Evening Scan

Nvidia's earnings dominated the day, but the surrounding moves matter more: enterprise software beat expectations across the board, Microsoft acquired a $12.9B open-source AI hub, and Meta settled a child-safety lawsuit for $18B. Wednesday stayed busy; Thursday will be a washout.

Nvidia closes in on Hugging Face acquisition

$12.9B for the open-source AI hub that basically every model builder depends on — Microsoft reportedly circled too but walked away. (TechCrunch)

Meta settles states' child-safety claims for $18B; Florida rejects deal as "peanuts"

Nearly every state signed on, daily teen time limits are coming to Instagram and Facebook — but child safety groups say the caps still leave plenty of exposure. (Ars Technica)

Salesforce reports Q2 revenue up 11% YoY to $11.35B; CRM jumps 13%+ after hours

Net income nearly doubled and Q3 guidance came in hot — a direct contradiction to the "SaaS is dying" chatter that's been circling all year. (CNBC)

New Twitter launches, says Musk's X gave up the name

A Virginia startup called Operation Bluebird just resurrected the old bird logo, claiming Musk let the trademark lapse — pure chaos, zero stakes, exactly the palate cleanser this week needed. (Ars Technica)