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Top stories today: - Telegram CEO arrest wasn't political decision: French president
- Apple announces iPhone 16 event for Sep. 9
- SpaceX delays first-ever private spacewalk mission to check helium leak
- Anthropic publishes system prompts for latest Claude models
- U.S. seed, Series A, B and C median round sizes picking up again in H1
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0. Data and calendar |
 | All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). |
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 | All times are ET. |
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1. French President Macron argues Telegram CEO arrest "no way a political decision" |
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Durov is expected to be released by October, according to betting markets |
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Telegram app jumped to #1 in social networking on the App Store in France |
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3. Apple announces iPhone 16 event for Sep. 9 |
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"It's Glowtime": Apple's event theme refers to the new Siri assistant. iPhone 16 Pro models rumored with screen and camera upgrades. New Apple Watch models & AirPods 4 may join iPhone 16 series.
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4. SpaceX delays first-ever private spacewalk mission to check helium leak |
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No earlier than Aug. 28: new launch date. Aug. 27: original launch date. SpaceX's lead engineer Gillis will join the mission with Anna Menon, Jared Isaacman & Scott "Kidd" Poteet.
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5. Anthropic publishes system prompts for latest Claude models |
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Regular system prompt disclosures planned by Anthropic. Can't open URLs or do facial recognition, prompts show. "Very smart" appearance aimed by Claude 3 Opus prompts.
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6. U.S. seed, Series A, B, and C median round sizes picking up again in H1 |
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Seed and Series A saw all-time highs in their median round sizes. Series B and C saw increases, but reached levels still below 2021 peaks. Larger funding rounds concentrate bets in 2024.
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7. Chinese crucial semiconductor material controls hitting supply chains |
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Export controls raise gallium costs far more outside of China. China produces 98% of world's gallium supply. 60% of world's germanium supply produced by China. Shipment approvals delayed 30 to 80 days.
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Germanium prices +52% since June to $2,280/kg in China |
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8. Interesting videos, posts, and memes |
 | The charges against Pavel Durov, the future of encryption, and secondaries are heating up | E1998 |
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 | Imran Khan: Why the IPO Market is Not Closed & Lessons From Taking Snap & Alibaba Public | E1194 |
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 | Transportation Engineer Fixes the Roads in This Iconic Photo | WSJ Pro Perfected |
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9. Other headlines |
AI |
OpenAI, Microsoft, Adobe support California AI bill requiring watermarking. Elon cautiously supports CA's SB 1047 AI safety bill. Amazon could launch delayed Alexa overhaul in Oct. for $10/month. Inflection to cap free access to AI chatbot Pi in coming months.
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Tech |
Apple to replace CFO Luca Maestri on Jan. 1. Google delays Android 15 rollout for Pixel devices to Oct. from Sep. Australia's Zip in talks with Apple for buy-now-pay-later integration. Amazon aggregators Branded, Heyday plan merger. PDD reports Q2 revenue +86% to $13.6B, net income +144% to $4.5B.
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Tech & law |
Zuckerberg regrets Meta's silence on COVID-19 content pressure. Media Matters probe by Missouri's AG halted by district judge. Care.com to pay customers $8.5M in FTC settlement.
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Biotech |
ARDD 2024: 160+ speakers, largest ever. Openwater wants to transform healthcare with open-source, drug-free tech. New mpox strain is changing faster than expected: Scientists. Singapore approves Bavarian's mpox vaccine Jynneos.
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Business |
Canada imposes 100% import tariff on Chinese EVs. Kroger, Albertsons defend merger from antitrust enforcers. Skydance set to close Paramount deal after Bronfman drops out. BYD to use Huawei's autonomous driving system in off-road EVs.
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Crypto |
Abra settles with SEC over unregistered securities claim. SEC charges 2 brothers in $60M ponzi using crypto platform. PYUSD, PayPal's stablecoin, crosses $1B market cap.
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U.S. politics |
Harris's tax plan raises taxes on rich by $5T, cuts on others by $4T. Special counsel urges appeals court to reinstate docs case against Trump. Tulsi Gabbard endorses Trump. Trump hits Harris over "humiliation" in U.S.'s Afghan exit. RFK Jr. says he was asked to join Trump's transition team. U.S. nuclear missile silos need modernizing, but face delays.
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World |
Russia attacks Ukraine's power grid in "most massive" attack. Zelensky asks West to lift weapons restrictions. Gaza ceasefire talks in Cairo continue to iron out details: White House. Jake Sullivan arrives in Beijing for 3-day talks. North Korea border-crosser to plead guilty. Japan says Chinese military's airspace violation is unacceptable.
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