| Bloomberg: |
FTX co-founder Sam Bankman-Fried formally applies for a presidential pardon; he was sentenced to 25 years in prison in 2024, following the FTX collapse — FTX co-founder Sam Bankman-Fried formally applied for a presidential pardon, more than two years after he was convicted … | Choi Eun-Kyung / The Chosun Daily: |
Nvidia and LG expand their partnership in AI, robotics, and mobility tech, including building an AI factory and co-designing future data center architectures — Jensen Huang, CEO of NVIDIA, visited the LG Group headquarters and shouted “Fighting LG,” emphasizing, “We are collaborating with LG … | Yoolim Lee / Bloomberg: |
| Heekyong Yang / Reuters: |
| Jaspreet Singh / Reuters: |
Meta says it's filing a federal court contempt order against NSO for violating a permanent injunction that barred NSO from ever targeting WhatsApp and its users — Meta (META.O) said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating … | Reuters: |
UK PM Keir Starmer says tech companies must introduce “device controls” that stop kids from sending and receiving nude images or face laws forcing them to do so — Big tech firms operating in Britain must introduce safety measures on children's phones to prevent … | Reuters: |
Report: UK PM Keir Starmer is set to announce a ban on “harmful” online platforms for children under 16 while maintaining access to some “safer” social media — British Prime Minister Keir Starmer is set to announce a ban on “harmful” online platforms for children under 16 … | Bloomberg: |
Sources: Beijing-based Moonshot, which makes the Kimi chatbot, is in talks to raise up to $2B at a $30B valuation, up from a $20B+ valuation in a May round — Moonshot AI is seeking as much as $2 billion in a new funding round that would value the startup at $30 billion … | Katie Tarasov / CNBC: |
Amazon announces a multiyear, multibillion-dollar deal with Corning to produce optical fiber for its US data centers; Corning shares jump 8%+ — Amazon is paying Corning billions of dollars for optical fiber to power and connect its rapidly expanding U.S. data centers … | Arasu Kannagi Basil / Reuters: |
Bending Spoons files for a US IPO, reporting a net income of $27.5M on revenue of $601M in Q1, vs. a net loss of $112.2M on revenue of $259M a year earlier — Vimeo parent Bending Spoons filed for a U.S. initial public offering on Monday, as a busy summer IPO window takes shape.| Zack Whittaker / ~this week in security~: |
In a notice to Maine's AG, Meta says 20,225+ Instagram accounts may have been hacked during the months-long abuse of its Meta AI chatbot, starting on April 17 — Meta fixed the bug that let anyone trick its Meta AI chatbot into resetting the password on Instagram accounts that didn't have two-factor authentication.| Julie Bort / TechCrunch: |
Travis Kalanick, Mark Pincus, and other founders share their horror stories of pitching to VCs; Cloudflare CEO Matthew Prince publicly calls out Vinod Khosla — Asking venture capitalists for investment is a rite of passage for tech founders. This has led to another universal experience: the VC pitching horror story.| Sabrina Tavernise / New York Times: |
A study estimates the iPhone's diffusion explains 33%-52% of the decline in US births from 2007 to 2011, with the most pronounced effects among women aged 15-24 — Modern smartphones rolled out in 2007, the year that fertility rates began falling. Two studies say that is not a coincidence.| Qianer Liu / The Information: |
Sources: Google recently placed an order with Intel to manufacture 3M+ TPUs in 2028; Nvidia is testing Intel's tech for a new processor and running 18A trials — TSMC's capacity struggles are turning into a boon for Intel. — As the Taiwanese chip making giant struggles to meet overwhelming demand … | Lucas Shaw / Bloomberg: |
Sources: Spotify has approached concert promoters about licensing music festival livestreams, aiming to add more video to become a one-stop shop for music fans — Spotify is looking to become a hub for live music — Good evening from New York. I just landed here so that I can help smuggle Charles Oakley … | Maria Armental / Wall Street Journal: |
PointFive, which helps companies reduce unnecessary cloud and AI spending, raised a $60M Series B led by Accel, bringing its total funding to $100M — A $60 million growth investment led by Accel values the software maker at $500 million — Early-stage investor Accel led …
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Website traffic analytics: How to read your data and take action — Traffic is up. Sessions look healthy. The dashboard is full of green arrows and yet — conversions are flat, revenue targets are slipping, and the leads coming through aren't closing.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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