social media news - NewsLocker

Databricks Closes $5 Billion Round at $190 Billion Valuation

13-08-2026 23:03 via thenextweb.com

Databricks has closed a $5bn round at a $190bn valuation, led by Coatue, with revenue run-rate past $7bn and growth above 80% year on year. That is a 42% valuation increase in six months, and it comes after chief executive Ali Ghodsi called 2026 a bad year to go public. Databricks has closed $5bn at […]
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Meta gives 15,000 pairs of AI glasses to vision impaired users

13-08-2026 22:40 via socialmediatoday.com

The initiative is run through not-for-profit charitable organization Vision Ireland and may help assuage some negative sentiment about the devices.

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Instagram reveals its new logo

13-08-2026 22:27 via socialmediatoday.com

It’s the first updated branding for the app in more than a decade and users have received the refresh with mixed reactions.

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Google’s cheap model is now two versions ahead of its flagship

13-08-2026 22:09 via thenextweb.com

Google has released Gemini 3.7 Flash with sharp gains on coding benchmarks and introductory pricing of $0.75 per million input tokens. Gemini 3.5 Pro remains months behind schedule, and Google will not say whether it is still coming. Google has released Gemini 3.7 Flash, and still will not say when its flagship model is coming. […]
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Meta removed more than 750,000 teen accounts in Australia

13-08-2026 22:03 via socialmediatoday.com

The company credited artificial intelligence analysis for improving its enforcement rates with regards to the country’s eSafety Commission under-16 social media ban.

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X shares new insights into transparency and shadowbanning

13-08-2026 21:37 via socialmediatoday.com

The platform released an update to its code display on GitHub that allows users to check their content for any potential restrictions.

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Meta publishes holiday marketing guides

13-08-2026 21:33 via socialmediatoday.com

The company advised brands to start planning early in order to take advantage of audience insights before the December gifting phase heats up.

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Volvo’s new app grades your driving and sends the grade to your insurer

13-08-2026 21:20 via thenextweb.com

Volvo is launching Safety Coach, an optional app that scores braking, acceleration and cornering, with high scorers offered cheaper usage-based insurance through Volvia. It starts in Sweden and Norway this month, with the United States and other European markets to follow. Volvo is launching an app that scores how you drive and hands the result […]
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GM and LG restart Ohio battery production after seven idle months

13-08-2026 19:58 via thenextweb.com

Ultium Cells, the GM and LG Energy Solution joint venture, restarts EV battery cell production in Warren, Ohio next week after a seven-month shutdown, with about 1,400 workers. US EV sales rose 14.2% in the second quarter but remain 20.5% below a year earlier. The battery plant that GM and LG idled in January is […]
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Twitch will train Amazon’s AI on your streams unless you find the setting

13-08-2026 19:35 via thenextweb.com

Twitch has added a setting letting streamers stop Amazon using their streams, clips and chat to train generative AI, buried in security settings and off by default. Chief product officer Mike Minton explained the default plainly, saying that if it were opt-in, nobody would opt in. Twitch has added a setting that stops Amazon training […]
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OpenAI is not just replacing its revenue chief, it is rebuilding the sales operation

13-08-2026 19:10 via thenextweb.com

OpenAI chief revenue officer Denise Dresser is leaving after eight months, replaced by Dali Rajic, formerly president and chief operating officer of Wiz. The company has also hired recruiters to rebuild its go-to-market team, two days after longtime executive Brad Lightcap said he was leaving. OpenAI’s chief revenue officer is leaving after eight months in […]
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Europe built the world’s largest electric plane. It flew in New York

13-08-2026 18:53 via thenextweb.com

Heart Aerospace flew its X1 demonstrator at Plattsburgh International Airport on 12 August, the company announced. The aircraft taxied, took off, climbed, manoeuvred and landed. It reached 335 metres, and its all-electric propulsion produced more than one megawatt. The airframe explains the record. The X1 has a wingspan of about 32 metres, runs 23 metres […]
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Anthropic’s $2trn IPO is priced below what AI stocks already fetch

