TNW

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI
Google is simultaneously the most dominant and most vulnerable it has ever been
Stark Defence raises €500M led by Sequoia and Founders Fund at a valuation above €3.5 billion
Europe’s biggest tech CEOs have formed a standing lobby group with a direct line to von der Leyen
South Korea’s chip worker bonuses are so large the central bank is treating them as an inflation risk
Honda signs multiyear solid-state battery deal with QuantumScape after scrapping its EV lineup
LastPass says hackers stole customer data through a supply chain breach at Klue
CryptoProcessing’s MLRO on why banking access is still crypto’s biggest challenge
HaloBraid raises $7M to build the first robotic braiding assistant for hair salons
Meta launches its own smart glasses brand at $299, breaking from the Ray-Ban name
The algorithm has a nose now, and perfume is better for it
Claude’s latest wobble lands in a worse week
Luminvera bets on immersive software for robotics
EU escalates its Meta probe over addictive design for kids
SpaceX lands $6.3bn compute deal with Reflection AI
The cybersecurity industry built a $200B business selling you problems. Nobody got paid to fix them.
Astral Systems raises £23M to make cancer isotopes by fusion
Groq’s $650M raise: rebuilding after the Nvidia deal

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