A US House committee plans to investigate GGV, GSR, Walden International, and Qualcomm Ventures over their VC investments in China in AI, chips, and quantum (Wall Street Journal)

Wall Street Journal:
A US House committee plans to investigate GGV, GSR, Walden International, and Qualcomm Ventures over their VC investments in China in AI, chips, and quantum  —  House select committee says American firms' investments contributed to China's military buildup and rights abuses

Used car retailer Carvana reaches a deal to restructure its debt to lower interest payments and reports a $105M loss in Q2, down from a $439M loss in Q2 2022 (New York Times)

New York Times:
Used car retailer Carvana reaches a deal to restructure its debt to lower interest payments and reports a $105M loss in Q2, down from a $439M loss in Q2 2022  —  Most of the company's bondholders have agreed to accept bonds that are worth less than what they were owed but that are secured against real estate and other assets.

TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag (Nikkei Asia)

Nikkei Asia:
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag  —  Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump  —  Sluggish demand for smartphones …

Here’s when OnePlus may launch OnePlus 12 smartphone

OnePlus will soon launch its first foldable smartphone -- OnePlus Open. However, the company is also gearing up for the launch of its flagship smartphone OnePlus 12. Now a new leak has surfaced online revealing the likely launch timeline of the smartphone. https://ift.tt/zG97Wkw

Pokémon Sleep now available on the App Store and Google Play Store

Pokémon has announced the debut of its Pokémon Sleep game app. The sleep tracker app that turns sleep into entertainment is now available in the App Store for iOS and Google Play for Android in Australia, Canada, Latin America and New Zealand. The company also shared the debut of its app on Twitter. Here are the details https://ift.tt/krgXVoM

Unity launches PolySpatial, announced in conjunction with Vision Pro at WWDC to help developers port and create a 3D experience for Apple's visionOS, in beta (Brian Heater/TechCrunch)

Brian Heater / TechCrunch:
Unity launches PolySpatial, announced in conjunction with Vision Pro at WWDC to help developers port and create a 3D experience for Apple's visionOS, in beta  —  Unity this morning announced that it has opened the beta version of its development platform for visionOS.