Jagmeet Singh / TechCrunch:
Hike, which was valued at $1.4B in 2016 and has since pivoted from a messaging app to a real-money gaming app, shuts down following India's ban on such apps  —  Hike, once one of India's most valuable startups with unicorn status, has become the latest casualty of New Delhi's recent real-money gaming ban …

Ben Fritz / Wall Street Journal:
Penske Media sues Google, says ~20% of Google search results linking to its sites now include AI Overviews, and affiliate link revenue fell 33%+ since late 2024  —  Penske Media alleges artificial-intelligence-generated answers steal its content and have reduced traffic and revenue for its sites

Brian Kahn / Bloomberg:
Lila Sciences, which uses AI to develop novel drugs and materials, raised $235M at a ~$1.23B valuation, after coming out of stealth in March with a $200M seed  —  Lila Sciences, which uses AI to develop novel drugs and materials, has received fresh funding led by Collective Global and Braidwell.

Let Hollow Knight: Silksong be your gateway into a world of excellent Metroidvanias that deserve a spot on your backlog next.

Coco Feng / South China Morning Post:
JD.com: sales of the iPhone 17 series in the first minute after pre-orders opened in China surpassed the first-day pre-order volume of 2024's iPhone 16 series  —  Pre-order sales of Apple's new iPhone 17 series have got off to a robust start in China, shattering previous records despite delays in the shipment of the iPhone Air.