2014 Formula 1 Gulf Air Bahrain Grand Prix (13712612095) — Habeed Hameed, Wikimedia Commons, CC BY-SA 2.0
CHAMPIONSHIP
Antonelli’s 25-Point Championship Lead Under Pressure as Belgian GP Weekend Opens
Kimi Antonelli arrives at Spa-Francorchamps with a 25-point lead in the Drivers’ Championship over Mercedes team-mate George Russell, with Ferrari’s Lewis Hamilton a further seven points back in third. The Italian teenager’s advantage has shrunk by 41 points over the previous three rounds, a slide that includes mechanical failure at Silverstone and a succession of costly errors. Despite those setbacks, Antonelli has demonstrated the fastest race pace on the grid across those rounds. Russell and Hamilton enter the Belgian Grand Prix viewing the pre-summer break double-header as their best opportunity to close the gap before racing stops.
GRID NEWS
Norris to Start Belgian Grand Prix 10 Places Back After McLaren Power Unit Change
Lando Norris will serve a 10-place grid penalty at the Belgian Grand Prix after McLaren fitted a fourth power electronics unit — one beyond the three permitted per season. The reigning world champion exhausted his allocation with reliability issues in China and Japan during the opening rounds. McLaren selected Spa over the subsequent Hungarian and Dutch rounds because the Ardennes circuit’s long straights and multiple overtaking zones give Norris the best chance of recovering positions from a rear-grid start. The fourth electronics unit will be used for the remainder of 2026 to avoid incurring additional penalties at future events.
TECHNICALSAFETY
Red Bull Abandons ‘Macarena’ Rear Wing at Spa After Two Consecutive Verstappen Crashes
Red Bull have reverted to a conventional DRS rear wing at the Belgian Grand Prix, abandoning their so-called ‘macarena’ design after it contributed to Max Verstappen crashing out of two consecutive race weekends. Team principal Laurent Mekies confirmed the change after Verstappen suffered a rear wing failure at the British Grand Prix, his second incident in as many rounds. Verstappen publicly declared himself “fed up” with the car after Silverstone, and the wing’s high-speed opening action had come under safety scrutiny. Red Bull enters Belgium with a more conventional aerodynamic configuration than originally planned for the Spa weekend.
DRIVER MARKET
Verstappen’s Red Bull Exit Clause Now Active as Manager Insists Champion Wants to Stay
Max Verstappen can activate an exit clause in his Red Bull contract after finishing the British Grand Prix last, making it mathematically impossible to be inside the top two in the championship at the summer break — a trigger condition of the clause. The four-time champion sits seventh, 103 points behind leader Kimi Antonelli. His manager Raymond Vermeulen issued a statement saying Verstappen wishes to complete his contract through 2028 and that the clause’s existence does not guarantee activation. Verstappen declined to address his future at the Belgian Grand Prix Thursday media day, telling reporters he had nothing to say.
TECHNICAL
McLaren Brings New Rear Wing and Updated Mercedes Engine to Belgian Grand Prix
McLaren will run a new rear wing and the latest Mercedes power unit specification at the Belgian Grand Prix, with both drivers receiving the engine upgrade simultaneously — two races after the works Mercedes team. Technical director Neil Houldey cautioned that Belgium’s circuit characteristics limit expectations for the package, saying the team is “not expecting any big change” in competitiveness at Spa following a difficult British Grand Prix in terms of raw pace. A more significant aerodynamic upgrade is planned for the Hungarian Grand Prix next week, which McLaren has confirmed will constitute a significant package before the summer break.
DRIVER MARKET
Piastri Confirms McLaren 2027 Drive, Firmly Closing Door on Verstappen Speculation
Oscar Piastri confirmed he will race for McLaren in 2027, delivering a one-word “Yes” when asked directly at the Belgian Grand Prix media day. The response defused weeks of speculation linking Max Verstappen to a potential seat swap. Piastri said CEO Zak Brown and principal Andrea Stella had been “great” and “very reassuring” through the transfer rumours. The Australian’s existing contract with McLaren runs until at least 2028. Verstappen’s camp has separately held talks with McLaren, though those conversations concern a potential 2027 drive rather than an exchange involving Piastri.
TECHNICAL
Aston Martin Saves Major AMR26 Upgrade for Hungary as Honda Engine Follows at Dutch GP
Aston Martin will not bring its anticipated AMR26 chassis upgrade to Spa-Francorchamps, instead debuting the reworked car at the Hungarian Grand Prix next week. The team is working flat out on the Hungary package while managing a limited supply of spare parts. Honda’s updated power unit will arrive at the Dutch Grand Prix after the summer break, with Honda trackside chief Orihara confirming two more races remain before the engine upgrade. Designer Adrian Newey described the AMR26 rework as a large structural change. Without a stronger engine, the team expects Spa’s high-speed straights to prove difficult.
TECHNICAL
Vowles Launches Williams Development Review After Upgrade Rate Fails to Move Car Forward
Williams principal James Vowles has ordered a two-week development review after conceding the car’s upgrade rate is failing to move it forward. Speaking on his podcast ahead of the Belgian Grand Prix, Vowles said performance gains are arriving at a rate “not at the rate required” to improve the team’s position. Williams has scored only 11 constructor points through nine races, compared with 54 at the same stage last season. A front wing introduced at the British Grand Prix failed to produce the expected performance gains. The review will define the team’s technical direction for Spa, Budapest, and the remainder of 2026.
GRID NEWS
Red Bull’s Hadjar to Start Belgian GP from Back of Grid After Power Unit Change
Isack Hadjar will start the Belgian Grand Prix from the back of the grid after Red Bull opted to take a full power unit change at Spa-Francorchamps. The French driver, eighth in the Drivers’ Championship with 52 points, expects to line up 22nd. Red Bull chose Belgium for the strategic penalty because the circuit’s long straights and multiple overtaking zones give Hadjar the best opportunity for a recovery drive to the points. The decision mirrors McLaren’s reasoning for Norris’s electronics penalty at the same event, leaving two top-ten championship contenders at the rear of the Belgian GP grid.
DRIVER MARKET
Perez Reveals Horner Told Him ‘Everything Goes to Max’ Before Red Bull Signing
Sergio Perez revealed at the Belgian Grand Prix that Christian Horner told him before joining Red Bull that the team operated entirely around Verstappen. “Everything goes to Max, around Max. We want to win the championship,” Perez quoted Horner as saying at their first meeting. Now driving for Cadillac in his F1 return after a year away, Perez described the final six months at Red Bull as “toxic” and mentally damaging. His comeback to F1 was motivated by a desire to prove he remains among the sport’s best drivers. Cadillac enters Belgium still seeking its first championship point after nine races.
Drivers' Championship
- 1. Kimi Antonelli — 179 pts
- 2. George Russell — 154 pts
- 3. Lewis Hamilton — 147 pts
- 4. Charles Leclerc — 108 pts
- 5. Lando Norris — 97 pts
- 6. Oscar Piastri — 82 pts
Constructors' Championship
- 1. Mercedes — 333 pts
- 2. Ferrari — 255 pts
- 3. McLaren — 179 pts
- 4. Red Bull — 128 pts
- 5. Alpine — 60 pts
- 6. Racing Bulls — 59 pts
Jeremy's 2013 National League Championship Ring — JABsMusic, Wikimedia Commons, CC0
RECAP
Mets Beat Phillies 4-1 in Smoke-Shrouded Second-Half Opener
The New York Mets opened the second half of the 2026 season with a convincing 4-1 win over the Philadelphia Phillies on Thursday, though the game was played under a haze of smoke from nearby wildfires that hung over Citizens Bank Park. Francisco Alvarez carried the Mets offense with two home runs, while Brett Baty added a solo shot. Christian Scott earned the win, improving to 3-1 on the season, while Aaron Nola suffered the loss, dropping to 3-7. Juan Soto was removed from the game in the eighth inning with left calf soreness, a development that immediately drew concern from the Mets dugout.
