YouTube sees a rise in ad revenue to reach nearly $10 billion
YouTube continues to lead in the streaming market, with ad revenue increasing by 13% to $9.8 billion.
Google’s AI Overviews have 2B monthly users, AI Mode 100M in the US and India
Google shared new stats about its AI features’ adoption during its Q2 earnings.
A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash
iRocket is aiming to hit the public markets but the SPAC vehicle has hardly any cash left.
Tesla profits pulled down by falling EV sales and regulatory credits
Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory credits, and a decline in solar and energy storage sales.
Trump’s AI Action Plan aims to block chip exports to China but lacks key details
The AI Action Plan offers a path, but not a concrete plan, for what the administration is thinking when it comes to chip export restrictions.
Former Y Combinator, a16z experts hold invite-only summit for founders
An invite-only startup event hosted by former YC and a16z staff will help founders learn to pitch press and run their own social media.
Open source X rival Mastodon begins raising funds with new in-app donation feature
Mastodon is experimenting with a new way to raise money: in-app donation banners.
Meta researchers are developing a gesture-controlled wristband that can interact with a computer
The goal of this wristband is to provide less invasive tools to interact with computers for people with motor disabilities.
Trump’s AI strategy trades guardrails for growth in race against China
The Trump administration published its much-anticipated AI Action Plan Wednesday, signaling a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and toward a focus on
India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra
India’s financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.