Techmeme
July 5, 2025, 11:05 AM

Top News

Rachyl Jones / Semafor:
A look at Meta's recent hires for its nascent superintelligence unit, including Pei Sun, who developed two generations of Waymo's perception models  —  Meta's new hires offer a glimpse into its nascent superintelligence unit, aimed at making the social media company's AI capabilities more competitive with industry leaders.
More: CNBC and The Decoder
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.
Jesse Coghlan / Cointelegraph:
House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act  —  US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they've dubbed “Crypto Week.”
Shaurya Malwa / CoinDesk:
Two dormant Bitcoin wallets, each holding 10,000 “Satoshi era” BTC since 2011, transferred the coins to new wallets using a modern, lower-fee address format  —  All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” …
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 …
Ben Geman / Axios:
Emerald AI, whose software lets AI data centers flexibly adjust power consumption, raised a $24.5M seed led by Radical Ventures, with NVentures participating  —  AI giant Nvidia and boldface names in tech and finance are backing a new startup that aims to transform data centers into flexible grid assets instead of liabilities.
RT Watson / The Block:
Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M  —  - Bitkfraft Ventures and Brevan Howard Digital co-led a $30.5 million funding round in Distinct Possibility Studios, the new gaming firm from EverQuest co-creator John Smedley.
More: NFTgators

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More News

Salvador Rodriguez / CNBC:

Earlier Picks

Foo Yun Chee / Reuters:
Yang Jie / Wall Street Journal:
Matt Levine / Bloomberg:
Charlie Savage / New York Times: