Techmeme
July 19, 2025, 2:15 AM

Top 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 …
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 …
Eugene Kim / Business Insider:
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 …
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 …
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.
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.
The Economic Times:
Reliance Retail launches Ajio Rush, a four-hour fashion delivery service live in six Indian cities, to take on Myntra and other fashion quick commerce startups  —  Reliance Retail has launched Ajio Rush, a four-hour fashion delivery service now live in six cities.  It follows Myntra and others exploring ultra-fast delivery.
More: Inc42 Media
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Source: Blackstone has withdrawn from the consortium led by Susquehanna and General Atlantic seeking to invest in TikTok US, after considering a minority stake  —  Private equity giant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
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 …
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

ElevenLabs:
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Niantic Spatial:
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Zoho:
Common mistakes to avoid when implementing an intranet  —  Implementing an intranet can improve communication and make information easier to access across your organization.  But without the right approach …
IDrive:
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Featured Podcasts

Cheeky Pint:
The world of voice AI, with Mati Staniszewski of ElevenLabs
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Invest Like the Best:
Scott Nolan - SpaceX, Founders Fund, and Rebuilding American Uranium Enrichment
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Channels with Peter Kafka:
Ronan Farrow and Andrew Marantz on Sam Altman's Trust Problem
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Acquired:
Ferrari
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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Lenny's Podcast:
Hard truths about building in the AI era | Keith Rabois (Khosla Ventures)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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.
 

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More News

Jessica Lyons / The Register:
Dina Bass / Bloomberg:

Earlier Picks

Sidhartha Shukla / Bloomberg:
Osmond Chia / BBC:
Eric Slivka / MacRumors:
Hayden Field / The Verge:
Tom Hals / Reuters:
Jay Peters / The Verge: