<html> <head> <meta name="viewport" content="width=device-width,initial-scale=1.0"> <style> a { text-decoration:none; } .uppercase { text-transform:uppercase; } .page { font-family:Optima, Helvetica, sans-serif; width:620px; margin:0 auto; background-color:white; font-size:16px; } .page table { border-collapse:collapse; } .header a, .header a:hover, .header a:visited { color:#606060; } .section { margin-top:12px; } .first_section { margin-top:4px; } .first_in_section { border-top:none !important; } .story .leading_item .title { font-size:18px; } .big_story .leading_item .title { font-size:24px; } .clustered_items .title { font-size:18px; } .title a { color:#004860; font-weight:bold; } .excerpt { color:black; font-size:16px; } .cite { color:#888; display:inline-block; white-space: nowrap; } a.tweet_cite:link, a.tweet_cite:visited, a.fb_item_cite:link, a.fb_item_cite:visited { color:black; } a.tweet_body:link, a.tweet_body:visited, a.fb_item_body:link, a.fb_item_body:visited { color:black; } .tweet, .fb_item { padding:1px 0; } .fb_item_image { width:12px; } .tweet_image { width:12px; } .logo { display:block; background:url(https://www.techmeme.com/img/techmeme34.png); background-size: cover; height:34px; width:142px; } .logo_img { height:34px; width:142px; } .sponsor .label { display:block; color:#686860; font-size:12px; font-weight:bold; padding:2px 0; } .event a:link, .event a:visited { color:#004860; } .banner { margin-bottom:12px; padding:20px 10px; background-color:#ffd700; text-align:center; font-size:26px; color:red; } .mcnPreviewText{display: none !important;} @media only screen and (max-width: 480px) { body, .page { width:100% !important; -webkit-text-size-adjust:none !important; } .MC_links { font-size:14px !important; padding-bottom:10px !important; } .page_date { font-size:18px !important; } .narrow_image { display:none !important; } .section { margin-top:16px !important; } .first_section { margin-top:6px !important; } .story, .big_story { padding: 12px 0 !important; border-top:1px solid silver !important; } .first_in_section { border-top:none !important; } .logo { background:url(https://www.techmeme.com/img/techmeme135.png) !important; background-size: cover !important; height:38px !important; width:160px !important; } .logo_img { height:38px !important; width:160px !important; } .tweet_image, .fb_item_image { width: 12px !important; } .events { padding:12px 10px !important; } .sponsor_image { max-width: 100px; } .presented_by { padding:2px 0 10px !important; } } </style> <!--[if gte mso 9]> <style type="text/css"> .clustered_items td { padding-left:38px !important; } </style> <![endif]--> </head> <body> <!-- --> <!--[if !gte mso 9]><!----><span class="mcnPreview Text" style="display:none; font-size:0px; line-height:0px; max-height:0px; max-width:0px; opacity:0; overflow:hidden; visibility:hidden; mso-hide:all;">The White House unveils the AI Action Plan, seeking to have tech dominance over China, including proposals to revamp permitting for AI infrastructure </span><!--<![endif]--> <!-- --> <div class="page" style="font-family: Optima, Helvetica, sans-serif;width: 620px;margin: 0 auto;background-color: white;font-size: 16px;"> <div class="header"> <table style="width: 100%;margin-bottom: 8px;border-collapse: collapse;"> <tr> <td class="MC_links" colspan="2" style="font-size:13px;text-align:center;padding:2px 0 8px;color:#606060"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=eb7044a167&e=06cea4a9e4" style="text-decoration: none;color: #606060;">Got this from a friend? Subscribe!</a> | <a href="https://us14.forward-to-friend.com/forward?u=94ccd3ae223561415b05892ab&id=79f22f71c3&e=06cea4a9e4" style="text-decoration: none;color: #606060;">Forward</a> | <a href="https://us14.campaign-archive.com/?e=06cea4a9e4&u=94ccd3ae223561415b05892ab&id=79f22f71c3" style="text-decoration: none;color: #606060;">View in browser</a> </td> </tr> <tr> <td style="vertical-align:middle;padding-left:10px;min-height:38px;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8e69808188&e=06cea4a9e4" style="text-decoration: none;color: #606060;"> <!-- <span class="logo"></span> --> <img class="logo_img" src="https://www.techmeme.com/img/techmeme135.png" width="142" height="34" style="height: 34px;width: 142px;"> </a> </td> <td class="page_date" style="vertical-align:middle;text-align:right;color:#004860;font-weight:700;padding-right:10px">Wed, Jul 23</td> </tr> </table> </div> <div style="width:100%;border:1px solid lightgray;padding:5px 0;background-color:white;margin:0 auto 10px;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td colspan="2"> <div class="presented_by" style="text-align:center;width:100%;letter-spacing:2px;text-transform:uppercase;font-size:14px;padding:2px 0 4px;"> Presented by Google </div> </td> </tr> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cb3bfdafff&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Generate videos with Veo 3 in Google Gemini</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.</span> </td> <td style="padding:0 15px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b8a52bae04&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/gemini_264px.png"> </a> </td> </tr> </table> </div> <!-- <div class="banner"> YOUR AD HERE </div> --> <table class="events" style="width: 100%;background-color: #f4f4f4;border-top: 1px solid lightgray;border-bottom: 1px solid lightgray;border-collapse: collapse;"> <tr><td style="padding:14px 10px;"> <span style="color:#455;font-weight:bold;">Tomorrow's events: </span> <span class="event"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9755e1bf42&e=06cea4a9e4" style="text-decoration: none;color: #004860;">Earnings: INTC, MBLY</a></span> </td></tr> </table> <div class="first_section" style="margin-top: 4px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> top news </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_story first_in_section big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=71b7ca92df&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The White House unveils the AI Action Plan, seeking to have tech dominance over China, including proposals to revamp permitting for AI infrastructure projects</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250723/i24.