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July 23, 2025, 5:00 PM
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Top News

Alphabet:
Alphabet reports Q2 revenue up 14% YoY to $96.43B, net income up 19% to $28.2B, operating income up 14% to $31.27B, and Services revenue up 12% to $82.5B  —  MOUNTAIN VIEW, Calif. - July 23, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2025.
Bloomberg:
The White House unveils the AI Action Plan, seeking to have tech dominance over China, including proposals to revamp permitting for AI infrastructure projects  —  The Trump administration called for boosting artificial intelligence development in the US by loosening regulations …
Kate Knibbs / Wired:
President Trump's AI Action Plan, which has 90+ policy recommendations, explicitly seeks to roll back Biden-era measures on AI bias and cybersecurity threats  —  The Trump administration's new AI policy blueprint calls for limited regulation and lots of leeway for Big Tech to grow even bigger.
Financial Times:
The Trump administration plans to vet AI models for “ideological bias” and limit government contracts to tech companies whose models offer “objective truth”
Google DeepMind:
Google DeepMind unveils Aeneas, an AI model for contextualizing ancient Latin inscriptions, to help historians interpret and restore fragmentary texts  —  Introducing the first model for contextualizing ancient inscriptions, designed to help historians better interpret, attribute and restore fragmentary texts.
Muvija M / Reuters:
The UK CMA proposes giving Apple and Google “strategic market status” in mobile platforms after an investigation and finds “opportunities for more innovation”  —  Britain's competition regulator said it plans to designate Apple (AAPL.O) and Google (GOOGL.O) …
Hugh Son / CNBC:
Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform  —  Goldman Sachs and Bank of New York Mellon are set to announce that they've created the ability for institutional investors …
Ivan Mehta / TechCrunch:
PayPal unveils PayPal World, a platform set to launch in fall 2025 to simplify cross-border payments via Venmo, India's UPI, Tencent's Tenpay, and Mercado Pago  —  PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier.
Zach Vallese / CNBC:
Meta introduces new safety features for teens, including enhanced DM protections, and removed 600K+ Instagram and Facebook accounts linked to predatory behavior  —  Meta on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent “exploitative content.”
Natalie Lung / Bloomberg:
Uber plans to launch a pilot ride type to match female riders and drivers in LA, San Francisco, and Detroit over the next few weeks, called “Women Drivers”  —  Uber Technologies Inc. is piloting a new ride type in the US that will match female riders and drivers …
Aisha Malik / TechCrunch:
YouTube gives Shorts creators access to new generative AI features powered by Veo 2, including an image-to-video tool and new effects  —  YouTube announced on Wednesday that it's giving Shorts creators access to new generative AI features, including an image-to-video AI tool and new AI effects.
Joseph Cox / 404 Media:
A hacker claims to have compromised Amazon's Q coding assistant for VS Code via a GitHub pull request; Amazon says “no customer resources were impacted”  —  A hacker compromised a version of Amazon's popular AI coding assistant ‘Q’, added commands that told the software to wipe users' computers …
Bill Toulas / BleepingComputer:
Ukraine arrests the suspected administrator of Russian-speaking hacking forum XSS.is at the Paris public prosecutor's request, with help from France and Europol  —  The suspected administrator of the Russian-speaking hacking forum XSS.is was arrested by the Ukrainian authorities yesterday …
Samantha Kelly / Bloomberg:
Apple launches AppleCare One, an insurance plan covering up to three devices for $20 per month, including battery replacements, accidental damage, and more  —  Apple Inc. is launching a new product-insurance plan that bundles coverage for as many as three devices, part of a broader effort to drum up subscription revenue.
Cade Metz / New York Times:
Meta debuts a prototype wristband to read electrical signals from forearm muscles, letting users control devices without touch, trained on 10K peoples' EMG data  —  When you write your name in the air, you can see the letters appear on your smartphone.  —  The prototype looks like a giant rectangular wristwatch.
Clare Duffy / CNN:
In an interview at the Federal Reserve, Sam Altman warns of an impending “fraud crisis” because of how AI could enable bad actors to impersonate other people  —  New York CNN —  —  OpenAI CEO Sam Altman says the world may be on the precipice of a “fraud crisis” …
Ryan Gallagher / Bloomberg:
Eye Security: hackers have breached ~400 government agencies, corporations, and other groups via the SharePoint flaw, up from an estimated 60 on July 22  —  The number of companies and organizations compromised by a security vulnerability in Microsoft Corp.'s SharePoint servers is increasing rapidly …
Sergiu Gatlan / BleepingComputer:
Microsoft says it “has observed two named Chinese nation-state actors, Linen Typhoon and Violet Typhoon exploiting” the SharePoint zero-day vulnerabilities  —  Several hacking groups with ties to the Chinese government have been linked to a recent wave of widespread attacks targeting …
Ari Natter / Bloomberg:
Source: the US National Nuclear Security Administration was among those breached by a hack of SharePoint; no sensitive information is known to be compromised
Anthropic:
Anthropic and other researchers detail “subliminal learning”, where LLMs learn traits from model-generated data that is semantically unrelated to those traits  —  We study subliminal learning, a surprising phenomenon where language models learn traits from model-generated data that is semantically unrelated to those traits.

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From Mediagazer

Swati Pandey / Bloomberg:
President Trump says he would support the FCC revoking NBC and ABC's station licenses and calls them “two of the worst and most biased networks in history”

Max Tani / Semafor:
Vanity Fair Global Editorial Director Mark Guiducci begins a significant restructuring, closing verticals and laying off veteran film and entertainment writers

Brian Lowry / The Wrap:
The Atlantic CEO Nicholas Thompson says the magazine is profitable, with 1.3M subscribers paying an average of $80 annually; 500,000 of those pay $90 for print

More News

Chris Welch / Bloomberg:
Sonos names interim CEO Tom Conrad as CEO, effective immediately, as it works to restore confidence after its app disaster; Conrad took the job in January 2025
Emma Roth / The Verge:
Proton launches Lumo, an AI chatbot to summarize documents, generate code, and more and says it will protect users' information via “zero-access” encryption

Earlier Picks

Stephen Nellis / Reuters:
xLight, which is developing a new class of laser for EUV machines in partnership with ASML, raised a $40M Series B led by Playground Global
Zac Bowden / Windows Central:
Microsoft launches the 13.8-inch Surface Laptop 5G for business customers, featuring Intel Core Ultra series 2 processors, shipping on August 26 for $1,799+
Mistral AI:
Mistral releases a study on the environmental impact of its LLMs, conducting what it claims is the first comprehensive lifecycle analysis of an AI model
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