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  • Tue Jun 9

Hungary plans to decriminalize crypto trading in a reversal of restrictions, which prompted Revolut and others to suspend services, under former PM Viktor Orban (Zoltan Simon/Bloomberg)

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Sen. Maggie Hassan's report: Spotify removed 3,500 podcast accounts and 57,000 episodes promoting illegal online pharmacies between May and November 2025 (Clare Duffy/CNN)

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Alibaba stock fell ~6.5% and JD.com fell ~6% after China reprimanded e-commerce players over alleged false advertising during the "618" annual shopping festival (Bloomberg)

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Google's philanthropic arm, Google.org, commits $50M to help train 300K+ skilled trade workers across the US, amid a shortage of workers for AI projects (Madison Mills/Axios)

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Sources: Meta has completed an operational split with Manus and stopped data sharing; Manus is exploring options, including raising ~$1B to fund a buyback (Riley Griffin/Bloomberg)

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FSB-orchestrated internet outages in Russia, intermittent but indiscriminate, have made one of the world's most online nations resort to cash and paper maps (Financial Times)

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Sources: Alibaba replaces DingTalk CEO Chen Hang with Chen Yusen after an internal debate over the enterprise communication app's role in Alibaba's AI strategy (Bloomberg)

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Applied Materials opens a $500M chip equipment manufacturing campus in Singapore, making the city-state home to ~50% of its production capacity alongside the US (Cheng Ting-Fang/Nikkei Asia)

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Analysis: Conservative and Reform UK MPs have increased their volume of posts on X since Elon Musk's takeover, while center-left politicians have reduced theirs (Financial Times)

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US OPM awards a ~$400M, 10-year IT contract to Oracle to develop a single, government-wide system for agencies to manage their HR capabilities (Drew Friedman/Federal News Network)

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Opendoor says it is shutting down its India operations and laying off nearly 250 employees, replacing them with smaller, AI-enabled teams in the US (Moneycontrol)

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The FBI seizes 13 domains allegedly tied to fake consulting firms that sought information from US government and military employees for suspected Chinese agents (A.J. Vicens/Reuters)

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Google Quantum AI COO says the company declined funding from the $2B Trump administration grant because the "conditions" attached would have slowed its work (J.D. Capelouto/Semafor)

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Anthropic backtracks on its decision to quietly limit Fable 5's ability to develop LLMs, says "requests will visibly fall back to Opus 4.8", following backlash (Maxwell Zeff/Wired)

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South Korean regulators fined Coupang $409M for a data leak in 2025 that exposed ~33.7M accounts and escalated into a diplomatic conflict with the US (Shinhye Kang/Bloomberg)

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Letter: Texas Governor Greg Abbott released regulatory recommendations for state lawmakers to ensure that data centers shoulder the costs of their growth (The Texas Tribune)

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Sources: OpenAI is considering drastically lowering its price for tokens in anticipation of similar cuts the company expects at Anthropic (Wall Street Journal)

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Product head Alex Benzer says Bluesky plans to add "communities" this year, smaller spaces to "go deeper and hang out with people who care about the same stuff" (Jay Peters/The Verge)

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Xbox CEO Asha Sharma and CCO Matt Booty warn of an "Xbox reset" in the next 100 days, citing challenges like annual revenue down ~$500M over the past five years (The Verge)

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Canada introduces the Safe Social Media Act, a bill that would ban social media for children under 16 and establish safety standards for AI chatbots (Maria Cheng/Reuters)

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Instagram expands Your Algorithm to its main feed, letting users choose topics they want to see, and is working to support requests for people, moods, and more (Jay Peters/The Verge)

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YouTube rolls out a new in-app messaging system for sharing videos and having 1:1 conversations; it discontinued its previous Messages feature in 2019 (Abner Li/9to5Google)

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Amazon secures a $17.5B loan from Citigroup and other banks, after selling CA$14B in bonds on Monday, the largest corporate debt offering in Canadian dollars (Bloomberg)

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CISA shortens the deadline for US agencies to fix the most critical vulnerabilities in their networks to three days, citing hackers' use of AI (Raphael Satter/Reuters)

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Chinese companies are implementing "quiet" AI-driven layoffs to avoid labor laws that require government approval for job cuts exceeding 10% of a workforce (Laurie Chen/Reuters)

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Sources: Microsoft's Xbox division is planning major layoffs next month and significant budget cuts for marketing and some other areas (Jason Schreier/Bloomberg)

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Sources: Sea's Shopee is cutting hundreds of developer jobs globally; the reductions started this week and amount to about 8% of Shopee's developer workforce (Bloomberg)

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OpenAI says it has banned China-linked accounts that used ChatGPT to draft social media influence campaigns targeting US debates over tariffs and data centers (Sam Sabin/Axios)

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Oracle reports Q4 revenue up 21% YoY to $19.18B, vs. $19.1B est., and expects to raise ~$40B in debt and equity in FY 2027; ORCL drops 10%+ after hours (Juby Babu/Reuters)

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Anthropic releases two policy proposals on how governments should address catastrophic risks and manage labor market disruption from advanced AI systems (Anthropic)

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Dario Amodei says frontier models should face mandatory third-party testing for cyber, bio, and autonomy risks, in addition to overall transparency requirements (Dario Amodei/@darioamodei)

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An essay on policy responses to AI's exponential progress across regulation and public safety, macroeconomics and taxes, science, civil liberties, geopolitics (Dario Amodei)

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OpenAI and Visa partner to let AI agents make purchases online after users give their permission and to explore enterprise applications for AI-driven payments (Paige Smith/Bloomberg)

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Cybersecurity researchers complain that Claude Fable's guardrails are too strict, rejecting "innocuous tasks" like reading blog posts or performing code reviews (Lorenzo Franceschi-Bicchierai/TechCrunch)

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Sources: Microsoft is restricting employees from using Claude Fable 5 because of Anthropic's new 30-day data retention requirements (Tom Warren/The Verge)

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As AI commoditizes benchmarkable work, an organization's lasting moats lie in tasks that are verifiable through its private data and judgment (Sarah Guo)

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Survey: 53% of Americans fear AI could put someone in their household out of work; Democrats are more likely than Republicans to worry about AI's impact on jobs (Reuters)

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Entries updated Jul 10, 2026 09:32:00 AM PDT

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