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July 19, 2025, 12:55 AM
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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 …
More: CBS News, Reuters, Breitbart, Bitcoin Insider, Reclaim The Net, US Newsper, One America News Network, Washington Times, Yahoo Finance, The Verge, Entrepreneur, New York Sun, Coinpedia Fintech News, Axios, UPI, United States Committee …, Fox News, TheStreet, CoinGape, BeInCrypto, New York Post, Reuters, Blockworks, Cointelegraph, CryptoSlate, CryptoNinjas, The Post Millennial, BTC Times, Gizmodo, The Defiant, Globe and Mail, The Hill, Politico, and Washington Examiner
X: @secscottbessent, @matt_hougan, @luke_metro, @davidsacks47, @s_alderoty, @whitehouse, @secscottbessent, @brian_armstrong, @whitehouse, @paxos, @nic__carter, @chrisbarrett, @coindesk, @bhorowitz, @rapidresponse47, @nic__carter, @bankinggop, @rapidresponse47, @senatortimscott, @brian_armstrong, @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 … | 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: CNBC, TechCrunch, Politico, PYMNTS.com, Reuters, Wall Street Journal, The Register, Engadget, iPhone in Canada, The Decoder, iClarified, The Information, Digit, Irish Independent, and MarketWatch
X: @netchoice, @prestonjbyrne, @jamil_n_jaffer, @itsolelehmann, @jamescz19, @rwang07, @texasgermanbre, @kristianstout, @shakeelhashim, @neil_chilson, @aronfischer0, @typewriters, @luizajarovsky, @emollick, @joel_kaplan, and @digitaldemoc. LinkedIn: Joel Kaplan
Forums: Hacker News and r/technology
| 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: The Verge, Electronic Frontier Foundation, ZDNET, Entrepreneur, Fortune, and Tom's Guide
Bluesky: @youranonjd, @mguariglia, @mguariglia, @eff.org, and @evacide. X: @eugenekim222. Forums: r/technology
| 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, Gadgets 360, Business Standard, Moneycontrol, and TVBEurope
X: @icreatelife, @hbcoop_, and @acostin
| 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, Axios, New Jersey Online, and TechCrunch
| 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, Game Developer, How-To Geek, Gizmodo, PCWorld, Tom's Guide, Cryptopolitan, Engadget, XboxEra, TheGamer, Thurrott, XDA Developers, Neowin, Pure Xbox, Variety, and Screen Rant
Forums: r/pcgaming, r/Games, r/MtvChallenge, and r/Windows11
| 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.| Stephen Nellis / Reuters: |
Microsoft says it will no longer use China-based engineers to provide technical support to the US military, after a ProPublica report raised security concerns — Microsoft (MSFT.O) on Friday said it will stop using China-based engineers to provide technical assistance to the U.S. military … | 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 …
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X: @astronomerio, @typesfast, @mikeisaac, @mikeisaac, @emayhawk, @popbase, @growing_daniel, @polymarket, @popbase, @luke_metro, @popbase, @whitneycummings, @growing_daniel, @lulumeservey, @coldplay, @axios, @signulll, @songadaymann, @dieworkwear, @patiencexx4, @qwik, @kalshi, @philipaklein, @greg16676935420, @greg16676935420, and @dawgs_forever. LinkedIn: Devin P.
| 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
| Wall Street Journal: |
Sources: Mark Zuckerberg has offered 10+ OpenAI researchers packages of $300M over four years, and asked OpenAI's Mark Chen if he would consider joining Meta — The cutthroat recruitment efforts to land the smartest minds in Silicon Valley have hit a feverish new peak in recent days
X: @berber_jin1
| Samuel Stolton / Bloomberg: |
The European Commission accepts Corning's offer to end exclusivity terms in its supply contracts, ending an antitrust investigation opened in November 2024 — Corning Inc. has avoided the threat of European Union antitrust fines, after it agreed to end exclusivity terms in its supply contracts …
More: Agence France-Presse, European Commission, MLex, and Reuters
| Bloomberg: |
Sources: at least six of China's biggest VC firms are targeting a combined $2B in new USD-denominated funds to allow overseas investment in Chinese startups — China's largest venture capital houses are tapping the market for at least $2 billion in new funds, re-engaging with the country's startups … Sponsor Posts
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