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Jersey Mike’s IPO illustrates how bad the AI hype has become
Just for kicks, I took a look at Jersey Mike's IPO documents. Surely a sandwich shop would have no need to mention AI. But lo …
A warning sign about AI’s real cost, courtesy of Google and Amazon
AI has made it a lot harder for tech companies like Amazon and Google to deliver on their net-zero pledges.
Meta quietly launches vibe-coded gaming app Pocket
Meta has quietly launched Pocket, an experimental AI app that lets users generate and share interactive mini games using text prompts.
Travel app Hopper to pay $35M in FTC settlement over ‘unfairly’ charging …
Hopper will pay $35 million to settle FTC allegations that it used deceptive “dark patterns” to hide fees and mislead travelers about the costs and …
Anthropic is discussing a new custom chip with Samsung
The news comes about a week after OpenAI announced its own custom AI chip in a partnership with Broadcom.
Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs, including Melinda French Gates’ Pivotal Ventures.
OpenAI proposed donating 5% of its equity to a US sovereign wealth …
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public …
Popular TV-tracking app TV Time is shutting down as company focuses on …
TV Time, the popular TV-tracking app, is shutting down on July 15 as parent company Whip Media pivots toward enterprise AI products.
Lucid Motors’ CFO is out as its new CEO continues leadership shakeup
The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected.
US government says it got hacked — again
A top Democrat on the Senate's Intelligence Committee warned that the information accessed on a Homeland Security intelligence-sharing network may risk national security.
Microsoft launches its own AI deployment company with $2.5 billion commitment
Microsoft follows Amazon, OpenAI, and Anthropic with its new AI deployment group.
Tesla saw a massive sales jump in the second quarter
The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.
Rivian raises EV sales forecast as Q2 production ramps up
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV …
Indian tech tycoon bets $30M of his own money to build AI …
Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office, Google Apps with AI.
Apple is reportedly planning new iPad Pro and MacBook Pro releases early …
Apple is readying several new iPad Pro tablets and a budget-friendly MacBook Pro, reports suggest.
Bending Spoons defies SaaS slump, surges 40% on first day of trading
The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo.
After $18B IPO, Bending Spoons founder says success comes from minimizing luck
The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup's failure.
WhatsApp usernames are already raising impersonation red flags
Meta says usernames improve privacy, but critics question whether its safeguards can prevent impersonation.
Apple’s Hide My Email feature has a bug that’s been exposing real …
Research appears to reveal a bug that could render the feature effectively useless.
SpaceX has an AI device prototype, and it sure sounds phone-ish
SpaceX reportedly showed investors a "handset-like" AI device before going public. It could be another signal SpaceX wants to expand into wireless.
Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan …
Sound built its reputation on concentrated, high-conviction bets in category-leading AI labs, while Kutcher's new fund appears to be chasing the layer underneath those companies …
Neocloud Together AI raises $800M, leaps to $8.3B valuation
The AI neocloud provider, which specializes in hosting open source models, last raised at a $3.3 billion valuation in early 2025.
Lime begins life as a public company after years of uncertainty
The nine-year-old scooter and bike-share company has said it needs the funds to help pay down around $1 billion in liabilities.
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