Tesla reports 443,956 deliveries in second quarter, a 4.8% decrease from last year Tesla’s delivery numbers for the second quarter beat Wall Street estimates.

Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs Shareholder advisory firms raised concerns about additional pay for CEO Marc Benioff in the form of equity grants.

Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit Revolut’s CEO Nikolay Storonsky said he is optimistic about the fintech firm’s chances of being granted a U.K. banking license.

Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here’s what it means Bitcoin investors are spooked by anticipation of an imminent Mt. Gox payout to victims of a 2014 hack on the exchange that led to its collapse.

Crypto firm Circle gets approval to issue stablecoin in EU under bloc’s strict rules Crypto firm Circle said it’s been granted an e-money license from France, bringing it into compliance with stablecoin rules under European Union crypto laws.

Google invests in BlackRock-backed Taiwanese solar developer to boost energy capacity amid AI boom Google announced it is partnering with BlackRock to develop a 1-gigawatt pipeline of new solar capacity in Taiwan.

Meta accused of breaching EU antitrust rules over ad-supported subscription service Meta on Monday was accused by EU regulators of failing to comply with the bloc’s landmark antitrust rules over its ad-supported social networking service.

Supreme Court punts social media moderation cases back to lower courts The Supreme Court on Monday kicked issues around social media content moderation back to lower courts for further review.

Gen Z’s shopping decisions are heavily driven by TikTok and influencers, report finds Brands are reassessing their supply chain strategies and emphasizing social commerce platforms to cater to Gen Z, especially TikTok and Instagram.

Bitcoin windfall coming for Mt. Gox creditors after decade-long wait and 10,000% price spike Defunct bitcoin exchange Mt. Gox, a decade after bankruptcy, will soon begin paying back users roughly $9 billion worth of crypto.

Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology As part of the deal, Amazon will license technology from Adept including some of its AI models and datasets.

Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground With Microsoft’s artificial intelligence technology drawing in more entrepreneurs to its cloud, Amazon wants to ensure that founders keep building on AWS.

SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI Softbank, which has a huge technology investment arm called the Vision Fund, has suggested it is looking to ramp up investments in artificial intelligence.

Tech founders are shunning IPOs after extended market lull, survey finds Only 15% of the 1,550 entrepreneurs surveyed by Techstars said their long-term goal is an IPO.

Crypto company Consensys sued by SEC as regulator continues industrywide crackdown The SEC on Friday filed sued against blockchain software company Consensys, alleging the improper sale of securities.

Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy The transforming power of artificial intelligence is of no value unless user data is protected, says the CEO of Chinese smartphone company Honor, George Zhao.

Peter Thiel says, ‘if you hold a gun to my head I’ll vote for Trump’ though he isn’t backing campaign Peter Thiel said on Thursday that he’d vote for Donald Trump over Joe Biden but he won’t provide money to Republican presumptive nominee’s Super PAC.

OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content OpenAI and Time said the new deal will allow OpenAI to access more than 100 years’ worth of the newsmagazine’s articles.

OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI Following lawsuits filed by The New York Times and other publications, the Center for Investigative Reporting is now taking on OpenAI and Microsoft.

Figma CEO says it is ‘eating cost’ of AI upgrade for customers in 2024 Figma is rolling out an AI upgraded design platform for free as its CEO Dylan Field says it’s unclear how many users want AI, and how good the tech is.