Echo Wang / Reuters:: The lock -based lender increases its IPO and now plans to sell 31.5 million shares at…
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- President Trump bought up to $5 million each in Broadcom, Meta, Amazon, Apple, Microsoft and Nvidia stock on July 23, the same day as his AI action plan (New York Times)
- A survey of American adults found that 56% supported banning social media for those under 16, while 21% opposed it; majorities across demographic and partisan groups support a ban (Pew Research Center)
- A draft EU proposal dated June 30 shows the bloc considering looser climate impact rules for gas-fired data centers, after intense lobbying from tech groups (Financial Times)
- India-based parent company of short-form video app ShareChat, Mohalla Tech, plans to raise up to $400 million in an IPO in 2027; ShareChat has around 65 million monthly micro-drama viewers (Sankalp Phartiyal/Bloomberg)
- Trump fears no one will show up for his July 4 speech
- Higharc, which uses AI to help homebuilders with design and construction, raised a $95 million Series C round led by Insight Partners, bringing its total funding to more than $170 million (Lauren Ohnesorge/Triangle Business Journal)
- Automakers report mixed U.S. sales results as hybrids drive market
- Alex Karp calls U.S. reliance on AI labs for military technology ‘crazy,’ discusses AI costs for businesses and touts Palantir’s Nvidia Nemotron deal for U.S. agencies (Ty Roush/Forbes)
