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Amazon says Leo reached 396 satellites in low-Earth orbit following a recent launch, which is "enough to support continuous service across initial latitudes" (Thomas Ricker/The Verge)

Amazon says Leo reached 396 satellites in low-Eart...

1 month ago 6 Add to circle

German software giant SAP says it is encouraging workers to invent new, more valuable jobs aided by AI, in a bid to avoid layoffs; SAP cut ~10K staff in 2024 (Jim Tankersley/New York Times)

German software giant SAP says it is encouraging w...

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The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks (Joe Warminsky/The Record)

The US DOJ says Peter Stokes, a 19-year-old dual U...

1 month ago 11 Add to circle

President Trump says Micron will invest $250M in Trump Accounts; Micron says it will come via an employee matching program and a $250 deposit in some US states (New York Times)

President Trump says Micron will invest $250M in T...

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Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked (Samantha Elkins/NBC News)

Cloudflare sets a September 15 deadline for AI com...

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Germany-based Quantum Systems, which sells surveillance drones used by Ukraine, raised $1.2B led by Blackstone, Noteus, Airbus, and Advent at an ~$8B valuation (Yazhou Sun/Bloomberg)

Germany-based Quantum Systems, which sells surveil...

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An interview with Amazon SVP of Devices Panos Panay on designing custom chips for Echo and Fire TV devices, experimenting with AI-enabled gadgets, and more (Arjun Kharpal/CNBC)

An interview with Amazon SVP of Devices Panos Pana...

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The European Court of Justice rules that Google's earlier defeat against a €4.1B European Commission penalty over abusing Android market power should stand (Bloomberg)

The European Court of Justice rules that Google's ...

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A look at the CSOP SK Hynix Leveraged ETF, which trades in Hong Kong and has ballooned into a $13B fund, becoming the world's largest single-stock leveraged ETF (Bloomberg)

A look at the CSOP SK Hynix Leveraged ETF, which t...

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A survey of US adults finds 56% support banning social media for under-16s, while 21% oppose; majorities across demographic and partisan groups support a ban (Pew Research Center)

A survey of US adults finds 56% support banning so...

1 month ago 16 Add to circle

Nansen: about two-thirds of Trump's memecoin investors are currently in the red, and 85% of World Liberty's $WLFI buyers on the secondary market are underwater (Wall Street Journal)

Nansen: about two-thirds of Trump's memecoin inves...

1 month ago 14 Add to circle

UK lawyers say the tide of AI-assisted employment claims is straining an already overloaded employment tribunal system, whose backlog has doubled in two years (Delphine Strauss/Financial Times)

UK lawyers say the tide of AI-assisted employment ...

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CarbonSix, which is developing AI automation and robotic intelligence tech for manufacturing, raised a $40M Series A co-led by DSC Investment and LB Investment (FinSMEs)

CarbonSix, which is developing AI automation and r...

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Indian IT company Persistent Systems offers to acquire its Germany-based peer Nagarro for $1.45B; Indian IT companies are ramping up M&A as AI reshapes growth (Sayan Chakraborty/Nikkei Asia)

Indian IT company Persistent Systems offers to acq...

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An EU draft proposal dated June 30 shows the bloc is weighing weaker climate impact rules for gas-powered data centers, after heavy lobbying from tech groups (Financial Times)

An EU draft proposal dated June 30 shows the bloc ...

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Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program (Phoebe Liu/The Information)

Nvidia promises to financially backstop young clou...

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Sources: OpenAI has discussed giving a 5% stake to the US government as the company seeks to clear political obstacles by securing buy-in from the Trump admin (Financial Times)

Sources: OpenAI has discussed giving a 5% stake to...

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Sources: data center operator Switch seeks a ~$2B funding round valuing the company at ~$50B, including debt, led by a $400M investment from Andreessen Horowitz (Bloomberg)

Sources: data center operator Switch seeks a ~$2B ...

1 month ago 11 Add to circle