• Circle reports Q2 revenue up 7% YoY to $701M, below $712M est., net income of $48M, vs. $43M est., and USDC circulation at $73.4B on June 30; CRCL fell 20% YTD (Olga Kharif/Bloomberg)
• Study: Palantir's European units made €440.5M in 2024 revenue but reported sharply lower margins than its US operations, helping cut its European tax bill (Antoaneta Roussi/Politico)
• Disney announces a global deal with TikTok to bring "thoughtfully curated" fan-created short-form videos based on Disney's IP to Disney+'s vertical Verts feed (Brooks Barnes/New York Times)
• Dubai-based vehicle fleet management startup Moove raised $250M led by Abu Dhabi's Mubadala at a $2.1B valuation to build autonomous vehicle "nests" for docking (Loni Prinsloo/Bloomberg)
• Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI demand, as enterprises shift from experimentation to deployment (Leo Marchandon/Reuters)
• Uber and Wayve say Wayve received London private hire vehicle licenses for supervised robotaxis ahead of a full rollout; Waymo plans to offer robotaxis in 2026 (Natalie Lung/Bloomberg)
• At the 2026 International Congress of Mathematicians, 20+ mathematicians reflect on how AI advances are transforming their work and field; many are optimistic (Kai Williams/Understanding AI)
• How Reddit moderators are battling AI-powered astroturfing ad campaigns that exploit the platform's trusted reputation to promote skincare and other products (Mia Sato/The Verge)
• Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transceivers; 62% of its Q1 revenue came from the US (Reuters)
• A profile of livestream shopping app Whatnot, which added 20M accounts in 2025, facilitated the sale of ~$8B in goods, and is set for $1B+ in revenue in 2026 (Wall Street Journal)
• Sources: Samsung and SK Hynix are evaluating chipmaking equipment from China's AMEC for possible use at their Chinese factories, as they hedge against US curbs (Reuters)
• Cloudflare announces Cloudflare Wallets for users to pay for APIs and content via stablecoins, with the ability to create virtual wallets for agentic shopping (Jeff John Roberts/Fortune)
• The AI frenzy has divided the VC market, as the gap between top and bottom performers has more than doubled for 2024 funds compared to funds from 2017 to 2021 (Bloomberg)
• SpaceX reports Q2 revenue from connectivity, including Starlink, up 66% YoY to $4.29B, vs. $3.83B est., and Starlink subscribers up 100% to 12M, vs. 12.19M est. (Todd Bishop/GeekWire)
• House panel report: US telcos connected their systems to data centers in a way that exposed them to vulnerabilities, potentially enabling Salt Typhoon hacks (Kelcee Griffis/Bloomberg)
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