Microsoft and Chevron partner on a 20-year power agreement for a massive gas-powered data center in Texas, raising environmental concerns.
Why it mattersA major, long-term energy deal between tech and energy giants, with notable environmental implications.
SpaceX will transform its data centers into a commercial computing platform, signing deals with AI companies including Reflection, Anthropic, Google, and Cursor.
Why it mattersA massive deal for computing power from SpaceX, indicating significant infrastructure plays in the AI race.
Valve begins taking reservations for its $1,049 Steam Machine, using a lottery system to combat scalpers amid limited inventory.
Why it mattersThe entry of a major gaming platform into hardware with a premium price and anti-scalping measures is a significant event for the gaming industry.
AbbVie acquires Apogee Therapeutics for $10.9B, strengthening its position in the immunology drug market amidst a surge of sector M&A.
Why it mattersA large M&A deal in the biopharma sector signifies ongoing consolidation and strategic investment.
Google is investing $75 million in indie film darling A24, signaling a significant convergence of AI research and the film industry.
Why it mattersA large investment from Google into a prominent media company, highlighting the convergence of AI and entertainment.
Meta has appointed an Indian start-up founder to lead WhatsApp, replacing Will Cathcart who is stepping down.
Why it mattersAnother report on the Meta WhatsApp leadership change, reinforcing the significance of the appointment.
Google's DeepMind is collaborating with A24 to create AI tools aimed at improving filmmaking and storytelling processes.
Why it mattersThis reinforces the Google-A24 story, detailing the specific AI tool development aspect.
Meta's internal program designed to track employees inadvertently exposed their sensitive keystroke data, raising privacy concerns.
Why it mattersA significant internal privacy failure at a major tech company, with immediate implications for employee trust.
Anthropic is implementing ID verification for some AI capabilities on July 8, potentially limiting access to advanced features.
Why it mattersA leading AI company implementing mandatory ID verification for some features signals a move towards increased regulation and user accountability.
Alan Greenspan, who led the Federal Reserve for nearly two decades and shaped economic policy during a transformative era, has passed away at the age of 100.
Why it mattersThe influential former Federal Reserve chair Alan Greenspan, who shaped economic policy for nearly two decades, has passed away at 100.
Major tech supplier Tata Electronics has confirmed a data breach, impacting its growing role in global tech supply chains and raising security concerns.
Why it mattersA data breach at a major supplier to tech giants like Apple and Tesla underscores supply chain security vulnerabilities.
Lucid Motors has laid off 18% of its workforce in an effort to streamline operations and better match production with market demand.
Why it mattersLucid Motors' significant layoff of 18% of its workforce indicates a strategic pivot to streamline operations and adapt to market demand.