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High up in Goldman Sachs’ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceX’s IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the SpaceX IPO was anything but normal.
For seven months, Wall Street’s premier investment banks had raced to keep up with a whirlwind of changes demanded by SpaceX’s future-seeking CEO, Elon Musk, and his lieutenants. Tha
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Europe has emerged as one of the world's leading centres for open-weight AI, with companies including Mistral, Black Forest Labs and Helsing contributing to a growing ecosystem focused on open models ... Read more ›
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An anonymous reader quotes a report from The Guardian: Researchers who tracked more than 90,000 people over a decade found that sitting or lying down while awake for more than 30 minutes in one period each day was associated with an increased risk of cancer death. The risk increases for every additional hour of continuous inactivity, the findings suggest. However, the researchers also found breaking up periods of sedentary behavior... Read more ›
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Nearly a year ago, Apple filed a lawsuit against YouTuber Jon Prosser and Michael Ramacciotti over alleged theft of the company's trade secrets. Apple alleged that the duo coordinated to break into former Apple software engineer Ethan Lipnik's development iPhone, in order to access and profit off details about "iOS 19," which ended up being called iOS 26. Prosser is the host of the popular YouTube channel Front Page Tech,... Read more ›
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'Star Wars: Visions Presents — The Ninth Jedi' is a new limited series from Lucasfilm and Production I.G. Read more ›
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The video game disc is dead, and Sony's been planning to kill it for some time, according to a report out of Austria. The man who leads Sony's discmaking operations, Sony DADC president Dietmar Tanzer, told ORF Salzberg that the company's Thalgau plant produces 600,000 discs every day, half of which are for PlayStation. But […] Read more ›
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Instagram launched its CapCut rival Edits in January last year, and now the app has gained some new features. These include support for bilingual captions, which automatically translate your captions into a secondary language. Currently supported languages are English, Indonesian, Russian, Portuguese, Gujarati, Spanish, Hindi, Korean, Bengali, German, Italian, Thai, French, Japanese, and Kannada. Instagram Edits updates You can also build richer templates with support for overlays as well a Read more ›
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Two-thirds of enterprises have hedged their AI model strategy, and the past few weeks of controversy around Anthropic’s Claude Fable 5 model showed why that posture has gone mainstream. On June 12, a U.S. export-control order pulled Anthropic's Claude Fable 5 — the most capable model on the market — offline for every customer, with no warning and no timeline. It returned this week wrapped in tighter safeguards, after China's... Read more ›
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A protein called “Mitch” may hold the key to a new generation of obesity treatments. Researchers found that disabling it in human cells boosts fat burning, increases energy use, and makes it harder for new fat cells to develop. The findings help explain why mice lacking Mitch were leaner, more athletic, and resistant to obesity. Read more ›
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GMKtec redesigned its Strix Halo workstation around cooling, local inference, and substantially higher memory capacities for AI. Read more ›
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Digital movies and games can be easy to buy, but Sony's latest PlayStation move is a reminder that access and ownership aren't always the same thing. Read more ›
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Nvidia CEO Jensen Huang's black Tom Ford leather jacket is up for auction, with proceeds benefiting charity, Sotheby's said. Read more ›
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Here's how to watch Switzerland vs Algeria for free online and from anywhere as the unbeaten Swiss face a battle-tested Algeria in the World Cup last 32. Read more ›
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The satirical site is fighting to officially take over Infowars. In the meantime, CEO Ben Collins says the new show will mock “how fucking stupid” conspiratorial brain rot has become. Read more ›
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For Prime members, Amazon First Reads gives you your choice of a free e-book every month. Here's what to know about the program, plus the July deals available. Read more ›
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The US Department of Energy wants changes to energy-efficiency standards enacted under the Biden administration that it says will lower costs and preserve consumer choice. Read more ›
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Meta's superintelligence chief says its upcoming Watermelon model now matches GPT-5.5 on key AI benchmarks. Read more ›
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Последнее время складывается ощущение, что люди вокруг просто посходили с ума. Про нейронки, ИИ, модели, тарифы говорят не просто все, а вообще все. В прямом смысле, в очень кривом и искаженном пересказе эту тему обсуждают уже бабки у подъезда. Даже от некоторых маргинальных лиц рядом с питейными заведениями вместе с привычным амбре витает в воздухе что-то вроде «Слышал там сеть какая-то, ты её говоришь сделай ну это самое, а он... Read more ›
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The Information
Samsung Group, the South Korean tech giant, plans to unveil an investment package of more than 1,000 trillion won ($648 billion) next week, a record pledge aimed at chips, AI data centers, batteries and display, according to the Maeil Business Newspaper. The investments, amounting to half of ... Read more ›
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Up until two months ago, DeepSeek, the three-year-old Chinese AI lab, was an anomaly in the increasingly costly global AI battle. It had relied entirely on CEO Liang Wenfeng’s personal wealth and never raised outside money. That changed in the middle of this month, when DeepSeek completed a $7.4 billion fundraising that valued the startup at more than $50 billion, the biggest ever first-time fundraising by a Chinese startup. The... Read more ›
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SpaceX’s recent bond sale is weakening in the secondary market, with investors now demanding a significantly bigger yield premium versus U.S. treasuries from when the offering priced on Tuesday, Bloomberg reported on Friday. A large dealer was quoting SpaceX’s 2056 bonds at as much as 0.28% ... Read more ›
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One after the other, four men jumped onto a stage at the front of a darkened, crowded hall one recent evening in central Beijing. Each of them was fired up. The subject: superadvanced batteries. One of these batteries, a man said, was perfect to power ultra-cheap electric vehicles and another for ultraexpensive ones. A third could almost completely charge a car in 11 minutes, while a fourth could do so... Read more ›
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When people ask me what I've learned about leadership from reporting on tech companies for 20 years, I always say the same thing: that the most successful CEOs are more pragmatic than zealous. Tech CEOs are notorious for using visionary language and tying it to their personal beliefs about improving the world. They brandish mission statements about organizing all the world’s information and make us believe that their products are... Read more ›
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OpenAI on Friday launched GPT-5.6, its most advanced AI models, to a small group of partners that have been cleared by the U.S. government to use the technology, according to the release blog post. The move confirms The Information’s Thursday report that OpenAI will release the new models in a ... Read more ›
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Amazon Web Services is raising the price for its AI workload rental service by 20%, the company said on Friday, in what appears to be another example of how the global compute crunch is increasing costs throughout the tech supply chain. AWS’s price increase affects its EC2 Capacity Blocks, which ... Read more ›
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Apple’s Vision Pro and smart glasses chief, Paul Meade, is leaving for OpenAI, Bloomberg reported. Meade, a vice president, will depart Apple by next week and join OpenAI’s hardware unit to work on its forthcoming line of devices, Bloomberg said. Meade has been at Apple since 2010 and in the ... Read more ›
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A political movement against data center construction is gaining speed nationwide. This week, The Information published an investigation cataloging more than 300 cities and counties that have enacted temporary or permanent bans on data center construction and more than 75 weighing them. We estimate the bans now cover more than 80,000 square miles that are home to more than 20 million people. For insights on what we published and beyond,... Read more ›
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The Trump administration is beginning to lift its export restrictions on Anthropic, according to a letter from the Commerce Department viewed by The Information. The decision will allow Anthropic to release its powerful Mythos model to more than 100 U.S. institutions, including companies and ... Read more ›
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ScienceDaily
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Tech Wire Asia
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02.07.2026 22:12
Last update: 22:05 EDT.
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