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Honeywell Technologies Posts First Earnings Report Since Aerospace Spinoff, Books $6.6 Billion Gain From Quantinuum's IPO
Honeywell Technologies' first quarterly report as a standalone automation company beat prior guidance and included a $6.6 billion one-time gain from deconsolidating Quantinuum after its IPO.
Ford and Geely Form Joint Venture to Build Multi-Energy Vehicles at Spain's Valencia Plant
Ford will hold 66% and Geely 34% of a new joint venture at Ford's Valencia plant, producing three Ford and two Geely models starting in 2028.
Microsoft Blames Automated Maintenance Bug for Five-Hour Azure and Microsoft 365 Outage in West US
A maintenance-system bug stripped IP routes from Microsoft's West US datacenter on July 23, knocking out Teams, SharePoint, and Azure services for about five hours.
Travis Kalanick's Atoms Raises $1.7 Billion in Funding Round Led by Andreessen Horowitz, With Uber Investing
Atoms, Travis Kalanick's industrial robotics venture, closed a $1.7 billion round led by a16z, with Uber and Bain Capital among the backers.
Alphabet Discloses $94.1 Billion Stake in SpaceX After Blockbuster IPO, With Most Shares Locked Up Through 2027
Alphabet's quarterly filing values its SpaceX stake at $94.1 billion, an estimated 6% stake rooted in a 2015 bet, mostly locked up until Q3 2027.
Alphabet's SpaceX and Anthropic Stakes Drive a Record $112.1 Billion Quarterly Profit
Alphabet's Q2 2026 net income hit a record $112.1 billion as its SpaceX and Anthropic equity stakes generated a $98.0 billion investment gain.
Natural Raises $30 Million Series A to Build Payments Infrastructure for AI Agents, Setting Up a Challenge to Stripe
Natural closed a $30 million Series A led by Forerunner to build payment rails built for autonomous AI agents rather than human checkout, positioning itself against Stripe.
AWS CloudFront Outage Knocks Sites Offline as VPC Origins Configuration Failure Cascades Across Regions
A CloudFront routing-configuration failure tied to VPC Origins triggered widespread 5xx errors on July 16, hitting Hugging Face and the UK National Lottery before AWS restored service.
Scribe Therapeutics Files for Nasdaq IPO, Testing Investor Appetite for Early-Stage CRISPR Gene-Editing Biotechs
The Jennifer Doudna-founded CRISPR biotech filed to go public under ticker SCTX as its lead cholesterol therapy remains early in human testing.
PixVerse Closes $439 Million Series C Extension as Valuation Tops $2 Billion With Alibaba Joining
AI video startup PixVerse's Series C extension brings the round to $439 million and pushes its valuation above $2 billion, as it pivots from video clips toward real-time interactive worlds.
Botched Network Update Triggers 12-Hour Google Cloud VMware Engine Outage Across Three Regions
A faulty network configuration update severed inter-zone links in Google Cloud VMware Engine stretched clusters across Sydney, Melbourne, and Frankfurt for nearly 12 hours on July 14.
Lyzr Lets Its Own AI Agent Run a $100 Million Series B Fundraise as Valuation Nears $500 Million
Lyzr's AI agent SivaClaw fielded questions from 130-plus investors and drafted memos for the enterprise AI startup's in-progress $100 million Series B, which would value the three-year-old company near $500 million.