Source: Butterfly Effect, the startup behind Manus, has shut down its entire China-based team to minimize geopolitical risks associated with its ties to China (Juro Osawa/The Information)
https://www.theinformation.com/briefings/startup-behi…
Questions But Not Chaos at the USA #Copyright Office https://illusionofmore.com/questions-but-not-chaos-at-the-copyri…
Judge orders Trump administration to stop immigration arrests in Southern California without probable cause (Kaanita Iyer/CNN)
https://cnn.com/2025/07/11/politics/california-immigration-arrests-probable-cause
http://www.memeorandum.com/250711/p114#a250711p114
House committee sets CISA budget cut at $135M, not Trump’s $495M
https://cyberscoop.com/cisa-budget-135m-dhs-2026-house-appropriations/
Chime priced its US IPO at $27 a share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing the company at $11.6B (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/06/11/chime-ipo-fintech.html
https://www.cnn.com/2025/07/11/politics/chinese-hackers-suspected-law-firm-hack Chinese hackers hacked into the most powerful telecom and communications law firm in DC and maybe the world. Founded by former FCC chairman and true gentleman Dick Wiley.
A look at Apple's vision for Apple TV and its film business, as Tim Cook says the company's $200M bet on the F1 movie is about more than selling iPhones (Cynthia Littleton/Variety)
https://variety.com/2025/film/news/f1-apple…
Medium CEO says the company has been profitable since August 2024 and details its financial turnaround after losing $2.6M per month in 2022 (Tony Stubblebine/The Coach Life)
https://medium.com/the-coach-life/fell-in-a-hole-got-out-381356ec8d7f
The UK passes the Data (Use and Access) Bill, criticized by creatives, without an amendment to force companies to declare using copyrighted material to train AI (Zoe Kleinman/BBC)
https://www.bbc.com/news/articles/c8e6z590wweo