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July 7, 2026, 12:10 AM
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| Bloomberg: |
Microsoft's Xbox unit plans to cut 3,200 jobs over the next year, including 1,600 on Monday, and divest up to five studios, including Ninja Theory, in a “reset” — Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold.
More: XBOX Wire, IGN, Game File, The Verge, Kotaku, Aftermath, Kotaku, Reuters, GamesIndustry.biz, Polygon.com, Forbes, The Information, CNET, Rock, Paper, Shotgun, PC Gamer, Game Developer, Double Fine, Business Insider, GeekWire, Pure Xbox, Comic Book, The Hollywood Reporter, Blaze Media, Windows Central, Washington Post, Push Square, GamesRadar, UPI, Fast Company, Cord Cutters News, Fortune, Rogue, T3, ScreenRant, Los Angeles Times, Aftermath, Phandroid, TBPN, MarketWatch, Capital Brief, ByteHaven, TheGamer, Aftermath, iPhone in Canada, CNN, The Verge, Business Today, The Movie Blog, Ars Technica, DayOne, KFTC-TV, PCWorld, Tom's Hardware, The Next Web, BBC, Mashable, Yahoo Finance, This Week in Videogames, Digit, The Tech Portal, Associated Press, 80 Level, TechRadar, MobileSyrup, Dexerto, Game Sandwich, GamesBeat, Digital Trends, 9to5Toys, PocketGamer.biz, and Yahoo Tech
X: @asha_shar, @doublefine, @compulsiongames, @daviddoel, @stealth40k, @stephentotilo, @g27status, @knoebelbroet, @paultassi, @zacbowden, @eric_seufert, @bdsams, @eric_seufert, @ethanrothamel, @rohankarmoon, @carygolomb, @stephentotilo, @mikedrucker, @dotodoya, @wario64, @thetranscript_, @stephentotilo, @dansgaming, and @welfare_jbp
LinkedIn: Dan Rayburn, Liam McDonald, and Sam Carlisle
Bluesky: @jasonschreier, @bethesdaunion, @jasonschreier, @seanhollister, @jasonschreier, @sphynxian, @bethesdaunion, @bethesdaunion, @spacetwinks, @zeboydgames, @jasonschreier, @dringo, @mattmday, and @jasonschreier. Threads: @eric_seufert
Forums: r/digitalfoundry, r/theouterworlds, r/pcmasterrace, r/Fallout, r/rpg_gamers, r/starcraft2, r/projecteternity, r/Overwatch, r/Minecraft, r/PS5, r/pcgaming, r/heroesofthestorm, r/avowed, r/diablo4, r/StateOfDecay, r/Overwatch, r/TwoBestFriendsPlay, r/DOUBLEFINE, r/kindafunny, r/Asmongold, r/france, r/wow, r/gaming, r/Games, r/gamingnews, r/NoSodiumStarfield, r/XboxGamePass, r/LastStandMedia, r/Steam, r/gamernews, r/dishonored, r/videogames, r/GearsOfWar, r/PS5, r/StateofDecay2, r/StateOfDecay, r/consoles, r/TwoBestFriendsPlay, r/ImmersiveSim, r/StateofDecay3, r/videogames, r/xbox, and r/Games
| Tom Warren / The Verge: |
Microsoft is laying off ~4,800 employees, or ~2.1% of its workforce; most are in sales or Xbox, where ~20% of jobs are set to be cut by the end of FY 2027 — Most of the job losses are in Microsoft's Xbox and commercial sales organizations. … A year after cutting around 9,100 employees …
More: Microsoft, CNBC, Business Insider, Information Age, TechCrunch, Gizmodo, Financial Times, Reuters, The Indian Express, Blockonomi, The Register, ABC News, Windows Central, Benzinga, The Daily Caller, CBC News, Deadline, New York Post, Axios, PYMNTS, San Francisco Chronicle, Seattle Business Journal, Fast Company, Inc.com, Euronews, The Economic Times, MediaPost, DatacenterDynamics, Sky News, Digit, @theweek, Newser, The Stack, This Week in Videogames, The Wrap, Proactive, RTÉ, Moneycontrol, Thurrott, Variety, Windows Central, and Business Insider
X: @johnwilson and @caro_milanesi
Bluesky: @carnage4life, @edzitron.com, and @tomwarren.co.uk
Forums: r/LinusTechTips, r/technology, r/csMajors, r/business, r/economy, r/Seattle, r/FluentInFinance, r/gamingnews, r/videogames, r/Layoffs, r/news, r/pcgaming, r/gaming, r/Games, r/xbox, and Slashdot
| Sam Smith / GamesBeat: |
Xbox appoints Helen Chiang as its first COO; Chiang was previously corporate vice president for the Minecraft Franchise and the studio head of Minecraft — Xbox has confirmed that Helen Chiang has been promoted to the role of new chief operating officer in the wake of structural changes at Microsoft.