TRADE
Mets Begin Fielding Offers in Deadline Sell-Off
The New York Mets have begun taking calls from teams interested in their available trade assets ahead of the July 31 deadline, per MLB Trade Rumors late Thursday. Sitting at 40-57, New York has made pitchers Luke Weaver and Brooks Raley, outfielder David Peralta, and reliever A.J. Minter available. Some teams have inquired about Francisco Alvarez, but the Mets have made clear he is not on the table. Also not available: Juan Soto, Christian McLean, Christian Scott, Jake Benge, and Tyler Ewing. The Mets' full sell-off signals a complete organizational pivot toward rebuilding as the deadline approaches.
INJURY
Juan Soto Exits With Left Calf Soreness, Expected Back This Weekend
New York Mets star Juan Soto exited Thursday's series opener against Philadelphia with left calf soreness in the eighth inning, a concerning development for a team already beginning its deadline sell-off. CBS Sports reported Friday that Soto is considered day-to-day and is expected back this weekend, offering some relief for the Mets and any potential trade partners monitoring his status. Soto had been having a productive first half in 2026 before the injury. The Mets indicated they do not plan to place him on the injured list at this time, though his weekend availability will be reassessed on a day-to-day basis.
INJURY
Brad Keller Placed on IL With UCL Tear, Likely Done for 2026
Philadelphia Phillies right-hander Brad Keller has been placed on the 15-day injured list with a UCL tear in his right elbow, retroactive to July 13, the team announced Thursday. The injury is expected to end Keller's 2026 season and potentially his 2027 campaign as well, casting serious doubt over his two-year, $22 million contract. The 30-year-old had been a key part of Philadelphia's rotation before the injury. The timing is particularly damaging for the Phillies, who were already engaged in trade deadline planning and now face a significantly more pressing need to acquire starting pitching help before July 31.
TRANSACTIONS
Chase Burns Signs 7-Year, $105M Extension — Largest Ever for Pre-Arb Pitcher
Cincinnati Reds right-hander Chase Burns has signed a seven-year, $105 million contract extension, making it the largest deal ever given to a pre-arbitration pitcher in major league history, per MLB Trade Rumors and ESPN on Thursday. The deal runs through the 2033 season and locks up Burns, who turned 23 this year, with Cincinnati for the foreseeable future. Burns has been outstanding in 2026, posting a 2.54 ERA across 18 starts and 102.2 innings. The Reds secured one of baseball's most promising young arms at what could prove to be a significant long-term bargain given the trajectory of pitcher salaries across the game.
ANALYSIS
Phillies' Deadline Needs Grow Urgent After Keller Injury
The UCL tear suffered by Brad Keller has dramatically amplified the Philadelphia Phillies' needs heading into the July 31 trade deadline. Per CBS Sports, Philadelphia's bullpen already ranked 21st in MLB with a 4.44 ERA before Thursday's news, and the team also needs a starting pitcher and a right-handed hitting outfielder. With Keller now unavailable, rotation concerns have escalated from a priority to an emergency. The Phillies enter the second half as buyers in a competitive National League East and will need to act decisively over the next two weeks to shore up a pitching staff that suddenly has more significant holes than management could have anticipated.
TRANSACTIONS
Robert Hassell III, Key Piece of Soto Trade, Dealt From Nationals to Pirates
Robert Hassell III, the former top prospect who was a central piece of the 2022 Juan Soto trade from Washington to San Diego, has been traded from the Nationals to the Pittsburgh Pirates for cash considerations or a player to be named later. Hassell, 22, was not on the Nationals' 40-man roster at the time of the move, reflecting how his prospect stock has declined since those celebrated days as part of the Soto return. Pittsburgh adds a young outfielder with upside, but takes on a reclamation project whose development had stalled considerably in the years since arriving in Washington via the Padres deal.
ANALYSIS
MLB Outlaws Generative AI on Dugout iPads During Games
Major League Baseball has effectively banned the use of generative artificial intelligence tools on dugout iPads during games, NBC Sports reported Thursday, citing The Athletic. Under the new directive, players and coaches are prohibited from accessing large language models or AI assistants on their in-game devices while in the dugout. The ruling draws a firm line around how technology can be used during live game action in the 2026 season. MLB's decision comes as teams across professional sports have increasingly explored real-time AI for in-game decision-making and strategic analysis, with the league appearing intent on preserving a clear boundary between pre-game preparation tools and active game-time intelligence assistance.
