Evening Scan

Brent crude over $100, new tariffs landing, and markets selling off. The macro backdrop is noisier heading into the weekend than anyone wanted. The tech deal pipeline kept printing anyway.

€890M — Google's fine from the EU for DMA violations, a new record, and still only 0.25% of its revenue. (The Register)

Stripe Is in Talks to Acquire OpenRouter for ~$10B (paywall)

OpenRouter was valued at $1.3B in May — a potential 10-year high for speed-to-valuation, and a signal that control of the model routing layer means real developer leverage. (Wall Street Journal)

Brent Crude Tops $100 as Iran Conflict Drags On (paywall)

Asian stocks fell following a U.S. sell-off tied to soaring oil prices, rising borrowing costs, and fresh tariff anxiety — a rough Friday handoff into the weekend. (NYT)

Google Breaks Alibaba's Record for Europe's Largest DMA Fine

The fine is for surfacing its own properties in search results and burying app store alternatives. At Google's scale, penalties of this size read as a cost of doing business. (The Register)

Patreon Lays Off 20% of Staff, Citing "Profound" Changes in the Creator Economy

93 people out, with the memo citing AI as both the cause of disruption and the implied path forward — a familiar framing that doesn't diminish the impact for those affected. (Variety)