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PayPal turned down $53bn, and pointed to a beat and a $70 target

PayPal finally addressed the $53bn offer sitting on its table. Its answer was: not at that price. The company gave its first public response on Tuesday’s Q2 earnings call, alongside a beat. Chief executive Enrique Lores would not comment on Stripe and Advent’s bid directly. He said only that PayPal would “carefully consider” any path […]

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Fish Audio gives its voice AI away, and charges for the latency

Fish Audio, a Palo Alto voice-AI startup, has raised $52m in a round it still calls a seed, first reported by TechCrunch. It arrives at a company with an unusual shape. It gives its best models away, and charges for the wiring around them. The startup is a year old. It says more than 8 […]

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Apple raised its prices, then offered to rent you the phone instead

Apple has a new answer to the complaint that its products cost too much. Do not buy them. Lease them. On Tuesday the company launched Apple Upgrade in the US, a leasing programme run by the buy-now-pay-later firm Klarna. It covers the iPhone, Apple Watch, Mac and iPad, and it starts at $17.99 a month […]

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Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it

Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The money it saves is going into the payment methods that could one day make those rails matter less. The payments network confirmed the cuts on Tuesday, in a staff memo […]

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1,134 AI insiders just asked Washington for a way to slow AI down

More than a thousand of the people building the most powerful AI want a way to slow it down. On Tuesday, 1,134 employees of the leading AI companies signed a letter asking the US government to help build one. The statement is titled Pacing the Frontier. It asks Washington to “support an international effort to […]

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Google scraped the web to build itself. A court just said others can scrape Google.

Google built one of the world’s largest companies by scraping the entire web without asking permission first. This week a court told Google it cannot stop others from scraping Google. On 20 July, a federal judge dismissed Google’s lawsuit against SerpApi. The firm scrapes Google search results and resells them as structured data. Google had […]

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The man who coined ‘agentic AI’ is betting it won’t take your job

Andrew Ng helped give the AI industry its vocabulary, from “AI is the new electricity” to “agentic AI.” His new company bets against the phrase everyone else is using: that AI will take your job. Ng has founded LearnVector, an AI-native learning startup, and Coursera is backing it with $100m, first reported by Axios. The […]

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Starbucks’ AI tool didn’t die in a pilot. It died in 11,300 stores.

Starbucks told NomadGo on 3 April that it was scrapping the AI inventory tool the Redmond startup had built for it. Within days the 30-person company cut a large part of its workforce, according to GeekWire. The cuts included the technical team that ran the Starbucks account. Starbucks did not tell its own baristas for […]

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AI is finding twice as many software flaws. Almost none get exploited.

AI-discovered vulnerabilities are arriving at roughly twice last year’s rate. Almost none of them are being exploited. The US National Vulnerabilities Database recorded 45,207 software flaws between January and 27 July, already approaching the whole of 2025, which was itself a record. On that trajectory the year ends at roughly double the 2025 total, Bloomberg […]

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Only 27% of US hospitals can run an EEG. Epitel raised $26m for the rest

Epitel has raised $26m in a Series B round to expand a wireless EEG system that patients wear at home. Catalyst Health Ventures and Genoa Ventures co-led the round. The Salt Lake City company says it will spend the money on sales, marketing and distribution rather than research. The gap it is aiming at One […]

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