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Techmeme
October 11, 2025, 6:20 PM
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Top News

Sam Reynolds / CoinDesk:
Crypto markets crashed after Trump threatened an extra 100% tariff on China, triggering $19.1B+ in liquidations, 10x+ the liquidations during the FTX crash  —  Trump's 100% tariff warning on China ignited a global sell-off that wiped out $16 billion in leveraged crypto longs and pushed Ethena's USDe to a rare sub-$1 print.
Eric Slivka / MacRumors:
Apple discontinues Clips, a video editing app it launched in 2017, removing it from the App Store for new users, and says Clips will no longer be updated  —  Apple has essentially discontinued Clips, its video-editing app designed to allow users to combine video clips, images …
Wall Street Journal:
Thinking Machines Lab co-founder Andrew Tulloch has left to join Meta; he reportedly declined Zuckerberg's offer of a $1.5B+ package in August  —  Andrew Tulloch is the latest big-name AI researcher to join the social-media giant  —  A co-founder of Mira Murati's Thinking Machines Lab …
Sarah Perez / TechCrunch:
Google adds a Chrome feature that automatically disables browser notifications from websites users haven't interacted with recently, on Android and desktop  —  Google's Chrome web browser is about to become much less noisy.  —  On Friday, the technology giant announced a new feature …
Stephen Witt / New York Times:
Interviews with security researchers about AI's potential for large-scale destruction, as experts remain divided and global regulatory frameworks lag  —  How much do we have to fear from A.I., really?  It's a question I've been asking experts since the debut of ChatGPT in late 2022.
Mike Isaac / New York Times:
How TBPN's daily livestream became the preferred news show of tech insiders, as it taps into the “who's up, who's down” part of Silicon Valley culture  —  Inside a film studio lot in Hollywood on a Tuesday morning in August, Jordi Hays, a 29-year-old entrepreneur, ran into the frame of a live shot, waving a giant red flag.
Linda Yulisman / Rest of World:
Indonesia's film industry is embracing AI tools to produce Hollywood-style movies at a significantly lower cost; the average local film budget is about $602,500  —  Generative AI video and text tools are transforming some of the labor-intensive parts of filmmaking, and are largely welcomed in Indonesia's homegrown industry.
Richard Nieva / Forbes:
AMD's SVP of AI Vamsi Boppana says the company's AI software, designed with input from OpenAI, helped secure the multi-billion dollar deal with OpenAI  —  Chips aren't the only star of the massive agreement.  AMD's software efforts have slowly turned it into a more formidable competitor to Nvidia.
Nathan Lambert / Interconnects:
Thoughts on The Curve conference, where prominent figures debated about AI progress, and why automating research engineers is plausible within years  —  I spent the weekend debating AI timelines, among other things, at The Curve conference.  This translates as spending the weekend thinking …

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From Mediagazer

Rebecca Davis O'Brien / New York Times:
Sources: the US EEOC is poised to sue the NYT over a white male employee's allegation that he was denied a sought-after promotion because of his race and gender

Seb Joseph / Digiday:
A look at Baller League, a six-a-side indoor soccer league of creator-managed teams streaming free on YouTube and Twitch and averaging 4M+ views on match day

Reuters:
FIFA faces a broadcast crisis for the 2026 World Cup; a Reliance-Disney JV offered just $20M for India rights, and FIFA has yet to announce a China deal

More News

Reuters:
Ten major banks including Bank of America, Deutsche Bank, and UBS announce an early-stage project to explore issuing stablecoins pegged to G7 currencies

Earlier Picks

Jagmeet Singh / TechCrunch:
NPCI, which runs India's UPI, partners with OpenAI and digital payment company Razorpay on a pilot to let consumers shop and pay directly through ChatGPT
Heather Knight / New York Times:
Marc Benioff says President Trump is “doing a great job” and believes National Guard troops should be deployed to San Francisco to help reduce crime in the city
Hugh Son / CNBC:
Sources: Morgan Stanley told its financial advisors it will broaden access to crypto investments to all clients and allow such investments in any account type
Lily Hay Newman / Wired:
Apple announces a “major evolution” of the Apple Security Bounty program, doubling its top award to $2M for exploit chains that could be abused for spyware
Financial Times:
The UK CMA designates Google with “strategic market status” in search and ads, but excludes Gemini; Google has warned such oversight could slow product launches
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