Twenty-six current and former Meta employees filed suit in the U.S. District Court for the Northern District of California on July 13, accusing the company of using a group of internal AI systems to help decide layoffs in a way that disproportionately targeted workers on legally protected leave. The plaintiffs span six states and Washington, D.C., and include engineers, scientists, designers, researchers, managers, and directors. According to the complaint, each had taken or sought parental leave, pregnancy leave, medical leave, or disability accommodations within the past 24 months. The lawsuit says Meta relied on a “constellation” of systems, including Metamate, Second Brain, employee activity monitoring tools, AI token usage dashboards, and algorithmic performance calibration tools. Plaintiffs argue those systems evaluated metrics such as rolling 12-month performance, code output, AI tool usage, and manager endorsements without excluding time spent on protected leave, effectively treating leave as low productivity. The complaint asks the court to block the layoffs from taking effect on July 22, restore employment status to what it was before May 20, and appoint an independent auditor to review the inputs, weights, and outputs of the selection process. Meta said the allegations lack factual basis and that employment and organizational decisions are made by people, not AI.

At WebX 2026 in Tokyo on July 13, Taiwanese lawmaker Ko Ju-Chun and Audrey Tang, Taiwan’s first minister of digital affairs and current ambassador-at-large, discussed the island’s recent push to formalize digital governance through two major legal frameworks completed in the first half of 2026: the Virtual Asset Service Provider Act and the AI Basic Act. Tang joined remotely and used the session to outline a broader governance approach that linked crypto regulation, civic AI, decentralized identity and the authorization of AI agents. Ko said Taiwan had allowed Bitcoin purchases at convenience stores as early as 2016, yet the crypto sector spent nearly a decade in a regulatory gray zone. That changed this year, he said, after the VASP law passed its third reading on June 13 and the AI Basic Act took effect on Jan. 14. Tang argued that regulatory delay often benefits incumbents, and said Taiwan’s latest shift was aimed at replacing opaque interpretive discretion with transparent, discussable and enforceable public rules. The discussion later moved to civic.ai, data governance and onchain identity. Tang said her own commi, “JTEAMI,” is already operating on Ethereum under ERC-8004 with Agent ID 22714, and said AI agents acting on a person’s behalf in transactions must be able to prove authorization and meet tests tied to portability, path inspectability, community deployment governance and fault accountability.

Market data from Bitget shows ZEC, the token of Zcash, at 572.09 USDT. The token was up 12% over the past 24 hours and roughly 43% higher than at the start of the month. Separately, Foresight News previously reported that the Zcash Ironwood upgrade is expected to go live on the mainnet on July 28. The update adds a scheduled network milestone alongside the latest price move, with both figures cited directly from the source input. No other price levels, trading context, or market drivers were disclosed in the source.

AlloX, an AI investment platform focused on crypto narratives, has integrated Binance Wallet, according to Techub News. The integration allows users to use artificial intelligence to identify narrative trends in the cryptocurrency market and discover decentralized applications, or DApps, through a more intelligent workflow. AlloX says its platform is designed to help investors track broader market trends instead of blindly chasing individual tokens. With the Binance Wallet integration now in place, the company says users of the wallet will get a smarter on-chain app discovery experience. The announcement centers on product functionality and positioning, with no additional rollout details or metrics disclosed in the source.

Bitget Wallet researcher Lacie Zhang argues that Open USD, a new stablecoin launched on June 30, 2026 by Open Standard with backing from more than 140 companies including Visa, Mastercard, BlackRock, Stripe, and Coinbase, has exposed a core tension in the stablecoin business: reserve income may belong to issuers in theory, but distribution channels often capture much of the economics in practice. The announcement said OUSD would charge zero minting and redemption fees, impose no issuance cap, and return nearly all reserve income, after a management fee, to distribution partners. The market reaction was immediate. Circle’s stock fell about 16% that day, erasing roughly $3.6 billion in market value. The article contrasts Circle with Tether, saying the two operate in very different demand environments despite both issuing dollar stablecoins. It also frames OUSD as a bid to use reserve yield not as issuer profit, but as a budget to win distribution and establish a settlement standard. Zhang says the longer-term opportunity may sit above the issuer layer, in wallet and account products that abstract away fragmentation across chains and stablecoins. Bitget Wallet describes that direction as a cross-chain, multi-asset “dollar account” built for self-custodied users.

Warren Buffett said on July 15 that not investing in Google earlier was a mistake, adding that based on the company’s current performance, it is now “more likely to be a winner.” He also said he still favors Berkshire Hathaway’s investment in Apple. Commenting on decision-making at Berkshire, Buffett said Abel is currently the “decision-maker,” while adding that neither of them would do something the other disagrees with. According to market data from BIT (bit.com), Google shares were down 0.5% in U.S. premarket trading. The update also said Berkshire Hathaway currently holds about $31 billion worth of shares in Alphabet, Google’s parent company.

Jordi Visser, head of AI Macro Nexus research at 22V Research, warned on July 15 that AI-driven “instant competition” is dismantling corporate moats at a pace traditional businesses are not built to withstand. In his view, as many as half of the companies in the S&P 500 could lose their investment value over the next five to 10 years, becoming irrelevant in the market. He pointed to Salesforce and Adobe as examples of how AI can cause competitive pressure to appear suddenly and evolve fast enough to undermine valuation assumptions tied to durability. Visser also pushed back hard on claims of an AI bubble. He argued that Samsung is expected to post $217 billion in profit this year, more than the combined total of its previous 40 years, while Nvidia is trading at a 10-year valuation low because its growth has absorbed concerns around high multiples. He added that hyperscale cloud providers now hold roughly $2 trillion in remaining performance obligations and none has idle capacity. Visser said the AI mid-cycle growth slowdown that began in late May is already over, and argued that a breakthrough in consumer agents later this year could lift compute demand by 20 to 30 times current levels. On positioning, he suggested ordinary investors allocate about 10% to leading digital assets and frontier AI names, with younger investors potentially going up to 20%.

Stable has rolled out StablePay, a mobile payments app now available on the App Store and Google Play. The app lets users send and receive USDT instantly at no cost. It also supports receiving funds through a username called StableName, an email address, or a phone number, removing the need to share a wallet address. In addition to payments, StablePay includes the StableEarn feature, which allows users to earn yield on idle USDT balances held in the app. The announcement was made by Stable and referenced by Foresight in a 7x24 news update.