| 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 … | 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.| NBC News: |
After Musk said Grok was improved “significantly”, Grok wrote numerous antisemitic posts, sometimes without any clear prompting; some posts were later deleted — In some posts, Grok inserted antisemitic remarks into its answers without any clear prompting.| 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| 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 … | 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.| 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 … | 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| Bloomberg: |
Sources: Mistral AI is in talks to raise as much as $1B in equity from several investors including Abu Dhabi's MGX; it has raised €1B+ since its 2023 founding — French artificial intelligence startup Mistral AI is in talks to raise as much as $1 billion in equity from several investors … | 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| 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 — International Business Machines (IBM.N) on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient …
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| Swati Gupta / Bloomberg: |
| Richard Lawler / The Verge: |
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| Dominic Preston / The Verge: |