2026-08-03

Surfshark pulls the plug on Search as it shifts focus to fighting scams

Surfshark is phasing out its private Search tool due to low adoption, starting with mobile, and says a brand new anti-scam feature is coming to iOS and Android. [...]

2026-08-03

The Dow is up 700 points after Trump called off strikes on Iran and oil tumbled

The S&P 500 gained about 1% and the Nasdaq rose 1.2% as crude oil tumbled more than 6% on hopes for renewed diplomacy [...]

2026-08-03

Japan and the U.S. jointly intervened to prop up the yen — and say they'll do it again

The two countries spent as much as $36.58 billion buying yen on Friday and both said they will act again if needed [...]

2026-08-03

Visa is buying AI-powered fraud detection company BioCatch for $2.4 billion

The card giant is purchasing the Israeli company from investment firm Permira to bolster its fraud and cybersecurity offerings [...]

2026-08-03

Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury

American Bitcoin lost money again in the second quarter, and kept buying bitcoin anyway. The Trump-family-backed miner reported a net loss of $57.2m for the three months to June, narrower than the $81.8m loss it booked the quarter before. Mining revenue rose 8% to $67m, and the company produced a record 932 bitcoin over the […]<br /> This story continues at The Next Web [...]

2026-08-03

Yellow.ai is going public to buy the call centres it wants to replace with AI

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing operators it aims to automate. The deal folds Yellow.ai into Bluerock Acquisition […]<br /> This story continues at The Next Web [...]

2026-08-03

A two-year-old battery startup just hit $13bn by turning American homes into grid capacity.

A home-battery company that did not exist three years ago is now worth $13bn. Base Power has raised $1bn in a Series D and launched its own battery, Base Core. The bet behind the number is blunt: the grid cannot keep up with America’s power demand, and thousands of home batteries can. The round values […]<br /> This story continues at The Next Web [...]

2026-08-03

Booksellers fear their rarest books are being pulped to feed AI. The trail leads to a ‘recycler’.

We have written about why AI companies are buying up old books: printed before the internet filled with machine-made text, they are a clean source of language, free of AI slop. This is what that hunger looks like from the other end. In Australia, secondhand booksellers fear someone is slicing apart and pulping the rarest […]<br /> This story continues at The Next Web [...]

2026-08-03

A Korean chip startup just quadrupled to $2.2bn, betting AI’s next money is outside the data centre.

A South Korean chip designer few outside the industry have heard of just became a $2.2bn company. DeepX has signed the first tranche of a Series D round that values it at roughly four times its previous mark. And it is not finished raising. The first slice is about $29m, from existing backers BNW Investment […]<br /> This story continues at The Next Web [...]