13-08-2026 18:40 via thenextweb.com

The number comes from investors, not the company. Six backers told the Financial Times that rising revenue would let the five-year-old lab more than double its valuation in an autumn listing. At $2 trillion it would eclipse SpaceX, which went public at $1.77 trillion in June. Anthropic itself has fixed nothing. Several investors said senior […]
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DeepSeek built a Claude Code rival, then quadrupled its prices

13-08-2026 18:24 via thenextweb.com

Start with the money, because it is the part every developer noticed. From 16 August, a million output tokens through DeepSeek-V4-Pro costs $3.96 at peak, up from $0.87. V4-Flash goes from $0.28 to $1.32, Bloomberg reported. Off-peak rates are half the new peak, so $1.98 and $0.66. Now hold those discount rates against last week’s […]
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ClickHouse and Hud build a runtime feedback loop for AI-generated software

13-08-2026 18:17 via thenextweb.com

The growing use of AI in software development is changing the bottleneck for engineering teams. Generating code is becoming faster, but reviewing its potential impact, validating releases, and responding to unexpected behavior still require context from production. Hud says AI now generates or assists with 42% of the code developers ship, and that share is […]
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Instagram changed its logo. The bit you actually tap is the same

13-08-2026 18:14 via thenextweb.com

Instagram changed its wordmark on Thursday. A wordmark is the written name, the word “Instagram” as it appears at the top of the app. It is not the icon. The pink and orange gradient square on your home screen is untouched. The change itself is small. The new type carries cursive curves on the letters […]
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Bloom Security’s Extension Resurrection research exposes a blind spot in developer security

13-08-2026 17:54 via thenextweb.com

Security teams have spent years scrutinizing software dependencies, package repositories and build pipelines. Bloom Security‘s latest research suggests that another part of the software supply chain deserves closer attention: the extensions developers install inside their IDEs. The company’s “Extension Resurrection” research examined extension packs on the Visual Studio Code Marketplace and Open VSX. Bloom found […]
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Omdia says phone prices will stay high after the shortage ends

13-08-2026 17:50 via thenextweb.com

Start with the number, because it is the kind that settles an argument. In the first quarter of 2026, panel makers shipped 298 million displays into the refurbished phone market. They shipped 289 million to the companies that make new phones. The refurbished figure was up 20% year on year, according to Omdia. The two […]
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Cloudflare and Trail of Bits now audit who Signal says you are talking to

13-08-2026 17:20 via thenextweb.com

Here is the problem, and it is easier to state than most people expect. End-to-end encryption scrambles a message so only the recipient can read it. That works perfectly, provided you were handed the recipient’s real key. The app fetches that key from a server. If the server hands you a different key, the encryption […]
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Volkswagen can build a $17,175 car. Just not in Europe

13-08-2026 17:01 via thenextweb.com

Start with the Volkswagen, because it is the one that should give Europe pause. SAIC Volkswagen, the joint venture with China’s state-owned SAIC Motor, opened preorders for the ID. Era 5S saloon this week. The introductory price is 115,900 yuan, which Digital Trends converts to about $17,175. The car goes on sale in China on […]
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An AI-written article needs no label. Your proofread email gets one

13-08-2026 16:40 via thenextweb.com

Start with what the mark actually is, because it is not a stamp on the page. When a model writes, it picks each word from a set of reasonable options. A watermark quietly splits those options into two groups using a secret key, then nudges the model towards one group. One word proves nothing. Across […]
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SK Hynix is spending $720bn as its shares fall by half

13-08-2026 16:18 via thenextweb.com

High-bandwidth memory is the part of an AI system that nobody photographs. It sits next to the processor and feeds it data, and if it is too slow the expensive chip waits. It is made by stacking ordinary DRAM, the same memory that goes into laptops and phones. That is why an AI buildout drains […]
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Josh Kushner raised $2bn to buy the companies AI is coming for

13-08-2026 16:09 via thenextweb.com

Almost every AI business sells a product. Someone builds a model or a tool, licenses it, and hopes the customer works out what to do with it. Thrive Holdings inverts that. It buys accounting firms and IT services companies outright, puts its own engineers inside them, and rebuilds how the work gets done. It now […]
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CodeRabbit raised $143m to read the code AI wrote

