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July 18, 2025, 9:00 PM
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Bloomberg:
President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will “secure the dollar's status as the world's reserve currency”  —  President Donald Trump signed the first federal bill to regulate stablecoins, hailing it as a “giant step …
Bloomberg:
SEC Chairman Paul Atkins says the GENIUS Act is a “historic step” and the SEC is weighing an “innovation exemption” from regulations to incentivize tokenization  —  The Securities and Exchange Commission is weighing an innovation exemption from regulations to incentivize tokenization …
Washington Post:
Analysis: nearly 70 Trump administration officials and nominees held crypto or investments in blockchain or digital-asset firms at the time of their selection
Gian Volpicelli / Bloomberg:
Joel Kaplan says Meta won't sign EU's AI code of practice, calling its guidelines overreach that will throttle development and deployment of AI models in Europe  —  Meta Platforms Inc. said it won't sign the code of practice for Europe's new set of laws governing artificial intelligence …
Eleanor Hawkins / Axios:
Source: the CEO and the chief people officer of Astronomer were put on leave after a video of them cuddling on a kiss cam at a Coldplay concert went viral  —  Astronomer — the software company that made headlines after a video of its CEO Andy Byron and chief people officer Kristin Cabot canoodling …
Eugene Kim / Business Insider:
Ring reinstated its mission to “make neighborhoods safer” and reintroduced video sharing with police in April, as its founder led an overhaul since his return  —  - Ring founder Jamie Siminoff has led a broad overhaul of the company since his return in April.
Zac Bowden / Windows Central:
Microsoft shuts down the Movies & TV storefront on the Microsoft Store on Windows and Xbox; users will continue to be able to access their past purchases  —  After 12 years, Microsoft is shutting down its storefront that let Windows and Xbox users buy or rent Movies & TV shows natively on the platform.
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 …
Sabrina Ortiz / ZDNET:
Adobe updates its Firefly video model and adds a beta Generate Sound Effects tool that can create custom sounds from text prompts and the user's voice  —  Just a year and a half ago, the latest and greatest of Adobe's Firefly generative AI offerings involved producing high-quality images …
Jessica Lyons / The Register:
Google files a lawsuit in the US against 25 unnamed individuals in China, accusing them of operating the BadBox 2.0 botnet, compromising 10M+ devices worldwide  —  Ads giant complains of damage to its reputation and finances ... and crime, too  —  Google has filed a lawsuit …
Ari Levy / CNBC:
S&P Global says Block will join the S&P 500 on July 23, after announcing Monday that ad tech firm The Trade Desk will also be added; XYZ jumps 9%+ after hours  —  Block shares jumped more than 10% in extended trading on Friday, as the fintech company get set to join the S&P 500, replacing Hess.
Osmond Chia / BBC:
Ted Sarandos says The Eternaut featured the first GenAI final footage in a Netflix original and that the VFX costs would have been too high otherwise  —  Netflix says it has used visual effects created by generative artificial intelligence (AI) in one of its original TV shows for the first time.
Reuters:
Source: Blackstone has withdrawn from the consortium led by Susquehanna and General Atlantic seeking to invest in TikTok US, after considering a minority stake  —  Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok's U.S. operations, a source familiar with the matter told Reuters on Friday.
More: Bloomberg

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:00 PM 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

Mark Sweney / The Guardian:
Ampere Analysis: UK streaming subscribers on ad-supported tiers will reach 26.5M by the end of 2025, surpassing the 23.1M ad-free subscribers for the first time

The Guardian:
The UK has spent more than £500K since 2024, including £350K by the Department for Education, on 215 influencers to promote government campaigns

Daniel Thomas / Financial Times:
As the BBC fights Trump's $10B lawsuit and ITV plans to combine its broadcasting business with Sky in 2026, a look at the slow death of the UK's TV channels

More News

Sidhartha Shukla / Bloomberg:
Total crypto market value surpassed $4T for the first time, driven by altcoin rallies and US legislative momentum; Ether jumped 22% over the past five days

Earlier Picks

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
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
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
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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