Is AI really a job killer? Some employers say they’re actually hiring more
Visa announced plans to eliminate 7% of its workforce, totaling 2,600 employees, with CEO Ryan McInerney citing AI as a factor in how work gets done. A ZipRecruiter survey found that 35% of recruiters expect AI to increase head count at their companies, while 24% said hiring had already increased due to AI.
Robinhood Crypto Revenue Tops Estimates Despite 38% Drop, How Will Stock React?
Robinhood's second quarter cryptocurrency transaction revenue reached $100 million, exceeding analyst expectations of $86.6 million despite declining 38% year-over-year. Total net revenues increased 32% to $1.31 billion while diluted earnings per share grew 48% to $0.62.
OpenAI is giving 100,000 scientists free AI. Here’s how it can afford to.
OpenAI is offering 100,000 academic researchers free access to its frontier models through 2027, beginning with 10,000 users this summer. The programme scales to reach the full 100,000 researchers by the end of the rollout period.
Meta Revenue Beats, But AI Spending Crushes Profit Margins: Will the Stock Surge?
Meta's operating margin fell to 31% from 43% due to AI infrastructure spending, legal charges, and severance costs despite beating revenue expectations. The company's stock price dropped 5.06% to $556 in after-hours trading as investors reacted to higher projected capital spending.
Lonely North Carolina 4-year-old brings neighborhood of strangers together with his friendly wave
A 4-year-old boy in North Carolina named Roman Butzlaff waved at his neighbors daily from his yard, eventually connecting with multiple people on his block. His consistent friendly gestures transformed a neighborhood of strangers into a community where residents now serve as adoptive grandparents to him.
Enterprise AI agents can't talk to each other, can't be trusted with permissions, and can't be audited — 5 startups are already fixing that
Enterprise AI agents lack infrastructure to communicate, be authorized, and be audited effectively. Five startups are developing solutions including BAND, which creates a coordination layer allowing agents to discover each other, delegate tasks conversationally, and return summarized results to users.
Binance.US Reportedly Plans CFTC License Bid to Launch Prediction Markets
Binance.US plans to apply for a Commodity Futures Trading Commission license next month to operate prediction markets for US customers. CEO Stephen Gregory announced the timeline at the Rare Evo conference in Las Vegas, though no filing has yet been submitted to the agency.
BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm
BMW is cutting approximately 8,000 jobs in Germany by the end of 2027 and will use Qualcomm technology for its vehicle computing systems over the next decade. The job reductions will occur through a voluntary redundancy scheme affecting administrative roles.
Uefa calls emergency meeting as opposition to Fifa plan hardens
Uefa is holding an emergency meeting Thursday with its 55 member nations to coordinate opposition to Fifa's plan for selling World Cup stakes to private investors. A potential European boycott of Fifa tournaments, including possibly the Women's World Cup, is being considered as a response option.
This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials
Qureight raised $20 million in Series B funding to build a single foundation model covering the entire chest instead of creating separate models for individual diseases. The Cambridge startup develops AI imaging tools for lung and heart clinical trials, with the foundation model allowing it to derive additional applications.
Montana Teen Uses Rodeo Lasso to Rescue Drowning Man on Yellowstone River
A 14-year-old boy used a rodeo lasso to rescue a man drowning in the Yellowstone River by catching him around the neck and arm. Jory Thomas was spending the Fourth of July weekend at his grandparents' home when he performed the rescue.
How an overlooked geothermal plant got a second chance
Zanskar purchased a failing geothermal plant in New Mexico in June 2024 where underground reservoir water was cooling over time. The plant now operates at full capacity two years later using a new approach.
Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report
A Democratic senator supports the Clarity Act while proposing law enforcement modifications to the legislation. Lawmakers, predominantly Democrats, continue advocating for changes to the long-delayed bill.
Nimble claims its new, domain-specialized Web Search Agents cut token costs in half while boosting retrieval accuracy
Web Search Agents perform 21% more accurate research while consuming 51% fewer tokens than comparable AI search alternatives. The system combines self-learning retrieval strategies, proprietary web indexes, and live web access for domain-specific enterprise search capabilities.
Fifa opens disciplinary proceedings against Argentina over Falklands banner and final chaos
FIFA opened disciplinary proceedings against Argentina for displaying a Falkland Islands banner after their 2-1 World Cup semi-final victory against England. Players Paredes and Molina are also being investigated for involvement in a brawl following the final match.
