Daily Tech Headlines

Congress passed the GENIUS Act, the first legislation to regulate cryptocurrency, a Russian lawmaker warned WhatsApp to prepare for its departure from the Russian market, and Netflix is using AI in film and show production.Link to Show Notes

Scale AI lays off 14% of its workforce, Jack Dorsey invests $10 million to fund experimental open-source projects, and Substack secures $100 million in funding at a $1.1 billion valuation.Link to Show Notes

Chinese cyberattacks against the US on the rise, Seagate’s HAMR-based hard drives now available to consumers, Google claims “Big Sleep” actively blocked a zero-day attack in the wild.Show Notes

NotebookLM, is introducing "featured notebooks" from various sources, Microsoft utilizes engineers in China to maintain Defense Department computer systems, and the DOD intends to allocate $1 billion over the next four years to "offensive cyber operations." Link to Show Notes

Amazon launches development tool Kiro, researchers reportedly telling LLMs to give positive feedback in peer reviews, Nvidia CEO Jensen Huang downplays U.S. concerns that his company’s chips could help China’s military. Show Notes

Meta Platforms is unlikely to alter its "pay-or-consent" model further, which could lead to new EU antitrust charges, Goldman Sachs is integrating an autonomous AI software engineer named Devin, and a new study found that using AI coding assistants actually slowed down developers by 19%.Link to Show Notes

YouTube is set to update its monetization policies on July 15 to combat "inauthentic" content,  Apple’s former head of its foundational models team was poached by Meta for $200 million, and Major League Baseball will introduce a robot umpire challenge system at the All-Star Game.Link to Show Notes

A Federal appeals court overturned the "click-to-cancel" rule, which mandated easy cancellation matching sign-up ease, Warner Bros. has officially reverted its streaming service branding to HBO Max, and Gmail’s new “Manage Subscriptions” feature allows users to easily control and unsubscribe from unwanted emails.Link to Show Notes

Amazon asked corporate employees to volunteer to fulfill grocery deliveries for Prime Day,  the tech industry is pushing to integrate AI chatbots into classrooms, and Apple's top executive for in-house AI models is reportedly leaving to join Meta's Superintelligence Labs group.Link to Show Notes