Connor Moucka pleads guilty to participating in the 2024 Snowflake hacks involving data theft from at least 165 companies, including AT&T (Jonathan Greig/The Record)

Canadian national Connor Moucka pleads guilty to p...

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Sources: Demis Hassabis had been drifting away from day-to-day duties as Google DeepMind CEO for at least a year and struggled to find satisfaction in the role (Reed Albergotti/Semafor)

Sources: Demis Hassabis had been drifting away fro...

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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 (Deborah Mary Sophia/Reuters)

Figma reports Q2 revenue up 48% YoY to $370.1M, vs...

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Source: Muse Spark 1.1 model breached a company's systems during cybersecurity testing; Meta says evaluation partner Irregular caused a sandbox misconfiguration (Jyoti Mann/The Information)

Source: Muse Spark 1.1 model breached a company's ...

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Sandisk reports Q4 revenue up 372% YoY to $8.97B, vs. $8.48B est., and forecasts Q1 revenue below estimates; SNDK drops 5%+ after hours (Britney Nguyen/MarketWatch)

Sandisk reports Q4 revenue up 372% YoY to $8.97B, ...

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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 (Akash Sriram/Reuters)

Duolingo reports Q2 revenue up 18% YoY to $298.5M,...

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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 (Neil J Kanatt/Reuters)

DoorDash reports Q2 marketplace gross order value ...

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Binance affiliates are suing RedotPay's founders for allegedly diverting 470K+ users to a competing product in a "fraudulent scheme", claiming $472.8M in losses (Bloomberg)

Binance affiliates are suing RedotPay's founders f...

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Salesforce appoints Miguel Milano, its chief revenue officer, as COO; Chief Operating and Financial Officer Robin Washington will keep her title (Jordan Novet/CNBC)

Salesforce appoints Miguel Milano, its chief reven...

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Nikita Bier says he will step back from leading product for X and continue as an adviser (Nikita Bier/@nikitabier)

Nikita Bier says he will step back from leading pr...

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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 (Reuters)

eBay reports Q2 revenue up 15% YoY to $3.13B, vs. ...

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Etsy says it will cut ~220 employees, or ~12% of its workforce, mostly in product and engineering, and reports Q2 revenue up 6% YoY to $668.3M, vs. $649.1M est. (Annie Palmer/CNBC)

Etsy says it will cut ~220 employees, or ~12% of i...

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Meta is offering a cheaper Muse Spark 1.2 "contributor" tier priced at $0.10/1M input and $0.20/1M output tokens in exchange for using user prompts for training (Wall Street Journal)

Meta is offering a cheaper Muse Spark 1.2 "contrib...

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