An interview with California state Senator Scott Wiener on his new AI safety bill SB 53, the bill's scope, his focus on AI safety bills, AI PACs, and more — This is not California state senator Scott Wiener's first attempt at addressing the dangers of AI.
Checkout.com announces an employee share buyback at a $12B valuation, up 30% from $9.35B two years ago yet below $40B in 2022, and says an IPO isn't a priority — Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation …
OLX Group, an online marketplace owned by Prosus, agrees to acquire La Centrale, a French auto classifieds platform, for $1.3B in cash, expected to close in Q4 — Prosus NV-owned OLX Group BV is buying French online auto trader La Centrale for €1.1 billion ($1.3 billion) to expand its business into Western Europe.
Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground — The race for Unified Payments Interface (UPI) market share is heating up, with smaller fintechs ramping up volumes and pushing …
WeTravel, whose travel payments software is used by group travel operators, raised a $92M Series C at a ~$450M valuation, up from ~$100M in 2022 — WeTravel, a travel payments software company, raised $92 million in Series C funding, CEO Ted Clements tells Axios.
UK's National Crime Agency says it's arrested a man in connection with a cyberattack that has caused days of disruption at Heathrow and other European airports — A person has been arrested in connection with a cyber-attack which has caused days of disruption at several European airports including Heathrow.
Spotify reinstates integration with third-party DJ software for Premium subscribers in 51 markets, including the US, after pulling support in 2020 — Budding mixmasters can create sets from pre-existing playlists. — Spotify just announced integration with popular DJ software platforms like rekordbox, Serato and djay.
Michael Moritz says Trump's “H-1B caper will backfire” and shows the “fragile grasp” Trump and his acolytes have of what makes the US tech sector so successful — The move shows how slender a grasp the president has of what makes the American economy so successful
London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others — Fnality International Ltd., a UK-based blockchain-payments company, has raised $136 million in a funding round led …
Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue — Auterion, a startup that provides software to military drones, has raised $130 million to expand its operations abroad …
A look at the Nvidia-OpenAI deal, where Nvidia will invest in $10B tranches; sources say OpenAI informed Microsoft about the deal a day before it was signed — ABILENE, Texas - Sam Altman had a deadline. OpenAI's CEO was headed to Texas to unveil his company's next big infrastructure push …
Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 — Cardless, a co-brand credit-card startup, raised $60 million in fresh venture funds to add features and build programs with name-brand clients …
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and Open AI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama …
Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline — Nordic power companies stand to win big from Europe's data-center boom, as cool weather and lower power prices entice more mega-projects northward.
A review of Tim Berners-Lee's new book This is for Everyone, while his startup Inrupt, which aims to commercialize the Solid web protocol, struggles to scale — The World Wide Web inventor criticises the ‘rage bait’ of algorithms and social media — and advocates tighter user control of personal data
Financial Times : Sources: private capital giant Apollo Global has shorted loans and rapidly cut exposure to the enterprise software sect...
