Krystal Hu / Reuters:
Databricks plans to acquire Tecton, which helps companies build and deploy ML applications, for an undisclosed sum; Tecton was valued at $900M in 2022  —  Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed …

Apple is suing a former employee on the Apple Watch team who left to join Oppo, alleging that he “conspired to steal Apple’s trade secrets relating to Apple Watch and to disclose them to his new employers.” Ahead of starting his new job at Oppo, the employee, Dr. Chen Shi, attended “dozens” of meetings with […]

Sarah Perez / TechCrunch:
On its 10th anniversary, YouTube Music gets new features, including “Taste Match” playlists similar to Spotify Blend and event notifications through Bandsintown  —  YouTube is celebrating 10 years of its YouTube Music app on Thursday with the launch of new features that bring it closer to rival Spotify and others.

Bloomberg:
Pattern, an e-commerce firm that resells goods on online marketplaces, files for a US IPO, reporting net income of $32.1M on revenue of $1.1B for H1 2025  —  Pattern Group Inc., an e-commerce firm that resells goods on marketplaces such as Amazon.com Inc.'s, filed for an initial public offering, disclosing growing revenue and profit.

The US is investing $8.9 billion into Intel, but most of the funds come from money that the government was supposed to pay the embattled chipmaker anyway. In an announcement on Friday, Intel said the federal government will fund its investment using the remaining $5.7 billion in grants it hasn’t yet received under the Biden […]