Dutch Uptmz acquired by Aizy to build one AI ad platform across Google, Microsoft and Meta
Dutch Uptmz acquired by Aizy to build one AI ad platform across Google, Microsoft and Meta

The year-old Dutch startup is folding in a seven-year-old performance-marketing platform, betting that customers want AI, automation and human specialists in one place. Most startups spend their first year trying to survive. Aizy has spent its first ye…

An Indian court says Google can be liable for selling rivals a brand’s name
An Indian court says Google can be liable for selling rivals a brand’s name

The Delhi High Court held that letting competitors bid on the trademark ‘Hindware’ as an ad keyword is infringement, and that Google’s safe-harbour shield does not cover it. The business of search advertising rests on a quiet assumption: that a platfor…

A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance

Denmark’s AkademikerPension, which manages roughly $25 billion for academic professionals, has said it will not participate in SpaceX’s initial public offering or buy shares in any secondary-market transaction, according to Bloomberg. Chief investment …

Norway’s $2.3tn fund backs a human-rights review at Palantir
Norway’s $2.3tn fund backs a human-rights review at Palantir

The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vot…

Apollo and Blackstone shop a $36bn debt deal to buy Anthropic its chips
Apollo and Blackstone shop a $36bn debt deal to buy Anthropic its chips

The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and th…

SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week
SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and inves…

Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline
Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline

Blue Origin’s New Glenn rocket exploded during a static fire test at Cape Canaveral Space Force Station on Thursday night, sending a fireball into the sky and destroying the vehicle along with critical launch pad infrastructure. The explosion occurred …

Anthropic’s Claude Opus 4.8 is its most honest AI model yet, and Mythos is coming in weeks
Anthropic’s Claude Opus 4.8 is its most honest AI model yet, and Mythos is coming in weeks

Anthropic has released Claude Opus 4.8, an upgrade to its flagship AI model that the company says is more honest, more reliable in agentic tasks, and better at catching its own mistakes. The model is available immediately at the same price as its prede…

Oura’s Ring 5 is 40% smaller than its predecessor, and it arrives three days before a likely IPO filing
Oura’s Ring 5 is 40% smaller than its predecessor, and it arrives three days before a likely IPO filing

Oura has launched the Ring 5, a smart ring that is 40% smaller than its predecessor and, at 6.09mm wide and 2.29mm thick, is the smallest smart ring on the market. The ring weighs as little as 2 grams depending on size, down from the Ring 4’s 7.99mm wi…

Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides
Wix is cutting 20% of its workforce as a strong shekel and AI competition squeeze the website builder from both sides

Wix is laying off approximately 1,000 employees, roughly 20% of its workforce, in the largest round of cuts in the company’s history. CEO and co-founder Avishai Abrahami announced the decision on 28 May in a message posted publicly on X and sent simult…