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Hopper Agrees to Pay $35 Million Over Hidden Fee Allegations

Travel booking app Hopper has agreed to pay $35 million to settle U.S. Federal Trade Commission allegations that it charged users hidden fees and misrepresented the costs and benefits of…

Anthropic Holds Talks With Samsung Over Potential Custom AI Chip

Anthropic is reportedly discussing a potential custom AI chip partnership with Samsung as it seeks more control over the computing hardware used to develop and operate Claude. The discussions remain…

Former Wisk Aero Manager Sues Company Over Alleged Safety Retaliation

A former software manager has sued Wisk Aero, alleging that the Boeing-owned air taxi developer fired her after she raised concerns about reduced software testing. Briahna O’Neill filed the discrimination…

Magnify Ventures Raises $46.6 Million Fund for AI and Care Economy Startups

Magnify Ventures has closed $46.6 million for its second fund, which will invest in early-stage companies building AI-powered technology for households, healthcare and family finances. Pivotal Ventures, the organization founded…

OpenAI Proposes Giving U.S. Government a 5% Equity Stake

OpenAI CEO Sam Altman has discussed giving 5% of the company’s equity to a U.S. sovereign wealth fund, according to the Financial Times. The preliminary proposal would give the public…

TV Time to Shut Down on July 15 as Whip Media Focuses on AI Platform

TV Time will discontinue its television and movie tracking app after July 15, 2026, ending a service used by more than 25 million people. Owner Whip Media said operating TV…

Lucid Replaces CFO and Reshapes Leadership After Latest Job Cuts

Lucid Motors is replacing chief financial officer Taoufiq Boussaid and appointing several new executives as CEO Silvio Napoli continues to restructure the electric vehicle company. The changes will cut the…

DHS Investigates Breach of Sensitive Homeland Security Information Network

The U.S. Department of Homeland Security is investigating a cyberattack involving the Homeland Security Information Network, a platform used by government agencies and law enforcement to share sensitive information. The…

Microsoft Commits $2.5 Billion to New Enterprise AI Deployment Business

Microsoft has formed a new operating business that will embed industry specialists and engineers within customer organizations to deploy AI systems. Microsoft Frontier Company will receive a $2.5 billion investment…

Tesla Delivers Record 480,126 Vehicles in Second Quarter

Tesla delivered 480,126 vehicles during the second quarter of 2026, setting a company record for the April-to-June period. Deliveries increased by 34% from 358,023 vehicles in the first quarter and…

Rivian Raises 2026 Delivery Forecast After Strong Second Quarter

Rivian has raised its 2026 delivery forecast after vehicle shipments exceeded its expectations during the second quarter. The electric vehicle maker now expects to deliver between 65,000 and 70,000 vehicles…

Cloudflare to Block Mixed-Use AI Crawlers on Ad-Supported Pages

Cloudflare will begin blocking mixed-use web crawlers from ad-supported pages by default on September 15, 2026. The policy targets crawlers that combine traditional search indexing with AI training or agent…

Honda Begins Producing Batteries for Data Centers After Scaling Back U.S. EV Plans

Honda has started producing batteries for stationary energy storage systems, redirecting cells originally intended for electric vehicles toward data centers and other power applications. The production shift follows the automaker’s…

Sony to End Physical PlayStation Game Discs in January 2028

Sony Interactive Entertainment will stop producing physical discs for all new PlayStation games from January 2028. Games released after the cutoff will be sold digitally through the PlayStation Store and…

Internet Pioneer Vint Cerf to Retire From Google After 20 Years

Vint Cerf, one of the computer scientists who helped develop the foundations of the internet, will retire from Google next week. The 83-year-old has served as the company’s vice president…

Chinese Tycoon Guo Wengui Sentenced to 30 Years for $1 Billion Fraud

Chinese property tycoon and political activist Guo Wengui has been sentenced to 30 years in a U.S. federal prison for defrauding thousands of his online followers. A New York jury…

BAT to Cut 5,500 Jobs and Outsource 3,500 Roles in Global Restructuring

British American Tobacco will cut about 5,500 jobs and transfer another 3,500 roles to external partners by the end of 2026. The changes will affect nearly one-fifth of its global…

Jio Platforms and NSE Prepare Landmark IPOs for India’s Stock Market

Jio Platforms and the National Stock Exchange of India are preparing for initial public offerings that could rank among the country’s largest listings. Both companies filed draft prospectuses with India’s…

TG Jones Wins Court Approval to Close Up to 150 Stores

TG Jones has secured High Court approval for a restructuring plan that could close up to 150 stores and impose substantial rent reductions across much of its remaining estate. The…

Australian Watchdog Sues Amazon Over Prime Video Advertising Terms

The Australian Competition and Consumer Commission has sued Amazon over claims that it used unfair contract terms to introduce advertising to Prime Video. The regulator alleges that more than one…