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July 16, 2025, 10:00 PM
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Eleanor Olcott / Financial Times:
In Beijing, Jensen Huang says Nvidia will “accelerate the recovery” of its China chip sales and he expects its US export licenses “to come through very shortly”  —  Jensen Huang tells Beijing press conference it takes nine months to restart supply chain
Reuters:
At a supply chain expo in Beijing, Jensen Huang calls AI models from DeepSeek, Alibaba, and Tencent “world class” and says AI is “revolutionizing” supply chains
New York Times:
Jensen Huang says “I don't think I changed” Trump's mind on the US' China export rules, and “it's my job to inform the president about what I know very well”
Reuters:
US Commerce Secretary Howard Lutnick says Nvidia's plan to resume its H20 AI chip sales to China is part of US trade negotiations over rare earths and magnets
Natasha Mascarenhas / The Information:
Sources: Anthropic has rehired Boris Cherny and Cat Wu, who developed Claude Code, just two weeks after they left for Cursor developer Anysphere  —  In a surprising reversal, two leaders of Anthropic's coding product who joined rival Anysphere two weeks ago have returned to Anthropic …
Bloomberg:
Scale AI says it is laying off 200 full-time employees, or ~14% of its global workforce, and will stop working with 500 contractors, after Meta invested $14.3B  —  The AI data-labeling company is laying off 200 full-time employees and will stop working with 500 contractors.
Aisha Malik / TechCrunch:
Google Search's AI Mode gets Gemini 2.5 Pro and new deep research capabilities; Google expands its AI-powered business calling feature to all users in the US  —  Google is rolling out an agentic AI-powered business-calling feature to all users in the United States, the company announced on Wednesday.
Reuters:
Voting in the US House on whether to open debate on several cryptocurrency bills bogged down on Wednesday, a day after Trump intervened to save the initiative  —  Voting in the U.S. House of Representatives on whether to open debate on several cryptocurrency bills bogged down on Wednesday …
Associated Press:
The trial for an $8B lawsuit by Meta investors against Mark Zuckerberg and other leaders opens over claims tied to the 2018 Cambridge Analytica privacy scandal  —  An $8 billion class action investors' lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former …
Chris Welch / Bloomberg:
Google announces a Pixel event for August 20 in NYC, with the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL Pixel 10 Pro Fold, and the fourth-gen Pixel Watch expected  —  Alphabet Inc.'s Google will debut new Pixel-branded hardware at an event on Aug. 20 in New York, with the lineup expected …
Rachyl Jones / Semafor:
AWS rolls out Amazon Bedrock AgentCore in preview to help businesses deploy and operate AI agents that analyze internal data, write code, and handle other tasks  —  Amazon Web Services on Wednesday launched a platform to help businesses build a web of connected AI agents to analyze internal data …
Molly Schuetz / Bloomberg:
HPE makes several business changes, including forming a strategy committee and appointing a new board member, as it agrees to work with Elliott to boost value  —  Hewlett Packard Enterprise Co. announced several business changes, including the formation of a new strategy committee …
Mauro Orru / Wall Street Journal:
ASML CEO Christophe Fouquet says “while we still prepare for growth in 2026, we cannot confirm it”, after Trump threatened 30% tariffs on the EU; ASML falls 11%  —  Statement from Dutch chip-making equipment supplier comes days after Trump's 30% levy threat against the EU
Arjun Kharpal / CNBC:
ASML reports Q2 net sales up 23% YoY to €7.7B, above €7.52B est., net bookings of €5.5B, above €4.19B est., and forecasts Q3 revenue below estimates
Jordan Robertson / Bloomberg:
Europol and Eurojust disrupt pro-Russian hacktivist group NoName057(16) that has claimed responsibility for 1,000+ DDoS attacks since 2022, and make two arrests  —  Aramco's VC Arm Backs Record AI Funding Round for Saudi Startup  —  Get the Tech In Depth newsletter.
Shaurya Malwa / CoinDesk:
Crypto exchange BigONE confirms a $27M hack from a hot wallet exploit, plans to pay back users and is working with security firm SlowMist to trace stolen assets  —  BigONE is working with blockchain security firm SlowMist to track the stolen assets, with fund tracing already underway across Bitcoin …
Will Knight / Wired:
Reflection, co-founded by ex-Google researchers, unveils Asimov, an AI agent that reads a company's codebase, docs, and more to help software engineering teams  —  The mission?  Teaching models to better understand how to build code will lead to superintelligent AI.
Daniel Kuhn / The Block:
In response to a March FOIA request, the US Marshals Service said it held over 28,988 BTC, worth ~$3.4B at current prices, far fewer than previously believed  —  - The U.S. Marshals Service reportedly holds slightly over 28,988 BTC, worth about $3.4 billion, as of March …
Kylie Robison / Wired:
Sources: OpenAI researcher Jason Wei, who worked on o3 and deep research models, and his colleague Hyung Won Chung are joining Meta's new superintelligence lab  —  Jason Wei, who worked on OpenAI's o3 and deep research models, will be joining Meta's superintelligence lab.
Nathan Owens / Manufacturing Dive:
Filing: Intel is laying off 5,000+ employees across California, Oregon, Texas, and Arizona; California cuts affect 1,935, more than double the initial estimates  —  The chipmaker more than doubled its anticipated job cuts in California, adding to its overall downsizing across four states.
Leo Schwartz / Fortune:
NYC-based Talos, which develops digital asset trading infrastructure, acquires Boston-based blockchain data provider Coin Metrics, a source says for $100M+  —  Talos cofounders Ethan Feldman (L) and Anton Katz (R)  —  COURTESY OF TALOS  —  M&A season in the crypto industry is heating up.

