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Mark Gurman / Bloomberg: Sources: Ruoming Pang, head of the foundation models team at Apple, is leaving to join Meta, which offered a package worth tens of millions of dollars per year — Ruoming Pang, a distinguished engineer and manager in charge of the company's Apple foundation models team, is departing, according to people with knowledge of the matter.
Emanuel Maiberg / 404 Media: A look at various responses to AI firms' scraping, like open source Anubis that uses cryptographic JavaScript challenges, Cloudflare's “link mazes”, and more — For someone who says she is fighting AI bot scrapers just in her free time, Xe Iaso seems to be putting up an impressive fight.
Sarah Perez / TechCrunch: In iOS 26 beta 3, Apple dials back the degree of transparency in many UI elements, following user complaints about Liquid Glass — The iPhone's new glassy look has been toned down with Monday's release of the third developer beta of iOS 26. This follows user complaints that the update …
Sean Hollister / The Verge: Epic reaches a settlement with Samsung, which it sued over allegedly conspiring with Google to undermine third party app stores — Epic isn't saying what it got out of Samsung. … An “Auto Blocker” feature on Samsung Android phones, which was turned on by default, automatically kept users …
MacKenzie Sigalos / CNBC: Jack Dorsey shares TestFlight and GitHub links to his “weekend project”, Bitchat, a decentralized P2P messaging iOS app that relies on Bluetooth mesh networks — Block CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely …
Kevin Breuninger / CNBC: Trump announces 25% tariffs on Japan, South Korea, and Malaysia, 32% for Indonesia, 36% for Cambodia and Thailand, 40% for Laos and Myanmar, starting August 1 — At least 14 countries' imports are set to face steep blanket tariffs starting Aug. 1, President Donald Trump revealed Monday.
Sri Muppidi / The Information: OpenAI told investors stock compensation jumped over 5x last year to $4.4B, or 119% of total revenue for that period but expects it to drop to under 10% by 2030 — OpenAI has signaled it will hike pay for some employees in the wake of a raid by Meta Platforms on its artificial intelligence researchers.
Dan Primack / Axios: PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media — Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.
Dana Wollman / Bloomberg: CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity — The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.
Zac Bowden / Windows Central: Stat Counter: Windows 11 had a 50.9% share of the Windows market on July 4, ahead of Windows 10's 46.2%; the OS, released in 2021, only had a <10% share in 2022 — After four years on the market, Windows 11 has finally surpassed Windows 10 to become the most dominant desktop OS platform in the world.
Bloomberg: Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from key rivals, after a GitHub group debated its origins — The Pangu Pro MoE is the world's first model of its kind to be trained on Ascend chips — Huawei's answer to Nvidia Corp.'s AI accelerators …
Kieran Smith / Financial Times: Experts say ransomware group DragonForce, which targeted M&S, Harrods, and the Co-op, started a turf war with rival RansomHub that may bring more company hacks — A clash between rival criminal ransomware groups could result in corporate victims being extorted twice, cyber experts warn
Dominic-Madori Davis / TechCrunch: An analysis of Crunchbase and PitchBook data: in 2025 so far, 36+ tech startups hit a $1B+ valuation, including seven in June, six in May, and four in April — With AI igniting an investor frenzy, every month, more startups obtain unicorn status. — Using data from Crunchbase and PitchBook …
Juli Clover / MacRumors: Apple appeals the EU's €500M DMA fine, levied in April 2025 over its App Store steering rules, claiming the decision goes “far beyond what the law requires” — Apple is appealing the 500 million euro ($570 million) fine that it is facing in the European Union for allegedly violating the Digital Markets Act.
Bloomberg: Paris-based Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients — The French group said it will take over the US-listed firm for $76.50 per share, a premium of about 28% to WNS's average price over the past 90 days.
Myles Miller / Bloomberg: A look at the US Secret Service's GIOC, which sources say helped seize ~$400M in digital assets over the past decade through crypto scam investigations globally — The scam began with a message, then a friendly exchange. A stranger directed the victim to a cryptocurrency investment site …
Mishal Husain / Bloomberg: Q&A with British Library CEO Rebecca Lawrence on dealing with the aftermath of a major October 2023 cyberattack, AI scraping, AI for text analysis, and more — Are you reading books — physical books — as much as you used to? — Few of us are, and it made me wonder about the path ahead for national libraries.
Lila Shroff / The Atlantic: Gemini referencing real-life moments when prompted to write a birthday letter shows how effectively Google is leveraging user data to craft personalized content — Google is ushering in an era of custom chatbots. — In May, I asked Google's chatbot, Gemini, to write a birthday letter to my best friend.
Verne Kopytoff / Fortune: Former Google staffers and others detail why Google's 2013 effort to build Motorola smartphones in Texas failed, as Trump pushes Apple to make iPhones in the US — Equivalent in size to nearly eight football fields, the plant began producing the Google Motorola phones in the summer of 2013.
The Information: Sources: TikTok plans to launch a new version of its app in the US on September 5, ahead of the Sept. 17 deadline for the US to enforce the divest-or-ban law — TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors.
Belle Lin / Wall Street Journal: The GSA says Oracle is giving the US government a 75% discount on its license-based software and a “substantial” discount on its cloud service through November — The deal could help increase adoption of the tech giant's cloud platform throughout the federal government
New York Times: Adalytics finds 9,000+ pirated movies, including summer blockbusters, TV shows, and live sports on YouTube, amassing a collective 250M+ views from July to May — More than a decade after the platform cracked down on copyright infringement, thousands of unlicensed movies, TV shows and live sports are available.
Ian Bogost / The Atlantic: Velvet Sundown, an AI‑created band with ~850,000 monthly Spotify listeners and two recent albums, shows how some listeners are turning to anodyne AI music — “ Rubber burns, the map fades away / Chasing the ghosts of yesterday.” Sure, fine. — The traffic receded as Chicago withdrew …
The Block: DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services — - Major protocols like PancakeSwap have emerged as fee-generating leaders, accumulating $275 million in fees through …
Louis Ashworth / Financial Times: A profile of Steam developer Valve, which has a flat corporate structure and high profit per head; Ampere: Steam hit 170M MAUs in May, versus 153M a year prior — Peering inside one of the tech world's strangest companies — Here at FT Alphaville we love exploring “black hole” companies …
Manish Singh / India Dispatch: How Shein is leveraging its Reliance Retail partnership in its return to India, as fashion now accounts for 27% of India's online sales, up from 16% in 2020 — India's fast-fashion segment grew 30-40% in the year through March — Reliance is making a bold bet on Shein …
SemiAnalysis: A look at DeepSeek's impact on the AI model race and market share landscape, roughly 150 days after DeepSeek R1 shook stock markets and the Western AI world — SemiAnalysis is hiring an analyst in New York City for Core Research, our world class research product for the finance industry.
Richard Waters / Financial Times: PitchBook: VC exits through public listings, acquisitions, and buyouts reached $67.7B in Q2 2025, up from $38.5B a year ago and the strongest showing since 2021 — Figma listing plans might raise hopes of a rise in IPO activity — When design software company Figma revealed its plans …
Robert Frank / CNBC: The One Big Beautiful Bill Act expands Qualified Small Business Stock benefits for VCs, founders, and startup staff, raising tax-free gains from $10M to $15M — The wealthy will likely see a host of new tax breaks in President Donald Trump's “big beautiful bill,” along with permanent extensions …
Wall Street Journal: Analysts estimate AI services within Microsoft Azure generated $11.5B in revenue in the just-ended fiscal year, up 100%+ YoY but only ~4% of Microsoft's revenue — AI has propelled the two companies toward an exclusive club, but Microsoft's path forward is more complicated
Indragie Karunaratne / My Portfolio: A developer details how he shipped Context, a native macOS app that was almost 100% built using Claude Code — I recently shipped Context, a native macOS app for debugging MCP servers. The goal was to build a useful developer tool that feels at home on the platform, powered by Apple's SwiftUI framework.
Catherine Perloff / The Information: Sources: Google told publishers it is hiring new staff to market its ad tech to big advertisers and ad agencies, signaling a renewed focus on publisher ad tech — Google's relations with publishers have suffered lately, as its shift to AI-powered searches has hurt traffic being sent to publishers' web sites.
