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The European Commission accepts Corning's offer to end exclusivity terms in its supply contracts, ending an antitrust investigation opened in November 2024 (Samuel Stolton/Bloomberg)
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Sources: Mark Zuckerberg has offered 10+ OpenAI researchers packages of $300M over four years, and asked OpenAI's Mark Chen if he would consider joining Meta (Wall Street Journal)
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Microsoft says it will no longer use China-based engineers to provide technical support to the US military, after a ProPublica report raised security concerns (Stephen Nellis/Reuters)
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Sources: Prosus offered to cut its 27% Delivery Hero stake to below 10% and give up its board seat to address EU concerns over its €4.1B Just Eat Takeaway deal (Foo Yun Chee/Reuters)
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Peter Thiel-backed crypto exchange Bullish files for an IPO, plans to trade on the NYSE, and reports a net loss of ~$349M on digital asset sales of $80M in Q1 (Bloomberg)
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Source: Blackstone has withdrawn from the consortium led by Susquehanna and General Atlantic seeking to invest in TikTok US, after considering a minority stake (Reuters)
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Ring reinstated its mission to "make neighborhoods safer" and reintroduced video sharing with police in April, as its founder led an overhaul since his return (Eugene Kim/Business Insider)
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S&P Global says Block will join the S&P 500 on July 23, after announcing Monday that ad tech firm The Trade Desk will also be added; XYZ jumps 9%+ after hours (Ari Levy/CNBC)
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Source: the CEO and the chief people officer of Astronomer were put on leave after a video of them cuddling on a kiss cam at a Coldplay concert went viral (Eleanor Hawkins/Axios)
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Adobe updates its Firefly video model and adds a beta Generate Sound Effects tool that can create custom sounds from text prompts and the user's voice (Sabrina Ortiz/ZDNET)
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Sources: Cursor maker Anysphere acquired Koala, an AI-powered CRM startup that raised a $15M Series A five months ago; Koala plans to shut down in September (Maxwell Zeff/TechCrunch)
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Clothing inventory monetization startup CaaStle's ex-CEO Christine Hunsicker is charged with defrauding investors of more than $300M over the past six years (Larry Neumeister/Associated Press)
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President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will "secure the dollar's status as the world's reserve currency" (Bloomberg)
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SPAC Insider: SPACs are booming in 2025, with 74 blank check companies going public so far in 2025, raising about $14.7B and beating 2022 total of $13.4B (Lucinda Shen/Axios)
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Google files a lawsuit in the US against 25 unnamed individuals in China, accusing them of operating the BadBox 2.0 botnet, compromising 10M+ devices worldwide (Jessica Lyons/The Register)
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BrightAI, an AI-powered service using custom chips and devices to monitor critical infrastructure, raised a $51M Series A, source says at a $300M valuation (Dina Bass/Bloomberg)
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Microsoft shuts down the Movies & TV storefront on the Microsoft Store on Windows and Xbox; users will continue to be able to access their past purchases (Zac Bowden/Windows Central)
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Germany-based Q.ANT, which is developing energy-efficient photonic processors for AI and high-performance computing, raised a €62M Series A (Tamara Djurickovic/Tech.eu)
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SEC Chairman Paul Atkins says the GENIUS Act is a "historic step" and the SEC is weighing an "innovation exemption" from regulations to incentivize tokenization (Bloomberg)
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Total crypto market value surpassed $4T for the first time, driven by altcoin rallies and US legislative momentum; Ether jumped 22% over the past five days (Sidhartha Shukla/Bloomberg)
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