Today in News History
On July 13, several notable moments in the history of News stand out. In 1922, Martin Dies Sr., American journalist and politician (born 1870) passed away. In 1927, Mimar Kemaleddin Bey, Turkish architect and academic, designed the Tayyare Apartments (born 1870) passed away. In 1990, Eduardo Salvio, Argentinian footballer was born. In 1991, Tyler Skaggs, American baseball player (died 2019) was born. In 1992, Rich the Kid, American rapper was born. In 1996, Pandro S. Berman, American director, producer, and production manager (born 1905) passed away. In 2010, George Steinbrenner, American businessman (born 1930) passed away. In 2016, Prime Minister of the United Kingdom David Cameron resigns, and is succeeded by Theresa May. In 2020, Grant Imahara, American electrical engineer, roboticist, and television host (born 1970) passed away. In 2024, Richard Simmons, American fitness personality and public figure (born 1948) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.
MiniMax’s CEO won’t take a salary until AGI. His company just raised $2bn after an 80% crash

The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds artificial general intelligence. On the same day, MiniMax moved to raise as much as 2bn from investors. Its shares [] This story continues at The Next Web
Narrative Intelligence Brief
This article was published by The Next Web, a source frequently categorized with a lean left bias based in Netherlands. Our narrative intelligence engine continuously monitors coverage from this outlet to track framing, bias, and rhetorical patterns. Our initial algorithmic scan of this specific piece did not flag high-confidence rhetorical techniques, suggesting a generally straightforward reporting style or neutral framing. By understanding the editorial perspective of The Next Web, readers can better contextualize the information presented and compare it across our broader media matrix to find the real narrative.
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Analysis Methodology
This narrative analysis was generated using the CoDataLab Global Intelligence Engine. Our proprietary AI scans thousands of cross-border sources to identify sentiment patterns, framing techniques, and potential media bias. While AI provides the data-driven foundation, our objective is to empower readers with additional context beyond the standard headline.The content displayed above is a structured summary designed for rapid information processing. For the full original report, please visit the source outlet.More Coverage
Discussion
"iran blockade"
Trump Revives Iran Blockade, Demands 20% Toll for US 'Guarding' Strait of Hormuz

US to resume Iran blockade, ‘guard’ Strait of Hormuz and charge 20 per cent toll
British forces set to march in France's Bastille Day celebrations for first time in over 20 years

How other outlets are covering this story
Compare narratives across 36 related reports from 36 sources. Real Narrative News aggregates the coverage spectrum so you can see who emphasises what — bias tags reflect the outlet, not the story.
Coverage bias distribution
36 sources
Left 28%
Center 25%
Right 28%
Times of India
· Jul 9, 2026
AI company CEO pays $1.7 million a year so employees can live in one of America's most expensive neighbourhoods
AI company CEO pays $1.7 million a year so employees can live in one of America's most expensive neighbourhoods
Globes English
· Jul 7, 2026
Tower shareholders nix new compensation policy
A rise in the annual salary of CEO Russell Ellwanger was approved, but not a rise in his maximum annual bonus.
Guido Fawkes
· Jul 10, 2026
Ofcom Chief Executive’s Inflation-Busting Pay Rise Takes Her Salary to Almost £500,000
Ofcom’s annual report and accounts for 2025/26 shows that its chief executive took home a whopping £478,784. Up from £455,324 the year before – her salary and allowances rose by an inflation-busting 4.87 Total staff costs jumped by 10 to £153.1 million which is two-thirds of all operating expenditure. Headcount rose to 1,665 from 1,557,
The Economic Times
· Jun 26, 2026
Shankh Mitra, the world's second-highest paid CEO
Shankh Mitra, the world's second-highest paid CEO
The i Paper
· Jul 3, 2026
BBC abandons bid to claw back Huw Edwards’ £200,000 salary
Ex- presenter breaks his silence on new Substack but will not return salary paid after his arrest
Boston.com
· Jun 30, 2026
Market Basket named a top employer in latest U.S. News & World Report list
The announcement comes at the heels of a high-profile corporate power struggle that saw former Market Basket CEO Arthur T. Demoulas ousted. The post Market Basket named a top employer in latest U.S. News World Report list appeared first on Boston.com.
