💻Microsoft Faces Lawsuit Over AI Book Training | 📡 T-Mobile Launches Satellite-to-Phone Service | 💸 UK Unveils $4.5B Tech Investment

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Microsoft Sued by Authors Over AI Training Data

What Happened: Microsoft’s been hit with a lawsuit from a group of authors who allege the tech giant used their books—without permission—to train its Megatron AI model. The suit, filed in federal court, claims copyright infringement and seeks damages, adding to the mounting legal scrutiny over how AI companies source their data1.

Why It Matters: As generative AI tools become more powerful, the legal and ethical lines around training data are getting sharper. If courts side with authors, it could force Big Tech to rethink how they build AI—and possibly pay up for past “borrowing.”

T-Mobile’s T-Satellite Service Set to Launch in July

What Happened: T-Mobile will launch its T-Satellite service on July 23, bringing satellite-to-mobile connectivity for SMS, MMS, and more. The service will be included in select plans, aiming to fill coverage gaps where traditional cell towers don’t reach

Why It Matters: This could be a game-changer for rural users, travelers, and anyone who’s ever lost signal in the middle of nowhere. It’s also a shot across the bow for competitors—and a reminder that sometimes, the sky really is the limit.

UK Government Unveils $4.5B Tech Investment Plan

What Happened: The UK government announced a £3.5 billion ($4.5B) investment to turbocharge key tech sectors—AI, quantum computing, and telecoms—over the next decade. The move is designed to attract global investment and cement Britain’s status as a tech powerhouse3.

Why It Matters: This is more than just a cash splash. It signals a long-term bet on deep tech, and could spark a new wave of innovation, jobs, and maybe even a quantum leap or two. (And yes, the only thing moving faster than quantum particles might be government spending during an election year.)

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Markets are breathing easier after a Middle East ceasefire, with global stocks rallying and oil prices dropping nearly 15% from last week’s high56. The Big Tech Barometer is flashing green: FAANG stocks are buoyed by easing geopolitical tensions and renewed risk appetite. In Startup Land, funding for AI, climate tech, and fintech remains robust—San Francisco, New York, and Boston still lead, but Austin and Miami are catching up7. On the Infrastructure Watch, semiconductor demand is surging, especially for AI hardware, with chips projected to hit $67B in revenue this year8. The wild card? Robotics. Nvidia’s CEO just called it the company’s “biggest opportunity after AI”4. Investors are watching for Fed rate cuts as consumer confidence dips and the dollar slides, but the overall vibe: cautiously optimistic, with a side of “let’s see what tomorrow brings

S&P 500: $SPY ( ▼ 0.43% ) 

DowJones: $DJI ( ▼ 0.98% ) 

Nasdaq: $QQQ ( ▲ 0.09% ) 

German DAX: $DAX ( ▼ 1.31% ) 

Indian NIFTY: $NIFTY50.NSE ( ▼ 0.27% ) 

Bitcoin: $BTC.X ( ▲ 0.49% ) 

Ethereum: $ETH.X ( ▲ 5.7% ) 

Bitcoin Bounces Back, Altcoins Hit the Brakes

What Happened: Bitcoin surged past $107,000, reclaiming dominance after a brief bearish spell triggered by Middle East tensions. Meanwhile, top altcoins like Ethereum, XRP, and Solana entered a consolidation phase, each down around 1% as traders rotated back into BTC9.

Why It Matters: The market’s mood is shifting—fear and greed are in balance, and the altcoin season index is at 17, signaling a Bitcoin-centric market. Over 81,000 traders were liquidated in the last 24 hours, proving that crypto’s volatility is still the only thing more reliable than your morning coffee9.

BAY Miner Launches AI-Powered Cloud Mining

What Happened: BAY Miner unveiled an AI-driven cloud mining platform supporting Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin. The service promises daily passive income, no hardware required, and aims to meet the growing demand for multi-currency mining11.

Why It Matters: This marks a new era for passive crypto investment, lowering barriers for retail users and potentially fueling the next mining boom. It also underscores the growing intersection of AI and blockchain tech—if your mining rig starts telling dad jokes, don’t say we didn’t warn you.
Further Reading: CoinDesk (BTC market trends