US v. Google: during closing arguments, a judge queried both sides on ideas to limit Google's monopoly in search and said he expects to issue a ruling in August
Lawyers began making closing arguments Friday in landmark antitrust case over online search market, future of artificial intelligence
Sources: Trump administration plans to expand Entity List restrictions to cover subsidiaries of Chinese companies, aiming to block workarounds via new offshoots
The Trump administration plans to broaden restrictions on China's tech sector with new regulations to capture subsidiaries of companies under US curbs.
A Replit employee details a critical security flaw in web apps created using AI-powered app builder Lovable that exposes API keys and personal info of app users
THE SCOOP — Lovable, the popular vibe coding app that describes itself as the fastest-growing company in Europe …
Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts
(Former name or former address, if changed since last report) Anusuya Lahiri / Benzinga : Synopsys Halts China Sales After US Cracks Down On Chip Design Exports insideHPC : White House Imposing Export...
Sources: Anthropic has been lobbying Congress to oppose a bill banning states from regulating AI, and pushed against the recent US AI deal with Gulf states
THE SCOOP — Anthropic is going toe-to-toe with the Trump Administration on artificial intelligence policy …
Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS
At a recent peak on Saturday, May 24, some 8.7 million people were playing at once, roughly the population of Switzerland …
Internal docs show Meta plans to use AI to automate up to 90% of its privacy and integrity risk assessments, including in sensitive areas like violent content
For years, when Meta launched new features for Instagram, WhatsApp and Facebook, teams of reviewers evaluated possible risks: Could it violate users' privacy?
London-based Dojo, a payments tech provider to over 140K businesses, raised $190M from Vitruvian Partners in its first equity raise since launching in 2021
London-based Dojo, a payments technology provider, has announced an investment of $190M (nearly €168.66M) from global investment firm Vitruvian Partners.
Vivodyne, which uses AI and robots to grow human tissues in the lab for drug discovery and development, raised a $40M Series A led by Khosla Ventures
Vivodyne, a San Francisco-based startup using lab-grown human tissues to discover and develop drugs, raised $40 million in a Series A led by Khosla Ventures.
Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt
Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report.
Brazil is piloting dWallet, a digital wallet program that allows users to monetize their data, the first nationwide initiative of its kind in the world
Brazil is piloting dWallet, a project that lets citizens earn money from their data. It is ahead of similar U.S-based initiatives. Mastodon: @Khrys@mamot.fr . X: @restofworld and @rinachandran . Link...
Defense tech firm Leidos acquires VA-based Kudu Dynamics, which provides AI-enabled cyber defense and offense tools to the US DOD and other customers, for $300M
Defense technology firm Leidos announced Wednesday it closed a $300 million acquisition of Kudu Dynamics, a company that develops AI-enabled cyber capabilities.
Nvidia reported record gaming revenue of $3.76B in Q1, up 42% YoY, driven by sales of its Blackwell chips that are used to enhance game graphics through DLSS
Nvidia's former cash cow posted record sales in the first quarter, carrying the company to a sales beat.
Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024
Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter …
Sources: Elon Musk is pushing lawmakers to help clear a path for driverless vehicles and has been weighing in on revisions of a bill on autonomous vehicles
In recent weeks, Musk and people who work for him have been calling members of Congress directly to gather support, said the people …
Google quietly released an Android app called Google AI Edge Gallery on GitHub, letting users run some AI models from Hugging Face locally on their phones
Last week, Google quietly released an app that lets users run a range of openly available AI models from the AI dev platform Hugging Face on their phones.
Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024
www.bloomberg.com/news/article... X: Nikhil Patwardhan / @patwardhannn : 🚨🚨 The Dailyhunt, Josh story seems to be unravelling quickly. Another Peak XV startup, among the most funded ones, seems to be ...
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more
www.bondcap.com/reports/tai @eguango : if you want to know the nitty gritty of the state of AI, can't recommend this report from Mary Meeker strongly enough. [embedded post] Threads: Benedict Evans /...
Automattic says it will resume contributing to the WordPress project, after announcing a pause in April
· — After pausing our contributions to regroup, rethink … Bluesky: Ernie Smith / @ernie.tedium.co : Not exactly giving folks a clear idea of what's what [embedded post] X: David Risley / @davidrisle...
NYC-based Empathy, which runs an online platform providing on-demand tools and guidance for bereaving families, raised a $72M Series C led by Adams Street
This investment, led by Adams Street Partners with participation from General Catalyst … Ron Gura : Today, Empathy is announcing our $72 Million Series C led by Adams Street Partners. This moment is ...
Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year
Olivia Poh / Bloomberg :
Sources: the White House is finalizing EOs on drones that could end Chinese drone sales in the US, update federal rules on where drones can be flown, and more
Washington Post :
Boston-based cloud cost management startup CloudZero raised a $56M Series C led by BlueCrest Capital Management and Innovius Capital
and AI is only making it more expensive. So how are leading companies staying profitable while scaling their AI infrastructure? …
Sources: Abridge, which uses AI to transcribe medical chats, is raising $300M led by a16z at a $5.3B valuation, up from $2.75B in February when it raised $250M
Kate Clark / Bloomberg :
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Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.