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2:00 PM ET, July 2, 2026

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 Top News: 
Jessica Toonkel / Wall Street Journal:
A look at Comcast co-CEO Brian Roberts' earlier bundling strategy for connectivity and content, and his plan now to unbundle in order to keep growing  —  Comcast co-CEO Brian Roberts spent his career building an integrated cable giant.  To grow, he now plans to split it apart
Discussion: Barron's Online and Puck
Bloomberg:
Bending Spoons, which owns Vimeo and AOL, closed up 40% in its US market debut on Wednesday at a $25.7B valuation, after raising $1.68B in its IPO  —  Bending Spoons SpA shares surged 40% above their initial public offering price after the company and some of its backers raised $1.68 billion.
Charlotte Tobitt / Press Gazette:
A photographer sues The Daily Mail in New York over “systematic” lifting of thousands of images from social media without permission from copyright holders  —  US copyright claim says Mail liabilities could run to $10m per year.  —  The Daily Mail is being sued over alleged …
Alice Brooker / Press Gazette:
The UK CMA is weighing new rules to allow UK app developers to direct customers to payment options outside of Apple and Google's platforms, bypassing their fees  —  CMA's mobile app requirements allow developers to steer users away from platform-controlled payments.
Discussion: MediaVoices
Zheping Huang / Bloomberg:
Kling AI, the Kuaishou AI video generator spin-off, raised $2B at a $15B pre-money valuation and says the round could extend to as much as $3B  —  China's Kling AI has raised an initial $2 billion in venture capital funding as the spinoff from Kuaishou Technology seeks to expand its video AI operations.
Samantha Elkins / NBC News:
Cloudflare sets a September 15 deadline for AI companies to differentiate their web crawlers into search, AI training, and AI agents or face being blocked  —  Cloudflare gave AI crawlers a September deadline to separate the bots that gather content for search from those that harvest …
Leo Barraclough / Variety:
Canal+ drops some TF1 channels in France, Switzerland, and Africa after talks fail; TF1 recently launched a Netflix distribution partnership in France  —  Pay-TV giant Canal+ Group has ceased distribution of a number of channels from French broadcaster TF1 Group in France, Switzerland and across Africa after negotiations broke down.
Discussion: Deadline and Telecompaper
Alex Weprin / The Hollywood Reporter:
Filing: Trump's earnings from Hollywood last year include $10.7M for Melania, tens of millions in legal settlements, Screen Actors Guild Pension, and more  —  A disclosure form reveals a $10.7 million fee for ‘Melania,’ legal settlements and a residual from ‘The View.’ It also suggests …
RELATED:
Rob Wile / NBC News:
President Trump's 2025 financial disclosures show $80M in income from settlements tied to his lawsuits against ABC, CBS, Meta, YouTube, and other companies
 
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 More News: 
Amos Barshad / Columbia Journalism Review:
Q&A with Tucker Carlson on media influence over Trump, whether legacy media can navigate this era, his NYT interview, planning a new political party, and more
Andrew Hutchinson / Social Media Today:
X launches Live Studio, an updated livestreaming hub within Creator Studio with a simplified desktop setup, chat control options, custom thumbnails, and more
 Earlier Picks: 
Dominic Ponsford / Press Gazette:
Google removed a Press Gazette story on “parasite SEO” company Clickout Media from search after a spurious takedown request was filed, the second time this year
The Guardian:
Canada will join the Eurovision song contest in 2027, becoming the first new participant since Australia in 2015; the contest will be held in Bulgaria
Nick Vivarelli / Variety:
The EU says Paramount has committed to exit its United International Pictures distribution JV with Universal as a condition for EU approval of its WBD merger
 

 
From Techmeme:

Financial Times:
Sources: OpenAI has discussed giving a 5% stake to the US government, seeking to clear political obstacles by securing buy-in from the Trump administration

Nikkei Asia:
Sources: Apple has told suppliers to prepare to produce ~10M foldable iPhones in 2026, up from 7M to 8M previously, and 80M iPhones in total across new models

Todd Bishop / GeekWire:
Microsoft invests $2.5B and forms a new company that will embed 6,000 staff with customers to design, deploy, and improve AI systems based on business outcomes
 
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