An AI-powered coding app called Cursor is building a fanbase, with everyone from hobbyists to engineers subscribing to the service. The platform reportedly has 30,000 paying customers, among them employees at OpenAI, Midjourney and Perplexity. Referred to as “the ChatGPT of coding,” Cursor uses popular models including GPT-4o and Claude 3.5 Sonnet to automate building apps and other coding tasks. Cursor was launched by two-year-old startup Anysphere, which has raised more than $60 million in Series A funding led by Andreessen Horowitz and Thrive Capital. Read more

A federal judge has partially blocked a new Texas law by disallowing requirements that social platforms identify minors and filter content for their safety. The Securing Children Online Through Parental Empowerment (SCOPE) Act, signed last year, threatens free speech due to its “monitoring and filtering” requirements the court ruled as the basis for a temporary injunction. Under the law, registered users under 18 will be subject to limited data collection, target advertising bans and parental consent for financial transactions. SCOPE would affect a range of online services, with large social platforms a focus. Read more

Ticketmaster’s dynamic pricing will be investigated, pledged UK Secretary of State for Culture, Media and Sport Lisa Nandy in response to protests by thousands of disappointed fans who failed to secure tickets to the Oasis reunion tour. Fans waiting in online Ticketmaster queues saw prices shoot up by as much as £200 before they were able to make a purchase. Thousands more reportedly couldn’t even access the site to buy tickets, resorting instead to ticket-resale sites in what is being described as the biggest concert debacle since Taylor Swift fans were frustrated by their attempts to use the service to purchase 2023 Eras Tour tickets. Read more

Huawei Technologies Co. continued to grow revenue for the sixth consecutive quarter, tallying $33.6 billion for the period ending in June, a 33.7 percent increase year-over-year. The privately held company releases limited financial information. The net profit margin at the half-year mark was said to be 13.2 percent, equivalent to $7.7 billion. Bloomberg extrapolated that to profit of about $5 billion for the quarter, which represents an 18.6 percent decline over the same period last year when asset sales boosted results. The overall trend saw Huawei and other Chinese smartphone manufacturers continuing to gain ground against Apple. Read more

Musician and tech entrepreneur will.i.am is launching an interactive radio service built around conversational AI. Called RAiDiO.FYI, the service lets listeners talk to artificial intelligence serving as DJs as part of a one-on-one exchange designed as a personalized listening experience. RAiDiO.FYI’s AI DJs are trained to converse about topics ranging from music to sports, weather and breaking news. The new service is an offshoot of the performer’s FYI.AI, a platform of digital tools for artists. Users can access RAiDiO.FYI for free on the FYI app for iPhone and Android. Read more