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<!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">Apple says COO Jeff Williams will retire later this year, and Sabih Khan, Apple's SVP of Operations, will take over much of his role later this month</span><!--<![endif]-->
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3e8c5c964d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Generate videos with Veo 3 in Google Gemini</a></span>
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<span style="color:#455;font-weight:bold;">Tomorrow's events: </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=396a10299b&e=06cea4a9e4" style="text-decoration: none;color: #004860;">RAISE Summit (day 2)</a>, </span>
<span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=54d70b1933&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Samsung Galaxy Unpacked media event</a></span>
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top news
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_story first_in_section big_story">
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fa4c281d3a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple says COO Jeff Williams will retire later this year, and Sabih Khan, Apple's SVP of Operations, will take over much of his role later this month</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Mark Gurman / </span><span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">Apple Inc. Chief Operating Officer Jeff Williams is retiring as the company's longtime No. 2 … </span>
<span class="cite">(Mark Gurman / Bloomberg)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e66cfa285e&e=06cea4a9e4" style="text-decoration: none;color: black;">@bzamayo:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=acc73cba41&e=06cea4a9e4" style="text-decoration: none;color: black;">I like how the press release says this succession is long planned, and yet they aren't ready to say who is taking over Apple Watch and Health initiatives. Also, Cook (himself set to retire in the foreseeable future) has so many direct reports now lol.</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ab99c4b42d&e=06cea4a9e4" style="text-decoration: none;color: black;">@markgurman:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2f14ef49ee&e=06cea4a9e4" style="text-decoration: none;color: black;">As I reported a year ago, hardware engineering chief John Ternus is primed to be the next CEO of Apple when Tim Cook eventually retires. </a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=02ca816100&e=06cea4a9e4" style="text-decoration: none;color: black;">@gartenberg:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=dbc9e5a784&e=06cea4a9e4" style="text-decoration: none;color: black;">Safe to say Jeff isn't going to be the next CEO at Apple. Lots of folks in their late 50s early 60s are moving on with a few notables with either more to deliver, more to prove or delusional thinking they have a chance at CEO</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e4a19e728f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple says its design team will report to Tim Cook after Jeff Williams retires; Williams was overseeing the team following Evans Hankey's departure in 2023</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chance Miller / </span><span class="pub_name">9to5Mac</span>)</span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a07b7eb4e0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: an impostor used AI to mimic Marco Rubio's voice and writing style and contacted foreign ministers, a US governor, and a member of Congress</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Washington Post</span>)</span>
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<span class="excerpt">The unknown individual contacted at least five government officials, including three foreign ministers … </span>
<span class="cite">(Washington Post)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ef0d31f88e&e=06cea4a9e4" style="text-decoration: none;color: black;">@nxthompson:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=364b29a898&e=06cea4a9e4" style="text-decoration: none;color: black;">One reason top government officials are supposed to use secure platforms—instead of regular text services—is so that inevitable scams like this are less likely to work. </a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a16a036441&e=06cea4a9e4" style="text-decoration: none;color: black;">@davidaxelrod:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3407af4cb1&e=06cea4a9e4" style="text-decoration: none;color: black;">A Marco Rubio impostor is using AI voice to call high-level officials. It was only a matter of time. This is the new world in which we live and we'd better figure out how to defend against it because of its implications for our democracy and the world. </a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fad14f19e4&e=06cea4a9e4" style="text-decoration: none;color: black;">@mattgertz:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=269254adb5&e=06cea4a9e4" style="text-decoration: none;color: black;">“This is precisely why you shouldn't use Signal or other insecure channels for official government business.” </a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=aa56968bd1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Meta has bought under 3% of Ray-Ban maker EssilorLuxottica, a stake worth ~€3B, and is considering further investment that could build the stake to ~5%</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">Facebook parent Meta acquired just under 3% of Ray-Ban maker EssilorLuxottica … </span>
<span class="cite">(Bloomberg)</span>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=64b6114497&e=06cea4a9e4" style="text-decoration: none;color: black;">@ns123abc:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2185893a32&e=06cea4a9e4" style="text-decoration: none;color: black;">> Meta acquired 3% of EssilorLuxottica > Meta to build investment to 5% > Zucc plans to dominate hardware manufacturing and lock-in retail distribution for ai </a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c8e287c370&e=06cea4a9e4" style="text-decoration: none;color: black;">@andrewcurran_:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c1644c9192&e=06cea4a9e4" style="text-decoration: none;color: black;">If you have listened to a META earnings call in the last year you know how Mark Zuckerberg feels about the glasses; he loves them. He believes smart glasses are the future, and he thinks META's will be so popular that he wants to offer a wide variety of styles. [image]</a>
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<div class="tweet" style="padding: 1px 0;">
<img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;">
<a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=de8762b2ec&e=06cea4a9e4" style="text-decoration: none;color: black;">@fjeronimo:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=983e3d60e4&e=06cea4a9e4" style="text-decoration: none;color: black;">Meta has sold nearly 2.6 million smart glasses in partnership with @EssiLux . With the smart glasses category expected to grow at a CAGR of 47% between 2024 and 2029 (according to IDC), Meta's announcement to invest in EssilorLuxottica is another step forward to continue dominating this growing category.</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=71556c3e94&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: OpenAI overhauled its security, adding biometric checks in its offices and isolating sensitive info, to protect IP such as model weights from espionage</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0f5dd8539c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">After Musk said Grok was improved significantly, Grok wrote numerous antisemitic posts; xAI says it “has taken action to ban hate speech before Grok posts on X”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">NBC News</span>)</span>
