ON Semi’s $7 Billion Bet on the Physical World
The announcement landed on a Thursday morning from Scottsdale, Arizona, and it was the largest deal ON Semiconductor had ever done. The chipmaker, known to investors as ON Semi, agreed…
AI Customers Learn to Spend Less, and Model Makers Feel It
The finance chief of a mid-sized software company began receiving a new kind of report this spring: a weekly breakdown of how much the company’s engineers were spending on artificial-intelligence…
Big Tech’s June Selloff Erases $2.3 Trillion
The Magnificent Seven, the group of America’s largest technology companies, ended June with a combined loss of about $2.3 trillion in market value, their worst month since 2022. The selloff…
Alphabet Joins the Dow as the Index Crosses 52,000
The opening bell at the New York Stock Exchange on June 30 had more than the usual ceremony attached. Alphabet, the parent company of Google, began trading that morning as…
Microsoft Stock Heads for Its Worst Month Since the Financial Crisis
A portfolio manager at a Boston mutual fund began June with Microsoft as his largest holding, a position built over two decades of reliable earnings growth. He spent the past…
U.K. Regulator Proposes New Rules for Apple and Google’s App Stores
A British developer who sells a subscription fitness app has spent five years paying a 15 to 30 percent commission on every payment made inside the app, with no way…
Apple’s Steepest Drop in a Year Puts the Memory Crisis in Focus
By the time the closing bell rang on June 30, Apple shareholders had watched the stock fall more in a single session than in any other day in over a…
Amazon to Pay Anthropic by the Token
Finance teams negotiating cloud contracts have begun seeing a new line in their terms: Amazon will pay for Anthropic’s models by the token, rather than by the hour of compute…
Blackstone Sells Virginia Data Centers Back to Digital Realty
Two years ago, Blackstone and Digital Realty Trust formed a joint venture to build data centers in Northern Virginia, betting that the artificial-intelligence boom would turn the region’s power corridors…

Samsung Weighs More India Capacity as Export Subsidies Grow
Apple Files for iPhone Duo as Its First Foldable Sells
Etsy Moves Against AI-Generated Recipes and Patterns
Canva Trains Its Own Image Model, Aimed at Layouts Rather Than Photographs
Arc’s Shutdown Date Turns a Browser Into a Migration Project
Rivian Buys a Small British Team to Build the Roads Its Cars Never Drive
Microsoft Closes The Garage, Leaving Its Global Hackathon in Limbo
Nscale Is Sued in Norway Over a Dismissal
Apple’s Ad Business Gets a Lift From Formula 1
OpenAI Signs a Security Pact With Poland’s NASK








