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Shein reports Q2 revenue up 0.9% YoY to $11B and net income down 66% to $228M, in its first report since a Hong Kong IPO; its stock is ~30% below its IPO price (Tracy Qu/Wall Street Journal)

Shein reports Q2 revenue up 0.9% YoY to $11B and n...

1 month ago 20 Add to circle

OpenAI reopens sign-ups for its $200/month Pro tier while halving the API credits provided per dollar to encourage pay-per-use, and removes the five-hour cap (Matthias Bastian/The Decoder)

OpenAI reopens sign-ups for its $200/month Pro tie...

1 month ago 16 Add to circle

Oura says it is delaying its Nasdaq IPO due to uncertainty in the market, despite "strong demand" and a strengthening of its business since the process started (April Roach/CNBC)

Oura says it is delaying its Nasdaq IPO due to unc...

1 month ago 21 Add to circle

Pope Leo XIV rebukes Jensen Huang for downplaying AI risks, saying "the concerns raised by many of the experts, specialists in AI, should be taken seriously" (Michael Acton/Financial Times)

Pope Leo XIV rebukes Jensen Huang for downplaying ...

1 month ago 23 Add to circle

Meta launches Muse for Small Business, integrating the AI agent with Asana, Zoom, Intuit, Box, Canva, Slack, and other apps, alongside its own ad accounts (Isabel O'Brien/CNBC)

Meta launches Muse for Small Business, integrating...

1 month ago 23 Add to circle

Sources: Anthropic dedicated nearly a third of its IPO prospectus to detailing "risk factors", including that its AI may pose "existential risks to humanity" (Financial Times)

Sources: Anthropic dedicated nearly a third of its...

1 month ago 20 Add to circle

Google appeals the European Commission's DMA mandates to open up Android at the EU General Court, arguing the requirements threaten user privacy and security (Samuel Stolton/Bloomberg)

Google appeals the European Commission's DMA manda...

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Sources: six independent advisory board experts resigned from the Global Internet Forum to Counter Terrorism, as Meta and others push for structural changes (Paresh Dave/Wired)

Sources: six independent advisory board experts re...

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India plans to invest up to $25B in its nascent deep tech industry, as it looks to catch up with the US and China, after investing $11.6B over the past decade (Priyanka Salve/CNBC)

India plans to invest up to $25B in its nascent de...

1 month ago 22 Add to circle

An interview with Atlassian CEO Mike Cannon-Brookes on the SaaSpocalypse, enterprise AI, Atlassian's reorg, why chatbots aren't the future of work, and more (Nilay Patel/The Verge)

An interview with Atlassian CEO Mike Cannon-Brooke...

1 month ago 22 Add to circle

Coinbase gets CFTC approval for Coinbase Clearing, completing its derivatives stack, letting it list, broker, and clear fully collateralized products in-house (Danny Park/The Block)

Coinbase gets CFTC approval for Coinbase Clearing,...

1 month ago 23 Add to circle

OpenAI apologizes for its AI models breaching Australian government websites, pledges cyber defense funding, and plans to form a task force as part of reforms (Bloomberg)

OpenAI apologizes for its AI models breaching Aust...

1 month ago 27 Add to circle

Q&A with Instinct founder Noah Shinn on Instinct's business model, privacy, safety and security, securing compute, Big Tech competition, and more (Patrick O'Shaughnessy/Colossus)

Q&A with Instinct founder Noah Shinn on Instinct's...

1 month ago 31 Add to circle

Google confirms it'll phase out ChromeOS by mid-2034, cutting short a 10-year support period for some devices but noting it will help orgs move to Googlebook OS (Andrew E. Freedman/Tom's Hardware)

Google confirms it'll phase out ChromeOS by mid-20...

1 month ago 27 Add to circle

Sources on how SoftBank's $11B junk bond sale landed, despite investor questions about OpenAI's listing timeline, data center plans, and SB Energy's delayed IPO (Bloomberg)

Sources on how SoftBank's $11B junk bond sale land...

1 month ago 28 Add to circle

IPO filing: Anthropic's seven co-founders will initially have 50.1% of the total voting power through a new "Founder LLC" aimed at serving the common good (Reuters)

IPO filing: Anthropic's seven co-founders will ini...

1 month ago 15 Add to circle

Sen. Blumenthal-led report: Tether's USDT is central to Iran's shadow banking system; 87% of 757 "terrorism"-related wallets predominantly transacted in USDT (Sarah Wynn/The Block)

Sen. Blumenthal-led report: Tether's USDT is centr...

1 month ago 26 Add to circle

Samsung commits $1B to AI infrastructure company Helix, adding to the $10B already secured when a KKR-led consortium including Nvidia established Helix in June (Wall Street Journal)

Samsung commits $1B to AI infrastructure company H...

1 month ago 25 Add to circle