13-08-2026 15:57 via thenextweb.com

Code review is the step where somebody reads a change before it ships. A developer proposes an edit, opens what the trade calls a pull request, and a colleague checks it for bugs and security holes. It is slow and unglamorous work. Until recently it was also manageable, because roughly one human wrote each change […]
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Europe’s drought is shutting down nuclear reactors

13-08-2026 15:35 via thenextweb.com

Nuclear reactors need water. They sit beside rivers and coastlines for a reason. The water carries heat away from the core. When it runs low or runs warm, the reactor has to power down. That is happening across Europe right now. On Thursday, Romania’s state-owned Nuclearelectrica began disconnecting the country’s sole operating reactor, CNBC reported. […]
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Accel raised $3.5bn. Europe now gets the same fund as the US

13-08-2026 15:14 via thenextweb.com

Accel is a venture capital firm. It gives money to startups early, usually before anyone else has, and takes a stake in return. It has done this since 1983, and it wrote the first institutional cheque into Atlassian, CrowdStrike, Flipkart and Slack. On Tuesday it said it had raised $3.5bn for four new funds, Bloomberg […]
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Nebius revenue grew 454%. Most of the cash came from customers paying in advance

13-08-2026 14:54 via thenextweb.com

Nebius rents out computing power. It buys Nvidia chips, puts them in data centres, and charges companies to train and run AI models on them. The trade calls this a neocloud. It is based in Amsterdam, listed on Nasdaq, and was spun out of the Russian internet company Yandex in 2024. On Wednesday it reported […]
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A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’

13-08-2026 14:37 via thenextweb.com

Government software is usually bought by asking several companies to bid. A department writes down what it needs, suppliers compete, and the file records why the winner won. A memo drafted inside the US Defense Department on 4 August did something different. It named the supplier first. US Deputy Secretary of Defense Stephen Feinberg directed […]
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AI compute becomes a tradable commodity on 5 October. The price goes public

13-08-2026 14:24 via thenextweb.com

Renting an Nvidia H100 for an hour costs whatever your supplier says it costs. There is no published price. Two companies buying identical capacity can pay very different rates, and neither of them will know. That changes on 5 October. CME Group, the exchange that lists crude oil and corn, will start trading two futures […]
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Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

13-08-2026 13:19 via thenextweb.com

Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that Bansal’s second act is finally heading for the public markets, four years after his first attempt quietly stalled. The headline number comes […]
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Putting a number on a founder’s voice

13-08-2026 13:06 via thenextweb.com

Every few months another agency pitches me a personal-branding framework, and the pitches tend to land in the same place, with stages, arrows, and a trademark symbol above advice that circulated a decade ago. Publish more often, get quoted somewhere respectable, trust the algorithm; the genre rarely rewards close reading. INPUT Global, a communications agency […]
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Legora is reportedly chasing a $10bn valuation, barely a season after its last raise

13-08-2026 12:51 via thenextweb.com

Legora, the Swedish legal-AI company that has become one of Europe’s fastest-rising startups, is reportedly seeking to raise fresh funds at a valuation of more than $10bn. If it lands, the deal would roughly double the figure investors put on the business only months ago, a pace that says as much about the frenzy around […]
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Revolut is building its own airport lounges, starting in Copenhagen in 2027

13-08-2026 12:43 via thenextweb.com

Revolut, the fintech that built a fortune on the promise that you would never again need to set foot in a bank, is about to start putting up buildings. The company said today that it will open its own premium airport lounges across Europe, with the first due to debut in 2027 at Copenhagen Airport, […]
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Oracle plans fresh August layoffs as its AI spending spree bites

13-08-2026 12:36 via thenextweb.com

Oracle is planning another round of job cuts this month, according to Business Insider, with some teams reportedly facing double-digit-percentage reductions. Managers have been told to identify the employees affected, and the goal is to trim payroll before 1 September, the start of the company’s fiscal second quarter. Oracle declined to comment. It is the […]
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A billion-dollar game deleted a character in 8 days. Then it had the worst month of its life

