Bending Spoons defies SaaS slump, surges 40% on first day of trading: The company has grown rapidly by acquiring and revamping last-generation tech brands like AOL, Eventbrite, Evernote, Meetup, and Vimeo. Read More
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Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office: Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office and Google Apps with AI. Read More
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Microsoft launches its own AI deployment company with $2.5 billion commitment: Microsoft follows Amazon, OpenAI, and Anthropic with its new AI deployment group. Read More
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US government says it got hacked — again: A top Democrat on the Senate's Intelligence Committee warned that the information accessed on a Homeland Security intelligence-sharing network may risk national security. Read More
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After $18B IPO, Bending Spoons founder says success comes from minimizing luck: The co-founders of Bending Spoons, the Italian company quietly buying beloved, ailing Internet brands, learned big lessons from their own startup's failure. Read More
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SpaceX has an AI device prototype, and it sure sounds phone-ish: SpaceX reportedly showed investors a "handset-like" AI device before going public. It could be another signal SpaceX wants to expand into wireless. Read More
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Tesla saw a massive sales jump in the second quarter: The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck. Read More
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Lucid Motors' CFO is out as its new CEO continues leadership shakeup: The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking off as expected. Read More
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Rivian raises EV sales forecast as Q2 production ramps up: The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month. Read More
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