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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=31d1301449&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Generate videos with Veo 3 in Google Gemini</a></span>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=8899a02ed5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: the Trump administration is in talks with Intel to have the US government potentially take a stake in the company; INTC closes up 7.4%</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
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<span class="excerpt">The Trump administration is in talks with Intel Corp. to have the US government take a stake … </span>
<span class="cite">(Bloomberg)</span>
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<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=234cc7e1b7&e=06cea4a9e4" style="text-decoration: none;color: black;">@benbajarin:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=2671e845c8&e=06cea4a9e4" style="text-decoration: none;color: black;">Ideally, Intel foundry can stand on its own by winning customers on technology merit. Something, on paper, I believe is doable. That said, should a gov. stake + PE (likely necessary) + majority held by Intel be the play, there has to be enforced tariffs that strongly encourage customers to use Intel foundry.</a>
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<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=5119767025&e=06cea4a9e4" style="text-decoration: none;color: black;">@alexeheath:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=3acc87ffe4&e=06cea4a9e4" style="text-decoration: none;color: black;">this is gonna happen to TikTok isn't it</a>
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<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=6c3fef5df1&e=06cea4a9e4" style="text-decoration: none;color: black;">@danprimack:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e057f07873&e=06cea4a9e4" style="text-decoration: none;color: black;">USA Inc. </a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=e1af222a64&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An internal Meta policy doc had portions permitting its chatbots to hold “sensual” chats with kids, which Meta later removed, offer false medical info, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jeff Horwitz / </span><span class="pub_name">Reuters</span>)</span>
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<span class="excerpt">An internal Meta policy document, seen by Reuters … </span>
<span class="cite">(Jeff Horwitz / Reuters)</span>
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<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=6dd29ca258&e=06cea4a9e4" style="text-decoration: none;color: black;">@jason:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=1ea8a20f74&e=06cea4a9e4" style="text-decoration: none;color: black;">Uhh... what the fuck in the name of Epstein, is this Facebook?!?! We're gonna need some serious AI regulation if this is what the team @Meta signed off on No one under 16 years old should be allowed to touch anything made by META... they've never made a decision for kids that was not the wrong one. [image]</a>
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<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=25f63cff97&e=06cea4a9e4" style="text-decoration: none;color: black;">@brianschatz:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=baaf586251&e=06cea4a9e4" style="text-decoration: none;color: black;">META Chat Bots that basically hit on kids - fuck that. This is disgusting and evil. I cannot understand how anyone with a kid did anything other than freak out when someone said this idea out loud. My head is exploding knowing that multiple people approved this.</a>
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<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=a79279a391&e=06cea4a9e4" style="text-decoration: none;color: black;">@marshablackburn:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=417dbe86ca&e=06cea4a9e4" style="text-decoration: none;color: black;">Meta's exploitation of children is absolutely disgusting. This report is only the latest example of why Big Tech cannot be trusted to protect underage users when they have refused to do so time and time again. It's time to pass KOSA and protect kids. </a>
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<span class="title" style="font-size: 24px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=c3ed977e4a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Apple rolls out a software update that enables a redesigned blood oxygen monitoring feature for its Watch Series 9, 10, and Ultra 2, circumventing the ITC ban</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Victoria Song / </span><span class="pub_name">The Verge</span>)</span>
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<span class="excerpt">Apple will be rolling out a redesigned version of the feature to the Series 9, 10 and Ultra 2 today.</span>
<span class="cite">(Victoria Song / The Verge)</span>
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<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=96cbd2eea7&e=06cea4a9e4" style="text-decoration: none;color: black;">@markgurman:</a>
<a class="tweet_body" href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d37535e49f&e=06cea4a9e4" style="text-decoration: none;color: black;">It's really a clever workaround but much better than nothing: “Sensor data from the Blood Oxygen app on Apple Watch will be measured and calculated on the paired iPhone, and results can be viewed in the Respiratory section of the Health app.”</a>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=36d5e019b0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: DeepSeek R2's launch delay is due to training issues on Huawei Ascend chips, prompting a switch to Nvidia chips for training and Huawei's for inference</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Financial Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5431869fec&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Toronto-based Cohere raised $500M led by Radical and Inovia at a $6.8B valuation, up from $5.5B in July 2024, and has doubled its ARR to $100M so far in 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">George Hammond / </span><span class="pub_name">Financial Times</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=7456604a41&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Cohere hires Joelle Pineau, who previously led Meta's FAIR lab, as Chief AI Officer, to oversee AI strategy across Cohere's research, product, and policy teams</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Maxwell Zeff / </span><span class="pub_name">TechCrunch</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=67084718d9&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: xAI was part of a US government AI initiative alongside OpenAI, Anthropic, and Google, but was removed after Grok posted antisemitic content in July</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Wired</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d43b0132fb&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Shopify CEO Tobias Lütke, Tyler and Cameron Winklevoss, and 80+ fintech and crypto CEOs urge Trump to block US banks from charging fees to access customer data</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Paige Smith / </span><span class="pub_name">Bloomberg</span>)</span>
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<div style="width:100%;border-top:1px solid lightgray;padding:14px 0;" class="story">
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=5fb1fc433f&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Microsoft Windows head Pavan Davuluri says the next Windows version will be more ambient, more pervasive, and more multi-modal, as voice becomes more important</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zac Bowden / </span><span class="pub_name">Windows Central</span>)</span>
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</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=85b9a8679e&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Ex-Twitter CEO Parag Agrawal launches Parallel Web Systems to build infrastructure for AI agents to search the web, raising $30M from Khosla Ventures and others</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=732cc82c4d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">SCOTUS rejects NetChoice's emergency appeal to block a Mississippi law that requires age verification and parental consent for teens to join social networks</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=dc73d7caa1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Fitness band maker Whoop says it will not disable its blood pressure tracking tool despite the US FDA's request from July and requests a meeting with the agency</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>
