| Ellen O'Regan / Politico: |
The European Commission considers simplifying the 2009 rule that plastered the internet with cookie consent banners, as it seeks to reduce regulatory burdens — In a bid to slash red tape, the European Commission wants to eliminate one of its peskiest laws: a 2009 tech rule that plastered … | Brody Ford / Bloomberg: |
Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries — Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus … | Axios: |
White House says TikTok's new US entity would lease a copy of ByteDance's algorithm, which Oracle would retrain; US users wouldn't need to re-download the app — TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China … | Erin Doherty / CNBC: |
| Ina Fried / Axios: |
Google DeepMind updates its Frontier Safety Framework to account for new risks, including the potential for models to resist shutdown or modification by humans — Google DeepMind said Monday it has updated a key AI safety document to account for new threats — including the risk … | Manish Singh / India Dispatch: |
The $100K+ H-1B fee could accelerate offshoring as tech companies route work to India and other countries rather than bringing engineers to the US — The U.S. will charge companies $100,000 for each new foreign tech worker under an initiative officials call Project Firewall … | Digiday: |
The US v. Google ad tech trial, in which a judge ruled that the company illegally monopolized the digital ad market, begins its remedies phase — The ad tech trial many thought would go nowhere has done the unthinkable: it delivered. Judge Leonie Brinkema ruled that Google illegally monopolized … | Bloomberg: |
Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year — Oura Health Oy, the maker of the popular Oura health and fitness ring, is closing in on a roughly $11 billion valuation after selling about 3 million rings over the past year.| Mary Ann Azevedo / Crunchbase News: |
AppZen, which builds AI-powered tools to automate finance functions, raised a $180M Series D led by Riverwood Capital, bringing its total funding to $290M — AppZen, which has built an agentic AI platform for finance teams, has raised $180 million in a Series D round, the company told Crunchbase News.| Financial Times: |
A look at the data center cluster in the Chinese city of Wuhu, where 15 companies, including Huawei, have built data centers with a total investment of $37B — Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy.| Wall Street Journal: |
How Seattle, transformed into a tech hub by Amazon and Microsoft's explosive growth, is grappling with the companies' layoffs affecting local economy — Amazon and Microsoft remade the Seattle area. Now its economy is feeling the pain of the industry's pullback.| Vitalik Buterin / Vitalik Buterin's website: |
| Courtney Rozen / Reuters: |
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and OpenAI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama … | Maggie Shiltagh / Bloomberg: |
Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline — Nordic power companies stand to win big from Europe's data-center boom, as cool weather and lower power prices entice more mega-projects northward.| Emily Mason / Bloomberg: |
Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 — Cardless, a co-brand credit-card startup, raised $60 million in fresh venture funds to add features and build programs with name-brand clients …
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