Techmeme
July 23, 2025, 7:10 PM

Top News

Alphabet:
Alphabet reports Q2 revenue up 14% YoY to $96.43B, vs. $94B est., net income up 19% to $28.2B, operating income up 14% to $31.27B, and Services revenue up 12%  —  MOUNTAIN VIEW, Calif. - July 23, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2025.
Matthew Keys / TheDesk.net:
Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $9.8B, vs. $9.56B est., and Google's advertising revenue reached $71.3B, up from $64.6B a year ago  —  Key Points:  — YouTube ad revenue rose to $9.8 billion in Q2 2025, up 13% compared to Q2 2024.  — Alphabet's total revenue climbed 14% to $96.4 billion.
Bloomberg:
The White House unveils the AI Action Plan, seeking to have tech dominance over China, including proposals to revamp permitting for AI infrastructure projects  —  President Donald Trump signed executive orders to put in motion a new White House plan to boost artificial intelligence development …
Financial Times:
The Trump administration plans to vet AI models for “ideological bias” and limit government contracts to tech companies whose models offer “objective truth”  —  Federal government will only do business with tech companies whose models offer ‘objective truth’
Google DeepMind:
Google DeepMind unveils Aeneas, an AI model for contextualizing ancient Latin inscriptions, to help historians interpret, attribute, and restore text fragments  —  Introducing the first model for contextualizing ancient inscriptions, designed to help historians better interpret, attribute and restore fragmentary texts.
Abner Li / 9to5Google:
Google adds new features to Google Photos, including a Veo 2-powered photo-to-video tool and a Remix tool that applies styles like anime and sketches to photos  —  Photo-to-video lets you take an existing still image in your library and transform it into a “dynamic” six-second clip …
Aisha Malik / TechCrunch:
Hugh Son / CNBC:
Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform  —  Goldman Sachs and Bank of New York Mellon are set to announce that they've created the ability for institutional investors …
Muvija M / Reuters:
Ivan Mehta / TechCrunch:
PayPal unveils PayPal World, a platform set to launch in fall 2025 to simplify cross-border payments via Venmo, India's UPI, Tencent's Tenpay, and Mercado Pago  —  PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier.
Zach Vallese / CNBC:
Meta introduces new safety features for teens, including enhanced DM protections, and removed 600K+ Instagram and Facebook accounts linked to predatory behavior  —  Meta on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent “exploitative content.”
Natalie Lung / Bloomberg:
Uber plans to launch a pilot ride type that matches female riders and drivers in LA, San Francisco, and Detroit over the next few weeks, called “Women Drivers”  —  Uber Technologies Inc. is piloting a new ride type in the US that will match female riders and drivers …
Bill Toulas / BleepingComputer:
Ukraine arrests the suspected administrator of Russian-speaking hacking forum XSS.is at the Paris public prosecutor's request, with help from France and Europol  —  The suspected administrator of the Russian-speaking hacking forum XSS.is was arrested by the Ukrainian authorities yesterday …
Samantha Kelly / Bloomberg:
Apple launches AppleCare One, an insurance plan that covers up to three devices for $20 per month, including battery replacements, accidental damage, and more  —  Apple Inc. is launching a new product-insurance plan that bundles coverage for as many as three devices, part of a broader effort to drum up subscription revenue.
Joseph Cox / 404 Media:
A hacker claims to have compromised Amazon's Q coding assistant for VS Code via a GitHub pull request; Amazon says “no customer resources were impacted”  —  A hacker compromised a version of Amazon's popular AI coding assistant ‘Q’, added commands that told the software to wipe users' computers …
Cade Metz / New York Times:
Meta debuts a prototype wristband to read electrical signals from forearm muscles, letting users control devices without touch, trained on 10K peoples' EMG data  —  When you write your name in the air, you can see the letters appear on your smartphone.  —  The prototype looks like a giant rectangular wristwatch.
Sergiu Gatlan / BleepingComputer:
Microsoft says it “has observed two named Chinese nation-state actors, Linen Typhoon and Violet Typhoon exploiting” the SharePoint zero-day vulnerabilities  —  Several hacking groups with ties to the Chinese government have been linked to a recent wave of widespread attacks targeting …
Ari Natter / Bloomberg:

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