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Petco’s security lapse affected customers’ SSNs, drivers’ licenses and more 

Last week, pet products and services giant Petco confirmed that it experienced a data breach involving customers’ personal information, without specifying what type of data was affected. On Friday, in a legally required filing with Texas’ attorney general’s office, Petco reported that the affected...

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Heat pump startup Quilt raises $20M Series B to expand sales

Quilt, the Redwood City-based, California startup that’s created sleek, customizable heat pumps, has raised $20 million in a Series B round that closed recently. The company previously raised a $33 million Series A, which it announced in April 2024. The new round was led by Energy Impact Partner...

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‘ONE RULE’: Trump says he’ll sign an executive order blocking state AI laws despite bipartisan pushback

President Donald Trump said on Monday he plans to ink an executive order this week that would limit states from enacting their own regulation of AI technology. “I will be doing a ONE RULE Executive Order this week,” Trump posted on social media. “You can’t expect a company to get 50 Approvals...

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Paramount goes to war with Netflix for Warner Bros. Discovery with hostile $108.4B bid

Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery (WBD), days after Warner agreed to be acquired by Netflix for $82.7 billion. Paramount is going straight to WBD’s shareholders with an all-cash offer of $30 per share, and it noted that its offer...

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