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Techmeme
July 18, 2025, 7:20 PM
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Top News

Bloomberg:
President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will “secure the dollar's status as the world's reserve currency”  —  President Donald Trump signed the first federal bill to regulate stablecoins, hailing it as a “giant step …
Washington Post:
Analysis: nearly 70 Trump administration officials and nominees held crypto or investments in blockchain or digital-asset firms at the time of their selection  —  Trump$51M  —  Data uses minimum assets values from nominee financial disclosures filed by July 9.
Gian Volpicelli / Bloomberg:
Joel Kaplan says Meta won't sign EU's AI code of practice, calling its guidelines overreach that will throttle development and deployment of AI models in Europe  —  Meta Platforms Inc. said it won't sign the code of practice for Europe's new set of laws governing artificial intelligence …
Jessica Lyons / The Register:
Google files a lawsuit in the US against 25 unnamed individuals in China, accusing them of operating the BadBox 2.0 botnet, compromising 10M+ devices worldwide  —  Ads giant complains of damage to its reputation and finances ... and crime, too  —  Google has filed a lawsuit …
Osmond Chia / BBC:
Ted Sarandos says The Eternaut featured the first GenAI final footage in a Netflix original and that the VFX costs would have been too high otherwise  —  Netflix says it has used visual effects created by generative artificial intelligence (AI) in one of its original TV shows for the first time.
Eric Slivka / MacRumors:
Apple sues YouTuber Jon Prosser and an Apple staffer's friend over iOS 26 leaks, for allegedly accessing the staffer's iPhone; Prosser denies the claim  —  Earlier this year, YouTuber Jon Prosser shared multiple videos showing off what he claimed to be re-created renderings of what was then presumed …
Zac Bowden / Windows Central:
Microsoft shuts down the Movies & TV storefront on the Microsoft Store on Windows and Xbox; users will continue to be able to access their past purchases  —  After 12 years, Microsoft is shutting down its storefront that let Windows and Xbox users buy or rent Movies & TV shows natively on the platform.
Eleanor Hawkins / Axios:
Source: the CEO and the chief people officer of Astronomer were put on leave after a video of them cuddling on a kiss cam at a Coldplay concert went viral  —  Astronomer — the software company that made headlines after a video of its CEO Andy Byron and chief people officer Kristin Cabot canoodling …
Sabrina Ortiz / ZDNET:
Adobe updates its Firefly video model and adds a beta Generate Sound Effects tool that can create custom sounds from text prompts and the user's voice  —  Just a year and a half ago, the latest and greatest of Adobe's Firefly generative AI offerings involved producing high-quality images …
Eugene Kim / Business Insider:
Ring reinstated its mission to “make neighborhoods safer” and reintroduced video sharing with police in April, as its founder led an overhaul since his return  —  - Ring founder Jamie Siminoff has led a broad overhaul of the company since his return in April.
Reuters:
Source: Blackstone has withdrawn from the consortium led by Susquehanna and General Atlantic seeking to invest in TikTok US, after considering a minority stake  —  Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok's U.S. operations, a source familiar with the matter told Reuters on Friday.

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Rajeev Syal / The Guardian:
A UK jury convicts two Iranians of assisting Iranian intelligence in a plan to “eliminate” journalists at London-based Persian broadcaster Iran International

Ashley Carman / Bloomberg:
Bill Simmons and Spotify canceled a ChatGPT partnership after audience backlash; Ringer hosts Sean Fennessey and Amanda Dobbins had voiced unease on air

Brian Steinberg / Variety:
Source: NBC News will stop airing one hour of primetime programming on the NBC News Now streaming service, eliminating the Stay Tuned show and a handful of jobs

More News

Sidhartha Shukla / Bloomberg:
Total crypto market value surpassed $4T for the first time, driven by altcoin rallies and US legislative momentum; Ether jumped 22% over the past five days

Earlier Picks

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
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
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
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
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