A profile of Jumia, hailed as the "Amazon of Africa", as CEO Francis Dufay tries to hit profitability by 2027 after scaling down its food delivery business (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
A profile of Jumia, hailed as the “Amazon of Africa”, as CEO Francis Dufay tries to hit profitability by 2027 after scaling down its food delivery business  —  Six years after a high-profile listing, Jumia is still trying to prove that it can be a profitable business rather than a relic of the cheap money era

Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month (Bloomberg)

Bloomberg:
Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month  —  OpenAI is seeking to build a massive new data center in India that could mark a major step forward in Asia for its Stargate …

AI shopping agents are prompting sellers and brands to rethink how they sell online, as advertisers adopt techniques to appear more prominently in AI results (Financial Times)

Financial Times:
AI shopping agents are prompting sellers and brands to rethink how they sell online, as advertisers adopt techniques to appear more prominently in AI results  —  OpenAI, Perplexity and Google create AI-powered features, leading brands to rethink how they sell products online

Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots imperil the web and journalism's future, his company's pay-per-crawl initiative, and more (Fred Vogelstein/Crazy Stupid Tech)

Fred Vogelstein / Crazy Stupid Tech:
Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots imperil the web and journalism's future, his company's pay-per-crawl initiative, and more  —  Sixteen years ago Matthew Prince and classmate Michelle Zatlyn at Harvard Business School decided there was a better …

OpenLight, which designs custom application-specific silicon photonic chips, raised a $34M Series A as it targets the data center interconnect market (Dan Swinhoe/DatacenterDynamics)

Dan Swinhoe / DatacenterDynamics:
OpenLight, which designs custom application-specific silicon photonic chips, raised a $34M Series A as it targets the data center interconnect market  —  Company secures funds, targets data center interconnect market  —  OpenLight, a designer of custom application-specific photonic chips, has secured $34 million in funding.

Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State (Ryan Weeks/Bloomberg)

Ryan Weeks / Bloomberg:
Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State  —  Balaji Srinivasan wants to design a new kind of nation state, and he's making a troubled megaproject a testbed for his ideas.

A critique of two contrasting research papers on AI's impact on US employment trends, along with caveats from a Stanford study on jobs in AI-exposed fields (Noah Smith/Noahpinion)

Noah Smith / Noahpinion:
A critique of two contrasting research papers on AI's impact on US employment trends, along with caveats from a Stanford study on jobs in AI-exposed fields  —  Some top economists claim AI is now destroying jobs for a subset of Americans.  Are they right?  —  The debate over whether AI …

TikTok suspends its live feature for the "next few days" in Indonesia, citing "increasing violence in protests" over lawmakers' pay (Stefanno Sulaiman/Reuters)

Stefanno Sulaiman / Reuters:
TikTok suspends its live feature for the “next few days” in Indonesia, citing “increasing violence in protests” over lawmakers' pay  —  ByteDance's TikTok has suspended its live feature for the “next few days” in Indonesia following protests in the country, its spokesperson said in a statement on Saturday.

Filing: StubHub, which is planning a September IPO, says revenue grew 3% to $828M in H1, missing its earlier projection of $885M, with adjusted EBITDA down 7% (Cory Weinberg/The Information)

Cory Weinberg / The Information:
Filing: StubHub, which is planning a September IPO, says revenue grew 3% to $828M in H1, missing its earlier projection of $885M, with adjusted EBITDA down 7%  —  Even as StubHub makes a renewed push to go public, its business isn't expanding as quickly as it had hoped.

A study focused on OpenAI's GPT-4o mini found that LLMs can be persuaded to comply with objectionable requests using the same tactics that persuade humans (Dina Bass/Bloomberg)

Dina Bass / Bloomberg:
A study focused on OpenAI's GPT-4o mini found that LLMs can be persuaded to comply with objectionable requests using the same tactics that persuade humans  —  AI chatbots can be manipulated much in the same way that people can, according to researchers.  But first...  Three things to know:

DHS Secretary Kristi Noem fires 24 FEMA IT staffers, including the CIO and CISO; DHS says they failed security protocols and let hackers access FEMA networks (David DiMolfetta/Nextgov/FCW)

David DiMolfetta / Nextgov/FCW:
DHS Secretary Kristi Noem fires 24 FEMA IT staffers, including the CIO and CISO; DHS says they failed security protocols and let hackers access FEMA networks  —  An internal FEMA email obtained by Nextgov/FCW ordered all agency employees to change their passwords “due to recent cybersecurity incidents and threats.”

Sources: ChatGPT co-creator Shengjia Zhao threatened to quit Meta within days of joining and return to OpenAI; later, he was given the chief AI scientist title (Financial Times)

Financial Times:
Sources: ChatGPT co-creator Shengjia Zhao threatened to quit Meta within days of joining and return to OpenAI; later, he was given the chief AI scientist title  —  Longtime acolytes are sidelined as Big Tech chief directs biggest leadership reorganisation in two decades

India's largest telco Reliance Jio, owned by Asia's richest man Mukesh Ambani, says it aims to list its shares through an IPO in India by the first half of 2026 (Chandini Monnappa/Reuters)

Chandini Monnappa / Reuters:
India's largest telco Reliance Jio, owned by Asia's richest man Mukesh Ambani, says it aims to list its shares through an IPO in India by the first half of 2026  —  Telecom and digital giant Reliance Jio Platforms will file for an initial public offering in the first half of 2026 …

Google plans to invest an additional $9B in Virginia through 2026 to boost its cloud and AI infrastructure, including a new data center in Chesterfield County (Emily Forgash/Bloomberg)

Emily Forgash / Bloomberg:
Google plans to invest an additional $9B in Virginia through 2026 to boost its cloud and AI infrastructure, including a new data center in Chesterfield County  —  Alphabet Inc.'s Google is investing an additional $9 billion in Virginia through 2026 to enhance cloud and AI infrastructure across the state …

Microsoft is expanding Xbox Cloud Gaming to Game Pass Core and Standard subscribers, dropping the Game Pass Ultimate requirement, and tests more PC game access (Tom Warren/The Verge)

Tom Warren / The Verge:
Microsoft is expanding Xbox Cloud Gaming to Game Pass Core and Standard subscribers, dropping the Game Pass Ultimate requirement, and tests more PC game access  —  Xbox Game Pass Core and Standard subscribers are also getting access to some PC games.