The timing is notable. PayPal, which owns Venmo, is restructuring to spin Venmo off as a standalone business unit — a move widely seen as laying the groundwork for a potential sale. Stripe has reportedly expressed interest in buying PayPal outright.
Shenzhen-based startup Even Realities secured $150 million in pre-Series B funding, valuing it at $1 billion. The company focuses on display-first smart glasses emphasizing privacy, unlike competitors prioritizing cameras and AI.
Amazon's Mechanical Turk, a crowdsourcing service launched in 2005, will close to new customers on July 30, 2026. While existing users can continue, Amazon Web Services will not introduce new features, signaling the service is on life support.
The Sourdough Sidekick automates sourdough starter management, feeding it flour and water on a schedule. While it works well for frequent bakers, design quirks like mandatory large discard amounts and noisy operation limit its utility for casual users.
Vizio's new Mini LED Quantum TV, acquired by Walmart, can be used as a 'dumb TV' by bypassing its Vizio OS and Walmart account requirements, offering great performance for its budget price.
Microsoft's Xbox division is in crisis, with reports of layoffs, studio closures, and game cancellations following costly, unsuccessful bets on subscription services like Game Pass. Despite billions spent, revenue has declined, leading to a strategic "reset" under new leadership.
Alibaba will ban employees from using Anthropic's AI programming tool Claude Code starting July 10, classifying it as high-risk. This follows Anthropic's own restrictions on Chinese companies and efforts to close access loopholes, including an experimental feature to identify Chinese users.
