Techmeme
July 24, 2025, 5:30 AM

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.
Jennifer Elias / CNBC:
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 …
More: The White House, The White House, The White House, Axios, AI.Gov, The Verge, SiliconANGLE, Financial Times, NPR, The Register, New York Times, The Economic Times, Associated Press, Washington Post, TechCrunch, Anthropic, Benzinga, The Indian Express, The White House, The White House, The Hill, PitchBook, RCR Wireless News, CIO Dive, Fierce Network, Biometric Update, Business Today, Information Age, Fox News, Android Central, Mashable, implicator.ai, Los Angeles Times, The Boston Globe, Yahoo Finance, Capital Brief, U.S. Chamber of Commerce, Fortune, Gizmodo, Inc, UPI, DefenseScoop, Bloomberg Law, Wired, and Financial Times
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’
Deadline:
At an All-In Podcast summit, President Trump said forcing AI firms to pay for each copyrighted work is “not doable”, calling for “common sense” AI and IP rules  —  Donald Trump said that AI companies can't be expected to pay for the use of copyrighted content in their systems …
Annmarie Hordern / Bloomberg:
At an AI summit, President Trump says he considered breaking up Nvidia before aides told him that doing so was “very hard” and “I learned the facts here”  —  President Donald Trump said he considered attempting to break up Nvidia Corp. to increase competition …
Reuters:
Ryan Gallagher / Bloomberg:
Emma Roth / The Verge:
T-Mobile's Starlink-powered satellite service T-Satellite is now generally available as a standalone subscription for US users, not just T-Mobile customers  —  The service only supports texts and location sharing over satellite for now, but more features are on the way.
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:
Dominic Preston / The Verge:
The Wireless Power Consortium launches faster Qi2 25W wireless charging, with “major Android smartphones” finally adopting the standard alongside the iPhone  —  But will Android support go further than the magnet-free Qi2 Ready? … The Wireless Power Consortium (WPC) …
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.
IGN:
Circana: Nintendo Switch 2 is the fastest-selling video game device in US history, with 1.6M units sold in June, topping the PS4's 1.1M units in November 2013  —  1.6 million units were sold during its launch month in the U.S., and 82% of buyers also got Mario Kart World.
Sarah Owermohle / CNN:
Sources: the US FDA's AI tool Elsa has fabricated nonexistent studies, misrepresented research, and cannot access relevant documents to assist with review work  —  White Oak, Md. CNN —  To hear health officials in the Trump administration talk, artificial intelligence has arrived …
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 …
Dylan Butts / CNBC:
SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B, vs. ~$14.9B est., operating profit up 68% to ~$6.7B, vs. ~$6.5B est., expects sustained HBM demand in 2025  —  South Korea's SK Hynix on Thursday posted record operating profit and revenue in the second quarter on sustained demand …
Emanuel Maiberg / 404 Media:
Google's AI Overviews, which a recent Pew study shows reduce clickthrough rates, are further eroding traffic to original publishers by linking to aggregators  —  Yesterday the Pew Research Center released a report based on the internet browsing activity of 900 U.S. adults which found …
Samantha Subin / CNBC:
ServiceNow reports Q2 revenue up 22.5% YoY to $3.22B, vs. $3.12B est., and net income up 47% YoY to $385M, fueled by AI growth; NOW jumps 7%+  —  ServiceNow posted strong second-quarter results and lifted its guidance Wednesday.  Shares climbed 7% following the report.
Wataru Suzuki / Nikkei Asia:
Gamma Data: China's female-oriented gaming market surged 124% YoY to $1B in 2024, driven by mobile game Love and Deepspace, which earned $400M, per Sensor Tower  —  SHANGHAI — A Chinese mobile game featuring a female hunter character who balances protecting the world from invaders …
Kate Krader / Bloomberg:
YouTube has become a valuable resource for professional chefs and, in recent years, has helped skilled amateurs build culinary reputations and open restaurants  —  In kitchens around the world, chefs are turning to YouTube to learn new skills and establish their culinary reputations.
Iain Martin / Forbes:
A profile of Swedish AI coding startup Lovable, which became the fastest-growing software startup ever, reaching $100M+ in annualized revenue in eight months  —  ALL YOU NEED IS LOVE |  For decades coders have rushed to ship the minimum viable product.  Lovable CEO Anton Osika (right) …
More: TechCrunch

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