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August 19, 2025, 10:40 AM
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Kanishka Singh / Reuters:
US Director of National Intelligence Tulsi Gabbard says the UK has dropped its mandate requiring Apple to provide a backdoor for accessing users' encrypted data  —  U.S. Director of National Intelligence Tulsi Gabbard said on Monday the UK had agreed to drop its mandate for iPhone maker Apple …
Kif Leswing / CNBC:
SoftBank agrees to invest $2B in Intel, buying ~2% of Intel's outstanding shares for $23 per share, becoming Intel's fifth-biggest shareholder; INTC jumps 5%+  —  Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker.
Financial Times:
Sources: Masayoshi Son met Lip-Bu Tan to discuss SoftBank acquiring Intel's faltering foundry business in the weeks before announcing SoftBank's $2B investment  —  Japanese group's approach comes as US manufacturer struggles to attract customers and compete with rival TSMC
Bloomberg:
Sources: the Trump administration is in discussions to take a stake of ~10% in Intel, converting some or all of Intel's $10.9B CHIPS Act grants into equity
Kashish Tandon / Reuters:
OpenAI launches ChatGPT Go, a new India-only plan priced at Rs. 399, or ~$4.57, per month, its most affordable yet, to grow users in its second-largest market  —  ChatGPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees ($4.57) per month …
Sheryl Estrada / Fortune:
An MIT report finds that 95% of GenAI pilots at companies have little to no financial impact, due to the “learning gap” for both the tools and the companies  —  Good morning.  Companies are betting on AI—yet nearly all enterprise pilots are stuck at the starting line.
Carl Franzen / VentureBeat:
Nvidia debuts Nemotron-Nano-9B-v2, a hybrid Mamba-Transformer model, saying it achieves comparable or better accuracies than Qwen3-8B on reasoning benchmarks  —  Small models are having a moment.  On the heels of the release of a new AI vision model small enough to fit on a smartwatch …
Devindra Hardawar / Engadget:
Nvidia plans to roll out RTX 5080-class performance to GeForce Now in September, letting users of its $20-per-month Ultimate tier stream in up to 5K at 120fps
Reuters:
Sources: Nvidia is developing a new Blackwell-based AI chip for China, tentatively known as the B30A, that will be more powerful than its H20 model for China  —  Nvidia (NVDA.O) is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful …
Jon Brodkin / Ars Technica:
A US federal appeals court rejects T-Mobile's bid to overturn a $92M fine for illegally selling customer location data without consent, after a 2024 FCC ruling  —  A federal appeals court rejected T-Mobile's attempt to overturn $92 million in fines for selling customer location information to third-party firms.
Bloomberg:
Sources: Apple is making all four iPhone 17 models in India ahead of debut, a first, as it expands to five factories to cut reliance on China for US-bound units  —  Apple Inc. is expanding iPhone production in India at five factories, including a pair of recently opened plants …
Arasu Kannagi Basil / Reuters:
Blockchain-based lender Figure files for a US IPO, reporting H1 2025 revenue up 22% YoY to $191M and a $29M net income, compared with a $13M net loss in H1 2024  —  Figure Technology Solutions' revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday …
Jody Godoy / Reuters:
The US FTC sues Key Investment Group, operator of sites like TotalTickets.com, for skirting ticket limits to buy up and resell live event tickets at a markup  —  The U.S. Federal Trade Commission sued ticket reseller Key Investment Group for evading purchasing limits to buy up thousands …

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This is a Techmeme archive page. It shows how the site appeared at 10:40 AM ET, August 19, 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

Ben Johansen / Politico:
USAGM offers employees a chance to leave via a deferred resignation program, as a judge weighs the legality of earlier efforts to lay off most of the staff

John Koblin / New York Times:
Nielsen: ~32.6M viewers watched Trump's State of the Union address, not including people who watched via streaming; Fox News led with 9M+ viewers

Jennifer Maas / Variety:
Starz reports Q4 revenue fell to $322.8M vs. $344.5M a year ago, net loss narrowed to $20.7M vs. $31.8M a year ago, and US streaming subs hit 12.7M, up 370K QoQ

More News

Kia Kokalitcheva / PitchBook:
American Exceptionalism Acquisition, a SPAC led by Chamath Palihapitiya and focused on energy, AI, DeFi, and defense, files for a US IPO, seeking to raise $250M

Earlier Picks

Rebecca Bellan / TechCrunch:
Texas AG Ken Paxton probes Meta and Character.AI over claims they deceptively market chatbots as mental health tools, misleading kids and other vulnerable users
Ben Bergman / Business Insider:
Sources: Anthropic asked that Menlo Ventures use its own capital to invest in the startup and not a special purpose vehicle, as Menlo did in a previous round
Himanshi Akhand / Reuters:
Australia's ACCC says Google agreed to pay a AU$55M fine over deals with Telstra and Optus to preinstall only Google Search on Android phones from 2019 to 2021
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