Reuters:
Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins  —  China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins …

Bhavya Sukheja / NDTV:
Mixpanel founder Suhail Doshi calls out Soham Parekh, who he says “works at 3-4 startups at the same time” and has “been preying on YC companies and more”  —  The AI founder shared Soham Parekh's resume, which shows that the techie has worked at Dynamo AI, Union AI …

Gian Volpicelli / Bloomberg:
ASML, Mistral, SAP, and 110+ European companies urge the EU to delay the implementation of its AI Act, saying it puts the bloc's AI ambitions at risk  —  European companies including ASML Holding NV, Airbus SE and Mistral AI have called on the European Union to suspend the implementation …

Eating a hot dog on July Fourth isn’t just traditional. It’s patriotic.  From iconic red, white, and blue rocket pops (hello, Red Dye 40!) to nitrate-loaded hot dogs and the all-day parade of sugary drinks and alcohol, this quintessential American holiday is a celebration of freedom — and, often, dietary chaos. And yet these days, […]

Wall Street Journal:
Ford CEO Jim Farley, Andy Jassy, and other CEOs are now predicting AI will significantly cut white collar jobs, a shift from a reluctance to acknowledge losses  —  Ford chief predicts AI will replace ‘literally half of all white-collar workers’  —  CEOs are no longer dodging the question of whether AI takes jobs.