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July 19, 2025, 5:35 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, American Thinker, The Crypto Times, Reuters, Reclaim The Net, One America News Network, Bitcoin Insider, UPI, Breitbart, Washington Times, Coinpedia Fintech News, New York Post, New York Sun, Entrepreneur, US Newsper, The Verge, BeInCrypto, CryptoSlate, CoinGape, Yahoo Finance, Cointelegraph, Reuters, TheStreet, United States Committee …, Blockworks, Fox News, Axios, The Post Millennial, BTC Times, The Defiant, CryptoNinjas, Politico, The Hill, Washington Examiner, and Globe and Mail
X: @paoloardoino, @secscottbessent, @matt_hougan, @secscottbessent, @brian_armstrong, @whitehouse, @paxos, @nic__carter, @chrisbarrett, @coindesk, @bhorowitz, @rapidresponse47, @nic__carter, @bankinggop, @rapidresponse47, @luke_metro, @whitehouse, @senatortimscott, @brian_armstrong, @matt_hougan, @circle, @s_alderoty, @chainlink, @stellarorg, @davidsacks47, @krakenfx, @ondofinance, and @ericldaugh
| 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, Benzinga, Fortune, ZDNET, Tom's Guide, and Entrepreneur
Bluesky: @youranonjd, @mguariglia, @mguariglia, @eff.org, and @evacide. X: @eugenekim222. Forums: r/technology
| 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 …
More: Benzinga, CNBC, ProPublica, Neowin, Cryptopolitan, Fox News, and Breitbart
| Shirin Ghaffary / Bloomberg: |
Acquihire deals like Google's Windsurf deal are a wake-up call for AI startup employees left behind, creating new uncertainty over leadership and compensation — Big Tech's growing reliance on licensing deals to scoop up top talent from AI startups risks leaving many rank-and-file workers in limbo.
X: @cjc, @heyjchu, @scottwu46, and @jeffwsurf
| 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, PYMNTS.com, Politico, Reuters, The Register, The Information, Engadget, iPhone in Canada, Wall Street Journal, The Decoder, iClarified, Mashable, Digit, Irish Independent, and MarketWatch
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Forums: Hacker News and 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, Gadgets 360, The Adobe Blog, Business Standard, Moneycontrol, and TVBEurope
X: @icreatelife, @hbcoop_, and @acostin
| 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.| 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: US Department of Justice, Bloomberg, New Jersey Online, Axios, TechCrunch, and Reuters
| Kasha Patel / Washington Post: |
Google researchers say Android's early-warning system detected and issued alerts for 1,200+ earthquakes since 2021, sometimes giving up to 15-60 seconds' notice — An early-warning system on Android phones has detected more than 1,000 earthquakes worldwide since 2021, sometimes giving people 15 … | 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
| 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 … | Ivan Levingston / Financial Times: |
Sources: Vy Capital, which has ~$15B of AUM and is a top backer of Elon Musk's companies, told external investors that it will not raise further outside money — Secretive tech investment group has racked up gains after backing companies such as SpaceX and xAI| 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: Benzinga, Bloomberg, and Cryptopolitan
| 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, @emayhawk, @popbase, @mikeisaac, @growing_daniel, @mikeisaac, @polymarket, @popbase, @luke_metro, @whitneycummings, @growing_daniel, @lulumeservey, @axios, @signulll, @songadaymann, @dieworkwear, @patiencexx4, @qwik, @kalshi, @philipaklein, @greg16676935420, @greg16676935420, @dawgs_forever, @popbase, and @coldplay. LinkedIn: Devin P.
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