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August 12, 2025, 1:10 PM
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Top News

Surbhi Misra / Reuters:
Elon Musk says that Apple “makes it impossible for any AI company besides OpenAI” to top its App Store, an “antitrust violation”, and xAI will take legal action  —  Billionaire Elon Musk said on Monday his artificial intelligence startup xAI would take legal action against Apple …
The Verge:
Epic says it is bringing Fortnite back to iOS in Australia “at a date to be determined”, after a judge ruled Apple and Google's app stores are anticompetitive  —  Apple and Google's losses in Australian antitrust cases could be a win for Epic Games.
ABC:
An Australian federal judge rules Apple and Google engaged in anticompetitive conduct by misusing their app store market power, but rejects Epic's other claims  —  By national consumer affairs reporter Michael Atkin and the Specialist Reporting Team's Melanie Vujkovic
Katherine Blunt / Wall Street Journal:
Perplexity offers to acquire Chrome for $34.5B, significantly more than Perplexity's estimated $18B valuation, and says large VC funds agreed to back the deal  —  With its unsolicited bid for Google's browser, AI startup seeks to take advantage of uncertainty over pending antitrust ruling
Financial Times:
Anthropic signs a deal to offer Claude to US lawmakers for $1/year, following OpenAI; a source says Google is in talks to offer Gemini on similarly cheap terms  —  Group follows rival OpenAI in making enterprise tools available to government branches  —  Anthropic will offer its Claude chatbot …
Bloomberg:
Sources: Chinese authorities urge local companies to avoid using less advanced US chips, particularly Nvidia's H20s, for government or national security work  —  Supply Lines is a daily newsletter that tracks global trade.  Sign up here.  —  Beijing has urged local companies …
Wall Street Journal:
How Jensen Huang successfully lobbied Trump to resume Nvidia's H20 sales to China; US officials hadn't vetted the 20% pay-to-play proposal when Trump offered it
Bob Van Voris / Bloomberg:
In US court, Terraform Labs co-founder Do Kwon says he will plead guilty to charges of conspiracy and wire fraud under an agreement with prosecutors  —  Terraform Labs Pte. co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the $40 billion collapse of the TerraUSD stablecoin in 2022.
James Hunt / The Block:
Circle reports Q2 revenue up 53% YoY to $658M, USDC circulation up 90% YoY to $61.3B, a $482M net loss, and unveils Arc, a stablecoin-focused Layer 1 blockchain  —  - Circle is planning to launch a stablecoin-focused EVM-compatible Layer 1 blockchain called Arc.
Skylar Woodhouse / Bloomberg:
President Trump meets with Intel CEO Lip-Bu Tan and says his Cabinet members would continue talks with him in the coming days, after calling for his resignation  —  President Donald Trump said members of his Cabinet would continue discussions with Lip-Bu Tan in the coming days after meeting …
New York Times:
How Larry Ellison is focusing his philanthropic efforts on the Oxford-based, for-profit Ellison Institute of Technology, promising to spend £1B on the project  —  Oracle's co-founder and the world's second-richest person pledges to concentrate his vast resources on his own research institute …
Richard Waters / Financial Times:
Google and IBM believe the first industrial-scale quantum computer is in sight, potentially by 2030, but challenges like scaling from <200 to 1M+ qubits remain  —  Recent breakthroughs have revived confidence about creating full-scale quantum systems by end of the decade
More: Inc
Dan Goodin / Ars Technica:
ESET says two Russian cybercrime groups are exploiting a high-severity WinRAR zero-day, backdooring computers that open malicious archives in phishing messages  —  A high-severity zero-day in the widely used WinRAR file compressor is under active exploitation by two Russian cybercrime groups.
VideoCardz.com:
Nvidia announces two Blackwell workstation GPUs with a 70W TDP, the RTX PRO 4000 SFF and the RTX PRO 2000, featuring compact designs and available later in 2025  —  NVIDIA updates RTX Pro Blackwell series with entry-level SKUs  —  Based on GB203 and GB206 GPUs.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:10 PM ET, August 12, 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.

From Mediagazer

Business Wire:
USA Today reports Q1 revenue down 4% YoY to $548.5M, net income of $19.9M, up $27.2M from Q1 2025, 1.46M paid digital subs, and $45.9M digital subscription rev

Matthew Keys / TheDesk.net:
Five more states join the lawsuit filed last month by eight states seeking to block Nexstar's Tegna acquisition, which Nexstar said the DOJ and FCC approved

Winston Cho / The Hollywood Reporter:
A group of TV consumers sue in federal court in California to block Paramount's acquisition of WBD on antitrust grounds; Paramount says the suit lacks merit

More News

Hannah Lang / Reuters:
Paxos applies to create a US national trust bank, which would let it manage and hold assets on behalf of customers, following Circle's and Ripple's applications

Earlier Picks

Charles Capel / Bloomberg:
SEC filing: crypto exchange Bullish increased the size and price of its US IPO to sell 30M shares for $32 to $33 each, up from 20.3M shares for $28 to $31 each
Ben Weiss / Fortune:
The Trump family's crypto business, World Liberty Financial, is using publicly listed company ALT5 Sigma to raise $1.5B for the purchase of its WLFI token
Zac Hall / 9to5Mac:
Anthropic adds a memory feature to let Claude reference information from past chats, available now to Max, Team, and Enterprise subscribers, and soon to others
Omair Pall / Mashable India:
xAI makes Grok 4 free for all users worldwide, after making Grok Imagine free for all US users; Grok 4 Heavy remains exclusive to SuperGrok Heavy subscribers
Ina Fried / Axios:
GitHub CEO Thomas Dohmke says he will “leave GitHub to become a founder again”, with GitHub and its leadership team moving into Microsoft's CoreAI organization
Sam Tobin / Reuters:
A UK judge dismisses Wikimedia's Online Safety Act challenge over requiring Wikipedia to verify users and contributors' IDs, but says it can file new challenges
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