• Ofcom launches a probe into TikTok over Online Safety Act compliance, citing doubts about the effectiveness of using age inference to determine users' ages (Mizy Clifton/Politico)
• A US official says TSMC plans to spend an additional $100B to build four new US chip fabs, bringing total pledge to $265B as part of a broader US-Taiwan deal (Bloomberg)
• TSMC raises its 2026 capex projections from $52B-$56B to $60B-$64B, and ups revenue growth projection from 30%+ to 40%+ YoY in USD terms, citing "AI megatrend" (Debby Wu/Bloomberg)
• Uber agrees to acquire Delivery Hero in a deal that values the German food delivery company at ~$14.8B, offering €41.50 per share and buying out Prosus' stake (Bloomberg)
• A US federal judge rules the State Department engaged in unconstitutional viewpoint discrimination by denying visas to researchers studying misinfo and disinfo (Mike Masnick/Techdirt)
• xAI sues a South Carolina man for allegedly using Grok to generate CSAM, in one of the first cases of its kind brought by an AI company against one of its users (Blake Brittain/Reuters)
• TSMC reports Q2 revenue up 36% YoY to ~$39.45B, net income up 77.4% YoY to ~$21.9B, both above est., and says chips 7nm or smaller were 77% of its wafer revenue (Jenny Lee/CNBC)
• Data center company Csquare raises $1.05B in its US IPO, selling 50M shares at $21 each, below its marketed range of $23 to $27, valuing the company at ~$3.25B (Reuters)
• Hyundai says it would make Boston Dynamics a wholly owned subsidiary by acquiring SoftBank's ~10% stake; Hyundai bought an 80% stake in Boston Dynamics in 2021 (Reuters)
• Filing: AST SpaceMobile delays the launch of its satellite-to-phone service to 2027 after the Blue Origin mishap and plans to raise $1B in convertible notes (Michael Kan/PCMag)
• AI execs are bolstering personal security amid rising AI opposition; Liferaft: digital threats against execs and data centers grew 7x from late February to May (Wall Street Journal)
• Filing: Elon Musk quietly bought Jacksonville, FL-based APR Energy, which operates mobile gas and diesel turbines similar to those used in Colossus 2, for ~$1B (Fred Lambert/Electrek)
• SpaceXAI open-sources Grok Build under an Apache 2.0 license after the tool had uploaded user repositories to a Google Cloud bucket, causing a severe backlash (Simon Willison/Simon Willison's Weblog)
• Cadence unveils AuraStack AI Super Agent, an AI platform for PCB and advanced chip packaging design, with Nvidia, TSMC, and Schneider Electric among early users (Marco Chiappetta/Forbes)
• Sources: Microsoft security chief Hayete Gallot, who took over in February, has prioritized AI tools, cut several hundred roles, replaced senior execs, and more (The Information)
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• Netflix releases a VHS-quality version of Stranger Things' first season
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• xAI sues Grok user for generating nonconsensual sexualized deepfakes
• AppleCare+ prices just went up for Macs and iPads
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• Elon Musk bought a gas turbine company
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• European Commission will not force smartwatches and other wearables to have replaceable batteries
• OpenAI launches a physical keypad for controlling agents
• Apple quietly hid a big change coming for CarPlay with iOS 27
• Apple is reportedly shopping for AI chip companies
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