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Amrith Ramkumar / Wall Street Journal : Luta Security CEO says US government restrictions on Mythos follow a jailbreak report by Amazon researchers and calls the restrictions a “complete overreaction” —  The Trump administration is banning foreign governments, companies and individuals from using Anthropic's …

Michael Peel / Financial Times : After years of false dawns, Big Tech, startups, and governments are betting on commercially useful quantum computers by 2030, as skeptics worry about hype —  Companies are betting on big implications for pharmaceuticals, financial services and crypto.  But sceptics worry about hype.

Christopher Mims / Wall Street Journal : An interview with Corning CEO Wendell Weeks on risk-sharing provisions that protect the company in multibillion-dollar fiber deals with Nvidia, Meta, and Amazon —  CEO Wendell Weeks remembers the dot-com crash and other hardships, and those lessons help him hedge even the most optimistic data-center bets

Daniel Tudor / Financial Times : South Korea's “semiconductor belt” town Dongtan has become one of the fastest-rising affluent areas, driven by windfall bonuses for Samsung and SK Hynix workers —  Windfall bonus for workers drives up property prices and department store purchases

Iris Deng / South China Morning Post : Huawei unveils HarmonyOS 7, introducing an “agent-friendly” architecture that connects to 2,000+ specialized AI agents and features an enhanced voice assistant —  HarmonyOS 7 introduces an agent-friendly architecture and upgraded AI assistant as Huawei seeks to capitalise on Apple's China AI gap

Lawrence Abrams / BleepingComputer : A Ukrainian extradited from Ireland to the US pleads guilty to conspiracy to commit wire fraud for his role in Conti ransomware attacks between 2021 and 2022 —  A Ukrainian national extradited from Ireland to the United States last year has pleaded guilty to conspiracy charges tied to the Conti ransomware operation.

Ananya Palyekar / Reuters : Anthropic says it believes the US government's export control order for Mythos 5 and Fable 5 is a “misunderstanding” and that it is working to restore access —  Anthropic said on Friday it has been ordered by the U.S. government to suspend access for all foreign nationals …

Sean Michael Kerner / VentureBeat : Moonshot AI releases Kimi K2.7-Code, claiming 30% lower reasoning token usage compared to K2.6, available under a modified MIT license —  Moonshot AI released Kimi K2.7-Code this week, an open-source update to its K2 coding model family, claiming leaner reasoning and double-digit performance gains.

Vicky Ge Huang / Wall Street Journal : Crypto-data provider Blockworks says it has acquired its rival Messari; source: Blockworks paid more than $10M for Messari, which was valued at $300M in 2022 —  Buyer pays more than $10 million for company valued at around $300 million in 2022  —  The crypto-data provider Blockworks …

Anthropic : Anthropic says it is disabling Fable 5 and Mythos 5 for all customers after the US government issued an export control order, citing national security concerns —  The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 …

Axios : Source: the US Commerce Department decided to block foreign persons from accessing Fable 5 and Mythos 5 after a company claimed it was able to jailbreak Mythos —  The Trump administration is blocking foreign governments, companies and individuals from accessing Anthropic's most advanced AI models.

Wall Street Journal : OpenAI was subpoenaed on Friday by a coalition of state AGs for documents covering a wide range of its activities and impact on users —  Company subpoenaed for documents covering wide range of its activities and impact on users  —  A coalition of state attorneys general has opened …

Wired : Sources detail frustration inside Meta's Applied AI team, formed in March to support Superintelligence Labs, over menial projects, “soul-crushing” work, more —  Executives and employees alike are struggling with Meta's chaotic AI strategy, according to sources and internal discussions reviewed by WIRED.

Yasmin Khorram / Politico : The US DOJ approves Paramount's $111B purchase of WBD without forcing divestitures or behavioral remedies; state AGs could still try to block the move —  In a statement, the Antitrust Division said its eight-month review “determined based on the evidence received in its investigation …

Vanity Fair : Sources: three ex-DOGE staffers are raising $130M from a16z, Sequoia, and others for a startup that aims to use AI to secure government systems —  The engineers who wreaked havoc on Washington are ready for their second act.  —  Some of Elon Musk's earliest Department of Government Efficiency recruits …

“When you’re talking about real innovators—people who actually do really creative, breakthrough work—I think you’re talking about a couple things:”

“The doers are the major thinkers. The people who really create the things that change this industry are both the thinker-doer in one person.”

“What a lot of free-market thinkers don’t understand is that between the demand and eventual supply lies friction."

"Does this person have the potential to be the next Mark Zuckerberg?… [You don’t get to] 100% accuracy, obviously, but it’s good enough that our business model works.”

In the clip below, Jony Ive recounts the time he asked Steve Jobs to be less harsh in his critique of a piece of work.

“The advice that I would give entrepreneurs is don't chase the hot new thing. It's so hard to catch something that everybody already knows is hot."

“I do think there’s a bit of a myth in Silicon Valley that you should keep grinding no matter what and it’s just about perseverance, and I think that’s really bad advice."

"You have to know who those first users are and how you're going to get them."

“What you want to do with every single employee every single day is expand the scope of their responsibilities until it breaks… and that’s the role they should stay in.”

“The way that you know you have product/market fit is if you have exponential organic growth."

“Work very, very hard to figure out what the world’s going to look like in five years. What will people be doing? What will your customers want? Where will costs be?"

"There’s the famous 80/20 rule where you get 80% of the benefit by doing 20% of the work, but you can’t just 80/20 everything. There have to be certain things that you are just the best at."

“A great superpower that Mark Zuckerberg has that is probably not well-understood enough is he does not get emotionally upset in stressful situations"

"If you start a startup without a good idea… you’ll be under pressure to make something up and it won’t work that well."

“One of the things that happens in business is that you develop certain things that you’re managing to—a typical case would be a metric. And that metric isn’t the real underlying thing.”

“If you can design something really amazing using the hand-crafted part of your brain, then you can reverse-engineer how to industrialize this millions of times over."

"If you’re actually trying to grow a product, the best levers for doing that are often within the product itself.”

“One thing I’ve learned myself the hard way, is that it is easier to tear down a company and restart it in Silicon Valley, than it is to constantly try to pivot or keep something alive."

“I have a saying, which is when the data and the anecdotes disagree, the anecdotes are usually right"

“If you can’t build a great product, it doesn’t matter if you can build a great company.”