| Mark Gurman / Bloomberg: |
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 Inc. Chief Operating Officer Jeff Williams is retiring as the company's longtime No. 2, marking a major changing of the guard at an already tumultuous time for the iPhone maker.| 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 — Apple today announced that COO Jeff Williams will retire later this year, with Sabih Khan set to assume the COO role later this month.| 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 … | 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 … | 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.| 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.| Julie Bort / TechCrunch: |
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.| 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 … | 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 … | Lorenzo Franceschi-Bicchierai / TechCrunch: |
Source: Activision pulled Call of Duty: WWII after hackers exploited a flaw in a PC version, which led to some players getting their computers hacked — Games giant Activision took down Call of Duty: WWII due to hackers exploiting a flaw in a specific PC version of the game … | 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 … | 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| 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.| Bloomberg: |
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
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