ASML CEO Christophe Fouquet says the company plans to cut 1,700 jobs, or 4% of its workforce, mainly in its Tech and IT organizations; ASML jumps 5%+ pre-market
Sarah Jacob /Bloomberg:NEW
How Larry Ellison is helping his son David build a media empire, including making the case to Trump for why Paramount, not Netflix, should acquire WBD
Kevin Tierney / @catholicsmark : Well yes, in order to survive CBS needed to have less bias in its newsroom. Why is this surprising? Steve Rosenbaum / @magnifymedia : https://www.nytimes.com/.... Does...
A profile of ASML, Europe's most valuable company, as it prepares for a transition to High NA EUV, with high-volume manufacturing expected in 2027 and 2028
The Dutch company's machines are needed to make the AI chips that power ChatGPT and other models — When Christophe Fouquet interviewed … X: @oliviasolon and @business LinkedIn: Sarah Jacob and Peter...
Just Eat founder Jitse Groen plans to step down as CEO on January 1, to be replaced by Prosus Europe head Roberto Gandolfo; Groen founded Takeaway.com in 2000
Sarah Jacob / Bloomberg :
Adyen reports H1 2025 net revenue up 20% YoY to €1.09B, vs. €1.11B est., processed volume up 5% YoY to €649B, and EBITDA up 28% YoY to €543.7M; ADYEN falls 5%+
Sarah Jacob / Bloomberg :
Oxide Computer, which provides on-premises cloud computers to businesses, raised a $100M Series B led by Thomas Tull's US Innovative Technology Fund
We don't want to bury the lede: we have raised a $100M Series B … Kelly Teal / channelfutures : OpenText Doubles Down on Private Cloud, Increasing Partner Opportunity Maria Deutscher / SiliconANGLE : ...
Epic Games says that Apple rejected its latest Fortnite submission to the US App Store and the game on iOS will be “offline worldwide until Apple unblocks it”
Game is Blocked in the EU Now, Too Jessica Filby / Dexerto : Fortnite removed from App Store entirely after Apple blocks them in US Michael Tsai : Fortnite “Blocked” — Dominic Preston (MacRumors, Ha...
The Trump administration fired US Copyright Office head Shira Perlmutter; her office had raised concerns about using copyrighted content to train AI models
stoking fears about deregulation of AI Committee on House Administration : Morelle's Statement on Abrupt Firing of Shira Perlmutter, Register of Copyrights Dennis Crouch / Patently-O : Transformative ...
Adyen reports Q1 net revenue up 22% YoY to €534.7M, below €539.6M est., and processed payment volume up 6% YoY to €314.8B, below est.; ADYEN drops ~5%
Sarah Jacob / Bloomberg :
Superpower, which uses AI for personalized health overviews and offers biannual lab testing that analyzes 100+ blood biomarkers, launches with a $30M Series A
and I couldn't be more proud to be part of it. Joining Superpower as the first engineering hire and founding engineer has been an incredible journey 🧡 [image] Mene Mazarakis / @menemazarakis : absolut...