Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China — Chinese AI startup Zhipu is considering shifting its planned initial public offering to Hong Kong instead of mainland China …
Google launches its AI-powered ad tools in India; the country repealing its so-called “Google Tax” boosts its appeal to global tech companies selling online ads — Google has launched a suite of its AI-powered advertising tools in India, which debuted in the U.S. in May …
Ikea plans to relaunch its smart home line with 20+ new Matter-over-Thread devices, set to release in January 2026, and updates its Dirigera smart home hub — Ikea is relaunching its smart home line in a move that will make its low-cost products work with other brands, with or without Ikea's own hub.
Google rolls out a new Gmail feature to manage subscriptions, showing a list of emails delivered via active subscriptions, sorted by the most frequent senders — The new Manage Subscriptions view in Gmail will help you reclaim an inbox overrun with emails you don't want.
Apple supplier Lens Technology, one of the top smartphone part makers, raised ~$608M in its Hong Kong IPO, as the Chinese company looks to expand overseas — HONG KONG — Apple supplier Lens Technology announced it has raised 4.77 billion Hong Kong dollars ($608 million) in a share listing in Hong Kong …
Bluesky rolls out Activity Notifications, letting users receive notifications of new posts and replies from selected accounts, as it expands its sports presence — A new update has also added much more control over which notifications users will see, and who can trigger them.
OnePlus launches five products: the midrange €449 Nord 5 smartphone, the €349 Nord CE 5, a smaller €299 Watch 3 wearable, the €119 Buds 4, and the €229 Pad Lite — The Nord 5 and Nord CE 5 phones, and the Pad Lite tablet, are all headed to Europe.
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity — The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.
Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from rivals, after a GitHub group accused it of copying — The Pangu Pro MoE is the world's first model of its kind to be trained on Ascend chips — Huawei's answer to Nvidia Corp.'s AI accelerators …
Experts say ransomware group DragonForce, which targeted M&S, Harrods, and the Co-op, started a turf war with rival RansomHub, potentially bringing more hacks — A clash between rival criminal ransomware groups could result in corporate victims being extorted twice, cyber experts warn
Adalytics finds 9,000+ pirated movies, including summer blockbusters, TV shows, and live sports on YouTube, amassing a collective 250M+ views from July to May — More than a decade after the platform cracked down on copyright infringement, thousands of unlicensed movies, TV shows and live sports are available.
Velvet Sundown, an AI‑created band with ~850,000 monthly Spotify listeners and two recent albums, shows how some listeners are turning to anodyne AI music — “ Rubber burns, the map fades away / Chasing the ghosts of yesterday.” Sure, fine. — The traffic receded as Chicago withdrew …
DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services — - Major protocols like PancakeSwap have emerged as fee-generating leaders, accumulating $275 million in fees through …
A profile of Steam developer Valve, which has a flat corporate structure and high profit per head; Ampere: Steam hit 170M MAUs in May, versus 153M a year prior — Peering inside one of the tech world's strangest companies — Here at FT Alphaville we love exploring “black hole” companies …
House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act — US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they've dubbed “Crypto Week.”
The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...
