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Myspace eyes comeback to rival giants amid growing social media fatigue
A folder of social media applications, including TikTok, Instagram, X (formerly Twitter), Snapchat, YouTube, Facebook, Threads, Discord, and Messenger. Nurphoto | Nurphoto | Getty ImagesMillennials may feel a pang of nostalgia at the…
Here’s how we played the massive rebound in AI stocks this week
AI stocks came roaring back this week as investors worked through another wave of corporate earnings and a surprisingly weak July jobs report . The major averages notched a second straight week of gains, with the Dow Jones Industrial…
X replaces ‘misaligned’ revenue sharing program with Original Content Rewards
X, the social media platform now owned by Elon Musk’s SpaceX, is shaking up how it pays influencers and creators.
In announcing the change, the company said it will be winding down its existing Revenue Sharing program and replacing it…
Cyber execs on the AI Hugging Face hack: The situation is ‘urgent’
Omer Taha Cetin | Anadolu | Getty ImagesCybersecurity executives are ready to close the book on the now-infamous Hugging Face artificial intelligence hacking incident and start talking solutions."We need to chill the hype a little bit,"…
OpenAI says it slowed Astra model development over security concerns
OpenAI said Friday it has suspended work on some aspects of its upcoming model Astra after an internal review found it had made significant advancements in agentic coding and cybersecurity — enough to warrant concern over its…
‘SaaSpocalypse’ debate intensifies as software stocks swing wildly
Michael Cannon-Brookes, co-CEO of Atlassian.Scott Mlyn | CNBCThe "SaaSpocalypse" was raging this week. Then it got a reprieve.The pennies-on-the-dollar acquisition of one-time highflyer Airtable, followed by plunges in HubSpot, Datadog…
The Situational Awareness unwind is only one reason the AI trade is back
It was a clearing event after all. It's been just over a week since the forced unwind of the high-flying Situational Awareness hedge fund, and the artificial intelligence trade is now standing on solid ground after a turbulent July…
Cloudflare launches Kitesurf, a browser built for AI agents
Cloudflare is the latest company to join the race to build a new web browser. But instead of pitching a Chrome alternative to consumers, the internet infrastructure provider launched Kitesurf, a cloud-hosted browser designed…
SK Hynix to invest $38 billion building new memory chip plants
SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty ImagesSK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new…
OpenAI’s new AI smart speaker will reportedly sell for between $300 and $400
More details continue to trickle out about OpenAI’s mysterious new hardware device — described previously as an AI-fueled smart speaker that will be the “physical manifestation” of ChatGPT.
Bloomberg now reports that the device will be…
Meta to pay into $567 million fund after child harms case New Mexico
Meta was ordered to pay $567 million into an abatement fund in New Mexico as part of a public nuisance case that's just one of many suits the company faces related to alleged harms caused by its apps. The fund comes on top of the $375…
‘AI Kill Switch’ bill needs to be passed this year, Rep. Lieu says
Rep. Ted Lieu, D-Calif., one of the authors of the "AI Kill Switch Act," said Thursday that the ongoing hacks by rogue artificial intelligence agents are adding urgency to getting the bill passed."We need to get this bill across the…
eBay continues to bet on live shopping after record quarter
As eBay tries to keep up with competitors like Whatnot and TikTok Shop, the online marketplace is making a bigger push into live shopping after seeing record results.
During its second-quarter earnings call on Wednesday, the company…
SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance's value helped its Vision Fund division.The Japanese giant said net…
Get up to $400 off your TechCrunch Disrupt 2026 pass until Friday
Let’s cut to the chase: Starting today, you can take an additional $100 off of our current $300 discount for your founder, investor, or attendee TechCrunch Disrupt 2026 pass, which is a nice bonus on top of our current discounted…
SpaceX spent more on Tesla Megapacks in Q2 to power AI data centers
Tesla Megapack batteries during a tour of the Elkhorn Battery Energy Storage System in Moss Landing, California, U.S., on Monday, June 6, 2022. Nic Coury | Bloomberg | Getty ImagesSpaceX ramped up spending on energy products from CEO…
We’re adding to our position in a chipmaker as the AI trade regains its footing
Shortly after the opening bell, we will buy 100 shares of Intel at roughly $97.97. Following the trade, Jim Cramer's Charitable Trust will own 1,300 shares of INTC, increasing its weight in the portfolio to about 3.20% from 3%. After…
Indian EV startup River raises $120M Series C to scale production, launch more models
Indian electric vehicle startup River on Wednesday said it had raised $120 million to scale manufacturing for its next phase of growth.
The Series C round was led by Indian investors Elev8 Venture Partners and Claypond Capital, with…