| Bloomberg: |
Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products — Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. … | Ashley Capoot / CNBC: |
SSI co-founder Ilya Sutskever becomes the CEO and co-founder Daniel Levy becomes the president; SSI's technical team will continue to report to Sutskever — OpenAI co-founder Ilya Sutskever said he will assume the CEO role at Safe Superintelligence, the artificial intelligence startup he launched last year.| Yuliya Chernova / Wall Street Journal: |
| Brian O'Donovan / RTÉ: |
Meta says it backs proposals for an EU-wide age of digital adulthood, below which minors would need parental consent to use social media, calling it “effective” — Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states.| Charlie Savage / New York Times: |
FOIA docs: the Trump administration claimed broad authority to nullify laws in letters to tech firms releasing them of legal liability related to the TikTok ban — In purporting to license otherwise illegal conduct by tech firms, President Trump set a precedent expanding executive power, legal experts warned.| Arjun Kharpal / CNBC: |
Counterpoint Research: iPhone sales in China grew 8% YoY in Q2 2025, boosted by discounts, the first time Apple has recorded growth in China since Q2 2023 — Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said … | Nikkei Asia: |
Sources: Samsung is delaying completion of its Texas fab due to a lack of customers; the plant was meant to come online in 2024 before being pushed to 2026 — SEOUL/TAIPEI — Samsung Electronics is delaying completion of a semiconductor factory in the U.S. state of Texas … | Kyt Dotson / SiliconANGLE: |
London-based Hived, which offers an AI-based logistics and parcel delivery service, raised a $42M Series B led by NordicNinja — London-based parcel delivery startup Hived Ltd.today said it has raised $42 million in early-stage funding aimed at supporting the company's expansion into regional markets … | Wired: |
A look at Scattered Spider, a group of mainly young UK and US hackers using targeted social engineering to gain access to company systems and install ransomware — The Scattered Spider hacking group has caused chaos among retailers, insurers, and airlines in recent months.| Mackenzie Hawkins / Bloomberg: |
Sources: the US plans to restrict shipments of AI chips to Malaysia and Thailand, as part of an effort to crack down on suspected chip smuggling into China — President Donald Trump's administration plans to restrict shipments of AI chips from the likes of Nvidia Corp. to Malaysia and Thailand … | Foo Yun Chee / Reuters: |
The EU says it has no plans to pause the implementation of the AI Act, after Meta, Google, Mistral, ASML, and others urged it to delay the rules by years — The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators and EU countries … | Matt Levine / Bloomberg: |
As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets — Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0. — ‘Tokenization’| Gian Volpicelli / Bloomberg: |
Sources: Google plans to propose a price comparison box at the top of search results in EU, featuring ranked options from competitors, to avoid DMA fines — Under the plan, a box at the top of Google's search results will show ranked options from price-comparison companies' websites … | Yang Jie / Wall Street Journal: |
Sources: TSMC delays construction of its second plant in Japan, originally planned for early 2025, to invest in US expansion ahead of potential Trump tariffs — Taiwanese semiconductor maker accelerates investment in Arizona — TOKYO—Taiwan Semiconductor Manufacturing is delaying construction … | Aaron Tilley / The Information: |
Sources: in 2024, Apple explored a cloud service renting its own chips to developers; it spends ~$7B per year on renting Nvidia chips from AWS and Google — Apple over the past few years considered launching a business renting out its servers to the millions of developers that create apps …
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