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Letter: Starboard has taken a significant stake in observability company Dynatrace and is pushing for changes to boost the stock; DT jumps 7%+ after hours (Lauren Thomas/Wall Street Journal)
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As "nudify" tools proliferate, unleashing a new form of bullying among kids, parents and schools are struggling to protect young victims from AI deepfakes (Wall Street Journal)
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Rylo, which develops real-time speech and sign-language translation tools for deaf and hard-of-hearing users, raised $85M led by General Catalyst and Canaan (Sophie Shulman/CTech)
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Sundar Pichai faced a walkout at his Stanford commencement speech, as 100+ students left amid chants of "Free, free Palestine" over Google's ties with Israel (Zain Khan/New York Post)
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Sandstone, which builds AI-powered workflow automation tools for legal teams at small and mid-sized businesses, raised a $30M Series A led by Lightspeed (Russell Brandom/TechCrunch)
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Sources: Frank founder Charlie Javice, sentenced in September 2025 to 85 months for defrauding JPMorgan Chase, has been seeking a presidential pardon from Trump (Wall Street Journal)
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A profile of Kalshi COO Luana Lopes Lara, who has overseen a tremendous pace of growth over the past year as the company faces political and regulatory backlash (Emily Nicolle/Bloomberg)
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Chinese Tesla drivers are using tiny plastic heads to fool Tesla's distracted-driving controls, which appear unable to distinguish figurines from real people (Zeyi Yang/Wired)
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Sources: UK plans to announce an "Australia plus" under-16 social media ban, including restrictions on chats with strangers on gaming apps and under-18 curfews (The Guardian)
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US export controls on Anthropic reignite debate in India over the country's AI ambitions, which are increasingly tied to tech developed and governed in the US (Jagmeet Singh/TechCrunch)
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Q&A with labor researcher Molly Kinder on her recent, widely discussed "Messy Middle" essay on AI-driven disruption of knowledge jobs and how to address it (Casey Newton/Platformer)
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How the AI boom is revolutionizing US stock markets, as hyperscalers cut buybacks and boost capex, including Alphabet's planned ~$85B in equity offerings for AI (Robert Armstrong/Financial Times)
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Source: the White House imposed export controls on Mythos partly over suspicions a China-linked group had accessed it (Reed Albergotti/Semafor)
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US barring foreign nationals, including Anthropic staffers in the US, from using Fable 5 and Mythos 5 marks a new phase in the US trying to control Anthropic (New York Times)
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Anthropic says it believes the US government's export control order for Mythos 5 and Fable 5 is a "misunderstanding" and that it is working to restore access (Ananya Palyekar/Reuters)
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A Ukrainian extradited from Ireland to the US pleads guilty to conspiracy to commit wire fraud for his role in Conti ransomware attacks between 2021 and 2022 (Lawrence Abrams/BleepingComputer)
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Anthropic says it is disabling Fable 5 and Mythos 5 for all customers after the US government issued an export control order, citing national security concerns (Anthropic)
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Crypto-data provider Blockworks says it has acquired its rival Messari; source: Blockworks paid more than $10M for Messari, which was valued at $300M in 2022 (Vicky Ge Huang/Wall Street Journal)
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How Chinese manufacturers are dominating the humanoid robot supply chain, even as the industry struggles to find a purpose for such robots (New York Times)
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Infineon plans to open a €5B chip factory in Germany backed by EU subsidies, its largest single investment, on July 2 as Europe seeks to boost chip production (Christina Kyriasoglou/Bloomberg)
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Zelle owner EWS says it plans to expand the payment service to India later this year, its first international market, and create its own USD-backed stablecoin (Associated Press)
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Xiaomi releases MiMo Code V0.1.0, an open-source AI coding assistant that it says outperforms Claude Code on agentic coding and software engineering benchmarks (Carl Franzen/VentureBeat)
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Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor (Wall Street Journal)
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Jeff Bezos' Prometheus, which is building AI models for physical tasks, raised a $12B Series B at a $41B valuation, following a $6.2B Series A (Dan Primack/Axios)
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Sources: SpaceX's IPO has attracted $70B+ in orders from retail investors, who are expected to be allocated at least 20% of the available shares (Bloomberg)
