| New York Times: |
WhatsApp rolls out ads in its Updates tab, a first for the app, and Meta will collect some data to target the ads, but says it has no plans to put ads in chats — They will appear in only one part of the Meta-owned messaging service, it said. The move is potentially lucrative, while raising questions about user privacy.| Todd Spangler / Variety: |
The Trump Organization teases the $499 “T1 Phone”, a gold phone “designed and built” in the US, and Trump Mobile, an MVNO that uses AT&T, Verizon, and T-Mobile — President Trump and his family are getting into the wireless business, in partnership with the three major U.S. carriers.| Financial Times: |
Digital asset platform Tron plans to go public via a reverse merger with Nasdaq-listed SRM Entertainment, after the US paused a probe into founder Justin Sun — Deal involving Justin Sun's digital asset venture orchestrated by investment bank linked to Trump's sons| Sergiu Gatlan / BleepingComputer: |
Europol, Germany, and more dismantle Archetyp Market, a darknet drug marketplace active since May 2020 with 612K users processing €250M+ in Monero transactions — Law enforcement authorities from six countries took down the Archetyp Market, an infamous darknet drug marketplace that has been operating since May 2020.| Kurt Wagner / Bloomberg: |
TikTok rolls out new AI ad features as part of its Symphony ad suite, including the ability for marketers to use text or images to generate five-second videos — TikTok is rolling out a set of new artificial intelligence-powered advertising features, including the ability for marketers … | Dade Hayes / Deadline: |
Amazon Ads and Roku sign an ad initiative that will give media buyers access to 80%+ of US connected-TV households, set to launch by Q4 2025, using Amazon's DSP — In a milestone agreement, Amazon Ads and Roku are teaming on a new advertising initiative that will give media buyers access … | Carl Benedikt Frey / Financial Times: |
AI is just another productivity tool and the productivity gains will be limited; for lasting economic expansion, AI must catalyze new industries and initiatives — Economic miracles stem from discovery, not repeating tasks at greater speed — The writer is author of 'How Progress Ends … | Mary Ann Azevedo / Crunchbase News: |
PostHog, which offers dev tools to analyze, test, observe, and deploy new features, raised a $70M Series D led by Stripe at a $920M valuation — On June 9, PostHog, which aims to help developers build “successful products,” quietly announced it had raised $70 million in a Series D funding round led by digital payments giant Stripe.| Oliver Knight / CoinDesk: |
Trump Media and Technology Group files an S-1 with the US SEC to launch a spot Bitcoin and Ethereum ETF, allocating 75% to bitcoin and 25% to ether — The move follows registration for a standalone Truth Social bitcoin ETF earlier this month. — What to know:| Karoline Kan / Bloomberg: |
Chinese state media: researchers implanted a brain-computer interface in a tetraplegia patient in March, making China the second country after the US to do so — China's first clinical trial of a technology that allows signals from the brain to control an external device has proved successful … | Katie Roof / Bloomberg: |
Juniper Square, which offers investment management and fund administration tools for real estate, PE, VC firms, raised $130M led by Ribbit at a $1.1B valuation — The financial technology startup has raised $130 million offering software to private investors.| Dominic Preston / The Verge: |
Patreon plans to consolidate its Pro and Premium plans starting August 5, taking a 10% commission, rather than the current 8% for Pro and 12% for Premium users — You have until August 4th to sign up and lock in the current rates instead. … Patreon has announced an update to its pricing … | Cory Weinberg / The Information: |
Sources: Meta's talks with Scale AI started in mid-April, with Zuckerberg floating a $5B investment in early May, which Alexandr Wang later countered with $20B — The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached … | Monica Alleven / Fierce Network: |
EchoStar's stock jumps 45%+ after a report said EchoStar's chairman met Trump, a day after meeting FCC's Carr; EchoStar faces FCC spectrum license uncertainty — Federal Communications Commission (FCC) EchoStar President Trump Charlie Ergen — Charlie Ergen, the billionaire chairman of EchoStar …
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| Michael Goodier / The Guardian: |