A 140-strong consortium including Visa, Mastercard, Stripe and Coinbase has launched Open USD, a shared-governance stablecoin aimed at Circle and Tether.

Singapore’s OCBC plans to raise annual technology spending to more than $771mn, per Bloomberg, as CEO Tan Teck Long pushes AI, data and digital deeper.

Lime priced its Nasdaq IPO at $25 a share, the midpoint of its range, raising roughly $174m and valuing the scooter firm near $1.7bn.

Vimeo owner Bending Spoons and its backers raised $1.68bn, pricing shares at $29 above range, in one of Europe’s biggest listings of the year.

A US judge refused to toss claims from 29 states that Meta addicted children, and handed the states an early win on child-privacy law.

The US Commerce Department has lifted export controls on Anthropic’s Claude Fable 5 and Mythos 5, and access begins returning on 1 July.

Korea's competition watchdog says Google leaned on game developers to favour Play, flagging a possible fine near $547m.

June PMI data shows the AI boom lifting factories from China to Japan, offsetting the drag from a Middle East conflict pushing up costs.

Microsoft is preparing to cut under 2.5% of its staff as soon as next week, hitting sales, consulting, and Xbox, Business Insider reports.

Blue Origin CEO Dave Limp says the root cause of the May explosion remains unknown, with early analysis pointing to the aft section of the first stage.

Apple is breaking security fixes out of its annual iOS cycle and pushing them sooner, citing AI’s ability to compress the window attackers need.

Hundreds of contractors on a Meta project posed as teenagers to test how ChatGPT, Gemini and Character.AI handle suicide, drugs and sex, WIRED found.