Tesla’s earnings hit a new low, with largest revenue drop in years
Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a
Read moreTrump’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.
Read moreFormer 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.
Read moreOpen 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.
Read moreTrump’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 speed, sovereignty, national security, and competing with China.
Read moreIndia 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.
Read moreBuilding better platforms with continuous discovery
When discovery is missing, platform work starts to drift from its real purpose, which is empowering engineers to deploy working software faster and with confidence.
Read moreGoogle Photos adds AI features for ‘remixing’ photos in different styles, turning pics into videos
Google announced a handful of new features that will allow users to get more creative with their photo memories, including an option to turn photos into videos, and "remix" photos into different styles, like anime, comics, sketches or 3D animations.
Read moreYouTube Shorts is adding an image-to-video AI tool, new AI effects
The image to video feature lets creators turn a picture from their camera roll into a a six-second video.
Read moreUK targets Apple and Google’s mobile platforms for regulation
The move is designed to create a more open, competitive environment for the app economy and user choice.
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