| Richard Lawler / The Verge: |
X says the company fixed a bug that prevented the service from displaying many images from before 2014 over the weekend, and that “no images or data were lost” — Over the weekend, word spread about a problem affecting old tweets, and eventually, we narrowed it down to anything posted … | Ronan Farrow / New Yorker: |
Interviews with 30+ of Elon Musk's colleagues and dozens of others detail his growing power, childhood, career, politics, role in Russia's Ukraine war, and more — How the U.S. government came to rely on the tech billionaire—and is now struggling to rein him in.| Craig Trudell / Bloomberg: |
| CNBC: |
SoftBank's Arm files to list on the Nasdaq and reports $524M net income on $2.68B in FY 2023 revenue, down 1% YoY from $2.7B; the company wants the ticker ARM — - Arm, which is owned by SoftBank, filed on Monday to list on the Nasdaq. — The U.K.-based chipmaker is looking to go public during … | Leo Schwartz / Fortune: |
Coinbase takes a “small” equity stake in Circle for the first time, as the companies close the Centre Consortium, which previously governed the USDC stablecoin — On Monday, Coinbase and Circle, the two companies behind USD Coin, settled on new terms that would change the governance … | Miles Kruppa / Wall Street Journal: |
YouTube and Universal Music Group partner to explore new products, using music in AI tools, and paying artists whose work is used to make AI-generated content — YouTube has recruited Frank Sinatra's estate and other Universal Music Group UMG .39%increase; green up pointing triangle acts … | Reuters: |
Sources: cybersecurity company SentinelOne, whose stock is down ~80% over the past two years, has been exploring options, including a sale; the stock jumps 15%+ — SentinelOne Inc (S.N), a cybersecurity company with a market value of $4.2 billion, has been exploring options that could include a sale … | Shaurya Malwa / CoinDesk: |
Friend.tech, which lets people use crypto to buy “shares” of X accounts, hits 100K users, per a database of wallet addresses that has raised privacy concerns — The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.| Financial Times: |
Nvidia's A800 and H800 chips, hobbled for the Chinese market to meet US export rules, have seen huge demand as they more powerful than anything else before 2023 — Nvidia's processors are weakened for the Chinese market, but are still more powerful than the alternatives| Sarah Perez / TechCrunch: |
Apple adds Subscription Analytics to Podcasts, adds more hosts to Delegated Delivery, and integrates its podcast analytics into Linkfire's marketing platform — Apple announced today several new updates to its podcast creator tools, including, most notably, the addition … | Dana Hull / Bloomberg: |
Maine's attorney general says Tesla's May 2023 data breach impacted 75,735 people, included employee-related records, and was a result of “insider wrongdoing” — - Data breach included employee-related records, Maine AG says — Tesla says two former employees shared info with Handelsblatt| Jordan Novet / CNBC: |
Zoom Q2: revenue up 3.6% YoY to $1.14B, vs. $1.12B est., net income up 298% YoY to $182M, enterprise customers up 1% QoQ to ~218.1K, and raises FY 2024 guidance — - Zoom surpassed expectations on the top and bottom lines and pushed up full-year guidance. — During the quarter Zoom … | Chris Metinko / Crunchbase News: |
Genesis Therapeutics, which uses AI to discover and develop small-molecule drugs, raised a $200M Series B co-led by a16z, bringing its total funding to $280M — Artificial intelligence and biotech are two of the sectors that have been able to buck the current sluggish pace of venture capital spending.| Christine Hall / TechCrunch: |
Los Angeles-based Ghost, a B2B surplus inventory marketplace with 1,000+ members, raised a $30M Series B led by Cathay Innovation and aims for Europe and Asia — Ghost, providing a B2B marketplace for surplus inventory, is back with fresh funds in the way of a $30 million Series B round.
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| Dayana Mustak / Bloomberg: |