Musk: There is no problem with competition, but not with cheating (Twitter sent a lawyer’s letter to Meta on issues related to Threads before).

Investment Company Institute (ICI): Money market assets hit a record $5.47 trillion in the week ended July 5, while seeing the first inflows in four weeks.

U.S. political news website Politico: Due to the dispute with Boeing, the U.S. Navy will not be able to get (some) jets, and the Navy will only get the last 16 F/A-18 Super Hornet fighter jets produced by Boeing, not the allocated ones 20 frames.

Meta CEO Zuckerberg posted on Threads that as of that morning, Threads had more than 30 million registered users.

The Hang Seng Index futures closed down 0.58% in night trading, at 18435 points, 98 points below water.

US Department of Defense Spokesperson Pat Ryder: Cluster bombs can be used on anti-armor or anti-personnel targets. Russia uses cluster bombs with a high unexploded rate.

OpenAI: Future models are planned to focus on the Chat Completions API.

OpenAI: Will retire some old models in Completions API.

U.S. Trade Representative Dai Qi: We still have a lot of work to do within the 75-day period before we can choose whether to continue with the GM corn dispute team for further settlement.

U.S. Trade Representative Dai Qi: There were more trade discussions with Mexico last week on the issue of genetically modified corn.

US Department of Defense spokesman Pat Ryder: No plans have been confirmed.

The US has agreed to supply Ukraine with cluster munitions, sources said.

Sources said that Blackstone Group and private equity investment firm TPG bid for US fund management company Standish Management, with a transaction value of up to US$1.7 billion.

U.S. Trade Representative Dai Qi said she was confident in the effectiveness of the tools available in the trade agreement in promoting problem resolution and progress.

The next step in the toolkit, if no more progress is made, is to seek a dispute settlement panel, USTR said.

According to the US financial media Semafor: Twitter threatened to sue Meta for Threads.

Fund analysis firm Lipper: U.S. loan funds saw inflows of $53 million in the latest week.

The Baltic Sea project will go to a vote in the German parliament on Friday.

Germany faces opposition to LNG terminal from northern states.

Britain plans to lift the EU Markets in Financial Instruments Directive (MiFID) ban on providing free research to clients.