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  —  Apple today announced that COO Jeff Williams will retire later this year, with Sabih Khan set to assume the COO role later this month.

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.

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 …

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 …

Federal prosecutors accuse two US men of operating and promoting OmegaPro, a crypto multi-level marketing scheme that allegedly defrauded victims of $650M+  —  Federal prosecutors have charged two men in connection with a sprawling cryptocurrency investment scheme that defrauded victims out of more than $650 million.

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.

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.

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.

Replit announces a partnership with Microsoft to make its platform available in the Azure Marketplace and integrate its tech with some Microsoft cloud services  —  Replit on Tuesday announced a strategic partnership deal with Microsoft that should be good for business for both of them.

Sources: Apple is in talks to acquire US streaming rights for Formula 1 following the success of F1 the Movie, which has grossed ~$300M at the box office  —  iPhone-maker is challenging Disney's ESPN to screen car series  —  Apple is in talks to acquire the US rights to screen Formula 1 …

Qantas confirms personal info of 5.7M customers were held on the system compromised in a recent cyberattack, including names, email addresses, and phone numbers  —  In short:  —  Qantas boss Vanessa Hudson says she does not believe the data targeted in a recent cyber attack have yet been released by cyber criminals.

An analysis finds Chinese firms aim to buy 115K+ US-sanctioned Nvidia H100 and H200 chips for 39 data centers across China's western deserts, mostly in Xinjiang  —  https://www.bloomberg.com/news/ articles/2025-07-08/latest-tariff-pause - shows-limits-of-trump-s-frenzied- dealmaking

A look at Yahoo Creators, launched in March 2024, offering creators a 50/50 ad revenue split for posting original written content and has signed up 135 creators  —  As Yahoo's creator program matures, the company is increasingly evolving from a publisher into a creator platform in its own right.

Millions of China's gig workers are having to endure record heat waves without legally mandated “heat wave allowances”, cooling breaks, or adequate insurance  —  As the nation swelters, millions of delivery couriers brave deadly temperatures without legal protections or heat pay.

An over $242M Polymarket bet on whether President Zelenskyy would wear a suit before July closed as “No” despite claims he did, raising governance concerns  —  Discontent over the market's resolution has reignited scrutiny of UMA's dispute system and the influence of large Polymarket stakeholders.

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 …

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 …