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August 14, 2025, 5:05 AM
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Top News

Jonathan Stempel / Reuters:
New York AG Letitia James sues Zelle, claiming that security lapses led to $1B in consumer fraud losses; the US CFPB dropped a similar case in March 2025  —  Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal …
Alexandra Alper / Reuters:
Sources: the US Navy and Air Force may cancel two nearly complete HR software projects to give Salesforce, Palantir, and others a chance to win similar work  —  Donald Trump's Navy and Air Force are poised to cancel two nearly complete software projects that took 12 years and well over $800 million combined …
The Information:
Sources: Perplexity talked with The Browser Co. and Brave about buying them, offering ~$1B for Brave; OpenAI also discussed an acquisition with The Browser Co.  —  Perplexity made headlines this week when the artificial intelligence startup said it had offered to buy Google's Chrome …
Business Insider:
Sources: Perplexity is seeking new funding at a $20B post-money valuation, up from a reported $18B in its latest fundraising round in July
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
Maxwell Zeff / TechCrunch:
xAI co-founder Igor Babuschkin, who led its engineering teams, says he is leaving the company to launch a venture firm that supports AI research and startups  —  Igor Babuschkin, a co-founder of Elon Musk's xAI startup, announced his departure from the company on Wednesday in a post …
Mark Gurman / Bloomberg:
Sources: Apple's AI plans include robots, like a tabletop one in 2027, a conversational Siri, a smart speaker with a display in 2026, and home security cameras  —  Apple Inc. is plotting its artificial intelligence comeback with an ambitious slate of new devices, including robots …
Dasha Litvinova / Associated Press:
Russia is “partially” restricting WhatsApp and Telegram calls, saying the apps are used “to deceive and extort money” and “in sabotage and terrorist activities”  —  Russian authorities announced Wednesday they were “partially” restricting calls …
Bloomberg:
Bullish shares closed up 84% at $68 in the company's NYSE debut, above the IPO price of $37, giving Bullish a market value of $9.9B based on outstanding shares  —  Bullish shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering.
Bloomberg:
Bullish raised $1.1B in its IPO, selling 30M shares for $37 each, above its $32-to-$33 marketed range; sources say the IPO was more than 20 times oversubscribed
Emma Roth / The Verge:
Google is rolling out a feature for Gemini that, when enabled, will let the AI chatbot “remember” a user's past conversations without prompting  —  You'll no longer have to prompt Gemini in order for it to recall what you've discussed in previous chats.
Zac Bowden / Windows Central:
Microsoft Windows head Pavan Davuluri says the next Windows version will be more ambient, pervasive, and multi-modal, with voice becoming more important  —  In a new video, Microsoft CVP and Windows boss Pavan Davuluri has teased that the future of Windows will consist of a truly ambient …
Jaspreet Singh / Reuters:
Google plans to spend $9B in Oklahoma over two years on cloud and AI infrastructure, including a new data center campus and an expansion of its Pryor facility  —  Alphabet's Google said on Wednesday it will spend an additional $9 billion in Oklahoma over the next two years to expand cloud and artificial intelligence infrastructure.

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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

Brian Steinberg / Variety:
Major brands were replaced by direct-response advertisers during commercial breaks of CBS News' December 13 town hall with Erika Kirk, moderated by Bari Weiss

Kanis Leung / Associated Press:
Apple Daily founder Jimmy Lai is found guilty of colluding with foreign forces and conspiring to publish seditious articles, and faces a possible life sentence

Aidan Ryan / The Boston Globe:
The Boston Globe says Brian McGrory will return as editor, after Nancy Barnes' departure at the end of 2025; McGrory previously was editor from 2012 to 2023

More News

Zvi Mowshowitz / Don't Worry About the Vase:
GPT-5 review: GPT-5-Thinking is a substantial upgrade over o3, Auto is only useful for free tier users, picking the right model still matters, and more

Earlier Picks

Juby Babu / Reuters:
Cisco reports Q4 revenue up 8% YoY to $14.67B, vs. $14.62B est., net income up 31% to $2.8B, and forecasts Q1 revenue above estimates
Bloomberg:
Amazon says it now offers same-day grocery delivery in 1,000+ cities and plans to bring it to 2,300+ more by the end of 2025; Prime subscribers get it free
Victoria Song / The Verge:
Core Devices CEO Eric Migicovsky unveils the Pebble Time 2 in four colors, with a 1.5" e-paper display, multicolor RGB backlighting, and a 30-day battery life
Mark Gurman / @markgurman:
In response to Elon Musk's claims that the App Store favors ChatGPT, Apple says that it “is designed to be fair and free of bias” and has “objective criteria”
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