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  • Apple Unveils $599 MacBook Neo Laptop

Apple Unveils $599 MacBook Neo Laptop

Kraken gains Federal Reserve payments access, Spain rebukes Trump tariff threats, and sleep tech startup Eight Sleep raises $50M funding.

Welcome back to your daily memorandum talking tech, business, AI, markets, and more. 🗞️

In today’s edition, we are tackling the following:

đź’° Kraken wins direct access to the Federal Reserve payment system.
đź§  Anthropic investors push to resolve escalating Pentagon AI dispute.
🌍 Spain rejects Trump trade threats, backing coordinated EU response.
🔓 Global authorities dismantle massive LeakBase cybercrime forum.
🛏️ Sleep tech startup Eight Sleep raises $50M funding.

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TECHNOLOGY

  • Apple announces $599 MacBook Neo running A18 Pro chip (Tom's Hardware)

    More: 9to5Mac, MacRumors

    • Apple's first sub-$600 laptop, the MacBook Neo, starts at $599 and features an A18 Pro chip, a 13-inch Liquid Retina display, and up to 16 hours of battery life.

    • It comes in four vibrant colors: silver, indigo, blush, and citrus, the most colorful Apple laptop lineup since the iBook G3 in 1999.

    • It includes two USB-C ports, Dolby Atmos speakers, a 1080p webcam, and Touch ID on select configurations; it targets Chromebook and low-end Windows users directly.

  • A possible US government iPhone-hacking toolkit is now in the hands of foreign spies and criminals (Wired)

    More: TechCrunch, 9to5Mac

    • Google and iVerify identified "Coruna," a sophisticated iOS exploit kit using five attack chains and 23 vulnerabilities, targeting iPhones running iOS 13 through 17.2.1.

    • The toolkit bears hallmarks of US government-built tools, sharing components with Operation Triangulation, which Russia blamed on the NSA in 2023.

    • After leaking from government hands, Coruna has been used by a Russian espionage group against Ukrainians and by cybercriminals in crypto-theft campaigns compromising an estimated 42k devices.

  • Claude was reportedly used by the US military to help select targets during Iran strikes (Washington Post)

    More: Futurism, Fortune, Axios

    • Reports indicate Claude was used by US military personnel in the hours following Trump's ban on Anthropic, assisting in strike planning and target selection during the Iran operation.

    • The revelation significantly complicates Anthropic's public stance that it refused DOD demands precisely to prevent autonomous or strike-adjacent military use of its technology.

    • Anthropic has not confirmed the reports; the episode adds new pressure on CEO Dario Amodei as investors push to de-escalate the Pentagon dispute before further business damage.

BUSINESS

  • Anthropic investors push to de-escalate Pentagon clash over AI safeguards (Reuters)

    More: Fortune, Axios

    • Investors, including Amazon and Lightspeed, are urging Anthropic to find a resolution with the Pentagon, fearing an extended clash could devastate the company's enterprise business.

    • Some investors are also reaching out to contacts in the Trump administration to tamp down tensions, focused on avoiding a ban from all Pentagon contractors, per seven sources.

    • One investor described it as "an ego and diplomacy problem," noting Amodei can no longer back down without alienating the employees and consumers who rallied to Anthropic's side.

  • Kraken becomes first crypto firm to win access to the Fed's core payments system (WSJ)

    More: Bloomberg, CoinDesk

    • Kraken Financial, the exchange's Wyoming-chartered banking arm, was granted a Federal Reserve master account, the first such approval ever given to a crypto firm.

    • The account gives Kraken direct access to Fedwire, allowing it to settle dollar payments without routing through intermediary banks, meaningfully reducing costs and delays for institutional clients.

    • The approval is limited, no interest on reserves or Fed emergency lending, but signals a historic shift in how regulators view crypto firms' role in the US financial system.

  • Eight Sleep raises $50M at $1.5B valuation (TechCrunch)

    • Eight Sleep, maker of the Pod smart mattress cover that regulates sleep temperature with AI, raised $50M in a growth round valuing the company at $1.5B.

    • The round will fund the expansion of its hardware and software ecosystem, including its health coaching platform and the upcoming Pod 5 device.

    • Eight Sleep counts NBA teams, elite athletes, and biohackers among its core customer base, and has been one of the fastest-growing companies in the sleep-tech category.

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MARKETS

S&P

6,879

+0.92%

NASDAQ

22,942

+1.05%

Dow

50,214.43

+0.76%

10-Year

4.08%

↑ ~0.02 pp

Bitcoin

71,923

+3.22%

Gold

5,185

+1.20%

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WORLD

FUTURISM

  • OpenAI says it will let users add trusted contacts to an alert if they experience a mental health crisis (Futurism) 

    • OpenAI announced a forthcoming "trusted contact" feature that will notify a user's designated loved one if ChatGPT detects possible signs of a mental health crisis during a session.

    • The move comes amid 13 consumer safety lawsuits and extensive reporting linking intensive ChatGPT use to psychosis, delusional spirals, and at least one teen suicide.

    • OpenAI still does not warn new users that extensive use could worsen mental health conditions, making the opt-in feature reactive rather than a systemic acknowledgment of risk.

  • This startup claims it can stop lightning and prevent catastrophic wildfires (MIT Technology Review)

    • Vancouver-based Skyward Wildfire raised $5.7M, claiming it can suppress lightning using cloud seeding with aluminum-coated glass fibers; the same metallic chaff that militaries use to jam radar.

    • The company quietly removed its website claim of preventing "up to 100% of lightning strikes" after MIT Technology Review began asking questions.

    • Scientists remain skeptical, citing unanswered questions about efficacy, the volume of material required, environmental impacts, and the absence of peer-reviewed methodology.

  • Humongous numbers of people are uninstalling ChatGPT as anti-OpenAI sentiment surges (Futurism)

    • ChatGPT mobile app uninstalls spiked 295% on Saturday compared to the prior day, per Sensor Tower, against a typical day-over-day uninstall rate of just 9% over the preceding 30 days.

    • Claude's installs surged 37% on Friday and a further 51% on Saturday as users switched following Anthropic's refusal to strike the same military AI deal as OpenAI.

    • Claude reached #1 on the US App Store over the weekend, dethroning ChatGPT for the first time, while OpenAI's daily downloads fell 14% on Saturday alone.

CONTENT

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EXTRAS

  • Sony pulls back from PlayStation games on PC (Bloomberg)

    More: Push Square, GameSpot, TechSpot

    • Sony is scaling back its push to bring PlayStation exclusives to PC, citing disappointing sales performance and concerns about cannibalizing PS5 hardware attachment.

    • The company plans to slow the cadence of PC ports and re-evaluate which titles are worth releasing on the platform, according to sources familiar with the decision.

    • The reversal marks a notable pivot from Sony's post-2020 strategy of treating PC as a key revenue channel, and comes as PS5 hardware sales growth has plateaued.

  • Apple gives in to temptation and renames its CPU cores (Six Colors)

    More: MacRumors, MacRumors (MacBook Pro), Ars Technica

    • Apple quietly renamed its CPU core architecture in the M5 lineup, replacing the "efficiency" and "performance" core labels with new "super cores" and "performance cores" terminology.

    • The rename aligns Apple's language more closely with competitors and reflects the M5's new 6-super-core architecture, which Apple claims includes the world's fastest CPU core.

    • The naming shift matters for how Apple markets against Intel and Qualcomm — "super core" framing communicates the performance gap more viscerally to mainstream consumers.

  • Google proposes to share the Play Store catalog to resolve the antitrust case (Bloomberg)

    More: 9to5Google, TechCrunch, The Verge

    • Google has proposed allowing rival app stores to access its Play Store catalog as part of a settlement offer in an ongoing antitrust case over its dominance of Android app distribution.

    • The offer would let competing storefronts offer the same apps available on Play without developers having to submit separately, potentially lowering barriers to alternative Android marketplaces.

    • Regulators are reviewing the proposal; critics argue it falls short of addressing the payment and revenue-sharing practices at the core of the antitrust complaint.

AND MORE

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