| Lynn Doan / Bloomberg: |
Bending Spoons agrees to acquire Vimeo for $1.38B, in an all-cash deal set to close in Q4, representing a 91% premium; Vimeo will be delisted from exchanges — Bending Spoons, one of Europe's largest mobile app developers, has agreed to buy the video platform Vimeo in an all-cash deal valued at about $1.38 billion.| Richard Lawler / The Verge: |
Apple says the iPhone 17 lineup and iPhone Air come with Memory Integrity Enforcement, which provides “industry-first, always-on memory safety protection” — Memory Integrity Enforcement is always-on safety protection designed to make life harder for spyware developers.| Dan Moren / Six Colors: |
| Emma Roth / The Verge: |
| Terrence O'Brien / The Verge: |
Spotify plans to roll out lossless audio at 24-bit/44.1 kHz FLAC to Premium users over the next two months in 50 markets, without needing a pricier subscription — Subscribers will be able to enjoy 24-bit / 44.1 kHz FLAC as part of their Premium plan. … It's been a long time coming but Spotify is finally getting lossless audio.| Anders Melin / Bloomberg: |
Larry Ellison becomes the world's richest person for the first time, at $393B, overtaking Elon Musk at $385B, as Oracle's stock jumps 40%+ after beating Q1 est. — Larry Ellison has become the world's richest person for the first time, ending Elon Musk's nearly year-long reign in the top spot.| Jordan Novet / CNBC: |
| Jess Weatherbed / The Verge: |
Reddit removes subscriber counts from subreddit pages, replacing them with past seven-day metrics to show how many users visited and made how many contributions — Users will now see seven-day metrics that track active visitors and contributions instead.| Ivan Mehta / TechCrunch: |
Reddit launches free tools for publishers within Reddit Pro to track article performance and get suggestions on which communities to share their stories in — Reddit on Wednesday launched a set of free tools for publishers to track their article performance and receive suggestions … | Financial Times: |
Quantum startup PsiQuantum raised $1B led by BlackRock, Temasek, and Baillie Gifford at a $7B valuation, up from $3.2B in 2021, for a 1M-qubit computer by 2028 — PsiQuantum backed by BlackRock, Temasek and Baillie Gifford as investment race intensifies — PsiQuantum has raised $1bn … | The Information: |
Sources: Amazon is developing consumer AR glasses codenamed Jayhawk, with microphones, speakers, a camera, and color display, set for late 2026 or early 2027 — Amazon is developing a pair of augmented-reality glasses for consumers, say two people with knowledge of the plans.| Emma Roth / The Verge: |
Reddit, Yahoo, Medium, Quora, People, O'Reilly, wikiHow, Ziff Davis, and others adopt the Really Simple Licensing (RSL) standard that sets terms for AI scraping — Reddit, Yahoo, Quora, and wikiHow are just some of the major brands on board with the RSL Standard.| Sarah Perez / TechCrunch: |
Bluesky says it will comply with age-verification laws in South Dakota and Wyoming because they strike the “right balance”, after exiting Mississippi — After blocking its service in Mississippi over its new age-assurance law, the social networking startup is taking a different approach … | Ben Funk / HotHardware: |
Arm launches four Lumex compute subsystem CPU architectures to improve on-device AI on smartphones, PCs, and wearables, and unveils its new Mali G1-Ultra GPU — As the smartphone market has matured, the workloads that consumers expect from their tiny in-pocket mobile computers has increased drastically.| Rafe Rosner-Uddin / Financial Times: |
Amazon's Zoox launches its robotaxi service in Las Vegas, letting riders hail its toaster-shaped cars between specific destinations in the city's 4.2-mile Strip — The driverless car group launches to the public in challenge to Waymo and Tesla over the future of ride-hailing| Brian Steinberg / Variety: |
Amazon and Netflix partner to let advertisers buy Netflix ad inventory via Amazon's demand-side platform, after Amazon signed a similar deal with Disney in June — Amazon and Netflix are two of the major competitors in Hollywood's streaming wars, but in at least one instance, they're ready to team up.| Samantha Subin / CNBC: |
Uber plans to add Blade helicopter rides as soon as 2026 via a partnership with electric air taxi maker Joby Aviation, which acquired Blade for $125M in August — Uber is tackling a new form of ride sharing: helicopters. — The ride hailing company on Wednesday said it will launch Blade helicopter rides … | Andrew J. Hawkins / The Verge: |
Lyft partners with Ann Arbor-based May Mobility to let Atlanta riders request an autonomous minivan, with a safety driver, starting in a seven square-mile area — The vehicles from May Mobility will have safety drivers who will ‘drive manually during initial trips,’ the companies said.| Shirin Ghaffary / Bloomberg: |
