Fintech
1. Nigerian judge adjourns Binance money laundering trial to October
A Binance Holdings Ltd. executive spent several hours back in a Nigerian court on Tuesday, before a judge adjourned the hearing until October. (Bloomberg)
IT infrastructure
2. Google deal for ‘hot market’ cyber firm Wiz would bolster cloud security
Alphabet is in advanced talks to acquire Wiz, a person familiar with the matter said on Sunday, in an up to $23 billion deal that would be Google’s most expensive acquisition and provide it with cybersecurity products that defend against ransomware gangs wreaking havoc on large enterprises. (Reuters)
3. Musk says he will move SpaceX, X headquarters to Texas over frustration with California laws
California Gov. Gavin Newsom signed into law a bill that would bar schools from notifying parents if their child uses different pronouns or identifies as a different gender. (Fox news)
4. Ericsson partners with Umniah Jordan to reduce network energy consumption
Ericsson has announced a partnership with Umniah Jordan to deploy Ericsson’s cutting-edge Artificial Intelligence and Machine Learning (AI/ML) solutions to significantly reduce energy consumption across Umniah’s network operations in Jordan. (Iot now)
Tech trends
5. Trump says ‘I’m for TikTok’ as potential US ban looms
Republican presidential candidate Donald Trump said he supports TikTok even as a potential ban looms if Chinese-parent company ByteDance fails to divest the short video app’s U.S. assets. (Aol)
6. New Ray-Ban Meta glasses have outsold previous version, Essilux CEO says
Meta Platforms and EssilorLuxottica’s new generation of smart glasses have sold more in a few months than the old ones did in two years, EssilorLuxottica’s Chief Executive said on Tuesday. (Aol)
7. Russian cybersecurity firm Kaspersky Labs to wind down US operations
Russian cybersecurity company Kaspersky Lab will “gradually wind down” its US operations and lay off its US-based employees after the Department of Commerce announced a ban on the firm selling its products in the United States, Kaspersky said Monday. (CNN Business)
AI
8. Former OpenAI, Tesla engineer Andrej Karpathy starts AI education platform
Any questions about what OpenAI and Tesla alum Andrej Karpathy might be cooking up next have been put to rest: The prominent AI researcher and computer scientist took to his account on X today to announce his new venture, Eureka Labs, which he described as a new kind of AI-native school. (Venture Beat)
9. Microsoft’s hiring of former Inflection AI staff prompts UK probe
Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of some former staff of Inflection AI and its partnership with the startup. (Westlaw today)
10. SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate
Artificial intelligence firm SymphonyAI is reportedly planning to go public next year. (Pymnts)
11. Former Yandex chief Volozh returns with AI infrastructure venture after Russia split
Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence, founder Arkady Volozh, who previously set up Russian tech giant Yandex. (Reuters)
12. Anthropic releases Claude app for Android
Anthropic launched its Claude Android app on Tuesday to bring its AI chatbot to more users. This is Anthropic’s latest effort to convince users to ditch ChatGPT by making Claude available in more places. (Tech Crunch)
IoT
13. Deutsche Telekom Introduces AI-Driven “Law Monitor” for Enhanced Legal Compliance
In a significant stride towards leveraging artificial intelligence (AI) for legal and regulatory compliance, Deutsche Telekom has unveiled its latest innovation: the AI-driven “Law Monitor.” This cutting-edge tool is designed to assist businesses in navigating the complex and ever-evolving landscape of legal requirements. (Chain Trade AI)
