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Tuesday, July 7, 2026 · 10 stories
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Apple has resumed accepting Visa and Mastercard credit and debit cards for App Store and subscription purchases in India after a nearly five-year pause. The company updated its systems to comply with RBI's 2021 card tokenisation rules, which require replacing stored card numbers with encrypted digital tokens. The rollout is phased, with RuPay support expected later.
AMD has invested in and will supply GPUs to Turing, a Japanese self-driving startup. The venture arm AMD Ventures led the backing, providing both capital and hardware to support Turing's autonomous vehicle development efforts.
OpenAI, Anthropic, and other top AI companies are offering startups token credits and special promotions. The AI companies seek lasting streams of revenue from these deals.
Samsung Electronics reported a preliminary 19-fold jump in second-quarter operating profit, driven by record-breaking memory chip sales and prices. The strong forecast eases recent concerns about the memory chip market. Samsung is one of the world's largest memory chip suppliers.
Huawei's upcoming Kirin 2026 chipset, debuting in autumn 2026, will be the first to implement Logic Folding technology. It increases transistor density from 155 million to 238 million transistors per square millimeter, a 53.5% gain over the Kirin 9030 Pro baseline, based on the company's Tao (τ) Law.
Samsung's first clip-on-style wireless earbuds will be called the Galaxy Able, according to an update to the Galaxy Wearable app. The earbuds, bearing model number SM-U600, are expected to launch in July alongside the Galaxy Watch 9 and Galaxy Watch Ultra 2.
SpaceX president Gwynne Shotwell will donate one SpaceX share each to roughly 2 million children through the Trump Accounts program, a pledge worth over $320 million at current prices. The donation comes from Shotwell's personal holdings, with emphasis on lower-income Texas families, weeks after SpaceX's record $75 billion IPO.
Mexican fintech Aviva raised $18 million in a Series A round led by Valor Capital Group, with participation from BID Labs, Caravela Capital, Endeavor, Wollef, Ignia, Krealo, and Newtopia. The company provides AI-powered loans of $100 to $1,000 via video-call kiosks to underserved individuals and small businesses. Total equity funding now stands at $34 million, with over $80 million in credit facilities secured.
Hive, a physical AI startup, raised a $15m pre-Series A round led by SuperSeed with Veriten, Skyfall, and Nysnø. The company's silicon brain and software automate industrial machines, cutting productive machine-hour cost by 80%. Founded in Norway in 2020 and headquartered in London, Hive sells autonomy-as-a-service for diggers, warehouses, and construction sites.
Younger workers face greater risks from AI automation due to their entry-level roles and limited experience. The technology threatens to replace tasks typically assigned to junior employees, potentially stalling career development and widening workplace inequality.
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