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Anthropic says Fable 5 will be available via usage credits for Claude users from July 7, and is working with partners to draft an AI jailbreak severity standard — On Friday, June 12, the US government applied export controls to our newest models, Claude Fable 5 and Claude Mythos 5.| Anthropic: |
Anthropic launches Claude Sonnet 5, saying it nears Opus 4.8 performance at lower prices and is substantially better than Sonnet 4.6 for agentic work — Claude Sonnet 5 is built to be the most agentic Sonnet model yet. It can make plans, use tools like browsers and terminals … | Ashley Stewart / Business Insider: |
Sources: Microsoft plans to announce job cuts next week affecting less than 2.5% of its 220,000-person workforce, including roles in sales, consulting, and Xbox — Microsoft is planning to announce job cuts soon as the tech giant continues efforts to control costs, according to people familiar with the situation.| Carmen Arroyo / Bloomberg: |
SpaceX cuts monthly Starlink prices in half in the Memphis area, as it endures blowback and legal challenges from opponents of its Colossus data centers — SpaceX is offering discounts for Starlink internet plans in Memphis, Tennessee, as the Elon Musk-led company endures blowback … | Reuters: |
Filing: President Trump reports $1.4B+ in income from his family's crypto ventures in 2025, including $500M+ from WLF and $635M from the sale of his $TRUMP coin — U.S. President Donald Trump reported more than $1.4 billion in income from his family's crypto ventures last year … | Mike Scarcella / Reuters: |
SCOTUS agrees to hear Apple's appeal of a 2025 contempt ruling in its Epic case after a district judge found Apple violated an order to make App Store changes — The U.S. Supreme Court agreed on Tuesday to hear Apple's (AAPL.O) bid to escape being found in contempt in its legal fight with … | Kyle Baird / The Block: |
Visa, Mastercard, Stripe, BlackRock, Coinbase, and 140+ companies join Open Standard to launch Open USD, a stablecoin that shares earnings from its reserves — Quick Take — Payment giants, banks, tech firms and crypto companies are among Open Standard's launch members.| Rebecca Bellan / TechCrunch: |
Anthropic launches Claude Science, an AI workbench that uses existing Claude models like Opus 4.8 to integrate 60+ scientific databases and specialized toolkits — Anthropic introduced Claude Science on Tuesday, an AI workbench that gives scientists one environment to do computational research … | Bloomberg: |
Sources: TikTok settles a lawsuit before a second California trial over social media harm to minors for an undisclosed sum; Meta and Snap remain defendants — TikTok is finalizing a settlement related to a lawsuit claiming that the world's largest social media platforms are addictive to minors … | Stephanie Palazzolo / The Information: |
Source: OpenAI engineers earlier this month told some colleagues they had figured out a way to more than halve the cost of inference — We closely track efforts by Anthropic, Google and OpenAI to get access to more server chips to run their models. But we don't talk enough about the work … | The Keyword: |
Google launches Nano Banana 2 Lite, a low cost text-to-image model that delivers outputs in four seconds, and rolls out Gemini Omni Flash to developers — We're making it easier to experiment and scale your ideas with Nano Banana 2 Lite, our fastest, most cost-efficient Gemini Image model … | Kirstin Ridley / Reuters: |
Almost 1,700 UK investors sue Binance and Changpeng Zhao for at least £150M, alleging Binance sold them risky derivative products without regulatory approval — Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million) … | Russell Brandom / TechCrunch: |
AWS launches an internal organization for AI-focused forward-deployed engineers, backed by $1B in resources, following OpenAI and others in launching FDE teams — As companies struggle to integrate AI, they're increasingly ready to bring in outside help — and service providers are launching … | Lisa Bonos / Inc: |
Pie, a startup that uses AI to optimize marketing for brick-and-mortar small businesses, emerges from stealth with a $19.5M Series A led by Lightspeed — Pie, which spent the past year building quietly, is betting small businesses need help showing up in AI search the way they once needed help showing up on Google.| Elias Schisgall / Wall Street Journal: |
Getty Images announces plans to end its Shutterstock merger after the UK CMA conditioned approval of the deal on Shutterstock selling its editorial business — A U.K. regulator said Shutterstock must sell its editorial business in order for the merger between the two companies to be approved| The Atlantic: |
FOIA docs: White House officials used auto-deleting Signal chats even after Trump advised against its use in April 2025, raising federal recordkeeping concerns — New records reveal that officials kept using the app, even after the president suggested they stop.| Financial Times: |
Tim Cook and EU tech chief Henna Virkkunen held “constructive” talks; sources say they discussed how Apple can launch Siri AI in the EU while avoiding fines — Discussions come as tech group seeks to avoid fines as it and the bloc have been deadlocked over launch of AI assistant| Tim Fernholz / TechCrunch: |
Omen AI, which provides real-time coolant health monitoring for data centers, raised a $31M Series A led by Nava Ventures, bringing its total funding to $41.5M — The AI-driven demand for compute power has data centers looking to squeeze more from every rack of GPUs. One consequence?| Bloomberg: |
Sources: Kalshi agreed to pay $20M to sponsor the World Cup knockouts, after initially balking at FIFA's $150M asking price, alongside ADI Predictstreet — When the World Cup knockout round began Sunday, Kalshi joined the likes of Coca-Cola, Visa and Adidas with sideline advertising in the stadiums … | Bobby Allyn / NPR: |
Sources: Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a possible takeover last year, before directing Meta employees to build a prediction market app — Before Meta CEO Mark Zuckerberg directed employees to build a standalone prediction market app, he proposed buying Kalshi … | Subrat Patnaik / Bloomberg: |
Vimeo owner Bending Spoons raised $1.68B by selling 58M shares at $29 each, valuing it at ~$18.4B, in one of the largest US IPOs by a European company in 2026 — Bending Spoons SpA, which acquires struggling software businesses, and some of its backers raised $1.68 billion in a US initial public offering priced above a marketed range.
Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Indian businesses, take note: Zoho Sign expands e-Stamping support across India — In India, businesses must pay stamp duty on certain agreements and documents to make them legally valid and admissible in court, and as a measure of title security.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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