The EU ends an antitrust probe against Microsoft with no fine and accepts its concessions, including offering Office without Teams in Europe for seven years (Barbara Moens/Financial Times)
https://www.ft.com/content/2a3242d4-ba06-40a6-84f3-ab6b15dc18f3
Sources: the EU is preparing to probe Google over news publisher rankings in search over claims that Google demotes sites with "third party" promotional content (Barbara Moens/Financial Times)
https://www.ft.com/content/644edfe6-ccba-466a-bc93-e82f59e124df
How Larry Ellison, briefly the world's richest man, and Oracle CEO Safra Catz capitalized on the AI boom and vaulted Oracle into contention with industry giants (Financial Times)
https://www.ft.com/content/dfb2b9b7-b229-4f65-9611-2d879bd326b9
The Dutch government takes control of Chinese-owned Dutch chipmaker Nexperia under the Goods Availability Act to safeguard chip supply for European industries (Financial Times)
https://www.ft.com/content/605e5456-9437-47ff-be6a-edc5c82810f2
Kraken co-CEO Arjun Sethi criticizes UK crypto promotion rules requiring clear risk warnings, saying they hinder retail investors by slowing fund movement (Nikou Asgari/Financial Times)
https://www.ft.com/content/3e5cfd5a-f1b6-4213-aac5-81da088306da
Sources: software-focused PE firm Vista plans significant workforce cuts in the coming years as it uses AI to compile presentations, aggregate data, and more (Financial Times)
https://www.ft.com/content/7e8764f3-7a6d-4d7a-8273-734655bedff2
Sources: xAI is building world models for use in gaming and robotics, and has hired two AI researchers, Zeeshan Patel and Ethan He, from Nvidia to work on them (Cristina Criddle/Financial Times)
https://www.ft.com/content/ac566346-53dd-4490-8d4c-5269906c64ee
Sources: Meta Chief AI Scientist Yann LeCun plans to leave in the coming months to found his own startup; a source says he is in early talks to raise funds (Financial Times)
https://www.ft.com/content/c586eb77-a16e-4363-ab0b-e877898b70de
Sony unveils a cheaper, Japan-only PlayStation 5 Digital Edition for ~$350, a ~25% discount, following a similar move by Nintendo with the Switch 2 (Financial Times)
https://www.ft.com/content/f6edb22a-0b19-4073-9e28-ec29b096dde3
Similarweb: UK traffic fell 47% for Pornhub, 47% for XVideos, and 39% for xHamster from July 24, the day before age verification rules took effect, to August 8 (Tim Bradshaw/Financial Times)
https://www.ft.com/content/618f07cb-3cd8-42ff-af63-29118d305cbe