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Techmeme
July 14, 2025, 7:25 AM
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Mark Gurman / Bloomberg:
With Tim Cook likely to lead Apple through this decade, a look at Apple's executive succession challenges as many of Cook's direct reports near retirement age  —  Also: The company is scaling back the iOS 26 Liquid Glass revamp; a look at upcoming devices; and Meta poaches Apple's top AI models executive.
Kirk Ogunrinde / Bloomberg:
Bitcoin reached a new all-time high of over $121K on July 14, up about 30% since December 2024, after more than doubling in value in 2024  —  Bitcoin reached $120,000 for the first time, with investor optimism increasing almost daily after it emerged from a narrow trading range …
Jacob Silverman / The Nation:
Analysis: there is little evidence that UAE-based Aqua 1 Foundation, the largest investor in Trump's World Liberty Financial after buying $100M tokens, exists  —  The strange saga of a shadowy UAE company's $100 million investment in World Liberty Financial, the Trump-aligned crypto trader
Noor Al-Sibai / Futurism:
An Internet Matters survey of 1,000 UK kids aged 9 to 17 finds 67% say they use AI chatbots regularly; of that group, 35% say it feels like talking to a friend  —  “Sometimes they can feel like a real person and a friend.”  —  Lonely children and teens are replacing real-life friendship with AI, and experts are worried.
Nikkei Asia:
Satellite imagery and eyewitness testimony reveal that online scam centers are proliferating rapidly in Myanmar despite a large-scale crackdown in February 2025  —  The number of scam centers in eastern Myanmar is expanding at a rapid pace.  Even after a large-scale crackdown in February …
Forums: Hacker News
Ian King / Bloomberg:
Jensen Huang says China's military is unlikely to use Nvidia's AI chips, citing the risk of the chips being “limited at any time” due to US export restrictions  —  Addressing the largest concern Washington has cited in placing increasing restrictions on US technology exports to the Asian nation …
Tim Fernholz / New York Times:
A look at WindBorne, which uses weather balloons and AI to improve forecasting, as potential budget cuts to NOAA threaten its access to public weather data  —  Weather forecasts, believe it or not, have come a long way.  A five-day forecast today is as accurate as a three-day forecast four decades ago.
Wall Street Journal:
Sources: SpaceX has agreed to invest $2B in xAI, as part of xAI's $5B equity fundraise announced by Morgan Stanley last month  —  The startup is leaning on Musk's business empire to play catch-up in the AI race  —  Elon Musk's SpaceX has agreed to invest $2 billion in xAI …

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From Mediagazer

Bloomberg:
A profile of Studio Ghibli, which released its last film over two years ago, as its creative succession remains unresolved; the studio says it is AI agnostic

Max Tani / Semafor:
The Daily Mail hires Mike Rothman, most recently president of The Dispatch, as general manager to oversee its North American business and video expansion

Sharon Udasin / The Times of Israel:
Alyssa Katz, who became EIC of Jewish newspaper The Forward in January, has left; she previously worked in editorial positions for The City and NY Daily News

More News

Earlier Picks

Financial Times:
Insiders describe Linda Yaccarino's tumultuous partnership with Elon Musk and say the two failed to gel as Musk's blunt style clashed with Yaccarino's polish
Anthony Ha / TechCrunch:
xAI apologizes for Grok's “horrific behavior” when it wrote antisemitic posts on July 8, and blames “an update to a code path upstream of the Grok bot”
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