splunk Splunk Buys SignalFx for $1.05 Billion to Boost Cloud Monitoring Splunk acquires real-time cloud monitoring startup SignalFx for $1.05 billion to strengthen its observability and application performance capabilities.
t-mobile T-Mobile Resolves Nationwide Voice and Text Outage After Four Hours T-Mobile experiences a major nationwide outage that prevents customers from making calls and sending texts, though mobile data remains unaffected. The company resolves the issue after four hours without disclosing the exact cause.
digitalocean DigitalOcean Expands Managed Database Lineup With MySQL and Redis DigitalOcean introduces managed MySQL and Redis database services to complement its existing PostgreSQL offering, aiming to simplify app development for its users.
y combinator 82 Startups Showcase Innovations on Day Two of YC Summer 2019 Y Combinator wraps up its Summer 2019 Demo Days with 82 additional startups presenting disruptive solutions across biotech, logistics, and SaaS. The two-day event features a total of 166 companies aiming to transform their respective industries.
moviepass Unprotected MoviePass Server Exposes Tens of Thousands of Card Numbers A critical MoviePass database left without a password exposes over 58,000 customer card numbers, personal credit card details, and mistakenly typed passwords. The company only takes the leaking server offline after TechCrunch contacts executives.
facebook Facebook Overhauls Infrastructure to Launch Off-Facebook Activity Tool Facebook rolls out its new Off-Facebook Activity tool, allowing users to view and disconnect off-site data shared by third-party apps and websites. This launch requires a massive infrastructure redesign to overcome the challenge of decentralised data storage.
artificial intelligence US Government Takes Vague First Steps Toward National AI Strategy The Trump administration introduces the American AI Initiative to boost federal research and set international standards, but lacks concrete funding details and implementation timelines.
walmart Walmart Sues Tesla Over Rooftop Solar Panel Fires Walmart files a massive lawsuit against Tesla, accusing the company of gross negligence after solar panels catch fire on multiple store roofs. The retailer demands the removal of panels from all 240 locations.
chandrayaan-2 India Loses Contact With Lunar Lander During Historic South Pole Descent India's Vikram lander falls silent just 1.3 miles above the lunar surface during an unprecedented attempt to touch down near the moon's south pole. The mission's orbiter remains safely in orbit to continue its scientific objectives.
y combinator Y Combinator S19 Demo Day 1 Showcases 84 Startups Seeking Funding Y Combinator kicks off its S19 Demo Day with 84 startups pitching to Silicon Valley investors. Notable companies include a cloud-based Chrome streaming service and a radar device that sees through walls.
baidu Baidu Beats Revenue Expectations as Mobile Growth Offsets Profit Drop Baidu surpasses analyst estimates with $3.73 billion in Q2 revenue, driven by strong user growth in its mobile app and iQiyi streaming service. Despite the positive top-line momentum, the Chinese tech giant's net income falls 62% compared to last year.
cerebras Cerebras Unveils Trillion-Transistor Wafer-Scale Chip After Solving Massive Design Hurdles Cerebras emerges from stealth to launch the Wafer Scale Engine, a massive chip with 1.2 trillion transistors designed to accelerate deep learning. The company overcomes significant manufacturing and design challenges by using an entire silicon wafer as a single processor.
google Google AI Achieves Real-Time Hand Tracking On Smartphones Google researchers develop a highly accurate, real-time hand tracking system that runs entirely on a smartphone, potentially paving the way for better sign language translation.
ula United Launch Alliance Wins Contract to Send Astrobotic Lander to Moon ULA secures a deal to launch Astrobotic's Peregrine lunar lander in 2021 using its new Vulcan Centaur rocket. The mission supports NASA's commercial lunar program and doubles as a key certification flight for the rocket.
huawei US Extends Huawei Trade Reprieve While Blacklisting 46 More Affiliates The US Commerce Department grants Huawei an additional 90 days to purchase American supplies and service existing customers. However, the government simultaneously adds 46 more Huawei affiliates to its economic blacklist.