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July 4, 2025, 7:30 PM
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| KBKG: |
President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years — Today, the House passed the Senate's version of the “One Big Beautiful Bill Act” (OBBBA), marking a significant overhaul to federal tax policy.
More: Axios, Bloomberg, ABC, NBC News, and NewsMax.com
Bluesky: @eva.computer, @unormal, and @ianlandsman.com
| Bloomberg: |
Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products — Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. …
More: The American Bazaar, Neowin, Silicon Republic, implicator.ai, Cryptopolitan, and CNBC
X: @danielgross, @can, @lpolovets, @antimimetics, @distributionat, @matthewberman, @deryatr_, and @marionawfal
Forums: Hacker News and r/OpenAI
| Yuliya Chernova / Wall Street Journal: |
More: eWeek, CTech, SiliconANGLE, and WinBuzzer
| Foo Yun Chee / Reuters: |
Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews — Alphabet's (GOOGL.O) Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers …
More: The Verge, PYMNTS.com, SiliconANGLE, Press Gazette, iPhone in Canada, MarketWatch, Nairametrics, Android Headlines, New York Post, WinBuzzer, Cryptopolitan, The Decoder, and Search Engine Roundtable
Bluesky: @fabiochiusi. Mastodon: @1br0wn@eupolicy.social. LinkedIn: Chris Dicker, Angela Mills Wade, and Alix Dunn
| Nikkei Asia: |
Sources: Samsung is delaying the completion of its Texas fab due to a lack of customers; the plant was meant to come online in 2024, but has been pushed to 2026 — SEOUL/TAIPEI — Samsung Electronics is delaying completion of a semiconductor factory in the U.S. state of Texas …
More: SiliconANGLE, Engadget, SamMobile, Guru3D, Tom's Hardware, and Digit
| Yang Jie / Wall Street Journal: |
Sources: TSMC delays the construction of its second plant in Japan, initially slated for early 2025, to invest in US expansion ahead of potential Trump tariffs — Taiwanese semiconductor maker accelerates investment in Arizona — TOKYO—Taiwan Semiconductor Manufacturing is delaying construction …
More: Reuters, Proactive, Barron's Online, The Information, Morningstar, Inc., and The Economic Times. LinkedIn: Bolaji Ojo
| Brian O'Donovan / RTÉ: |
Meta says it backs proposals for an EU-wide age of digital adulthood, below which minors would need parental consent to use social media, calling it “effective” — Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states.| Foo Yun Chee / Reuters: |
The European Commission says it won't pause the rollout of its AI Act, after Alphabet, Meta, Mistral, ASML, and others urged the EU to delay the rules by years — The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators … | Murad Hemmadi / The Logic: |
Sources: Nvidia's deal to buy CentML, which offers tools to optimize the running of AI models on chips, could exceed $400M; CentML raised a $27M seed in 2023 — TORONTO — Nvidia's deal to acquire Canadian AI startup CentML could exceed US$400 million in value, The Logic has learned. — Exclusive| Salvador Rodriguez / CNBC: |
Sam Altman says he believes in “techno-capitalism” and is “politically homeless” as Democrats no longer encourage a “culture of innovation and entrepreneurship” — OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” …
More: Gizmodo, Business Insider, and Fox Business
Bluesky: @nightwriter, @poticha, @telecom-terrorist.com, @tandasmas, @anildash.com, @gobsmacked, @rachelle82, @marypcbuk, @martinsfp, @andrewmceo, @nagler, @quinnypig.com, @scott.ganyo.com, @carnage4life, @charlesmire, and @tgf6anth
X: @sama, @andyparackal, @gioblaze0069, and @mattyglesias
Forums: r/politics and r/ChatGPT
| Joshua Nevett / BBC: |
UK minister instructs the Turing AI institute, which has lately focused on responsible AI and ethics, to prioritize national security and defense instead — Science and Technology Secretary Peter Kyle has written to the UK's national institute for artificial intelligence (AI) to tell its bosses to refocus on defence and security.| Charlie Savage / New York Times: |
FOIA docs: the Trump administration claimed broad authority to nullify laws in letters to tech firms releasing them of legal liability related to the TikTok ban — In purporting to license otherwise illegal conduct by tech firms, President Trump set a precedent expanding executive power, legal experts warned.
More: 9to5Mac, Engadget, PhoneArena, Wired, The Verge, The Mac Observer, Lawfare, Tech Times, Raw Story, Executive Functions, and Pixel Envy
Bluesky: @justinhendrix, @deanbaker13, @jwmueller-pu, @kimlanelaw, @quinnypig.com, @socialmedialab.ca, @judah-grunstein, @mickiedances, @erichluepke, @reckless, @reckless, @nero-wolfe, @chrisgeidner, @chrisgeidner, @henrythedog, and @texanokie07. Mastodon: @jschauma@mstdn.social
X: @megangra, @speechboy71, @arozenshtein, @ddayen, and @jacklgoldsmith
Forums: Hacker News, r/politics, r/politics, r/law, r/law, r/neoliberal, and r/politics
| Matt Levine / Bloomberg: |
As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets — Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0. — ‘Tokenization’
More: Investopedia, This Week in Fintech, and TheStreet
| Arjun Kharpal / CNBC: |
Counterpoint Research: iPhone sales in China grew 8% YoY in Q2 2025, boosted by discounts, the first time Apple has recorded growth in China since Q2 2023 — Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said …
More: Counterpoint Research, 9to5Mac, iPhone in Canada, The Mac Observer, iClarified, MacRumors, iDrop News, PhoneArena, Apple Must, Moneycontrol, Quartz, Patently Apple, Watcher Guru, AppleInsider, South China Morning Post, Cryptopolitan, Philip Elmer‑DeWitt, Wall Street Pit, Benzinga, Yahoo Finance, MacDailyNews, Counterpoint Research, and MacTech.com
| Gian Volpicelli / Bloomberg: |
Sources: Google plans to propose a price comparison box at the top of search results in the EU, featuring ranked options from competitors, to avoid DMA fines — Under the plan, a box at the top of Google's search results will show ranked options from price-comparison companies' websites …
More: Fox News, Livemint, and Search Engine Roundtable
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