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">President Donald Trump signed executive orders to put in motion a new White House plan … </span> <span class="cite">(Bloomberg)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=228fca6e41&e=06cea4a9e4" style="text-decoration: none;color: black;">@andrewarruda:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3593e198f0&e=06cea4a9e4" style="text-decoration: none;color: black;">Very clear. Training AI falls under fair use. “...Of course, you can't copy or plagiarize an article, but if you read an article and learn from it, we have to allow AI to use that pool of knowledge without going through the complexity of contract negotiations” - @POTUS 🇺🇸 [video]</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0903b75875&e=06cea4a9e4" style="text-decoration: none;color: black;">@rapidresponse47:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5190699641&e=06cea4a9e4" style="text-decoration: none;color: black;">President Trump signs three executive orders on AI: — Accelerating permitting to build data center infrastructure — Promoting the export of American AI models abroad — Protecting Americans from woke AI models driven by Radical Left ideology at the expense of accuracy [video]</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1ab4792c7f&e=06cea4a9e4" style="text-decoration: none;color: black;">@garymarcus:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=62e23c66c8&e=06cea4a9e4" style="text-decoration: none;color: black;">⚠️⚠️⚠️⚠️⚠️ The Trump administration is literally taking THE worst page from China's AI playbook. This is really really bad. 1984 but automated. ⚠️⚠️⚠️⚠️⚠️ [image]</a> </div> </td></tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=58d0ace51e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The Trump administration plans to vet AI models for “ideological bias” and limit government contracts to tech companies whose models offer “objective truth”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1781902bcf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The new AI Action Plan, which includes some 90 recommendations, aims to loosen environmental rules and vastly expand AI software and hardware exports to allies</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=a1ca5447bf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Analysis: in H1 2025, 500+ orgs lobbied the White House and Congress on AI, on par with H1 2024 but up ~2x since 2023; OpenAI spent $1.8M, up from $380K in 2023</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c2bcec6e41&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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%</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Alphabet</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250723/i31.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">MOUNTAIN VIEW, Calif. - July 23, 2025 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) … </span> <span class="cite">(Alphabet)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cb0e3cb454&e=06cea4a9e4" style="text-decoration: none;color: black;">@munster_gene:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bb70467b02&e=06cea4a9e4" style="text-decoration: none;color: black;">GOOG: Stock is up 3% in after-hours and likely going higher. ➡️ This was the quarter we should have seen a fractional crack in Search. ➡️ The reason is over the past three months, daily active ChatGPT users jumped from around 350M to around 500M. ➡️ With that engagement headwind, Search still grew 11%, better than the 10% growth in March. ➡️ Paid clicks were up 4% YoY. $GOOG</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=96e6d2cb09&e=06cea4a9e4" style="text-decoration: none;color: black;">@byrnehobart:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=0468e71bdf&e=06cea4a9e4" style="text-decoration: none;color: black;">Google processes 980tr tokens per month. At the price per token GPT-3 charged at launch, this would cost ~$70bn/month, or over 2x Google's monthly revenue, for much lower-quality outputs. LLM deflation is happening fast!</a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=aa6b5245b6&e=06cea4a9e4" style="text-decoration: none;color: black;">@richlightshed:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=69fca4cb49&e=06cea4a9e4" style="text-decoration: none;color: black;">Google's @sundarpichai on Q2 '25 call says: “AI overviews driving 10% more queries globally for the types of queries that show them” Not sure we understand this — how does a user know they are going to get an AI overview from a query? $GOOGL </a> </div> </td></tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1ea83fed7e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Matthew Keys / </span><span class="pub_name">TheDesk.net</span>)</span> </li> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=32767e2a0c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Alphabet reports Google Cloud Q2 revenue up 32% YoY to $13.62B, vs. $13.11B est., and raises its 2025 capex forecast to $85B, after in February projecting $75B</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jennifer Elias / </span><span class="pub_name">CNBC</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;background-color:#f4f4f4;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7a4b3be68f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The #1 Coding Agent</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — #1 on Terminal-Bench. 71% on SWE-bench Verified. Trusted by 600K+ devs. Try the top agentic dev tool for $1 for 1st month with code TECHMEME.</span> </td> <td style="padding:0 20px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5bf140c700&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/warp.png"> </a> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="big_story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:top;"> <span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=580a1832cc&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The UK CMA proposes giving Apple and Google “strategic market status” in mobile platforms after its investigation identifies “opportunities for more innovation”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Muvija M / </span><span class="pub_name">Reuters</span>)</span> </td> <td style="padding: 0 10px;vertical-align:top;"> <div class="narrow_image" style="position:relative;"> <img src="https://www.techmeme.com/250723/i12.jpg"> </div> </td> </tr> <!