Shadma Shaikh / MIT Technology Review: A look at India's push to compete in the global AI race, as the country's vast linguistic diversity poses a core challenge to building foundational AI models — In Bengaluru, India, Adithya Kolavi felt a mix of excitement and validation as he watched DeepSeek unleash its disruptive language model on the world earlier this year.
Nikkei Asia: Investigation: preprint research papers on arXiv from 14 academic institutions in eight countries had hidden prompts telling AI tools to give positive reviews — Instructions in preprints from 14 universities highlight controversy on AI in peer review — TOKYO — Research papers …
Marina Temkin / TechCrunch: Cluely says its ARR hit $7M after signing a public company; a startup called Pickle says it built Glass, an open source, free product similar to Cluely — Cluely's revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch.
Lawrence Abrams / BleepingComputer: Source: an ongoing outage at IT giant Ingram Micro is caused by a ransomware attack from SafePay, which has become one of the more active operations of 2025 — An ongoing outage at IT giant Ingram Micro is caused by a SafePay ransomware attack that led to the shutdown of internal systems, BleepingComputer has learned.
MacKenzie Sigalos / CNBC: A look at the annual Ethereum Community Conference, or EthCC, Ethereum's flagship European event, held in Cannes this year to showcase the network's growth — CANNES — Wall Street's new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas …
Debby Wu / Bloomberg: Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations — Revenue totaled NT$1.8 trillion ($62 billion) in the three months to June, largely in line with analysts' expectations, results showed Saturday.
Jesse Coghlan / Cointelegraph: House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act — US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they've dubbed “Crypto Week.”
Rachyl Jones / Semafor: A look at Meta's recent hires for its nascent superintelligence unit, including Pei Sun, who developed two generations of Waymo's perception models — Meta's new hires offer a glimpse into its nascent superintelligence unit, aimed at making the social media company's AI capabilities more competitive with industry leaders.
Olga Kharif / Bloomberg: Over the past year, long-time Bitcoin whales have been selling off their holdings, leading to a reshaping of the market as institutions increase their buying — A silent transfer of control is reshaping the $2.1 trillion Bitcoin market. — A steady stream of sales by long-time whales …
Shaurya Malwa / CoinDesk: Two dormant Bitcoin wallets, each holding 10,000 “Satoshi era” BTC since 2011, transferred the coins to new wallets using a modern, lower-fee address format — All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” …
Shirin Ghaffary / Bloomberg: The term “superintelligence” is becoming increasingly popular among AI leaders, even as many in the industry question whether it is ill-defined and overhyped — A new AI buzzword is picking up speed in Silicon Valley. — But first.... AGI inflation
RT Watson / The Block: Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M — - Bitkfraft Ventures and Brevan Howard Digital co-led a $30.5 million funding round in Distinct Possibility Studios, the new gaming firm from EverQuest co-creator John Smedley.
Kate Park / TechCrunch: Tailor, which offers a headless ERP system for retail businesses that separates the front end and back end, raised a $22M Series A from ANRI, NEA, YC, others — Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round.
KBKG: President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years — Today, the House passed the Senate's version of the “One Big Beautiful Bill Act” (OBBBA), marking a significant overhaul to federal tax policy.
Joshua Nevett / BBC: UK minister instructs the Turing AI institute, which has lately focused on responsible AI and ethics, to prioritize national security and defense instead — Science and Technology Secretary Peter Kyle has written to the UK's national institute for artificial intelligence (AI) to tell its bosses to refocus on defence and security.
Murad Hemmadi / The Logic: Sources: Nvidia's deal to buy CentML, which offers tools to optimize the running of AI models on chips, could exceed $400M; CentML raised a $27M seed in 2023 — TORONTO — Nvidia's deal to acquire Canadian AI startup CentML could exceed US$400 million in value, The Logic has learned. — Exclusive
Foo Yun Chee / Reuters: Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews — Alphabet's (GOOGL.O) Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers …
Salvador Rodriguez / CNBC: Sam Altman says he believes in “techno-capitalism” and is “politically homeless” as Democrats no longer encourage a “culture of innovation and entrepreneurship” — OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” …
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