Techmeme
July 23, 2025, 8:40 PM

Top News

Alphabet:
Alphabet reports Q2 revenue up 14% YoY to $96.43B, vs. $94B est., net income up 19% to $28.2B, operating income up 14% to $31.27B, and Services revenue up 12%  —  MOUNTAIN VIEW, Calif. - July 23, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended June 30, 2025.
Matthew Keys / TheDesk.net:
Alphabet reports YouTube's Q2 ad revenue rose 13% YoY to $9.8B, vs. $9.56B est., and Google's advertising revenue reached $71.3B, up from $64.6B a year ago  —  Key Points:  — YouTube ad revenue rose to $9.8 billion in Q2 2025, up 13% compared to Q2 2024.  — Alphabet's total revenue climbed 14% to $96.4 billion.
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  —  President Donald Trump signed executive orders to put in motion a new White House plan to boost artificial intelligence development …
More: The White House, The White House, The White House, AI.Gov, NPR, BBC, Associated Press, The Register, Washington Post, The Atlantic, TechCrunch, Wired, Engadget, The Verge, PitchBook, Deadline, Engadget, Anthropic, The White House, The White House, CIO Dive, Washington Times, Los Angeles Times, Benzinga, Biometric Update, Capital Brief, Deseret News, U.S. Chamber of Commerce, FedScoop, Fierce Network, Yahoo Finance, Fortune, Android Central, Gizmodo, Inc, The Boston Globe, implicator.ai, The Information, UPI, The Economic Times, Crypto Briefing, Bloomberg Law, Mashable, Mashable, Bloomberg Law, and DefenseScoop
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”  —  Federal government will only do business with tech companies whose models offer ‘objective truth’
Abner Li / 9to5Google:
Google adds new features to Google Photos, including a Veo 2-powered photo-to-video tool and a Remix tool that applies styles like anime and sketches to photos  —  Photo-to-video lets you take an existing still image in your library and transform it into a “dynamic” six-second clip …
Aisha Malik / TechCrunch:
Google DeepMind:
Google DeepMind unveils Aeneas, an AI model for contextualizing ancient Latin inscriptions, to help historians interpret, attribute, and restore text fragments  —  Introducing the first model for contextualizing ancient inscriptions, designed to help historians better interpret, attribute and restore fragmentary texts.
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 …
Muvija M / Reuters:
Natalie Lung / Bloomberg:
Uber plans to launch a pilot ride type that matches 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 …
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.”
IGN:
Circana: Nintendo Switch 2 is the fastest-selling video game device in US history, with 1.6M units sold in June, topping the PS4's 1.1M units in November 2013  —  1.6 million units were sold during its launch month in the U.S., and 82% of buyers also got Mario Kart World.
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.
Samantha Kelly / Bloomberg:
Apple launches AppleCare One, an insurance plan that covers 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.
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 …
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.
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 …
Ryan Gallagher / Bloomberg:
Eye Security: hackers have breached ~400 government agencies, corporations, and other groups via a Microsoft 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 …

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Clare Duffy / CNN:
Sergiu Gatlan / BleepingComputer: