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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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In iOS 26 beta 3, Apple dials back the degree of transparency in many UI elements, following user complaints about its new Liquid Glass design language (Sarah Perez/TechCrunch)
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Epic reaches a settlement with Samsung, which it sued over allegedly conspiring with Google to undermine third party app stores (Sean Hollister/The Verge)
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Jack Dorsey shares TestFlight and GitHub links to his "weekend project", Bitchat, a decentralized P2P messaging iOS app that relies on Bluetooth mesh networks (MacKenzie Sigalos/CNBC)
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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 (Kevin Breuninger/CNBC)
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Document: OpenAI told investors stock compensation jumped over 5x in 2024 to $4.4B, or 119% of its total revenue, but expects it to drop to under 10% by 2030 (Sri Muppidi/The Information)
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Private equity firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media (Dan Primack/Axios)
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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 (Dana Wollman/Bloomberg)
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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 (Zac Bowden/Windows Central)
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