Techmeme: An interview with CEO David Baszucki on Roblox's origin story, what's next for the gaming platform whose shares have risen about 200% in the past year, and more (Tim Fernholz/Sherwood News)

Top News

Huawei debuts the CloudMatrix 384 AI computing system, which outperforms Nvidia's most advanced GB200 NVL72 system on some metrics, according to SemiAnalysis — China's Huawei Technologies showed off an AI computing system on Saturday that one industry expert has said rivals Nvidia's most advanced offering …

More: Wccftech, WinBuzzer, Ukrainian National News, Engadget, Notebookcheck, and Cryptopolitan. X: @rwang07

Casey Newton / Platformer:

At TrustCon 2025, trust and safety professionals expressed anxiety over the industry's retreat, but no leaders condemned platforms' rollback of safety policies — In 2023, I asked whether we had reached peak trust and safety. Noting the huge number of layoffs at tech companies that year …

More: Trust & Safety …. Bluesky: @metacurity.com, @vortexegg.com, @evelyndouek, and @caseynewton

Threads: @renee.diresta and @timothyjchambers

LinkedIn: Cassie Coccaro, Jacob Silver, and Trust & Safety …

Amin Haqshanas / Cointelegraph:

Tyler Winklevoss claims JPMorgan paused onboarding crypto exchange Gemini after he criticized the bank's data access fees for fintech and crypto companies — Tyler Winklevoss claims JPMorgan paused Gemini's onboarding after he criticized the bank's data access fees, calling the move anti-competitive.

More: Bloomberg, Bitcoinist.com, The Daily Hodl, Bitcoin Insider, Cryptopolitan, CoinGape, BeInCrypto, BeInCrypto, CoinDesk, Coinspeaker, DL News, and Coinpedia Fintech News

X: @tyler and @tyler

Carl Franzen / VentureBeat:

Alibaba releases its Qwen3-235B-A22B-Thinking-2507 reasoning LLM on Hugging Face, topping several benchmarks, as Alibaba moves away from hybrid reasoning models — If the AI industry had an equivalent to the recording industry's “song of the summer” — a hit that catches on in the warmer months …

More: Qwen on Hugging Face, Simon Willison's Weblog, WinBuzzer, AI News, and nextbigwhat

Bluesky: @simonwillison.net. X: @alibaba_qwen, @teksedge, and @multimodalart

Tim Fernholz / Sherwood News:

An interview with CEO David Baszucki on Roblox's origin story, what's next for the gaming platform whose shares have risen about 200% in the past year, and more — Founder and CEO David Baszucki tells us the origin story and what's next for a company that has nearly tripled in stock price …

More: Game Rant. X: @walthickey

New York Times:

Records show China's Starlink rivals have only ~120 satellites in orbit, less than 1% of their goal, vs. SpaceX's ~8,000, underscoring how far behind they are — It's looking unlikely. Here's why. — There are over 11,000 satellites in low Earth orbit, providing internet, surveillance and navigation services.

More: Asia Times, UPI, SPACE.com, and The Indian Express

X: @glennluk. LinkedIn: Martijn Rasser. Forums: Slashdot

Om Malik / On my Om:

Satya Nadella's memo on Microsoft's layoffs portends the harsh reality that AI could make software companies more profitable while employing fewer people — To paraphrase Sigmund Freud, sometimes a memo is not just a memo. That's why we have to read between the lines of Satya Nadella's 1,150-word memo.

More: Microsoft, Howie Town, The Decoder, Spyglass, Notebookcheck, and Financial Express

Bluesky: @metacurity.com, @demwar, and @om.co

X: @spyglass_feed and @kteare

Golan Hazani / CTech:

New York City-based cybersecurity company Axonius acquires Cynerio, which offers healthcare IoT cybersecurity and asset management services, for $180M — Move expands company's offerings amid growing threats to connected medical devices. — Cynerio — Axonius — Cybersecurity — Acquisition

More: Tech in Asia

Josh Noble / Financial Times:

The English Premier League recently signed deals with Adobe and Microsoft to offer AI-powered tools to fans, including those playing the Fantasy Premier League — Football body's turn to Big Tech aims to cement dominance after it made €2.1bn in overseas broadcast deals last season

Wall Street Journal:

Architect Partners: companies have raised nearly $86B in 2025 to buy crypto, with over $43B raised since June 1, as skeptics worry about the market overheating — Small companies are raising billions of dollars to buy bitcoin and other, more obscure cryptocurrencies. What could possibly go wrong?

More: CoinDesk and BeInCrypto. LinkedIn: Gregory Zuckerman

Ryan Lawler / Axios:

April, which provides tax tools that embed directly into financial apps, raised a $38M Series B led by QED Investors, bringing its total funding to $78M

More: april, Tech in Asia, FinTech Futures, VC News Daily, AlleyWatch, Venture Capital Journal, FinSMEs, and Pulse 2.0

LinkedIn: Yossi V. and april

Jason Del Rey / Fortune:

NYC-based Courtyard, which sells “mystery packs” of collectible cards and comic books that customers can resell on its marketplace, raised a $30M Series A — COURTYARD — I admit it, I have a soft spot for sports cards. Over the past year, an embarrassingly steady stream …

LinkedIn: Pet Berisha

Financial Times:

US-German software firm Auterion says it plans to ship 33K of its AI drone “strike kits” to Ukraine by the end of 2025 to help combat mass Russian drone attacks — Pentagon-backed deal aims to help combat mass attacks by Russia — Sylvia Pfeifer in London, Laura Pitel in Berlin and Christopher Miller in Kyiv

More: The Kyiv Independent, Associated Press, Defense Express, Reuters, NewsMax.com, Kyiv Post, and RTÉ. Bluesky: @christopherjm.ft.com

Moneycontrol:

Indian software services provider Tata Consultancy Services plans to cut 2% of its global workforce, or about 12,000 employees, by March 31, 2026 — In an interview with Moneycontrol, TCS CEO K Krithivasan described the decision as one of the toughest he has faced, calling it a necessary step to build a stronger, future-ready company.

More: The Week, Reuters, and The Statesman

X: @upadhyay_harsh1, @mainbhiengineer, @indraroy, @trendulkar, @mudit_gupta25, and @san_x_m. Forums: r/india

Sponsor Posts

ElevenLabs:

ElevenAgents by ElevenLabs — You know us for voice. Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency. Hear it for yourself.

Intel:

5G's most deployed platform — Powering live networks with built-in Inference across Core and RAN. That's the power of Intel Inside®

Zoho:

App Spotlight: 360 SMS for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

Hard Fork:

The Ezra Klein Show: How Fast Will A.I. Agents Rip Through the Economy?

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

Great Chat:

Bubble talk

A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.

Subscribe to Great Chat.

Access:

AI takes over meetings, the SF vs London tech scene, and ethics in media

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

The Upstarts Podcast:

Harvey's Winston Weinberg: From Law Associate To $11 Billion Legal AI Startup CEO

Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.

Subscribe to The Upstarts Podcast.

The Nick, Dick and Paul Show:

Red Dye 40

Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.

Subscribe to The Nick, Dick and Paul Show.

Tools and Weapons with Brad Smith:

Everybody Goes Home: How technology is helping prevent wildfires from spreading

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.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, July 27, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.