AI-en-wikipedia-source — Trebol6, Wikimedia Commons, CC BY-SA 4.0
AIINDUSTRY
Apple Intelligence approved for China launch with Alibaba Qwen and Baidu
Apple’s AI assistant won Chinese regulatory approval on Thursday, clearing the way for Apple Intelligence to launch in China with Alibaba’s Qwen AI and Baidu as domestic partners. China’s Cyberspace Administration approved the integration, ending a prolonged exclusion that kept Apple’s AI suite away from one of the company’s largest markets. The decision arrives as Apple reported $20.5 billion in Greater China revenue for the second quarter of 2026, up 28% year over year, signaling a rebound after earlier political headwinds. Apple Intelligence already operates across the United States, Europe, and other regions. Launching in China will require content filtering to comply with local rules.
AIRESEARCH
Moonshot's Kimi K3 expected to rival Anthropic's Claude Opus 4.8 at 2-3 trillion parameters
Moonshot AI is preparing to release Kimi K3, a model expected to become the largest open-weight AI from China, with a parameter count estimated between two trillion and three trillion. The model is anticipated to match or surpass the performance of Anthropic’s Claude Opus 4.8, according to a Financial Times report. Kimi K3’s release is expected within days. Moonshot is also in discussions to raise additional capital at a valuation of $31.5 billion, the company’s second major funding round in 2026 after a $2 billion raise in May that valued it at $20 billion.
ROBOTICSREGULATION
San Francisco mayor demands stricter rules on Waymo after July 4 traffic fiasco
San Francisco’s mayor has called on California transportation authorities to impose stricter rules on Waymo after dozens of the company’s robotaxis stalled during a Fourth of July traffic surge, causing gridlock across several neighborhoods. Mayor Daniel Lurie wrote to the California Department of Transportation demanding that autonomous vehicle operators demonstrate four capabilities before expanding their fleets: the ability to handle high-density traffic, pull over safely when required, communicate with dispatchers, and respond to emergency conditions. Waymo operates approximately 1,000 robotaxis in the Bay Area and logs more than 500,000 rides per week across 11 cities. The company has not yet responded to the mayor’s letter.
AISOFTWARE
Google AI Mode adds third-party app integrations starting with Instacart, Canva, and YouTube
Google has expanded its AI Mode search feature to support direct integrations with third-party applications, allowing users to complete tasks through partnered services without leaving the search interface. At launch, supported apps include Instacart, Canva, and YouTube. The rollout is limited to U.S. users and marks a shift for Google from providing answers to executing tasks, placing AI Mode in more direct competition with conversational AI tools such as ChatGPT and Claude, which have offered app integrations and connectors for several months. Google said additional app partners would be added in the coming weeks.
ROBOTICSINDUSTRY
Walden Robotics launches at $1.1B valuation with Toyota, NVIDIA, and Boeing backing
Walden Robotics emerged from stealth this week with $300 million in funding and a valuation of $1.1 billion, backed by Toyota, NVIDIA, Boeing, Samsung Ventures, and CoreWeave Ventures, among others. The Cambridge, Mass.-based company is a spinout from Toyota Research Institute, led by Dr. Russ Tedrake, an MIT professor and former senior vice president at TRI. Walden builds wheeled humanoid robots that use large behavior models to learn manufacturing tasks including machine tending, parts kitting, and assembly. Its robots have been deployed at a Toyota North American plant since February and moved from pilot to full production work in under two months.
SECURITY
Coca-Cola suspends Fairlife production in the US after ransomware attack
Coca-Cola has suspended production at its Fairlife dairy operations in the United States after a ransomware attack struck the brand, the company disclosed Thursday in a filing with the Securities and Exchange Commission. Canadian facilities were not affected. Fairlife, known for its high-protein milk and nutrition shakes, had estimated annual sales of around $4 billion by 2024, making it one of the company’s fastest-growing brands. Coca-Cola did not identify the attackers, reveal the ransom amount, or say when U.S. production would resume. The disclosure came through a regulatory filing rather than a direct company statement.
