Klarna's revenue per employee soars to nearly $1M thanks to AI efficiency push

Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its

Waymo and Uber are giving some riders early access to Atlanta robotaxi service

Waymo and Uber will start offering robotaxi rides in Atlanta to select customers who earlier this year signed onto a waitlist. The move comes ahead of the companies’ public robotaxi launch this summer. Customers selected for early access will be notified in the Uber app and via email. Those

Billionaire founder of Luminar replaced as CEO following ethics inquiry

"">Austin Russell, who became a billionaire after his lidar startup Luminar went public, appears to be out as CEO, according to the company’s board. Luminar’s board announced Wednesday — the same day of its first-quarter earnings report — it had replaced Russell and appointed Paul

Judge pressures Apple to approve Fortnite or return to court

A federal judge is asking Apple to approve Fortnite’s submission on the U.S. App Store or return to court to explain the legal basis as to why it has not done so. In a new filing, U.S. District Judge Yvonne Gonzalez Rogers confirms the court has received Epic Games’ latest motion, whe

Apple approves Spotify update so US users can buy audiobooks within the app

Spotify announced on Monday that Apple has approved a new app update, allowing iPhone users in the U.S. to purchase individual audiobooks directly within the app. Users can also view audiobook prices and easily buy additional listening hours beyond the initial 15 hours. “This change lowers the b

Headline Asia closes $145M fund to fuel investments in Asia-Pacific

With the current economic uncertainties and geopolitical challenges, securing funding for startups in Asia has recently become more difficult. Venture capital firms have also been impacted by the downturn, leading to a decrease in the number of funds being closed. The VC market is “going thr

Google launches stand-alone NotebookLM apps for Android and iOS

Google announced on Monday that it has officially released the NotebookLM apps for Android and iOS, a day before Google I/O 2025 and a day before the company said it would roll out. Since its launch in 2023, the AI-based note-taking and research assistant has only been accessible via desktop.

Trump signs bill criminalizing revenge porn and explicit deepfakes

President Donald Trump signed the Take It Down Act on Monday, a bipartisan law that enacts stricter penalties for distributing nonconsensual explicit images, including deepfakes and revenge porn.  The bill criminalizes the publication of such images, whether they're authentic or AI-genera

Google inks another massive solar power deal to electrify its data centers

Google is buying another 600 megawatts of solar power to supply electricity to its data centers. The new deal covers solar and storage projects being developed in South Carolina by EnergyRe. The company says it has 16 gigawatts under development; most projects listed on its site have deployed arou

AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash

Cocospy stalkerware apps go offline after data breach

A trio of phone surveillance apps, which was caught spying on millions of people’s phones earlier this year, has gone offline. Cocospy, Spyic, and Spyzie were three near-identical but differently branded stalkerware apps that allowed the person planting one of the apps on a target’s ph

xAI’s Grok 3 comes to Microsoft Azure

Microsoft on Monday became one of the first hyperscalers to provide managed access to Grok, the AI model developed by billionaire Elon Musk’s AI startup, xAI. Available through Microsoft’s Azure AI Foundry platform, Grok — specifically Grok 3 and Grok 3 mini — will “have all

Microsoft open sources a command-line text editor and more at Build

At its Build 2025 conference, Microsoft open sourced a number of apps and tools, including a new command-line text editor for Windows called Edit. Open source software may not earn the company direct revenue, but it can serve as a form of market research — and a funnel to paid applications and s

GitHub, Microsoft embrace Anthropic’s spec for connecting AI models to data sources

GitHub and Microsoft, GitHub’s corporate parent, are joining the steering committee for MCP, Anthropic's standard for connecting AI models to the systems where data resides. The announcement, which was made at Microsoft’s Build 2025 conference on Monday, comes as MCP gains steam i