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Alibaba and Ant Subsidiary Pay $600 Million to Settle DOJ Illegal Sales Claims

Alibaba and Ant Subsidiary Pay $600 Million to Settle DOJ Illegal Sales Claims
Alibaba and Ant Subsidiary Pay $600 Million to Settle DOJ Illegal Sales Claims
July 01, 2026  |  Legal & Regulation

Alibaba Group Holding and its U.S.-based payment processor, Ant Group subsidiary AUS Merchant Services, have agreed to pay $600 million to resolve U.S. Justice Department...

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Cloudflare Arms Website Owners in Fight Against AI Crawlers
Cloudflare Arms Website Owners in Fight Against AI Crawlers
July 01, 2026  |  Artificial Intelligence

Connectivity cloud company Cloudflare is introducing new tools and integrations designed to enable site owners to decide whether automate agents and bots can access their...

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Plaid Talks With Banks About Potential IPO
Plaid Talks With Banks About Potential IPO
July 01, 2026  |  IPO

Plaid has held preliminary discussions with banks about a potential initial public offering, Bloomberg reported Wednesday (July 1), citing unnamed sources. Get the Full Story...

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WhatsApp Steps Up Fight Against Account Impersonation
WhatsApp Steps Up Fight Against Account Impersonation
July 01, 2026  |  Facebook / Meta

WhatsApp recently began offering usernames, designed to help people connect while keeping their phone numbers private. Get the Full Story Complete the form to unlock...

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JPMorgan AI Chief Teresa Heitsenrether Plans Year-End Retirement
JPMorgan AI Chief Teresa Heitsenrether Plans Year-End Retirement
July 01, 2026  |  Personnel

JPMorganChase’s artificial intelligence chief, Teresa Heitsenrether, will retire from the company at the end of the year, Bloomberg reported Wednesday (July 1). Get the Full...

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Twelve Labs Raises $100 Million to Fund Bet on Video AI
Twelve Labs Raises $100 Million to Fund Bet on Video AI
July 01, 2026  |  Investments

Twelve Labs argues that AI is leaving a text-based era and pivoting to video. Get the Full Story Complete the form to unlock this article and...

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Kraken Platform Payward Acquires Payments Firm Reap
Kraken Platform Payward Acquires Payments Firm Reap
July 01, 2026  |  Cryptocurrency

Payward, the financial infrastructure platform behind cryptocurrency exchange Kraken, has acquired payments infrastructure firm Reap. Get the Full Story Complete the form to unlock this...

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Together AI Raises $800 Million to Scale Cheaper Open-Source Models
Together AI Raises $800 Million to Scale Cheaper Open-Source Models
July 01, 2026  |  Artificial Intelligence

Together AI raised $800 million in a Series C funding round to expand its infrastructure layer that helps companies run open-source artificial intelligence (AI) models...

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