Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Los Angeles World Cup Security Plans: No ICE Immigration Enforcement at FIFA 2026 Matches, Officials Say 
What makes a good football coach? The reality behind the myths 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Apple Eyes U.S. Formula 1 Broadcast Rights in Major Sports Streaming Push 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
PayPal threatened to cancel its contract with the National Basketball Association’s (NBA) Phoenix Suns if Robert Sarver does not sell the team.
The Silicon Valley-based payments solutions firm became the Suns’ first jersey patch partner in 2018 after the NBA allowed teams to sign playing apparel branding deals.
After the 2022–2023 season, the multi-year contract with the Suns, which was valued at US$3 million the previous year, is set to expire.
PayPal CEO and president, Dan Schulman, said they have reviewed the NBA independent investigation report into Phoenix Suns majority owner Robert Sarver and have found his conduct unacceptable and in conflict with their values.
He added that they have a strong record of combatting racism, sexism, and all forms of discrimination.
The NBA suspended Sarver for one year and fined him US$10 million following an investigation into workplace misconduct.
PayPal is also a sponsor of the WNBA’s Phoenix Mercury and Spanish soccer club RCD Mallorca, which both belonged to Sarver.
