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Bloomberg: Sources: Intel explores options to cope with historic slump, including a split of its product and foundry units and potentially scrapping some factory projects  —  - Once-dominant chipmaker looks to longtime bankers for help  — Possible moves could include split of product, foundry units

Asa Fitch / Wall Street Journal: Analysts and industry execs say Nvidia's Blackwell engineering challenges stem from combining two new processors and several memory components in a single chip  —  As the company pushes the chip-making envelope, manufacturing hurdles are causing delays and higher costs

Reuters: Indian quick grocery delivery startup Zepto raises $340M at a $5B valuation, up from $3.6B in June 2024, in a round led by General Catalyst  —  Indian grocery startup Zepto said on Thursday it has raised $340 million in a fresh round, just two months after its last fundraise.

Carl Franzen / VentureBeat: Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' content  —  Alibaba Cloud, the cloud services and storage division of the Chinese e-commerce giant, has announced the release of Qwen2-VL …

Maxwell Zeff / TechCrunch: Google rolls out Gmail Q&A, a feature that allows users who pay for Gemini to chat with and use the AI assistant for their emails, on Android and soon on iOS  —  Gmail users on Android devices can now chat directly with Google's AI assistant, Gemini, about their emails in the Gmail app.

Jonathan Stempel / Reuters: A US district judge dismisses, with prejudice, a lawsuit accusing Elon Musk and Tesla of defrauding investors by hyping Dogecoin and conducting insider trading  —  Elon Musk and his electric vehicle company Tesla (TSLA.O) won the dismissal of a federal lawsuit accusing them of defrauding investors …

Leo Schwartz / Fortune: Bridge, which aims to build a global payment network around stablecoins, raised $40M led by Sequoia and Ribbit, taking its total funding to $58M  —  The crypto industry has long sought a “killer app” to bring digital assets into the mainstream.  Recently, though, some are pointing …

Jordan Novet / CNBC: MongoDB reports Q2 revenue up 13% YoY to $478.1M, vs. $464.1M est., and forecasts Q3 and FY 2025 revenue above estimates; MDB jumps 13%+ after hours  —  MongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance.

Jay Peters / The Verge: Meta is opening up Horizon Worlds to users aged 10 to 12 with parental approval, and rolls out a new age rating system for worlds to help parents supervise kids  —  As part of the rollout, parents will have a significant amount of control over what experiences their preteens can access …

Daniel Carvalho / Bloomberg: A Brazilian Supreme Court justice blocks Starlink bank accounts in Brazil in a bid to force Elon Musk to pay X's fines; the court has also threatened to block X  —  - Starlink bank accounts blocked to pay for fines on X  — Court threatens to block X for lack of Brazil representative

Kif Leswing / CNBC: Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL rose 3%+ after hours  —  Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales.

MacKenzie Sigalos / CNBC: Affirm closed up ~32% on Thursday, its best day in almost three years and its third-biggest rally since Affirm's January 2021 IPO, after beating estimates in Q4  —  Affirm shares soared nearly 32% on Thursday, notching their best day in almost three years, after the provider of buy now …

Bloomberg: Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to join the funding round that would value OpenAI at over $100B  —  - Apple, Microsoft also have been in talks about participating  — Financing would value OpenAI at more than $100 billion

New York Times: Michael Lacey, co-founder of the classified ad site Backpage, gets five years in prison and a $3M fine for money laundering; two other executives get 10 years  —  Michael Lacey, 76, co-founded the website that became known for its ads for prostitution.  He was convicted on a money laundering charge …

Bloomberg: Russians, from Kremlin officials to Putin's harshest critics, see Telegram as a source of both uncensored info, including on Ukraine, and problematic content  —  - Many Russians view Telegram as source of uncensored content  — Opposition, government united in outrage over Durov's arrest

Eric Slivka / MacRumors: Kuo: in the 2025 iPhone lineup, only iPhone 17 Pro Max will feature 12GB DRAM and an upgraded cooling system combining vapor chamber tech and graphite sheets  —  Just a day after a noted leaker on Chinese microblogging site Weibo suggested the iPhone 17 lineup in 2025 could see an upgrade …

Ben Weiss / The Verge: Documents and sources detail OpenSea's chaotic work environment, ever-shifting priorities, and regulatory issues, as the SEC and FTC make inquiries  —  The rise and fall of NFTs made and unmade OpenSea — the largest marketplace for the crypto asset.  But insider accounts of the company reveal …

Jason Schreier / Bloomberg: Sources: Chris Barrett, a former top executive at Bungie, was fired in March 2024 after being accused by several female employees of inappropriate behavior  —  Veteran developer who worked on hit video game franchises Halo and Destiny was directing the next major title, Marathon.

Bloomberg: Jensen Huang says Nvidia's new Blackwell chips will have “lots and lots of supply”, and the company expects billions of dollars in revenue from the chips in Q4  —  - Company earlier reported snags in production of Blackwell line  — Huang expects a ‘great next year’ after new chip arrives

Financial Times: Nvidia shares fall ~7% after hours, after the company failed to top the highest expectations and reported gross margin of 75.1%, vs. 75.5% est.  —  Solid growth due to AI chip demand fails to meet Wall Street's highest hopes  —  Nvidia's revenue more than doubled in the past quarter …

Anna Tong / Reuters: California's State Assembly passes the AI safety bill SB 1047, which now goes back to the Senate for a process vote before requiring Governor Newsom's signature  —  California lawmakers passed a hotly contested artificial-intelligence safety bill on Wednesday, after which it will need …

Nico Grant / New York Times: Yelp sues Google, alleging Google used its dominance in general search to gain an unfair advantage in local search services and local search advertising markets  —  Yelp complained for more than a decade that Google tilted the search market in its favor.  After its rival's landmark legal loss, it finally decided to sue.

Sarah Perez / TechCrunch: Threads now lets users see and like fediverse replies on other posts besides their own, and posts submitted via Threads API will be syndicated to the fediverse  —  Threads is deepening its ties to the fediverse, also known as the open social web, which powers services like X alternative Mastodon …

Ciara Linnane / MarketWatch: Affirm reports Q4 revenue up 48% YoY to $659.2M, vs. $604M est., and says it expects to generate an operating profit by Q4 2025; AFRM jumps 14%+ after hours  —  Affirm Holdings Inc.'s stock soared more than 15% in after-hours trading Wednesday, after the buy-now-pay-later company blew past estimates …