https://cdn.mos.cms.futurecdn.net/aFSperWAifMjMjLcLpsNad.jpg
· Jul 1, 2026
Subnautica 2 devs win: Krafton will pay the whole team "significantly more" bonuses than previously planned, but the CEO is still leaving after a settlement
Subnautica 2 devs win: Krafton will pay the whole team "significantly more" bonuses than previously planned, but the CEO is still leaving after a settlement
Bounding Into Comics
· Jul 7, 2026
Asha Sharma Announced More Layoffs, in Addition to 4 Studios Leaving for New Management
Xbox isn’t finished with its reset. While the new Xbox CEO made powerful and positive moves at the beginning, her
DNyuz
· Jun 30, 2026
Microsoft plans another round of job cuts, impacting thousands of roles
Microsoft CEO Satya Nadella. JASON REDMOND/AFP via Getty Images Microsoft is planning to announce job cuts soon. The cuts are expected to affect thousands of roles, including sales and consulting positions. Microsoft is reining in costs as it ramps up spending on AI. Microsoft is planning to announce job cuts soon as the tech giant []
TechCrunch
· Jul 9, 2026
Fidji Simo steps down from OpenAI’s no. 2 role
OpenAI's No. 2 executive, Fidji Simo, is stepping down from her full-time role after her medical leave proved longer than expected — a leadership vacuum that comes at a tricky time as the company eyes a possible IPO and races to catch Anthropic in the enterprise market.
TwistedSifter
· Jul 12, 2026
The CEO Wanted Layoffs to Cut Costs, But One Supervisor Found a Better Way and Nobody Lost Their Job
This was a win win situation. The post The CEO Wanted Layoffs to Cut Costs, But One Supervisor Found a Better Way and Nobody Lost Their Job appeared first on TwistedSifter.
BoingBoing
· Jun 30, 2026
Mass layoffs expected at Xbox, as prices go up
Microsoft's gaming division is having a rough time of it, having sold fewer consoles this generation than Sony and the game industry's general troubles pinching its ambitions. New Xbox chief Asha Sharma, who took the role in February, published an internal memo acknowledging a roughly 500 million revenue decline over five years and profits far short of expectations. — Read the rest The post Mass layoffs expected at Xbox, as prices go up appeared first on Boing Boing.
Investopedia
· Jun 29, 2026
This Modelo and Corona Beer Maker Reports Earnings Tuesday. Here's How Much Its Stock Could Move
This Modelo and Corona Beer Maker Reports Earnings Tuesday. Here's How Much Its Stock Could Move
Fortune
· Jul 5, 2026
He used to work 90-hour weeks and lost ‘years’ of his life. Now the US Polo Assn. CEO clocks off at 5:30 p.m. and won’t text his team on weekends
The U.S. Polo Assn. boss isn't the only CEO with boundaries: Netflix's cofounder kept a 5 p.m. Tuesday cutoff, while JPMorgan's Jamie Dimon takes all his PTO.
Variety
· Jul 9, 2026
Fidji Simo, OpenAI’s No. 2 Executive, to Step Down to Focus on Recovery From Chronic Illness
Fidji Simo, OpenAI’s CEO of artificial general intelligence deployment and the company’s No. 2 executive, will step down from her full-time role following a three-month medical leave, she said in a note on X on Thursday. “Three months ago, I had to go on medical leave after a severe exacerbation of a chronic illness I’ve []
The Next Web
· Jun 22, 2026
Microsoft’s Nadella turns on the AI giants he helped build
In a blunt interview, Satya Nadella warned that the AI giants cannot keep promising mass job losses while demanding the power to build whatever they want. Microsoft’s answer: cheaper models, more control for customers, and a pitch for the public’s trust. Satya Nadella helped start the AI boom. Now he has a warning for the [] This story continues at The Next Web
FOX Sports Digital
· Jun 28, 2026
Angels GM John Mozeliak Reassures Coaching Staff, Says ‘No Reason for Massive Change’
John Mozeliak has a lengthy to-do list as interim general manager for the Los Angeles Angels, but the hiring of a new manager to replace Kurt Suzuki is not among his priorities
The Motley Fool
· Jun 23, 2026
Super Micro Computer Is Trading at Its Best Valuation in 18 Months. Should You Buy the Dip?
The AI server specialist looks dirt cheap again.
The Eastern Herald
· Jul 10, 2026
Fidji Simo Steps Down from OpenAI as No. 2 Executive Amid Health Crisis and IPO Uncertainty
Fidji Simo is stepping down from her role as CEO of Applications at OpenAI after her neuroimmune condition relapse proved longer than expected. The departure leaves OpenAI's consumer business without a clear executive owner just as the company eyes a public offering at an 852 billion valuation.
Baltic News Network
· Jun 29, 2026
How much does the new airBaltic CEO earn? Hilden’s and Gauss’s salaries compared
Latvia’s national airline airBaltic paid its new Chief Executive Officer, Erno Hilden, 57,211 in remuneration in December last year, approximately 18 less than the average monthly salary received by former CEO Martin Gauss, according to calculations by the LETA news agency based on Hilden’s 2025 public asset declaration. Hilden joined the airline on 1 December [] The post How much does the new airBaltic CEO earn? Hilden’s and Gauss’s salaries compared appeared first on Baltic News Network.
