Meta Seeks Approval to Trade Electricity to Support Data Center Power Needs
Meta is seeking federal approval to trade electricity, a move the company says will help accelerate the development of new power plants needed to supply its data centers. Bloomberg reported…
Daily Mail Publisher Reaches £500 Million Deal to Acquire the Daily Telegraph
The publisher of the Daily Mail has agreed to buy the Daily Telegraph and Sunday Telegraph for £500 million, marking the latest development in a long-running ownership battle. Daily Mail…
Scammers Continue Targeting Companies With Fake TechCrunch Outreach
TechCrunch says an increasing number of scammers are impersonating its reporters and events staff to approach companies, using the publication’s name to extract sensitive information. The outlet said inquiries from…
Google Executive Says AI Compute Must Double Every Six Months to Meet Rising Demand
Google’s AI infrastructure chief told employees that the company must double its compute capacity every six months to keep up with rising demand for artificial intelligence services. The internal message…
Salesforce Investigates Data Access Incident Linked to Gainsight-Connected Applications
Salesforce says hackers accessed some customers’ data through Gainsight-connected applications, prompting an ongoing investigation into how attackers reached systems tied to the customer-success platform. The company said the activity does…
Walmart posts strong quarterly growth as shoppers hunt for holiday deals
Walmart is heading into the holiday season with more confidence than many U.S. retailers, reporting stronger-than-expected quarterly sales and raising its full-year outlook as consumers across income levels seek value…
Adobe plans $1.9B purchase of Semrush to expand marketing stack
Adobe said on Wednesday that it reached an agreement to acquire Semrush for about $1.9 billion in cash, adding the search and content-optimization platform to its wider digital marketing portfolio.…
Nvidia Shares Rise After Revenue and Forecast Exceed Wall Street Expectations
Nvidia Beats Revenue Estimates and Raises Outlook Amid AI Market ConcernsNvidia reported quarterly results that surpassed Wall Street’s expectations for both revenue and future sales, easing investor concerns about heavy…
Emm Raises $9 Million to Develop One of the First Smart Menstrual Cups With Built-In Sensor Technology
Startup Unveils Smart Menstrual Cup After Five Years of DevelopmentEmm raised a $9 million seed round to support the launch of what its founder Jenny Button describes as one of…
Trump Administration Approves $1 Billion DOE Loan to Restart Three Mile Island Reactor for Microsoft-Backed Power Deal
DOE Loan Supports Restart of Three Mile Island’s Unit 1 ReactorThe Trump administration said Tuesday it will provide Constellation Energy with a $1 billion loan to restart a nuclear reactor…
Lambda Raises $1.5 Billion After Securing Multibillion-Dollar AI Infrastructure Deal With Microsoft
Lambda Secures Major Funding Round Led by TWG GlobalAI data center provider Lambda raised $1.5 billion in new financing led by TWG Global, a $40 billion investment firm created by…
Idaho Dealership Claims Monarch’s Tractors Failed to Deliver Promised Autonomy
Monarch Tractor is being sued by Burks Tractor, an Idaho dealership that says the company misrepresented the autonomous abilities of its electric tractors. The lawsuit alleges the machines were “unable…
a16z Leads $21 Million Series A Into AI-Native Tax Compliance Platform Sphere
Startup Rebuilds Itself to Solve Global Tax Challenges for Scaling CompaniesSphere raised a $21 million Series A led by a16z after pivoting from an edtech marketplace named ScholarSite into an…
Judge Rules Meta Does Not Hold a Monopoly After Instagram and WhatsApp Acquisitions
Court Rejects FTC Argument That Meta Built a Social Media MonopolyA U.S. district judge ruled that Meta Platforms did not violate antitrust laws through its acquisitions of Instagram and WhatsApp…
Google Chief Says Trillion-Dollar AI Investment Boom Shows “Elements of Irrationality”
Sundar Pichai Warns That No Company Would Be Immune If an AI Bubble BurstAlphabet chief executive Sundar Pichai said the surge in artificial intelligence investment contains “elements of irrationality” and…
Baby Shark: How a 90-Second Clip Grew Into a Business Valued at More Than $400 Million
A Short Children’s Video Becomes YouTube’s Most Watched ClipA 90-second children’s song that Kim Min-seok approved for release in June 2016 grew into one of YouTube’s biggest phenomena, accumulating more…
Cisco Acquires Real-Time Translation Startup EzDubs
Acquisition Brings EzDubs’ Voice-Preserving Translation Tech Into Cisco’s Collaboration ProductsCisco acquired EzDubs, a Y Combinator-backed startup that provides real-time translation, and announced the deal over the weekend without disclosing the…
Mastodon CEO Steps Down as the Social Network Restructures
Leadership Shift as Mastodon Moves Into a Non-Profit ModelMastodon creator Eugen Rochko is stepping down as CEO as the decentralized social network transitions into a non-profit structure announced earlier this…
DoorDash Confirms Data Breach Exposing Users’ Phone Numbers and Physical Addresses
Contact and Location Details Among Compromised InformationDoorDash confirmed a data breach that exposed names, email addresses, phone numbers, and physical addresses belonging to an unspecified number of users. The company…