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September 22, 2025, 11:50 AM
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Top News

Brody Ford / Bloomberg:
Oracle promotes Clay Magouyrk and Mike Sicilia to co-CEOs, replacing Safra Catz; Magouyrk previously led Cloud Infrastructure, and Sicilia led Oracle Industries  —  Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company's focus …
Ellen O'Regan / Politico:
The European Commission considers simplifying the 2009 rule that plastered the internet with cookie consent banners, as it seeks to reduce regulatory burdens  —  In a bid to slash red tape, the European Commission wants to eliminate one of its peskiest laws: a 2009 tech rule that plastered …
Axios:
White House says TikTok's new US entity would lease a copy of ByteDance's algorithm, which Oracle would retrain; US users wouldn't need to re-download the app  —  TikTok's new U.S. entity would lease its algorithm from Chinese owner ByteDance under the terms of a proposed deal between the U.S. and China …
Bloomberg:
A White House official says the US will not hold a golden share or equity in TikTok US and the new board will not have a member selected by the US government  —  The US will not hold a golden share or equity position in a new entity that will control TikTok's American operations …
Manish Singh / India Dispatch:
The $100K+ H-1B fee could accelerate offshoring as tech companies route work to India and other countries rather than bringing engineers to the US  —  The U.S. will charge companies $100,000 for each new foreign tech worker under an initiative officials call Project Firewall …
Digiday:
The US v. Google ad tech trial, in which a judge ruled that the company illegally monopolized the digital ad market, begins its remedies phase  —  The ad tech trial many thought would go nowhere has done the unthinkable: it delivered.  Judge Leonie Brinkema ruled that Google illegally monopolized …
Agnee Ghosh / Bloomberg:
Scale AI launches SEAL Showdown, a public AI benchmarking system that relies on votes from contributors in 100+ countries to gauge everyday usability of models  —  Data-labeling startup Scale AI is launching a new public benchmarking system to rank the best-performing artificial intelligence models …

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From Mediagazer

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca

Lucas Manfredi / The Wrap:
Fubo and NBCUniversal reach a deal ending a months-long blackout, with NBCU's Spanish-language networks available Wednesday, English-language networks later

More News

Jagmeet Singh / TechCrunch:
UK-based Tide, a neobank used by 1.6M micro and small enterprises, half of them in India, raised $120M led by TPG at a $1.5B valuation
CoinDesk:
In an interview, Brian Armstrong says Coinbase plans to become a financial super app that integrates its crypto offering with traditional banking services
Vitalik Buterin / Vitalik Buterin's website:
Ethereum's “low-risk DeFi” applications like payments and savings could drive the chain's revenue in a similar way that search and ads sustain Google's business

Earlier Picks

Reuters:
A look at life in online scam compounds run by Chinese gangs on the Myanmar-Thai border, with purported Thai immigration officials luring trafficking victims
Nikita Ostrovsky / Time:
UK-based startup Mantic ranked #8 in the Metaculus forecasting cup that asks entrants to predict 60 geopolitical events, the first time an AI made the top 10
Elizabeth Chamberlain / iFixit News:
iPhone Air teardown: clever use of space by placing the logic board above the 12.26 Wh battery, the same cell used in Apple's MagSafe Battery pack, and more
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