Stripe and Advent International have made a joint takeover bid for
PayPal. They proposed paying $60.50 a share for PayPal in a deal that values
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TLDR
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TLDR 2026-07-16
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BIG TECH & STARTUPS
STRIPE AND PRIVATE-EQUITY FIRM ADVENT OFFER TO BUY PAYPAL (2 MINUTE
READ) [8]
Stripe and Advent International have made a joint takeover bid for
PayPal. They proposed paying $60.50 a share for PayPal in a deal that
values the fintech company at around $53 billion. PayPal was valued at
around $42 billion as of Friday. The company is currently in the early
stages of orchestrating a turnaround under a newly appointed chief
executive. There are no guarantees that PayPal will be receptive to
the offer, as it has previously peaked at more than $300 a share.
UBER AND WAYMO ARE SPARRING. THE ROBOTAXI FUTURE HAS ARRIVED (6
MINUTE READ) [9]
Waymo and Uber are nominally partners. However, these days, the two
companies are trading thinly veiled jabs in a gathering lobbying
battle. An Uber representative highlighted at a public hearing this
week how the company's drivers spend their earnings and pay taxes
locally, while robotaxi profits flow to unnamed companies based
elsewhere. A Waymo representative conceded that robotaxis would mean
job losses, but noted that rideshare companies control drivers'
earnings and are taking a significant chunk for themselves.
🚀
SCIENCE & FUTURISTIC TECHNOLOGY
ALZHEIMER'S BLOOD TESTS OFFER NEW PROMISE TO DIAGNOSE AND PREDICT THE
DISEASE (12 MINUTE READ) [10]
Blood tests for Alzheimer's disease could eventually transform the
way the disease is diagnosed and even predict who might develop it and
when. There are still questions about their accuracy, so they
shouldn't be used diagnostically for people who don't have cognitive impairment. However, they appear to be effective for predicting risk
when paired with other factors. There are currently no treatment
options available for people without symptoms, but that could change
in the next couple of years as some therapies are currently in
clinical trials.
THE FIGHT OVER HUMANOID ROBOTS HAS SHUT DOWN A CAR FACTORY FOR THE
FIRST TIME (8 MINUTE READ) [11]
Hyundai's auto workers in South Korea have gone on a partial strike
to demand pre-emptive action in response to the threat of humanoid
robots. Workers are demanding job security against future industrial
shifts as humanoid robot technology improves. Hyundai plans to deploy
its Atlas humanoid robot by 2028 at its nonunionized Metaplant factory
complex in Georgia. The company says it is committed to constructive
engagement with the union to reach an agreement that supports the
long-term interests of both employees and the company.
💻
PROGRAMMING, DESIGN & DATA SCIENCE
AI SECURITY IS NOT CYBERSECURITY (SPONSOR) [12]
Your AI agent can cheerfully leak IP to 3rd parties without
triggering any SIEM alert. How do you build controls to defend against
plain language attacks? Gray Swan's AI Security 101 eBook [13] - based
on research cited by frontier labs - looks at actually-working ways to
govern AI risk. Get your copy [13]
WHY WE STOPPED USING SDKS (10 MINUTE READ) [14]
SDKs are supposed to save developers time, but AI has changed the
cost curve. Integrating with an SDK is often as much work as calling
the HTTP API directly. It is now cheap to write a tailored REST client
for exactly the endpoints developers need to use while providing
better unified observability. Instead of shipping SDKs, companies will
likely start shipping agent skills that teach agents how to call the
API correctly, reuse the right patterns, and avoid pushing every
runtime call through a vendor package.
THE MARGINAL COST OF CORRECTNESS (7 MINUTE READ) [15]
The marginal cost of correctness is going to zero. Engineers used to
be able to differentiate themselves with raw technical talent, but
this is becoming less true as agents are empowering anyone to write
correct code. The most important skills to develop now are the ability
to smell things out that just aren't right and the willpower to make
them so.
🎁
MISCELLANEOUS
MIRA MURATI'S AI STARTUP RELEASES FIRST MODEL IN BID TO LOOSEN AI
GIANTS' GRIP (5 MINUTE READ) [16]
Thinking Machines Lab released its first AI model yesterday. Inkling
has 975 billion parameters and is trained to be a broad, balanced
foundation model. It is strong across many domains and flexible enough
to adapt. The model is designed to balance cost against performance
rather than for raw power. It can be customized through Tinker, a
cloud-based fine-tuning tool for AI developers and researchers that
Thinking Machines released last year.
THIRD-PARTY APP STORES COMING TO GOOGLE PLAY NEXT WEEK AS EPIC
SETTLEMENT WITHDRAWN (5 MINUTE READ) [17]
Google will begin distributing rival app stores starting next week.
These stores will have access to the full catalog of Google Play apps
by default. Google is allowed to charge reasonable fees to cover its
security and compliance review of third-party stores. Stores are
required to block malware, respect intellectual property, and include mechanisms to update and uninstall apps. App stores can be removed
from the program if more than 2% of attempted app installs appear to
be malware or unwanted software.
⚡
QUICK LINKS
FORGETTING NEXT STEPS AFTER A MEETING? IT'S NOT A YOU PROBLEM
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No human can keep track of every back-to-back... but AI can. Download
Granola. Run it in the background. Never miss a decision or an action
item again. Free month [19] with code TLDR1MO
GROK BUILD (GITHUB REPO) [20]
Grok build is a terminal-based AI coding agent that can understand
codebases, edit files, execute shell commands, search the web, and
handle long-running tasks.
OPENAI LAUNCHES A PHYSICAL KEYPAD FOR CONTROLLING AGENTS (1 MINUTE
READ) [21]
The Codex Micro is a keyboard created specifically for controlling
OpenAI's Codex AI agent.
CHINA WANTS MORE BABIES—SO IT'S CRACKING DOWN ON CHATBOT LOVE
AFFAIRS (3 MINUTE READ) [22]
China has introduced regulations that forbid chatbots designed for companionship from encouraging emotional reliance and having
relationships with minors, and companies are now required to alert a
person's emergency contact if they detect an emotional crisis.
YOU ONLY NEED THE FRONTIER MODEL FOR ONE SINGLE EDIT (6 MINUTE READ)
[23]
Prefill works as a jailbreak because it isn't just a funny quirk,
it's how models work.
SPACEX UNVEILS STARLINK NEXT-GEN V5 KIT: HERE'S WHAT'S NEW (2 MINUTE
READ) [24]
The new V5 Starlink kit features a dramatically smaller and lighter
form factor.
AIRBNB'S COST OF MARKET CREATION AND REGULATORY SURVIVAL (7 MINUTE
READ) [25]
The evidence shows that Airbnb has a negligible impact on rent and
housing prices.
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