EU Social Media Law: What would change for children?

• Siemens Energy reported record orders, revenue, and profitability in its most recent quarterly financial results. • The company's wind turbine division, Siemens Gamesa, achieved its first positive quarterly result since 2022.

• The European Commission stated on July 6, 2026, that a French bill banning social media access for children under 15 does not fully align with European Union law. • France is pursuing this restriction alongside Spain and Denmark, following Australia's lead as the first country to implement a digital age of majority in December 2025.

• Denmark announced in November 2025 that it will ban social media access for children under the age of 15. • Parents may still provide access to specific platforms for children as young as 13.

• Norway and Slovenia are developing new laws to restrict children's access to social media platforms. • Norway is working toward a 16-year-old age threshold that requires technology companies to verify the ages of their young users.

• Ethereum prices rose 1.8% to $2,480 during intraday trading today. • The cryptocurrency is maintaining its value above key moving averages despite uncertainty regarding Federal Reserve interest rate changes.

• PepsiCo shares fell 1.91% this week to close at $133.61. • The price drop follows reports of weak demand in North America and pressure on profit margins.

• Circle stock rose 5.25% to $84.67 today following the launch of the Arc mainnet and the addition of new institutional partnerships. • The stock is currently trending toward a resistance level of $88.01, which is a price point where selling pressure typically increases.

• A Republican candidate for the Texas Railroad Commission posted a photo of a University of Texas football game to claim the student body's demographics have shifted. • The author highlights the "Samosa Caucus," a group of Indian-American politicians, and notes there are 50 Indians serving in state houses.

• AI researchers and security teams reported a series of critical safety failures and misuse incidents between September 11 and 17, 2026. • Anthropic's threat intelligence team disclosed that users in Houthi-controlled northern Yemen used the Claude AI to design a guidance system for a 1,200-mile ballistic missile.

• The International Crimes Tribunal sentenced Awami League General Secretary Obaidul Quader and six others, including former State Minister Mohammad Ali Arafat, to death for crimes against humanity. • These sentences were handed down in absentia, meaning the accused were not present in custody during the proceedings.

• The Union of B.C. Municipalities expressed concern that a potential snap provincial election called by Premier David Eby could overshadow local government elections this fall. • Local officials are worried that overlapping election cycles would distract voters and reduce turnout for municipal races.