NASA Sets Coverage for August Northern Hemisphere Total Solar Eclipse
A total solar eclipse will be visible on August 12 across parts of Greenland, Iceland, northern Russia, the Atlantic Ocean, Spain, and a small corner of Portugal. NASA will stream the eclipse live with multiple camera views and expert interviews across various online platforms.
Target SVP says its real AI moat isn't the models — it's everything built around them
Target's competitive advantage comes from the infrastructure and systems built around AI models rather than the models themselves. Agents at Target earn autonomy gradually and are deployed only for problems that create significant value, integrated across supply chain, replenishment, and demand forecasting systems.
Banc of California sees surprise $251.3M loss
Banc of California incurred a surprise $251.3 million loss after repositioning securities into shorter-duration, higher-yielding products. The bank launched a sale of $827 million in real estate and multifamily loans while retiring $385 million in debt.
NASA’s Curiosity Views a Sand-Capped Butte
NASA's Curiosity rover photographed a sand-capped butte nicknamed "Miraflores" measuring approximately 20 feet tall using its Mastcam on June 11, 2026. The formation occurred as surrounding rock eroded away over time, leaving the butte standing in a deepening valley.
NASA’s Curiosity Discovers a Field of Martian Polygons
Curiosity rover discovered a large field of polygonal surface features on Mars on sols 4,930 and 4,931, representing the densest concentration of these formations the rover has encountered. The 360-degree panoramic view captured these polygons spanning across a single expanse of terrain.
First Nations lead the return of salmon to Canada’s Upper Columbia River
Sockeye salmon are returning to Canada's Upper Columbia River between the Rocky and Purcell mountains after being absent for decades, with First Nations leading restoration efforts. Students from nearby schools have been raising the young salmon for five months before their release into the river.
USMNT coach Mauricio Pochettino, US Soccer in ‘final stages’ of agreeing on new contract
Mauricio Pochettino and US Soccer are finalizing a contract extension through the 2030 World Cup, with the coach earning significantly more than his current deal. Pochettino was hired in September 2024 and will continue leading the team beyond the 2026 World Cup.
Banking Lobby CEO Talks Crypto Clarity Act as Senators Race To Pass Bill
A bill called the Crypto Clarity Act has faced delays due to banking lobby opposition. Senators are working to advance the legislation, which aims to clarify cryptocurrency regulatory oversight between agencies.
Africa’s Wildfire Season Is Actually Getting Shorter, Scientists Think They Know Why
Africa's wildfire season is becoming shorter due to climate change reducing the length of the dry season, resulting in less land being burned. Africa accounts for 70% of the world's wildfires.
NASA’s Curiosity Mars Rover Discovers Field of Honeycomb Textures
Curiosity rover discovered honeycomb-textured polygonal fractures measuring 1.5 to 3 inches across while climbing Valle Grande on Mars. Mission scientists have now encountered these geometric shapes multiple times during their exploration of the Martian valley.
Understanding How Martian Auroras Are Made
Charged particles from solar storms strip away charged particles from Mars's atmosphere, contributing to atmospheric loss on the planet. NASA's MAVEN mission identified that Martian auroras form through processes involving this particle interaction with the solar wind.
Crypto Long & Short: What this year's $972 million crypto hacks actually tell us about security
Most of 2026's $972 million in stolen crypto came from compromised keys, signers, and governance failures rather than contract bugs. Security audits do not guarantee safety from these types of vulnerabilities.
‘People are loving it’: Formula One chief Domenicali hits back at critics of regulations
F1's chief executive defended new regulations emphasizing electrical energy management against driver criticism, stating fans are enjoying the sport more than ever. The season finale would move to Europe if the final two races in Qatar and Abu Dhabi are canceled due to Middle East conflict.
ChipAgents Expands Series A to $134 Million as AI Agents Move Deeper Into Semiconductor Design
ChipAgents raised an additional $60 million in Series A2 funding, bringing its total Series A to $134 million. The financing supports AI agents designed to automate semiconductor chip design and verification cycles.
InvestiFi, a Fintech Serving Community Banks, Credit Unions, Raises $20 Million
InvestiFi raised $20 million in growth capital led by Vibe Credit Union and supported by investors including BankTech Ventures and other credit unions. The fintech serves credit unions and community banks, though specific terms of the deal were not disclosed.