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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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From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Sara Guaglione / Digiday:
The Washington Post's new Your Personal Podcast, which offers AI-generated customizable podcasts, was developed under a multiyear agreement with ElevenLabs

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

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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