Techmeme
July 18, 2025, 4:05 AM

Top News

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:
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.
Reece Rogers / Wired:
ChatGPT Agent uses a virtual browser to do tasks such as filling online forms and calling public APIs, and generates downloadable PowerPoint and Excel files  —  It's a PowerPoint generator!  It's a date-night planner!  It's ... another agent from OpenAI.  —  Isa Fulford, the research lead …
Forums: r/OpenAI
Dan Shipper / Every:
Financial Times:
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  —  The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known …
Lora Kolodny / CNBC:
Neuralink filed on April 24 as a “small disadvantaged business” that could give it preferential access to federal opportunities, before being valued at $9B  —  Elon Musk's health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing …
More: Musk WatchBluesky: @lorakMastodon: @WarnerCrocker@mastodon.socialLinkedIn: Lora KolodnyForums: r/EnoughMuskSpam
Bloomberg:
Sources: Meta hired AI researchers Mark Lee, from Apple's Foundation Models team, and Tom Gunter, who left Apple in June, for its superintelligence lab  —  Meta Platforms Inc. hired a pair of key artificial intelligence researchers who worked at Apple Inc., shortly after poaching their former boss from the iPhone maker.
Eric Slivka / MacRumors:
Apple sues Jon Prosser and Michael Ramacciotti over iOS 26 leaks, alleging a plot to access Apple employee's iPhone for trade secrets; Prosser denies the claim  —  Earlier this year, YouTuber Jon Prosser shared multiple videos showing off what he claimed to be re-created renderings …
Wall Street Journal:
Sources: the White House is preparing an EO requiring AI companies with federal contracts to be neutral and unbiased, to combat what officials see as “woke AI”  —  The order would be one of several expected to be released outlining the president's vision for winning the AI race with China
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 …
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.
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.
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.
Alex Heath / The Verge:
Wall Street Journal:
Tech execs and others detail the behind-the-scenes relationship between President Trump and Sam Altman, including how Altman quietly maneuvered around Elon Musk  —  With his rival out of the way, OpenAI's CEO has a clear path to press for company's goals; leaving the Democratic Party
Bloomberg Law:
A federal judge reinstates FTC Commissioner Rebecca Kelly Slaughter, months after President Trump sought to fire her and Democratic colleague Alvaro Bedoya  —  A federal judge reinstated FTC Commissioner Rebecca Kelly Slaughter in a Thursday ruling, months after President Donald Trump sought …

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More News

Aria Alamalhodaei / TechCrunch:
Michael Teo Van Runkle / Ars Technica:
Sara Fischer / Axios:

Earlier Picks

Blake Brittain / Reuters:
Jay Peters / The Verge:
Parmy Olson / Bloomberg: