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August 3, 2025, 1:35 AM
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| Anthony Ha / TechCrunch: |
Lina Khan cites Figma IPO as vindication of M&A scrutiny, saying letting startups grow independently, rather than be acquired, can generate “enormous value” — A surprising figure is celebrating Figma's successful IPO: Lina Khan, former chair of the Federal Trade Commission.
More: Business Insider and Wall Street Journal
Mastodon: @SuffolkLITLab@esq.social. X: @linamkhan, @negrolibre1, @balajis, @silvermanjacob, @adityaag, @matthewstoller, @asglidden, @pascalthibeault, @balajis, @krishnanrohit, and @krishnanrohit. LinkedIn: Yuliya Chernova. Forums: Hacker News
| Allie Garfinkle / Fortune: |
The Marin Community Foundation sold 13.4M+ Figma shares for $440M+ in the IPO; source: the foundation had received the shares from Figma co-founder Evan Wallace — As Figma went public this week to much fanfare—and an almost instantaneous 250% stock pop—quite a few folks from Silicon Valley made money.
X: @ajs
| Wall Street Journal: |
Sources: the researcher who declined Zuckerberg's offer of a $1.5B+ package over six years is Thinking Machines co-founder and ex-Meta staffer Andrew Tulloch — The loyalties and larger-than-life figures prompting some people to turn down insanely lucrative offers in Silicon Valley right now
More: Spyglass, Livemint, and Financial Express
Bluesky: @rightardia. Mastodon: @jackhutton@mstdn.social. Threads: @tomwarrenuk. X: @kyliebytes, @yuchenj_uw, @object_zero_, @asynccollab, @dorialexander, @__paleologo, @kyliebytes, and @nearlydaniel
Forums: r/singularity, r/technology, and r/usyd
| Salvador Rodriguez / CNBC: |
An in-depth look at the rise of relationships between humans and AI companion chatbots on apps like Nomi, coinciding with a loneliness epidemic in the US — Nikolai Daskalov lives alone in a small house in rural Virginia. His preferred spot is a brown suede recliner in the middle …
X: @justalexoki, @helentheauthor, @stardustbunney, @drjenwolkin, and @dburgar
Forums: r/technews, r/Futurology, r/singularity, and r/technology
| Himanshi Lohchab / The Economic Times: |
Xpheno: Meta, Amazon, Apple, Microsoft, Netflix, Google, and their affiliates grew their combined India headcount by 16% over the past year, adding 28K+ jobs — Despite global layoffs, FAAMNG companies are expanding their India headcount, growing by 16% in the past year, driven by demand for AI, cloud, and cybersecurity skills.| Anne VanderMey / Bloomberg: |
How VCs are changing the way people learn about the tech industry, through a sprawling media ecosystem consisting of podcasts, newsletters, and streaming shows — Podcasts hosted by venture capitalists set the narrative in tech, changing the way that insiders—and everyone else—learn about the world of startups.| Zack Abrams / The Block: |
Arkham Intelligence claims to have uncovered a previously undisclosed heist of 127,426 BTC, now worth ~$14.5B, from Chinese mining pool LuBian in December 2020 — - Blockchain analytics platform Arkham Intelligence claims to have uncovered a heist of 127,426 BTC, now worth nearly $14.5 billion, from a Chinese mining pool in 2020.
More: Arkham, Arkham, Blockchain.News, BeInCrypto, Crypto Briefing, CoinGape, CoinDesk, and Cointelegraph
| Nina Bambysheva / Forbes: |
A profile of Robinhood CEO Vlad Tenev, whose personal fortune has surged 6x over the past year to $6.1B, as the company leans into tokenized stock derivatives — First Vlad Tenev blew up the brokerage industry's fee model. Now, thanks in part to his full-on crypto embrace … | Bloomberg: |
Thoma Bravo agrees to acquire a stake in Chicago-based capital markets industry SaaS provider Trading Technologies, sources say in a deal valued at over $1B — Buyout firm Thoma Bravo has agreed to acquire a stake in Trading Technologies International Inc. in a transaction valued at more than $1 billion …
More: Trading Technologies and Finextra
| Debby Wu / Bloomberg: |
Foxconn partners with Taiwan-based Teco for AI servers and other AI data center hardware, taking a 10% stake, while Teco gets a less than 1% stake in Foxconn — Hon Hai Precision Industry Co. formed a strategic alliance with Teco Electric & Machinery Co., a pact that should help … | Bloomberg: |
Cinven acquires a majority stake in Smart Communications from Accel-KKR; sources: the deal values the customer conversations platform at ~$1.8B including debt — Cinven has acquired a majority stake in UK technology firm Smart Communications from investment firm Accel-KKR.
More: Smart Communications and Bloomberg Law
| Washington Post: |
How Palantir has benefited since President Trump took office, securing new and expanded government contracts and becoming the S&P's top-performing stock of 2025 — From warfighting and tracking deportations to writing State Department cables with AI, the company is benefiting …
More: The Gateway Pundit, Wired, Tech in Asia, CNBC, The Register, Daily Caller News Foundation, UPI, Joe.My.God., Tech Xplore, and Investor's Business Daily
Bluesky: @couts, @reichlinmelnick, @crystal159, @icoll, and @kimlanelaw
| Jonathan Greig / The Record: |
SentinelOne researchers detail over 10 offensive cybersecurity patents filed by Shanghai Firetech, a company allegedly involved in Beijing's Silk Typhoon hacks — Researchers have discovered more than 10 patents for powerful offensive cybersecurity technologies filed by a prominent Chinese …
More: SentinelOne, The Hacker News, Cyber Security News, Infosecurity, The Register, Cyber Security News, and CSO
Bluesky: @campuscodi.risky.biz. X: @sentinelone, @dakotaindc, @labssentinel, and @caseyjohnellis. LinkedIn: Tom Hegel
| Wired: |
China's World AI Conference struck a stark contrast to Trump's America-first, regulation-light vision, focusing instead on global cooperation for AI safety — Behind closed doors, Chinese researchers are laying the groundwork for a new global AI agenda—without input from the US.Sponsor Posts
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Hard Fork:
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Channels with Peter Kafka:
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