Valve has emailed European customers who ordered a Steam Machine or a Steam Controller. A cyberattack on CEVA Logistics, the firm that ships Valve hardware across Europe, took their delivery details. CNET’s Tyler Graham reported the warning on Monday. CEVA told Valve about the breach on 7 August, and Valve spent the following days working […]
This story continues at The Next Web
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-
Valve is warning Steam Machine buyers that scammers have their address
via thenextweb.com
-
Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more
via thenextweb.com
Emma Rapaport and Paul Smith reported the markdown for the Australian Financial Review on 14 August. The figure appears two ways and both are correct. It is $7.1bn in US dollars, and A$10bn, which is the number most headlines carried. The cut takes Blackbird and Airtree’s mark from $42bn to $34.9bn, a drop of 17%. […]
This story continues at The Next Web -
SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before
via thenextweb.com
SpaceX confirmed completion in a regulatory filing. Bloomberg’s Carmen Arroyo and Natasha Mascarenhas reported the close. The desk covered the binding agreement in June, when SpaceX filed an 8-K and said it expected to complete in the third quarter, subject to regulatory approval. That approval has now happened, on the schedule the filing set out. […]
This story continues at The Next Web -
Arm’s co-founder says AI will create more value than any revolution before it, and be a rollercoaster
via thenextweb.com
Hauser sat down with CNBC’s The Tech Download podcast this month. Arjun Kharpal and Kai Nicol-Schwarz published the write-up on 14 August. His track record is the reason to listen. He co-founded Acorn Computers in 1978, helped create Arm, and now backs European deep-tech startups through Amadeus Capital. That is four decades of watching technology […]
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A judge just told Google to stop making rival app stores hard to install
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The hearing ran on 13 August in a San Francisco courtroom, The Verge reported first. It was a compliance check, not a new case. A jury decided unanimously nearly three years ago that Google held an illegal monopoly over Android apps. Donato set the remedy in October 2024. That remedy made Google carry rival Android […]
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Five of Europe’s biggest companies just bought compute Mistral has not built
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Mistral set out the plan on 11 August. Its own announcement covers three things at once. Regional endpoints are now generally available, letting customers pick Europe or the US for inference. A Priority Tier in public preview adds custom rate limits and an uptime commitment. The third part is the one that funds the other […]
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Tesla ended Sweden’s longest strike by buying out every last striker
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The union announced it on 13 August. Its own statement sets the end at one minute past midnight on Wednesday 19 August. The strike began on 27 October 2023 with about 120 mechanics across seven Swedish workshops, Electrek noted. It became the longest industrial conflict in modern Swedish history. Tesla never signed a collective agreement, […]
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Trump’s drone tariffs reach 100%, and Europe gets capped at 15%
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Donald Trump signed the proclamation on 13 August. It carries the title Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States. It rests on Section 232 of the Trade Expansion Act of 1962, the national security clause, and on Section 604 of the Trade Act of 1974. The rates, […]
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France’s under-15 social media ban is struck down two weeks before it starts
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The decision lands about two weeks before the ban was due to start, Bloomberg reported. Platforms were to stop creating accounts for under-15s from 1 September. Parliament gave the law final approval on 21 July. The desk covered that final vote at the time. What the Council ruled The Council struck down the ban on […]
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Reddit is joining the S&P 500 with its stock down 31% this year
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The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Stock Exchange as RDDT. A second change follows two days later. Sun Communities replaces Webster Financial in the S&P MidCap 400 on 20 August. […]
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Apple wants to pay publishers per use, not per year, to give Siri the news
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Alexandra Bruell reported the talks for the Wall Street Journal on 12 August, citing people familiar with the matter. Apple has approached publishers over recent months. The content would give Siri AI access to current news and information, the kind that changes hour by hour. Apple declined to comment to the Journal. It did not […]
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Flock Safety cuts data retention to seven days after dozens of police abuse cases
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Garrett Langley, the company’s chief executive, set out the package in a post on Flock’s own blog on 13 August. It covers six areas. Privacy, accountability, data ownership, data security, data accuracy and transparency. Most of the Flock Safety privacy changes become mandatory for law enforcement customers on 1 January, the Associated Press reported. What […]
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Private US companies can now run cyber operations abroad. State-backed hackers are excluded
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Donald Trump signed the memorandum on 12 August and the White House published it that night. It runs to five sections. A National Coordination Center creates and manages the programme. Two Program Executive Directors oversee it. The Attorney General designates one, and the Secretary of Homeland Security designates the other. What the White House says […]
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Europe’s ‘Made in EU’ rules start at 5%, and they do not mention software
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The Industrial Accelerator Act arrived on 4 March 2026 as COM(2026)100, alongside an impact assessment and three staff working documents, per the European Commission. Its formal title says what it is for. It establishes a framework for accelerating industrial capacity and decarbonisation in strategic sectors. It is a proposal, not a law. It is now […]
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Airbnb’s CEO says nobody builds AI for normal people. He is on Y Combinator’s board
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The Airbnb chief executive made the argument on the Yahoo Finance podcast Power Players with Brian Sozzi this week. His diagnosis has two parts. “I think part of it’s a narrative issue that we’re not talking about AI correctly,” he said. The second part is the product. “We need to actually be developing more products […]
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Microsoft is killing its AI mascot, ten months after building it
