AI-generated summary Bank of America downgraded Wix.com to Underperform from Buy, citing rising competition from artificial intelligence coding tools such as Lovable and Cursor. The brokerage cut its price target to $68 from $75 while noting that rapid growth at the AI-powered Base44 platform was masking weaker underlying performance in the core business.
thenextweb.com — Meta and TikTok joined Google in opposing Indonesia’s copyright revisions, which would make platforms pay publishers and set rules for AI.
fortune.com — Exclusive: The company has raised $100 million in Series B funding at a $1.3 billion valuation.
tech.eu — Tano will use the new funding to hire additional engineers and creator strategists, further develop its platform and expand its creator advertising operations.
IEEE Spectrum — Sometimes mechanical buttons and switches are better than fully-automated appliances
The Decoder — US data brokers like Mercor, Surge AI, and AfterQuery are selling roughly half a billion dollars' worth of AI training data to Chinese labs, according to a ChinaTalk investigation. That includes the same RL environments previously built for OpenAI or Anthropic. At least nine firms are involved, and export controls barely apply.
