Uber agrees to acquire Delivery Hero in a deal that values the German food delivery company at ~$14.8B, offering €41.50 per share and buying out Prosus' stake (Bloomberg)
TSMC reports Q2 revenue up 36% YoY to ~$39.45B, net income up 77.4% YoY to ~$21.9B, both above est., and says chips 7nm or smaller were 77% of its wafer revenue (Jenny Lee/CNBC)
Court filing: Google says it is ready to add third-party app stores in Google Play in the US on July 22, as Google and Epic withdraw their joint motion (Sean Hollister/The Verge)
China's smartphone shipments fell 4.3% YoY to 66M units in Q2, the fifth consecutive quarter of decline, amid a memory shortage; Huawei and Apple grew shipments (Kiranjeet Kaur/IDC)
Google agrees to buy 100% of the initial output from the Steel River Energy Center's 1.6GW solar project in Arkansas when it becomes operational in 2029 (Martha Muir/Financial Times)
Researchers detail "context bombing", where defenders use prompt injections to trigger guardrails of attackers' LLMs, cutting AI hacking success rates by ~90% (Dan Goodin/Ars Technica)
Munich-based defense tech startup Helsing raised a $1.8B Series E from Dragoneer, Iconiq, and others at an $18B valuation; Germany made a €270M order this year (Mark Bergen/Bloomberg)