Techmeme
August 19, 2025, 9:40 AM

Top News

Kif Leswing / CNBC:
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+  —  Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.
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., a move that could see the US become the beleaguered chipmaker's largest shareholder.
Financial Times:
Sources: Masayoshi Son met Lip-Bu Tan to discuss SoftBank acquiring Intel's faltering foundry business in the weeks before announcing SoftBank's $2B investment  —  Japanese group's approach comes as US manufacturer struggles to attract customers and compete with rival TSMC
Kanishka Singh / Reuters:
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data  —  U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to drop its mandate for iPhone maker Apple …
Sheryl Estrada / Fortune:
An MIT report finds that 95% of GenAI pilots at companies have little to no financial impact, due to the “learning gap” for both the tools and the companies  —  Good morning.  Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.
Kashish Tandon / Reuters:
OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to grow users in its second-largest market  —  ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month …
Carl Franzen / VentureBeat:
Nvidia debuts Nemotron-Nano-9B-v2, a hybrid Mamba-Transformer model, saying it achieves comparable or better accuracies than Qwen3-8B on reasoning benchmarks  —  Small models are having a moment.  On the heels of the release of a new AI vision model small enough to fit on a smartwatch …
Devindra Hardawar / Engadget:
Jon Brodkin / Ars Technica:
A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally selling customer location data without consent, after a 2024 FCC ruling  —  A federal appeals court rejected T-Mobile's attempt to overturn $92 million in fines for selling customer location information to third-party firms.
Bloomberg:
Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units  —  Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants …
Arasu Kannagi Basil / Reuters:
Blockchain-based lender Figure files for a US IPO, reporting H1 2025 revenue up 22% YoY to $191M and a $29M net income, compared with a $13M net loss in H1 2024  —  Figure Technology Solutions' revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday …
Rebecca Bellan / TechCrunch:
Texas AG Ken Paxton probes Meta and Character.AI over claims they deceptively market chatbots as mental health tools, misleading kids and other vulnerable users  —  Texas attorney general Ken Paxton has launched an investigation into both Meta AI Studio and Character.AI for …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify: Revolutionizing Commerce with Winter Edition '26  —  Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Zoho:
Zoho Billing Enterprise Edition: A platform for strategic revenue operations  —  Today's enterprises are adopting more flexible pricing models, charging customers based on actual consumption.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
AI Is Upending Law. Is That A Sign For The Rest Of Us? — With Melia Russell
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
[trading places]:
Ben Black Akkadian Ventures🏆 | Secondaries Secrets 💎 | RAISE Conf 🎯 | Vercel $9B 🚀
a very bad podcast about broken unicorns & busted carry hosted by dave mcclure and aman verjee
Subscribe to [trading places].
Channels with Peter Kafka:
Lachlan Cartwright Started in Tabloids. Now He's a Must-Read Media Gossip.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Gavin Baker - Nvidia v. Google, Scaling Laws, and the Economics of AI
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Uncapped with Jack Altman:
Pat Grady & Alfred Lin from Sequoia
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 AM ET, August 19, 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.

More News

Jody Godoy / Reuters:
Kia Kokalitcheva / PitchBook:

Earlier Picks

Ben Bergman / Business Insider:
Joseph Cox / 404 Media:
Himanshi Akhand / Reuters: