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July 5, 2026, 5:30 PM
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memeorandum
WeSmirchTop News
| New York Times: |
Analysis: ~1M $TRUMP retail buyers lost a combined $3.81B, while ~500K mostly-early wallets captured $4B in gains, a textbook memecoin wealth transfer — A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money … | Katherine Bindley / Wall Street Journal: |
How some high-income families use AI-powered private schools and tutors, such as Alpha School, to teach their children life skills and tailor their curriculum — People who can afford to send their grade-school kids anywhere are choosing new alternative education
More: The Decoder and Daily Mail
X: @jeffjarvis. LinkedIn: Don Soifer and Robert Kelchen. Bluesky: @hypervisible.blacksky.app. Mastodon: @jeffjarvis@mastodon.social
| Nilesh Christopher / Los Angeles Times: |
How ByteDance is making Hollywood inroads with its Seedance video generator, thanks to low pricing, striking realism, and features like timeline-based prompting — - 8 min Click here to listen to this article … - A viral AI video of Brad Pitt and Tom Cruise sparked industry outrage …
More: TechCrunch, Fortune, TestingCatalog AI News, and The Decoder
| Aisha Down / The Guardian: |
Source calls UK- and OpenAI-touted plans in 2025 for Stargate's ~£20B Cobalt site a PR stunt; OpenAI and Nscale failed to visit Cobalt or lodge planning forms — Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypothetical
More: Forbes and The Next Web
Mastodon: @davidgerard@circumstances.run and @remixtures@tldr.nettime.org
Forums: r/BetterOffline and r/NewcastleUponTyne
| Financial Times: |
Bending Spoons' Nasdaq IPO caps its 50+ deals across 10+ years that transformed the Italian startup into a highly leveraged internet company with ~$4.4B in debt — Nasdaq listing caps more than a decade of deals that transformed an Italian start-up into a global internet company
More: TechCrunch
| Simon Sharwood / The Register: |
AWS says Mechanical Turk will no longer accept new customers and that it is placing the crowdsourcing service in maintenance, signaling its future retirement — Workers who use OG crowdsourcing platform say AWS is closing accounts — Amazon Web Services will stop accepting new customers …
More: TechCrunch, Amazon Mechanical Turk, Amazon SageMaker AI, and Amazon Web Services
Bluesky: @carnage4life and @jmsdnns
| Patricia Kowsmann / Wall Street Journal: |
Chainalysis: addresses linked to Iran, Russia, North Korea, and other US-sanctioned entities received $100B+ in crypto last year, almost 8x the amount in 2024 — Blacklisted entities handled $100 billion in crypto in 2025, financing terrorism and weapons — Iran, Russia, North Korea …
More: Wu Blockchain
| Jason Hiner / The Deep View: |
Q&A with Doug Brooks, senior product manager of Apple silicon, about Mac minis becoming preferred AI agent machines, future of on-device AI, and more — W — alk into any of the frontier AI labs, and you'll find wall-to-wall Macs. — Decisions Apple made years ago … | Wency Chen / South China Morning Post: |
ByteDance's Doubao and Alibaba's Qwen will disable humanlike and user-created agents before July 15, as China's anthropomorphic AI interaction rules take effect — Two of China's major consumer-facing artificial intelligence apps, ByteDance's Doubao and Alibaba Group Holding's Qwen …
More: The Next Web and Tech Times
| Olivia Carville / Bloomberg: |
A profile of Kaley Glenn-Mills, the plaintiff in K.G.M. v. Meta et al., who was awarded $6M in damages in a landmark LA jury trial over social media addiction — Kaley Glenn-Mills' lawsuit reshaped the fight to protect children from social media. She says she still can't stop scrolling.| Kieran Smith / Financial Times: |
Sources: Uber halts plans to launch food delivery in five of the seven European countries it had targeted for expansion as it pursues a Delivery Hero takeover — Ride-hailing company will no longer launch in five of its seven planned new markets this year — Uber has paused the majority …
More: Reuters and Daily Sabah
| Josh Zoffer / Financial Times: |
Data centers offer US a chance to get ahead in the next key technologies and to build domestic supply chains based on demand rather than subsidies and tariffs — America must not repeat the mistakes that handed China rare-earth dominance … America's China policy over the past decade …
X: @packym and @shanumathew93
| Sofia Chesnokova / Tech Funding News: |
NY-based LinqAlpha, which provides AI-powered market research tools for hedge funds, raised a $22M Series A co-led by AVP, Atinum Investment, and GFT Ventures — - LinqAlpha, an AI research platform for hedge funds and asset managers, has raised $22 million in a Series A round led by AVP, Atinum Investment and GFT Ventures.
More: FinSMEs, Bloomberg, LinqAlpha, The SaaS News, Ventureburn, VC News Daily, DealStreetAsia, TNGlobal, Tech in Asia, and Pulse 2.0
LinkedIn: Jacob Chanyeol Choi, Menlo Times, and Hojun Choi
| Financial Times: |
A look at the troubled rollout of the EU's automated biometric entry/exit border system, as airport operators warn of severe delays ahead of the summer holidays — Automated system first mooted in 2008 was meant to keep out criminals — instead, it is delaying travellersSponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
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Zoho:
Introducing qualified electronic signatures via SIGN8 for the EU — Every document carries a different level of risk, and the type of electronic signature you choose should reflect that.
Introducing qualified electronic signatures via SIGN8 for the EU — Every document carries a different level of risk, and the type of electronic signature you choose should reflect that.
IDrive:
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.
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.Featured Podcasts
Training Data:
Rich Sutton and Khurram Javed: Why AI Models Stop Learning, and How to Start It Again
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
Ben Thompson on Big Tech, China, and the AI Boom Running Out of Money
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Lenny's Podcast:
OpenAI's Head of Design: This is the best time in history to be a designer | Ian Silber
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Best of Big Technology: How Ozempic Changes Our Bodies, Minds, and Economy — With Johann Hari
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Zuckerberg's Anti-Doom Fantasy + Finally an A.I. Detector That Works + A.I. Math
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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LinkedIn: Lila Ibrahim and Morten Bay, Ph.D.. Bluesky: @carnage4life. Mastodon: @carnage4life@mas.to