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</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5e78ace2a8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=54eeb2847e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Laura Onita / </span><span class="pub_name">Financial Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1155be86a8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A US appeals court blocks the FTC's “click-to-cancel” rule that would have taken effect on July 14, saying it didn't conduct a preliminary cost-benefit analysis</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jody Godoy / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=854ec10a49&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jack Ryan / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8304d47c6e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dominic Preston / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3417cfa0a2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Waymo introduces teen accounts in Phoenix, allowing teenagers aged 14-17 to use its Waymo One ridehailing service alone with parental approval</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Andrew J. Hawkins / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=55b8b827c4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: Activision pulled Call of Duty: WWII after hackers exploited a flaw in a PC version, which led to some players getting their computers hacked</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Lorenzo Franceschi-Bicchierai / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
artificial intelligence
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1f3e920687&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Internal Slack message: OpenAI has hired four high-profile engineers from Tesla, xAI, and Meta, including David Lau, former VP of software engineering at Tesla</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wired</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ebdfcf7795&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Natasha Singer / </span><span class="pub_name">New York Times</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c578781198&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Replit announces a partnership with Microsoft to make its platform available in the Azure Marketplace and integrate its tech with some Microsoft cloud services</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Julie Bort / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7ea1761e4e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Moonvalley debuts Marey, its licensed AI video model, for $14.99, $34.99, or $149.99 per month; ~80% of its footage is from independent filmmakers and agencies</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Andrew R. Chow / </span><span class="pub_name">Time</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
social networks
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=289f331ded&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bluesky rolls out Activity Notifications, letting users get push notifications about new posts and replies from specific accounts, as it doubles down on sports</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Richard Lawler / </span><span class="pub_name">The Verge</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e45d85b326&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">X says India ordered it to block 2,355 accounts, including two from Reuters, on July 3, but then told X to unblock the Reuters accounts after a “public outcry”</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Swati Gupta / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
M&A
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d4f6640ad7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">GlobalFoundries agrees to acquire MIPS, a developer of RISC-V-based solutions and IP, with the deal expected to close in H2 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anton Shilov / </span><span class="pub_name">Tom's Hardware</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cdd3cd89e9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The data industry is consolidating, with Databricks acquiring Neon for $1B and Salesforce acquiring Informatica for $8B, as companies want quality data for AI</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Rebecca Szkutak / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
funding deals
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9fecf97d1d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Mistral AI is in talks to raise as much as $1B in equity from several investors including Abu Dhabi's MGX; it has raised €1B+ since its 2023 founding</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ed0890fe46&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Dubai-based Xpanceo, which is developing smart contact lenses with night vision, health monitoring, and more, raised a $250M Series A at a $1.35B valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Alexander Sazonov / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=90f256cb8a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Benoit Berthelot / </span><span class="pub_name">Bloomberg</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c45e584f98&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tage Kene-Okafor / </span><span class="pub_name">TechCrunch</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d6909fb6d3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">AirGarage, whose platform analyzes parking facilities' data to improve efficiency, raised a $23M Series B led by Headline, bringing its total funding to $41M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chris Metinko / </span><span class="pub_name">Axios</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b5b2d924b9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Arago, which is developing a photonic chip, codenamed JEF, that is designed to cut AI energy use by ten times at a comparable cost, raised a $26M seed</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tamara Djurickovic / </span><span class="pub_name">Tech.eu</span>)</span>
</td>
</tr>
</table>
</div>
</div>
<div class="section" style="margin-top: 12px;">
<div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;">
more news
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ec500c507f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">ReserveOne, a cryptocurrency holding company with bitcoin, ethereum, and Solana, plans to list on the Nasdaq through a SPAC deal expected to raise $1B+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Niket Nishant / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
<table class="leading_item" style="border-collapse: collapse;">
<tr>
<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=be08ed81ff&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Stephen Nellis / </span><span class="pub_name">Reuters</span>)</span>
</td>
</tr>
</table>
</div>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=080ff75bfe&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Protecting your Cloud Applications Data</a></span>
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<a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ab7203049e&e=06cea4a9e4" style="text-decoration: none;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1589d1ca32&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Spencer Soper / </span><span class="pub_name">Bloomberg</span>)</span>
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<table class="leading_item" style="border-collapse: collapse;">
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<td style="padding:5px 10px 0;">
<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=175e0ff151&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ananya Bhattacharya / </span><span class="pub_name">Rest of World</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=745fab2276&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Global VC funding reached $91B in Q2 2025, up from $82B in Q2 2024, driven largely by AI investments, but down from $114B in Q1 2025, the highest since Q3 2022</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Gené Teare / </span><span class="pub_name">Crunchbase News</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9ddd9bd2a9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Private stock investment platform Linqto files for bankruptcy, citing SEC and DOJ probes and an internal probe that found users didn't own shares they bought</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span>
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