| Joseph De Avila / Wall Street Journal: |
Eric Schmidt says he “misspoke” when he said Google was losing the AI race because the company decided that “working from home was more important than winning” — Ex-Google CEO had said the tech company's work-life balance was ‘more important than winning’| Andy Greenberg / Wired: |
Google says Iran-backed hacking group APT42 has targeted the Trump and Biden campaigns, as well as Israeli military, government, and diplomatic organizations — APT42, which is believed to work for Iran's Revolutionary Guard Corps, targeted about a dozen people associated with both Trump … | Reuters: |
New Zealand signs an extradition order for Kim Dotcom to the US, where he faces criminal charges related to Megaupload; Dotcom has fought extradition since 2012 — Kim Dotcom, who is facing criminal charges relating to the defunct file-sharing website Megaupload, will be extradited … | Mark Gurman / Bloomberg: |
Sources: Apple is prioritizing developing a tabletop home device with an iPad-like display and a robotic limb, aiming for a release in 2026 or 2027 for ~$1,000 — - Executive who oversaw car project is leading the effort — Device would offer twist on home products from Amazon and Meta| Bill Toulas / BleepingComputer: |
Unit 42: open-source projects from Google, Microsoft, AWS, and others leaked GitHub auth tokens via GitHub Actions; GitHub decided not to address the risk — Multiple high-profile open-source projects, including those from Google, Microsoft, AWS, and Red Hat, were found … | Financial Times: |
Sources: SoftBank held talks with Intel about making an AI chip to compete with Nvidia, but Intel couldn't meet the demands; SoftBank is now talking to TSMC — Son hopes to put Japanese group at centre of artificial intelligence boom but talks with US chipmaker failed to progress| Danny Gallagher / Engadget: |
The US FTC announces a final rule banning the sale of fake reviews and testimonials, including AI-generated ones, with fines as high as $50K per violation — The new rules prohibit the selling of fake and AI-generated reviews and testimonials in several forms.| Kenrick Cai / Reuters: |
Google expands AI Overviews in Search to Brazil, India, Indonesia, Japan, Mexico, and the UK in local languages, and adds hyperlinks to the feature — Google parent Alphabet (GOOGL.O) said on Thursday it was expanding its AI-generated summaries for search queries to six new countries … | Chris Welch / The Verge: |
Sources: Sonos is considering relaunching its old mobile app as it works to improve the redesigned version, which launched in May 2024 to widespread criticism — Sonos has explored the possibility of rereleasing its previous mobile app for Android and iOS — a clear sign of what an ordeal the company's hurried redesign has become.| Ari Levy / CNBC: |
Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it is cutting 7% of its global workforce, or 4,000 jobs; CSCO jumps 5%+ — Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce … | Adi Robertson / The Verge: |
Images generated by Grok, like Barack Obama doing cocaine and Donald Trump and Kamala Harris with guns, go viral on X, raising questions about Grok's guardrails — xAI's Grok chatbot now lets you create images from text prompts and publish them to X — and so far, the rollout seems as chaotic … | Emilia David / VentureBeat: |
Anthropic releases prompt caching, which lets developers cache frequently used context between API calls, in public beta on its API — Anthropic introduced prompt caching on its API, which remembers the context between API calls and allows developers to avoid repeating prompts.| Joseph Menn / Washington Post: |
Google says it will remove Showcase.apk from Pixel devices “out of an abundance of precaution”, after iVerify said hackers could use the dormant app to spy — Discovery prompted one intelligence contractor to stop issuing Android phones to employees.| Aisha Counts / Bloomberg: |
A survey of 430 first-time Gen Z voters: 60%+ oppose requiring kids under 16 to get parental consent to use social media and 85% oppose notification time limits — - Survey polled 430 first-time voters from across the US — Lawmakers have criticized Instagram, TikTok over child safety| Reuters: |
CFIUS fines T-Mobile a record $60M for allegedly failing to prevent and report unauthorized access to sensitive data after its Sprint merger in 2020 — A powerful U.S. committee that scrutinizes foreign investment for national security risks fined T-Mobile (TMUS.O) $60 million … | Sean Hollister / The Verge: |
Epic v. Google: in the final hearing after Epic's antitrust win, the judge says he'll “tear the barriers down” on the Play Store, but won't “micromanage” Google — Judge James Donato just made it crystal-clear: Google will pay.| Ben Thompson / Stratechery: |
| Sam Kessler / CoinDesk: |
NYC-based Chaos Labs, which offers automated, on-chain risk management for DeFi protocols, raised a $55M Series A led by Haun Ventures — The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).| Zheping Huang / Bloomberg: |
Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending — - Net income dived 27% as spending on promotions ballooned — Commerce shrank in a worrying sign for Chinese consumption| CTech: |
Israeli stock research service TipRanks says investment firm Prytek bought 40% of the startup for $80M, giving Prytek an 80% stake; TipRanks has raised $102M — The investment firm, which had already owned 40% of the Israeli fintech startup, is taking its stake to 80% with an $80 million investment.| Financial Times: |
Analysis: Kamala Harris has spent $57M on Google and Meta ads since Biden dropped out on July 21, compared to Trump's $5.6M; Biden-Harris spent $139M in 2024 — Former president's lacklustre output points to significant tactical change from four years ago — Kamala Harris has spent 10 times …
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| Stuart A. Thompson / New York Times: |
| Chance Miller / 9to5Mac: |
| Joseph Menn / Washington Post: |