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July 3, 2026, 6:06 AM
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Business Insider:
Sources: Alexandr Wang said Meta's model currently in training, codenamed Watermelon, matches GPT-5.5 and uses an “order of magnitude more compute than Avocado”  —  Meta is making significant progress in the AI model race, its superintelligence chief Alexandr Wang told employees today.
Katie Paul / Reuters:
At a town hall, Mark Zuckerberg said Meta's AI agent development has not accelerated as expected and its reorganization was not as “clean” as it could have been  —  Meta (META.O) Chief Executive Mark Zuckerberg told an internal town hall on Thursday that AI agent development …
Financial Times:
Sources: Anthropic moves to close loopholes that let Chinese firms like Ant use its models via workarounds including cloud providers and overseas subsidiaries  —  Engineers are still finding ways to use AI models despite stringent restrictions.  Anthropic is moving to shut loopholes …
Bluesky: @mizmulligan.  Forums: r/China
Stephanie Stacey / Financial Times:
Spotify removed 500K+ streams of Malcolm Todd's Earrings after a 70% surge in 24 hours sent it to #1 on Spotify USA and coincided with suspicious Kalshi wagers  —  Platform removes more than 500,000 streams of Malcolm Todd track ‘Earrings’ on concern traders propelled it to number 1
Janko Roettgers / The Verge:
A look back at BitTorrent, launched by Bram Cohen 25 years ago, and how media piracy fueled its growth while its architecture shielded it from legal liability  —  Cath Virginia / The Verge … Twenty-five years ago today, a young, little-known programmer by the name of Bram Cohen fired off …
Todd Bishop / GeekWire:
Microsoft invests $2.5B and forms the Microsoft Frontier Company to embed 6,000 forward-deployed engineers with customers to help deploy AI systems  —  Microsoft is launching a new AI “company.”  It won't be a separate legal entity, and most of its 6,000 people already work at Microsoft.
Grace Kay / The Information:
Internal memo: Tesla plans to impose a $200-per-week limit for staff's AI spending beginning July 6; the tally excludes beta versions of xAI products  —  Tesla told employees last month it would impose a $200 per week limit for staff's AI spending beginning July 6, according to an internal memo …
Maggie Eastland / Bloomberg:
Letter: chip sector group SEMI, including Micron and Samsung, warns Scott Bessent US policies affecting prices or production capacity would worsen the shortage  —  Government attempts to address the global memory chip shortage by influencing prices or production capacity would worsen …
The Information:
Sources: Anthropic's bankers have hired UK law firm Freshfields to advise on its IPO; it also advised on Google's acquisition of Wiz and ServiceNow's Armis deal  —  A British law firm has scored a big win: a role in the Anthropic initial public offering, expected to raise tens of billions at a valuation of more than $1 trillion.

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From Mediagazer

Associated Press:
After a short-term hold, SCOTUS denies former Fox News reporter Catherine Herridge's bid to stay an $800-a-day fine if she refuses to reveal a source

Jessica Toonkel / Wall Street Journal:
A look at Comcast co-CEO Brian Roberts' earlier bundling strategy for connectivity and content, and his plan now to unbundle in order to keep growing

Matthew Keys / TheDesk.net:
FCC Commissioner Anna Gomez criticizes the agency's move to dismiss a petition by former FCC members and media advocates challenging the news distortion policy

More News

Anna Heim / TechCrunch:
Finnish quantum computing company IQM closed up 2% in its Nasdaq debut Thursday after going public via a SPAC merger at a ~$1.9B valuation

Earlier Picks

Qianer Liu / The Information:
Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chip
Joe Warminsky / The Record:
The US DOJ says Peter Stokes, a 19-year-old dual US-Estonian citizen, was extradited from Finland to face charges of participating in Scattered Spider hacks
Bloomberg:
The European Court of Justice rules that Google's earlier defeat against a €4.1B European Commission penalty over abusing Android's market power should stand
Phoebe Liu / The Information:
Nvidia promises to financially backstop young cloud providers, like Firmus and Sharon AI, by renting back unused GPUs, in exchange for a share of their revenues
Financial Times:
Sources: OpenAI has discussed giving a 5% stake to the US government, seeking to clear political obstacles by securing buy-in from the Trump administration
More: Reuters, CNBC, The Guardian, Business Today, The Verge, The Hans India, The Next Web, The Rundown AI, Fortune, The Information, Axios, Engadget, Ars Technica, TechCrunch, CNET, Decrypt, Straight Arrow, Big Technology, eWeek, Yahoo Finance, The Japan Times, MarketWatch, Bloomberg, DatacenterDynamics, Mashable, CNN, The American Bazaar, Techstrong.ai, Gizmodo, TelecomTV, RuntimeWire, International Business Times, SiliconANGLE, Barron's Online, Proactive, New York Post, Benzinga, The Tech Portal, Ben Werdmuller, NewsMax.com, Tom's Hardware, CoinDesk, Daily Sabah, Quartz, ZeroHedge News, Semafor, The Decoder, PYMNTS, RTÉ, Forbes, Business Standard, Seoul Economic Daily, Telegraph, Neowin, Fortune India, Times of India, The Straits Times, Cointelegraph, The Economic Times, Tech in Asia, and DigiTimes
X: @deanwball, @andrewcurran_, @thestalwart, @theo, @hamandcheese, @luke_metro, @altcap, @njtmulder, @erikvoorhees, @dee_bosa, @erikvoorhees, @scottlincicome, @bindureddy, @gergelyorosz, @danprimack, @max_spero_, @ianbremmer, @scottlincicome, @cremieuxrecueil, @teortaxestex, @irvingswisher, @kimmonismus, @deanwball, @deanwball, @shashj, @quxiaoyin, @bigblackjacobin, @pitdesi, @wholemars, @tekbog, @kevinxu, @ramez, @rohanpaul_ai, @hamandcheese, @justalexoki, @andrewcurran_, @zephyr_z9, @negligible_cap, @jukan05, and @zerohedge
LinkedIn: Emil Protalinski, Jeremy Bearer-Friend, Geoff Livingston, Jason Cruz Falzon, MBCS, and Marjorie Nadal
Bluesky: @flingjore.com, @arbiteriapetus, @laurenmeidasa, @carnage4life, @cameroncorduroy, @timkellogg.me, @hypervisible.blacksky.app, @markjacob, @metacurity.com, @martinsfp, and @sungkim
Mastodon: @carnage4life@mas.to and @annmlipton@esq.social
Forums: r/ProfessorFinance, r/politics, r/politics, r/technology, r/neoliberal, r/OpenAI, r/StockMarket, r/politics, r/pcmasterrace, r/singularity, and Slashdot
Bloomberg:
Amazon's emissions rose 16% YoY in 2025, driven by data center construction and delivery fuel, while Google's “ambition-based” emissions jumped 18% YoY in 2025
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