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Perplexity is offering a free one-year Perplexity Pro subscription, normally $20/month, to 360M users of Bharti Airtel, India's second-largest telecom operator (Moneycontrol)
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Sources: the European Commission has stalled one of its X investigations for breaking its digital transparency rules, as it negotiates a trade deal with the US (Financial Times)
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Google says threat actors are stealing sensitive data from organizations by targeting fully patched, end-of-life appliances from cybersecurity company SonicWall (Jonathan Greig/The Record)
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Delta plans for 20% of its fares to be individually determined using AI by the end of 2025, up from 3% now, with the goal of eliminating static pricing entirely (Irina Ivanova/Fortune)
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Microsoft's Copilot struggles to make headway against other AI assistants; Sensor Tower: Copilot's mobile app has ~79M downloads vs. ChatGPT's 900M+ downloads (Matt Day/Bloomberg)
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Bengaluru-based QpiAI, which is integrating AI and quantum computing for enterprise use cases, raised a $32M Series A at a $162M post-money valuation (Jagmeet Singh/TechCrunch)
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Coinbase rolls out the Base App, rebranding its Coinbase Wallet as an "everything app" that combines social networking, mini-apps, chat, payments, and trading (Naga Avan-Nomayo/The Block)
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In response to a March FOIA request, the US Marshals Service said it held over 28,988 BTC, worth ~$3.4B at current prices, far fewer than previously believed (Daniel Kuhn/The Block)
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Multi-service messaging app Beeper relaunches, introducing premium offerings and the option to switch to an on-device model; Automattic acquired Beeper in 2024 (Sarah Perez/TechCrunch)
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The trial for an $8B lawsuit by Meta investors against Mark Zuckerberg and other leaders opens over claims tied to the 2018 Cambridge Analytica privacy scandal (Associated Press)
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Filing: Intel is laying off 5,000+ employees across California, Oregon, Texas, and Arizona; California cuts affect 1,935, more than double the initial estimates (Nathan Owens/Manufacturing Dive)
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Reflection, co-founded by ex-Google researchers, unveils Asimov, an AI agent that reads a company's codebase, docs, and more to help software engineering teams (Will Knight/Wired)
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OpenAI says it will use the Google Cloud Platform for ChatGPT and its API, adding it to a list of suppliers that also includes Microsoft, CoreWeave, and Oracle (Jordan Novet/CNBC)
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Crypto exchange BigONE confirms a $27M hack from a hot wallet exploit, plans to pay back users and is working with security firm SlowMist to trace stolen assets (Shaurya Malwa/CoinDesk)
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Sources: Anthropic's financial performance has prompted some investors to indicate interest in funding the company at a valuation of $100B+ if it pursues a deal (The Information)
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Sources: Anthropic has rehired Boris Cherny and Cat Wu, who developed Claude Code, just two weeks after they left for Cursor developer Anysphere (Natasha Mascarenhas/The Information)
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Voting in the US House on whether to open debate on several cryptocurrency bills bogged down on Wednesday, a day after Trump intervened to save the initiative (Reuters)
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NYC-based Talos, which develops digital asset trading infrastructure, acquires Boston-based blockchain data provider Coin Metrics, a source says for $100M+ (Leo Schwartz/Fortune)
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xAI's Grok is rated for kids aged 12 and up in the iOS App Store, despite adding "companions"; one includes an NSFW "Bad Rudy" mode and the other becomes NSFW (Casey Newton/Platformer)
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Google announces a Pixel event for August 20 in NYC, with the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL Pixel 10 Pro Fold, and the fourth-gen Pixel Watch expected (Chris Welch/Bloomberg)
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