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July 1, 2025, 1:10 PM
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Top News

Maxwell Zeff / TechCrunch:
Cloudflare debuts “Pay per Crawl”, a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default  —  Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace …
Bloomberg:
The Senate votes 99-1 to remove a Trump tax bill provision that would have barred states from regulating AI if they got funding from a $500M broadband program  —  The Senate killed a controversial effort to prevent US states from regulating artificial intelligence, marking a loss …
Avery Lotz / Axios:
Trump says “We might have to put DOGE on Elon”, “DOGE is the monster that might have to go back and eat Elon”, and “We'll have to take a look” at deporting Musk  —  President Trump said Tuesday that DOGE could investigate Elon Musk, the latest indicator …
Krystal Hu / Reuters:
Grammarly acquires email startup Superhuman as part of a push to diversify and build an AI productivity suite; Superhuman was valued at $825M in August 2021  —  Grammarly has acquired email efficiency tool Superhuman as part of the company's push to build an artificial intelligence-powered productivity suite …
Miles Kruppa / The Information:
Morgan Stanley says xAI raised $5B of equity in addition to $5B in debt; the startup raised $6B in December from a16z, BlackRock, Lightspeed, MGX, and others  —  Elon Musk's xAI raised $5 billion of equity in addition to $5 billion in debt, according to Morgan Stanley, which advised on the debt transactions.
Reuters:
Sources: data labeling company Surge AI aims to raise up to $1B, targeting a $15B+ valuation; Surge AI had $1B+ in 2024 revenue, vs. Scale AI's reported $870M  —  Surge AI, a data-labeling firm that competes with Scale AI, has hired advisors to raise as much as $1 billion in the first capital raising …
Jon Brodkin / Ars Technica:
The passed version of the Senate's OBBB has a provision that removes the 6 GHz band's protection from spectrum auctions; Wi-Fi 6E and Wi-Fi 7 use the 6 GHz band  —  Sen. Ted Cruz (R-Texas) has a plan for spectrum auctions that could take frequencies away from Wi-Fi and reallocate them for the exclusive use of wireless carriers.
Sebastian Herrera / Wall Street Journal:
Amazon says it has 1M+ robots in its warehouses, the most it's ever had and near the count of human workers, with ~75% of global deliveries assisted by robotics  —  The e-commerce giant now counts more than one million of the machines at its facilities  —  | Photographs and Videos by Desiree Rios for WSJ
Emma Roth / The Verge:
Threads launches DMs for users aged 18 and older, without support for E2EE, and announces a “highlighter” feature to emphasize trending topics  —  For now, you can only send DMs to your followers on Threads or mutual followers on Instagram. … Threads has officially launched direct messaging for everyone.

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From Mediagazer

Bloomberg:
Canadian billionaire Stephen Smith agrees to buy the entire 26.9% stake in The Economist Group held by Lynn Forester de Rothschild; the terms were not disclosed

Todd Spangler / Variety:
Filing: David Zaslav is set to receive at least $550M in compensation related to the Paramount-WBD deal, including $517.2M in equity in the combined company

Charlotte Tobitt / Press Gazette:
The UK government unveils the Local News Fund, which will distribute up to £12M to local outlets over two years to support innovation and help fill news deserts

More News

Hannah Lang / Reuters:
Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients

Earlier Picks

Alex Riehl / BetaKit:
Canada-based Clio, which makes cloud tools for law firms, agrees to acquire Miami-based vLex, which offers a regulatory database and an AI assistant, for $1B
Kurt Wagner / Bloomberg:
X hires Nikita Bier, the serial entrepreneur who sold polling startup TBH to Facebook and teen-focused social network Gas to Discord, as its new head of product
Jody Godoy / Reuters:
A US judge denies Apple's motion to dismiss the DOJ antitrust lawsuit, filed in March 2024, that accuses Apple of unlawfully dominating the US smartphone market
Mark Gurman / Bloomberg:
Sources: Mike Rockwell and Craig Federighi started a project to evaluate external models to power Siri; after testing, Anthropic's tech seemed most promising
Lorenzo Franceschi-Bicchierai / TechCrunch:
The US takes down a North Korean operation that, from 2021 to 2024, impersonated 80+ people to get remote jobs at 100+ US firms, using “laptop farms” in the US
Benjamin Mayo / 9to5Mac:
Kuo: Apple plans to launch a cheaper, ~13" MacBook powered by iPhone 16 Pro's A18 Pro chip, expected to enter mass production in late Q4 2025 or early Q1 2026
Associated Press:
Canada rescinds the Digital Services Tax targeting US companies, set to go into effect on June 30, “in anticipation of” a US trade deal, as trade talks resume
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