| Mark Zuckerberg / Meta: |
| Michael Kan / PCMag: |
Mark Zuckerberg says “We'll need to be rigorous about mitigating” the new risks raised by superintelligence and “careful about what we choose to open source” — Meta's CEO says developing superintelligent AI is ‘now in sight.’ But it won't be open source like Llama … | Microsoft: |
Microsoft Q4: revenue up 18% YoY to $76.4B, Microsoft 365 Commercial products and cloud revenue up 16%, net income up 24% to $27.2B; MSFT jumps 6%+ after hours — Microsoft Cloud and AI Strength Fuels Fourth Quarter Results — REDMOND, Wash. — July 30, 2025 — Microsoft Corp. today announced … | Tom Warren / The Verge: |
Microsoft Q4: Windows OEM and Devices revenue up 3% YoY, gaming revenue up 10%, Xbox hardware revenue down 22%, and Xbox content and services revenue up 13% — Azure revenues grew 39 percent year-over-year, as Microsoft continues to grow its cloud business.| Deborah Sophia / Reuters: |
| Meta: |
Meta reports Q2 revenue up 22% YoY to $47.5B, vs. $44.8B est., net income up 36% to $18.3B, family DAP up 6% to 3.48B for June 2025; META jumps 10%+ after hours — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended June 30, 2025.| CNBC: |
Meta's Reality Labs Q2: revenue up 5% YoY to $370M, vs. $381M est., and a $4.53B operating loss, vs. $4.99B est.; Reality Labs has lost nearly $70B since 2020 — Meta's Reality Labs, the unit tasked with building the futuristic metaverse, continues bleeding money.| Lucia Moses / Business Insider: |
Amazon-backed AI streaming service Showrunner debuts on Thursday, charging users $10 to $40 per month to create their own animated shows or build on others' IP — - Fable Studio has gotten funding from Amazon for its AI streaming platform, Showrunner. — It shared a deck that explains … | Bloomberg: |
Palo Alto Networks agrees to acquire CyberArk Software in a cash-and-stock deal valuing the Israeli cybersecurity company at ~$25B, implying a 26% stock premium — Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion.| Abner Li / 9to5Google: |
Google plans to start rolling out ML-powered age estimation in the US “over the next few weeks” to detect if users are under 18 and enable existing protections — In the US, Google is beginning to use an age estimation model to detect whether Account users are under or over 18.| Belle Lin / Wall Street Journal: |
Ramp raised a $500M Series E-2 led by Iconiq Growth at a $22.5B valuation, and says it has 40K+ businesses as clients, with $700M in annualized revenue in March — Startup raises $500 million to further develop AI-based agents, CEO says — Ramp, a startup that uses artificial intelligence … | Richard Speed / The Register: |
Dropbox says it will discontinue Dropbox Passwords, launched in 2020, on October 28 to focus on its core product, and recommends 1Password as a replacement — Dropbox has given users of its password manager until the end of October to extract their data before pulling the plug on the service.| Alice Hancock / Financial Times: |
Google says it will sign the EU's AI Code of Practice, in a boost to the EU's efforts to regulate AI in the face of Meta's refusal to sign and heavy US pressure — Move set to boost efforts to regulate artificial intelligence in face of opposition from Meta and pressure from US| Kif Leswing / CNBC: |
Qualcomm reports Q3 revenue up 10% YoY to $10.37B, vs. $10.35B est., and handset chip revenue up 7% YoY to $6.33B, vs. $6.44B est.; QCOM drops 5%+ after hours — Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guide for the current quarter.| Alexandra Bruell / Wall Street Journal: |
Sources: Amazon's multiyear deal to use NYT content for its platforms and AI models is $20M to $25M per year, which is nearly 1% of the NYT's total 2024 revenue — The multiyear deal lets Amazon use content from the Times's news and cooking sections and the Athletic| Elvira Pollina / Reuters: |
Italy opens an investigation into Meta, saying it may have violated EU competition rules by integrating its Meta AI assistant into WhatsApp without user consent — Italy's antitrust authority said on Wednesday it had launched an investigation into Meta Platforms (META.O) … | Paige Smith / Bloomberg: |
JPMorgan Chase and Coinbase signed a deal to directly link customers' bank accounts to their cryptocurrency wallets, with the feature expected to launch in 2026 — JPMorgan Chase & Co. and Coinbase Global Inc. signed an agreement to directly link customers' bank accounts to their cryptocurrency wallets … | Mike Allen / Axios: |
Sources: the US intelligence community persuaded the DOJ that allowing the HPE-Juniper merger was essential to US national security and competing with Huawei — - The official said blocking the deal would have “hindered American companies and empowered” Chinese competitors.| Max A. Cherney / Reuters: |
| Taylor Lorenz / User Mag: |
Substack apologizes after sending a push notification encouraging some users to subscribe to NatSocToday, a Nazi newsletter advocating for a “White homeland” — + Juggalos vs AI, Jet 2 deportations, Jasmine Crockett's lock screen, Sloppers, mankeeping, Crybabies, classroom attack drones … | Financial Times: |
Sources: Revolut considers acquiring a US bank to get an American banking license and start lending in the US, a faster route than applying for its own permit — Acquisition would be faster route for fintech to start lending in US than applying for permit of its own| MacKenzie Sigalos / CNBC: |
Robinhood reports Q2 revenue up 45% YoY to $989M, vs. $908M est., net income up 105% YoY to $386M, and funded customers up 10% YoY to 26.5M, vs. 26.1M est. — Robinhood beat Wall Street expectations for the second quarter Wednesday. — Here is how Robinhood's results compared to Wall Street estimates … | Jay Peters / The Verge: |
YouTube says videos with strong profanity in the first seven seconds will now be eligible for full monetization, reversing the “limited ad revenue” restriction — Videos that use the F-word in the first seven seconds are now eligible for full ad revenue.| Natalie Weger / Wall Street Journal: |
eBay reports Q2 revenue up 6% YoY to $2.73B, vs. $2.64B est., gross merchandise volume up 6% to $19.5B, net income up 64% to $368M; EBAY jumps 10%+ after hours — Adjusted earnings per share of $1.37 were ahead of analysts' estimates of $1.30 — EBay logged higher profit and revenue … | Timmy Shen / The Block: |
RD Technologies, which is developing a Hong Kong dollar stablecoin, raised $40M ahead of Hong Kong's stablecoin licensing regime set to take effect on August 1 — - RD Technologies announced today that it has completed its $40 million series A2 funding round.| Zixu Wang / New York Times: |
How Meituan used Hong Kong as a trial market for its Keeta food delivery service's global expansion, driving out Deliveroo and hitting Saudi Arabia a year later — Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
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