SECURITY
Scattered Spider hackers jailed for Transport for London attack that cost £29M
Two young members of the Scattered Spider cybercriminal group were sentenced Thursday to five years and six months in prison for a 2024 cyberattack on Transport for London that disrupted the city’s transit system for weeks. Owen Flowers, 18, and Thalha Jubair, 20, pleaded guilty to a breach that took TfL’s ticketing and real-time arrival systems offline and inflicted losses estimated at £29 million (roughly $47 million). Authorities said the pair held "the keys to the kingdom" and could have shut TfL down entirely. Paul Foster of the UK National Crime Agency said the jailing had "severely disrupted" the group’s operations.
Andrew Yang Speech in Silicon Valley Entrepreneurs Festival 2019- Produced by DingDingTV — Diana Ding, Wikimedia Commons, CC BY 3.0
HIRINGTALENT
Adding Talent, Not Cutting It, Leads to Better Revenue Growth, Study Finds
Tech companies that grew their headcount outperformed those that made cuts, according to a new Orgvue study of Fortune 500 firms. Companies investing in “human-fueled growth” achieved 12.2% year-over-year revenue growth, versus 6.8% for those that “did more with less.” Just 7% of firms that routinely reduced staff managed to sustain repeated revenue increases. The tech sector led all industries in net headcount gains over the past year, adding 105,000 employees — the highest net growth of any sector. Orgvue also found that 73% of corporate restructures were not attributed to AI.
HR TECHTALENT
AI May Conceal Growing ‘Learning Debt’ for Fast-Changing Roles
A June 2026 TalentLMS survey of 1,200 U.S. employees finds that 41% say their role has evolved faster than their company can train them, while nearly 6 in 10 use AI to complete tasks they were never trained for. Twenty-nine percent have delivered work they couldn’t fully explain, and 47% stay quiet when they don’t know how to do something — 50% expected to figure it out alone, and 49% feared appearing incompetent. Additionally, 62% rely on workarounds to get through tasks, creating what TalentLMS calls a “learning debt”: a backlog of unaddressed skill gaps accumulating as work evolves faster than training.
LAYOFFSHR TECH
Employees Spend Nearly a Day Each Week ‘Botsitting’ AI
Digital workers now spend an average of 6.4 hours per week “botsitting” — actively monitoring and correcting AI to make it usable — according to a Glean report highlighted in HR Dive’s weekly numbers roundup. The same roundup noted that 29% of workers have submitted work they couldn’t fully explain (TalentLMS), that companies adding headcount delivered 12.2% revenue growth versus 6.8% for those making cuts (Orgvue), and that 26 former Meta employees have filed suit alleging the company’s AI-driven performance-scoring system targeted workers on protected leave. Starbucks separately announced quarterly bonuses of up to $300 for high-performing workers.
PXL 20231118 150122002 — Voluntour, Wikimedia Commons, CC BY-SA 4.0
PHILANTHROPY
Hewlett Foundation Commits $100 Million to Emerging Technology and Security Initiative
The William and Flora Hewlett Foundation unveiled a $100 million Emerging Technology and Security Initiative, committing major philanthropic resources to funding policy and advocacy work at the intersection of advanced technology and societal risk. The initiative focuses on AI governance, biotechnology, and quantum computing — fast-moving domains where policy frameworks have lagged behind technical development. Hewlett’s grantmaking will target researchers, technologists, and public-interest advocates working to ensure that emerging technologies serve the public good rather than concentrate power or expand harm. The initiative reflects a growing recognition among major funders that technology governance is a critical civil society priority.
ANALYSIS
Global South Community Funding Models Offer Roadmap for US Nonprofits Facing Federal Cuts
When more than 5,000 USAID projects were terminated and the Trump administration clawed back billions from humanitarian organizations, the US nonprofit sector discovered the limits of its funding architecture. In Nonprofit Quarterly, Farkhanda Zahoor argues that the solution already exists — in models long pioneered across the Global South. Zahoor examines how Kenya’s harambee tradition of community pooling, India’s Internet Freedom Foundation, and Pakistan’s Edhi Foundation have built resilient organizations funded by small recurring community contributions rather than institutional grants. These models, Zahoor argues, are not exotic local adaptations but structural responses to constraint — and the constraints are now global.