-- <tr> <td colspan="2" style="padding:5px 10px 0;"> <span class="excerpt">Britain's competition regulator said it plans to designate Apple … </span> <span class="cite">(Muvija M / Reuters)</span> </td> </tr> --> </table> <table style="border-collapse: collapse;"> <tr><td style="padding:5px 10px 3px;"> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ebedfa2476&e=06cea4a9e4" style="text-decoration: none;color: black;">@lindahgriffin:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=bee5e18f8c&e=06cea4a9e4" style="text-decoration: none;color: black;">We've written to the UK government explaining why the CMA's action in mobile ecosystems today is a key step towards giving people genuine choice online and driving economic growth. This is a one-in-a-generation opportunity. Let's seize it. </a> </div> <div class="tweet" style="padding: 1px 0;"> <img class="tweet_image" width="12" src="https://techmeme.com/img/twitter_x.png" style="width: 12px;"> <a class="tweet_cite" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b2dc354c82&e=06cea4a9e4" style="text-decoration: none;color: black;">@timsweeneyepic:</a> <a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=873ea6c3c3&e=06cea4a9e4" style="text-decoration: none;color: black;">A surprisingly weak roadmap from the CMA, the British competition regulator. The monopolized UK app store economy has all of the vibrancy of a Soviet supermarket, and consideration of unblocking competing app stores is delayed to 2026. </a> </div> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9da174fef8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Gallagher / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=04284c138d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta debuts a prototype wristband to read electrical signals from forearm muscles, letting users control devices without touch, trained on 10K peoples' EMG data</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Cade Metz / </span><span class="pub_name">New York Times</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1984d7c55a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Goldman Sachs and BNY partner to let institutional investors purchase tokenized money market funds, with ownership recorded on Goldman's blockchain platform</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Hugh Son / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b92b137609&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple launches AppleCare One, an insurance plan that covers up to three devices for $20 per month, including battery replacements, accidental damage, and more</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Samantha Kelly / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=246d2b013a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Meta introduces new safety features for teens, including enhanced DM protections, and removed 600K+ Instagram and Facebook accounts linked to predatory behavior</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zach Vallese / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=81f07e41a9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Clare Duffy / </span><span class="pub_name">CNN</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=df21c8acca&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The UK partners with Deliveroo, Just Eat, and Uber Eats to curb illegal food delivery work, share more data, and combat a secondary market in rider accounts</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=068c6ec5e1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ivan Mehta / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> earnings </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=997a52128b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">IBM reports Q2 revenue up 8% YoY to $16.98B, vs. $16.59B est., and software revenue up 10% YoY to $7.39B, vs. $7.49B est.; IBM drops 5%+ after hours</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Brody Ford / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9021dc71f3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est., and expects sustained HBM demand in 2025</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Dylan Butts / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> artificial intelligence </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=b9467a7542&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">YouTube gives Shorts creators access to new generative AI features powered by Veo 2, such as new AI effects and a tool that turns photos into six-second videos</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Aisha Malik / </span><span class="pub_name">TechCrunch</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7f3842232f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Abner Li / </span><span class="pub_name">9to5Google</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1255d1802e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Amazon shuts down its AWS Shanghai AI research lab, following similar moves by Microsoft, IBM, and other US tech companies to scale back China-based R&D efforts</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </td> </tr> </table> <table class="clustered_items" style="border-collapse: collapse;"> <tr><td style="padding:0px 10px 0 32px;"> <ul style="padding:0px 10px 0px 0px;"> <li class="sub_item" style="margin:10px 0 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8188ab282f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: McKinsey has stopped its China business from undertaking consultancy work related to generative AI, a move prompted by Washington's growing scrutiny</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span> </li> </ul> </td></tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=06af007620&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Alibaba releases its new Qwen3-235B-A22B-Instruct-2507 model on Hugging Face, improving on Qwen 3's reasoning, accuracy, and multilingual understanding</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Carl Franzen / </span><span class="pub_name">VentureBeat</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7877ae3bb5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Proton launches Lumo, an AI chatbot to summarize documents, generate code, and more and says it will protect users' information via “zero-access” encryption</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Emma