• The FCC says an auction of wireless mid-band spectrum raised $3.5B+, which will largely be used to fund the replacement of Chinese telecom equipment in the US (David Shepardson/Reuters)
• Walmart acquires Vibe.co, which lets businesses create and buy ads on CTVs, sources say for $1.4B cash; top executives get $180M to stay for four years (Sarah Nassauer/Wall Street Journal)
• Alibaba sues the DOD, seeking removal from a blacklist of companies supporting China's military, says the decision is a violation of constitutional due process (Bloomberg)
• On the first day of their trial, two members of Scattered Spider plead guilty in the UK to charges stemming from a 2024 cyberattack on Transport for London (Brian Krebs/Krebs on Security)
• Anthropic launches Claude Tag, an agentic AI coworker for Slack that can learn context, give suggestions, and more, in beta for Claude Team and Enterprise tiers (David Gewirtz/ZDNET)
• Sources: Meta is building a standalone prediction markets app called Arena, which would probably rely on video game-like points instead of money wagers (New York Times)
• Sources: SpaceX, which is seeking to raise between $20B and $25B in its debut US bond sale, has drawn about $89B of demand (Bloomberg)
• Stark, which has a deal to supply "kamikaze" drones to the German military, raised €500M from Founders Fund, Sequoia, others; it faced criticism over Thiel ties (Financial Times)
• LastPass notifies customers that their personal information and customer support case records were stolen during a hack at Canadian market research company Klue (Zack Whittaker/TechCrunch)
• Beehiiv adds Cloudflare AI Crawl Control to writers' dashboards, allowing them to decide whether AI crawlers can scrape their work (Duncan Riley/SiliconANGLE)
• Market intelligence company Klue confirms it has suffered a breach, for which cybercrime group Icarus takes credit; Jamf, HackerOne, and others are affected (Zack Whittaker/TechCrunch)
• Walmart acquires Paris-based Vibe.co, which lets businesses create and run targeted ads on streaming services; Vibe.co's co-founders will join Walmart Connect (Brian Steinberg/Variety)
• SCOTUS ends a suit alleging Cisco aided China's Falun Gong persecution, further limiting a law used to hold corporations liable for overseas human rights abuses (Jan Wolfe/Reuters)
• The Ethereum Foundation cuts ~20% of its workforce, or 54 staff, as part of a broad restructuring amid leadership turnover and growing Ethereum fragmentation (Margaux Nijkerk/CoinDesk)
• Sources: Abu Dhabi's MGX has raised close to $50B from regional sovereign wealth funds, global pension funds, and others to accelerate spending on AI deals (Dinesh Nair/Bloomberg)
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