Tech France Bans Social Media for Kids Under 15 in EU First France just became the first EU country to ban social media for children under 15, with enforcement by regulator Arcom. The move raises fresh regulatory risk for META, SNAP, PINS, GOOGL, and TikTok.
Tech Apple Teams With Klarna to Launch ‘Apple Upgrade’ Leasing Program Apple is partnering with Klarna to launch Apple Upgrade on July 28, a leasing program covering most iPhones, Macs, iPads, and Apple Watches, replacing existing financing plans in the US.
Tech Iran's IRGC Claims Cruise Missile Strike on Amazon AWS Data Hub in Bahrain Iran's IRGC claims cruise missiles destroyed Amazon's central data infrastructure in Bahrain, escalating a widening US-Iran conflict that now directly threatens American tech assets across the Gulf.
AI Cloudflare CEO Prince: AI Is Going to Destroy Small Businesses Cloudflare CEO Matthew Prince warns AI agents will make it nearly impossible for small businesses to reach customers, driving market consolidation toward the largest incumbents.
Markets Passive Income Emerges as the New American Dream As traditional employment satisfaction declines, many Americans are turning to passive income streams, leveraging AI and side hustles to achieve financial goals.
AI Americans Have Turned Against AI, Pew Poll Shows A new Pew Research poll shows only 16% of Americans think AI will positively impact society, even as 49% now use chatbots. The usage-versus-approval gap is a growing problem for the AI trade.
Tech Cloudflare's Prince: bots now outnumber humans online Cloudflare CEO Matthew Prince says bots now generate more web traffic than humans, roughly 57.5% to 42.5%, arriving 18 months earlier than he forecast. Here is what it means for NET, ad-driven names, and CDN peers.
Tech US Data Center Spending Surpasses $50 Billion, Outpacing Infrastructure Investments US data center spending has exceeded $50 billion, surpassing combined investments in airports, ports, and mass transit, driven by the escalating demand for artificial intelligence infrastructure.
Markets GameStop Now Owns Nearly 10% of eBay After Rejected $56B Bid GameStop disclosed a 9.8% stake in eBay after its $56B takeover bid was rejected. Ryan Cohen says he is coming for eBay “one way or another.”
Tech Kevin O’Leary, Fox News hit with defamation suit over Utah data center Kevin O’Leary and Fox News were hit with a defamation lawsuit from two Utah nonprofit leaders who say they were falsely labeled proxies for the Chinese Communist Party during a fight over O’Leary’s proposed 40,000-acre data center.
Tech DRAM Prices Surge Amid AI Demand and Supply Constraints DRAM prices have surged up to 300% due to increased AI demand and supply constraints, impacting major manufacturers like Micron Technology.
Tech Jensen Huang Thanks Sega in Tokyo for 1995 $5M Lifeline Jensen Huang met former Sega president Shoichiro Irimajiri and Yu Suzuki in Tokyo to thank them for the 1995 $5M investment that saved Nvidia, while unveiling a new RTX Spark partnership.
Tech Apple's M2 Ultra Falls Short in AI, Turns to Nvidia Apple's M2 Ultra chip underperforms in AI tasks, leading the company to rely on Nvidia's GPUs for advanced workloads.
Politics Trump: Data Centers Are One of the Biggest Job Drivers of the Future Trump ripped New York's first-in-the-nation hyperscale data center moratorium, calling data centers one of the biggest future job drivers and warning investment will flow to Alabama, Florida, Texas, and Arizona.
AI Anthropic Eyes October IPO at Roughly $965B Valuation Anthropic is lining up investor meetings for a potential October IPO at a ~$965B valuation, with Goldman, Morgan Stanley, and JPMorgan leading the deal. The listing would beat OpenAI to the public markets.
AI AI blamed for 87,714 US job cuts in 2026, per Challenger Challenger, Gray & Christmas says AI has been cited in 87,714 US job cuts through May 2026, already topping all of 2025. Tech leads the wave, with 123,653 sector cuts YTD.
Politics Trump Promoted 20+ Companies on Truth Social After Buying Their Stock: CNN A CNN investigation found Trump promoted more than 20 companies on Truth Social within days of buying their stock, including NVDA, TSLA, and AEO. Here is what to watch.
Markets Stripe and Advent International Offer $53 Billion to Acquire PayPal Stripe and Advent International have jointly offered to acquire PayPal for $60.50 per share, valuing the company at over $53 billion—a 28% premium over its recent closing price.
Tech Meta hit with lawsuit alleging AI targeted sick workers for layoffs Twenty-six former Meta employees are suing the company, alleging AI-powered software disproportionately targeted workers with disabilities or medical leave in this year’s mass layoffs. Meta denies the claims.
Markets Stocks and the economy are out of sync, and AI is the reason Stocks are up nearly 10% in the first half of 2026 while GDP growth trends near 2%. Economists say AI is the reason the market and economy look out of sync, and a wobble in AI names could hit the real economy through the wealth effect.
Geopolitics Iran Labels Musk's Middle East Assets Military Targets Iran has declared Elon Musk's Middle East companies, including SpaceX's Starlink, as military targets, adding geopolitical risk hours before the SpaceX IPO debut.
AI High-Earner Families Ditch Traditional Schools for AI Learning High-income families are pulling kids from traditional schools in favor of AI-powered alternatives like Alpha School and Forge Prep, with tuition running up to $75,000 a year.
AI Musk: AI and Robots Will Bring Universal High Income, Work Optional Elon Musk says AI and robots will make work optional and deliver universal high income. Michael Burry replied ‘False. There will be revolution first.’ Here is the trade angle.
Tech Microsoft Hit With Backlash Over 4,800 Layoffs and 2,273 H-1B Approvals Microsoft is facing backlash after cutting 4,800 jobs including 1,600 at Xbox while USCIS data shows the company was approved for 2,273 H-1B hires this year.
Tech Phoebe Gates’ shopping app Phia accused of claiming commissions it didn’t earn Phia, the shopping app co-founded by Bill Gates’ daughter Phoebe, has been accused of ‘cookie stuffing’ to claim affiliate commissions on sales it didn’t generate, leading to suspension from Impact.com.
