Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up 4.58% on Monday (Jeran Wittenstein/Bloomberg)
Jeran Wittenstein / Bloomberg: Amazon becomes the fifth company to reach a $3T market cap, joining Nvidia, Alphabet, Microsoft, and Apple; its stock closed up
OpenAI received the final tranche this week, taking Amazon’s position to roughly 5% (Financial Times)
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NXP reports Q2 revenue up 19% YoY to $3.5B, vs. $3.46B est., as it struggled to impress investors with a generally upbeat Q3 forecast; NXPI down 5%+ after hours (Christina Kyriasoglou/Bloomberg)
Christina Kyriasoglou / Bloomberg: NXP reports Q2 revenue up 19% YoY to $3.5B, vs. $3.46B est., as it struggled to impress investors with a generally
China's market regulator says it had fined and confiscated ~$770M from Trip.com for abusing its dominant position in the domestic online hotel-booking market (Reuters)
Reuters: China’s market regulator says it had fined and confiscated ~$770M from Trip.com for abusing its dominant position in the domestic online hotel-booking market —
Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much as $190B; its Q2 capex hit $44.92B, up 100% YoY (Julia Love/Bloomberg)
Julia Love / Bloomberg: Google projects full-year capex will be $195B to $205B in 2026, after saying in April that it will spend as much
Hugging Face says an agentic AI system hacked its data pipeline, accessing several internal clusters and credentials; its own AI-based triage caught the breach (Hugging Face)
Hugging Face: Hugging Face says an agentic AI system hacked its data pipeline, accessing several internal clusters and credentials; its own AI-based triage caught the
US Homeland Security says it seized 30k+ SIM cards in June and July in a nationwide operation it claims dismantled infrastructure used in telephone fraud (Lorelei Smillie/Bloomberg)
Lorelei Smillie / Bloomberg: US Homeland Security says it seized 30k+ SIM cards in June and July in a nationwide operation it claims dismantled infrastructure
Microsoft announces a Windows 11 search overhaul that prioritizes local results, removes promotional web content, and more, rolling out to Windows Insiders (Zac Bowden/Windows Central)
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Bluesky interim CEO Toni Schneider becomes the company's permanent CEO, four months after succeeding Jay Graber (Lucas Ropek/TechCrunch)
Lucas Ropek / TechCrunch: Bluesky interim CEO Toni Schneider becomes the company’s permanent CEO, four months after succeeding Jay Graber — In March, Bluesky’s longtime
Anthropic plans to lease a 16-story building in Lower Manhattan and double its NYC workforce to 1,000 people this year, as AI companies expand in the city (New York Times)
New York Times: Anthropic plans to lease a 16-story building in Lower Manhattan and double its NYC workforce to 1,000 people this year, as AI
