Techmeme
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HPE secures court approval for its settlement with the US DOJ over its takeover of networking company Juniper, defeating a challenge by Democratic state AGs (Josh Sisco/Bloomberg)
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Tech hardware companies report the highest US CBP tariff refunds at $2.5B across six companies, including $2.2B in refunds to Apple alone; Amazon received $640M (Wall Street Journal)
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Sources: AMD plans to raise as much as $5B in what could be the chipmaker's biggest-ever investment-grade bond sale, as it ramps up spending to meet AI demand (Brian W Smith/Bloomberg)
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DeepSeek raises prices, adding dynamic pricing, ahead of a potential IPO; V4-Flash output tokens go from $0.28/1M to $1.32 during peak hours and $0.66 off-peak (Saritha Rai/Bloomberg)
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Databricks closed a $5B funding round at a $190B valuation, six months after raising $5B at a $134B valuation, and says it has crossed $7B in revenue run rate (Samantha Subin/CNBC)
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Microsoft begins merging its consumer and commercial Copilot apps into a single app, with a mobile and web rollout in mid-August and desktop in mid-September (Todd Bishop/GeekWire)
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Flock CEO Garrett Langley acknowledges the startup "got this one wrong" and says Flock is assuming greater responsibility for how law enforcement uses its tech (Lauren Feiner/The Verge)
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Inside SK Hynix's $720B Yongin Cluster, which it says will be the world's largest network of memory factories and is set to go into production in February 2027 (Katie Tarasov/CNBC)
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Flock says it will now require US law enforcement to label every license plate search with a criminal case number, after a WaPo investigation into police misuse (Washington Post)
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Didi reports Q2 revenue up 11% YoY to ~$9.3B, a ~$128M net income after two consecutive quarterly losses, and China mobility transaction value up 9% to ~$13.4B (Luz Ding/Bloomberg)
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Accelerant, which uses data analytics to connect insurance underwriters with risk capital partners, agrees to go private with Thoma Bravo in a $4.4B deal (Katherine Hamilton/Wall Street Journal)
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JD.com reports Q2 revenue down 2.9% YoY to ~$51.4B and net income of ~$1.1B, above ~$964M est., driven by JD Retail profitability and narrowing food losses (Luz Ding/Bloomberg)
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SMIC reports Q2 revenue up 36% YoY to ~$3B, net profit up 3x+ to ~$479.2M, above ~$283.1M est., and a 25.3% gross margin, driven by strong mature-node orders (Sherry Qin/Wall Street Journal)
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Filings and sources: Microsoft closed 15+ branch offices and joint ventures in China over the past five years, amid China pushing domestic software since 2017 (Reuters)
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CXMT overtakes Tencent to become the most valuable Chinese company, with a ~$524B market cap, above Tencent's ~$510B; CXMT's Shanghai shares jumped 460%+ at IPO (Bloomberg)