πŸ”₯ Ismail Haniyeh Is Dead; Iran Swears Vengeance

Hamas political figure Ismail Haniyeh is dead, sparking widespread debate and rattling Gaza ceasefire efforts.

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While this growth showcases Texas's appeal for tech investment, it presents challenges in balancing development with infrastructure needs.

The situation is prompting innovative approaches to energy management and grid expansion, potentially positioning Texas as a leader in sustainable tech growth.

However, careful planning and substantial investment will be crucial to prevent power shortages and maintain grid reliability.

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Image: People hold up the Palestinian flag and a portrait of assassinated Hamas chief Ismail Haniyeh during a rally at Tehran University, in Iran's capital city, July 31, 2024, as Iran declares 3 days of mourning / AFP / Getty

Analysts who spoke with The New York Times say that Haniyeh's death will "shake but not destroy" Hamas, and that Hamas will "need to scramble" to replace the deceased leader.

Retaliation threats against Israel are on the rise following the assassination, Reuters reported. The region has been rattled by Haniyeh's death after the Islamic Revolutionary Guards confirmed the assassination.

Iran has "vowed revenge," the Washington Post wrote.

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Image: An ad from Meta’s ad library featuring powder spelling out β€˜DMT,’ a psychedelic drug / WSJ

Meta continues to run ads on Facebook and Instagram that promote illegal drugs, despite an ongoing federal investigation and company policies prohibiting such content.

The Wall Street Journal found dozens of these ads, while a watchdog group identified hundreds more over recent months, often redirecting users to drug marketplaces on other platforms.

Meta claims to be working on improving enforcement, but the issue persists, leading to concerns about the company's role in facilitating drug sales and tragic consequences for some users.

In other news…

New data reveals widespread exploitation of the H-1B visa lottery system by outsourcing and staffing firms, who game the process to secure a disproportionate number of visas, often for lower-paid workers, at the expense of other U.S. businesses and skilled immigrants.

The U.S. Copyright Office has urged Congress to enact new legislation to combat AI-powered impersonation, citing an "urgent need" to protect individuals from unauthorized digital replicas that pose threats to reputations and livelihoods.

German robotics firm Neura has released a video showcasing its humanoid robot 4NE-1 performing various tasks, as part of Nvidia's early access program for humanoid development tools, highlighting the growing interest and advancement in humanoid robotics.

DEALS & FUNDING

Image: U.S. Air Force photo by SrA Spencer Kanar

The JNWC, established in 2004, serves as the Department of Defense's center of excellence for navigation warfare, providing critical support in maintaining positioning, navigation, and timing superiority for the DoD and its partners.

Under the contract, CACI will assist combatant commanders in enhancing their ability to operate in challenging PNT environments through various means, including operational field assessments and threat simulations.

In other news…

The UK government has increased the budget for its annual renewable energy auction to Β£1.5B, primarily to support offshore wind development, as part of its efforts to boost green energy production and meet climate targets.

The U.S. is withholding $95M in assistance from Georgia's government due to the passage of an "anti-democratic" law requiring groups receiving significant foreign funding to register as foreign agents, a move criticized as similar to Russian legislation repressing political opposition.

Lineaje, a startup developing tools to detect and mitigate software supply chain threats, has raised $20M in Series A funding to expand its platform and pursue more public sector contracts, including work with the U.S. Air Force.

Microsoft capturing an estimated 70% of AI software spending through its Copilot tools and OpenAI partnership, despite a general trend towards more cautious and focused AI investments.

China is easing export controls on certain consumer drones and adjusting standards for drone components, effective September 1, in a move to support global supply chains while maintaining its stance against their use for military purposes.

OpenAI has endorsed 3 Senate bills aimed at shaping U.S. AI policy, including one that would formally establish the United States AI Safety Institute, as part of its efforts to support safe AI development and potentially influence future regulations.

Smaller pharmaceutical companies are increasingly competing with larger firms to acquire biotech startups, providing new exit opportunities for entrepreneurs and venture capitalists in a market where IPOs are less common.

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