On July 29, according to The Information, Stripe is discussing acquiring OpenRouter for $10 billion, a price equivalent to 70 times OpenRouter's annualized revenue.
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Stripe in Talks to Acquire OpenRouter for $10 Billion
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On July 29, China's Cyberspace Administration issued a draft regulation on cyberbullying governance for public comment. The draft requires platforms to build classifiers for detecting cyber violence content, provide users with a "one-click protection" feature, and implement blacklist management and regular reporting mechanisms for violating accounts. Notably, the draft explicitly brings AI-generated deepfake images and synthetic harassment texts under regulatory oversight. The Q&A platform Zhihu has already responded by restricting the use of anonymous accounts. -
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On July 29, ING Group stated that if the Federal Reserve keeps interest rates unchanged on Wednesday, the dollar will face pressure and decline along with oil prices. The dollar index has been nearly flat for the fourth consecutive session, seemingly unaffected by recent oil price fluctuations. On Wednesday, the 60-day rolling correlation between the dollar spot index and Brent crude oil futures prices fell to its lowest level since late March. ING strategist Francesco Pesole wrote, "This resilience will be severely tested today. If the Fed maintains its interest rate, it should trigger precautionary position unwinding against the dollar, re-linking the dollar to the signal of falling oil prices." -
Spot Gold Falls Below $4,000, Gold and Silver Decline Together
On July 29, spot gold fell below the $4,000 mark, with gold and silver declining together. Coeur Mining and First Majestic Silver fell more than 4%, Endeavour Silver and Pan American Silver fell more than 3%, while Eldorado Gold, Barrick Gold, US Gold Corp, and Kinross Gold all fell more than 2%. -
Spot Gold Falls Below $4,000
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