| Brody Ford / Bloomberg: |
Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries — Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus … | Axios: |
White House says TikTok's new US entity would lease a copy of ByteDance's algorithm, which Oracle would retrain; US users wouldn't need to re-download the app — TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China … | Bloomberg: |
A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government — The US will not hold a golden share or equity position in a new entity that will control TikTok's American operations … | Ellen O'Regan / Politico: |
The European Commission considers simplifying the 2009 rule that plastered the internet with cookie consent banners, as it seeks to reduce regulatory burdens — In a bid to slash red tape, the European Commission wants to eliminate one of its peskiest laws: a 2009 tech rule that plastered … | Manish Singh / India Dispatch: |
The $100K+ H-1B fee could accelerate offshoring as tech companies route work to India and other countries rather than bringing engineers to the US — The U.S. will charge companies $100,000 for each new foreign tech worker under an initiative officials call Project Firewall … | Ina Fried / Axios: |
Google DeepMind updates its Frontier Safety Framework to account for new risks, including the potential for models to resist shutdown or modification by humans — Google DeepMind said Monday it has updated a key AI safety document to account for new threats — including the risk … | Hadlee Simons / Android Authority: |
MediaTek unveils its 3nm Dimensity 9500 mobile SoC, featuring an 8-core CPU, 12-core GPU with hardware ray tracing, and its ninth-gen MediaTek NPU 990 — Phones with the Dimensity 9500 could be video capture powerhouses. — • — • — • — TL;DR| Bloomberg: |
Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year — Oura Health Oy, the maker of the popular Oura health and fitness ring, is closing in on a roughly $11 billion valuation after selling about 3 million rings over the past year.| Jess Weatherbed / The Verge: |
The RIAA amends its lawsuit against Suno, now accusing it of unlawfully “stream ripping” songs on YouTube and violating the DMCA — The updated complaint alleges that Suno knowingly circumvented YouTube's protections against unauthorized copying.| Courtney Rozen / Reuters: |
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and OpenAI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama … | Digiday: |
The US v. Google ad tech trial, in which a judge ruled that the company illegally monopolized the digital ad market, begins its remedies phase — The ad tech trial many thought would go nowhere has done the unthinkable: it delivered. Judge Leonie Brinkema ruled that Google illegally monopolized … | Agnee Ghosh / Bloomberg: |
| Financial Times: |
A look at the data center cluster in the Chinese city of Wuhu, where 15 companies, including Huawei, have built data centers with a total investment of $37B — Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy.| Mary Ann Azevedo / Crunchbase News: |
AppZen, which builds AI-powered tools to automate finance functions, raised a $180M Series D led by Riverwood Capital, bringing its total funding to $290M — AppZen, which has built an agentic AI platform for finance teams, has raised $180 million in a Series D round, the company told Crunchbase News.
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