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July 14, 2025, 1:10 PM
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memeorandum
WeSmirchTop News
| Yash Roy / Bloomberg: |
Republican House leaders expect to pass the GENIUS Act this week, sending Congress' first crypto legislation to the president, and vote on two more crypto bills — Republican House leaders anticipate passing an industry-friendly stablecoin regulatory bill this week, sending Congress's …
More: Axios, The Hill, DL News, Associated Press, Straight Arrow News, UPI, MSNBC, Newser, and Motley Fool
| Bloomberg: |
Bitcoin hit an all-time high at $122,000+ on July 14, up ~30% since January 2025, after more than doubling in 2024; ether hit $3,000+, and altcoins are also up — Bitcoin breached $120,000 for the first time, with investor enthusiasm showing few signs of dimming as the US House … | Lance Ulanoff / TechRadar: |
An interview with Google President of Android Ecosystem Sameer Samat, who says Google is “going to be combining ChromeOS and Android into a single platform” — On Gemini, Samsung, Galaxy AI, Glass, XR, and more — My conversation with Sameer Samat, Android's daddy...er …
More: Android Authority, The Verge, Ars Technica, PCMag, Engadget, Thurrott, 9to5Google, Digit, Chrome OS, Droid Life, Chrome Unboxed, Android Police, SamMobile, Mashable, SammyGuru, Gizchina.com, Business Insider, Tom's Guide, and GSMArena.com
Bluesky: @codfather. Mastodon: @MishaalRahman@androiddev …. X: @lanceulanoff. Forums: Hacker News, r/Android, r/technology, r/google, and r/chromeos
| Matt Burgess / Wired: |
An Indicator analysis of 85 AI “nudify” websites: they average 18.5M monthly visitors, may make up to $36M annually combined, and rely on Big Tech's services — Millions of people are accessing harmful AI “nudify” websites. New analysis says the sites are making millions and rely on tech from US companies.
More: Indicator. Bluesky: @mantzarlis.com and @mantzarlis.com. Mastodon: @mattburgess@infosec.exchange. Threads: @gl3nw. Forums: r/artificial
| Todd Bishop / GeekWire: |
Amazon launches Kiro, an IDE that aims to bridge the gap between rapidly vibe-coded prototypes and production systems with specs, testing, and documentation — A new AI coding tool from Amazon uses agents to automatically create and update project plans and technical blueprints …
More: Kiro, SiliconANGLE, Forbes, The Register, The New Stack, Constellation Research, DevOps.com, and Analytics India Magazine. Forums: Hacker News
| Riley Griffin / Bloomberg: |
Mark Zuckerberg says Meta is building multi-gigawatt datacenter “clusters”, starting with a massive datacenter called Prometheus that will come online in 2026 — Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company is building several massive data centers …
More: Reuters, The Information, Investor's Business Daily, Bloomberg Law, Yahoo Finance, WinBuzzer, and CNBC
| Ian King / Bloomberg: |
Jensen Huang says China's military will avoid using Nvidia's AI chips, citing the risks associated with US export restrictions limiting the chips “at any time” — Addressing the largest concern Washington has cited in placing increasing restrictions on US technology exports to the Asian nation … | Bloomberg: |
Malaysia says individuals and companies must now get a permit 30+ days before exporting AI chips, signaling it's clamping down on exports to places like China — Malaysia will now require permits for exports of high-performance US artificial intelligence chips, suggesting the government …
More: Reuters, Cryptopolitan, The Crypto Times, Times of India, Morningstar, Inc., Benzinga, and The Decoder
| Naga Avan-Nomayo / The Block: |
Crypto asset manager Grayscale confidentially files draft IPO paperwork with the US SEC, offering few details; the DCG subsidiary manages $30B+ — - Grayscale's confidential filing signals the next major U.S. crypto IPO after Circle's debut and could gauge renewed investor demand.| Farah Stockman / New York Times: |
A four-day US military drone exercise in Alaska exposed significant technological and operational gaps compared to Chinese and Russian drone capabilities — A drone made by Neros, a start-up in El Segundo, Calif., took off during a military exercise in the Yukon Training Area in Alaska.Video by Ash Adams| Sarah Perez / TechCrunch: |
Adobe Analytics: Prime Day's four-day event drove over $24B in US e-commerce sales, up 30.3% YoY; traffic from generative AI sources was up 3,300% YoY — Amazon's Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase …
More: Yahoo Finance, Retail TouchPoints, Chain Store Age, Retail Brew, PCMag, MediaBrief, and PYMNTS.com
| 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.
More: Irish Independent, Windows Report, Neowin, and Internet Matters
Bluesky: @lauridonahue, @amandascott2023, @therisingtithes, and @charleswlogan. Mastodon: @dcoderlt@ohai.social
| Deborah Sophia / Reuters: |
The US DOD announces OpenAI, Google, Anthropic, and xAI have won DOD contracts, each with a $200M ceiling, aimed at enabling agentic AI workflows and more — OpenAI, Alphabet's Google (GOOGL.O), Anthropic and Elon Musk's AI firm xAI have won contracts aimed at scaling up adoption … | Todd Spangler / Variety: |
Moonvalley, which is developing “ethical” AI video models trained on licensed content, raised $84M led by General Catalyst, bringing its total funding to $154M — Moonvalley, an AI research company that says it is developing “ethical” foundational AI video models trained exclusively …
More: FinSMEs, Reuters, Business Insider, The Wrap, WORLD SCREEN, and Deadline
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