Joe Tidy / BBC:
The UK Electoral Commission says it took three years and £250K+ to recover from an August 2021 hack that exposed 40M voters' private data to Chinese hackers  —  The UK's elections watchdog says it's taken three years and at least a quarter of a million pounds to fully recover from a hack …

Gopal Sharma / Reuters:
The Nepalese government lifts its social media ban after local media reported 19+ deaths in clashes over anti-government demonstrations sparked by the ban  —  Nepal has lifted a social media ban following protests that resulted in the deaths of 19 people, a government minister said on Tuesday.

Connie Loizos / TechCrunch:
Evan Spiegel says Snap is restructuring around small “squads” of 10 to 15 people to compete better; Snapchat+ now brings in $700M+ in ARR from 15M+ paying users  —  Snap is breaking itself apart and rebuilding from within.  In a new company letter, CEO Evan Spiegel just announced …

Berber Jin / Wall Street Journal:
Sources: OpenAI execs fear rising political scrutiny in California could hinder its for-profit plans and have discussed moving out of the state as a last resort  —  Startup's leaders have discussed last-ditch prospect of leaving California if regulators complicate transition to for-profit company

Reuters:
How VC firm 1789 Capital grew to $1B+ in assets with Donald Trump Jr. as a partner; its recent deals include investments in xAI, Neuralink, and Perplexity  —  1789 Capital denies it receives any advantage from Don Jr.'s role.  —  In the months following Donald Trump's return to the White House …