| ABC News: |
US prosecutors charge Google engineer Michele Spagnuolo with using inside information to make $1.2M on Polymarket bets about Google's Year in Search results — Michele Spagnuolo allegedly placed bets on what users were searching for. — In this Dec. 19, 2023, file photo … | Sarah Perez / TechCrunch: |
Meta rolls out Plus plans for Instagram, Facebook, and WhatsApp globally, and tests $7.99/month and $19.99/month Meta AI plans, and a $49.99/month creator plan — Meta is doubling down on its subscription offerings. On Wednesday, the social networking giant announced it's now rolling … | Mariella Moon / Engadget: |
Last.fm says it is now an independent company again, 19 years after being acquired by CBS, and plans to keep its current team and continue the service as normal — Don't worry: It will keep your profiles and scrobbles. — Last.fm is an independent company again, it has announced on its forum … | Garrett Downs / CNBC: |
The US DOD announces a $9.7B, five-year deal with Dell to provide Microsoft 365, advanced cloud subscriptions, and on-premises licensing to the US military — The Department of Defense on Wednesday announced a five-year, roughly $9.7 billion deal with Dell to provide a suite of software to the U.S. military.| Simon Willison / Simon Willison's Weblog: |
| Jyoti Mann / The Information: |
Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools — Meta Platforms plans to place engineers and product managers inside large corporate customers as part of a new unit … | Jonathan Vanian / CNBC: |
| Bloomberg: |
Internal speech: JD.com founder Liu Qiangdong vows to protect the company's 900,000 employees from AI and automation, saying it will “do everything possible” — JD.com Inc. founder Liu Qiangdong vowed to prevent the e-commerce firm's 900,000-strong workforce from losing their jobs to automation … | Jay Peters / The Verge: |
Valve raises Steam Deck OLED prices due to “rising memory and storage costs”; the 512GB model is now $789, up from $549, and the 1TB model is $949, up from $649 — The 1TB OLED model got a $300 price increase, and now costs $949. … Valve has significantly increased the price … | Brian Danga / The Block: |
SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app — Quick Take — SoFi said its U.S. dollar-pegged stablecoin is now available for members to buy, sell, hold, and convert within the SoFi app.| Jared Perlo / NBC News: |
Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk — The measure, SB 315, goes beyond legislation from California and New York regulating America's largest AI companies.| Jesse Hamilton / CoinDesk: |
The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case — The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.| Financial Times: |
Sources: Uber increases its stake in Delivery Hero to ~37% by acquiring Aspex Management's 14.6% share at a €12B valuation, after a takeover offer last week — Share purchase from Aspex Management steps up US ride-hailing group's pursuit of German food delivery company| Chris Vallance / BBC: |
UK researchers win access to Google's Willow quantum chip, which it says completes a calculation in five minutes that takes supercomputers 10 septillion years — Scientists from King's College London have become the first UK academic research team to gain access to Google's cutting-edge … | CNBC: |
Snowflake reports Q1 revenue up 33% YoY to $1.39B, above $1.32B est., and commits to spending $6B on AWS over the next five years; SNOW jumps 35%+ pre-market — Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the use … | Bloomberg: |
The European Commission launches a full review of JD.com's €2.2B acquisition of German electronics retailer Ceconomy under its Foreign Subsidies Regulation — Chinese e-commerce firm JD.com Inc.'s offer to acquire Germany's Ceconomy AG has been hit by an in-depth probe by European Union watchdogs … | Chloe Taylor / CNBC: |
The UK's GCHQ head says the UK and allies have a “narrowing window” to counter cyber threats from China and Russia, as Russia intensifies “daily” hybrid warfare — Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.| Financial Times: |
Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals — World's highest-grossing law firm plans to put the ‘collective intelligence’ of its lawyers into a tech platform| Sam Schechner / Wall Street Journal: |
Mistral says it is accelerating superintelligence development to ensure Europe's independence from US tech giants, and signs deals to supply Airbus and BMW — French company's CEO says its—and Europe's—biggest obstacle to tech independence is the scale of investment necessary| Paul Sandle / Reuters: |
Dealroom: London overtakes Paris to reclaim its position as Europe's leading tech hub, and now ranks fourth globally; London startups raised $17.7B in 2025 — London has reclaimed its position as Europe's leading technology centre, overtaking Paris thanks to increased investment … | Jeremy Kahn / Fortune: |
London- and SF-based Orbital Industries, which uses its Orb model to design advanced materials and then sell them directly, raised a $50M Series B led by Plural — Orbital Industries, a startup using AI to design advanced materials, has raised a $50 million Series B funding round led by the venture capital firm Plural.| Svea Herbst-Bayliss / Reuters: |
Chip design software maker Synopsys reaches a deal with Elliott, giving one board seat to the activist investor's Jesse Cohn, after roughly two months of talks — Chip design software maker Synopsys (SNPS.O) has reached an agreement with activist investor Elliott Investment Management … | Bloomberg: |
Swiggy CEO Sriharsha Majety says the company plans to stay out of India's commerce spending war, as Amazon and Flipkart ramp up their quick commerce efforts — Swiggy Ltd., one of India's top quick commerce firms, plans to restrain spending and focus on profitability while deeper-pocketed rivals Flipkart … | Aileen Chuang / Bloomberg: |
Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity — Taiwanese tech firms have completed a record $14.5 billion of debt deals so far this year, as they race to secure financing … | Bloomberg: |
Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise — The global AI investment boom is powering a new wave of Chinese exports and making Beijing more comfortable with a stronger yuan.| Nikkei Asia: |
Surging AI demand causes shortages and price increases across the entire optical supply chain, from lasers and substrates to optical fibers and connectors — TAIPEI — Having already driven massive shortages in memory chips and CPUs, the global artificial intelligence boom is now disrupting … | Rivaldo Jantjies / Bloomberg: |
As the US AI boom drains venture capital from Africa, startups on the continent are pivoting to domestic funding sources, like pension funds and local VC firms — African startups are rewriting their funding playbook as the global artificial intelligence boom pulls venture capital toward the US … | Patience Haggin / Wall Street Journal: |
Trade Desk's market cap fell ~70% from a December 2024 peak, as it contends with frustrated agency partners, competition from Google, and new entrant Amazon — The company lost about 70% of its value as Amazon gained ground and relationships with top ad agencies soured| Michael Kan / PCMag: |
Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger — Amazon has revealed that it's taking over Apple's 20% stake in Globalstar as part of its $11.6 billion acquisition of the satellite communications provider.| Reuters: |
Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies — Global companies are using AI at their Indian hubs to bring more creative work in-house, cutting turnaround time and their reliance …
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.
Meet the all-new Zia: Your AI-powered HR for smarter work — HR is evolving. It's no longer just about managing processes like hiring, attendance, payroll, and performance. Today, it's about delivering better …
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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| Jordan Novet / CNBC: |
| Todd Spangler / Variety: |
| Dan Goodin / Ars Technica: |
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| Todd Spangler / Variety: |
| Hannah Erin Lang / Wall Street Journal: |