TechCrunch Top 3

Figma acquires team behind a vibe-coding app: The Y Combinator-backed company started a vibe-coding platform and later built an agent-creation product. Read More

Netflix dabbles in shorter video content with its new set of publisher deals with Variety, others: Netflix is bringing 2- to 20-minute videos to its platform through new partnerships with digital publishers, including Rolling Stone and Variety. Read More

Hacked, leaked, and held for ransom: The worst breaches of 2026 so far: From a massive DOGE data breach and the hacking of critical energy and water systems to the hack of an FBI surveillance system, here are the most damaging security incidents and data breaches of 2026. Read More

A message from Ai4

America’s Largest AI Conference Returns to Las Vegas

Join 12000+ attendees at Ai4 2026, America’s largest AI conference. Discover the strategic insights and use cases driving real business impact. Hear from industry pioneers like Geoffrey Hinton, Fei-Fei Li, and Andrew Ng, explore 400+ exhibits, & network with peers in Las Vegas, Aug 4-6. Final call to register now and save $600+ before Aug 2.

Afternoon Must-Reads

Discord admits AI moderation bug wrongfully banned users over harmless images: The company confirmed that the issue had been affecting accounts since May, with an additional 200 users banned over the weekend before its team identified and fixed the problem. Read More

This startup pits dealerships against each other to bid on your used car: Bidbus, which lets dealerships bid on used cars, has raised $15 million in a Series A round that was led by early-stage mobility fund Ibex Investors. Read More

Microsoft joins AI cost-cutting trend by relying more on its own models: Microsoft is the latest Silicon Valley giant to cut back on its AI spending. Read More

The first American autonomous ground vehicles are fighting in Ukraine: Forterra has deployed more than 100 of its self-driving ATVs in conflict zones in Ukraine. Read More

Claude Cowork expands to mobile and web: With this update, users can start a task from their desk, get status updates on their phone, and pick up the finished output later — even if their laptop is closed. Read More

Last but Not Least

AI law startup Norm raises $120M, hits unicorn valuation: AI law startup Norm has raised a $120 million Series C round led by Khosla Ventures, valuing the startup at $1.2 billion. Read More