Goldman Sachs Reportedly Requires Loyalty Oaths From Junior Bankers to Stop Private Equity Poaching
The investment bank wants to confirm that analysts haven’t lined up job offers from other firms.
The Download: the future of chipmaking and Anthropic’s government clash
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. The $400 million machine powering the future of chipmaking It’s a bit of a schlep to get to the top of ASML’s newest machine. It’s about the size of a double-decker…
Amazon Prime Day 1 Was the ‘Single Biggest E-Commerce Day So Far This Year,’ According to New Data
More people are shopping online this week, but so far, it hasn’t led to more sales for some vendors. Here’s what to know.
California lawmaker behind SB 1047 reignites push for mandated AI safety reports
California State Senator Scott Wiener on Wednesday introduced new amendments to his latest bill, SB 53, that would require the world’s largest AI companies to publish safety and security protocols and issue reports when safety incidents occur. If signed into law, California would be the first state to impose meaningful transparency requirements onto leading AI […]
Steve Davis left DOGE in May, but officials say he’s still running the show
Though he officially left the U.S. government in May, Steve Davis — Elon Musk’s low-flying former top lieutenant at the Department of Government Efficiency — continues wielding influence at DOGE, according to the WSJ. The outlet says Davis regularly gives directions to current DOGE officials and has privately dismissed his departure as “fake news.”
Neobank Revolut seeks $65B valuation, a year after its $45B deal
Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, […]
X’s ad business improved under departing CEO Linda Yaccarino, but it’s still tough times ahead
In the U.S., ad spending was up 62% year-over-year in the first half of 2025.
Nvidia Pulls Ahead of Apple and Microsoft to Become the World’s First $4 Trillion Public Company
Two years ago, Nvidia’s market value was just $500 billion.
OpenAI is reportedly releasing an AI browser in the coming weeks
OpenAI’s browser is said to use AI to rethink how users browse the web, keeping some user interactions inside ChatGPT instead of linking out to websites.
Jack Dorsey says his ‘secure’ new Bitchat app has not been tested for security
Dorsey admitted that his new messaging app had not been reviewed or tested for security issues prior to its launch.
Don’t Let Slow-Paying Customers Slow Your Business Down. Here’s Your Playbook for Getting Paid on Time.
Respectful, consistent pressure can encourage hesitant customers to pay promptly, enabling your business to thrive.