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Tech / The Next Web ·

Marvell to buy Nvidia-backed Lumentum in a $115bn all-stock deal

Marvell Technology has agreed to buy Lumentum in an all-stock deal. Lumentum makes lasers and other optical parts for AI data centres. The two companies valued Lumentum at $115bn, including debt, when they announced the deal on Monday. Lumentum shareholders will get 4.5 Marvell shares for each share…

Tech / The Next Web ·

Hello Group buys majority stake in Dutch dating app Inner Circle

Hello Group, the Nasdaq-listed company behind dating apps happn and Coffee Meets Bagel has acquired a majority stake in Amsterdam-based dating platform Inner Circle. The two companies announced the deal today but did not disclose the price or the size of the stake. Founded in 2012, Inner Circle says…

Tech / The Verge ·

Apple’s ‘Ultra’ smart home robot might have to wait until 2028

Apple has reportedly delayed the launch of its rumored smart home robot until next year at the earliest or possibly even 2028, according to The Information. It says the robot's hardware "has been finished for around two years," but that the software isn't ready. The device's software team has…

Tech / The Next Web ·

Freezers at Swedish supermarkets heat up overnight, store blames hackers

Refrigerators and freezers at several Swedish supermarkets heated up overnight into Monday, leaving stores with spoiled food and raising suspicions of a cyberattack. Grocery chains ICA and Coop confirmed that some of their locations were affected, Reuters reported. One of the affected stores, ICA…

Tech / The Verge ·

Squarespace is laying off 19 percent of employees

The website-building platform Squarespace is laying off 19 percent of its employees as it works to "simplify" its operations, Squarespace spokesperson Jeff Seedman says in a statement to The Verge. The job cuts will affect around 300 of Squarespace's 1,800 employees. "The changes are intended to…

Tech / The Next Web ·

SpaceX reportedly in talks to buy EchoStar’s Boost Mobile

SpaceX is in talks to buy Boost Mobile or secure access to its network, as Elon Musk looks to turn Starlink into a direct competitor to the major US mobile carriers, The Washington Post reported on Monday, citing people familiar with the discussions. The potential deal would give SpaceX a way to…

Tech / The Next Web ·

North Korean hackers used AI in crypto heists record $6bn Binance theft

North Korean hackers may be using AI to plan and carry out cryptocurrency thefts, according to security experts cited in a Bloomberg report published on Monday. They point to the growing complexity and precision of recent attacks, including last week’s record theft from Binance. The use of AI has…

Tech / The Verge ·

Why Peacock is making a huge bet on YouTube

Today, I’m talking with Matt Strauss, who is now chairman of the NBCUniversal Media Group. This is Matt’s second time joining me on the show, and there’s been a whole lot of organizational and structural change at NBCU since the last time he and I spoke just two years ago — pure Decoder bait. First,…

Tech / The Next Web ·

Deutsche Bank reportedly upgrades US tech after $2tn Nasdaq selloff

Deutsche Bank has turned positive on US technology stocks again, upgrading the sector to overweight, Reuters reported on Monday. An overweight rating means the bank advises clients to hold more of the sector than usual, and it reverses a downgrade made about three weeks earlier. That earlier move,…

Tech / The Verge ·

Vivo’s first Pro Max phone proves its Ultra is still in a league of its own

When I declared this spring that Vivo's X300 Ultra had the best cameras in any phone, two things made it stand out in my mind: its excellent main camera with a narrow 35mm focal length and what remains the most capable ultrawide in any phone worldwide. You won't find either in the new X500 Pro […]

Tech / The Verge ·

Could data center backlash flip Florida?

Patti Zirhut, a lifelong Republican, has been studying her ballot for weeks. Zirhut eagerly voted for President Donald Trump in 2016, 2020, and 2024, but she isn't toeing the party line this year. "My ballot is all mixed up," she says. She's voting for some Republicans, some independents, and even a…

Tech / The Verge ·

YouTuber Druski is going to make exclusive content for Netflix

Netflix today announced a multiyear deal with the YouTuber, comedian, and influencer Druski, and he'll create original content "exclusively" for the streaming service. The announcement is the latest in Netflix's efforts to bring creators onto the platform, having previously landed deals with…

Tech / The Verge ·

The 16GB Raspberry Pi 5 got another ‘unavoidable’ RAM price hike

The Raspberry Pi 5 with 16GB of RAM now costs $385 after an $80 price hike, the latest in a string of increases driven by the ongoing RAM shortage. This configuration launched at $120, and now costs over triple that price. The 16GB versions of the Raspberry Pi Compute Module 5 also got a $40 […]

Tech / The Verge ·

SpaceX could buy Boost Mobile as part of its big mobile carrier plans

SpaceX has discussed a deal with Boost Mobile to launch its own service through the budget-friendly carrier, according to a report from the Washington Post. The deal, which comes as SpaceX aims to make Starlink a "major" mobile carrier, reportedly involves the Elon Musk-owned company acquiring Boost…

Tech / The Verge ·

Affinity’s creative studio is now available on iPad for free

Canva is giving digital creatives a new way to design, illustrate, and edit photos on their iPads, and it doesn't have to cost them a thing. After relaunching the Affinity creative suite as an all-in-one desktop app last year, Canva has now introduced Affinity for iPad, which provides the same…

Tech / The Next Web ·

ADNOC signs deal with OpenAI and G42 to deploy Frontier AI agents

Abu Dhabi’s state oil company ADNOC has signed a multi-year agreement with OpenAI and G42 to bring AI agents into its operations. The deal was announced today, during a visit to the UAE by OpenAI chief executive Sam Altman. ADNOC will become the first energy company to use OpenAI Frontier, a…

Tech / The Verge ·

More European supermarkets are getting their freezers hacked

Grocery stores across Europe have been hit by another wave of suspected cyberattacks, reporting sudden changes in the temperatures of their fridges and freezers. Major supermarket chains across Belgium, Sweden, Luxembourg, and Estonia were affected according to local reports shared by Bloomberg…