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SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before

SpaceX confirmed completion in a regulatory filing. Bloomberg’s Carmen Arroyo and Natasha Mascarenhas reported the close. The desk covered the binding agreement in June, when SpaceX filed an 8-K and said it expected to complete in the third quarter, subject to regulatory approval. That approval has now happened, on the schedule the filing set out. […]

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Arm’s co-founder says AI will create more value than any revolution before it, and be a rollercoaster

Hauser sat down with CNBC’s The Tech Download podcast this month. Arjun Kharpal and Kai Nicol-Schwarz published the write-up on 14 August. His track record is the reason to listen. He co-founded Acorn Computers in 1978, helped create Arm, and now backs European deep-tech startups through Amadeus Capital. That is four decades of watching technology […]

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Five of Europe’s biggest companies just bought compute Mistral has not built

Mistral set out the plan on 11 August. Its own announcement covers three things at once. Regional endpoints are now generally available, letting customers pick Europe or the US for inference. A Priority Tier in public preview adds custom rate limits and an uptime commitment. The third part is the one that funds the other […]

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Tesla ended Sweden’s longest strike by buying out every last striker

The union announced it on 13 August. Its own statement sets the end at one minute past midnight on Wednesday 19 August. The strike began on 27 October 2023 with about 120 mechanics across seven Swedish workshops, Electrek noted. It became the longest industrial conflict in modern Swedish history. Tesla never signed a collective agreement, […]

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Trump’s drone tariffs reach 100%, and Europe gets capped at 15%

Donald Trump signed the proclamation on 13 August. It carries the title Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States. It rests on Section 232 of the Trade Expansion Act of 1962, the national security clause, and on Section 604 of the Trade Act of 1974. The rates, […]

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Reddit is joining the S&P 500 with its stock down 31% this year

The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Stock Exchange as RDDT. A second change follows two days later. Sun Communities replaces Webster Financial in the S&P MidCap 400 on 20 August. […]

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Apple wants to pay publishers per use, not per year, to give Siri the news

Alexandra Bruell reported the talks for the Wall Street Journal on 12 August, citing people familiar with the matter. Apple has approached publishers over recent months. The content would give Siri AI access to current news and information, the kind that changes hour by hour. Apple declined to comment to the Journal. It did not […]

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Private US companies can now run cyber operations abroad. State-backed hackers are excluded

Donald Trump signed the memorandum on 12 August and the White House published it that night. It runs to five sections. A National Coordination Center creates and manages the programme. Two Program Executive Directors oversee it. The Attorney General designates one, and the Secretary of Homeland Security designates the other. What the White House says […]

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Europe’s ‘Made in EU’ rules start at 5%, and they do not mention software

The Industrial Accelerator Act arrived on 4 March 2026 as COM(2026)100, alongside an impact assessment and three staff working documents, per the European Commission. Its formal title says what it is for. It establishes a framework for accelerating industrial capacity and decarbonisation in strategic sectors. It is a proposal, not a law. It is now […]

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Microsoft is killing its AI mascot, ten months after building it

The cull lands on Tuesday. Group Chat, Podcasts, Copilot Labs and consumer Deep Research all retire that day, according to Microsoft’s own support page. Mico goes at the same time, out of the voice experience and into Learn Live as a tutor. The whole thing sits inside a bigger change. Microsoft has started merging its […]

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