TECH NEWS

Zillow and Redfin settle FTC antitrust case

Zillow and Redfin have reached a settlement with the Federal Trade Commission (FTC) and five states, ending a legal fight over a 2025 partnership that the FTC claimed hurt competition in the rental-listing market. The settlement was announced on Monday, just as the case was scheduled to head toward trial this morning.

The case stems from a deal announced last year in which Redfin agreed to display Zillow’s rental listings on its websites rather than compete directly with Zillow for rental advertisers. The arrangement could have kept Redfin out of the rental advertising business for as long as nine years. Redfin owns Rent.com and ApartmentGuide.com, two major rental-listing platforms.

According to the FTC and attorneys general from Arizona, Connecticut, New York, Virginia, and Washington, Zillow agreed to pay Redfin $100 million to keep Redfin from competing with Zillow.

The companies defended the partnership as a way to give renters access...

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This company wants to stop underwater drones and even submarines with a whole new form of sonar technology

* Ultra Maritime pairs its Sea Spear passive sonar array with the AN/SSQ-125B active sonobuoy at the US Navy's Lanternfish 2026 exercise in a bid to detect underwater drones * While neither sonar type is new, the distributed architecture that links both to Anduril's Seabed Sentry and

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Sources: smart ring maker Oura and some of its backers seek to raise up to $3B in a US IPO that could take place as soon as September and value it at over $16B

Sponsor Posts Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens. Most carriers track everything. Cape doesn't. — Unlimited talk, text &

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Trump bought SpaceX shares two weeks after blockbuster IPO

In Brief 2:24 PM PDT · August 24, 2026 President Donald Trump bought as much as $50,000 worth of SpaceX shares on June 23, according to a financial disclosure first reported by Reuters, two weeks after the record-setting IPO of Elon Musk’s company. It’s not clear what

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The Clock Is Ticking: Grab Your Switch 2 Console Before the September Price Hike

Tech prices have been on the rise for the past few months, and gamers’ wallets have taken a hit. Nintendo recently announced that the cost of its Switch 2 console will jump to $500 starting in September — a $50 increase. However, it’s not too late to pick up one

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This company wants to stop underwater drones and even submarines with a whole new form of sonar technology

Sources: smart ring maker Oura and some of its backers seek to raise up to $3B in a US IPO that could take place as soon as September and value it at over $16B

Trump bought SpaceX shares two weeks after blockbuster IPO

The Clock Is Ticking: Grab Your Switch 2 Console Before the September Price Hike