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July 18, 2025, 11:00 AM
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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.
Osmond Chia / BBC:
Netflix used AI tools for the first time in one of its TV shows, for a VFX sequence; Ted Sarandos says 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.
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
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 …
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  —  The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known …
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
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 Watch and UPI
Bluesky: @calebecarma, @calebecarma, and @lorak.  Mastodon: @WarnerCrocker@mastodon.social.  LinkedIn: Lora Kolodny.  Forums: r/EnoughMuskSpam
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
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 Geller / Cybersecurity Dive:
Sources: the US State Department has effectively dismantled its three-year-old Bureau of Cyberspace and Digital Policy, firing between nine and 11 staffers  —  Departures and restructuring will make it harder for the agency to pursue global policies that strengthen its own critical infrastructure, experts said.
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

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This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, July 18, 2025.

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

New York Times:
Sources: Trump continues to push to replace the James S. Brady Press Briefing Room with a swimming pool, as the administration builds a buffer against the press

The Hollywood Reporter:
Sources: ex-Warner Bros. film heads Pamela Abdy and Michael De Luca are talking with Netflix for a film chief role but seek more theatrical release commitments

Jake Kanter / Deadline:
The BBC cancels The Catch Up, a nightly news bulletin launched in 2022 to “bring back” 16- to 24-year-old viewers, as part of the closure of BBC Three

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
Bloomberg Law:
A federal judge reinstates FTC Commissioner Rebecca Kelly Slaughter, months after President Trump sought to fire her and Democratic colleague Alvaro Bedoya

Earlier Picks

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
Financial Times:
Sources: Perplexity was valued at $18B in a reported $100M extension round; its annualized revenues jumped from $35M in August 2024 to $150M this month
Michael Teo Van Runkle / Ars Technica:
Apple CarPlay Ultra hands-on: currently exclusive to Aston Martin, enhances center console integration, works smoothly with driver assist systems, and more
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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