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QBE names O’Brien to lead Asia marine liability cover
NewsAugust 12, 20261 min read

QBE names O’Brien to lead Asia marine liability cover

He will be based in Singapore and report to British Marine portfolio manager Richard Inman. QBE named Callum O’Brien as head of Protection and Indemnity (P&I), Asia. Based in Singapore,…

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Social media addiction lawsuit against Meta is dropped
NewsAugust 12, 20262 min read

Social media addiction lawsuit against Meta is dropped

A day after Snap tentatively settled with the plaintiff in a social media addiction lawsuit, leaving Meta as the only remaining defendant, the case has been dropped. In a statement,…

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Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
NewsAugust 12, 20264 min read

Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips

Tesla is no longer planning to reach “volume production” of three of its newest products — the Cybercab, the Tesla Semi, and its Megapack 3 commercial energy-storage solution — in…

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Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable
NewsAugust 12, 20262 min read

Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable

U.S. Treasury secretary Scott Bessent doubled down on his warnings to Chinese AI companies on Wednesday, saying that sanctions remain on the table after a White House official accused Moonshot…

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Google justifies its massive AI spending with a booming cloud business
NewsAugust 12, 20263 min read

Google justifies its massive AI spending with a booming cloud business

Alphabet investors have very publicly worried that the company’s massive AI spending isn’t worth the money. With the company’s latest earnings report, those investors should be able to relax a…

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After shocking quarter, IBM insists that AI isn’t killing the mainframe
NewsAugust 12, 20263 min read

After shocking quarter, IBM insists that AI isn’t killing the mainframe

On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion…

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ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
NewsAugust 12, 20263 min read

ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push

ServiceNow, the U.S. enterprise software company known for automating workflows like IT service management and HR operations, is betting on an Indian banking software specialist to deepen its push into…

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Experts say exploiting Anthropic’s Fable isn’t how Kimi K3 got so good
NewsAugust 12, 20265 min read

Experts say exploiting Anthropic’s Fable isn’t how Kimi K3 got so good

White House science advisor Michael Kratsios said that Moonshot, the Chinese company behind Kimi K3, the largest available open-weight LLM, built its model by copying Anthropic’s Fable LLM while using…

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Ford bets on Apple for its next-generation of EVs
NewsAugust 12, 20263 min read

Ford bets on Apple for its next-generation of EVs

Apple on Thursday announced a new set of developer tools that will let automakers embed Apple Maps navigation and mapping directly into their vehicles’ infotainment systems. The software development kit,…

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Your backstage pass to TechCrunch Disrupt 2026 is waiting 
NewsAugust 12, 20262 min read

Your backstage pass to TechCrunch Disrupt 2026 is waiting 

Volunteering at TechCrunch Disrupt 2026 isn’t just about scoring free admission (though a free three-day pass is a pretty sweet perk). It’s your chance to get a behind-the-scenes look at…

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