It Looks Like the Tesla Model Y Refresh Has Bombed

The high-selling Model Y is crucial for both Elon Musk and Tesla, but a half-hearted reskin of the car hasn’t reversed the company’s sales woes. Would a complete overhaul have been a better bet?

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UK ramps up scrutiny of Apple and Google in push for mobile services changes

The U.K.’s Competition and Markets authority proposed designating Apple and Google as having “strategic market status.”

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Silicon Valley AI Startups Are Embracing China’s Controversial ‘996’ Work Schedule

In an industry once known for cushy perks, some founders are now asking staff to commit to a 72-hour weekly schedule. You’re either in or you’re out.

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Gupshup raises $60M in equity and debt, leaves unicorn status hanging

Gupshup has raised over $60 million in a new round over four years after attaining the unicorn status.

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PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people

PayPal is partnering with global fintech companies to let users pay to different wallet systems cross border.

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Microsoft servers hacked by Chinese groups, firm says

The US tech giant is recommending some users install security updates after the data breach.

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Trump met with Amazon’s Jeff Bezos at the White House last week, sources say

A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside Washington, on July 14 before taking off the next day.

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Texas Instruments’ stock falls on weak forecast

Texas Instruments forecast third-quarter revenue that missed analysts’ estimates.

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Apple alerted Iranians to iPhone spyware attacks, say researchers

Researchers say Apple sent out threat notifications to several Iranians in recent months, saying their iPhones had been hacked. Iran is likely behind the attacks.

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Amazon acquires Bee, the AI wearable that records everything you say

Amazon has acquired the AI wearables startup Bee, which makes a bracelet and an Apple Watch app that record your day-to-day life to function as an AI assistant.

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