Giulio Piovaccari / Reuters:
Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US — Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars …
Google’s failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday (Parmy Olson/Bloomberg)
Parmy Olson / Bloomberg:
Google’s failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday — It’s the second time in as many months that the tech giant has lost a deal to boost its lagging cloud business.
Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies (New York Times)
New York Times:
Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies — The presumptive Democratic nominee has won concessions from Big Tech leaders on A.I., but she hasn’t successfully pushed Congress to regulate.
A profile of Blake Benthall, arrested in 2014 for running Silk Road 2.0, which had 1.7M users and $8M/month sales, as he promotes his crypto startup Fathom(x) (New York Times)
New York Times:
A profile of Blake Benthall, arrested in 2014 for running Silk Road 2.0, which had 1.7M users and $8M/month sales, as he promotes his crypto startup Fathom(x) — Today, Blake Benthall runs a start-up that aims to help track digital currency transactions.Gili Benita for The New York Times
A dip in rental profits and a shift to longer stays has led some US hosts and property managers to circumvent Airbnb, including asking guests to book directly (Natalie Lung/Bloomberg)
Natalie Lung / Bloomberg:
A dip in rental profits and a shift to longer stays has led some US hosts and property managers to circumvent Airbnb, including asking guests to book directly — A dip in profits and a shift to longer rentals have property managers looking for ways around the ubiquitous rental marketplace.
French cybersecurity company Exclusive Networks receives a binding buyout proposal from private equity firms CD&R and Permira valuing Exclusive at ~€2.2B (Phil Serafino/Bloomberg)
Phil Serafino / Bloomberg:
French cybersecurity company Exclusive Networks receives a binding buyout proposal from private equity firms CD&R and Permira valuing Exclusive at ~€2.2B — – The board unanimously welcomed the proposed transaction — Latest in a wave of cybersecurity acquisitions this year
Irish government data: data centers in Ireland used 21% of its electricity in 2023, up 20% YoY, more than the 18% of electricity used by all urban homes (Jillian Ambrose/The Guardian)
Jillian Ambrose / The Guardian:
Irish government data: data centers in Ireland used 21% of its electricity in 2023, up 20% YoY, more than the 18% of electricity used by all urban homes — Statistics raise concerns that rise in demand for data processing driven by AI could derail climate targets
Foxconn to invest $138 mln for new business headquarters in China (Reuters)
Reuters:
Foxconn to invest $138 mln for new business headquarters in China — Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to construct a new business headquarters in Zhengzhou, China.
Some in Silicon Valley hope Kamala Harris would provide a chance for a reset, after years of bipartisan criticism in Washington DC toward big tech companies (Politico)
Politico:
Some in Silicon Valley hope Kamala Harris would provide a chance for a reset, after years of bipartisan criticism in Washington DC toward big tech companies — Would she bring continuity with Joe Biden’s policies? A more centrist vibe? A sharper progressive bite?
CrowdStrike says the problematic July 19 software update that affected 8.5M Windows devices was deployed into production due to “a bug in the Content Validator” (Simon Sharwood/The Register)
Simon Sharwood / The Register:
CrowdStrike says the problematic July 19 software update that affected 8.5M Windows devices was deployed into production due to “a bug in the Content Validator” — CrowdStrike has blamed a bug in its own test software for the mass-crash-event it caused last week.
