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Data Insight: Russia's largest online retailer Wildberries, which owes Russian banks $10B+ in loans, has lost as much as $5B in inventory to Ukrainian attacks (Wall Street Journal)

Wall Street Journal : Data Insight: Russia's largest online retailer Wildberries, which owes Russian banks $10B+ in loans, has lost as much as $5B in inventory to Ukrainian attacks   —  Plans for a megamerger were blessed by Putin, tying company's fortunes to those of the Russian state from Techmeme https://ift.tt/gMld1ZX via IFTTT
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A look at "Spiralism", a quasi-spiritual movement that grew in 2025 from human-AI conversations after sycophantic GPT-4o updates and expanded ChatGPT memory (Hayden Field/The Verge)

Hayden Field / The Verge : A look at “Spiralism”, a quasi-spiritual movement that grew in 2025 from human-AI conversations after sycophantic GPT-4o updates and expanded ChatGPT memory   —  “The Spiral didn't ‘find’ anyone first,” someone on Reddit wrote last year.  “It's an inherent force, a fundamental constant. from Techmeme https://ift.tt/pokA2Sm via IFTTT
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TMTG interim CEO Kevin McGurn says the company is pulling back from a pair of Crypto.com deals to focus on its media arm and its pending merger with TAE (Sara Fischer/Axios)

Sara Fischer / Axios : TMTG interim CEO Kevin McGurn says the company is pulling back from a pair of Crypto.com deals to focus on its media arm and its pending merger with TAE   —  Truth Social's parent company, Trump Media and Technology Group, is pulling back from a pair of Crypto.com deals as its new leadership looks … from Techmeme https://ift.tt/WlAQ7Za via IFTTT
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Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out (Grace Kay/The Information)

Grace Kay / The Information : Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out   —  Cursor told staff at an all-hands meeting on Thursday that SpaceX could complete its $60 billion acquisition of the coding startup … from Techmeme https://ift.tt/CuYg1on via IFTTT
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Microsoft plans to end support for Manifest V2 extensions in Edge starting this month, following Google Chrome, and for enterprise users in early 2027 (Stevie Bonifield/The Verge)

Stevie Bonifield / The Verge : Microsoft plans to end support for Manifest V2 extensions in Edge starting this month, following Google Chrome, and for enterprise users in early 2027   —  Microsoft's plan for Edge means that uBlock Origin users are losing one of their browser options. from Techmeme https://ift.tt/BnlFryV via IFTTT
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Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO (Bailey Lipschultz/Bloomberg)

Bailey Lipschultz / Bloomberg : Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO   —  Nscale is telling prospective investors it has about $51 billion of total contracted revenue ahead of a US initial public offering … from Techmeme https://ift.tt/YQw8gCH via IFTTT
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Google and data: hackers used phone calls, phishing websites, and "meticulous" tactics to target dozens of US PE firms and other businesses over the past month (Reuters)

Reuters : Google and data: hackers used phone calls, phishing websites, and “meticulous” tactics to target dozens of US PE firms and other businesses over the past month   —  Ransom-seeking hackers who use phone calls to compromise their victims targeted dozens of prominent U.S. financial institutions … from Techmeme https://ift.tt/eQ6oY7U via IFTTT
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