Alvaro Lopez OrtegaAlvaro Lopez Ortega alobbs
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Verizon is cutting 3,000 jobs and selling 274 stores as part of CEO Dan Schulman’s plan to slash $5 billion in costs by 2026, following earlier layoffs of over 13,000. Meanwhile, Java nearly failed at its 1994 debut, saved only by a three-day hotfix, as a documentary reveals. On the UFO fringe, new allegations claim a secret society runs a global cover-up, and a former CIA officer warns the truth may be psychologically difficult.
The Trump administration is considering an independent AI safety regulator modeled after FINRA, reporting to the SEC. Valar Atomics is raising $1B at a $5B valuation for small nuclear reactors for data centers. AWS apologized for a billing glitch that generated trillions in estimated invoices. Apple and the DOJ are in early settlement talks over a 2024 antitrust suit. Meta is negotiating to lease AI computing power to Anthropic in a deal potentially worth $10B over two years. OpenRouter also draws multibillion-dollar takeover interest.
Two British Scattered Spider members were sentenced to 5.5 years for the 2024 Transport for London cyberattack, the UK’s largest cybercrime prosecution. A tech support scam at Qantas exposed data of 5.7 million people. An AWS CloudFront outage due to storm winds disrupted sites like the UK National Lottery. Meta will notify parents if teens discuss suicide or self-harm with its AI chatbot, with global rollout planned.
Microsoft continues using dark patterns to push Edge, a Mozilla-commissioned report reveals, with misleading wording and forced resets—though EU rules curb this in Europe. A former employee’s lawsuit alleges AWS data centers secretly consume water year-round, contradicting its “water positive” claims. UK MPs warn Treasury cold feet could sink Whitehall’s £1.15B shared services push, calling the funding reluctance a poor signal. Meanwhile, KeyBanc analysts say Salesforce’s Agentforce struggles with messy data, despite Salesforce touting it as its fastest-growing product.
TerraFirma, a construction tech startup founded by former SpaceX engineers, raised $115M for remotely operated equipment. Uber is in advanced talks to acquire Delivery Hero for over €11.2B. Google Images launched a Pinterest-like redesign with AI image creation in Search. Switch hired banks for a US IPO that could raise up to $10B, valuing it at $80B. IBM shares plunged over 20% after Q2 revenue missed estimates at $17.2B. New York Governor Hochul signed a one-year moratorium on hyperscale data centers over 50MW. OpenAI partnered with Kalshi to show World Cup predictions in ChatGPT.
Lidl warned customers in Belgium, Germany, and the Netherlands that a third-party security failure exposed names, emails, and potentially passwords and bank details, though no data misuse has been found. Lenovo denied using banned Chinese SSDs in restricted regions. Asha Sharma, appointed by Satya Nadella to lead Xbox, made sweeping job cuts and shed game studios. Meanwhile, FIFA’s official prediction-market partner ADI Predictstreet faced a troubled launch with tiny volumes and withdrawal bugs, leaving a promised World Cup ticket undelivered.