Global efforts to regulate AI are gaining traction, with the UK proposing tighter online safety laws and India pushing for an 'AI commons' for social good, amidst US political debate where Trump administration opposes a safety bill. Meanwhile, the business landscape is rapidly transforming, as software companies rebrand as AI innovators, and concerns rise over AI's impact on employment and control over employee knowledge.

• UK to tighten online safety laws to include AI chatbots — Financial Times -
• Trump leans on Utah Republicans to scrap AI safety bill — Financial Times -
• Workers Are Afraid AI Will Take Their Jobs. They’re Missing the Bigger Danger. — Wall Street Journal -

• Software? No Way. We’re an A.I. Company Now! — The New York Times Business -
• India seeks to broker consensus on global ‘AI commons’ — Financial Times -

The corporate landscape is abuzz with major deals, including **Qube's $6.51 billion takeover by a Macquarie-led consortium and Warner Bros. potentially re-engaging with Paramount amidst its Netflix agreement, while the entertainment industry sees box office success with 'Wuthering Heights' and innovative product placement, and faces activist investor battles and concerns over media independence in Israel**.

• Qube Agrees to Macquarie-Led Consortium Takeover Valuing It at $6.51 Billion — Wall Street Journal -
• Warner Bros. Is Said to Consider Reopening Talks With Paramount — The New York Times Business -
• ‘Wuthering Heights’ Gallops Toward $82 Million in Global Ticket Sales — The New York Times Business -

• How Blockbuster Films and Bingeworthy Streaming Hits Slipped Into Our Showers — Wall Street Journal -
• Baillie Gifford backs CoStar in activist battle — Financial Times -
• Billionaires and Bibi: the TV deal raising fears in Israel — Financial Times -
• How to get to TV heaven? From Belfast — Financial Times -

The Trump Administration is implementing new policies, ending credits for car start-stop features and raising cash for lavish diplomatic events, while President Trump's 'Board of Peace' meets and he targets public golf courses for development, amid concerns over potential government shutdowns impacting TSA workers.

• Trump Administration Ends Credit for Start-Stop Feature in Cars — The New York Times Business -
• Like Trump, U.S. Embassies Are Raising Cash for Lavish July Fourth Parties — The New York Times Business -
• Trump’s Board of Peace gathers in Washington for first meeting — Financial Times -

• Trump sets his eyes on a new Washington trophy: public golf courses — Financial Times -
• Bad Bunny and the real America — Financial Times -
• T.S.A. Workers Brace for Another Shutdown They Didn’t Cause — The New York Times Business -

Geopolitical tensions remain high as Russia's Wagner Group is reportedly pivoting to European sabotage, while Ukraine's mayor warns its survival is an 'open question', US diplomatic efforts in Europe struggle for unity, and Venezuelans cautiously celebrate initial signs of political reform.

• Russia’s Wagner Group pivots to European sabotage, say western officials — Financial Times -
• ‘We are not afraid’: Venezuelans celebrate first glimpse of reform — Financial Times -
• ‘The best we can hope for’: Rubio’s Munich unity appeal fails to woo Europe — Financial Times -

• Ukraine’s survival still an ‘open question’, Kyiv mayor warns — Financial Times -

Global economic indicators present a mixed picture, with concerns over the US economy's fourth-quarter performance and Britain's political instability impacting confidence, while Canada boosts its defense manufacturing for job creation, Swiss companies worry about the rising Franc, and China's H World plans massive hotel expansion alongside the rise of energy innovations like floating gas factories and shifts in agricultural family businesses.

• Did the US economy show any cracks in the fourth quarter? — Financial Times -
• Britain’s penchant for self-destruction — Financial Times -
• Ottawa’s shift away from US defence manufacturers aims to create 125,000 jobs — Financial Times -

• Will 2026 Be the Year of the ‘Soonicorn’? — The New York Times Business -
• What C.E.O.s Are Worried About — The New York Times Business -
• Trade or trap? Japan investors bet on Takaichi after landslide — Financial Times -
• Franc’s relentless rise alarms Swiss companies — Financial Times -
• H World aims to be ‘Marriott of China’ with 20,000 hotels — Financial Times -
• The rise of the floating gas factory — Financial Times -
• Farmers Are Aging. Their Kids Don’t Want to Be in the Family Business. — Wall Street Journal -

The next frontier of space exploration heats up as tech billionaires Jeff Bezos and Elon Musk engage in a renewed rivalry focused on lunar development and a moon base.

• Bezos vs. Musk: The New Billionaire Battle for the Moon — Wall Street Journal -