POLICY
Nonprofits Document Human Rights Failures at FIFA World Cup and Press for Protections
As the 2026 FIFA World Cup raised human rights concerns across the United States, nonprofit organizations documented troubling incidents and pushed for protections. The deportation of Somali referee Omar Abdulkadir Artan — recognized as Africa’s Men’s Referee of the Year and traveling with valid documentation — drew condemnation from CAIR, the ACLU, and civil society groups who called the action discriminatory. Nonprofit Quarterly’s María Constanza Costa reports that organizations including Workers Defense Action Fund and the Sport & Rights Alliance pressed FIFA to enforce human rights commitments it had held since 2016, while the ACLU distributed know-your-rights materials at stadiums to immigrant communities fearful of ICE enforcement.
IMPACT
Pace Center for Girls Names Yessica Cancel as Permanent Chief Executive Officer
Pace Center for Girls, a Florida-based nonprofit providing school-based education and counseling to at-risk girls, has named Yessica Cancel as its permanent Chief Executive Officer. Cancel, who had been serving in the role on an interim basis, brings deep experience in youth services and nonprofit leadership to the position. Pace operates programs across Florida and Georgia, serving thousands of girls facing academic challenges, trauma, and other obstacles to success. The organization, founded in 1985, uses a holistic model that combines individualized academics, counseling, and family support to keep girls on track toward graduation and economic independence. Cancel’s appointment marks a new chapter in Pace’s leadership.
INNOVATION
Blackbaud-Convened AI Coalition Launches Free Certification Program for Nonprofit Professionals
The AI Coalition for Social Impact, convened by Blackbaud, has launched the AI for Social Impact Certification Program, offering free training to nonprofit and social sector professionals. The initiative’s first course, AI Fundamentals for Social Impact, is product-agnostic and led by instructors including Ari Kaplan of Databricks. According to Blackbaud Institute research, 85 percent of nonprofit professionals already use AI at work but many lack structured training in responsible deployment. The free certification is designed to close that gap, ensuring AI literacy reaches mission-driven organizations that lack resources for comparable commercial programs. Enrollment is open to nonprofits of all sizes and missions.
POLICY
Protect Democracy Reports Four Months of Accelerating Strategy to Interfere in 2026 Midterms
Nonpartisan nonprofit Protect Democracy released an updated report, Deceive, Disrupt, Deny in Full Effect, documenting the Trump administration’s accelerating strategy to interfere in the 2026 midterm elections. The report updates their March analysis and finds four months of mounting evidence — including an FBI raid on Ohio’s leading voter-registration group, a Postal Service rule to control mail voting, and acting DNI Bill Pulte purging experienced intelligence staff. The administration is 0–15 in federal court on voter-roll data requests but uses those losses to cast doubt on election integrity, Protect Democracy warns. The report urges voters, poll workers, and communities to prepare to defend certification.
IMPACT
Wells Fargo Commits $2 Million to Expand CodePath Tech Education at Two Charlotte Universities
National nonprofit CodePath has announced a two million dollar philanthropic investment from Wells Fargo and the Wells Fargo Foundation to expand tech education in Charlotte, North Carolina. The investment will embed CodePath’s industry-aligned courses in computing programs at the University of North Carolina at Charlotte and Johnson C. Smith University, a historically Black college, with an initial cohort of 300 students and a goal of serving 2,000 students annually by 2028. Charlotte’s tech sector has grown nearly 20 percent in five years. CodePath’s model centers on first-generation and low-income students, building pipelines to careers in AI, software engineering, cybersecurity, and mobile development.
"Lubinville" film studio and plant in Philadelphia, Pennsylvania, 1911 — Unidentified graphic artist, Wikimedia Commons, Public domain
Nolan’s The Odyssey Sails to $15M Thursday Previews, Best Live-Action Night of 2026
Universal’sThe Odyssey, directed by Christopher Nolan, grossed an estimated$15 millionin Thursday night previews—the biggest live-action preview night of 2026, ahead of Lionsgate’sMichael($12.6M) and Legendary’sDune: Part II($12M). The film earned a96% audience scoreon Rotten Tomatoes, the best for any Nolan film, surpassingBatman BeginsandOppenheimer. It ranks as Nolan’s third-best U.S. preview night ever, behindThe Dark Knight Rises($30.6M) andThe Dark Knight($18.5M).IMAX 70MMshowtimes sold out a year in advance, with advance sales in the$30M–$40M rangeheading into the opening weekend.