More: Windows Central, GamingBolt, and WinCentral
| Ben Fritz / Wall Street Journal: |
Source: Xbox Game Pass currently has about 30M subscriptions; document: Microsoft had projected Game Pass subscriptions would reach around 77M this year — The videogame unit's revenue has fallen and its Netflix-like subscription service is far below expectations
More: Thurrott, New York Times, Livemint, ScreenRant, Kotaku, Bisnow, Polygon.com, Comic Book, Windows Central, ZeroHedge News, Push Square, Tech4Gamers, and PCMag
Forums: r/gaming and r/LastStandMedia
| Reuters: |
Samsung estimates Q2 operating profit of ~$58.44B, a 19-fold jump from a year earlier and above a ~$57.02B estimate, and revenue up 129% YoY to ~$111.7B — Samsung Electronics (005930.KS) on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, as AI-driven demand continued to lift memory chip prices.
More: Nikkei Asia, Samsung Newsroom, SiliconANGLE, Nikkei Asia, BBC, Financial Times, Bloomberg, The Asia Business Daily, SamMobile, Wall Street Journal, The Japan Times, CNBC, Dow Jones Newswires, Seoul Economic Daily, Korea JoongAng Daily, and Wccftech
X: @danielnewmanuv, @jackfarley96, and @jukan05
Forums: r/DRAM_ETF and r/wallstreetbets
| Anthropic: |
Anthropic researchers detail J-space, a small set of neural patterns in Claude that reveals internal thoughts that don't appear in the model's output — As you read this sentence, circuits in your brain are adjusting your posture, controlling your breathing, and transforming lines and curves on the screen into recognizable words.
More: Anthropic, Gizmodo, Implicator.ai, VentureBeat, RuntimeWire, Axios, and Anthropic on YouTube
X: @anthropicai, @corsaren, @emollick, @standehaene, @signulll, @aran_nayebi, @borismpower, @jack_w_lindsey, @repligate, @ziv_ravid, and @neelnanda5. LinkedIn: Ethan Mollick
Bluesky: @amyhoy and @shibbi.me
Forums: Hacker News, r/ClaudeAI, and r/singularity
| Andrew Chung / Reuters: |
SCOTUS declines to block a Texas law requiring app stores and developers to verify the age of mobile device users, and for minors to obtain parental consent — The U.S. Supreme Court declined on Monday to block a Texas law requiring app stores and developers to verify the age of mobile device users … | Daniel Kuhn / The Block: |
BonkDAO, which oversees the Bonk memecoin, says it was the target of a “malicious governance proposal” that resulted in a loss of $20M worth of Bonk tokens — Quick Take — BonkDAO was hit with a governance attack that appears to have drained approximately $20 million worth of BONK tokens …
More: The Record, Decrypt, The Crypto Times, Decrypt, Coinpedia Fintech News, and Bitcoin News
X: @bonk_inu, @imperooterxbt, @cryptogle, and @ferbsol
| Sam Witteveen / VentureBeat: |
Tencent releases Hy3, a 295B-parameter model that it says is competitive with GLM-5.1 and 5.2, under the Apache 2.0 license, following a preview launch in April — For the past year, the awkward secret of the open-weight model boom has been that many of the strongest Chinese releases …
More: Hugging Face, Tencent, OpenRouter, Simon Willison's Weblog, The Decoder, WinBuzzer, and RuntimeWire
| Kelsey Vlamis / Business Insider: |
xAI rebrands to SpaceXAI and debuts a new logo — - xAI has officially been rebranded to SpaceXAI. — The change follows SpaceX's historic IPO and acquisition of xAI earlier this year. — Elon Musk previously said xAI would be dissolved and folded into SpaceX. — xAI is no more.
| Emily Shugerman / The San Francisco Standard: |
A profile of Rachel Whetstone, who has led comms for Google, Meta, Uber, Netflix, and now Sierra, as her husband Steve Hilton runs for California governor — Steve Hilton, the conservative British political operator running for governor of California, launched his longshot campaign in April 2025 …
X: @adamkovac, @eshugerman, @hannahcwiley, and @pkafka
| Bloomberg: |
Sources: the US considers housing the Strategic Bitcoin Reserve at Commerce instead of Treasury amid concerns over Treasury's legal authority to manage it — The Trump administration's plan to create a Strategic Bitcoin Reserve has been complicated by two government departments vying to run it …
More: Cointelegraph, The Block, The Crypto Times, and CoinDesk
| Tiffany Hsu / New York Times: |
A profile of Bernadette Meehan, a US diplomat who became Wikimedia Foundation CEO in January, as Wikipedia faces threats from MAGA, AI, and foreign autocrats — Wikipedia is in peril. — In a world where trust in truth is crumbling, the grande dame of collective online fact-gathering is under threat on every front.
