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September 4, 2025, 12:05 PM
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Jordan Novet / CNBC:
Atlassian agrees to acquire The Browser Company for $610M in cash, set to close by December; founded in 2019, the startup beta launched the Dia browser in June  —  Atlassian said it has agreed to acquire The Browser Co., a startup that offers a web browser with artificial intelligence features, for $610 million in cash.
Financial Times:
Despite a setback in the US DOJ's Google case, the Trump administration continues to pursue Big Tech antitrust cases while defending US tech companies overseas  —  Tough enforcement continues even as tech bosses court the president  —  Donald Trump has slapped down European tech rules and promised to slash regulation at home.
Steve Lohr / New York Times:
The US v. Google ruling signals a cautious antitrust approach by courts and a reluctance to intervene too deeply, ahead of other Big Tech antitrust rulings
Mark Gurman / Bloomberg:
Sources: Apple plans AI web search, World Knowledge Answers, for a spring 2026 Siri revamp; Apple and Google this week agreed to test a Gemini model for Siri  —  Apple Inc. is planning to launch its own artificial intelligence-powered web search tool next year, stepping up competition with OpenAI and Perplexity AI Inc.
Benj Edwards / Ars Technica:
Tencent releases HunyuanWorld-Voyager, an open-weights AI model that generates 3D-consistent video sequences from a single image, trained on 100K+ video clips  —  On Tuesday, Tencent released HunyuanWorld-Voyager, a new open-weights AI model that generates 3D-consistent video sequences from a single image …
France 24:
France's CNIL fines Google €325M and Shein €150M for using ad cookies without users' consent; Google says it is reviewing the decision, which involves Gmail  —  France's data protection authority on Wednesday issued record fines against search giant Google and fast-fashion platform Shein …
Sarah Perez / TechCrunch:
Roblox says it will expand age checks to all users of its communication tools by the end of 2025 using facial age estimation tech, IDs, and parental consent  —  Amid lawsuits alleging child safety concerns, online gaming service Roblox announced on Wednesday that it's expanding …
Micah Maidenberg / Wall Street Journal:
Amazon's Project Kuiper signs up JetBlue as its first airline customer to use its satellite internet for in-flight Wi-Fi in 25% of JetBlue's fleet from 2027  —  JetBlue plans to use Kuiper satellite internet on 25% of its fleet, with some passengers gaining access to the service in 2027
The Hill:
CEOs of Apple, Google, Meta, OpenAI, and others are expected to attend an AI event hosted by Melania Trump and dinner at the White House Rose Garden on Thursday  —  President Trump on Thursday will host two dozen high-profile tech and business leaders for the first event …
Mariella Moon / Engadget:
Switzerland launches Apertus, an open-source AI model trained on publicly available data across 1,000+ languages, in 8B- and 70B-parameter sizes on Hugging Face  —  Apertus was trained only on publicly available data, it said.  —  There's a new player in the AI race, and it's a whole country.
Dominic Preston / The Verge:
Samsung unveils the $650+ Galaxy S25 FE and the $800+ Tab S11 in 11" and 14.6" versions, offering thinner, lighter designs and modest spec bumps, shipping now  —  Oh, and did I mention they have AI? … If you've been eagerly awaiting Samsung's long-teased trifold phone …
Margaret Attridge / Courthouse News Service:
A US jury orders Google to pay $425M+ to plaintiffs in a 2020 class action lawsuit for collecting data even after they turned off Web & App Activity tracking  —  A class of nearly 100 million Google users claimed the tech giant secretly collected data even after they disabled data collection …
Lydia Beyoud / Bloomberg:
Polymarket CEO Shayne Coplan says Polymarket “has been given the green light to go live” in the US after the CFTC issued a no-action letter over event contracts  —  Polymarket, the crypto-based prediction market, has the regulatory approvals needed to launch in the US …
Reuters:
American Bitcoin closed up 16.5% in its Nasdaq debut on September 3, valuing Eric Trump and Donald Trump Jr.'s ~20% stake in the bitcoin mining company at $1.5B  —  A bitcoin company tied to President Donald Trump's two oldest sons more than doubled in value in its stock market debut on Wednesday …
Ashley Capoot / CNBC:
C3 AI reports Q1 revenue down 19% YoY to $70.3M, and names long-time tech executive Stephen Ehikian as CEO, replacing Thomas Siebel; C3 AI's stock drops 5%+  —  Shares of the enterprise artificial intelligence company C3 AI fell 14% in extended trading on Wednesday after it announced fiscal …
Michael Hirsh / Politico:
As the Pentagon races to deploy AI into its weapons systems, some experts fear humans can't keep up with models that prefer to escalate aggressively in a crisis  —  Jacquelyn Schneider saw a disturbing pattern, and she didn't know what to make of it.  —  Last year Schneider …
Emily Mason / Bloomberg:
Lead Bank, a 97-year-old Missouri bank rebuilt to serve fintech and crypto firms, raised $70M from a16z, Khosla Ventures, and others at a $1.47B valuation  —  Lead Bank, the 97-year old Missouri lender rebuilt to serve fintech and crypto firms, has raised $70 million at a $1.47 billion valuation …
Jennifer Pattison Tuohy / The Verge:
Philips Hue unveils a major product refresh at IFA 2025, including a $99 Hue Bridge Pro, updated $25+ smart bulbs, and the $170 Hue Secure, its first doorbell  —  The smart lighting company launches its most ambitious update yet, with a new Bridge Pro, more affordable smart bulbs …
Heather Somerville / Wall Street Journal:
The US Army awards a $98.9M contract to TurbineOne to deploy AI software that helps identify drones and other threats, processing all data on soldiers' devices  —  Infantry will use software from startup TurbineOne to identify drones and other threats, even when signals are jammed
Wall Street Journal:
Sources: xAI CFO Mike Liberatore left the startup around the end of July, after joining in April; xAI has seen several high-profile departures in recent weeks  —  Mike Liberatore departs after only a few months on the job  —  The chief financial officer of xAI has left the company …

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From Mediagazer

Thomas Buckley / Bloomberg:
Sources: Disney eyes laying off thousands, asking some managers to target 20% in annual cost savings, which could come from job cuts and expense reductions

Blake Brittain / Reuters:
The NYT, the New York Daily News, and others sue browser maker Brave for allegedly scraping their articles for AI training and letting users bypass paywalls

Laya Neelakandan / CNBC:
Versant reports Q3 revenue down 4% YoY to $1.59B, EPS of $0.34, vs. $0.05 est., platforms revenue up 10%, ad revenue down 5%, and reaffirms its FY 2026 guidance

More News

Earlier Picks

Jordan Novet / CNBC:
Figma reports Q2 revenue up 41% YoY to $249.6M, vs. $248.8M est., $28.2M net income, and forecasts Q3 and FY 2025 revenue above est.; FIG drops 20%+
CNBC:
Source: OpenAI is increasing the size of its secondary share sale from $6B to ~$10.3B, at a $500B valuation, in line with expectations, set to close in October
More: The Information and Benzinga
X: @drbarnard and @bgurley.  LinkedIn: MacKenzie Sigalos.  Bluesky: @edzitron.com.  Forums: r/OpenAI
Hayden Field / The Verge:
Scale AI sues former employee Eugene Ling and his current employer, Mercor, one of Scale's key competitors, for allegedly stealing 100+ confidential documents
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