Techmeme
September 24, 2025, 6:45 AM

Top News

Wired:
OpenAI, Oracle, and SoftBank announce five new data center locations in the US, boosting Stargate's planned capacity to nearly 7 GW  —  The new sites will boost Stargate's planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.
Ted Hesson / Reuters:
The Trump administration proposes an H-1B visa process giving more weight to applications from employers who pay higher wages if visa demand exceeds the 85K cap  —  - Proposal favors higher-paid H-1B applicants if demand exceeds supply  — Trump administration cites need to protect wages of U.S. workers
Simon Willison / Simon Willison's Weblog:
Luz Ding / Bloomberg:
Washington Post:
How Trump leveraged Biden's TikTok ban law to help allies gain control of the app, amid fears it could be used to boost pro-Trump content and suppress criticism  —  The Biden administration argued a forced sale of the app would protect it from political influence.
Elizabeth Chamberlain / iFixit News:
iPhone 17 Pro teardown: the anodized aluminum scratches badly around the camera plateau edge, the screwed-in battery is a nice repairability upgrade, and more  —  iPhone 17 Pro Teardown  —  The anodized aluminum finish on the brand new iPhone 17 Pro is gorgeous, right up until it meets …
Bloomberg:
Sources: Tether is in talks to raise $15B to $20B in exchange for a ~3% stake through a private placement in a deal that could value the company at ~$500B  —  Tether Holdings SA, issuer of the world's largest stablecoin, is in talks with investors to raise as much as $20 billion …
Ashleigh Fields / The Hill:
In a letter to Rep. Jim Jordan, YouTube says it will reinstate creators it banned for COVID and election misinfo, and blames Biden officials for the bans  —  YouTube's parent company, Alphabet, on Tuesday said it would reinstate creators previously banned for spreading misinformation about COVID-19 and false election content.
Benjamin Mayo / 9to5Mac:
Apple postpones the release of Apple TV+ show The Savant this Friday; its trailer faced backlash for allegedly misrepresenting right-wing ideologies  —  Apple has quietly cancelled the release of The Savant, which was set to hit Apple TV+ this Friday, September 26.
Saritha Rai / Bloomberg:
Bain: by 2030, AI companies will need $2T in combined annual revenue to fund compute power to meet projected demand, but are likely to fall short by $800B  —  Artificial intelligence companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centers …
Xavier René-Corail / The GitHub Blog:
GitHub outlines plans to secure npm following multiple supply-chain attacks, including deprecating legacy classic tokens and migrating users to FIDO-based 2FA  —  Addressing a surge in package registry attacks, GitHub is strengthening npm's security with stricter authentication, granular tokens …
Catharine Tunney / CBC News:
A joint investigation by Canadian privacy authorities finds TikTok collected sensitive personal data from hundreds of thousands of Canadian children under 13  —  Social media platform removing 500,000 Canadian kids from its platform each year  —  The immensely popular social media app TikTok …
Artie Beaty / ZDNET:
Google rolls out an AI-powered conversational photo editing tool, previously exclusive to the Pixel 10 series, to all Google Photos users on Android in the US  —  ZDNET's key takeaways  — Google has revealed an AI-powered editing tool for Google Photos.  — You describe your desired edits with voice or text.
Jess Weatherbed / The Verge:
Meta starts rolling out built-in message translation in WhatsApp, with support for 19+ languages on iOS and six on Android  —  Translation is rolling out to iPhone and Android users, and will expand to support additional languages in the future.
The Economic Times:
Tracxn: funding for Indian digital lending startups fell to $462M between January and August 2025 from $1.1B a year earlier, after RBI tightened lending norms  —  Funding into digital lending startups slumped to $462 million between January and August 2025 from $1.1 billion a year earlier …
Michael Nuñez / Venturebeat:
Snowflake, Salesforce, and others announce the Open Semantic Interchange, a vendor-neutral standard for how business data is defined and shared across platforms  —  Snowflake, Salesforce, dbt Labs and more than a dozen other technology companies announced Tuesday they will create …
Lawrence Bonk / Engadget:
Spotify reinstates integration with third-party DJ software for Premium subscribers in 51 markets, including the US, after pulling support in 2020  —  Budding mixmasters can create sets from pre-existing playlists.  —  Spotify just announced integration with popular DJ software platforms like rekordbox, Serato and djay.
More: MacRumors and The Verge
The Economic Times:
Indian digital payments giant PhonePe confidentially files for an IPO in India, seeking to raise $1.5B, sources say at a valuation of $15B  —  PhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI.  The digital payments platform reduced its net loss by 13.4% to Rs 1,727.4 crore …
Pranav Mukul / The Economic Times:
BofA Securities: Blinkit holds over 50% share of India's quick commerce market, as rivals Zepto and Instamart prioritize profitability over aggressive expansion  —  Blinkit has solidified its dominance in India's quick commerce sector, now commanding over 50% market share, according to BofA Securities.
Alex Gabriel Simon / Bloomberg:
Sources: Flipkart is investing $30M in its fintech unit Supermoney, after a $20M 2024 spin-off round; Supermoney disbursed $700M+ in loans via lending partners  —  Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.  Sign up here.

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Earlier Picks

Bloomberg:
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