Cloudflare beat earnings, cut 1,100 jobs because AI agents do the work now, and lost a quarter of its stock price in a day

  Cloudflare beat Wall Street’s revenue and earnings estimates on Wednesday, announced it would cut 1,100 employees because artificial intelligence agents now do their work, and watched its stock f [...]

The Pentagon published 162 UFO files on war.gov/ufo. Two-thirds are redacted. The government says it is being transparent.

The Department of War launched a website on Friday called war.gov/ufo. It contains 162 files, including photographs from the Apollo 17 mission that NASA cannot explain, infrared videos of objects the [...]

India’s payments chief says AI will drive UPI from 750 million to a billion daily transactions

India’s Unified Payment Interface has grown to over 750 million daily transactions, and the head of the body that oversees it says AI will be central to reaching a billion. Dilip Asbe, MD and CEO of [...]

onsemi to buy Synaptics in $7bn bet on ‘physical AI’

onsemi is buying Synaptics in an all-stock deal worth about $7bn. The onsemi Synaptics deal bets that AI’s next wave lives not in the cloud, but in cars, factories and robots. The chip industry has [...]

From TikTok to witness list: How much can social media influence the Lindsay Clancy trial?

A viral TikTok led Lindsay Clancy’s defense to seek a potential witness, showing how true-crime fandom can enter the courtroom. [...]

Microsoft guts Xbox: 3,200 jobs cut and five studios divested, two of them European

Microsoft told its Xbox staff the truth in blunt terms: the business “is not healthy.” The fix? 3,200 job cuts, five studios out the door, two of them European. Xbox chief executive Asha Sharma la [...]

Main Capital raised the Netherlands’ biggest-ever fund on boring software

While public markets panic that AI will gut enterprise software, a quiet Dutch firm just raised €5.25bn on the opposite bet. Main Capital’s pitch: boring, essential software is exactly where the n [...]

Microsoft’s Nadella turns on the AI giants he helped build

In a blunt interview, Satya Nadella warned that the AI giants cannot keep promising mass job losses while demanding the power to build whatever they want. Microsoft’s answer: cheaper models, more co [...]

India scraps import duties on electronics and battery inputs to boost local manufacturing

India has removed import duties on a swathe of machinery and components used to make electronics, from lithium-ion battery cells to certain smartphone parts, in the latest push to lower costs for hard [...]