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This is a Techmeme archive page. It shows how the site appeared at 10:00 PM ET, July 16, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Dan Mangan / CNBC:
Trump files a $10B defamation lawsuit against the BBC in a Florida court, alleging it deceptively doctored his January 6 speech in a Panorama documentary

Jake Kanter / Deadline:
The UK government begins its review of the BBC's charter, set to expire in 2027, as ministers consider licence fee reforms and allowing more commercial revenue

Alex Weprin / The Hollywood Reporter:
Howard Stern signs a new three-year deal with SiriusXM, after a report earlier this year suggested that his show was about to be canceled

More News

Casey Newton / Platformer:
xAI's Grok is rated for kids aged 12 and up in the iOS App Store, despite adding “companions”; one includes an NSFW “Bad Rudy” mode and the other becomes NSFW
Zac Bowden / Windows Central:
Microsoft begins testing a Windows 11 feature for sharing the entire desktop with Copilot Vision; it requires first entering a special mode in the Copilot app
Financial Times:
Sources: OpenAI aims to integrate a checkout system into ChatGPT, to ensure users complete transactions within the platform, with merchants paying a commission

Earlier Picks

Joseph Menn / Washington Post:
CrowdStrike: Chinese hacking attacks on US targets more than doubled from 2023 to 330+ incidents in 2025; US officials say China has shifted to hacking-for-hire
Meaghan Tobin / New York Times:
China, which pledged $8.5B for young AI startups in April, is taking an industrial policy approach to help its AI companies close the gap with those in the US
IDC:
In Q2 2025, smartphone shipments in China fell 4% YoY to 69M; Huawei reclaimed the top spot after over four years with an 18.1% share, followed by Vivo's 17.3%
Jonathan Greig / The Record:
Google says its Big Sleep AI agent for finding unknown software vulnerabilities recently discovered a critical SQLite flaw that “was at risk of being exploited”
Naga Avan-Nomayo / The Block:
SharpLink Gaming, a Nasdaq-listed online gambling marketing company, becomes the largest corporate ether holder with 280,706, surpassing the Ethereum Foundation
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