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July 13, 2026, 11:35 AM
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memeorandum
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| Ben Casselman / New York Times: |
Nearly 200 economists, including 15 Nobel laureates and Anthropic's Jack Clark, sign a letter titled We Must Act Now, warning of rapid AI-led job displacement — Nearly 200 economists signed a letter calling for policymakers to do more to understand and respond to potential A.I. disruptions.| Ryan Vlastelica / Bloomberg: |
Apple's stock is up 16% since June 25, adding ~$650B in market value and pushing shares back to record territory, as investors flee an AI stock selloff to Apple — Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants.
More: MacRumors, 9to5Mac, The Mac Observer, and MacDailyNews
| Lee Ying Shan / CNBC: |
| Mark Gurman / Bloomberg: |
Source: OpenAI still believes it is on track to unveil its first device in 2026 and release it in 2027; Apple's lawsuit may complicate hiring and supply chains — Apple Inc.'s lawsuit accusing OpenAI of systematically stealing its intellectual property threatens to disrupt … | Barbara Moens / Financial Times: |
European Commission President Ursula von der Leyen says after the summer the bloc is set to propose a “social media start date for minors” with “gradual access” — Brussels will propose gradual access for different ages in response to concerns over child safety online
| Maggie Eastland / Bloomberg: |
Sources: the US estimates unauthorized distillation costs US AI labs up to $6B/year; Silicon Valley told the White House it could become an existential threat — Anthropic and OpenAI's warnings about “adversarial distillation” are reinvigorating one of the oldest debates in Silicon Valley.
More: New York Post
| Nathan Lambert / Interconnects AI: |
More: TechRadar and Constellation Research
| Bloomberg: |
More: TechNode, HOKANEWS.COM, CNBC, and Times Now
| Riley Griffin / Bloomberg: |
Meta says it will spend an extra $40B on its nearly 4,000-acre data center campus in Louisiana, aiming for 5GW+ of compute, pushing its total spend beyond $250B — Meta Platforms Inc. has committed to spending an additional $40 billion on its sprawling data center campus in Louisiana …
More: Quartz, Meta Newsroom, PCMag, Reuters, The Information, CNBC, Barron's Online, Wall Street Journal, TheEnergyMag, Channel NewsAsia, Blockonomi, and Fox Business
LinkedIn: Michail Angelov and Dina Powell McCormick
| Mark Bergen / Bloomberg: |
Munich-based defense tech startup Helsing raised a $1.8B Series E from Dragoneer, Iconiq, and others at an $18B valuation; Germany made €493M in orders in 2026 — Helsing has raised a financing round at a valuation of $18 billion from investors including the growth equity arm …
More: CNBC, Axios, Tectonic Defense, Sifted, Tech.eu, Pulse 2.0, Tech Funding News, Resilience Media, Defense News, Startup.eu, Reuters, and Helsing
| Robert Scammell / Business Insider: |
Anthropic hires Tom Blomfield, a Monzo co-founder and one of the biggest names in UK tech, to join its compute team; he is taking a leave of absence from YC — The AI talent wars aren't letting up — and neither is Anthropic's big-name hiring spree. — The AI startup has hired Tom Blomfield …
More: Sifted, The Economic Times, and Tech Funding News
| Politico: |
The EU blacklists Russian intelligence group members it says were responsible for spying on and hacking targets across the EU and Ukraine from as early as 2010 — Moscow's Federal Security Service is behind the cyber espionage and sabotage campaigns, EU says.| The Economic Times: |
Anthropic says it is “extending Claude Fable 5 access on all paid plans, as well as keeping Claude Code's weekly rate limits 50% higher, through July 19” — In a post on X, the company said, “We're extending Claude Fable 5 access on all paid plans, as well as keeping Claude …
More: Android Authority, Claude, Help Net Security, Forbes, The Indian Express, Digital Trends, Cyber Security News, Tech Times, 9to5Mac, Implicator.ai, BleepingComputer, and Simon Willison's Weblog
X: @thsottiaux, @claudeai, @xlr8harder, @gergelyorosz, @netcapgirl, @yuchenj_uw, @rileybrown, @palmyrpar, @citrini, @robj3d3, @jiratickets, @yacinemtb, @danshipper, @strimblez, @petergostev, @kimmonismus, @zephyr_z9, @alexfinn, @omarsar0, @kimmonismus, @davidkpiano, @daveshapi, @iterintellectus, @emollick, @alltheyud, @juliarturc, @kimmonismus, and @andrewcurran_
| Shilpi Jain / Counterpoint Research: |
Global smartphone shipments fell 11% YoY in Q2 to the lowest Q2 levels since 2013 amid the DRAM and NAND shortage; Samsung returns to #1 with a 24% market share — - Global smartphone shipments fell 11% YoY in Q2 2026 reaching the lowest second-quarter levels since 2013 as the DRAM and NAND shortage intensified.
More: AppleInsider, 9to5Mac, MacRumors, Omdia, Reuters, Android Authority, The Mac Observer, Notebookcheck, and MacTech.com
| Wen-Yee Lee / Reuters: |
A Taiwanese minister says TSMC plans two more advanced chip packaging plants in the Chiayi Science Park, with all four set to generate $9.35B+ in annual output — Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW) will add two advanced chip packaging plants in the Chiayi Science Park … | Bloomberg: |
China says President Xi will deliver a keynote speech at the opening ceremony of the three-day World AI Conference in Shanghai on Friday, his first appearance — Chinese President Xi Jinping will make his first appearance at the country's flagship AI conference, signaling … | New York Times: |
Investigation: Western intelligence officials identify a Russian military intelligence unit in Tokyo that smuggles high-tech components for the war in Ukraine — Operating out of a Tokyo high-rise, a military intelligence unit finds the high-tech equipment that Russia needs to wage war.
More: Al Jazeera, The Defense Post, Benzinga, and The Hill
Bluesky: @robertscotthorton and @gregdelawie
Mastodon: @hanse_mina@mastodon.social and @davidho@mastodon.world
Forums: r/neoliberal, r/japannews, r/espionage, and r/UkrainianConflict
| Nathaniel Rich / New York Times: |
A look back at the 2007 heist of a Verizon data center in London, underlining the importance of physical data security as cyber defenses grow more sophisticated — Terry Ellis's fixer wore an overcoat, a multicolored ascot, a Rolex. He had a husky voice and a good suntan.Sponsor Posts
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