Palantir posted second-quarter revenue of $1.94 billion, up 93% year-over-year, with U.S. commercial revenue surging 149% to $764 million, prompting the AI software company to raise its full-year guidance and sending its stock up 12%.

Jay Goldberg   ·   Read the story →

Archewell Philanthropies, the charitable organization of Prince Harry and Meghan, is urging Congress to act on AI deepfake legislation and accusing Big Tech of retaliating against child safety measures.

Marc Sabatini   ·   Read the story →

Amazon shares climbed 5% on Monday, pushing the company's market value above $3 trillion for the first time, as continued AI-driven cloud demand sustained a post-earnings rally into a third consecutive session.

Sara Montes de Oca   ·   Read the story →

The ExfilSquad data extortion group has claimed responsibility for a breach of the U.K.'s Police National Legal Database, alleging it stole 135,000 contact records belonging to police officers, staff, and criminal justice professionals.

Jay Goldberg   ·   Read the story →

The Trump DOJ has asked a federal court to dismiss an NAACP lawsuit against Elon Musk's xAI over unpermitted gas turbines in Mississippi, arguing citizens should not be able to enforce environmental laws against conduct the executive branch chooses not to prosecute.

Marc Sabatini   ·   Read the story →