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August 18, 2025, 2:20 PM
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Himanshi Akhand / Reuters:
Australia's ACCC says Google agreed to pay a AU$55M fine over deals with Telstra and Optus to preinstall only Google Search on Android phones from 2019 to 2021  —  Australia's competition regulator said on Monday it has begun proceedings against Alphabet's Google (GOOGL.O) …
Bloomberg:
Sources: the Trump administration is in discussions to take a stake of ~10% in Intel, converting some or all of Intel's $10.9B CHIPS Act grants into equity  —  The Trump administration is in discussions to take a stake of about 10% in Intel Corp., according to a White House official …
Debby Wu / Bloomberg:
SoftBank buys Foxconn's Ohio EV plant; Foxconn will still run the plant and make AI servers as part of Softbank's $500B Stargate project with OpenAI and Oracle  —  Hon Hai Precision Industry Co. will operate a US factory owned by SoftBank Group Corp., setting up what's in the running …
Bloomberg:
Source: Oracle Chief Security Officer Mary Ann Davidson, who joined in 1988 and became the company's first CSO, is leaving as part of a recent reorganization  —  Oracle Corp.'s longtime chief security officer, one of the highest ranking women in the cybersecurity industry …
Financial Times:
Sources: the EU and the US have delayed formalizing their trade deal partly over “non-tariff barriers”, like relaxing the DSA, which the EU sees as a red line  —  Document formalising last month's deal delayed by squabbles over language on ‘non-tariff barriers’, bloc's officials say
Zack Whittaker / TechCrunch:
HR giant Workday says hackers stole an unspecified amount of personal information, like names and email addresses, from one of its third-party CRM platforms  —  Workday, one of the largest providers of human resources technology, has confirmed a data breach that allowed hackers …
Ben Bergman / Business Insider:
Sources: Anthropic asked Menlo to use the VC firm's own capital for investment in the startup and not an SPV, as Menlo did in a previous funding round  —  - Anthropic is raising about $5 billion at a $170 billion valuation, BI confirmed.  — The AI startup is being picky about the types …
Joseph Cox / 404 Media:
Grok's website is exposing the underlying prompts for its AI personas, including one for a “crazy conspiracist” persona that spends “a lot of time on 4chan”  —  The website for Elon Musk's AI chatbot Grok is exposing the underlying prompts for a wealth of its AI personas …
Samantha Subin / CNBC:
Google increases its stake in bitcoin miner and datacenter operator TeraWulf from 8% to 14%, bringing its total investment to ~$3.2B; WULF jumps 10%+  —  TeraWulf stock rallied more than 10% after Google hiked its stake in the bitcoin miner and data center operator as it funds an expansion of its Lake Mariner, New York, facility.
Max Buondonno / The Shortcut:
Samsung announces the Galaxy Buds3 FE, with a new AirPods Pro-like design, improved ANC, and upgraded audio quality, launching September 4 for $149.99  —  - 🎧 Samsung has announced its latest budget earbuds: the Galaxy Buds 3 FE  — 🔇 The earbuds come with improved ANC and upgraded audio quality
Financial Times:
Digital bank Monzo, which has 13M UK customers, plans to launch a mobile phone service; Revolut and Klarna, each with ~11M UK customers, announced similar plans  —  Digital bank is exploring launching its own digital sim and offering monthly contracts  —  Monzo is planning to launch …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:20 PM ET, August 18, 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

Ben Dummett / Wall Street Journal:
Axel Springer agrees to buy the Telegraph for £575M, ending the proposed acquisition by the DMGT, and plans to “turbocharge” the Telegraph's presence in the US

Wall Street Journal:
Sources: a coalition of states including California, Colorado, and New York prepares to sue on antitrust grounds if the Nexstar-Tegna deal gets FCC approval

Alex Weprin / The Hollywood Reporter:
SEC filing: Byron Allen buys a 10.7% stake in Starz for $25M from investment fund Liberty 77, led by former Treasury Secretary Steve Mnuchin

More News

Edward White / Financial Times:
China's podcast audience is projected to reach 150M in 2025, up from <700K five years ago, driven by grassroots hosts instinctively navigating China's red lines
Bluesky: @mranthropology and @yaqiu
X: @patrickc and @edwardwhitenz
LinkedIn: Yi Yang and Edward White

Earlier Picks

Ashley Capoot / CNBC:
A profile of Epic Systems CEO Judy Faulkner, who has led the EHR software company for 46 years, building it into one of the largest private US tech companies
Kevin Collier / NBC News:
Cybercriminals, spies, researchers, and corporate defenders are increasingly using AI, feeding into an escalating cat-and-mouse game of finding software flaws
Mark Gurman / Bloomberg:
Sources: Meta may debut “Hypernova” smart glasses with a display for ~$800 in September; Apple delays releasing immersive video shot around Vision Pro's debut
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