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July 17, 2025, 7:15 PM
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Hayden Field / The Verge:
OpenAI debuts ChatGPT Agent, which can control an entire computer and perform multi-step tasks, powered by a new dedicated model, rolling out to paid users  —  One employee uses it to automate his weekly parking requests at OpenAI's San Francisco office.
Dan Shipper / Every:
Hands-on with ChatGPT Agent: combines OpenAI's Operator and deep research tools and is incredibly simple to use, but less customizable than Claude Code  —  It's launching today!  Here's our day-zero, hands-on report. … Surprise!  Operator and deep research had a baby, and it's called ChatGPT Agent.
Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 16% YoY to $11.08B, vs. $11.07B est., net income of $3.13B, and forecasts 2025 revenue of $44.8B-$45.2B, up from $43.5B-$44.5B  —  Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025.
Emma Roth / The Verge:
Netflix says it's on track to double its advertising revenue this year and that it will roll out interactive ads in the second half of 2025
Tom Hals / Reuters:
Meta shareholders suing Mark Zuckerberg and Meta leaders over alleged Cambridge Analytica privacy violations reach a settlement deal, ending an $8B trial  —  Mark Zuckerberg and current and former directors and officers of Meta Platforms (META.O) agreed on Thursday to settle claims seeking $8 billion …
Andrew J. Hawkins / The Verge:
Uber partners with EV maker Lucid and AV startup Nuro to deploy 20K+ robotaxis in the US over six years; Uber plans to invest $300M in Lucid and more in Nuro  —  The companies plan to launch 20,000 robotaxis in the US over the next six years, starting with the first city in 2026.
Debby Wu / Bloomberg:
TSMC reports Q2 net income up 61% YoY to ~$13.5B, beating est. every quarter since 2021, and raises its 2025 sales growth guidance in USD from mid-20% to 30%  —  Taiwan Semiconductor Manufacturing Co. raised its outlook for 2025 revenue growth, shoring up investors' confidence in the momentum of the global AI spending spree.
Nikkei Asia:
TSMC CEO C.C. Wei says the company is speeding up construction of its second and third Arizona plants “by several quarters” to meet chip demand from US clients  —  TOKYO — Taiwan Semiconductor Manufacturing Co. says it is speeding up construction of its second and third plants in Arizona …
Financial Times:
Sources: Trump is expected to sign an executive order as soon as this week that would open up 401(k) plans to cryptocurrency and other alternative investments  —  President preparing executive order to allow 401k plans to tap broad pool of alternative assets
Reuters:
The US House passes the GENIUS Act, sending the stablecoin bill to Trump for his signature, and advances two other crypto bills to the Senate for consideration
New York Times:
Substack raised a $100M Series C from Chernin Group, a16z, and others, sources say at a $1.1B valuation, as it builds its social network and warms up to ads  —  Substack, originally a newsletter service, says its app now has millions of users interacting with its creators.
Jay Peters / The Verge:
Roblox taps Persona to estimate users' ages and verify they are 13+, renames Friends to Connections, and says only users over 13 can message Trusted Connections  —  Teens will have to prove they are older than 13 to make ‘Trusted Connections’ they can chat more freely with.
Matthias Bastian / The Decoder:
Google's Veo 3 video generation model launches on the Gemini API, with an eight-second video costing $6, making it one of the most expensive AI video options  —  Google's Veo 3 video generation model is now available through the Gemini API, with a price point that puts it among the more expensive options for AI video.
Jonathan Greig / The Record:
Google says threat actors are breaching fully patched, end-of-life cybersecurity company SonicWall's appliances and stealing sensitive data from organizations  —  Threat actors are stealing sensitive data from organizations by breaching end-of-life appliances made by cybersecurity company SonicWall.
Wall Street Journal:
Sources: some Trump administration officials are holding up finalizing a deal for the UAE to buy Nvidia AI chips over concerns that China could access the chips  —  Some administration officials worry China could get access to advanced Nvidia chips and are holding up efforts to iron out the agreement
Sara Fischer / Axios:
Meta names long time executive Connor Hayes as head of Threads, starting in mid-September; Hayes joined Meta in 2011  —  Longtime Meta executive Connor Hayes has been named head of Threads, Axios has learned, marking a significant milestone for the two-year old product.
Parmy Olson / Bloomberg:
Big Tech's acquihires of AI startups, like Meta's $14.3B Scale AI deal, leaves investors with modest or no returns and may further entrench Big Tech's dominance  —  Meta and Google's AI talent grab may lead to more sustainable tech companies.  —  If you're a venture capitalist …
Yogita Khatri / The Block:
Decentralized messaging protocol XMTP developer Ephemera raised a $20M Series B at a $300M equity and $750M network valuation, following a $20M Series A in 2021  —  - XMTP developer Ephemera has raised $20 million Series B at a $300 million equity and $750 million network valuation, with USV's Fred Wilson joining its board.
More: Fortune and NFTgators
Sarah Perez / TechCrunch:
Jack Dorsey invests $10M in “and Other Stuff”, a nonprofit focused on funding open-source projects and tools built on open protocols like Nostr and ActivityPub  —  Twitter co-founder and Block CEO Jack Dorsey isn't just vibe-coding new social apps, like Bitchat and Sun Day …

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From Mediagazer

Ryan Glasspiegel / Front Office Sports:
Sources: the NFL and YouTube are in advanced talks for a five-game package; deal price and duration were not immediately known

Katie Robertson / New York Times:
Notus will rename itself The Star and relaunch in early June as it adds local news and sports coverage; source: Robert Allbritton will add ~$30M to its funding

David Folkenflik / NPR:
NPR receives two of its largest ever gifts: $80M for innovation in use of digital tech and $33M to build and buy tools to be shared with US public media orgs

More News

Aria Alamalhodaei / TechCrunch:
Hadrian, which is building largely automated factories to produce space and defense parts, raised a $260M Series C, bringing its total funding to ~$500M
Chainalysis:
In H1 2025, hackers stole $2.17B+ from crypto services, which includes North Korea's record $1.5B Bybit hack, surpassing all of 2024 and up 17% on H1 2022

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