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August 16, 2025, 2:05 AM
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Mediagazer
memeorandum
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| 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 …
More: The Verge, Roblox Corporate, MarketWatch, TechCrunch, Notebookcheck, Breitbart, Forbes, Washington Examiner, Jewish Telegraphic Agency, PYMNTS.com, PCMag, Developer Forum, The US Sun, Polygon, Los Angeles Times, Gizmodo, Destructoid, Distractify, Gameranx, WAFB-TV, ZeroHedge News, Screen Rant, Mashable, Kotaku, Telegraph, Dexerto, PC Gamer, Associated Press, Barron's Online, The Gateway Pundit, Fox News, Variety, and KYTX-TV
X: @aglizmurrill, @aglizmurrill, @realschlep, @kreekcraft, @realschlep, @roblox_rtc, @aglizmurrill, @simon_hypixel, @hedgeyecommor, @aglizmurrill, @chrishansen, @kreekcraft, @hedgeyecomm, @aglizmurrill, @kreekcraft, @stockjabber, @realschlep, @kreekcraft, @steak834, @kreekcraft, @blox, @roblox_rtc, @realschlep, @stockjabber, @realschlep, @kreekcraft, @repschlegel, and @stockjabber
| Jonathan Vanian / CNBC: |
Senator Josh Hawley says he will investigate Meta after a report on its AI policy allowing sensual chats with kids, tells Meta to produce docs by September 19 — Sen. Josh Hawley, R-Mo., said Friday that he will investigate Meta following a report that the company approved rules allowing …
More: The Guardian, TechCrunch, Josh Hawley, Simon Willison's Weblog, San Francisco Chronicle, MLex, Baltimore Sun, Engadget, Reuters, 1819 News, New York Times, Townhall, Associated Press, Euractiv, Fox News, MobileSyrup, Jamaica Observer, PCWorld, Ars Technica, Washington Examiner, PC Gamer, The Hill, and Mashable
Bluesky: @dimitridrekonja, @wyden.senate.gov, and @wyden.senate.gov
X: @hawleymo, @benbrodydc, @senkatiebritt, @jason_kint, @jason_kint, @realdcochrane, @hawleymo, @bedoyausa, @saalevine, @sayssimonson, @senkatiebritt, and @emrwilkins
Forums: r/technology and r/technology
| Kalley Huang / The Information: |
Sources: Meta plans its fourth AI restructuring in six months, dividing its superintelligence lab into TBD Lab, a product team, an infrastructure team, and FAIR — Meta Platforms is planning the fourth restructuring of its artificial intelligence efforts in six months, according to three people familiar with the matter.| Bobby Allyn / NPR: |
A proposed class action lawsuit accuses Otter.ai of “deceptively and surreptitiously” recording private conversations to train its AI without user consent — A federal lawsuit seeking class-action status accuses Otter.ai of “deceptively and surreptitiously” …
Bluesky: @nealiosaurus and @ashleybraun
| David Heaney / UploadVR: |
Hands-on with Tiramisu, Meta's “hyperrealistic” VR research prototype with beyond-retinal resolution, high brightness and contrast, and a narrow field of view — At SIGGRAPH 2025, I went hands-on with Tiramisu, Meta's research prototype that combines beyond-retinal resolution …
X: @ibrews and @heaney555
| David Heaney / UploadVR: |
Hands-on with Boba 3, Meta's prototype PC VR headset with a form factor similar to the Quest 3, featuring an ultrawide field of view of 180° by 120° — At SIGGRAPH 2025 this week, I went hands-on with Boba 3, Meta's prototype of ultra-wide field of view PC VR in a form factor similar to Quest 3.
X: @heaney555, @uploadvr, @azadux, and @ibrews
| Monique Mulima / Bloomberg: |
Winklevoss twins' Gemini files for a US IPO and reports a $282.5M net loss on $67.9M revenue in H1 2025, vs. a $41.4M net loss on $73.5M revenue a year earlier — Gemini Space Station Inc., led by the billionaire Winklevoss twins, filed for an IPO as the cohort of crypto businesses seeking to list on public markets continues to swell.
More: Reuters, The Crypto Times, Reuters, Gemini, Wall Street Journal, Reuters, and TechCrunch
| 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.
More: CNBC, StrictlyVC, The Information, Reuters, and NewsMax.com
| 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 …
More: New York Times, Washington Post, MLex, and Raw Story
X: @adamsteinbaugh, @mmfa, and @bedoyausa
| Helen Reid / Reuters: |
Filing: Shein reports 2024 UK sales up 32.3% YoY to £2.05B, making the UK its third largest market after the US and Germany, as it works toward a Hong Kong IPO — Shein's British business made 2.05 billion pounds ($2.77 billion) in sales in 2024, a 32.3% increase from the previous year … | Justin Birnbaum / Forbes: |
Jump, a SaaS startup founded by Alex Rodriguez and Marc Lore for managing sports ticketing and fan experiences, raised a $23M Series A at a $100M+ valuation — Founded by the MLB legend alongside billionaire Marc Lore, his Timberwolves co-owner, the company is now valued at more than $100 million as it builds a one-stop shop for fans.| 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| Katherine Hamilton / Wall Street Journal: |
Lyft co-founders Logan Green and John Zimmer step down as board chair and vice chair, convert their Class B stock to Class A, completing the succession plan — Logan Green and John Zimmer are stepping down from their roles as chair and vice chair of the board of directors
More: The Information, Yahoo Finance, Automotive Dive, and Reuters
| Lauren Goode / Wired: |
Some developers say GPT-5 excels at technical reasoning and planning coding tasks and is cost-effective, but Claude Opus and Sonnet still produce better code — Software engineers are finding that OpenAI's new GPT-5 model is helping them think through coding problems—but isn't much better at actual coding.| Ina Fried / Axios: |
An interview with Sam Altman on spending billions on AI infrastructure, wanting Chrome if it's really for sale, AI models saturating the chat use case, and more — OpenAI CEO Sam Altman is still talking like the future belongs to him, a week after the rollout of the company's latest model raised …
More: The Verge, Platformer, Bloomberg, Livemint, Mind Matters, Cautious Optimism, Sherwood News, Tech in Asia, and Implicator.ai
Bluesky: @tamigraph. Threads: @camwilsonreporter. X: @openai, @stshank, @shiringhaffary, @verge, @alexeheath, and @inafried
Forums: r/technology, r/artificial, and r/singularity
| Alex Heath / The Verge: |
More: Wired, Bloomberg, CNBC, The Register, The Verge, Gizmodo, The Crypto Times, Mashable, Futurism, iPhone in Canada, The Decoder, Crypto Briefing, Business Insider, Livemint, Tech in Asia, and Breitbart
Bluesky: @warnercrocker, @davidcrespo, @jake—k.bsky.social, @adeincambodia, and @alexeheath.com
X: @laurengoode and @shakeelhashim
Forums: r/OpenAI, r/aiwars, r/singularity, and Slashdot
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