Netflix's WBD bid marks a striking strategy shift for a company long known for pivots, especially after years of avoiding full commitment to theatrical releases (Nicole Sperling/New York Times)
Sources: SpaceX is planning a secondary share sale that would value the company at $800B, surpassing OpenAI to make it the most valuable US private company (Wall Street Journal)
Cloudflare says it has fixed an issue that caused a 25 minute outage on Friday, following a major, hours-long outage last month (Rose Henderson/Bloomberg)
Microsoft will increase prices for commercial Office subscriptions on July 1, 2026, including a 33% jump for front-line worker plans like Microsoft 365 F1 (Jordan Novet/CNBC)
Sources: Polymarket has recruited staff for a market making team that could face off against its customers; Kalshi's similar unit exposed Kalshi to criticism (Bloomberg)
OpenAI agrees to buy Poland-based Neptune, which makes tools for analyzing progress during AI model training; the transaction will be in stock (Dina Bass/Bloomberg)
IoT security device maker Verkada hit a $5.8B valuation after new funding, source says totaling $100M, led by CapitalG; it passed $1B in annualized bookings (Jaures Yip/CNBC)
Israeli startup Zafran, an AI-native threat exposure management service, raised a $60M Series C led by Menlo Ventures, bringing its total funding to $130M (Globes)
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A look at ElevenLabs, as ~50% of its $193M in trailing 12-month revenue now comes from corporates, like Cisco, and ~50% from YouTubers, podcasters, and authors (Iain Martin/Forbes)
Car sharing service Zipcar UK plans to shut down after London extended its Congestion Charge to EVs; Zipcar had losses of £11.7M in 2024 vs. £364,000 in 2023 (Simon Hunt/City A.M.)
How a Chinese entrepreneur amassed 10M+ IPv4 addresses, mostly from Africa, to lease them outside Africa, leaving African ISPs struggling to expand capacity (Alexandra Wexler/Wall Street Journal)
Anthropic says over 60% of its business customers use more than one Claude product, a trend it began noticing after Claude Code's rise in popularity (Richard Nieva/Forbes)
Sources: Databricks is raising $5B and expects sales to grow 55% this year, putting its post-money valuation at $134B, as AI costs squeeze gross profit margins (Cory Weinberg/The Information)
An in-depth look at TPUv7 Ironwood, the latest generation of Google's TPU, and how it positions Google as a serious challenger to Nvidia's AI chip dominance (Dylan Patel/SemiAnalysis)