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Alibaba stock fell ~6.5% and JD.com fell ~6% after China reprimanded e-commerce players over alleged false advertising during the "618" annual shopping festival (Bloomberg)
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Sen. Maggie Hassan's report: Spotify removed 3,500 podcast accounts and 57,000 episodes promoting illegal online pharmacies between May and November 2025 (Clare Duffy/CNN)
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Hungary plans to decriminalize crypto trading in a reversal of restrictions, which prompted Revolut and others to suspend services, under former PM Viktor Orban (Zoltan Simon/Bloomberg)
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Deezer launches an AI music detection tool for users of 20 services, including Spotify and Apple Music, after no company licensed its AI detection tech (Terrence O'Brien/The Verge)
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YouTube rolls out a new in-app messaging system for sharing videos and having 1:1 conversations; it discontinued its previous Messages feature in 2019 (Abner Li/9to5Google)
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Anthropic releases two policy proposals on how governments should address catastrophic risks and manage labor market disruption from advanced AI systems (Anthropic)
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Cybersecurity researchers complain that Claude Fable's guardrails are too strict, rejecting "innocuous tasks" like reading blog posts or performing code reviews (Lorenzo Franceschi-Bicchierai/TechCrunch)
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Anthropic secretly limiting Claude's usefulness for LLM development strengthens the argument that Anthropic is using AI safety to justify monopolistic behavior (Dean W. Ball/@deanwball)
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Dario Amodei says he doesn't know what role Claude played in a missile strike on an Iranian school, and its use in this instance didn't violate Anthropic's ToS (Bloomberg)
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Sources: Germany's Neura Robotics, which builds AI-powered humanoid robots, raised $1.4B from Tether, Qualcomm, Amazon, Nvidia, and others at a ~$7B valuation (Financial Times)
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Sixteen economists on what AI will mean for the US economy, workers, and workplaces: AI will boost productivity in the near term, but only two expect more jobs (Wall Street Journal)
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Edge Markets, which provides banking tools for gambling and prediction markets, including real-time payments on Kalshi, raised a $29.2M Series A led by CoinFund (Davis Giangiulio/CNBC)
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The EU warns that AI-boosted chemical synthesis is helping European drug gangs develop new "designer" drug precursors that evade existing product blacklists (Michael Peel/Financial Times)
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Seattle City Council votes 9-0 to enact a one-year moratorium on new large data centers and study their impact; Mayor Katie Wilson is expected to sign the bill (Greg Kim/The Seattle Times)
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Vinyl Equity, an SEC-registered transfer agent that has launched a payments platform earlier this year, raised a $20M Series A led by Jump Capital (Ryan Lawler/Axios)
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New York-based Standard Bots, which wants to make AI-powered robotic arms in the US, raised $200M led by General Catalyst and Robostrategy at a $1B valuation (Bloomberg)
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The EU says Apple decided not to roll out Siri AI in the EU after it had unsuccessfully requested to be exempted from interoperability obligations for the tool (Inti Landauro/Reuters)
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Finland-based Iceye, whose small satellites help countries with real-time location monitoring, raised a €1B Series F led by General Atlantic at a €10B valuation (Ingrid Lunden/Resilience Media)
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The US FCC waives its deadline for Amazon to deploy half of its Leo satellites by July; Amazon is still required to launch all 3,232 satellites by July 30, 2029 (Michael Kan/PCMag)
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FTX co-founder Sam Bankman-Fried formally applies for a presidential pardon; he was sentenced to 25 years in prison in 2024, following the FTX collapse (Bloomberg)
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Meta says it's filing a federal court contempt order against NSO for violating a permanent injunction that barred NSO from ever targeting WhatsApp and its users (Jaspreet Singh/Reuters)
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Xbox EVP Matt Booty clarifies Microsoft's new exclusivity strategy, saying new games will be reviewed case-by-case and multiplayer games will stay multiplatform (Eddie Makuch/GameSpot)
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Microsoft says it will tighten human rights controls when working with national security agencies after an inquiry found Israel's Unit 8200 violated its ToS (The Guardian)
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Fusion energy startup Helion raised a $465M Series G led by Thrive Capital at a $15.5B valuation, nearly tripling the valuation from its January 2025 round (Tim De Chant/TechCrunch)
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