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Coinbase, the US-based cryptocurrency exchange platform, has released details from its second-quarter 2025 earnings report, which includes the financial impact of a previously disclosed data breach.
The report revealed that the data breach, which occurred in May 2025, cost the company US$307 million during the second quarter. This figure represents a revised estimate from an earlier projection of...
Reddit released its second-quarter earnings, highlighting an increased emphasis on artificial intelligence. This strategic pivot accompanies the company’s ongoing efforts to enhance its advertising capabilities through AI-driven marketing solutions.
Advertising remains a central revenue source. The company reported $465 million in advertising revenue, accounting for 93% of Reddit’s total revenue...
Figma’s initial public offering (IPO) commenced trading on the New York Stock Exchange Thursday, marking a significant milestone for the design software company. Early trading activity triggered a temporary halt due to pronounced market volatility.
The stock’s value surged rapidly, achieving a market capitalization of $45 billion within the first minute of trading. Throughout the day, the stock...
Microsoft is reportedly preparing for the launch of GPT-5, OpenAI’s next-generation language model, with internal testing of a new “smart mode” for its Copilot AI assistant, according to The Verge.
OpenAI is planning to launch GPT-5 in early August. References to GPT-5 have already been spotted inside Microsoft’s Copilot web app, hinting at the imminent arrival of a new feature called “smart mode...
Former SpaceX employees Robert Markert and David Lavalle filed separate wrongful-termination lawsuits, now in federal court, alleging safety concerns were disregarded and injuries unaccommodated.
Robert Markert, a supervisor for 13 years, alleges he cautioned SpaceX leaders that a specific aspect of the rocket fairing recovery process could “easily cause serious injury or death,” but was ignored...
Denmark is proposing new legislation to amend its digital copyright law, addressing the increasing threat of AI-generated deepfakes. The proposed changes seek to protect individual rights concerning their digital identities in response to the rise in deepfake attacks, which have resulted in significant financial losses and the spread of disinformation.
Deepfakes utilize artificial intelligence to...
According to an exclusive Fast Company article, Google is indexing shared conversations from ChatGPT, potentially exposing private exchanges to a wider audience. This development raises concerns about the privacy of users who share their chats with others, assuming a limited scope of visibility.
By using a specific Google site search that includes a portion of the link generated when a user...
Meta Platforms is significantly increasing its investment in artificial intelligence infrastructure, encompassing data centers and servers, as revealed in its second-quarter earnings report. The company projects capital expenditures for 2025 to reach between $66 billion and $72 billion.
This projection represents an increase of approximately $30 billion year-over-year at the midpoint. Meta...
Meta CEO Mark Zuckerberg on Wednesday unveiled his vision for “personal superintelligence,” defining it as AI designed to help individuals achieve their unique goals. This announcement contained hints of a potential shift in Meta’s strategy regarding the release of its AI models.
Zuckerberg emphasized the importance of sharing the benefits of superintelligence with the world as broadly as...
Google is expanding its AI-powered age verification system, initially implemented on YouTube, to encompass a broader range of its services within the United States. This expansion involves utilizing machine learning to assess user age based on online activity patterns. Users flagged as potentially under 18 will be required to verify their age through identification or a selfie.
The expansion of...