Techmeme
July 30, 2025, 1:45 PM

Top News

Mark Zuckerberg / Meta:
Zuckerberg says superintelligence is in sight, and, when personal superintelligence comes, context-aware devices like glasses will become our primary computers  —  Over the last few months we have begun to see glimpses of our AI systems improving themselves.  The improvement is slow for now, but undeniable.
Bloomberg:
Palo Alto Networks has agreed to buy CyberArk Software in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25B  —  Palo Alto Networks Inc. agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion.
Elvira Pollina / Reuters:
Italy opens a probe into Meta, says it may have violated EU competition rules by integrating its Meta AI assistant into WhatsApp without user consent  —  Italy's antitrust authority said on Wednesday it had launched an investigation into Meta Platforms (META.O) over allegations the company abused …
Alexandra Bruell / Wall Street Journal:
Sources: Amazon is paying $20M to $25M a year to use NYT's editorial content in a multi-year deal for its AI platforms, which is ~1% of NYT's total 2024 revenue  —  The multiyear deal lets Amazon use content from the Times's news and cooking sections and the Athletic
Alice Hancock / Financial Times:
Google says it will sign the EU's AI Code of Practice, in a boost to EU's efforts to regulate AI in the face of opposition from Meta and pressure from the US  —  Move set to boost efforts to regulate artificial intelligence in face of opposition from Meta and pressure from US
Chance Miller / 9to5Mac:
Apple responds to the DOJ's antitrust lawsuit from March 2024, saying it sets “a dangerous precedent” and “threatens the very principles that set iPhone apart”  —  The US Department of Justice formally sued Apple in March 2024, accusing the company of having a “smartphone monopoly.”
Paige Smith / Bloomberg:
JPMorgan Chase and Coinbase signed a deal to directly link customers' bank accounts to their cryptocurrency wallets, with the feature expected to launch in 2026  —  JPMorgan Chase & Co. and Coinbase Global Inc. signed an agreement to directly link customers' bank accounts to their cryptocurrency wallets …
Taylor Lorenz / User Mag:
Substack apologizes after sending a push alert encouraging some users to subscribe to NatSocToday, a Nazi newsletter advocating for a “White homeland”  —  The alert contained a swastika and prompted users to subscribe to newsletter featuring opinions and news important to the “white nationalist community.”
Jay Peters / The Verge:
Belle Lin / Wall Street Journal:
Ramp raised a $500M Series E-2 led by Iconiq Growth at a $22.5B valuation, says it has 40,000+ businesses as clients, with $700M in annualized revenue in March  —  Startup raises $500 million to further develop AI-based agents, CEO says  —  Ramp, a startup that uses artificial intelligence …
Zixu Wang / New York Times:
How Meituan used Hong Kong as a trial market for global food delivery expansion, with its Keeta service driving out Deliveroo before moving to Saudi Arabia  —  Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
Stefanno Sulaiman / Reuters:
Indonesia raises taxes on crypto sellers, from 0.1% to 0.21% in domestic exchanges, and from 0.2% to 1% in overseas exchanges, but removes VAT on buyers  —  Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1 …
Lucia Moses / Business Insider:
Showrunner, an Amazon-backed AI streaming service, launches Thursday, letting users paying $10-$40/mo. to create their own animated shows or build on others' IP  —  - Fable Studio has gotten funding from Amazon for its AI streaming platform, Showrunner.  — It shared a deck that explains …
Bloomberg:
A look at Russia's coordinated crackdown on foreign tech services and shift to state-backed alternatives, as it names VK's Max its national messaging app  —  A coordinated effort is underway to crack down on foreign tech services and build up domestic options controlled by the government.
Amrith Ramkumar / Wall Street Journal:
Sources: the US Commerce Department is discussing charging patent holders 1%-5% of their patent value, a radical move likely to spark pushback from businesses  —  Commerce Department officials discuss new fee based on patent value, which could fuel backlash from businesses
André Beganski / Decrypt:
The US SEC approves in-kind creations and redemptions for crypto ETFs, allowing institutional investors to exchange ETF shares for the underlying BTC or ETH  —  The SEC has approved in-kind redemptions for crypto ETFs, enabling a feature sought by Bitcoin and Ethereum fund issuers.

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More News

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Earlier Picks

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Bloomberg:
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