Kotaku
· Jun 22, 2026
Only Xbox Was Interested In Kojima’s Horror Game, Other Companies Didn’t ‘Understand The Concept’
Apparently, former Xbox boss Phil Spencer got OD while other video game CEOs didn't
Brisbane Times
· Jul 6, 2026
‘Too much Kool-Aid’: Inside the struggle for a $389,000 job
An executive went looking for a 50,000 pay rise as 150 of her colleagues were made redundant, despite concerns about optics, the ICAC has heard.
The Wall Street Journal - Business
· Jul 9, 2026
OpenAI Top Executive Fidji Simo to Step Down
The head of artificial general intelligence won’t return from extended medical leave, a major leadership change as the AI giant prepares to go public.
Awful Announcing
· Jun 24, 2026
Dianna Russini was reportedly earning close to $800K a year at The Athletic
Dianna Russini was earning close to 800,000 annually at The Athletic, according to a new report from The New York Times, citing a former manager with knowledge of her salary negotiations. The figure would have made her one of the highest-paid journalists at the entire company, and at the time the Mike Vrabel photos surfaced
NBC Sports
· Jul 11, 2026
Gary Trent Jr. returning to Bucks on reported fully guaranteed four-year, $64 million deal
That is a healthy pay raise for Trent, who averaged 8.1 points per game last season.
SB Nation
· Jun 21, 2026
Lakers fans don’t want to overpay for Austin Reaves
It’s clear Austin Reaves is about to get paid, but Lakers fans don’t want to break the bank.
Kyiv Post
· Jul 9, 2026
Dropla Tech AI Confirms Over 5,000 Explosive Threats in Ukraine, Joins MITS Capital Portfolio
MITS Capital has invested an undisclosed sum in Dropla Tech, a Danish-Ukrainian developer of the NATO-codified Blue Eyes explosive-threat detection system and two unmanned ground vehicle platforms. The company, which raised 2.4 million (2.7 million) in 2025, plans to scale production to up to 3,000 UGVs per year.
Korea Times News
· Jul 9, 2026
Mercedes-Benz Korea's new CEO tasked with recovering EV sales, corporate image
Mercedes-Benz Korea's new CEO tasked with recovering EV sales, corporate image
Disclose.tv
· Jul 6, 2026
[Media] NEW - Microsoft fires 4,800 employees in AI-driven layoff.
NEW - Microsoft fires 4,800 employees in AI-driven layoff. In a memo, Chief People Officer Amy Coleman said, I also want to be direct that the roles eliminated today are not being replaced by AI. At the same time, what is true is that AI is changing how work gets done.Read here: https://www.disclose.tv/id/mmegkeb9ag/@disclosetvDisclose.tvMicrosoft joins AI-driven tech layoff wave with 4,800 job cutsBreaking news from around the world.
https://cdn.mos.cms.futurecdn.net/WFriTGcW9frGoBHGKfkQxV.jpg
· Jul 2, 2026
CEO of major Japanese studio says employees get pay raises if they ace a quiz about its games, because that's "a genuine skill"
CEO of major Japanese studio says employees get pay raises if they ace a quiz about its games, because that's "a genuine skill"
Investing.com
· Jun 24, 2026
Earnings call transcript: ICON plc Q1 2026 revenue beats as shares jump
Earnings call transcript: ICON plc Q1 2026 revenue beats as shares jump
Digital Trends
· Jul 9, 2026
How can small businesses get paid faster?
This post is brought to you in paid partnership with QuickBooks Maria owns a small landscaping business outside Austin. It’s Friday morning, payroll is due, one of her commercial mowers needs repairs, and three crews are wrapping up projects across town. The business is busy, but nearly 18,000 from completed jobs is still tied up []
Seeking Alpha
· Jul 13, 2026
Biglari Holdings: Conceivably At Fair Value At Today's Prices
Biglari Holdings: Conceivably At Fair Value At Today's Prices
Toronto Sun
· Jul 9, 2026
Why the Ducks matching Leo Carlsson offer sheet spikes NHL salaries
The Anaheim centre is set to become the highest-paid player in the league, which means those better than him will want big bucks.
Utusan Malaysia
· Jun 22, 2026
Ibrahim Sani letak jawatan sebagai CEO Yayasan Peneraju
PETALING JAYA: Ketua Pegawai Eksekutif (CEO) Yayasan Peneraju (YP), Ibrahim Sani bakal melepaskan jawatannya secara rasmi berkuat kuasa 1 Julai 2026. Pengumuman yang dibuat oleh agensi di bawah Kementerian Ekonomi itu menandakan selesainya fasa pertama dalam pelan hala tuju organisasi berkenaan menuju 2030. Menteri Ekonomi merangkap Pengerusi Lembaga Pemegang Amanah YP, Akmal Nasrullah Mohd Nasir ... Read more The post Ibrahim Sani letak jawatan sebagai CEO Yayasan Peneraju appeared first on Utusan Malaysia.
