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NPR (The Associated Press) - Australia plans to strengthen laws banning children from social media

Observers said on Friday the government is responding to evidence that the ban on young children holding accounts on platforms including Facebook, Instagram and YouTube had failed since it came into force in December year.

NYTIMES (Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe and Ian Mount) - Apple, Micron, OpenAI and A.I.’s Rough Summer

Rising memory prices, more expensive iPads and a longer wait for OpenAI to go public: The sector that has driven markets skyward is hitting turbulence.

NPR (Brittney Melton) - Rescuers scramble to find Venezuela earthquake survivors. And, SCOTUS rules on asylum

Rescuers are searching for thousands of people missing after two earthquakes struck Venezuela on Wednesday. And, the Supreme Court says the U.S. can turn away asylum seekers at the border.

AXIOS (Mike Allen) - Scoop: JD Vance raises $4.2 million in Silicon Valley

Vice President JD Vance headlined an RNC fundraiser on Thursday night in Palo Alto, California, at the residence of influential investor and All-In Podcast host Chamath Palihapitiya , raking in $4.2 million for the Republican Party, a source familiar with the dinner tells Axios. Why it matters: Vance, who worked in venture capital before becoming a U.S. senator from Ohio, has always had strong ties to Silicon Valley and the tech world. The dinner was co-hosted by John Underwood of Goldman Sachs. Attendees included Coinbase co-founder and CEO Brian Armstrong , a popular voice of economic freedom on X, and Intel CEO Lip-Bu Tan . - About two dozen supporters paid $250,000 each. Between the lines: Vance's hat as RNC finance chair is helping…