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Shopify reports Q2 revenue up 34% YoY to $3.6B, above $3.45B est., GMV up 32% YoY to $115.6B, and forecasts Q3 revenue above est.; SHOP jumps 30%+ pre-market (Deborah Sophia/Reuters)
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Uber reports Q2 revenue up 12% YoY to $14.2B, below $14.24B est., Gross Bookings up 24% to $58B, above $57B est., and forecasts Q3 adjusted EPS below est. (Lora Kolodny/CNBC)
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Circle reports Q2 revenue up 7% YoY to $701M, below $712M est., net income of $48M, vs. $43M est., and USDC circulation at $73.4B on June 30; CRCL fell 20% YTD (Olga Kharif/Bloomberg)
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Study: Palantir's European units made €440.5M in 2024 revenue but reported sharply lower margins than its US operations, helping cut its European tax bill (Antoaneta Roussi/Politico)
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Disney announces a global deal with TikTok to bring "thoughtfully curated" fan-created short-form videos based on Disney's IP to Disney+'s vertical Verts feed (Brooks Barnes/New York Times)
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Dubai-based vehicle fleet management startup Moove raised $250M led by Abu Dhabi's Mubadala at a $2.1B valuation to build autonomous vehicle "nests" for docking (Loni Prinsloo/Bloomberg)
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Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI demand, as enterprises shift from experimentation to deployment (Leo Marchandon/Reuters)
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Uber and Wayve say Wayve received London private hire vehicle licenses for supervised robotaxis ahead of a full rollout; Waymo plans to offer robotaxis in 2026 (Natalie Lung/Bloomberg)
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At the 2026 International Congress of Mathematicians, 20+ mathematicians reflect on how AI advances are transforming their work and field; many are optimistic (Kai Williams/Understanding AI)
Kai Williams / Understanding AI : At the 2026 International Congress of Mathematicians, 20+ mathematicians reflect on…
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How Reddit moderators are battling AI-powered astroturfing ad campaigns that exploit the platform's trusted reputation to promote skincare and other products (Mia Sato/The Verge)
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Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the US (Reuters)
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A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026 (Wall Street Journal)
Wall Street Journal : A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the…
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Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs (Reuters)
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Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shopping (Jeff John Roberts/Fortune)
Jeff John Roberts / Fortune : Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via…
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The AI frenzy has divided the VC market, as the gap between top and bottom performers has more than doubled for 2024 funds compared to funds from 2017 to 2021 (Bloomberg)
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SpaceX reports Starlink subscribers up 100% YoY to 12M, vs. 12.19M est., and monthly ARPU of $66, down from $85 a year earlier (Todd Bishop/GeekWire)
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House panel report: US telcos connected their systems to data centers in a way that exposed them to vulnerabilities, potentially enabling Salt Typhoon hacks (Kelcee Griffis/Bloomberg)
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OpenAI says one of its models exploited a website after third-party AI security lab Irregular mistakenly gave it access to the internet during evaluations (Wired)
Wired : OpenAI says one of its models exploited a website after third-party AI security lab Irregular mistakenly gave…
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Coupang reports Q2 revenue up 4% YoY to $8.9B and an operating loss of $556M, vs. $361M est., due to a $409M data breach fine; CPNG drops 7%+ after hours (Yoolim Lee/Bloomberg)
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SpaceX President Gwynne Shotwell says the company aims to build out ground-based infrastructure to complement its satellite network for "a true mobile service" (Reuters)
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An internal TikTok doc shows it withheld a safeguarded algorithm from 10% of US users, including a 16-year-old who was fed self-harm content and died by suicide (Olivia Carville/Bloomberg)
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Match reports Q2 revenue down 1% YoY to $853M, vs. $856.6M est., 13.3M paying users, vs. 13.4M est., forecasts Q3 revenue below est.; MTCH drops 8%+ after hours (Samantha Kelly/Bloomberg)
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The UK AISI says it observed a total of 19 instances where Mythos and GPT-5.6 Sol tried to hack people and companies during a routine cyber evaluation in July (Sam Sabin/Axios)
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Sources: the US' AI framework excludes open models and defines a covered frontier model as closed source with SOTA capabilities and national security risks (Maria Curi/Axios)
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SpaceX says its Q2 capex was $18.4B, up from $2.8B a year ago, including $15.8B for AI (Micah Maidenberg/Wall Street Journal)