13-08-2026 12:26 via thenextweb.com

In June, Love and Deepspace took about $38m across the App Store and Google Play. In July it took just over $10m, mobilegamer.biz reported this week, citing Sensor Tower. The game slid to 16th in the monthly gacha rankings, having never before dropped out of the top five. Put that against its own history and […]
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Mark Zuckerberg’s ‘personal superintelligence’ pitch lands as a Rorschach test

13-08-2026 12:12 via thenextweb.com

In a roughly 6,500-word essay published a couple of weeks ago, Meta’s chief executive, Mark Zuckerberg, laid out a vision of “personal superintelligence”, an artificial intelligence built for everyone rather than a centralised system that automates people out of a job. The slope was expansive, occasionally utopian, and it landed less as a settled manifesto […]
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Donald Trump is sued for putting a $100,000 paywall on his Truth Social posts

13-08-2026 11:02 via thenextweb.com

The Intercept and the Freedom of the Press Foundation have sued President Donald Trump over a Trump Media service that sells paid early access to his Truth Social posts, arguing that a sitting president should not be allowed to put a price on his own official words. The service, called Truth API, gives paying subscribers […]
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Taiwan says AI agents helped hack its government in four days

13-08-2026 10:46 via thenextweb.com

Taiwan says it spent part of last month fending off a hacking campaign that leaned on artificial intelligence to do the heavy lifting. The island’s Ministry of Digital Affairs, through its National Institute of Cyber Security, disclosed that government agencies were targeted in July, with alerts going out from around 20 July. What makes the […]
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Brazil orders Discord to suspend livestreaming after a 13-year-old’s death

13-08-2026 10:28 via thenextweb.com

The country’s data protection authority says there is robust evidence Discord failed to keep minors away from content promoting self-harm, and real-time video is the hardest thing on the internet to moderate. Brazil has ordered Discord to switch off livestreaming across the country, one of the sharpest interventions yet by a regulator that has grown […]
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SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms

13-08-2026 10:16 via thenextweb.com

SpaceX’s Starlink has begun taking orders for its satellite-internet service in Vietnam, opening one of Southeast Asia’s fastest-growing markets to Elon Musk’s orbital broadband. It is a notable win for a business that has become SpaceX’s cash machine, though this time the company is arriving very much on Hanoi’s terms. The sums involved are not […]
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Anthropic is reportedly in talks to buy Decart for $6bn, its biggest deal yet

13-08-2026 10:08 via thenextweb.com

Anthropic is reportedly in talks to acquire Decart, an Israeli AI startup, for roughly $6bn, according to reports attributed to Reuters. If it happens, it would be the largest deal in Anthropic’s history. The talks are not final, both companies declined to comment, and the whole thing could still fall apart. What makes the story […]
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President Donald Trump signs memo letting US agencies hack transnational crime groups abroad

13-08-2026 10:02 via thenextweb.com

President Donald Trump has signed a National Security Presidential Memorandum authorising US federal law enforcement to conduct offensive cyber operations against transnational criminal organisations operating abroad. Washington, in short, is giving itself formal permission to hack the hackers, and it is roughly as consequential as that sounds. The memorandum takes aim at foreign criminal groups […]
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Meta says it has removed 756,000 Australian teen accounts, but most under-16s are still online

13-08-2026 09:55 via thenextweb.com

Meta has deactivated 756,000 Australian accounts it believes belonged to under-16s, a figure it disclosed as the country’s world-first social media ban moves from threat to enforcement. The company says 462,000 of those accounts were on Instagram and 294,000 on Facebook, all removed between December 2025 and June 2026. It is a big, headline-friendly number, […]
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YouTube expands access to its in-app AI chatbot

13-08-2026 00:07 via socialmediatoday.com

The artificial intelligence-powered function offers contextual responses and is available on desktop, mobile and TV devices.

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Meta partners with North America’s Building Trades Unions

13-08-2026 00:04 via socialmediatoday.com

A new training program is designed to support skilled workers across the U.S. even as community sentiment about data center development wanes.

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