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September 12, 2025, 11:50 PM
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memeorandum
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| Gabe Rivera / Techmeme News: |
On Techmeme's 20th birthday, its founder explains what's behind the site's consistency, debunks some supposed media trends, and outlines future directions — Please clap for Techmeme — Techmeme turns 20 freaking years old today. This is our self-congratulatory post marking the occasion.
X: @gaberivera, @timsneath, @dbreunig, @y_molodtsov, @ashkan, @brij, @kevinakwok, @jessicalessin, @ashleymayer, @ravmike, @colegarry2, @jeffjohnroberts, @kantrowitz, @gaberivera, @tsgiles, @mgsiegler, @joshconstine, and @davemcclure
LinkedIn: Gabe Rivera and Andrii Degeler
Bluesky: @gaberivera, @caseynewton, @jeffgreco.com, @dsammyc, @dannygroner, @mmasnick, @davelee.me, @mgsiegler.com, @fredericl, @jordannovet, @willoremus.com, @taumuyi, @fvogelstein, @willoremus.com, and @davelee.me
Threads: @gaberivera, @bleblanc83, @chris, @kfury, @technologizer, @amyofcanada, @mmccue, and @tomwarrenuk
| Tanaya Macheel / CNBC: |
Gemini closed up 14.3% at $32 per share in its Nasdaq debut, giving it a ~$3.8B market cap, after the Winklevoss twins' crypto exchange raised $425M in its IPO — Shares of Gemini Space Station rallied 14% on Friday after the exchange operator raised $425 million in an initial public offering.| Annie Palmer / CNBC: |
Opendoor's new chairman Keith Rabois says “I don't know what most” of its 1,400 employees do and the company doesn't need “more than 200 of them” — Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a “bloated” workforce have been a drag …
More: Business Insider, San Francisco Business Times, RealEstateNews.com, Benzinga, New York Post, Motley Fool, and Yahoo Finance
Forums: r/StockMarket and Slashdot
| Daniel Kuhn / The Block: |
Tether launches the US-regulated USAT stablecoin and names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit — - USAT is designed to be a U.S.-regulated, dollar-backed stablecoin and a complement to USDT, which has about $169 billion in circulation.
More: Tether, CNBC, Fortune, Axios, Protos, Cryptonews, Forbes Middle East, The Crypto Times, Coinspeaker, Bitcoin Insider, American Banker, Reuters, BeInCrypto, PYMNTS.com, crypto.news, Watcher Guru, Benzinga, The Information, Blockonomi, Bitcoinist.com, Unchained, CoinGape, CryptoSlate, Blockworks, Decrypt, DL News, Bank Automation News, CoinDesk, Finextra, Yahoo Finance, TheStreet, and The Defiant
X: @trad_fin, @usat_io, @tether_to, @yueqi_yang, @fintechfrank, @ethena_labs, @cowboycrypto313, @rumblevideo, @whosknave, @nathanmccauley, @0xanteater, @pledditor, @laurashin, @ericturnr, @mdudas, @usat_io, @anchorage, @fintechfrank, @brandonlutnick, @ccatalini, @usat_io, @hadickm, @repbryansteil, @ccatalini, @campbelljaustin, @whosknave, @usat_io, @bohines, @paoloardoino, @muyaoshen, and @paoloardoino. LinkedIn: Diogo Mónica. Forums: r/Buttcoin
| Jaures Yip / CNBC: |
OpenAI unveils Grove, a five-week mentorship program for nascent tech entrepreneurs, hosted in its San Francisco HQ, with ~15 participants in its first cohort — OpenAI on Friday introduced a new program, dubbed the “OpenAI Grove,” for early tech entrepreneurs looking to build with artificial intelligence … | Mark Gurman / Bloomberg: |
Sources: Robby Walker, one of Apple's most senior AI executives who was in charge of Siri until earlier this year, is leaving the company next month — Apple Inc.'s Robby Walker, one of the iPhone maker's most senior artificial intelligence executives, is leaving the company, according to people with knowledge of the matter.
More: 9to5Mac, Reuters, The Information, AppleInsider, and MacDailyNews
| Sarah Perez / TechCrunch: |
Mastodon plans to roll out quote posts next week, with safety features that give users several ways to control how their posts can be quoted, to avoid “dunking” — Mastodon, an open source, decentralized alternative to X, is rolling out a somewhat controversial feature by adding quote posts, which will launch next week.
