Emily Bary / MarketWatch:
Unity reports Q2 revenue down 16% YoY to $449M, vs. $438M est., a net loss of $125.6M, vs. $192.2M in Q2 2023, and trims its FY 2024 forecast — App-monetization company trims its full-year forecast, with new CEO saying ‘investments in fundamental product enhancements will take some time to manifest …
Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024 (Wall Street Journal)
Wall Street Journal:
Sources: enterprise AI company Glean is in advanced talks to raise $250M led by DST Global at a $4.5B valuation, about double its valuation from February 2024 — The $250 million investment would double the company’s valuation from six months ago, a sign of continued enthusiasm for generative AI
OpenAI rolls out the ability for ChatGPT free users to create up to two images per day with DALL-E 3, after launching DALL-E 3 to Plus subscribers in October (Jay Peters/The Verge)
Jay Peters / The Verge:
OpenAI rolls out the ability for ChatGPT free users to create up to two images per day with DALL-E 3, after launching DALL-E 3 to Plus subscribers in October — OpenAI is going to let users of ChatGPT’s free tier make up to two images per day with its DALL-E 3 model, the company announced on Thursday.
Sources: the UK is considering revisiting parts of the Online Safety Act to give authorities more power to force social media companies to curb harmful content (Bloomberg)
Bloomberg:
Sources: the UK is considering revisiting parts of the Online Safety Act to give authorities more power to force social media companies to curb harmful content — – Starmer has few existing levers to curb incendiary content — Officials consider revisiting key parts of Online Safety Act
Q&A with DOJ antitrust boss Jonathan Kanter on the US’ Google win, the Apple deal, competition, being “overjoyed”, Google’s appeal, market definitions, and more (Nilay Patel/The Verge)
Nilay Patel / The Verge:
Q&A with DOJ antitrust boss Jonathan Kanter on the US’ Google win, the Apple deal, competition, being “overjoyed”, Google’s appeal, market definitions, and more — AAG Jonathan Kanter says the Google monopoly verdict belongs on the ‘Mount Rushmore of antitrust.’
Take-Two reports Q1 net bookings up 1% YoY to $1.22B, vs. $1.25B est., net revenue up 4%, and expects sequential growth in net bookings in FY 2026 and FY 2027 (Zaheer Kachwala/Reuters)
Zaheer Kachwala / Reuters:
Take-Two reports Q1 net bookings up 1% YoY to $1.22B, vs. $1.25B est., net revenue up 4%, and expects sequential growth in net bookings in FY 2026 and FY 2027 — Take-Two Interactive Software (TTWO.O) said on Thursday it expects to see sequential growth in its net bookings in fiscals 2026 and 2027 …
Sources: Japanese cybersecurity company Trend Micro, which has a market value of about $6.5B, is exploring a sale after attracting buyout interest (Milana Vinn/Reuters)
Milana Vinn / Reuters:
Sources: Japanese cybersecurity company Trend Micro, which has a market value of about $6.5B, is exploring a sale after attracting buyout interest — Trend Micro (4704.T), a Japanese cybersecurity firm with a market value of about 950 billion yen ($6.5 billion), is exploring a sale …
Spotify says Apple’s new “unacceptable” plan “disregards the fundamental requirements” of EU’s DMA; Tim Sweeney calls it “malicious compliance” with “junk fees” (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Spotify says Apple’s new “unacceptable” plan “disregards the fundamental requirements” of EU’s DMA; Tim Sweeney calls it “malicious compliance” with “junk fees” — Count Spotify and Epic Games among the Apple critics who are not happy …
Putin signs a law legalizing cryptocurrency mining in Russia; only Russian legal entities and individuals included in a register will have the right to mine (TASS)
TASS:
Putin signs a law legalizing cryptocurrency mining in Russia; only Russian legal entities and individuals included in a register will have the right to mine — Only Russian legal entities and individual entrepreneurs included in a register will have the right to mine
OpenAI reveals details of GPT-4o’s safety testing, including concerns that its anthropomorphic voice may make some users emotionally attached to their chatbot (Wired)
Wired:
OpenAI reveals details of GPT-4o’s safety testing, including concerns that its anthropomorphic voice may make some users emotionally attached to their chatbot — The company has revealed details of AI model safety testing—including concerns about its new anthropomorphic interface.
