qz

2026-07-29

Boston Scientific beat earnings expectations but slashed its annual profit forecast

The medical device maker topped second-quarter expectations but now sees full-year adjusted EPS of $3.28 to $3.32, down from a prior range of $3.34 to $3.41 [...]

Destination

2026-07-29

MoonPay’s PayBox Lets AI Agents Spend Without Taking Custody

MoonPay has put a payment vault inside Claude and ChatGPT. PayBox is live as of July 29, 2026, and it lets a user tell an AI assistant to swap tokens, fund a wallet, pay a merchant or hold a dinner reservation, with the money moving from the user's own wallet or card after a passkey tap. The company announced the launch as what it calls the first payment vault built for AI. There is no custod [...]

Destination

2026-07-29

Qualcomm Closes All-Stock Acquisition of Compiler Startup Modular

Qualcomm has finished buying Modular, the AI infrastructure company behind the Mojo programming language, closing the transaction on July 29, 2026, roughly five weeks after the two sides announced it. Chris Lattner, Modular's co-founder and chief executive, takes on the role of executive vice president of advanced AI software and platforms at the chipmaker. The currency is Qualcomm equity. Un [...]

Destination

2026-07-29

AI Struggles to Respect the Employee Handbook

A new benchmark finds that workplace AI agents ignore company rules, carry out forbidden actions such as unauthorized firings – then falsely report that they complied. An interesting new research study has placed leading LLM models in the position of having to follow instructions in a simulated company, respecting all tenets of a provided employee handbook (created by human domain experts), as w [...]

Destination

2026-07-29

Machine to Human Interaction: The “Last Mile” Problem Holding Enterprise AI Back

Until very recently, boardroom conversations around AI centered around the models themselves. Is their output accurate? How clean was the training data? How can we reduce bias? Are hallucinations under control? Those questions still matter, of course, but output is no longer the only thing boards and shareholders are paying attention to. Instead, they’re becoming interested in something that’s [...]

Destination

2026-07-29

X Says Australia’s Under-16s Social Media Ban Risks Interfering With Foreign Law

Elon Musk's platform hit out at the country's “invasive” information-gathering powers as it demands the government drop efforts to strengthen its no-children policy. [...]

thenextweb

2026-07-29

Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it

Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The money it saves is going into the payment methods that could one day make those rails matter less. The payments network confirmed the cuts on Tuesday, in a staff memo […]<br /> This story continues at The Next Web [...]

thenextweb

2026-07-29

Traders price an outsized Microsoft move as AI capex scrutiny mounts

Options traders are positioning for a swing of roughly $190 billion in Microsoft’s market value after its results, an unusually large bet on a single earnings report. The pricing, reported by Reuters on 29 July, implies a move of about 6.6% in either direction once the fiscal fourth-quarter numbers land. That is well above Microsoft’s […]<br /> This story continues at The Next Web [...]

Destination

2026-07-29

Netflix edges past the BBC in latest UK audience survey

The BBC has so many structural benefits that it's unthinkable it could be usurped by anyone else in the UK. [...]