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September 19, 2025, 7:35 PM
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The Information:
Sources: OpenAI is recruiting from Apple's hardware, design, manufacturing, and supply chain teams, as it targets late 2026 or early 2027 for its first devices  —  As OpenAI's plans to make devices infused with its artificial intelligence get closer to reality, the company is increasingly plucking talent …
Reuters:
President Trump signs a proclamation requiring companies to pay an annual $100,000 fee for H-1B visas, a move that could significantly impact the tech industry  —  - Visas are used principally by tech sector  — Over 70% of beneficiaries of H-1B visas enter US from India
Jess Weatherbed / The Verge:
Meta CTO says the technical issues during live demos of its new smart glasses were due to a self-inflicted DDoS and a bug that put Zuckerberg's glasses to sleep  —  Meta ran into some spectacularly embarrassing technical issues during the live demos of its new smart glasses this week, and now we know why.
Emmett Lindner / New York Times:
Trump appears to suggest Xi Jinping approved a deal to divest TikTok's US operations during a call, but neither side elaborated on what the approval entailed  —  The president wrote on Truth Social, “appreciate the TikTok approval,” after a call with China's top leader, Xi Jinping.
Kif Leswing / CNBC:
Sources: xAI has raised $10B at a post-money valuation of $200B, weeks after reportedly raising $10B in debt and equity at a ~$150B valuation  —  Elon Musk's xAI is raising $10 billion from investors in a round that values the artificial intelligence startup at $200 billion, sources told CNBC's David Faber.
New York Times:
Inside xAI's chaotic summer: Musk reorganized xAI on the fly, researchers left because xAI abandoned science in favor of attention-grabbing products, and more
Jez Corden / Windows Central:
Microsoft plans to raise Xbox Series X price by $50 to $649.99 and Series S by $20 to $399.99 starting Oct. 3, citing “changes in the macroeconomic environment”  —  The cost of gaming in America just went up — here's why.  —  The tariff situation in the United States …
The Information:
Sources: Apple told at least two suppliers to boost their daily output of entry-level iPhone 17 by at least 30%, after strong pre-orders last weekend  —  Apple is rushing to boost production of its newly released entry-level model iPhone 17 after strong pre-orders last weekend.
Tim Bradshaw / Financial Times:
Sources: Nvidia is in advanced discussions to invest $500M in UK self-driving car startup Wayve, as part of a £2B pledge for UK startups; Wayve is evaluating  —  AI chipmaker's chief tells London audience that UK's first trillion-dollar company will be an AI business
Bloomberg:
Sources: Oracle is in discussions with Meta to provide Meta computing power for training and deploying AI models, in a deal worth about $20B  —  Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company …
Sri Muppidi / The Information:
Sources: OpenAI plans to spend ~$100B on backup servers rented from cloud providers through 2030, in addition to the $350B already projected for server rentals  —  When OpenAI in March released ChatGPT features that could turn photos into animated characters, a spike in usage forced the company to put temporary limits on the features.

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From Mediagazer

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca

Ted Johnson / Deadline:
WSJ asks a judge to toss out Trump's revised defamation lawsuit over its Jeffrey Epstein letter story, saying it is a “re-package” of claims already dismissed

More News

Sarah Perez / TechCrunch:
Mastodon, the nonprofit that maintains the social network, plans to offer paid hosting, moderation, and support services for organizations joining the fediverse

Earlier Picks

Alex Wickham / Bloomberg:
MI6 launched Silent Courier, an online portal on the dark web and designed to let potential spies from Russia and elsewhere to send the agency messages securely
Kieran Smith / Financial Times:
The US DOJ charges a UK teen allegedly tied to Scattered Spider over 120+ cyberattacks and the UK charged him and another teen over a Transport for London hack
Jordan Novet / CNBC:
Notion launches customizable agents that can create documents and perform other actions in the background, and says it has passed $500M in annualized revenue
Yaël Bizouati-Kennedy / Sherwood News:
Rex-Osprey launches the first spot dogecoin and XRP ETFs in the US, after the SEC approved the Generic Listing Standards, paving the way for speedier listings
Reece Rogers / Wired:
Google unveils new AI features for Chrome, including a Gemini button and AI Mode for US desktop users, and plans to add agentic features in the next few months
Leah Nylen / Bloomberg:
The US FTC and seven states sue Live Nation and its Ticketmaster subsidiary for failing to stem the use of ticketing bots and large-scale resale operations
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