More: Mastodon Blog and The Verge
Bluesky: @blank.org, @werd.io, @thefoxandthecity.com, @o.simardcasanova.net, and @aramsinn. Mastodon: @Mastodon@mastodon.social. Forums: r/technology
| Coco Feng / South China Morning Post: |
Apple delays iPhone Air preorders in China, likely over eSIM regulatory issues, and replaces the launch schedule with “release information to be updated later” — Apple says all three state-owned telecoms network operators would provide eSIM support ‘subject to regulatory approval’
More: Business Insider, The Information, Bloomberg, Malay Mail, Wall Street Journal, BGR, UPI, iClarified, iDrop News, The Economic Times, iThinkDifferent, Nikkei Asia, Proactive, CNBC, AppleInsider, PC Guide, Mobile World Live, PhoneArena, Cult of Mac, TechCrunch, Engadget, MacTech.com, Business Standard, The Verge, 9to5Mac, MacRumors, and MacDailyNews
| The Information: |
Sources: Polymarket considers an offer valuing it at ~$9B, up from $1B in the summer; Kalshi is close to raising money at a $5B valuation, up from $2B in June — Startups that enable people to bet on events such as the New York mayoral race, NFL games and the Federal Reserve rate decisions …
More: Business Insider, Financial Times, Cointelegraph, CoinDesk, and The Block. LinkedIn: Katie Roof
| Wall Street Journal: |
Some 20-somethings flocking to SF to build trillion-dollar AI startups say no to booze, sleep, and fun as they strive to be, or appear to be, the most obsessed — To reach the dream of creating a trillion-dollar company, the 20-somethings flocking to San Francisco give up everything but their laptops
More: Blockworks, Yahoo Finance, and MarketWatch
X: @mattrosoff, @wsjtech, and @garrytan
LinkedIn: Stephen Hirschfeld, Xavier Martinez, and Ankit Dhawan
Bluesky: @lifewinning.com, @carnage4life, @martinsfp, @tomrichardson, and @uticaeric. Mastodon: @freddy@social.security …
Forums: Hacker News and r/bayarea
| Pei Li / Bloomberg: |
Sources: Tencent recruited prominent AI researcher Yao Shunyu from OpenAI; a source and Chinese media say Tencent offered him a CN¥100M+, or ~$66M, pay package — Tencent Holdings Ltd. has recruited a prominent artificial intelligence researcher from OpenAI in one of the most high-profile defections … | Barbara Moens / Financial Times: |
The EU ends an antitrust probe against Microsoft with no fine and accepts its concessions, including offering Office without Teams in Europe for seven years — US tech group faced scrutiny over how it bundled together its Teams and Office products — Microsoft has avoided an EU fine …
More: Ars Technica, European Commission, CNBC, Engadget, Modern Diplomacy, CNET, SiliconANGLE, Reuters, Courthouse News Service, ITPro, The Hill, Windows Report, WinBuzzer, Bloomberg, Benzinga, UPI, Associated Press, Silicon Republic, The Register, TechRadar, Tech Xplore, MarketWatch, Euronews, Euractiv, Wall Street Journal, The Verge, The Economic Times, and Morningstar, Inc.
X: @lewis_crofts, @carlotareyners, @eu_commission, @tomwarren, and @eu_competition. Bluesky: @quinnypig.com. Forums: r/technews
| Vincent Chow / South China Morning Post: |
Beijing-based AIsphere, the startup behind the AI video generator PixVerse, raised a $60M Series B led by Alibaba, and says PixVerse has 100M+ users globally — AIsphere's PixVerse has over 100 million users globally, more than double the number it had at the start of the year
More: PixVerse on LinkedIn, Pulse 2.0, DealStreetAsia, Tech in Asia, and FinSMEs
| Amit Chowdhry / Pulse 2.0: |
AI video generation startup Higgsfield raised a $50M Series A led by GFT Ventures — Higgsfield.ai, a rapidly growing company specializing in AI for video creation, has announced the successful close of its $50 million Series A funding round. The investment was led by GFT Ventures and joined …
More: FinSMEs and Yahoo Finance
| Anthony Vecchione / Mobi Health News: |
Copenhagen-based Teton.ai, which offers an AI companion to help nurses monitor patients and improve workflows, raised a $20M Series A led by Plural — The company is on track to be live in 10 U.S. states by the end of 2025. — Global — Copenhagen-based Teton.ai …
More: FinSMEs, Reuters, and HIT Consultant
| Rebecca Bellan / TechCrunch: |
Shares of transit software company Via closed at $49.51 in their NYSE debut, above the $46 IPO price, giving Via a market cap of ~$3.9B, after raising $492.9M — Investors took a cautious approach to transit software startup Via's IPO on Friday, with shares opening below the company's IPO price …
More: Bloomberg, Bloomberg, CTech, MarketWatch, The Crypto Times, Reuters, Benzinga, Reuters, GovTech, PitchBook, Benzinga, Travel And Tour World, Tech in Asia, and Bloomberg
| Jessica Hagen / Mobi Health News: |
Penguin Ai, which offers AI-powered tools for administrative tasks to healthcare payers and providers, raised $29.7M, including a $25M Series A led by Greycroft — The funds will be used to expand the company's reach with payers and providers, grow its team and for product development. — Global| Ina Fried / Axios: |
OpenAI and Microsoft say they “signed a non-binding memorandum of understanding for the next phase of our partnership”, and are working to finalize the terms — OpenAI and Microsoft said Thursday they have reached preliminary terms on a revised partnership and are “actively working to finalize” a definitive agreement.
More: OpenAI, The Information, Microsoft, Reuters, The American Bazaar, Spyglass, Tom's Hardware, Computerworld, eWeek, Quartz, Originally Reported …, Techstrong.ai, Bloomberg, Fortune, The Decoder, TechRadar, AIN, Silicon Republic, Moneycontrol, Implicator.ai, Windows Report, ITPro, PCMag, Windows Central, Verdict, Constellation Research, Thurrott, Tech Times, Proactive, Digit, NDTV Profit, Benzinga, Financial Times, Bloomberg, The Information, TechCrunch, and Wall Street Journal
X: @signulll, @luke_metro, @shaunralston, @mgsiegler, @aaronpholmes, @patrickmoorhead, @theaustinlyons, @rustybrick, @mgsiegler, @kyliebytes, @openainewsroom, @msftnews, and @openainewsroom. LinkedIn: Emil Protalinski
Bluesky: @ondrop, @edzitron.com, @gnat, @mgsiegler.com, @brianfagioli, and @tomwarren.co.uk
Forums: r/wallstreetbets and r/BetterOffline
| Ashley Capoot / CNBC: |
More: OpenAI, Associated Press, DatacenterDynamics, Cointelegraph, and KnowTechie
X: @ronconway, @thezvi, @stevehou0, @miles_brundage, @mihonarium, @miles_brundage, and @inafried. LinkedIn: Adam Goldberg. Bluesky: @mgsiegler.com
Forums: r/business and r/technology
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