| Jyoti Mann / The Information: |
Source: Muse Spark 1.1 model breached a company's systems during cybersecurity testing; Meta says evaluation partner Irregular caused a sandbox misconfiguration — A Meta Platforms artificial intelligence model accessed the internet during cybersecurity testing and hacked into another company … | Jonathan Vanian / CNBC: |
Meta releases Muse Code in beta, a terminal coding agent powered by Muse Spark 1.2, a coding-focused model priced at $1.25/1M input and $4.25/1M output tokens — Meta is rolling out its first coding agent called Muse Code as the company tries to challenge leading AI labs Anthropic and OpenAI.| Artificial Analysis: |
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| Lily Hay Newman / Wired: |
OpenAI says the Hugging Face breach involved AI agents creating an internal message board, unnoticed by humans, where they shared exploits and planned the hacks — At the Black Hat security conference, the AI giant revealed new details about how its agents went rogue, hacked several other companies … | Bloomberg: |
OpenAI files a motion to dismiss Apple's lawsuit accusing the AI company of stealing trade secrets, saying that the iPhone maker's allegations are meritless — OpenAI is asking a federal judge to dismiss a lawsuit filed by Apple Inc. accusing the artificial intelligence company of stealing trade secrets … | Andrew Webster / The Verge: |
Rockstar says it will show an “extended look” at Grand Theft Auto VI on August 27, premiering on Netflix at 3pm ET before streaming on YouTube at 9pm ET — The preview will stream on both Netflix and YouTube. … We'll be getting an in-depth preview of Grand Theft Auto VI very soon … | Jenny Lee / CNBC: |
Nintendo reports Q1 revenue down 10% YoY to ~$3.3B, above $2.8B est., net income of ~$933M, above ~$495M est., and Switch 2 sales down 34.4% YoY to 3.82M — Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.| Bloomberg: |
Google centralizes its AI leadership at Mountain View in a bid to catch its rivals; Sebastian Borgeaud, who led a major AI coding effort, moved from the UK — Alphabet Inc.'s Google is concentrating its artificial intelligence leadership at its Mountain View, California … | Axios: |
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| Wired: |
A researcher with access to North Korean hackers' servers says their operations have impacted 1,640 companies across 57 countries over the past 22 months — For nearly two years, researcher Vangelis Stykas has maintained access to North Korean hackers' servers.| Bloomberg: |
DeepSeek says it plans to implement substantial price increases across its services; V4 Flash currently costs $0.14/1M input and $0.28/1M output tokens — DeepSeek plans to implement a significant price increase across its AI services, an unusual shift from the disruptive Chinese player that has put pressure on US and domestic rivals.| Eduardo Baptista / Reuters: |
Filing: DeepSeek has invested ~$20.8M in Unitree Robotics' Shanghai IPO and agreed to jointly develop AI models for humanoid machines — Chinese artificial intelligence startup DeepSeek has invested 140.8 million yuan ($20.8 million) in robot maker Unitree (688836.SS) and agreed … | Britney Nguyen / MarketWatch: |
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| Kyt Dotson / SiliconANGLE: |
Cloudflare open sources a new version of Cloudflare OS, a browser-accessible AI agentic workspace for enterprises that lets employees build custom micro-apps — Cloudflare Inc. today announced the launch of Cloudflare OS, an open-source artificial intelligence agentic workspace available through … | Neil J Kanatt / Reuters: |
DoorDash reports Q2 marketplace gross order value up 36% YoY to $33.08B, above $32.08B est., and forecasts Q3 marketplace GOV and adjusted EBITDA above est. — DoorDash (DASH.O) on Wednesday forecast third-quarter gross order value and core profit above Wall Street estimates after topping results … | MacKenzie Sigalos / CNBC: |
Sources: some Google researchers have grown frustrated over AI compute access for ambitious projects while Google Cloud sells TPUs to customers like Anthropic — Depending on where you sit, Google either has the most enviable position in artificial intelligence or is bleeding top talent … | Annie Palmer / CNBC: |
Etsy says it will cut ~220 employees, or ~12% of its workforce, mostly in product and engineering, and reports Q2 revenue up 6% YoY to $668.3M, vs. $649.1M est. — Etsy said Wednesday it's laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks … | Jonathan Greig / The Record: |
Canadian national Connor Moucka pleads guilty in the US to participating in the 2024 Snowflake hacks involving data theft from 165+ companies, including AT&T — A Canadian national is facing decades in prison for participating in the hacking of data storage platform Snowflake.| Juby Babu / Reuters: |
eBay reports Q2 revenue up 15% YoY to $3.13B, above $3.02B est., GMV up 15% to $22.4B, and forecasts Q3 revenue above est. and GMV growth of between 10% and 12% — EBay (EBAY.O) forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods … | Sean O'Kane / TechCrunch: |
Nikita Bier steps down as X's head of product after starting the role in July 2025, saying “running this app is a 24/7 job”, and will continue as an adviser — Nikita Bier has stepped down as head of product at X, Elon Musk's social media platform, after a little more than a year in the role.| Manya Saini / Reuters: |
Block reports Q2 revenue up 9% YoY to $6.62B, above $6.49B est., Cash App gross profit up 31% to $1.97B, and raises its FY 2026 gross profit forecast — Block (XYZ.N) raised its full-year gross profit forecast on Wednesday after delivering market-beating second-quarter results … | Arjun Kharpal / CNBC: |
SoftBank reports Q1 net profit down 18% YoY to ~$2.2B, above ~$761M est., an ~$8.2B gain on its Intel stake, and Vision Fund up $1.7B due to its ByteDance stake — SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel … | Bloomberg: |
Sources: DeepSeek has resumed its funding round, seeking $8B at a $74B valuation, after pausing talks following the leak of Liang Wenfeng's remarks to investors — DeepSeek has resumed its second funding round, seeking close to $8 billion, with Monolith Management in talks to contribute, according to people familiar with the matter.| Bloomberg: |
Filing: Microsoft recorded $24.1B in revenue from OpenAI during the year to June 2026, suggesting OpenAI accounted for 50% to ~70% of Microsoft's AI sales — Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company.| Deborah Mary Sophia / Reuters: |
| Kelly Cloonan / Wall Street Journal: |
AppLovin reports Q2 revenue up 53% YoY to $1.92B, below $1.94B est., and forecasts Q3 revenue within estimates; APP drops 16%+ and is down 38% YTD — The shortcomings in the latest quarter came down to timing — AppLovin's profit and revenue growth continued in the latest quarter …
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
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Announcing Zoho POS for South Africa—expanding our commitment to the MEA — We're happy to announce that Zoho POS is now available for South African retail businesses, supporting the region's VAT requirements.
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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| Hiroko Tabuchi / New York Times: |
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| Joseph Cox / 404 Media: |
| Steven Levy / Wired: |