| Blake Brittain / Reuters: |
Sony sues Tencent for copyright and trademark infringement in California federal court, accusing the Chinese tech giant of ripping off its Horizon game series — Sony Interactive (6758.T) has sued Tencent (0700.HK) for copyright and trademark infringement in California federal court … | Jason Koebler / 404 Media: |
Internal memo: Meta is piloting AI-enabled coding interviews, letting candidates use AI during the process, and asks for “mock AI-enabled interview” volunteers — “This is more representative of the developer environment that our future employees will work in.”| Ben Lovejoy / 9to5Mac: |
Tea, which claims to make dating safer for women, is the #2 app in the US App Store, despite multiple security flaws exposing private chats, photo IDs, and more — Two major security vulnerabilities in the Tea app - which claims to make dating safer for women - have exposed the private chats … | Emanuel Maiberg / 404 Media: |
A second security breach at women's safety app Tea exposes 1.1M+ user messages, dating from early 2023 up to last week, many containing sensitive information — A second, major security issue with women's dating safety app Tea has exposed much more user data than the first breach we first reported … | Jess Weatherbed / The Verge: |
Adobe rolls out new generative AI features for Photoshop to let users more easily add or remove people and objects, including “Harmonize” compositing, in beta — Generative AI is rapidly eroding the photo editing skill barrier. … Adobe is launching some new generative AI features … | Kif Leswing / CNBC: |
Apple plans to open the Apple Manufacturing Academy in Detroit in August, run by Michigan State University, as Trump ramps up pressure to invest in the US — Faced with intensifying pressure from President Donald Trump to bring more jobs to the U.S., Apple is opening a manufacturing program in downtown Detroit.| AnnaMaria Andriotis / Wall Street Journal: |
Sources: JPMorgan Chase is in advanced talks to take over Apple's credit-card program from Goldman Sachs, with Apple telling JPMorgan it is its preferred choice — Discussions between the country's biggest bank and Apple accelerated in recent months — JPMorgan Chase is in advanced talks … | Katherine Sayre / Wall Street Journal: |
Spotify reports Q2 revenue up 10% YoY to €4.2B, MAUs up 11% YoY to 696M, subscribers up 12% YoY to 276M, and an €86M net loss; SPOT drops 9%+ after missing est. — The audio streaming service added more listeners than it had forecast, but reported a net loss for the second quarter| Dave Michaels / Wall Street Journal: |
Sources: the US DOJ fired two of its most senior antitrust enforcers after disagreements related to defusing its lawsuit against HPE over its $14B Juniper deal — Dismissals come after disagreements over settling case against HPE, which hired allies of President Trump| Natalie Lung / Bloomberg: |
Waymo plans to launch its robotaxi service in Dallas in 2026 with Avis as the fleet partner, a first after exclusively working with Uber in Austin and Atlanta — Alphabet Inc.'s Waymo plans to launch robotaxi service in Dallas next year in partnership with Avis Budget Group Inc. … | MacKenzie Sigalos / CNBC: |
PayPal reports Q2 net revenue up 5% YoY to $8.3B, vs. $8.08B est., TPV up 6% YoY to $443.5B, transactions down 5% YoY to 6.2B, active accounts up 2% YoY to 438M — PayPal reported better-than-expected results for the second quarter but saw slowing growth in transaction margin dollars, a key measure of profitability.| Reuters: |
Sources: Nvidia ordered 300K H20 chips from TSMC last week, adding to its 600K to 700K inventory, amid strong China demand after the US cleared H20 chip sales — Nvidia (NVDA.O) placed orders for 300,000 H20 chipsets with contract manufacturer TSMC (2330.TW) last week, two sources said … | Anthony Hughes / Bloomberg: |
Sources: Figma's IPO, which could raise as much as $1.2B after Figma raised its range to $30 to $32 per share on July 28, is approaching 40 times oversubscribed — Figma Inc.'s US initial public offering is approaching 40 times oversubscribed, according to people familiar with the matter … | Bloomberg: |
Sources: Microsoft is in advanced talks to land a deal that could give it ongoing access to critical OpenAI tech even if OpenAI reaches its goal of building AGI — Tell us how AI is shaping your news experience. Share your feedback — Microsoft Corp. is in advanced talks to land a deal … | Lauren Thomas / Wall Street Journal: |
Sources: Palo Alto Networks is in talks to acquire Israeli cybersecurity company CyberArk Software; a typical premium could put the deal well above $20B — Deal for Israeli firm would be latest in big tech's cybersecurity consolidation — Palo Alto Networks is in talks to acquire … | MacKenzie Sigalos / CNBC: |
Block-owned Cash App unveils Pools, a new peer-to-peer feature for group payments, and says users can accept contributions via Apple Pay or Google Pay, a first — Cash App is going on the offensive in peer-to-peer payments. — The Block-owned payments platform on Tuesday unveiled Pools … | Associated Press: |
A survey of US adults: only ~40% report using AI for work and 60% say they use AI to find information at least some of the time, rising to 74% of under-30s — Most U.S. adults say they use artificial intelligence to search for information, but fewer are using it for work, drafting email or shopping.| Ryan Weeks / Bloomberg: |
Chinese crypto mining hardware maker Bitmain plans to open a new HQ and assembly line in either Texas or Florida by the end of Q3 and start production in 2026 — Tell us how AI is shaping your news experience. Share your feedback — Bitmain Technologies Ltd., the world's largest manufacturer … | Michael Nuñez / VentureBeat: |
Sparrow, which uses AI to consolidate fragmented leave management processes, raised a $35M Series B led by Silver Lake Waterman, for $64M in total funding — Sparrow, the employee leave management technology company, announced Tuesday it raised $35 million in Series B funding led by Silver Lake Waterman … | Jonathan Vanian / CNBC: |
Sources: Mark Zuckerberg mulls more shake-ups to Meta's AI strategy; he lost faith in Meta's AI team during the controversy over allegations it gamed benchmarks — Over the years, Meta has built a reputation for using rivals' innovations to bolster its technology.| RT Watson / The Block: |
eToro says it's launching tokenized US equities, ETF, and futures trading via ERC-20 tokens, citing regulatory clarity from the US' Genius Act and the EU's MiCA — - Crypto and stock trading platform eToro said it is launching trading of tokenized U.S. equities, ETFs, and futures.| Brunella Tipismana Urbano / Bloomberg: |
Ambience Healthcare, which uses AI to automate administrative tasks for medical professionals, raised $243M led by a16z and Oak HC/FT at a $1B+ valuation — Ambience Healthcare Inc., an artificial intelligence startup focused on streamlining administrative work for medical professionals … | Bloomberg: |
Sources: Quince, a DTC luxury brand that is viral on Instagram and TikTok, raised ~$200M led by Iconiq at a $4.5B valuation, after raising $120M in January 2025 — Investment firm Iconiq is leading a roughly $200 million investment in the direct-to-consumer fashion startup.| Bloomberg: |
Filing: Bit Digital-owned AI infrastructure company Whitefiber seeks to raise $132.8M in an IPO, selling 7.8M shares for $15 to $17 for an up to $593M valuation — Whitefiber Inc., an artificial intelligence infrastructure subsidiary of crypto treasury firm Bit Digital Inc. …
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