| Mark Gurman / Bloomberg: |
Sources: Ruoming Pang, the head of Apple's foundation models team, is leaving to join Meta, which offered a package worth tens of millions of dollars per year — Ruoming Pang, a distinguished engineer and manager in charge of the company's Apple foundation models team, is departing, according to people with knowledge of the matter.| 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| 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 — A new update has also added much more control over which notifications users will see, and who can trigger them.| 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| 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.| 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| Swati Gupta / Bloomberg: |
X says the Indian government ordered it to block two Reuters accounts on July 3 and demanded immediate action, then told X to unblock them after “public outcry” — X raised serious concerns about India's media laws after the government ordered it to block thousands of accounts … | Reuters: |
Samsung projects Q2 operating profit down 56% YoY to $3.3B, below $4.5B est., due to struggles in its chip business stemming from the US' China export controls — Samsung Electronics (005930.KS) on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier … | Dominic Preston / The Verge: |
OnePlus launches five products: the midrange €449 Nord 5 smartphone, the €349 Nord CE 5, a smaller €299 Watch 3, the €119 Buds 4, and the €229 Pad Lite tablet — The Nord 5 and Nord CE 5 phones, and the Pad Lite tablet, are all headed to Europe.| Andrew R. Chow / Time: |
Moonvalley releases Marey, its fully licensed AI video model, available for $14.99, $34.99, or $149.99/month; 80% of its footage is from independent filmmakers — The relationship between Hollywood and the AI industry is extremely fraught. Many filmmakers and industry workers abhor the idea … | Benoit Berthelot / Bloomberg: |
France-based chipmaker SiPearl raised a €130M Series A from Taiwan's Cathay Venture and others to develop its ARM-based Rhea1 AI chip, set to feature 80 cores — European Union-backed chipmaker SiPearl has raised €130 million ($152 million) from investors including Taiwan's Cathay Venture … | 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 … | 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 — Amazon.com Inc.'s Prime Day is slamming into President Donald Trump's trade war, with ever-shifting tariffs prompting some brands … | Tage Kene-Okafor / TechCrunch: |
Dubai-based Huspy, which offers proptech tools to home buyers, agents, and brokers, raised a $59M Series B led by Balderton, after a $40M+ Series A in June 2022 — If you walked into a Dubai bank to apply for a mortgage in 2020, chances are you'd spend months buried in paperwork or face …
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