Costco Is Being Sued Over Tariffs — and a $166B ‘Double Recovery’ Claim. Here’s What That Means.
The lawsuit was filed by a Costco customer in federal court in Illinois.
The Download: AI bottleneck debates, and BCI trials take off
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. A startup claims it broke through a bottleneck that’s holding back LLMs AI startup Subquadratic came out of stealth last month with a huge claim: it had solved a mathematical bottleneck…
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Your Disaster Recovery Plan Is Outdated. Here’s How AI Can Fix That.
AI-powered continuous testing and simulation is transforming disaster recovery into a proactive, self-updating system that prevents catastrophic data losses.
Atlassian follows Block’s footsteps and cuts staff in the name of AI
Atlassian laid off 10% of its workforce, around 1,600 people, as the company looks to funnel more funds to AI.
Lucid Motors shows off robotaxi concept called ‘Lunar’
The concept was a highlight of Lucid’s investor day, in which the company detailed its ambitions to push deeper into autonomy while pumping out new, affordable EVs.
Humanoid maker Sunday reaches $1.15 billion valuation to build household robots
Coatue, Tiger Global, Benchmark and Bain are betting big on robotics company Sunday.
Papa John’s Could Go Private. Here’s Who Wants to Buy It for $1.5 Billion.
A Qatari-backed investment fund offered $47 per share, representing a roughly 50% premium to where the stock traded before the bid.
Webflow buys AI content generation platform Vidoso to bolster its marketing suite
Founded in 2024, Vidoso uses large language models to help organizations generate marketing collateral like images, presentations, video clips, blog posts, and social media content.
Bumble to launch an AI dating assistant, ‘Bee’
Bumble’s new AI assistant Bee will move the dating app beyond the swipe by matching people based on compatibility and goals.
Law enforcement shuts down botnet made of tens of thousands of hacked routers
An international law enforcement operation shut down a service called SocksEscort, which allegedly helped cybercriminals all over the world launch ransomware and DDoS attacks, as well as distribute child sexual abuse material.
A writer is suing Grammarly for turning her and other authors into ‘AI editors’ without consent
Journalist Julia Angwin is leading a class action lawsuit against Grammarly for violating her privacy and publicity rights.