Filing: GameStop acquires 4,710 bitcoin for its corporate treasury, but does not disclose the total purchase amount, after announcing a bitcoin plan in March — - The video game retailer announced a 4,710 bitcoin purchase on May 28. — GameStop previously announced plans to adopt Bitcoin …
ASML's stock is down ~25% in the past year from a record ~€1,000 in July 2024, cutting $130B+ from its market cap, amid China export rules and US tariffs — More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty
Memo: Match Group CEO Spencer Rascoff, set to become Tinder CEO in July, lays out a new vision for the app, including speeding up product changes and using AI — Spencer Rascoff is rethinking Match Group's biggest app as younger online daters grow tired of swiping
Getty Images CEO Craig Peters says Getty is spending “millions and millions” on its Stability AI lawsuit in the UK and the US, accusing it of copying 12M images — Peters told CNBC in an interview that both Stability AI — the U.K.-based startup best known for its text …
The European Commission says it is investigating Pornhub, Stripchat, XNXX, and XVideos for potential child safety DSA violations “as a matter of priority” — New rules compel large online platforms to do more to protect users from harmful illegal content
The Browser Company says it is pivoting away from its Arc browser to build AI-native browser Dia, citing Arc's complexity and limited mass-market appeal — On Arc, its future, and the arrival of AI browsers — a moment to answer the largest questions you've asked us this past year. — The Browser Company
Sources: Tim Cook declined a WH invitation to join Jensen Huang and others on Trump's Middle East trip, during which Trump criticized Cook and praised Huang — Apple's chief executive has gone from winning President Trump's praise to drawing his ire, deepening the company's woes in a very bad year.
At its Build conference, Microsoft sought to show its key role in the AI industry, with Sam Altman, Elon Musk, and Jensen Huang making virtual appearances — Sam Altman, Elon Musk and Jensen Huang's appearances at Build event reflect software giant's grip on AI industry
London-based Converge, which uses sensors and AI to optimize the use of concrete in construction projects, raised a $22M Series A led by Dutch bank ABN Amro — Converge, a concrete sensor and AI startup, has closed $22 million in the second tranche of a Series A round, the company tells Axios.
Sarvam AI's 24B-parameter LLM for Indian languages Sarvam-M receives only 334 downloads in two days on Hugging Face, raising concerns about AI efforts in India — Much of Sarvam's criticism comes from comparing it to OpenAI or DeepSeek, while the problem the company is trying to solve is fundamentally different.
Grok's tendency to repeat debunked claims raises doubts about Elon Musk's goal of making it a reliable source of information in high-stakes areas like medicine — Grok has proved popular with X users. But a string of bizarre blunders has threatened to turn it into a punchline.
Some VCs, such as Khosla Ventures, are considering acquiring mature businesses, like call center operators, and optimizing them with AI to serve more customers — Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries …
Sources: Nvidia plans to launch a new AI chip priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, after US export curbs — Nvidia (NVDA.O) will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model …
X appears to be in the midst of a significant outage globally, after a fire reportedly broke out in an Oregon data center owned by X on Thursday — Feeds aren't loading on X following a reported data center fire earlier in the week. … Elon Musk's X appears to be in the midst of a significant outage.
The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February — Early data shows the partnership is off to a slow start, as Reliance's retail machine struggles to cement its place in a market dominated by Amazon and Walmart.
The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...