Roth / </span><span class="pub_name">The Verge</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=9875854ef3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google DeepMind unveils Aeneas, an AI model for contextualizing ancient Latin inscriptions, to help historians interpret, attribute, and restore text fragments</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Google DeepMind</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=db4ae22324&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">OpenAI details how its tools have boosted US worker productivity and says its chief economist is leading a 12-month study to assess AI's impact on productivity</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">OpenAI</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=21b7dc425c&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">PitchBook: in H1, AI startups raised $104.3B in the US, or ~66% of all US VC funding, up from 49% last year, and there were 281 VC-backed exits totaling $36B</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">MacKenzie Sigalos / </span><span class="pub_name">CNBC</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> infosec </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8c66b3cf10&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Joseph Cox / </span><span class="pub_name">404 Media</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4109d226cf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Bill Toulas / </span><span class="pub_name">BleepingComputer</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> personnel changes </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=cb9da4e0d8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Chris Welch / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=fd4c4f26c9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Walmart hires Instacart CPO Daniel Danker as head of global AI acceleration, product, and design, starting next month and reporting to CEO Doug McMillon</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wall Street Journal</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> funding deals </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=616c2716ac&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Compliance tech startup Vanta raised a $150M Series D led by Wellington Management at a $4.15B valuation, up from $2.45B after raising $150M in July 2024</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Paayal Zaveri / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8539fa486a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Xelix, which uses AI to automate businesses' accounts payable workflows by connecting with ERP systems, raised a $160M Series B led by Insight Partners</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Ryan Lawler / </span><span class="pub_name">Axios</span>)</span> </td> </tr> </table> </div> </div> <div class="section" style="margin-top: 12px;"> <div class="section_header uppercase" style="border-bottom: 3px solid #004860;letter-spacing: 1px;color: #004860;font-weight: bold;padding: 4px 10px;text-transform: uppercase;"> more news </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="first_in_section story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=42cc3e4f5d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">VenHub, which uses robotics and AI to run fully automated retail stores, confidentially files for a US direct listing, after a $715M SPAC merger failed in May</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Anthony Hughes / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=538dc3290b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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”</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Natalie Lung / </span><span class="pub_name">Bloomberg</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;background-color:#f4f4f4;" class="story sponsor"> <table class="leading_item" style="width: 100%;border-collapse: collapse;"> <tr> <td style="padding-left:10px;vertical-align:middle;"> <span class="label" style="display: block;color: #686860;font-size: 12px;font-weight: bold;padding: 2px 0;">SPONSOR</span> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3f3cb84704&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Protecting your Cloud Applications Data</a></span> <span class="excerpt" style="color: black;font-size: 16px;"> — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.</span> </td> <td style="padding:0 20px 0 15px;vertical-align:middle;text-align:right;"> <a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=ec0792c98a&e=06cea4a9e4" style="text-decoration: none;"> <img class="sponsor_image" src="https://techmeme.com/simg/idrive-hvnuOGua.png"> </a> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5ee6e7cd74&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">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</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">IGN</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=16099f8c7d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A US federal jury gives five Nevada men varying prison sentences for their roles in running Jetflicks, one of the largest illegal TV streaming services</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jonathan Greig / </span><span class="pub_name">The Record</span>)</span> </td> </tr> </table> </div> <div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story"> <table class="leading_item" style="border-collapse: collapse;"> <tr> <td style="padding:5px 10px 0;"> <span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=09189186c8&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Researchers say North Korean scammers infiltrating the US workforce often reference Minions and other Despicable Me characters in GitHub and Telegram profiles</a></span> <span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Robert McMillan / </span><span class="pub_name">Wall Street Journal</span>)</span> </td> </tr> </table> </div> </div> <div class="footer" style="width:100%;border-top:1px solid lightgray;padding:14px 0;"> <table style="background-color: #FFFFFF;width: 100%;border-collapse: collapse;"> <tr> <td align="center" valign="top" style="padding-top:10px; 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