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Techmeme
July 18, 2025, 7:40 AM
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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  —  Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025.
Emma Roth / The Verge:
Netflix says it's on track to double its advertising revenue this year and that it will roll out interactive ads in the second half of 2025
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:
Hands-on with ChatGPT Agent: combines OpenAI's Operator and deep research tools and is incredibly simple to use, but less customizable than Claude Code
Financial Times:
Sources: Trump is expected to sign an executive order as soon as this week that would open up 401(k) plans to cryptocurrency and other alternative investments  —  President preparing executive order to allow 401k plans to tap broad pool of alternative assets
Reuters:
The US House passes the GENIUS Act, sending the stablecoin bill to Trump for his signature, and advances two other crypto bills to the Senate for consideration  —  The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known …
Eric Slivka / MacRumors:
Apple sues YouTuber Jon Prosser and an Apple staffer's friend over iOS 26 leaks, for allegedly accessing the staffer's iPhone; Prosser denies the claim  —  Earlier this year, YouTuber Jon Prosser shared multiple videos showing off what he claimed to be re-created renderings of what was then presumed …
Lora Kolodny / CNBC:
Neuralink filed on April 24 as a “small disadvantaged business” that could give it preferential access to federal opportunities, before being valued at $9B  —  Elon Musk's health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing …
More: Musk Watch.  Bluesky: @calebecarma, @calebecarma, and @lorak.  Mastodon: @WarnerCrocker@mastodon.social.  LinkedIn: Lora Kolodny.  Forums: r/EnoughMuskSpam
Bloomberg:
Sources: Meta hired AI researchers Mark Lee, from Apple's Foundation Models team, and Tom Gunter, who left Apple in June, for its superintelligence lab  —  Meta Platforms Inc. hired a pair of key artificial intelligence researchers who worked at Apple Inc., shortly after poaching their former boss from the iPhone maker.
Wall Street Journal:
Sources: the White House is preparing an EO requiring AI companies with federal contracts to be neutral and unbiased, to combat what officials see as “woke AI”  —  The order would be one of several expected to be released outlining the president's vision for winning the AI race with China
Financial Times:
Sources: Perplexity was valued at $18B in a reported $100M extension round; 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 engine Perplexity …
Alex Heath / The Verge:
Q&A with Perplexity CEO Aravind Srinivas on the browser as AI's killer app, AI talent wars, why users may eventually pay thousands for a single prompt, and more
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.
Sean Hollister / The Verge:
Lenovo Legion Go S review: SteamOS is a huge improvement over Windows, but battery life falls behind Windows-based handhelds and its touchpad is nearly useless  —  Valve's Steam Deck has dominated the handheld gaming PC space since its 2022 debut.  But even as more powerful Windows handhelds arrived …
Forums: r/LegionGo
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 …
Foo Yun Chee / Reuters:
The EU issues guidelines to help AI models with systemic risks comply with the AI Act, after criticism from some companies about lack of clarity  —  The European Commission set out guidelines on Friday to help AI models it has determined have systemic risks and face tougher obligations …
Sam Rutherford / Engadget:
Samsung Galaxy Z Fold7 review: looks like a regular phone with an exquisitely thin design, has top-tier performance, but is very pricey and lacks S Pen support  —  After several generations of iterative updates, it feels like Samsung tossed the Galaxy Z Fold 7 into a Hyperbolic Time Chamber …

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This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, July 18, 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

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

Oliver Darcy / Status:
Sources: David Ellison's interference in WBD's failed summer talks to extend HBO Max's South Park licensing deal left David Zaslav distrustful of Ellison

Alexandra Steigrad / New York Post:
Sources: Forbes has cut ties with dozens of contributing writers; one exec said Forbes needs to ensure the contributor model is “financially sound”

More News

Bloomberg Law:
A federal judge reinstates FTC Commissioner Rebecca Kelly Slaughter, months after President Trump sought to fire her and Democratic colleague Alvaro Bedoya
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
Michael Teo Van Runkle / Ars Technica:
Apple CarPlay Ultra hands-on: currently exclusive to Aston Martin, enhances center console integration, works smoothly with driver assist systems, and more

Earlier Picks

Sara Fischer / Axios:
Meta names long time executive Connor Hayes as head of Threads, starting in mid-September; Hayes joined Meta in 2011
Blake Brittain / Reuters:
A US judge rules that three authors suing Anthropic can bring a class action on behalf of all US writers whose books Anthropic allegedly pirated to train its AI
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
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
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