A profile of Panos Panay, head of devices and services at Amazon, who has scaled back new releases to focus on perfecting products like Alexa+ before rollout (Sebastian Herrera/Wall Street Journal)
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New apps are helping immigrants navigate Trump's deportation crackdown, including by alerting users to locations of ICE raids and informing them of their rights (Rest of World)
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AI research nonprofit EleutherAI releases the Common Pile v0.1, an 8TB dataset of licensed and open-domain text for AI models that it says is one of the largest (Kyle Wiggers/TechCrunch)
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Simetrik, which uses AI to automate account reconciliation, raised a $30M Series B extension led by a Goldman Sachs Alternatives unit, taking the round to $85M (Bloomberg)
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CapVest-owned Datasite, which offers workflow automation tech for dealmaking, acquires Grata, which helps users with all aspects of the deal process, for $200M+ (Maria Armental/Wall Street Journal)
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Boulder, CO-based quantum computing startup Infleqtion raised a $100M Series C and partnered with US government services contractor SAIC to pursue defense deals (Stephen Nellis/Reuters)
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Beijing-based Kuaishou's stock climbs after the company said it expects its video-generation service Kling AI to hit $100M in annual revenue by February 2026 (Bloomberg)
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Walmart's Flipkart secures a lending license from the RBI, letting the e-commerce company offer loans directly to Indian customers and sellers on its platform (Ashwin Manikandan/Reuters)
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President Trump signs an EO scrapping or revising several Biden- and Obama-era cybersecurity programs, including for AI security and post-quantum cryptography (Eric Geller/Cybersecurity Dive)
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Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC (Wall Street Journal)
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Sources: Musk's feud with Trump will complicate xAI's attempt to raise $5B in debt, and might increase lending costs or cause some lenders to walk away entirely (Eric Platt/Financial Times)
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Researchers: cybercriminals are increasingly turning from "bulletproof" hosts to "residential proxies" that disguise malicious traffic as normal online activity (Lily Hay Newman/Wired)
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An Indian government official says Starlink has secured a license from the telecom ministry to launch services in the country and now must apply for spectrum (Bloomberg)
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Eric Trump says the TRUMP memecoin team and Magic Eden have canceled the $TRUMP Wallet; Trump's World Liberty Financial reportedly sent them a cease-and-desist (Jason Shubnell/The Block)
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Virtual chronic care company Omada Health closed up 21% in its Nasdaq debut after raising about $150M in its IPO, valuing the company at just over $1B (Ashley Capoot/CNBC)
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Source: Milan Kovac, Tesla's head of engineering for Optimus, is leaving; Ashok Elluswamy, who leads Autopilot teams, will take over the humanoid robot program (Edward Ludlow/Bloomberg)
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Google rolls out "scheduled actions" in the Gemini app, allowing AI Pro and AI Ultra subscribers to ask the AI assistant to perform tasks at specific times (Emma Roth/The Verge)
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Analysis: Community Notes submissions on X fell from a high of 120,000 in January to fewer than 60,000 in May; Musk now rarely mentions the feature (Joe Murphy/NBC News)
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Sources: Trump's team seeks a potential consent decree as part of an FTC deal forcing Meta to pay restitution to conservative users harmed by content moderation (Lydia Moynihan/New York Post)
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Winklevoss twins' crypto exchange Gemini says it has confidentially filed for an IPO in the US, after SEC dropped its probe and Gemini settled with CFTC for $5M (MacKenzie Sigalos/CNBC)
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Sources: Trump plans to extend TikTok's June 19 sale deadline; ByteDance told the White House China wouldn't approve a deal until there are trade negotiations (Alex Leary/Wall Street Journal)
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Sources: Tucker Carlson was on WH's list of potential TikTok investors, with JD Vance pushing for his inclusion, along with others like a16z and Blackstone (Financial Times)
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X names Polymarket as its official prediction market partner, with plans to combine Polymarket predictions with X data to deliver live insights (Aisha Malik/TechCrunch)
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Tech industry fears Musk-Trump rift fallout as some downplay its permanence, and sources say, try to stop Musk from appearing on an emergency All-In episode (Financial Times)
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A probe found hundreds of ads for "nudify" apps on Meta platforms; Meta removed the ads, and says those behind the apps constantly evolve to avoid detection (Emmet Lyons/CBS News)
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