Lovable has the .com now, and it belonged to an Italian lingerie brand

If you type lovable.com into a browser now, you land on a vibe-coding platform valued at $13.3bn. If you had typed it a month ago, you would have landed on an Italian underwear company, which is the m [...]

Apple raises AppleCare+ prices as the memory shortage spreads from hardware to services

Apple has raised the monthly cost of AppleCare+ subscriptions by 50 cents for Macs and iPads, Bloomberg reported on Tuesday, extending a wave of price increases that has already hit the company’s ha [...]

Spotify launches a conversational AI that lets you shape what plays by talking to the app

Spotify launched a conversational AI feature that lets Premium users type or speak directly in the app to control what plays, learn about music, and explore their listening history. The beta is rollin [...]

OpenAI disbanded the team that assessed catastrophic model risks

OpenAI shut down its preparedness team at the end of July, the Financial Times reports. The team existed to work out whether OpenAI’s models posed catastrophic risks. It also designed the ways to co [...]

Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity

Kalshi, the prediction markets exchange, has built a forward curve that tracks the future price of computing power, joining a growing list of exchanges and index operators trying to turn GPU rental co [...]

Ericsson revenue falls 6% as component costs bite and licensing income dries up

Ericsson booked SEK 52.7bn of revenue in the second quarter, down 6% from SEK 56.1bn a year earlier, as weaker patent licensing income and currency movements outweighed growth in a handful of region [...]

Reddit stock surges after being named to the S&P 500 for the first time

Reddit will join the benchmark index on Aug. 18, replacing AvalonBay Communities, becoming only the second pureplay social media company in the S&P 500 [...]

Pegasus hack of the EU’s own spyware investigator sparks calls for urgent action

Pressure is mounting on the European Commission to act on spyware, after forensic evidence showed one of the EU’s own spyware investigators was hacked with Pegasus. Civil society groups issued a jo [...]

Judge upholds the verdict that Musk defrauded Twitter investors

A federal judge has refused to overturn a jury’s finding that Elon Musk defrauded Twitter investors during his $44bn takeover of the platform in 2022. US District Judge Charles Breyer denied Musk†[...]