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HMD says it will "scale back" US operations, citing "a challenging geopolitical and economic environment", and appears to have stopped US sales of Nokia devices (Dominic Preston/The Verge)
2025-07-11 17:47 - https://www.techmeme.com/feed.xml
 
Chinese startup Moonshot AI releases Kimi K2, an open-source model that the company says has enhanced coding capabilities and excels at general agent tasks (Reuters)
2025-07-11 16:46 - https://www.techmeme.com/feed.xml
 
Virtru, which offers data security services to clients like the US DOD and Salesforce, raised a $50M Series D led by Iconiq Capital at a $500M valuation (Allie Garfinkle/Fortune)
2025-07-11 16:46 - https://www.techmeme.com/feed.xml
 
French prosecutors open a criminal investigation into X over allegations that the company manipulated its algorithms for the purposes of "foreign interference" (Politico)
2025-07-11 15:46 - https://www.techmeme.com/feed.xml
 
Moment, which offers fixed income portfolio management software to financial institutions, raised a $36M Series B led by Index, taking its total funding to $56M (PYMNTS.com)
2025-07-11 15:46 - https://www.techmeme.com/feed.xml
 
French media: French police detained Russian professional basketball player Daniil Kasatkin at the US' request due to his alleged links to a ransomware group (Daryna Antoniuk/The Record)
2025-07-11 15:46 - https://www.techmeme.com/feed.xml
 
Goldman Sachs CTO Marco Argenti says the bank is "going to start augmenting our workforce with Devin", Cognition's AI coding assistant, as Wall Street adopts AI (Hugh Son/CNBC)
2025-07-11 13:46 - https://www.techmeme.com/feed.xml
 
Recording: Intel's new CEO Lip-Bu Tan told staff that Intel is no longer "in the top 10 semiconductor companies" and it is "too late" to catch up to Nvidia (Mike Rogoway/Oregonian)
2025-07-11 14:46 - https://www.techmeme.com/feed.xml
 
Sources: Meta won't propose additional changes to its pay-or-consent model in the EU, and could face fresh antitrust charges and hefty daily fines (Foo Yun Chee/Reuters)
2025-07-11 14:46 - https://www.techmeme.com/feed.xml
 
Sources on key Microsoft-OpenAI clause: OpenAI decides when AGI and "sufficient AGI", capable of $100B+ in profits, are reached, and Microsoft can't build AGI (Steven Levy/Wired)
2025-07-11 13:46 - https://www.techmeme.com/feed.xml
 
RealSense spins out from Intel after 14 years as the chipmaker's robotics camera unit, and raises a $50M Series A with participation of Intel Capital and others (Samantha Subin/CNBC)
2025-07-11 11:45 - https://www.techmeme.com/feed.xml
 
Airalo, which offers affordable eSIM roaming packages for travelers, raised $220M at a $1B+ valuation (Kelsey Warner/Semafor)
2025-07-11 12:46 - https://www.techmeme.com/feed.xml
 
Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon (Bloomberg)
2025-07-11 11:45 - https://www.techmeme.com/feed.xml
 
Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China (Bloomberg)
2025-07-11 10:45 - https://www.techmeme.com/feed.xml
 
METR study: experienced open-source developers using Cursor and other AI tools took 19% longer to complete tasks, despite thinking AI had sped them up by 20% (Steve Newman/Second Thoughts)
2025-07-11 09:45 - https://www.techmeme.com/feed.xml
 
An Apple-backed study finds combining Apple Watch's heart rate sensor with a new Wearable Behavior Model gives 92% accuracy for pregnancy detection, and more (Marcus Mendes/9to5Mac)
2025-07-11 06:45 - https://www.techmeme.com/feed.xml
 
Tel Aviv- and NYC-based Datafy, which offers an autonomous cloud storage optimization service, raised a $20M seed led by Bessemer Venture Partners (Mike Wheatley/SiliconANGLE)
2025-07-11 03:44 - https://www.techmeme.com/feed.xml
 
How AI is being used by patients and doctors alike to recommend diagnoses and treatments, as experts warn of answers that seem confident but lack nuance (Ryan Flinn/Wired)
2025-07-11 04:45 - https://www.techmeme.com/feed.xml
 
Bilt Rewards, which offers rewards points for rent payments, raised $250M led by General Catalyst and GID at a $10.75B valuation, up from $3.1B in January 2024 (Paige Smith/Bloomberg)
2025-07-11 02:44 - https://www.techmeme.com/feed.xml
 
Missouri AG Andrew Bailey is investigating Google, Microsoft, OpenAI, and Meta, claiming the companies' AI chatbots are discriminating against President Trump (Adi Robertson/The Verge)
2025-07-11 01:44 - https://www.techmeme.com/feed.xml
 
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