Stripe and Advent reportedly offered to buy PayPal for around $53.4B

July 15, 2026
Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion.  Reuters reports that the offer was submitted earlier this month and is backed by roughly $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, […]

Apple Intelligence approved for launch in China with Alibaba’s Qwen AI

July 15, 2026
Apple Intelligence is headed to China after regulators approved Apple’s AI services through a partnership with Alibaba. The long-rumored deal will bring Alibaba’s Qwen AI models to Apple’s operating systems, marking a major expansion of the company’s generative AI platform into one of its most important markets.