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8:25 PM ET, July 2, 2026

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 Top News: 
Bloomberg:
Sources: ElevenLabs held early talks with investors on a secondary share sale for staff that would value the startup at ~$22B; it was valued at $11B in February  —  ElevenLabs has held early talks with investors to let employees sell shares in a secondary offering that would value …
RELATED:
Pragyan Kalita / Reuters:
ElevenLabs explores employee stock sale at $22 billion valuation, Bloomberg News reports  —  AI voice generation firm ElevenLabs is exploring a secondary share sale that would allow employees to sell stock, Bloomberg News reported on Thursday, citing people familiar with the matter.
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
Associated Press:
After a short-term hold, SCOTUS denies former Fox News reporter Catherine Herridge's bid to stay an $800-a-day fine if she refuses to reveal a source  —  The Supreme Court on Thursday declined to intervene after a judge ordered a former Fox News reporter to be fined $800 a day if she refuses …
Stephanie Stacey / Financial Times:
Spotify removed 500K+ streams of Malcolm Todd's Earrings after a 70% surge in 24 hours sent it to #1 on Spotify USA and coincided with suspicious Kalshi wagers  —  Platform removes more than 500,000 streams of Malcolm Todd track ‘Earrings’ on concern traders propelled it to number 1
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
Sam Neumann / Awful Announcing:
Missouri's AG office has opened a probe into claims that ESPN NFL Draft analyst Matt Miller paid slowly or not at all to some winners in fantasy leagues he ran  —  Edit by Liam McGuire, Comeback Media.  —  The Missouri Attorney General's Office has opened an investigation …
Angela Fu / Poynter:
Lee Enterprises, which owns the St. Louis Post-Dispatch and more, told its newspapers to run a three-story package on new chairman David Hoffmann on front pages  —  Some at the company say the unusual request raises questions about editorial independence  —  As the nation celebrates …
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.
Jack Dunn / Variety:
As The Onion relaunches Infowars, a Q&A with comedian Tim Heidecker about becoming its creative director, the launch lineup, conservative caricatures, and more  —  David vs. Goliath.  Rocky Balboa vs. Apollo Creed.  The Onion and Tim Heidecker vs. InfoWars and the Texas court system.
 
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 More News: 
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
Discussion: Deadline and Telecompaper
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
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: 
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
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
 

 
From Techmeme:

Business Insider:
Sources: Alexandr Wang said Meta's model currently in training, codenamed Watermelon, matches GPT-5.5 and uses an “order of magnitude more compute than Avocado”

Grace Kay / The Information:
Internal memo: Tesla plans to impose a $200-per-week limit for staff's AI spending beginning July 6; the tally excludes beta versions of xAI products

Cate Lawrence / Tech.eu:
UK-based StirlingX, which develops secure data intelligence systems for defense and critical infrastructure, raised a $20M Series A, following a $11M seed
 
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