Replit raised $250M led by Prysm, nearly tripling its valuation to $3B; its annualized revenue grew from $2.8M to $150M in the past year and it has 40M users — AI coding startup Replit Inc. has raised $250 million in a funding round that nearly triples its valuation to $3 billion … | Wall Street Journal: |
Sources: Meta's TBD Lab team sits in an area near Mark Zuckerberg's desk that needs special badge access, and their names are not on the company's org chart — An influx of highly paid researchers has created new status divisions, even as some recent hires have already left their jobs| Emily Nicolle / Bloomberg: |
Kraken opens trading of 60+ tokenized US securities to its EU users, powered by Backed Finance's xStocks; rwa.xyz says tokenized shares' market value is ~$421M — Crypto exchange Kraken opened up trading of tokenized US securities to its customers in the European Union, expanding the reach of the nascent asset class.| Foo Yun Chee / Reuters: |
The EU's General Court sides with Meta and TikTok in their legal dispute with the EC over the DSA's 0.05% supervisory fee, saying the EU's methodology is flawed — Meta Platforms (META.O) and TikTok on Wednesday won their legal fight against a European Union supervisory fee imposed … | Paul Sandle / Reuters: |
Google says it is scrapping multi-cloud data transfer fees for organizations in the EU and the UK ahead of the EU Data Act taking effect on September 12 — Google (GOOGL.O) said on Wednesday it had scrapped data transfer fees for organisations processing workloads “in parallel” … | Alex Weprin / The Hollywood Reporter: |
A US Treasury Department document says “digital content creators”, including podcasters, social media influencers, and streamers, are eligible for tax-free tips — A U.S. Treasury Department document includes podcasters, social media influencers and streamers among occupations eligible for tax-free tips.| Océane Herrero / Politico: |
Memo: Apple's AI training guidelines update in March for data annotators marked DEI as a “controversial” topic and removed intolerance as a “harmful” behavior — Two months after Apple CEO Tim Cook sat down at Donald Trump's inauguration, several hundred employees … | Vincent Chow / South China Morning Post: |
ByteDance launches Seedream 4.0, an AI image model it claims can beat Google's viral “nano banana” model in prompt adherence, alignment, and aesthetics — ByteDance claims that Seedream 4.0 beat Gemini 2.5 Flash Image for image generation and editing on its internal evaluation benchmark| Hannah Erin Lang / Wall Street Journal: |
Robinhood announces a feed where users can follow and copy verified trades of other investors and public figures, rolling out in beta to ~10K users in Q1 2026 — Robinhood Social will allow users to post their trades and track those of public figures, like Meta's Mark Zuckerberg and former House Speaker Nancy Pelosi| Varun Mishra / Counterpoint Research: |
| Financial Times: |
How AlphaFold2 and the rise of generative AI kickstarted a new AI drug discovery boom after a spate of startups from the mid-2010s failed to live up to the hype — In the mid-2010s, a spate of start-ups hoping to transform the laborious process of finding new drugs launched with big promises.| Forbes: |
Brain Co., co-founded by Jared Kushner, Elad Gil, and others to help enterprises and governments use AI, comes out of stealth with a $30M Series A — Kushner teamed up with prolific solo investor Elad Gil and Luis Videgaray, the former Mexican foreign minister, to launch Brain Co. … | Sean Michael Kerner / Venturebeat: |
Stability AI launches Stable Audio 2.5, which the company claims is the first audio generation model designed for “enterprise-grade use cases” — Stability AI first gained attention for its Stable Diffusion lineup of gen AI text-to-image models, but that's not all the company does.| Joe Miller / Financial Times: |
The Trump administration's Big Tech courtship and its efforts to accelerate AI adoption across the US are alarming populists in the president's base — Silicon Valley's sway in the White House is alarming populists in the president's base — Flanked by Silicon Valley's most powerful executives … | The Verge: |
iPhone 17 Pro and 17 Pro Max hands-on: refreshing bold colors, soft matte unibody aluminum frame, and a nice two-tone back with a full-width camera bar — Bold colors and a two-tone design. … For one, the colors and bold — a nice change of pace from last year's barely-there pales.| The Verge: |
| Katie Roof / The Information: |
Sources: Sequoia stands to gain ~$2.65B from Klarna's IPO, a six-fold return on its ~$500M total investment, and is selling ~2% of its stake in the IPO — Klarna's two-decade journey to a public listing means a lucrative return for its biggest backer—Sequoia Capital.| Anthony Hughes / Bloomberg: |
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| Leo Schwartz / Fortune: |
| Dell Cameron / Wired: |