| Financial Times: |
Tesla's Austin robotaxi service gets a limited launch, with ~10 Model Y vehicles and safety drivers; Elon Musk says initial users will pay “a $4.20 flat fee” — Self-driving technology on which Elon Musk has staked the future of his company debuts in Texas| Reuters: |
| Barbara Moens / Financial Times: |
Sources: Apple is locked in last-minute EU negotiations over App Store changes to avoid fines set for this week, and is expected to offer “steering” concessions — Tech group must make concessions to comply with Digital Markets Act or be hit by escalating levies from Thursday| Mark Gurman / Bloomberg: |
OpenAI says it has removed all marketing materials announcing its $6.5B acquisition of Jony Ive's io from the web due to a “baseless” trademark dispute lawsuit — Social media users noticed Sunday that a video and website hosted by OpenAI that announced the artificial intelligence … | Reuters: |
A senior US official says DeepSeek is aiding China's military and intel operations, going beyond open-source AI model access, and evading US export controls — AI firm DeepSeek is aiding China's military and intelligence operations, a senior U.S. official told Reuters … | Antonio G. Di Benedetto / The Verge: |
Google unveils new Gemini AI features, like select to search, for Chromebook Plus laptops like Lenovo's new $649+ 14" flagship with a MediaTek Kompanio Ultra — Features include select-to-search images and on-screen text, smart grouping of tabs and documents, and automated image editing.| Wired: |
Filing: Elon Musk's lawyers say he “does not use a computer” after OpenAI accused Musk of not complying with the discovery process in his lawsuit against OpenAI — The claim appeared in a court filing related to Elon Musk's ongoing lawsuit against Sam Altman and OpenAI.| MacKenzie Sigalos / CNBC: |
Anthony Pompliano's ProCap raised $750M+, including $235M in convertible debt, and is going public via a SPAC; the new firm aims to hold up to $1B in bitcoin — The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in.| Jody Godoy / Reuters: |
The FTC approves Omnicom's $13.5B acquisition of rival Interpublic on the condition that the new company does not boycott platforms over political content — Omnicom's (OMC.N) $13.5 billion acquisition of rival Interpublic (IPG.N) can move forward on the condition that the new company does … | Wall Street Journal: |
Behind Mark Zuckerberg's sweeping recruitment effort for Meta's new Superintelligence lab, including hundreds of reach outs and $100M+ offers and counter offers — In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent| Anna Tong / Reuters: |
| Jez Corden / Windows Central: |
Microsoft says it is testing a new aggregated gaming library in the Xbox PC app for Windows 11 with Xbox Insiders, integrating “leading PC storefronts” — Although the blog post doesn't say which PC stores are going to be integrated, at the very least, you'll be able … | Bloomberg: |
Super Micro plans to raise $2B from the sale of convertible bonds to repurchase shares, as well as to fund growth and business expansion — The San Jose, California-based firm plans to use the proceeds to repurchase shares, as well as to fund growth and business expansion, according to an announcement Monday.| New York Times: |
Study: only 32 countries, mostly in the Northern Hemisphere, host AI data centers, with the US, China, and the EU controlling 50%+ of the world's top facilities — Only 32 nations, mostly in the Northern Hemisphere, have A.I.-specialized data centers. — E.U. 28 — China — Other — Europe| Sahil Patel / The Information: |
Sources: Google reduces its Google TV and Android TV budget by 10% and cuts Android TV and Google TV's ~300 employees by up to 25%, as it focuses on YouTube — Google has cut its smart TV budget and trimmed its team—marking the most concrete signs yet of the company's waning interest competing … | Stephen Nellis / Reuters: |
Snowcap Compute, which is working on building AI computing chips using superconducting tech, raised a $23M seed and says Pat Gelsinger will join its board — Snowcap Compute, a startup working on building artificial intelligence computing chips using superconducting technology … | Anna Heim / TechCrunch: |
Amsterdam-based Finom, a neobank targeting SMBs, raised a €115M Series C led by AVP after raising €92.7M from General Catalyst in May — While funding may be scarce for some, Europe's fastest-growing startups still have their pick. — The latest beneficiary of that investor appetite is Finom … | Andrew Solender / Axios: |
Source: the US House's CAO informed congressional staffers that WhatsApp is now banned on their government devices as the app is deemed “a high-risk to users” — The U.S. House's chief administrative officer informed congressional staffers Monday that messaging app WhatsApp … | Emily Mason / Bloomberg: |
Fiserv aims to launch its own stablecoin by 2025's end, and partners with PayPal and Circle to develop new products for financial institutions and merchants — Fiserv aims to have its FIUSD stablecoin available for customers by the end of the year, the firm said in a statement Monday.
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| Prakhar Srivastava / Reuters: |
| Annie Palmer / CNBC: |
| Alexandra Sternlicht / Fortune: |