| Ryan Autullo / Bloomberg Law: |
Google agrees to pay Texas $1.4B to settle two lawsuits claiming it tracks Texans' personal location and maintains their facial recognition data without consent — Google will pay the state of Texas $1.375 billion to resolve two privacy lawsuits claiming the tech giant tracks Texans' personal location … | Zac Hall / 9to5Mac: |
Epic Games says it has submitted Fortnite to the US App Store for review — Update: Epic Games says it has submitted Fortnite to the U.S. App Store for review. The ball is now in Apple's court to approve the app submission. — If Fortnite does return to the U.S. App Store this week, it won't be before Friday.| Tripp Mickle / New York Times: |
How Apple's extraordinary measures to keep its App Store commissions after the Epic v. Apple trial led to a civil contempt ruling and weakened its credibility — Court documents show the company commissioned a sham report and lied on the stand to justify its actions, which will cast a shadow over future lawsuits.| Sarah Perez / TechCrunch: |
| Victoria Song / The Verge: |
Whoop sparks a backlash after asking its subscribers to pay to upgrade to 5.0, despite earlier promises of free hardware upgrades after six months of membership — Whoop promised members who'd been around at least six months would get free next-gen hardware. Now, you'll have to pay.| Victoria Song / The Verge: |
| Danai Nesta Kupemba / BBC: |
President Claudia Sheinbaum says Mexico is suing Google for ignoring requests not to call the Gulf of Mexico the Gulf of America on Google Maps in the US — Mexico is suing Google for ignoring repeated requests not to call the Gulf of Mexico the Gulf of America on Google Maps for US users, President Claudia Sheinbaum says.| Reed Albergotti / Semafor: |
Sources: the US Treasury asked Benchmark whether its Manus AI funding is covered by restrictions on investments in tech destined for “countries of concern” — THE SCOOP — The US Treasury Department is reviewing a Benchmark Capital-led $75 million investment in Chinese startup Manus AI … | MK Manoylov / The Block: |
Coinbase Derivatives, the company's CFTC-regulated derivatives arm, launches 24/7 Bitcoin and Ethereum futures trading for retail and institutional users — - Coinbase Derivatives, the firm's CFTC-regulated derivatives arm, will provide round-the-clock futures contracts trading for retail and institutional users starting today.| Mary Ann Azevedo / TechCrunch: |
Rippling raised a $450M Series G at a $16.8B valuation, up from $13.4B during its $200M Series F in 2024; it is also conducting a $200M tender offer — HR tech startup Rippling has raised a $450 million Series G round at a $16.8 billion valuation, the company confirmed to TechCrunch.| Eli Tan / New York Times: |
Pinterest agrees to pay $34.7M to settle a 2021 lawsuit from Christine Martinez, an early adviser who claimed she co-created the platform without compensation — Christine Martinez, who was a friend of two of Pinterest's three co-founders, sued the company in 2021 for breach of implied contract and other claims.| Charles Rollet / TechCrunch: |
Source: US DOL ended its probe into Scale AI's Fair Labor Standards Act compliance, after announcing a friendlier approach to classifying workers as contractors — The U.S. Department of Labor has dropped its investigation into Scale AI's compliance with the Fair Labor Standards Act … | Jonathan Stempel / Reuters: |
Google agrees to pay $50M to settle a lawsuit accusing it of systemic racial bias against Black employees, covering 4,000+ employees in California and New York — Google agreed to pay $50 million to settle a lawsuit accusing the search engine company of systemic racial bias against Black employees.| Emily Birnbaum / Bloomberg: |
Tech companies warn they may pull back from US investment pledges if Congress doesn't fully reinstate the R&D tax deduction pared back in Trump's 2017 tax bill — Major tech companies lobbying to salvage a tax deduction for research and development are warning they may pull … | Sri Muppidi / The Information: |
Sources: Snowflake challenger ClickHouse is in talks to raise hundreds of millions led by Khosla Ventures at a $6B valuation, triple its valuation from 2021 — Investors have reaped billions of dollars in gains from backing database software firms Snowflake and Databricks.| Nancy Scola / Politico: |
A profile of Gail Slater, the head of the DOJ's antitrust unit who has become the leader of the MAGA antitrust movement over Big Tech “censorship” concerns — Gail Slater, the head of the DOJ's antitrust division, will show how serious the right is about bringing big tech companies to heel.
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| David K. Li / NBC News: |
| Coco Feng / South China Morning Post: |
| Steven T. Dennis / Bloomberg: |
| Aisha Malik / TechCrunch: |
| Victoria Kennedy / Eurogamer.net: |