Current Business News and Trending AI Tools: July 3, 2025

Here are the latest business and tech news, and current trending AI tools in digital marketing on July 3, 2025:

Current Business Updates and Tech News

Perplexity launched the Perplexity Max plan at $200/ month. It includes unlimited Labs, early access to Comet (their new browser), advanced model options, and priority support.
TikTok: According to Bloomberg, TikTok is laying off more employees working on TikTok Shop US because it is not performing well.
Terra CO2 cemented $124 million in Series B Funding to slash concrete’s carbon footprint (pun intended).
Microsoft announced that it will lay off 9,000 employees in the latest round of cuts.
Rivian received $1 billion from Volkswagen Group. Per SEC filings, the investment is part of the $5.8 billion agreement associated with the Rivian and Volkswagen Group technology joint venture.
Qantas, an Australian airline, announced that it experienced a data breach involving the personal information of at least 6 million passengers.

Cline – an open-source, AI-powered coding assistant designed to automate complex software development tasks.
Figma – offers a suite of tools for streamlining workflows for designers.
Gamma – an AI-powered platform that creates presentations, websites, and documents from text prompts.
Cursor – an AI-powered code editor built on VS Code, designed to enhance developer productivity.
Cosine – an autonomous AI software engineer that mimics human reasoning by handling complex coding tasks.
Midjourney – a generative AI tool that creates high-quality videos and images from text prompts.