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Techmeme
August 22, 2025, 9:55 PM
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Top News

Wall Street Journal:
The US government takes a 10% stake in Intel; Howard Lutnick said earlier the US won't be on the board or play a role in Intel's governance; INTC closes up 5%+  —  Conversion of Chips Act grants to equity will likely be followed by other moves to help troubled chip maker, analysts say
Intel:
Intel says the US will make an $8.9B investment by purchasing 433.3M primary shares of Intel common stock for $20.47/share; INTC closed on August 22 at $24.80  —  U.S. Government to make $8.9 billion investment in Intel common stock as company builds upon its more than $100 billion expansion of resilient semiconductor supply chain
Mark Gurman / Bloomberg:
Sources: Apple is in talks with Google about using Gemini to power a revamped Siri; Google has started training a model that could run on Apple's servers  —  Apple Inc. is in early discussions about using Google Gemini to power a revamped version of the Siri voice assistant …
Sarah Perez / TechCrunch:
Bluesky blocks access to its service in Mississippi, saying it doesn't have the resources to comply with the state's broad new law requiring age verification  —  Social networking startup Bluesky has made the decision to block access to its service in the state of Mississippi, rather than comply with a new age assurance law.
Alexandr Wang / @alexandr_wang:
Meta announces a partnership with Midjourney to license the startup's “aesthetic technology” for Meta's future models and products  —  1/ Today we're proud to announce a partnership with @midjourney, to license their aesthetic technology for our future models and products, bringing beauty to billions.
Samantha Subin / CNBC:
NYC grants Waymo its first permit, which extends through late September, to test up to eight of its autonomous vehicles in Manhattan and Downtown Brooklyn  —  Waymo is getting one step closer to rides in New York City.  —  The Alphabet autonomous vehicle subsidiary received its first permit …
Newley Purnell / Bloomberg:
Apple sues ex-staffer for allegedly stealing Watch trade secrets to benefit Oppo before leaving Apple in June, claims Oppo knew of and encouraged his actions  —  Apple Inc. accused smartphone maker Oppo in a lawsuit of poaching a highly paid member of the Apple Watch team and encouraging …
Sarah Perez / TechCrunch:
On its 10th anniversary, YouTube Music gets new features, including “Taste Match” playlists similar to Spotify Blend and event notifications through Bandsintown  —  YouTube is celebrating 10 years of its YouTube Music app on Thursday with the launch of new features that bring it closer to rival Spotify and others.
Bloomberg:
Pattern, an e-commerce firm that resells goods on online marketplaces, files for a US IPO, reporting net income of $32.1M on revenue of $1.1B for H1 2025  —  Pattern Group Inc., an e-commerce firm that resells goods on marketplaces such as Amazon.com Inc.'s, filed for an initial public offering, disclosing growing revenue and profit.
More: Reuters and Reuters.  X: @bryce
Qianer Liu / The Information:
Sources: Nvidia told suppliers like Amkor and Samsung to halt H20 chip production after China urged local tech firms to avoid H20 over alleged security concerns

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:55 PM ET, August 22, 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

April Roach / CNBC:
Bill Ackman's Pershing Square offers to buy Amsterdam-listed UMG for ~$64.4B in cash and stock; Pershing plans to list the merged company on the NYSE

Cheyanne M. Daniels / Politico:
Trump threatens to find and jail the journalist who reported that a US officer was awaiting rescue in Iran last week, unless the journalist reveals their source

David Bauder / Associated Press:
The News Media Guild says more than 120 of the AP staff members it represents received buyout offers on Monday

More News

Daniel Thomas / Financial Times:
Filing: OnlyFans gross revenue hit $7.2B in FY ending Nov. 2024, up from $6.6B YoY, and paid $5.8B to creators, up from $5.3B; creator accounts grew 13% to 4.6M
Financial Times:
Email: TikTok plans to lay off several hundred UK trust and safety staff in the UK and Asia, citing “technological advances” such as LLMs in content moderation

Earlier Picks

Munsif Vengattil / Reuters:
OpenAI sets up a legal entity and plans to open its first office in India after launching ChatGPT Go, its cheapest plan, in the country on August 19
Nikou Asgari / Financial Times:
Sources: EU officials are fast-tracking digital euro plans, and considering Ethereum or Solana over a private blockchain after the US passed the Genius Act
David Heaney / UploadVR:
Vivo demos Vivo Vision, its first MR headset, which looks like an Apple Vision Pro clone but is ~40% lighter with micro-OLED displays, and could cost ~$1,400
Financial Times:
Filing: OpenAI says Elon Musk talked to Mark Zuckerberg in February about backing a $97.4B OpenAI bid, but neither Zuckerberg nor Meta signed a letter of intent
Casey Crownhart / MIT Technology Review:
Google says the median Gemini app text prompt consumes 0.24Wh of energy, about the same as running a microwave for a second, and emits 0.03g of CO2 equivalent
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