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Tech News
Nvidia is said to be closing in on a $13 billion acquisition of Hugging Face, the widely used hub for open-weight AI models, following its $6 billion deal with Poolside and Stripe's over $7 billion purchase of OpenRouter. Together the deals mark a surge of major capital flowing into companies built around freely distributed AI models rather than proprietary frontier systems.
A new Entrepreneur op-ed argues that identifying a profitable niche is only the first step for e-commerce founders, who often stall by over-researching or polishing websites before validating demand. The author outlines a practical approach: define a single customer and problem, translate that problem into a specific offer, and test it cheaply before scaling.
According to The Information, the Trump administration is preparing a new export control aimed at closing a loophole that lets Chinese firms tap advanced AI compute through remote servers hosted in Thailand and Singapore, countries not currently bound by China-specific chip restrictions. The Commerce Department could circulate the draft rule to industry groups for feedback as early as September.
Gap Inc. has appointed retail veteran Michael Francis to lead Old Navy, its largest brand by revenue. Francis previously helped shape Target's low-cost, design-forward strategy in the 2000s, and Gap is betting his experience can revive Old Navy at a moment when shoppers are especially price-sensitive.
Australian authorities have arrested two men in Perth accused of belonging to TeamPCP, a hacking group linked to widespread supply-chain attacks on open-source software. The pair face over a dozen charges including hacking, money laundering, and cybercrime offenses, with a court appearance scheduled for Thursday. The FBI says the group compromised more than a thousand organizations and stole over half a million credentials.
Google unveiled a special edition Fitbit Air in a blue colorway featuring a sleeping Pikachu print, designed to pair with its Pokémon Sleep app. The device functions identically to the standard Fitbit Air but syncs sleep data through Health Connect on Android, letting wearers see in-app Pokémon and a Snorlax-based Sleep Score. Preorders open today on the Google Store and Target, with shipping starting September 15 and three free months of Google Health Premium included.
A new report highlights that executives at several S&P 500 companies, including Walmart, DoorDash, and Target, continue to receive large compensation packages even as many of their employees face financial hardship. The findings point to a widening gap between CEO pay and worker wages at firms often categorized as low-wage employers.
The FDA has approved Rasonque (daraxonrasib), a once-daily pill designed to block multiple mutated forms of the RAS protein that drive most pancreatic adenocarcinoma tumors. It is cleared for adults with metastatic disease who have already tried one systemic treatment or cannot tolerate combination chemotherapy, and the agency says it acted ahead of its original review timeline.
CISA disclosed that hackers breached more than 100 internet-exposed water and wastewater systems across the U.S. during July, expanding the known scope of an ongoing campaign already reported in Michigan, Minnesota and other states. The attackers primarily targeted programmable logic controllers from vendors like Rockwell, Schneider Electric and Siemens, in some cases disabling shutdown alarms and safety processes without alerting operators.
Threat intelligence firm Defused reports that hackers are actively probing SharePoint servers by combining two vulnerabilities: an authentication bypass in JWT token validation (CVE-2026-55040) and a Business Connectivity Services flaw (CVE-2026-63520) that enables remote code execution. Proof-of-concept code for both bugs was published publicly in August by researchers at Rapid7 and VulnCheck, and Defused says it has already observed the bypass being exploited alongside admin enumeration on honeypots, though no successful code execution has been confirmed yet.
Researchers designed a chemical strategy that links a targeting molecule's binding action directly to the release of an anticancer payload, rather than relying solely on enzymatic cleavage. The team synthesized and validated compounds targeting fibroblast activation protein (FAP) and other markers, testing reaction rates and specificity using UPLC-mass spectrometry and antibody-based assays on proteins including PD-L1, DPPIV, and cathepsin B.
MIT scientists created a new vaccine adjuvant made of mRNA encoding two genes that push immune cells into a more active state via specific signaling pathways. Delivered in lipid nanoparticles in mouse models of bladder, colon, lung and skin cancers, the adjuvant slowed or eliminated tumors even without a cancer-specific vaccine, and worked even better alongside one or with checkpoint inhibitor drugs.