Techmeme
July 17, 2025, 4:50 PM

Top News

Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 16% YoY to $11.08B, vs. $11.07B est., net income of $3.13B, and forecasts 2025 revenue of $44.8B-$45.2B, up from $43.5B-$44.5B  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices
Axios:
The House passes the GENIUS Act, sending the first-ever regulatory framework for issuers of stablecoins to President Trump for his signature  —  The House passed legislation Thursday establishing the first-ever regulatory framework for issuers of stablecoins, sending the landmark GENIUS Act to President Trump for his signature.
Hayden Field / The Verge:
OpenAI debuts ChatGPT Agent, which can control an entire computer and perform multi-step tasks, powered by a new dedicated model, rolling out to paid users  —  One employee uses it to automate his weekly parking requests at OpenAI's San Francisco office.
Dan Shipper / Every:
Tom Hals / Reuters:
Meta shareholders suing Mark Zuckerberg and Meta leaders over alleged Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial  —  Mark Zuckerberg and current and former directors and officers of Meta Platforms (META.O) agreed on Thursday to settle claims seeking $8 billion …
Andrew J. Hawkins / The Verge:
Uber partners with EV maker Lucid and AV startup Nuro to deploy 20K+ robotaxis in the US over six years; Uber plans to invest $300M in Lucid and more in Nuro  —  The companies plan to launch 20,000 robotaxis in the US over the next six years, starting with the first city in 2026.
Debby Wu / Bloomberg:
TSMC reports Q2 net income up 61% YoY to ~$13.5B, beating est. every quarter since 2021, and raises its 2025 sales growth guidance in USD from mid-20% to 30%  —  Taiwan Semiconductor Manufacturing Co. raised its outlook for 2025 revenue growth, shoring up investors' confidence in the momentum of the global AI spending spree.
Nikkei Asia:
TSMC CEO C.C. Wei says the company is speeding up construction of its second and third Arizona plants “by several quarters” to meet chip demand from US clients  —  TOKYO — Taiwan Semiconductor Manufacturing Co. says it is speeding up construction of its second and third plants in Arizona …
New York Times:
Substack raised a $100M Series C from Chernin Group, a16z, and others, sources say at a $1.1B valuation, as it builds its social network and warms up to ads  —  Substack, originally a newsletter service, says its app now has millions of users interacting with its creators.
Sarah Perez / TechCrunch:
Jack Dorsey invests $10M in “and Other Stuff”, a nonprofit focused on funding open-source projects and tools built on open protocols like Nostr and ActivityPub  —  Twitter co-founder and Block CEO Jack Dorsey isn't just vibe-coding new social apps, like Bitchat and Sun Day …
Jay Peters / The Verge:
Roblox taps Persona to estimate users' ages and verify they are 13+, renames Friends to Connections, and says only users over 13 can message Trusted Connections  —  Teens will have to prove they are older than 13 to make ‘Trusted Connections’ they can chat more freely with.
Jonathan Greig / The Record:
Google says threat actors are breaching fully patched, end-of-life cybersecurity company SonicWall's appliances and stealing sensitive data from organizations  —  Threat actors are stealing sensitive data from organizations by breaching end-of-life appliances made by cybersecurity company SonicWall.
Matthias Bastian / The Decoder:
Google's Veo 3 video generation model launches on the Gemini API, with an eight-second video costing $6, making it one of the most expensive AI video options  —  Google's Veo 3 video generation model is now available through the Gemini API, with a price point that puts it among the more expensive options for AI video.
Parmy Olson / Bloomberg:
Big Tech's acquihires of AI startups, like Meta's $14.3B Scale AI deal, leaves investors with modest or no returns and may further entrench Big Tech's dominance  —  Meta and Google's AI talent grab may lead to more sustainable tech companies.  —  If you're a venture capitalist …
Financial Times:
Sources: Perplexity jumped to a $18B valuation two months after it raised at $14B; its annualized revenues jumped from $35M in August 2024 to $150M this month  —  Artificial intelligence-powered search engine lures new investors to back higher price tag  —  Artificial intelligence search …
Aria Alamalhodaei / TechCrunch:
Hadrian, which is building largely automated factories to produce space and defense parts, raised a $260M Series C, bringing its total funding to ~$500M  —  Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest …
Li Yuan / New York Times:
Chinese game Revenge on Gold Diggers, one of the most popular and contentious video games in the country, sparks a debate over misogyny and male resentment  —  A popular and contentious game, Revenge on Gold Diggers, sheds light on misogyny, inequality and the feeling among many men that they are economic victims.
Forums: r/China
Irina Ivanova / Fortune:
Delta plans for 20% of its fares to be individually determined using AI by the end of 2025, up from ~3% now, and has a goal to eliminate static pricing entirely  —  Each passenger has their specific price, and AI is helping Delta find it.  — Delta has a long-term strategy to boost …

Sponsor Posts

Airtable:
Deep analysis for deep questions  —  Introducing Superagent.  A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Zoho:
App Spotlight: Plug&Play Currency Sync for Zoho CRM  —  App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Cheeky Pint:
Stripe's 2025 annual letter
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Invest Like the Best:
Dan Sundheim - The Art of Public and Private Market Investing
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
How Malwarebytes Is Protecting Millions In The Era Of AI Scams | Marcin Kleczynski
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Big Technology Podcast:
OpenAI Closes in on $100 Billion, OpenClaw Acquired, AI's Productivity Question — With Aaron Levie
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
The Pentagon vs. Anthropic + An A.I. Agent Slandered Me + Hot Mess Express
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:50 PM ET, July 17, 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.

More News

Chainalysis:

Earlier Picks

Daniel Kuhn / The Block: