AI
Norm AI Raises $120 Million at $1.2 Billion - an AI Law Firm That Bills by Results, Not Hours
Norm AI raised $120 million at $1.2 billion today. Khosla leads, with Vanguard and TIAA also in. Its AI law firm bills by outcomes, not hours.
AI
Claude Cowork Hits Web and Mobile - One in Three Sessions Is Business Operations, Not Code
Claude Cowork hits web and mobile for Max subscribers today. Anthropic data shows 33.4% of sessions are business operations and only 8.7% involve code.
Apps
X Launches a Video Editor for iOS With Multilingual Captions and Green Screen
X launched a video editor for iOS today with multilingual captions and a Green Screen mode. Android gets skipped for now - the app is still being rebuilt.
AI
Fable 5 Exits Included Plans Tonight - $10/$50 Credits Start Tomorrow for Every Subscriber
Fable 5's free run on Pro, Max, and Team plans ends at midnight tonight. From July 8, it bills at $10/$50 per million tokens - Anthropic's most expensive model.
Industry
Netflix Viewers Drop Off After Season 1, and YouTube Has Already Passed It in Daily Viewing
Bloomberg data shows Netflix viewers dropping off after Season 1. YouTube already beats Netflix in daily viewing time, and microdrama apps hit $1.5B in 2025.
AI
iOS 27 Hits Public Beta With 12 Changes - New Siri App, Camera Vision, and Battery Focus
iOS 27 is in public beta with 12 confirmed changes - a Siri chat app, a Camera vision mode, Apple Intelligence for Shortcuts, and better battery life.
AI
Vercel Ships Eve and Sandbox and Bets Against Single-Lab AI Infrastructure
Vercel launched Eve and Sandbox at ShipNYC: models should be swappable, agents shouldn't lock to one lab. Gemini and DeepSeek are winning production share.
Industry
Bookshop.org Partners With Kobo to Give Indie Bookstores a Native E-Reader Channel
Bookshop.org partnered with Kobo to bring indie bookstore ebooks to Kobo devices natively. Amazon's DRM walls and retail stake mean Kindle won't follow.
Industry
Microsoft Cuts 4,800 Jobs Today - Xbox Loses 20% of Staff and Four Studios
Microsoft cut 4,800 jobs today. Xbox loses 3,200 positions this fiscal year, with four studios sold or spun off and the sales division rebuilt around engineers.
Apps
WhatsApp Is Rolling Out a Green Dot on iPhone to Show When Contacts Are Online
WhatsApp iPhone beta is adding a green dot for active contacts. Clears when they close the app, and respects your existing online status privacy setting.
AI
TwelveLabs Raises $100M and Signs AWS Trainium Deal to Scale Video AI
TwelveLabs raised $100M Series B with Amazon signing on as preferred cloud partner - new models will optimize for AWS Trainium and launch there first.
AI
UN Convenes 193 Countries in Geneva for First Global AI Governance Dialogue
UN AI governance talks opened July 6 in Geneva. 193 countries. Big Tech CEOs. A scientist warning of catastrophic harm. No binding rules from this week.