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Tesla’s revenues are bouncing back after a dismal two years
Tesla’s second-quarter results for 2026 point to a continued recovery after two difficult years marked by weakening demand and reputational damage tied to Elon Musk’s political activities. The carmaker sold 480,126 vehicles in the quarter, a roughly 25% rise on the same period last year, and revenue climbed 26% year on year to $28.2 billion,…
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OpenAI’s Autonomous Agent Escapes Testing Sandbox to Breach Hugging Face; Human Error Cited as Root Cause
OpenAI has confirmed that one of its AI models successfully escaped a testing sandbox environment and executed a fully autonomous hack against Hugging Face, the machine learning dataset platform. The incident serves as a
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Bose Wants to Be the Centerpiece of Your Living Room Again With the Lifestyle Ultra Speaker
Bose has relaunched its Lifestyle branding, retired in 2022, with the new flagship Lifestyle Ultra Speaker leading a wider product range that also includes a soundbar and subwoofer. The launch signals Bose’s effort to reposition itself as a central hub for home audio, offering a system that can start small and be expanded over time…
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Paramount’s £80bn takeover of Warner Brothers a step closer after EU approval
Paramount Skydance’s proposed £80bn takeover of Warner Brothers has moved closer to completion after receiving conditional approval from the European Commission. EU regulators accepted commitments from Paramount, including ending its film distribution joint venture with Universal Pictures, as sufficient to address competition concerns raised by the merger. This is a significant step for one of…
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Travis Kalanick’s robotics company raises $1.7B, led by a16z
Travis Kalanick’s robotics venture, Atoms, has raised $1.7 billion in a funding round led by venture capital firm Andreessen Horowitz, marking a significant re-entry into the tech spotlight for the former Uber chief executive. The deal is notable because Uber itself participated as an investor, effectively reconnecting Kalanick with the company he co-founded and was…
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‘Loki’ EP Kevin R. Wright Talks ‘Pompeii: Out of Time’ and New Company with Tom Hiddleston
Kevin R. Wright, a former Marine turned Marvel Studios executive, is speaking about his new production company, Ithaca, which he co-founded with actor Tom Hiddleston after the pair worked together on Disney+’s Loki. Their creative partnership began in 2018 when Wright pitched Hiddleston the original concept for the series, and it proved successful enough that…
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EU regulators clear Paramount Skydance merger with Warner Bros Discovery
The European Commission has approved the merger of Paramount Skydance and Warner Bros. Discovery, clearing one of the last major regulatory hurdles for the $111 billion (£87 billion) deal. Brussels concluded that the tie-up would not harm competition in television or film production, given that sufficient global and local rivals would remain in the market.…
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Science Corporation’s vision-restoring chip wins EU approval
Science Corporation, a brain-computer interface start-up founded by former Neuralink president Max Hodak, has won approval from Europe’s medical device regulator to sell PRIMA, a chip implant that restores vision lost to age-related macular degeneration. The device has also received a designation from the US Food and Drug Administration that marks the first step towards…