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Techmeme
July 4, 2025, 10:25 PM
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Top News

KBKG:
President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years  —  Today, the House passed the Senate's version of the “One Big Beautiful Bill Act” (OBBBA), marking a significant overhaul to federal tax policy.
Jordan Blum / Fortune:
How the One Big Beautiful Bill, which Trump signed on July 4, could cost the US the AI race by handicapping efforts to meet data center power demands
Foo Yun Chee / Reuters:
Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews  —  Alphabet's (GOOGL.O) Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers …
Nikkei Asia:
Sources: Samsung is delaying the completion of its Texas fab due to a lack of customers; the plant was meant to come online in 2024, but has been pushed to 2026
Bloomberg:
Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products  —  Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. …
Foo Yun Chee / Reuters:
The European Commission says it won't pause the rollout of its AI Act, after Alphabet, Meta, Mistral, ASML, and others urged the EU to delay the rules by years  —  The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators …
Brian O'Donovan / RTÉ:
Meta says it backs proposals for an EU-wide age of digital adulthood, below which minors would need parental consent to use social media, calling it “effective”  —  Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states.
Charlie Savage / New York Times:
FOIA docs: the Trump administration claimed broad authority to nullify laws in letters to tech firms releasing them of legal liability related to the TikTok ban  —  In purporting to license otherwise illegal conduct by tech firms, President Trump set a precedent expanding executive power, legal experts warned.
Salvador Rodriguez / CNBC:
Sam Altman says he believes in “techno-capitalism” and is “politically homeless” as Democrats no longer encourage a “culture of innovation and entrepreneurship”  —  OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” …
Matt Levine / Bloomberg:
As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets  —  Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0.  —  ‘Tokenization’

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This is a Techmeme archive page. It shows how the site appeared at 10:25 PM ET, July 4, 2025.

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From Mediagazer

Deadline:
Sky strikes a £2.1B output deal with ITV Studios, ITV's production arm, until 2032; ITV Studios is not part of Sky's deal to acquire ITV's TV network

Tim Donnelly / The New York Groove:
Why some staffers at Schneps Media want a union: low pay leads to high turnover and a loss of institutional knowledge at the chain of local newspapers in NYC

Lucas Shaw / Bloomberg:
Sources: Netflix is studying its data to see why viewers quit its shows after S1, with some shows seeing a 30%-70% S2 drop, as it faces a quarter without hits

More News

Arjun Kharpal / CNBC:
Counterpoint Research: iPhone sales in China grew 8% YoY in Q2 2025, boosted by discounts, the first time Apple has recorded growth in China since Q2 2023

Earlier Picks

Kyt Dotson / SiliconANGLE:
London-based Hived, which offers an AI-based logistics and parcel delivery service purpose-built for ecommerce, raised a $42M Series B led by NordicNinja
Will Oremus / Washington Post:
An interview with X VP of Product Keith Coleman about plans to let developers program AI agents to propose Community Notes, humans doing the rating, and more
Cameron Faulkner / The Verge:
Xbox says Arrowhead Game Studios' Helldivers 2 will debut on the Xbox Series X and S on August 26 for $40, the first PlayStation-published title to come to Xbox
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