Cosmopolitan
· Jun 23, 2026
Honestly, I’m Surprised Apple’s Prime Day Deals Haven’t Sold Out Yet
PSA: The AirPods Max 2 just dropped to its lowest price of all time.
Topics:
Related coverage for "MiniMax’s CEO won’t take a salary until AGI. His company just raised $2bn after an 80% crash": Times of India — AI company CEO pays $1.7 million a year so employees can live in one of America's most expensive neighbourhoods. Globes English — Tower shareholders nix new compensation policy. Guido Fawkes — Ofcom Chief Executive’s Inflation-Busting Pay Rise Takes Her Salary to Almost £500,000. The Economic Times — Shankh Mitra, the world's second-highest paid CEO . The i Paper — BBC abandons bid to claw back Huw Edwards’ £200,000 salary. Boston.com — Market Basket named a top employer in latest U.S. News & World Report list. https://cdn.mos.cms.futurecdn.net/aFSperWAifMjMjLcLpsNad.jpg — Subnautica 2 devs win: Krafton will pay the whole team "significantly more" bonuses than previously planned, but the CEO is still leaving after a settlement . Bounding Into Comics — Asha Sharma Announced More Layoffs, in Addition to 4 Studios Leaving for New Management. DNyuz — Microsoft plans another round of job cuts, impacting thousands of roles. TechCrunch — Fidji Simo steps down from OpenAI’s no. 2 role. TwistedSifter — The CEO Wanted Layoffs to Cut Costs, But One Supervisor Found a Better Way and Nobody Lost Their Job. BoingBoing — Mass layoffs expected at Xbox, as prices go up. Investopedia — This Modelo and Corona Beer Maker Reports Earnings Tuesday. Here's How Much Its Stock Could Move. Fortune — He used to work 90-hour weeks and lost ‘years’ of his life. Now the US Polo Assn. CEO clocks off at 5:30 p.m. and won’t text his team on weekends . Variety — Fidji Simo, OpenAI’s No. 2 Executive, to Step Down to Focus on Recovery From Chronic Illness. The Next Web — Microsoft’s Nadella turns on the AI giants he helped build. FOX Sports Digital — Angels GM John Mozeliak Reassures Coaching Staff, Says ‘No Reason for Massive Change’ . The Motley Fool — Super Micro Computer Is Trading at Its Best Valuation in 18 Months. Should You Buy the Dip?. The Eastern Herald — Fidji Simo Steps Down from OpenAI as No. 2 Executive Amid Health Crisis and IPO Uncertainty. Baltic News Network — How much does the new airBaltic CEO earn? Hilden’s and Gauss’s salaries compared. Kotaku — Only Xbox Was Interested In Kojima’s Horror Game, Other Companies Didn’t ‘Understand The Concept’. Brisbane Times — ‘Too much Kool-Aid’: Inside the struggle for a $389,000 job. The Wall Street Journal - Business — OpenAI Top Executive Fidji Simo to Step Down. Awful Announcing — Dianna Russini was reportedly earning close to $800K a year at The Athletic. NBC Sports — Gary Trent Jr. returning to Bucks on reported fully guaranteed four-year, $64 million deal. SB Nation — Lakers fans don’t want to overpay for Austin Reaves. Kyiv Post — Dropla Tech AI Confirms Over 5,000 Explosive Threats in Ukraine, Joins MITS Capital Portfolio. Korea Times News — Mercedes-Benz Korea's new CEO tasked with recovering EV sales, corporate image. Disclose.tv — [Media] NEW - Microsoft fires 4,800 employees in AI-driven layoff.. https://cdn.mos.cms.futurecdn.net/WFriTGcW9frGoBHGKfkQxV.jpg — CEO of major Japanese studio says employees get pay raises if they ace a quiz about its games, because that's "a genuine skill" . Investing.com — Earnings call transcript: ICON plc Q1 2026 revenue beats as shares jump. Digital Trends — How can small businesses get paid faster?. Seeking Alpha — Biglari Holdings: Conceivably At Fair Value At Today's Prices. Toronto Sun — Why the Ducks matching Leo Carlsson offer sheet spikes NHL salaries. Utusan Malaysia — Ibrahim Sani letak jawatan sebagai CEO Yayasan Peneraju. Cosmopolitan — Honestly, I’m Surprised Apple’s Prime Day Deals Haven’t Sold Out Yet