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X says the Indian government ordered it to block two Reuters accounts on July 3 and demanded immediate action, then told X to unblock them after "public outcry" (Swati Gupta/Bloomberg)
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Moonvalley releases Marey, its fully licensed AI video model, available for $14.99, $34.99, or $149.99/month; 80% of its footage is from independent filmmakers (Andrew R. Chow/Time)
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In Q2 2025, global VC funding reached $91B, up from $82B in Q2 2024, driven largely by AI investments, but down from $114B in Q1 2025, the highest since Q3 2022 (Gené Teare/Crunchbase News)
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France-based chipmaker SiPearl raised a €130M Series A from Taiwan's Cathay Venture and others to develop its ARM-based Rhea1 AI chip, set to feature 80 cores (Benoit Berthelot/Bloomberg)
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IBM unveils Power11, its first major update to the chips since 2020, available from July 25, and says they can detect and respond to ransomware within a minute (Stephen Nellis/Reuters)
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M&S Chair Archie Norman tells UK parliament that M&S used the FBI and UK agencies to combat the May cyberattack and says M&S believes DragonForce was behind it (Laura Onita/Financial Times)
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Bluesky rolls out Activity Notifications, letting users get push notifications about new posts and replies from specific accounts, as it doubles down on sports (Richard Lawler/The Verge)
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As Amazon Prime Day begins, some merchants say they can't afford to offer discounts due to Trump's tariffs; Adobe expects $23.8B in sales across the four days (Spencer Soper/Bloomberg)
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The American Federation of Teachers, the second-largest US teachers' union, says it will open an AI training hub with $23M from Microsoft, OpenAI, and Anthropic (Natasha Singer/New York Times)
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OnePlus launches five products: the midrange €449 Nord 5 smartphone, the €349 Nord CE 5, a smaller €299 Watch 3, the €119 Buds 4, and the €229 Pad Lite tablet (Dominic Preston/The Verge)
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Dubai-based Huspy, which offers proptech tools to home buyers, agents, and brokers, raised a $59M Series B led by Balderton, after a $40M+ Series A in June 2022 (Tage Kene-Okafor/TechCrunch)
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Italy arrests Chinese citizen Xu Zewei; a source says Xu is linked to hacking group Hafnium that breached Microsoft in 2021 to steal COVID-19 vaccine secrets (Financial Times)
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The data industry is consolidating, with Databricks acquiring Neon for $1B and Salesforce acquiring Informatica for $8B, as companies want quality data for AI (Rebecca Szkutak/TechCrunch)
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Sources: OpenAI overhauled its security, adding biometric checks in its offices and isolating sensitive info, to protect IP such as model weights from espionage (Financial Times)
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Meta's WhatsApp Pay has struggled to gain traction in India in part due to regulators delaying its full launch as well as minimal product upgrades and marketing (Ananya Bhattacharya/Rest of World)
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Samsung projects Q2 operating profit down 56% YoY to $3.3B, below $4.5B est., due to struggles in its chip business stemming from the US' China export controls (Reuters)
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An open letter signed by 602 founders, VCs, and more urges Sequoia act after Shaun Maguire said Zohran Mamdani "comes from a culture that lies about everything" (Kate Clark/Bloomberg)
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Quantum computing company IonQ raised $1B via a sale of stock and warrants to Heights Capital Management, an affiliate of Susquehanna International Group (Anthony Hughes/Bloomberg)
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Sources: Ruoming Pang, the head of Apple's foundation models team, is leaving to join Meta, which offered a package worth tens of millions of dollars per year (Mark Gurman/Bloomberg)
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A look at various responses to AI companies' scraping, including open source Anubis that uses cryptographic JavaScript challenges and Cloudflare's "link mazes" (Emanuel Maiberg/404 Media)
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