Techmeme
July 27, 2025, 8:10 AM

Top News

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.
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.
Jackson Chen / Engadget:
Some users are circumventing UK's age checks by using VPNs, providing fake AI-generated photo IDs, or using images of high-fidelity video game characters  —  As of Friday, anyone trying to watch porn online in the UK will need to subject themselves to an awkward selfie or get their photo ID ready.
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: BeInCrypto
Bloomberg:
Online platforms offering astrological advice are thriving in India, with the leading app Astrotalk claiming about 84% of its 70M users are under the age of 35  —  An age-old belief in astrology has snowballed into a $7 billion industry as a younger generation seeks celestial guidance.
Rafe Uddin / Financial Times:
Sources: US suppliers are rebuffing Temu's efforts to undercut Amazon, saying Temu cannot undercut Amazon on branded product prices  —  Chinese online platform's hopes of undercutting ecommerce giant rebuffed by American suppliers  —  Temu's efforts to find US suppliers to rebuild …
Ellie Wolfe / The Baltimore Banner:
The Johns Hopkins University Press will license its authors' books to train AI models, citing concerns that “the window may be closing” for making AI deals  —  The Johns Hopkins University will license its books to train proprietary large language models, an advanced form …
Washington Post:
Sources: DOGE has built an AI tool aiming to cut 50% of federal regulations, or around 100,000 rules, by the first anniversary of Trump's inauguration  —  An internal proposal suggests how the Trump administration is planning to slash federal regulations, but obstacles loom.
Christopher Mims / Wall Street Journal:
A look at efforts by startups, such as Positron and Groq, to develop inference-focused chips that aim to be more energy efficient and performant than Nvidia's  —  Tech giants and startups alike are trying new approaches to what has been a vexing problem  —  “I can't wrap my head around it …

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Earlier Picks

Zack Whittaker / TechCrunch: