TechCrunch Top 3

The AI layoff wave is becoming a powder keg: What makes this combustible: at the very moment that tens of thousands of workers are being shown the door, a small cohort of AI insiders is becoming wealthy on a scale that's hard to comprehend. Read More

As AI agents become employees, NewCore emerges with $66M to give them identities: NewCore argues the next challenge in enterprise security will be managing AI agents, not people. Read More

UK unveils sweeping social media ban for users under 16: The ban would apply to a range of social media platforms including Snapchat, TikTok, YouTube, Instagram, Facebook and X. Read More

A message from Fidelity

Your Pitch Isn’t the Only Thing Investors Are Evaluating.

Investors don’t just listen to what you say - they look at how your company operates. Is ownership clear? Do your numbers match your story? Can you answer follow-up questions without digging through spreadsheets? The Fundraise-Ready Startup Kit equips founders with the materials investors expect to see, before pressure is on. Because confidence in the room doesn’t come from slides. It comes from preparation.

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Morning Must-Reads

A satellite just learned to find things on its own — here's what that means: In April, for the first time ever, an Earth observation satellite found what it was looking for, all on its own. Read More

The new Sonos Play has become my go-to desk and kitchen speaker: The new Sonos Play can act as a portable speaker inside and outside your home. Read More

Fox to acquire Roku in $22 billion deal: Fox says the deal will create the third-largest television company in the United States. Read More

Startup CEO Charlie Javice is reportedly angling for a Trump pardon: JPMorgan can't be pleased by any of this. Read More

Sarvam becomes India's newest AI unicorn with $234 million funding round led by HCLTech: Indian IT services company HCLTech is investing $150 million in the Bengaluru startup. Read More

A message from PwC

The next generation of tech companies is being built now.

From AI-native startups to next gen companies in industrials, healthcare and energy, today’s founders are navigating accelerated change and scaling faster than ever. PwC helps emerging companies prepare for growth through tailored audit, tax, and deals solutions. From fundraising and expansion to the public markets, be ready for what comes next.

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Last but Not Least

Salesforce acquires AI customer service platform Fin for $3.6 billion: Salesforce says it wants to use Fin's team and technology to improve Agentforce, its existing enterprise platform that businesses can use to build custom AI agents that automate tasks. Read More