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September 22, 2025, 10:55 AM
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memeorandum
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| Ellen O'Regan / Politico: |
The European Commission considers simplifying the 2009 rule that plastered the internet with cookie consent banners, as it seeks to reduce regulatory burdens — In a bid to slash red tape, the European Commission wants to eliminate one of its peskiest laws: a 2009 tech rule that plastered …
More: Club386, Digit, Silicon Republic, and The National Law Review
X: @bgurley, @klemensarro, and @mikeelgan
Bluesky: @willeman.eu and @juteszembe
Mastodon: @vmbrasseur@social … and @desertcamel@mastodon.social
Forums: r/europeanunion, r/eutech, and r/DailyTechNewsShow
| Brody Ford / Bloomberg: |
Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries — Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus …
More: Reuters, Oracle, Yahoo Finance, Constellation Research, Wall Street Journal, Financial Times, Associated Press, MarketWatch, CNBC, and Barron's Online. Bluesky: @edzitron.com
| Axios: |
White House says TikTok's new US entity would lease a copy of ByteDance's algorithm, which Oracle would retrain; US users wouldn't need to re-download the app — TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China … | Erin Doherty / CNBC: |
More: Quartz, Associated Press, Proactive, TechRadar, New York Times, Music Ally, Yahoo Finance, The Guardian, France 24, CNN, International Business Times, TipRanks Financial, Sky News, The Register, Benzinga, Türkiye Today, Forbes Middle East, Reuters, Nairametrics, Tech Times, Sydney Morning Herald, Mumbrella, Financial Times, Axios, Digital Journal, Wall Street Journal, Deadline, B&T, The A.V. Club, Anadolu Ajansı …, The Guardian, Telegraph, Times of India, Australian Financial Review, BusinessLIVE, Status, The Japan Times, Gizmodo, Straight Arrow News, Channel NewsAsia, Al Jazeera, TechCrunch, The Times, The Independent, The Straits Times, The North West Star, InDaily, Inside South …, The Hill, Barron's Online, NBC News, The Wrap, Forbes, Mediaite, Livemint, and The Hollywood Reporter
X: @zvz, @darrigomelanie, @atrupar, @brianstelter, @tvietor08, @danprimack, and @danprimack. Threads: @tomgara. Forums: r/politics
| Ina Fried / Axios: |
Google DeepMind updates its Frontier Safety Framework to account for new risks, including the potential for models to resist shutdown or modification by humans — Google DeepMind said Monday it has updated a key AI safety document to account for new threats — including the risk …
More: Google DeepMind, WinBuzzer, and South China Morning Post
| Manish Singh / India Dispatch: |
The $100K+ H-1B fee could accelerate offshoring as tech companies route work to India and other countries rather than bringing engineers to the US — The U.S. will charge companies $100,000 for each new foreign tech worker under an initiative officials call Project Firewall …
More: Reuters, Associated Press, CIO.com, CNBC, Yahoo Finance, Nikkei Asia, Al Jazeera, Implicator.ai, BBC, TechCircle, NBC News, The Economic Times, SiliconANGLE, ABC, Business Insider, Forbes Middle East, The Saturday Paper, DAWN.COM, Tech in Asia, The Irish Times, ABC7, Benzinga, Fortune, Financial Times, and Newsweek. Bluesky: @tooze
| Digiday: |
The US v. Google ad tech trial, in which a judge ruled that the company illegally monopolized the digital ad market, begins its remedies phase — The ad tech trial many thought would go nowhere has done the unthinkable: it delivered. Judge Leonie Brinkema ruled that Google illegally monopolized … | Bloomberg: |
Sources: smart ring maker Oura is raising an $875M+ Series E at a $10.9B valuation, up from $5B in November 2024, and has sold ~3M rings over the past year — Oura Health Oy, the maker of the popular Oura health and fitness ring, is closing in on a roughly $11 billion valuation after selling about 3 million rings over the past year.
X: @markgurman
| Mary Ann Azevedo / Crunchbase News: |
AppZen, which builds AI-powered tools to automate finance functions, raised a $180M Series D led by Riverwood Capital, bringing its total funding to $290M — AppZen, which has built an agentic AI platform for finance teams, has raised $180 million in a Series D round, the company told Crunchbase News.
More: FinTech Global, SiliconANGLE, and Axios
| Financial Times: |
A look at the data center cluster in the Chinese city of Wuhu, where 15 companies, including Huawei, have built data centers with a total investment of $37B — Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy.| Wall Street Journal: |
How Seattle, transformed into a tech hub by Amazon and Microsoft's explosive growth, is grappling with the companies' layoffs affecting local economy — Amazon and Microsoft remade the Seattle area. Now its economy is feeling the pain of the industry's pullback.
More: Sherwood News, The Urbanist, and GeekWire
Bluesky: @theianzhang and @frydawolff
Forums: Hacker News, r/Seattle, r/Seattle, and Slashdot
| Vitalik Buterin / Vitalik Buterin's website: |
Ethereum's “low-risk DeFi” applications like payments and savings could drive the chain's revenue in a similar way that search and ads sustain Google's business — One of the important tensions in the Ethereum community for a long time has been the tension between (i) …
| Courtney Rozen / Reuters: |
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and OpenAI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama …
More: The Hill, Meta Newsroom, FedScoop, The Independent, Modern Diplomacy, and Nextgov/FCW. Bluesky: @fintwitter
| Maggie Shiltagh / Bloomberg: |
Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline — Nordic power companies stand to win big from Europe's data-center boom, as cool weather and lower power prices entice more mega-projects northward.| Emily Mason / Bloomberg: |
Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 — Cardless, a co-brand credit-card startup, raised $60 million in fresh venture funds to add features and build programs with name-brand clients …
More: Axios, Finextra, and Coinpedia Fintech News
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