LinkedIn: Cameran Ashraf, Ph.D.. Forums: r/worldnews, r/anime_titties, r/BuyFromEU, r/europe, and r/wikipedia
| Raphael Satter / Reuters: |
Sources: CISA's Attack Surface Evaluation team is using Mythos to audit government code repositories and has already uncovered a large number of vulnerabilities — The U.S. cyber defense agency CISA is using Anthropic's AI model Mythos to audit government software, three people familiar …
Bluesky: @seniormcgeezer
| Adam Harrington / CBS News: |
Illinois Governor JB Pritzker signs SB 315, a bill requiring annual third-party safety audits of leading AI companies; OpenAI and Anthropic backed the bill — Add CBS News on Google — Illinois Gov. JB Pritzker on Monday signed legislation aimed at holding artificial intelligence companies accountable.| Wall Street Journal: |
OpenAI, Anthropic, and other top AI companies are offering startups token credits and special promotions, as the AI companies seek lasting streams of revenue — Pitched battle for business users comes as AI companies seek lasting streams of revenue — Hans Ibarra, a founder building …
Bluesky: @doctorcarrie
| Andrew Webster / The Verge: |
Nintendo plans to stop selling the original Switch, Lite, and OLED in Europe from mid-February 2027 and update the Switch 2 to comply with new EU battery rules — The decision comes alongside an update to the Switch 2 to coincide with European battery regulations.
More: Nintendo of Europe SE, Neowin, Engadget, TechEBlog, Kotaku, GoNintendo, Gizmodo, The Next Web, IGN, Polygon.com, GamingBolt, Thurrott, DayOne, ScreenRant, Nintendo Life, Comic Book, and VideoCardz.com
| Peter Vercoe / Bloomberg: |
WiseTech co-founder Richard White steps down as chair amid a police probe over claims he exploited a woman's immigration status for sex; WTC jumps 7%+ — Billionaire Richard White has stepped down as chair of WiseTech Global Ltd., just weeks after denying he was involved in human trafficking amid reports … | Pragyan Kalita / Reuters: |
Syntiant, which develops low-power AI processors, files for a US IPO, reporting a $20.9M net loss on $64.5M in revenue for the three months ended March 31 — Semiconductor and software company Syntiant Corp filed for an initial public offering in the United States on Monday.
More: SiliconANGLE, Bloomberg, and Syntiant
| Julia Hornstein / The Information: |
Source: Thrive Capital spinoff Thrive Holdings seeks to raise around $2B from SoftBank, Altimeter, D1, and others, after previously raising $1B — Some of the biggest backers of OpenAI and its rivals are pooling their money in an offshoot of Thrive Capital that buys controlling stakes …
More: PYMNTS
| Akash Sriram / Reuters: |
Broadcom agrees to expand its Apple partnership through 2031 to develop and supply custom chips; in 2023, the companies announced a multibillion-dollar 5G deal — Broadcom (AVGO.O) said on Monday it has agreed to expand its partnership with Apple (AAPL.O) through 2031 to develop and supply custom chips …
More: AppleInsider, Quartz, Motley Fool, Bloomberg, Chip Briefing, 9to5Mac, Barron's Online, iPhone in Canada, iThinkDifferent, iDrop News, Blockonomi, Barchart.com, The Next Web, Proactive, The Tech Portal, iClarified, and The Verge
X: @markgurman and @aktiehedonist
Forums: r/apple and MacRumors Forums
| Bloomberg: |
Sources: Vista Equity and Quinti made a takeover bid for Criteo that values the French ad tech company at a 50%+ premium to its stock price in recent weeks — Vista Equity Partners and the investment firm Quinti Capital have teamed up on a takeover offer for French advertising-technology company Criteo SA … | James Hunt / The Block: |
Filing: Strategy sold 3,588 bitcoin for ~$216M between June 29 and July 5 to replenish its USD reserve; its holdings have an $11.4B paper loss at current prices — Quick Take — Strategy has sold 3,588 BTC for approximately $216 million, reducing its total holdings to 843,775 BTC.| CNBC: |
Anthropic signs a 20-year, ~$19B lease to use a TeraWulf data center in Kentucky, set to have a ~400MW capacity and to start delivering power in H2 2027 — Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky. — The data center, located about an hour southwest …
More: TeraWulf Inc., The Register, SiliconANGLE, Motley Fool, The Information, Wall Street Journal, crypto.news, Benzinga, Blockchain.News, The American Bazaar, Barchart.com, Proactive, Tech Times, The Crypto Times, CoinGape, Decrypt, MarketWatch, and DatacenterDynamics
X: @terawulfinc, @benbajarin, @terawulfinc, @terawulfinc, @paulbprager, @iscienceluvr, @suchenzang, @suchenzang, @mikebucella, and @_arohan_. LinkedIn: Michael Bucella. Forums: r/wallstreetbets
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