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  • Sun Aug 17

Google plans to update Play Games on Android to show stats, achievements, and social features in most regions on September 23 and the EU and the UK on October 1 (Jess Weatherbed/The Verge)

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A profile of Jumia, hailed as the "Amazon of Africa", as CEO Francis Dufay tries to hit profitability by 2027 after scaling down its food delivery business (Aanu Adeoye/Financial Times)

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UK fintechs, including Revolut and Starling, step up plans to buy US banks to get US licenses and lend across all 50 states as Trump admin eases merger rules (Financial Times)

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A look at AI adoption across US schools and colleges, as tech companies invest in AI education initiatives, including partnerships with major teachers' unions (Vauhini Vara/Bloomberg)

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Marc Benioff says Salesforce has cut its support staff from 9,000 to ~5,000 in the past year after deploying AI agents to handle a growing share of its work (Aidin Vaziri/San Francisco Chronicle)

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UK-based Phasecraft, which develops algorithms for quantum computers, raised a $34M Series B co-led by Plural, Playground Global, and Novo Holdings (Daphné Leprince-Ringuet/Sifted)

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An interview with Lovable CEO Anton Osika on competition, staying in Europe, and more; the company now has 2.3M+ active users, including 180K paying subscribers (Dominic-Madori Davis/TechCrunch)

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TrendForce: Q2 global chip foundry revenue surged 14.6% QoQ to $41.7B, with TSMC securing a 70% market share, followed by Samsung with 7.2% and SMIC with 5.1% (Luke James/Tom's Hardware)

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Tokyo-based LayerX, which uses AI to help enterprises automate back-office workload, raised a $100M Series B led by TCV, taking its total funding to $192.2M (Kate Park/TechCrunch)

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WLFI, run by the Trump family's World Liberty Financial, falls 25% to ~$0.21 on its first trading day, giving it a ~$6B market cap; Trump's WLFI is worth ~$3.6B (Nikou Asgari/Financial Times)

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Alibaba's shares jumped 19% in Hong Kong on September 2, after strong Q1 results from its cloud computing unit on August 29 and reports of its new AI chip (Arjun Kharpal/CNBC)

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Tencent open sources translation models Hunyuan-MT-7B and Hunyuan-MT-Chimera-7B, which support 33 languages, claiming they beat established models in benchmarks (Jonathan Kemper/The Decoder)

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China's new AI content labeling law goes into effect, as part of a broad effort to address AI-related risks such as misinformation and copyright infringement (Coco Feng/South China Morning Post)

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Internal memo: Revolut begins a secondary share sale for employees at $1,381.06 per share, valuing Revolut at $75B, up from $45B in a 2024 secondary share sale (Aisha S Gani/Bloomberg)

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Trump family's World Liberty Financial token starts trading on exchanges with $30 billion-plus valuation (Naga Avan-Nomayo/The Block)

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Source: G42 is talking to AWS, Google, Meta, Microsoft, and xAI to become tenants at its UAE-US AI Campus, and aims to diversify chip suppliers beyond Nvidia (Kelsey Warner/Semafor)

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Sources: OpenAI is scouting local partners to set up a 1GW+ data center in India, although the exact timeline is unclear; Sam Altman is set to visit this month (Bloomberg)

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Analysis: porn sites ignoring the UK's age verification law have seen a burst of traffic from UK users, while sites complying saw declines from UK IP addresses (Drew Harwell/Washington Post)

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AI shopping agents have prompted sellers and brands to rethink selling online, as advertisers employ new techniques to appear more prominently in AI results (Financial Times)

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Q&A with Cloudflare CEO Matthew Prince on why he thinks AI chatbots are killing the web and journalism, how his pay-per-crawl initiative can fix it, and more (Fred Vogelstein/Crazy Stupid Tech)

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A survey of 1,047 US college students on GenAI: 55% use the tech for brainstorming ideas, 18% now question the value of college more than they used to, and more (Colleen Flaherty/Inside Higher Ed)

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A profile of Chinese AI chip designer Cambricon, whose share price has doubled since the start of August, supported by Beijing's push for tech self-sufficiency (Financial Times)

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Q&A with Lyft CEO David Risher on Lyft's three profitable quarters in a row, its co-founders leaving the board, acquiring Freenow, robotaxi economics, and more (J. Edward Moreno/Sherwood News)

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A policy doc authored in July by seven Chinese government departments outlines plans to create a globally competitive brain-computer interface industry by 2030 (Emily Mullin/Wired)

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An interview with CrowdStrike CEO George Kurtz on the company's M&A strategy as it acquires Madrid-based data observability startup Onum for about $290M (Allie Garfinkle/Fortune)

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Source: Indian fantasy sports startup Mobile Premier League plans to lay off ~60% of its local workforce, after the Indian government banned online paid games (Aditya Kalra/Reuters)

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Pharma commercialization company Eversana acquires Waltz Health, which provides drug price-comparison software to insurers, creating an entity valued at $6B (John Tozzi/Bloomberg)

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OpenLight, which designs custom application-specific silicon photonic chips, raised a $34M Series A as it targets the data center interconnect market (Dan Swinhoe/DatacenterDynamics)

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Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State (Ryan Weeks/Bloomberg)

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A critique of two contrasting research papers on AI's impact on US employment trends, along with caveats from a Stanford study on jobs in AI-exposed fields (Noah Smith/Noahpinion)

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A look at the potential future of personalized, AI-generated entertainment, and how it could both submerge human originality and enable new forms of expression (Joshua Rothman/New Yorker)

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Cambridge, UK-based Paragraf, which makes graphene-based electronics using standard semiconductor processes, raised a $55M Series C to scale its manufacturing (Tamara Djurickovic/Tech.eu)

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AI startup Aurasell, which aims to automate sales tools built on top of CRM software like Salesforce, emerges from stealth with a $30M seed led by Next47 (Geoff Weiss/Business Insider)

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Xi Jinping is pushing the country's tech industry to be oriented toward applications for AI, charting a pragmatic alternative to Silicon Valley's pursuit of AGI (Wall Street Journal)

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PUBG developer Krafton is eyeing major expansion in India, seeking acquisitions as growth slows in China and the US, and plans to invest at least $50M annually (Song Jung-a/Financial Times)

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An interview with Bumble CEO Whitney Wolfe Herd on AI being the "most emotionally intelligent matchmaker", planning an AI-powered matchmaking app, and more (Angel Au-Yeung/Wall Street Journal)

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El Salvador has split its 6,000+ bitcoin across 14 wallets, describing the move as a precaution against quantum attacks, a merely theoretical threat for now (Brayden Lindrea/Cointelegraph)

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An inside look at how Netflix's use of data led to generic "algorithm films" intended for broad appeal, with AI set to further entrench the production style (Phil Hoad/The Guardian)

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How Turkmenistan turned censorship into a lucrative extortion scheme by intentionally restricting internet access in order to sell its own VPNs to citizens (Tor Blog)

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The price per token for AI models has fallen, but costs for developers are rising as newer reasoning models require more tokens to complete tasks (Christopher Mims/Wall Street Journal)

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Purgatory, tied to online community The Com, claims responsibility for swatting attacks on US universities, airports, and more, charging $20 to $95 per incident (David Gilbert/Wired)

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TikTok suspends its live feature for the "next few days" in Indonesia, citing "increasing violence in protests" over lawmakers' pay (Stefanno Sulaiman/Reuters)

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Filing: StubHub, which is planning a September IPO, says revenue grew 3% to $828M in H1, missing its earlier projection of $885M, with adjusted EBITDA down 7% (Cory Weinberg/The Information)

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A study focused on OpenAI's GPT-4o mini found that LLMs can be persuaded to comply with objectionable requests using the same tactics that persuade humans (Dina Bass/Bloomberg)

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DHS Secretary Kristi Noem fires 24 FEMA IT staffers, including the CIO and CISO; DHS says they failed security protocols and let hackers access FEMA networks (David DiMolfetta/Nextgov/FCW)

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Q&A with Stanford researchers on their recent study finding that, since 2022, US employment in the most AI-exposed fields has fallen 13% for entry-level workers (Derek Thompson)

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China says it will prevent excess competition in the AI sector, echoing Xi Jinping's caution against excessive local government investment in AI last month (Bloomberg)

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NPCI, which runs India's digital payments network UPI, has started making its infrastructure available to banks to deliver short-term loans to small businesses (Financial Times)

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SEC filing: Super Micro cautions that its financial control weaknesses, if not fixed, could hurt its ability to report results "in a timely and accurate manner" (Dina Bass/Bloomberg)

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Filing: Nvidia reveals its top two customers accounted for 39% of its Q2 revenue, up from 25% in Q2, 2024 (Kif Leswing/CNBC)

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Entries updated Sep 16, 2025 03:51:25 PM PDT

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