Techmeme
September 26, 2025, 3:20 PM

Top News

Bloomberg:
The Trump administration's $14B valuation of TikTok's US business falls well below previous estimates of around $40B, considered a bargain by investors  —  The $14 billion valuation that the Trump administration has estimated for TikTok's US business falls well below projections …
Associated Press:
Jonathan Vanian / CNBC:
Mark Gurman / Bloomberg:
Sources: Apple has developed an internal ChatGPT-like iPhone app, code-named Veritas, to help test and prepare for a major Siri overhaul next year  —  Apple Inc. has developed a ChatGPT-like iPhone app to help test and prepare for a long-anticipated overhaul of Siri coming next year, according to people familiar with the matter.
Wall Street Journal:
Sources: EA is nearing a deal to go private in a leveraged buyout valuing EA at ~$50B; investors include Silver Lake and Saudi Arabia's PIF; EA jumps 13%+  —  Investors including Silver Lake eyeing deal that would likely be the largest leveraged buyout ever
Amrith Ramkumar / Wall Street Journal:
Sources: Trump administration is considering requiring chipmakers to produce as many chips in the US as they import, with tariffs on those who fail to comply  —  Administration wants domestic manufacturing to match imports and would impose tariffs on those companies that don't step up production
Bloomberg:
Meta plans to launch paid, ad-free versions of Instagram and Facebook in the UK, each costing £2.99 per month on the web, and £3.99 on iOS and Android  —  Meta Platforms Inc. will soon offer paid versions of Facebook and Instagram in the UK that will remove advertising from both platforms.
Sean Hollister / The Verge:
Microsoft and Asus open preorders for the first Xbox handhelds, the ROG Xbox Ally for $599 and the ROG Xbox Ally X for $999 in the US, shipping October 16  —  Xbox Ally X and Xbox Ally go on sale with PC-like prices, with preorders starting today. … Today, Microsoft and Asus …
Kate Whannel / BBC:
The UK unveils plans for a digital ID, which will be required to work in the country, to combat illegal immigration; the ID will be stored on people's phones  —  Digital ID will be mandatory in order to work in the UK, as part of plans to tackle illegal migration.
Frederic Lardinois / The New Stack:
Microsoft launches Microsoft Marketplace, combining Azure Marketplace and Microsoft AppSource in a single destination for cloud tools and AI apps and agents  —  Microsoft has long offered a variety of marketplaces for businesses in its ecosystem.  For cloud solutions, there is the Azure Marketplace …
Vicky Ge Huang / Wall Street Journal:
Sources: US regulators examined 200+ companies about sharp share-price gains in the lead-up to their announcements about making buying crypto a core strategy  —  SEC, Finra reach out to companies whose shares moved sharply before they announced plans to buy bitcoin, other digital assets
Joice Alves / Reuters:
A look at the use of tools like ChatGPT by retail investors to pick stocks, fueling a robo-advisory market boom, as experts warn of solely relying on AI  —  - Robo-advisory market projected to grow 600% by 2029  — Half of retail investors open to using AI tools, survey finds
Michael Nuñez / Venturebeat:
Perplexity launches Search API, giving developers direct access to the same web index that powers the startup's answer engine  —  Perplexity AI launched a comprehensive search application programming interface on Thursday, giving developers direct access to the same massive web index that powers …
Jacob Judah / MIT Technology Review:
How inaccurate AI translations of Wikipedia pages, which AI models use for training, may cause a doom spiral that further marginalizes vulnerable languages  —  When Kenneth Wehr started managing the Greenlandic-language version of Wikipedia four years ago, his first act was to delete almost everything.
Natalie Lung / Bloomberg:
Uber expects non-restaurant deliveries to hit an annual run rate of $12.5B in gross bookings by the end of 2025, up 25% from the $10B+ rate it shared in May  —  Uber Technologies Inc. sees its grocery and retail deliveries growing faster than expected, underscoring the company's effort …

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More News

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Earlier Picks

The Works in Progress Newsletter:
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