| 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.| Wall Street Journal: |
| Axios: |
Demis Hassabis is stepping down as Google DeepMind's CEO to be the unit's chair and will add Alphabet chief scientist to his title; GOOG closes down 4%+ — Demis Hassabis is leaving his role as CEO of Google DeepMind to be the unit's chairman. Chief scientist Jeff Dean and several Google AI colleagues … | Reed Albergotti / Semafor: |
| 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 … | 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 … | 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.| Steven Levy / Wired: |
Jeff Dean and three other Google execs are leaving to launch Discovery Loop, which will seek AI-powered breakthroughs in drug discovery, chip design, and more — Jeff Dean and other high-profile Google executives have founded Discovery Loop, a startup that will seek AI-powered breakthroughs … | Cade Metz / New York Times: |
| 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.| 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 … | Britney Nguyen / MarketWatch: |
| 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 … | 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 … | Lawfare: |
| 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 … | 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 … | 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.| 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 … | 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.| 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.| Deborah Mary Sophia / Reuters: |
| 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.| 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: |
A look at Sequoia's revamped strategy under new stewards Alfred Lin and Pat Grady, including bold AI bets; sources: Sequoia recently closed $10B in new funding — Alfred Lin and Pat Grady are repositioning the 54-year-old firm for a world dominated by artificial intelligence.| Jada Jones / ZDNET: |
Google is expanding its Gemini-powered Ask Maps feature in English to 130+ countries and adds agentic food ordering, hotel booking, and attraction searching — ZDNET's key takeaways — Google expanded Ask Google capabilities. — Users can more easily order food, book hotels, and find attractions.| Emmett Lindner / New York Times: |
TikTok's US entity says it is closing its Nashville office, which held some of its content moderation team; filing: TikTok laid off 250 employees at the office — The office was home to members of the app's content moderation team. — TikTok's U.S. joint venture said on Wednesday …
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.
Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
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: |
| Kelly Cloonan / Wall Street Journal: |
| Reed Albergotti / Semafor: |
| Joseph Cox / 404 Media: |
| Jay Peters / The Verge: |