TechCrunch (55 minutes ago)
The payout is related to a recent trial involving the social media giant that revolved around its data privacy practices.
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Automattic has begun laying off employees across multiple teams, including WordPress.com and its enterprise business, following a board shakeup and a series of executive departures. Sources say more cuts could follow as the company looks to improve its finances.
Bose announced today it has acquired Skullcandy. Although the two companies are competitors in the consumer audio space, Skullcandy recently partnered with its new owner to bring several of Bose’s audio technologies - including its head-tracking spatial audio and excellent active noise cancellation…
New Mexico’s Attorney General called it “an unambiguous message to Silicon Valley.”
The Cambridge Analytica scandal has come back to haunt Meta after a New Mexico judge ordered it to pay $25 billion in penalties for more than 43 million violations of the state’s unfair practices law.
Legal AI startup Legora announced Wednesday that it raised a $550 million Series E round, valuing it at $8.8 billion.
Flapping Airplanes, a San Francisco AI research lab founded in late 2025, has raised $1B at a $6B valuation, led by Index Ventures and Lux Capital, Bloomberg reported. Its valuation has quadrupled since January. It is working on ways to train AI with less data and compute, and has no product yet.
Startup Recursive has released Flint, a free, laptop-sized coding model built largely by its own AI research system, as an early test of AI that improves itself.
To compete with Tesla, Rivian, and a host of Chinese automakers, GM’s fourth-gen EV platform will roll out a new central computer and electrical architecture that will debut in 2028 in the Cadillac Escalade IQ.
As Amazon blocks AI agents from shopping on its site, Walmart is taking the opposite approach, introducing new technology that lets AI agents make purchases on customers’ behalf, with controls over spending and transaction approvals.
From AI-discovered PHP vulnerabilities to flaws in Node.js and popular AI tool LiteLLM, cybersecurity teams have plenty to worry about this week.
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