| Himanshi Akhand / Reuters: |
Australia's ACCC says Google agreed to pay a AU$55M fine over deals with Telstra and Optus to preinstall only Google Search on Android phones from 2019 to 2021 — Australia's competition regulator said on Monday it has begun proceedings against Alphabet's Google (GOOGL.O) … | Bloomberg: |
Sources: the Trump administration is in discussions to take a stake of ~10% in Intel, converting some or all of Intel's $10.9B CHIPS Act grants into equity — The Trump administration is in discussions to take a stake of about 10% in Intel Corp., according to a White House official … | Debby Wu / Bloomberg: |
SoftBank buys Foxconn's Ohio EV plant; Foxconn will still run the plant and make AI servers as part of Softbank's $500B Stargate project with OpenAI and Oracle — Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what's in the running … | Bloomberg: |
Source: Oracle Chief Security Officer Mary Ann Davidson, who joined in 1988 and became the company's first CSO, is leaving as part of a recent reorganization — Oracle Corp.'s longtime chief security officer, one of the highest ranking women in the cybersecurity industry … | Financial Times: |
Sources: the EU and the US have delayed formalizing their trade deal partly over “non-tariff barriers”, like relaxing the DSA, which the EU sees as a red line — Document formalising last month's deal delayed by squabbles over language on ‘non-tariff barriers’, bloc's officials say| Zack Whittaker / TechCrunch: |
HR giant Workday says hackers stole an unspecified amount of personal information, like names and email addresses, from one of its third-party CRM platforms — Workday, one of the largest providers of human resources technology, has confirmed a data breach that allowed hackers … | Ben Bergman / Business Insider: |
Sources: Anthropic asked Menlo to use the VC firm's own capital for investment in the startup and not an SPV, as Menlo did in a previous funding round — - Anthropic is raising about $5 billion at a $170 billion valuation, BI confirmed. — The AI startup is being picky about the types … | Joseph Cox / 404 Media: |
Grok's website is exposing the underlying prompts for its AI personas, including one for a “crazy conspiracist” persona that spends “a lot of time on 4chan” — The website for Elon Musk's AI chatbot Grok is exposing the underlying prompts for a wealth of its AI personas … | Samantha Subin / CNBC: |
Google increases its stake in bitcoin miner and datacenter operator TeraWulf from 8% to 14%, bringing its total investment to ~$3.2B; WULF jumps 10%+ — TeraWulf stock rallied more than 10% after Google hiked its stake in the bitcoin miner and data center operator as it funds an expansion of its Lake Mariner, New York, facility.| Yan Zhuang / New York Times: |
Humanoid Robot Games highlighted robotics advancements but also limitations, with robots tripping over each other; one robot ran faster than many amateur humans — The Humanoid Robot Games in Beijing — featuring running, kickboxing and soccer — highlighted advancements in robotics. Limitations, too.| Marc Vartabedian / Wall Street Journal: |
NYC-based IVIX, which uses AI to help regulators detect financial fraud, raised a $60M Series B led by OG Venture Partners, bringing its total funding to $85M — IVIX, which sells its software to regulators around the world, is the latest beneficiary of venture interest in the once-shunned area of government contracts| Politico: |
A look at OpenAI's campaign over the past year to turn its for-profit arm into a public benefit corporation, led by a team of Democratic insiders in California — SAN FRANCISCO — Sam Altman, the driving force behind ChatGPT's meteoric rise, is running a team of veteran political operatives … | Max Buondonno / The Shortcut: |
Samsung announces the Galaxy Buds3 FE, with a new AirPods Pro-like design, improved ANC, and upgraded audio quality, launching September 4 for $149.99 — - 🎧 Samsung has announced its latest budget earbuds: the Galaxy Buds 3 FE — 🔇 The earbuds come with improved ANC and upgraded audio quality| Financial Times: |
Digital bank Monzo, which has 13M UK customers, plans to launch a mobile phone service; Revolut and Klarna, each with ~11M UK customers, announced similar plans — Digital bank is exploring launching its own digital sim and offering monthly contracts — Monzo is planning to launch …
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