Techmeme
August 16, 2025, 1:05 PM

Top News

Cecilia D'Anastasio / Bloomberg:
Roblox shares closed down 6.34% on Friday after the company was accused in two lawsuits of failing to sufficiently protect youngsters on its platform  —  Roblox Corp. shares fell more than 6% Friday after the company, which operates an online video-game service popular with children …
Anthropic:
Anthropic enables Claude Opus 4 and 4.1 to end conversations in “cases of persistently harmful or abusive user interactions”; users can still start new chats  —  We recently gave Claude Opus 4 and 4.1 the ability to end conversations in our consumer chat interfaces.
Forbes:
Sources say Meta's chaotic culture and lack of vision have led to AI brain drain; Meta strongly denies it has had issues with talent and retention  —  At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lackluster.
David Heaney / UploadVR:
Kate Clark / Bloomberg:
Sources: current and former OpenAI employees plan to sell ~$6B in stock to Thrive Capital, SoftBank, and others in a secondary sale that values OpenAI at ~$500B  —  SoftBank, Dragoneer and Thrive Capital are set to buy OpenAI shares from current and former employees at a $500 billion valuation.
Martina Di Licosa / Forbes:
A profile of UCB CS professor Ion Stoica, a billionaire who has helped launch four startups out of his privately-funded research lab, including Databricks  —  This computer science professor became a billionaire launching four startups out of his privately-funded research lab, including unicorns Databricks and Anyscale.
Kelly Cloonan / Wall Street Journal:
Applied Materials Q3: revenue up 8% YoY to $7.3B, vs. $7.22B est., profit up 4% YoY to $1.78B, and projects Q4 revenue and profit below est. on China challenges  —  The semiconductor-equipment maker had expected a slowdown in China after two years of rapid build-out, CFO Brice Hill says in an interview
Bloomberg:
A US district court judge temporarily blocks an FTC probe into Media Matters, part of an antitrust investigation into ad boycotts, calling the probe retaliatory  —  Nonprofit Media Matters for America won a court order blocking a Federal Trade Commission information demand for documents …

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More News

Reuters:

Earlier Picks

Jesse Hamilton / CoinDesk:
Jonathan Vanian / CNBC: