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July 8, 2025, 7:45 PM
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Top News

CNBC:
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  —  Apple's chief operating officer, Jeff Williams, will retire later this year, Apple said on Tuesday.  —  Current operations leader Sabih Khan …
Chance Miller / 9to5Mac:
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
NBC News:
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”  —  In some posts, Grok inserted antisemitic remarks into its answers without any clear prompting.
Washington Post:
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  —  The unknown individual contacted at least five government officials, including three foreign ministers, a U.S. governor and a member of Congress, according to a State Department cable.
Bloomberg:
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%  —  Facebook parent Meta acquired just under 3% of Ray-Ban maker EssilorLuxottica, a stake worth around €3 billion …
Natasha Singer / New York Times:
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  —  The American Federation of Teachers said it would use the $23 million, including $500,000 from the A.I. start-up Anthropic, to create a national training center.
Wired:
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  —  The new hires are joining OpenAI's scaling team, according to an internal Slack message sent by cofounder Greg Brockman.
Bluesky: @moonalice.com, @wired.com, and @zoeschiffer.  Threads: @carnage4life
Forums: r/OpenAI and r/artificial
Jody Godoy / Reuters:
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 U.S. appeals court blocked a rule that would have required businesses to make it as easy to cancel subscriptions …
Financial Times:
Sources: OpenAI overhauled its security, adding biometric checks in its offices and isolating sensitive info, to protect IP such as model weights from espionage  —  Artificial intelligence group has added fingerprint scans and hired military experts to protect important data
Financial Times:
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  —  Xu Zewei suspected of links to Beijing-backed group accused by Washington of stealing Covid-19 vaccine secrets
Anton Shilov / Tom's Hardware:
GlobalFoundries agrees to acquire MIPS, a developer of RISC-V-based solutions and IP, with the deal expected to close in H2 2025  —  For an unknown sum.  —  GlobalFoundries announced on Tuesday that it had entered into a definitive agreement to acquire MIPS, a developer of RISC-V-based solutions and IP.
Jack Ryan / Bloomberg:
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  —  Tether Holdings SA, the issuer of the world's largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold …
Niket Nishant / Reuters:
ReserveOne, a cryptocurrency holding company with bitcoin, ethereum, and Solana, plans to list on the Nasdaq through a SPAC deal expected to raise $1B+  —  ReserveOne, a new cryptocurrency holding company with ties to industry veterans and a former U.S. commerce secretary …
Andrew J. Hawkins / The Verge:
Waymo introduces teen accounts in Phoenix, allowing teenagers aged 14-17 to use its Waymo One ridehailing service alone with parental approval  —  The robotaxi company is betting parents will trust its technology enough to allow their kids to ride unaccompanied.
Laura Onita / Financial Times:
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  —  Chair Archie Norman tells parliamentarians retailer believes Dragon Force was criminal gang behind attack

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From Mediagazer

Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

Brian Steinberg / Variety:
Sources: Anderson Cooper has signed a new deal with CNN

More News

Swati Gupta / Bloomberg:
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”

Earlier Picks

Stephen Nellis / Reuters:
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
Richard Lawler / The Verge:
Bluesky rolls out Activity Notifications, letting users get push notifications about new posts and replies from specific accounts, as it doubles down on sports
Spencer Soper / Bloomberg:
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
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