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July 18, 2025, 7:55 PM
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memeorandum
WeSmirchTop News
| 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 …
More: CBS News, The Verge, Unchained, UPI, Blockworks, Bitcoin Insider, One America News Network, Washington Times, New York Post, New York Sun, Coinpedia Fintech News, MarketWatch, Entrepreneur, BTC Times, Yahoo Finance, Reuters, TheStreet, Fox News, Axios, The Post Millennial, ZeroHedge News, US Newsper, Fortune, Crypto Briefing, United States Committee …, CryptoNinjas, CoinGape, BeInCrypto, Gizmodo, CryptoSlate, The Defiant, Globe and Mail, Cointelegraph, Politico, Blockhead, Townhall, The Hill, Washington Examiner, and Wired
X: @matt_hougan, @whitehouse, @brian_armstrong, @secscottbessent, @paxos, @nic__carter, @chrisbarrett, @coindesk, @bhorowitz, @rapidresponse47, @nic__carter, @bankinggop, @rapidresponse47, @senatortimscott, @matt_hougan, @circle, @paoloardoino, @chainlink, @stellarorg, @krakenfx, @ondofinance, and @ericldaugh
| 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 …
More: US Securities …, The Block, Cointelegraph, US Newsper, Coinpedia Fintech News, and Cryptopolitan. X: @cdixon
| Washington Post: |
More: Gizmodo, Cointelegraph, Coinspeaker, and Coinpedia Fintech News
Bluesky: @drewharwell.com, @washingtonpost.com, and @timobrien
| 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 …
More: TechCrunch, CNBC, Politico, PYMNTS.com, The Register, The Information, Reuters, Engadget, Wall Street Journal, The Decoder, Irish Independent, iPhone in Canada, iClarified, US Newsper, Digit, and MarketWatch
X: @joel_kaplan, @netchoice, @prestonjbyrne, @jamil_n_jaffer, @itsolelehmann, @jamescz19, @rwang07, @kristianstout, @shakeelhashim, @neil_chilson, @typewriters, @luizajarovsky, @joel_kaplan, and @digitaldemoc. LinkedIn: Joel Kaplan. Forums: r/technology
| 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 …
More: The Verge, United States District Court Northern District of California, HotHardware, Wired, Reuters, Stephen Robles, Ars Technica, 9to5Mac, Wccftech, TechSpot, PCMag, Pixel Envy, The Register, iDrop News, iDownloadBlog.com, Engadget, Tom's Guide, Mashable, Business Insider, Dexerto, Macworld, Philip Elmer‑DeWitt, The Mac Observer, Digit, iPhone in Canada, BGR, KnowTechie, Patently Apple, PhoneArena, AppleInsider, Benzinga, Android Authority, Cult of Mac, The Apple Post, Tech Times, Beebom, Android Headlines, MacDailyNews, iClarified, Eshu Marneedi, TechIssuesToday.com, and Daring Fireball
Bluesky: @ernie.tedium.co, @quinnypig.com, @dompreston.com, @glennf.com, @ernie.tedium.co, and @eshumarneedi.com
X: @jon_prosser, @jon_prosser, @gartenberg, @jon_prosser, @jon_prosser, @lukemiani, @vadimyuryev, @maxwinebach, @iconredesign, @gartenberg, @aaronp613, @ostynhyss, @ostynhyss, @_octopus0, and @tgod34748
Forums: r/technology, r/apple, Beehaw, and MacRumors Forums
| 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 …
More: NBC News, CNBC, The Hollywood Reporter, al.com, Business Insider, The Guardian, The Hollywood Gossip, Dexerto, Chicago Tribune, Worcester Telegram & Gazette, New York Post, The US Sun, San Francisco Chronicle, Kotaku, CBS News, Us Weekly, TMZ.com, Fox News, Fox Business, TheCable Lifestyle, Glamour, TotalProSports, HELLO!, Page Six, and TODAY.com
X: @astronomerio, @typesfast, @lulumeservey, @signulll, @philipaklein, @polymarket, @popbase, @whitneycummings, @kalshi, @growing_daniel, @greg16676935420, @greg16676935420, @dawgs_forever, @emayhawk, @growing_daniel, @dieworkwear, @qwik, @songadaymann, @popbase, @axios, @patiencexx4, @popbase, and @coldplay. LinkedIn: Devin P.
| 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.
More: Microsoft Support, The Verge, Gizmodo, Game Developer, Tom's Guide, How-To Geek, PCWorld, Thurrott, Engadget, XboxEra, Neowin, XDA Developers, Pure Xbox, TheGamer, Cryptopolitan, Variety, and Screen Rant
Forums: r/Windows11, r/MtvChallenge, r/pcgaming, and r/Games
| Larry Neumeister / Associated Press: |
Clothing inventory monetization startup CaaStle's ex-CEO Christine Hunsicker is charged with defrauding investors of more than $300M over the past six years — A former chief executive of two clothing technology companies who was once portrayed as an on-the-rise fashion entrepreneur …
More: Bloomberg, US Department of Justice, Reuters, TechCrunch, Axios, and New Jersey Online
| 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 …
More: The Verge, The Adobe Blog, Business Standard, Gadgets 360, Moneycontrol, and TVBEurope
X: @icreatelife, @hbcoop_, and @acostin
| 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.
More: The Guardian, Ars Technica, Engadget, VICE, Screen Rant, TechCrunch, Business Insider, iPhone in Canada, Nairametrics, City A.M., PCMag, UPI, Digital Trends, CNET, EasternEye, TechRadar, The Hans India, The Tab, PetaPixel, Ukrainian National News, The Verge, T3, TVBEurope, Livemint, TechIssuesToday.com, The Hollywood Reporter, and CNBC
Bluesky: @carnage4life, @pollypw, @nrvscrcts, and @iansociologo
Mastodon: @carnage4life@mas.to and @kdkorte@fosstodon.org
X: @kortizart, @venturetwins, and @andrewcurran_
Forums: r/ArtistHate, r/artificial, r/singularity, and r/aiwars
| 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.
More: Electronic Frontier Foundation, The Verge, ZDNET, Tom's Guide, Fortune, and Entrepreneur
| 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.| Maxwell Zeff / TechCrunch: |
Sources: Cursor maker Anysphere acquired Koala, an AI-powered CRM startup that raised a $15M Series A five months ago; Koala plans to shut down in September — The startup behind the viral AI coding app Cursor is snapping up top talent from AI enterprise startups in a bid to bolster …
More: Koala and The Information
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