Letterboxd, the social platform for film buffs, reportedly looking for new owner
Potential buyers of Letterboxd include Versant, the parent company of CNBC and MS NOW, and Hollywood media company The Ankler, according to Semafor.
Consumers lost $2.1 billion to social media scams in 2025, FTC reports
The agency reports that losses from social media scams have increased eightfold, and that social media scams resulted in higher losses than any other method scammers used to contact consumers.
OpenAI ends Microsoft legal peril over its $50B Amazon deal
OpenAI has won major concessions from its largest shareholder, Microsoft, that will allow it to sell products on AWS, while Microsoft get more cash in a revenue-share agreement.
DeepMindās David Silver just raised $1.1B to build an AI that learns without human data
Ineffable Intelligence, a British AI lab founded a mere few months ago by former DeepMind researcher David Silver, has raised $1.1 billion in funding at a valuation of $5.1 billion.
Hacker who allegedly carried out cyberattacks for China is extradited to U.S.
Xu Zewei is accused of participating in a Chinese government hacking group that broke into thousands of U.S. organizations and stole COVID-19-related research.
Investors back Skyeās AI home screen app for iPhone ahead of launch
Skye’s new AI app attracted investors before it even launched ā a sign of interest in a more AI-aware iPhone.
Data center demand drives 66% surge in natural gas power plant costs
Natural gas power plant costs have nearly doubled in two years and take 23% longer to build as data center electricity demand skyrockets.
Whatās behind Europeās efforts to ditch US software in favor of sovereign tech
Governments across Europe are looking to rely less on American tech providers.
China vetoes Metaās $2B Manus deal after months-long probe
China has ordered Meta to unwind its multibillion-dollar Manus acquisition, dealing a potential setback to Zuckerbergās push into AI agents.
OpenAI could be making a phone with AI agents replacing apps
The phone could go in mass production in 2028, an analyst says.