Drew Houston steps down as Dropbox CEO after 19 years. Ashraf Alkarmi, a former Vimeo and Amazon executive, takes over a company whose market cap has halved since 2018.

China is extending informal travel restrictions on senior AI researchers from DeepSeek to other private firms, Bloomberg reports, citing state-secret concerns.

Ferrari shares fell 7% in Milan after the Luce reveal drew online mockery and design criticism, wiping GBP 3 billion from market cap despite 1,036 hp and 60 new patents.

DOGE lawyer told staff to limit Cursor contact over gun-jumping antitrust risk, weeks after employees began working side by side ahead of a $60B post-IPO deal.

The Netherlands blocked Kyndryl's EUR 100M acquisition of Solvinity, the DigiD cloud provider, citing public interest risk and CLOUD Act concerns in a first-ever US deal prohibition.

Logistics startup Stord raised $250M at a $3B valuation to expand its 100-warehouse network and deploy AI robotics, helping brands match Amazon's delivery speeds.

Spotify is testing 650 narrated long-form articles from The Atlantic, WIRED, Vogue and others inside the audiobook tier, marking a quiet return to journalism.

Ferrari’s first all-electric car, the Luce, lands at €550,000 with 1,036hp, four motors, a 122kWh battery and a cabin co-designed by Jony Ive’s LoveFrom.

UAE-based SPARQ has opened an $8.5M seed round for its AI-native game engine, with the a16z Scout Fund participating early.

Foreign-brand smartphone shipments to China rose 1.8% YoY in April to 3.59m handsets, a sharp slowdown after a Q1 in which iPhones grew above 40%.

Spain has temporarily blocked Polymarket and Kalshi for operating without a gambling licence, joining a widening European crackdown on US prediction markets.

Felipe Sinisterra and Dave Wang are charging $25,000 a day to train Wall Street banks on AI tools they have already bought. They’re booked out for two months.