Financial Times:
Some defense tech startups are considering relocating to the US due to the UK's military spending delays, as some execs say the UK sector is at a “standstill”  —  Slow progress on government contracts prompts some groups to consider moving abroad

Wall Street Journal:
An analysis of four large private-credit funds finds an average of ~25% software share exposure vs. ~19% disclosed, amid investor concerns about software stocks  —  Analysis by the Journal finds four of the largest private-credit funds have more exposure to the software industry than their filings suggest

Wall Street Journal:
Inside the rise and fall of Sora, whose team worked separately from OpenAI's core research team, as OpenAI shuts down Sora and redirects compute to other tasks  —  When Sam Altman arrived in Los Angeles to attend Vanity Fair's Oscar afterparty earlier this month, his company was just weeks away …

Business Insider:
Some developers say the App Store review process is taking significantly longer, up to multiple weeks, with an influx of vibe-coded apps as the likely cause  —  - Apple's App Store is seeing an influx of new apps each month.  — Developers say the flood of apps is increasing wait times.

Jemima McEvoy / The Information:
Midjourney CEO David Holz says the company's revenue “significantly surpassed” $200M in 2023, and has “gone up” since then, despite its declining web traffic  —  Over much of the past year, David Holz, the 37-year-old founder of Midjourney, has devoted himself to a single task …