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July 15, 2026, 2:55 PM
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Milana Vinn / Reuters:
Sources: Stripe and PE firm Advent have jointly offered $60.50/share to acquire PayPal, a 28% premium to Tuesday's close, valuing it at $53B+; PYPL jumps 15%+  —  Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc …
Reuters:
China says Apple Intelligence has been registered for use on iPhones in the country; the service will integrate Alibaba's Qwen and may add Baidu's AI features  —  China's cyberspace regulator said on Wednesday that Apple's on-device generative AI service “Apple Intelligence” has been registered for use on iPhones in the country.
Max A. Cherney / Reuters:
ASML says Intel has decided to use ASML's next-gen High NA EUV machines to make some of its flagship Panther Lake laptop chips; a High NA machine costs ~$400M  —  Intel (INTC.O) has decided to use a high-end machine from ASML to manufacture some of its flagship Panther Lake laptop chips …
April Roach / CNBC:
ASML reports Q2 net sales of €9.3B, above €8.8B est., a €2.9B net profit, above €2.6B est., and raises its 2026 net sales forecast from €36B-€40B to €43B-€45B
CNBC:
IBM's stock closed down 25.21% on Tuesday, sinking more than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates  —  International Business Machines shares plummeted 25% on Tuesday after the hardware, software and consulting provider released …
Bloomberg:
Source: OnePlus will begin to cease operations in the US and Europe as early as this week and Realme will exit China as part of a restructuring by parent Oppo  —  OnePlus, a consumer electronics brand that gained a loyal following with its lineup of aggressively priced Android smartphones …
Megan Morrone / Axios:
OpenAI launches Codex Micro, a $230 desktop keypad built in collaboration with keyboard maker Work Louder, with backlit keys, a rotary knob, and a tiny joystick  —  OpenAI opened orders Wednesday for Codex Micro — a limited-edition desktop keypad that lets agentmaxxers monitor and control their AI minions.
Mark Gurman / Bloomberg:
Sources: OpenAI's first device will be a moveable, screen-free smart speaker with a camera and sensors, meant to serve as an AI companion that taps into ChatGPT
Wall Street Journal:
A group of 26 current and former employees sues Meta for allegedly using AI in layoffs in May to unfairly target workers with disabilities or on protected leave  —  Lawsuit alleges social-media company relied on AI that disproportionately targeted workers with disabilities or who were on medical or parental leave
Thinking Machines Lab:
Thinking Machines Lab debuts Inkling, an open-weight MoE model with 975B total and 41B active parameters, trained to be broad rather than optimized for one area  —  Try on Tinker Model card Hugging Face  —  Our mission is to build AI that extends human will and judgment.
Bernhard Warner / New York Times:
Daniel Ek's Neko Health, which offers AI-based full-body scans, raised $700M co-led by Lightspeed and O.G. Venture Partners, sources say at a ~$7B valuation  —  The health tech start-up co-founded by Spotify's Daniel Ek is worth billions more after a new $700 million funding round.
Jess Weatherbed / The Verge:
Samsung unveils a new Flex Titanium foldable display that is slimmer, more durable, and less prone to creasing, debuting in its upcoming Galaxy Z Fold 8 series  —  The Flex Titanium display tech is slim, strong, and reduces crease visibility.
Sean Hollister / The Verge:
Court filing: Google says it is ready to add third-party app stores in Google Play in the US on July 22, as Google and Epic withdraw their joint motion  —  Get ready for rival app stores inside of Google Play. … Epic Games and Google have just jointly withdrawn their attempt …
Maxwell Zeff / Wired:
OpenAI employees donated a combined $215K+ to Guardrails Alliance, a super PAC seeking stricter AI rules and opposing Greg Brockman-backed Leading the Future  —  OpenAI employees have donated more than $215,000 to a political effort opposing Leading the Future, a group backed by the company's president, Greg Brockman.
Rebecca Bellan / TechCrunch:
Anthropic, Blackstone, and Hellman & Friedman's $1.5B AI implementation company, announced in May, launches with the name Ode with Anthropic and 100 engineers  —  AI models are becoming ever more capable, but exactly what enterprise adoption will look like remains a big question.
Politico:
AI advocates fear New York's moratorium on new data centers could embolden Democrats to enact more state restrictions and seize on the issue in the midterms  —  New York's moratorium on data centers could serve as an opening salvo for leaders in other states looking to rein in tech infrastructure …
Mark Gurman / Bloomberg:
Apple raises AppleCare+ prices for Macs and iPads by $0.50 per month and $5 per year; the increases are exclusively for new sign-ups  —  Apple Inc. slightly raised the cost of individual AppleCare+ service subscriptions, marking its latest price increase in the face of a global memory shortage and other challenges.
More: 9to5Mac
Derek B. Johnson / CyberScoop:
The Trump administration details its “Gold Eagle” federal clearinghouse for sharing AI cyber threat information between the government and the private sector  —  The White House said the clearinghouse has already started to receive intelligence on vulnerabilities and prioritize patches.
Muvija M / Reuters:
The UK government proposes a default overnight social media curfew for 16- and 17-year-olds and disabling features like autoplay and infinite scroll by default  —  Britain will introduce a default overnight curfew on social media apps for 16- and 17-year-olds, the government said …
Marina Temkin / TechCrunch:
Sources: OpenAI researcher Miles Wang is leaving the company to launch an AI drug discovery startup, and is in talks to raise $200M at a $2B valuation  —  Miles Wang, an OpenAI researcher whose work includes using AI to accelerate scientific and biological discovery, is leaving the ChatGPT maker …
The Information:
Sources: DeepSeek's annualized revenue recently reached $400M to $500M as it seeks to raise ~$7.4B at a ~$74B valuation, up from ~$50B after raising ~$7B in May  —  Strong revenue growth at DeepSeek is empowering the Chinese open-source AI star to raise its second-funding round of 50 billion yuan …

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From Mediagazer

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Bruce Gil / Gizmodo:
Fan fiction site AO3 says it will be offline for two to four weeks after a security incident; it hosts over 18M works and has 11M registered users

Selome Hailu / Variety:
Sources: Reese Witherspoon's Hello Sunshine lays off about 30 employees, roughly 50% of its staff, as it focuses on film and TV projects and its book club brand

More News

Earlier Picks

David Ingram / NBC News:
OpenAI says Apple's claim that OpenAI “never responded” to its concerns is false; emails: OpenAI did respond, but an Apple lawyer mixed up two OpenAI employees
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