TechCrunch Top 3

Cybercriminals allegedly hacked tens of thousands of Fortinet firewalls used by major companies all over the world: An alleged Russian-speaking group of cybercriminals is reportedly compromising and targeting several major companies that use Fortinet Firewalls and VPNs through previously known passwords. Read More

Roelof Botha joins SpaceX's board of directors: The former Sequoia Capital leader is filling an "existing vacancy" on SpaceX's board, days after the company went public in the largest IPO ever. Read More

FTC lawsuit reveals how subscription scam networks evade app store enforcement: A new FTC lawsuit reveals how sophisticated subscription app operators can allegedly use shell companies and payment infrastructure to stay active on app stores despite mounting consumer complaints. Read More

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Afternoon Must-Reads

Anthropic becomes first AI startup to join the Frontier carbon removal coalition: Anthropic has joined the Frontier coalition, which received another $915M in pledges to fund carbon removal projects. Read More

Only 16 percent of Americans think AI will have a positive impact on society, a new study shows: Although Wall Street loves AI, every day Americans are significantly less optimistic about the industry, a new report from Pew Research shows. Read More

After unveiling ridiculously expensive AR glasses, Snap's stock takes a dive: Snap's long-awaited smart glasses debut hasn't exactly done wonders for the company's stock. Read More

SpaceX alum nabs $22M to turn rocket engines into geothermal power plants: Critical Energy is turning rocket engines into geothermal power plants, and it wants to build 300 GW per year by 2045. Read More

World leaders want American AI. They just don't want America to be able to turn it off.: French President Macron and Indian PM Modi raised alarms at the G7 summit that the U.S. could cut off access to American AI overnight — a fear the Anthropic blackout just made real. Read More

Last but Not Least

The slowtech revolution is here to kill your phone addiction and rescue your attention span: “People just really want to take back control of their time, their lives, their attention... They’re down for whatever helps them do that.” Read More