| Bloomberg: |
Filing: Anthropic has agreed to pay $1.5B plus interest to resolve an authors' copyright lawsuit over the company's downloading of millions of pirated books — Anthropic PBC will pay at least $1.5 billion plus interest to resolve an authors' copyright lawsuit over the AI company's downloading … | Mike Scarcella / Reuters: |
Two authors file a proposed class action lawsuit against Apple, alleging Apple knowingly used a dataset of pirated books to train its AI models — Technology giant Apple (AAPL.O) was accused by authors in a lawsuit on Friday of illegally using their copyrighted books to help train … | Sri Muppidi / The Information: |
OpenAI told investors that it projects its cash burn this year through 2029 will rise to a total of $115B, about $80B higher than it previously expected — OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago.| Thomas Brewster / Forbes: |
Public records show C3 AI's Project Sherlock, its flagship contract to speed up policing in San Mateo County, has struggled with usability and other issues — San Mateo County pumped $12 million into a grand AI surveillance system made by billionaire Tom Siebel's C3 AI that was supposed to level up its police work.| Dominic Preston / The Verge: |
OnePlus ends its five-year partnership with camera company Hasselblad and plans to develop its own imaging engine called DetailMax Engine for upcoming phones — But Oppo and Hasselblad seemingly aren't. … From now on, OnePlus will develop its own imaging engine instead.| Sam Reynolds / CoinDesk: |
Data shows WLFI's sharp drop was driven by shorting and dumping across exchanges, not Justin Sun's token movements; WLFI blames phishing-related compromises — Onchain data shows WLFI's sharp drop was driven by shorting and dumping across exchanges - not Justin Sun's token movements … | Bloomberg: |
| Sankalp Phartiyal / Bloomberg: |
A look at the ramp up of Apple's retail footprint in India, as a source says Apple's revenue grew 13% YoY to $9B during India's fiscal year that ended in March — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.| Tim Higgins / Wall Street Journal: |
A book excerpt details Spotify's decade-long push against Apple's App Store commissions and steering rules, including pushing the EU to pass new antitrust laws — The music service's rebellion against an App Store ‘tax’ over the past decade has significantly weakened Apple's grip on the mobile world| Zaheer Kachwala / Reuters: |
Nvidia opposes the GAIN AI Act, saying the proposed US law forcing AI chipmakers to sell to US buyers first is “just another variation of the AI Diffusion Rule” — Nvidia (NVDA.O) said on Friday the AI GAIN Act would restrict global competition for advanced chips … | Belle Lin / Wall Street Journal: |
An analysis of US DOL data: the IT sector's unemployment rate fell from 5.5% in July to 4.5% in August, while active tech job postings declined 2.6% from July — Beyond the red-hot area of AI hiring, the job market for much of information-technology is still getting smaller, recent analysis shows| Nikkei Asia: |
Thailand, aiming to become the second-largest PCB production hub, is witnessing a tech manufacturing boom as the PCB supply chain shifts from China and Taiwan — BANGKOK — Some 60 kilometers north of Bangkok in the old capital of Ayutthaya, China's Victory Giant Technology is in the hectic final stages … | Kevin Breuninger / CNBC: |
After EU's fine ruling, Trump says he may “be forced” to start a trade investigation to nullify the unfair fines, totaling $16.5B for Google and $17B for Apple — - CNBC Councils — Supply Chain Values — CNBC on Peacock — Join the CNBC Panel — Ad Choices| Wall Street Journal: |
| Carl Franzen / VentureBeat: |
Alibaba debuts Qwen3-Max-Preview, its largest AI model with over 1T parameters, showcasing strong benchmark performance; the model is not open source — Chinese e-commerce giant Alibaba's “Qwen Team” of AI researchers has done it again. After a busy summer in which the AI lab released … | Financial Times: |
Source: Balderton Capital, one of Revolut's earliest VC backers, has sold ~$1B in shares through multiple transactions that valued the fintech company at $45B — Venture capital firm has sold hundreds of millions of dollars in UK fintech that has enjoyed explosive growth
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| Chandra R Srikanth / Moneycontrol: |
| Andrew J. Hawkins / The Verge: |
| Jordan Novet / CNBC: |
| Kalley Huang / The Information: |
| George Hammond / Financial Times: |