Federal Court Sets Friday Hearing on State AGs’ Motion to Block Paramount-WBD Merger
A federal court has set aFriday, July 17hearing on an emergency motion filed by12 state attorneys generalto temporarily block the proposed merger betweenParamountand Warner Bros. Discovery. The states are seeking a temporary restraining order as their antitrust lawsuit proceeds. U.S. District JudgeP. Casey Pittswill hear arguments at 10 a.m. PT, with states pressing for a ruling by July 22—around the time the European Union is expected to issue its own decision. The U.S. Justice Department has already cleared the deal. Paramount has called the legal challenge “one of the weakest merger challenges in modern antitrust history.”
Netflix Q2 Revenue Up 13% to $12.56B; Stock Falls 9% on Weaker Q3 Guidance
Netflixreported second-quarter revenue of$12.56 billion—up 13.4% year over year and roughly in line with analyst expectations of $12.59 billion—but shares fell approximately9%in after-hours trading on weaker-than-expected third-quarter guidance. Net income reached$3.4 billion(80 cents per share). Company executives pushed back on the notion that engagement equals view hours, saying “quality and variety” matter as much as raw watch time. The streamer said its advertising business remains on track to generate$3 billionin 2026, aided by NFL and FIFA Women’s World Cup live programming drawing new subscribers.
Netflix: About 300 Productions This Year Have Used Generative AI Across Pipeline
Netflix disclosed Thursday that roughly300 productionsacross its 2026 slate incorporated generative AI somewhere in their pipeline—spanning concept, pre-visualization, post-production, and release. The company citedGlory(an Indian sports thriller),Brasil 70: A Saga do Tri(a Brazilian soccer miniseries), andThe American Experiment(an American Revolution docuseries) as examples. Co-CEOTed Sarandossaid on the Q2 earnings call that “it takes great artists to make something great, and AI is not changing that.” The figures appeared in Netflix’s investor letter, released to shareholders onThursday, July 16.
Netflix H1 2026: His & Hers Leads with 104M Views; 97 Billion Hours Watched Overall
Netflix’s H1 2026 “What We Watched” report names crime thrillerHis & Hersas the platform’s most-watched series of the first half with104 million viewssince its January 8 premiere.BridgertonSeason 4 placed second with100 million views, while Harlan Coben’sI Will Find Youtook third with 64M views since launching June 18. Audiences watched a combined97 billion hoursof Netflix content in H1 2026, the platform’s highest recorded half-year viewing total. Five of the top ten most-watched series premiered during the same period—a marked shift from H2 2025, when established returning titles dominated.
Netflix to End Biannual Viewership Reports, Shifting to Annual Release Starting 2027
Netflixannounced Thursday it will end its twice-yearly viewership reports starting in2027, shifting to a single annual release beginning in Q1. The change, revealed in the company’s Q2 investor letter, comes after four years of biannual“What We Watched”reports. Netflix said the goal is to “keep the focus on our primary financial metrics—revenue and operating profit.” The decision arrives amid heightened scrutiny over viewership declines for returning series. Co-CEOTed Sarandossaid the company “is not seeing any material change” in second-season viewing compared to premieres, calling performances “within our bands of expectation.”
Sam Neill’s Agent Confirms Actor Died of Pneumonia, Correcting “Falsehoods”
Sam Neill’s agent confirmed Thursday that the New Zealand screen actor died ofpneumonia, not from complications stemming from his publicly disclosed battle with lymphoma. AgentPhilip Grenzissued the correction on behalf of the Neill family to address what he called “inaccurate and outright falsehoods” circulating in media reports about the actor’s cause of death. Neill, who died onMonday in Sydney, Australia, was 78. He had previously beaten lymphoma using CAR-T cell therapy before contracting pneumonia. He was widely known as a star of theJurassic Parkfilms.