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SpaceX reports Q2 revenue of $4.29B from its connectivity division, which includes Starlink, $100B of cash and marketable securities, and a $47.5B order backlog (Nathan Bomey/Axios)
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Pinterest reports Q2 revenue up 18% YoY to $1.18B, vs. $1.15B est., MAUs up 11% to 640M, forecasts Q3 revenue in line with estimates; PINS drops 8%+ after hours (Jonathan Vanian/CNBC)
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A US appeals court overturns a ruling that had temporarily barred Perplexity from using its agentic shopping tools on Amazon's platform (Blake Brittain/Reuters)
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AMD reports Q2 revenue up 50% YoY to $11.5B, vs. $11.3B est., Data Center revenue up 107%, forecasts Q3 revenue below some estimates; AMD drops 7%+ after hours (Ian King/Bloomberg)
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EA says its $55B acquisition by PIF, Silver Lake, and Affinity Partners has closed, taking the company private; the deal includes $20B in debt financing (Jay Peters/The Verge)
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Samsung previews zHBM, which vertically stacks HBM atop AI accelerators, and zNAND-O, built on V-NAND, and unveils the industry's first V10 BV-NAND architecture (Yoolim Lee/Bloomberg)
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SpaceX reports Q2 revenue up 92% YoY to $7.8B, vs. $6.81B est., and an operating loss of $1.26B from its AI business, compared with a $2.39B estimate (Bloomberg)
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Sources: possible cyberattacks targeting water and wastewater utilities have now been reported in at least 12 US states, and Iran is the prime suspect (ABC News)
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Pavel Durov says an extortionist planted "illegal porn in a public chat" to get the app pulled from the App Store and manipulated Apple into "overreacting" (Emma Roth/The Verge)
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Mistral releases Shieldstral, a 3B multimodal safety classifier that it says matches models up to 7x its size on text safety, available under Apache 2.0 (Mistral AI Blog)
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Sources: the White House doesn't plan to publicly release its voluntary AI framework; details will be available to the companies that are part of the process (Maria Curi/Axios)
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Internal email: Microsoft introduces token budget limits for employees' AI use, saying "tokenmaxxing is not what we are optimizing for" (Emanuel Maiberg/404 Media)
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Anthropic names Mariano-Florentino Cuéllar, an ex-California Supreme Court justice and a special assistant in Obama's WH, as its first global affairs chief (Jeffrey Dastin/Reuters)
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Sandisk and SK Hynix announce the High Bandwidth Flash (HBF) open specification that enables up to 512GB memory modules with 0.4 TB/s to 3.0 TB/s bandwidth (Anton Shilov/Tom's Hardware)
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Sources: the US is preparing to set a price floor and impose tariffs on polysilicon, a material critical to chips, later this month, in a bid to counter China (Reuters)
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The DOJ secures a $3.2M settlement from OpenAI to resolve allegations it discriminated against US workers by preferring workers with temporary employment visas (Jimmy Jenkins/Bloomberg)
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Researchers: ChainDrop, a Shai-Hulud-based worm, compromised 1,300+ npm packages, including Keyv and Cacheable, with a combined 2B monthly downloads (Bill Toulas/BleepingComputer)
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Oligo, which offers runtime security tools, raised $60M from Ballistic Ventures, Canon Capital, and others, bringing its total funding to $140M (Duncan Riley/SiliconANGLE)
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Alpamayo 2 Super, Nvidia's frontier open reasoning model for robotaxis and AVs, is now available for commercial use under the OpenMDW-1.1 license (Jessica Soares/NVIDIA)
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Ambrook, which offers accounting software, raised a $30M Series B led by Lachy Groom as it expands beyond farming into trucking, construction, and real estate (Alex Konrad/Upstarts Media)
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New Jersey files an antitrust lawsuit against Amazon, alleging it uses its dominance to impose low pay and poor conditions on independent delivery drivers (Reuters)
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A World Bank report says developing economies stand to benefit more from AI boosting their workers' output than they will lose in jobs being replaced by AI (Joseph Cotterill/Financial Times)
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Convex, which provides an AI-optimized application backend for developers, raised a $57M Series B led by Insight Partners, taking its total funding to $110.5M (Maria Deutscher/SiliconANGLE)
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Analysis: in 2026 so far, US police arrested at least 37 people in connection to data center protests and intervened to prevent confrontations in 12 more cases (Joe Wilkins/Futurism)
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