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The cull lands on Tuesday. Group Chat, Podcasts, Copilot Labs and consumer Deep Research all retire that day, according to Microsoft’s own support page. Mico goes at the same time, out of the voice experience and into Learn Live as a tutor. The whole thing sits inside a bigger change. Microsoft has started merging its […]
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Microsoft told Google it was overreacting in 2010. It has spent five years quietly leaving China
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Corporate filings show the closures, Reuters reported in an exclusive. The revenue figure is the one that explains the rest. China accounted for 1.5% of global revenue as of 2024. Microsoft has no current plan to exit. It has simply stopped growing there. Put 1.5% against the scale of the company and it almost disappears. […]
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Lightspeed is selling its OpenAI stake to a fund it will also run
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The firm calls the deal Project Mercury, Bloomberg reported, citing people familiar with it. It gathers assets from two Lightspeed funds, Select V and Opportunity II, plus a separately managed account. OpenAI is the anchor. Coller Capital is the lead buyer. UBS is advising. Lightspeed did not reply to Bloomberg’s messages and Coller declined to […]
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Meta removed 756,000 Australian accounts. Its real ask is that Apple does the checking
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Representatives of Meta, TikTok, Google and Snap give evidence to an Australian parliamentary inquiry on Friday, Reuters reported. Regulators and government officials appear too. Meta went first, and it went alone. On Wednesday it published its enforcement figures on its own newsroom, covering 1 December 2025 to 30 June 2026. No other platform has released […]
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Thrive Capital’s first investor letter shows how completely OpenAI has come to define it
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Joshua Kushner’s Thrive Capital has sent its first formal letter to investors, and the standout figure captures the AI era in miniature. One of its funds has swelled to about $3.7bn in value, driven overwhelmingly by early bets on OpenAI and SpaceX. The letter, reported by Bloomberg, reads as a victory lap and a quiet […]
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A Massachusetts teen is charged with killing his mother and brother, and prosecutors point to ChatGPT
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A 17-year-old in Massachusetts has been charged with murdering his mother and younger brother, and prosecutors say that in the period before the deaths he had used ChatGPT to explore what they described as fantasy scenarios about killing his family. It is among the most disturbing in a growing line of cases in which an […]
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Weather drones are filling the data blind spot that armies and traders both need
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The artificial-intelligence weather boom has a dirty secret. For all the talk of models that see storms days ahead, an AI forecaster is only as good as the observations that feed it, and lately those have run thin. According to Bloomberg, drones are now being sent aloft to plug the gap, quietly becoming sensors that […]
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Cl0p claims a mass hack of Shell, Philips, and dozens more
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The Russia-linked ransomware group Cl0p has claimed a fresh wave of cyberattacks, naming Shell and Philips among its victims and, by some counts, dragging close to 50 companies into the mess. It is a familiar sort of headline, and one that reads more than a little like a rerun of the Oracle-linked breaches that have unsettled corporate […]
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Pony.ai and Uber to put more than 2,000 Chinese robotaxis on European streets
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Pony.ai and Uber have expanded their partnership to put more than 2,000 robotaxis on European roads, a deal that hands one of China’s autonomous-driving champions a route onto the continent’s streets through an American app and a scattering of local fleet owners. The arrangement is divided as Pony.ai supplies the Level 4 self-driving technology and […]
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Goldman Sachs is courting investors on Nvidia’s $500bn AI-compute financing deal
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Goldman Sachs has secured the role every Wall Street firm wanted, and it is now working the phones. The bank is in talks with investors about Nvidia’s $500bn AI-compute financing deal, having landed a prized mandate that effectively casts it as the lead, and for now near-sole, lender behind one of the largest infrastructure-funding efforts […]
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Silver Lake is reportedly in talks to take Workday private at $43bn
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Silver Lake is in talks to take Workday, the cloud-based HR and finance software company, private in a deal that would value it at roughly $43bn, according to a Reuters report. If it comes off, it would rank among the largest software buyouts ever struck, and a rare vote of confidence in a corner of […]
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Apple trained its own AI model for China, and handed the brain to Alibaba
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Apple has trained its own large language model for the Chinese market with Alibaba’s support, a striking break from the company’s usual habit of leaning on other people’s models. According to a Reuters report, Apple is the first foreign firm Beijing has approved to offer a proprietary AI model in mainland China, a rare concession […]
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OpenAI’s new Ultrafast mode runs GPT-5.6 Sol 14 times faster, on Cerebras chips
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OpenAI wants its cleverest model to also be its quickest. The company has previewed Ultrafast, a new tier of its API that runs the flagship GPT-5.6 Sol at up to 14 times the usual speed, reaching around 750 output tokens a second, on hardware built by the wafer-scale chipmaker Cerebras. Ultrafast is not a new model […]
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This Bengaluru startup is training dogs and AI to sniff out cancer early
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Dognosis pairs trained sniffer dogs with artificial intelligence to flag cancer from a breath sample. It is a charming idea aimed at a real problem, with equally real caveats: this is prescreening in trials, not a proven diagnostic. A dog’s nose has long outclassed most laboratory kit, and a two-year-old Bengaluru startup called Dognosis is […]
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Investors sue Selena Gomez, claiming her wellness startup’s app was never built
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Selena Gomez, one of the most-followed people on the planet, is being sued by investors who say her mental-health startup Wondermind was a hollow promise dressed up as a movement. The complaint, filed against the singer and her mother and co-founder Mandy Teefey, alleges securities fraud and breach of contract. All of the claims are, […]
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