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Situational Awareness, an AI-focused hedge fund, saw its value drop about 67% in July amid a broader AI stock rout, yet it remains up roughly 80% for the year 2026. The fund had intended to sell a $3.5 billion Anthropic position but ultimately backed out, retaining its Anthropic shares while having disposed of its public portfolio.
Samsung will hold a Galaxy Unpacked event on July 22 in London. The event is expected to debut new foldable devices, including a new wide-foldable model with a shorter and wider design.
Reddit has been fined roughly £14.5 million by the UK regulator for unlawfully using children’s personal information after the platform failed to verify user ages aggressively enough, relying on self-declaration. The company began implementing age-verification checks in July 2025 to meet UK online safety requirements.