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July 5, 2026, 11:25 AM
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memeorandum
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| 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 …
More: The Next Web, The Asia Business Daily, The Business Times, Bitcoin News, The Coin Republic, CoinDesk, The Block, The Boston Globe, Raw Story, CoinGape, and crypto.news
Bluesky: @deanbaker13. Mastodon: @jeffjarvis@mastodon.social. Forums: r/nytimes, r/inthenews, r/WallStreetbetsELITE, r/CriticalMineralBulls, and r/politics
| 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
| 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
Bluesky: @elinorcarmi. Mastodon: @remixtures@tldr.nettime.org and @davidgerard@circumstances.run. Forums: r/BetterOffline
| 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
| 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, The Decoder, and TestingCatalog AI News
| 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 … | 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
| 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
| 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.| 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 … | 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
| Sejal Sharma / Hindustan Times: |
India issues a notice to Telegram, asking it to curb the spread of pirated films and other copyrighted content, and seeks an action-taken report within 15 days — The Ministry of Information and Broadcasting (MIB) issued a notice to Telegram on Saturday, asking the messaging platform … | 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 travellers
More: Bloomberg
| Marcel Thee / Nikkei Asia: |
Indonesia's enforcement of social media restrictions for under-16s has been patchy, with tech companies ignoring the rules and youth still accessing platforms — JAKARTA — Andreas Humala, a multimedia lecturer at the London School of Public Relations in Jakarta, recently overheard … Sponsor Posts
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