<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=9f0c4751f7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google launches Flight Deals, an AI tool within Google Flights to let users find fares using natural language queries, in beta in the US, Canada, and India</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jagmeet Singh / </span><span class="pub_name">TechCrunch</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=f7ec2a52b3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with OpenAI VP and Head of ChatGPT Nick Turley on ChatGPT's future, showing ads in chatbots, hallucinations, GPT-5 blowback, 4o, subscriptions, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Alex Heath / </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=7f6e7b1db7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google announces Gemma 3 270M, a compact model designed for task-specific fine-tuning with strong capabilities in instruction following and text structuring</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Google Developers Blog</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=3d2cb79be1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Anthropic expands Claude's Learning Mode, available only to Education users since an April launch, to all users, including two learning variants for Claude Code</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Igor Bonifacic / </span><span class="pub_name">Engadget</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=4ef4001011&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A recent UK AI Security Institute study found that LLMs from OpenAI, Meta, xAI, and Alibaba can shift users' political views in under 10 minutes of conversation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Melissa Heikkilä / </span><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=8352d40c0b&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">A deep dive into Big Tech's AI energy boom as Amazon, Microsoft, and Google become major players, leading to fears of it driving up individuals' and SMBs' bills</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=624302d087&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Morgan Stanley: hyperscalers will fund $1.4T of the $2.9T in future AI infrastructure through 2028, with debt, PE, VC, and other sources making up the $1.5T</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Tabby Kinder / </span><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=201a6e5628&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">GPT-5 review: GPT-5-Thinking is a substantial upgrade over o3-pro, Auto is only useful for free tier users, picking the right model still matters, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Zvi Mowshowitz / </span><span class="pub_name">Don't Worry About the Vase</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=c1f89539ac&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">The US NSF and Nvidia partner for an Ai2-led project to build open AI models to accelerate scientific discovery; the NSF is contributing $75M and Nvidia $77M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Kyt Dotson / </span><span class="pub_name">SiliconANGLE</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=abb947efaf&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Foxconn reports Q2 revenue up 16% YoY to ~$59.73B, matching est., and operating profit up 27% YoY to ~$1.9B, above $1.6B est., driven by its AI server business</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 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=de5ffb94a5&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">JD.com reports Q2 revenue up 22% YoY to ~$49.7B, vs. ~$46.8B est., and net income down 51% YoY to ~$846M, benefiting from government-directed consumer subsidies</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<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=208b71a8d0&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Lenovo reports Q1 revenue up 22% YoY to $18.8B, vs. $17.4B est., and net profit up 108% YoY to $505M, vs. $307.7M est., despite the US tariffs on Chinese goods</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Reuters</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=5f46d45bc1&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Adyen reports H1 2025 net revenue up 20% YoY to €1.09B, vs. €1.11B est., processed volume up 5% YoY to €649B, and EBITDA up 28% YoY to €543.7M; ADYEN falls 5%+</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sarah Jacob / </span><span class="pub_name">Bloomberg</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;">
cryptocurrency
</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=ce02c32581&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Arkham Intelligence: SpaceX holds 8,285 bitcoin, worth ~$1.02B, down from 28K bitcoin worth $1.8B in April 2021, after cutting its holdings by ~70% in mid-2022</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Danny Park / </span><span class="pub_name">The Block</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=5ec69c1bf3&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">How Wall Street is embracing crypto, spurred in part by political opportunism, as some executives fear the rush may risk the safety of personal bank accounts</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Rob Copeland / </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=9fc06416c4&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">An interview with Binance co-founder Yi He on growing up poor in China, the challenges she faced during Binance's year of crisis when CZ was in prison, and more</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jeff John Roberts / </span><span class="pub_name">Fortune</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;">
social networks
</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=18aab45d02&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Bluesky revises its policies and Community Guidelines to comply with new regulations, including the EU DSA, UK Online Safety Act, and US Take It Down Act</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Sarah Perez / </span><span class="pub_name">TechCrunch</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=59fb33ff12&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Q&A with researcher Petter Törnberg on his preprint study saying social media's dysfunctions, like echo chambers, may stem from its architecture, not algorithms</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Jennifer Ouellette / </span><span class="pub_name">Ars Technica</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;">
M&A
</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=1de144d1e7&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Carlyle agrees to sell Amsterdam-based Microsoft cloud and solutions integrator HSO, which serves 1,400 clients worldwide, to Bain Capital, sources say for ~$1B</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Swetha Gopinath / </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=ad9b607b2d&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Indian IT services company Infosys agrees to take a 75% stake in Versent Group, a cloud services provider wholly owned by Australia's Telstra Group, for ~$153M</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Hritam Mukherjee / </span><span class="pub_name">Reuters</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=4c2f44db34&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: cloud startup Vercel has been approached by investors offering to invest hundreds of millions at an $8B-$9B valuation; it was valued at $3B last year</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">The Information</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=f80043d901&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Source: AI coding startup Cognition raised nearly $500M led by Founders Fund, bringing its valuation to $9.8B, more than double the level earlier this year</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Yuliya Chernova / </span><span class="pub_name">Wall Street Journal</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=e6f0cec133&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: chip startup Rivos, which plans to release a GPU for inference as early as 2026, is seeking to raise between $400M and $500M at a $2B+ valuation</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">The Information</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=cad752608a&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sources: Lambda is in talks for a funding round that could value the cloud services company between $4B and $5B ahead of a potential IPO by the end of 2025</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="pub_name">Bloomberg</span>)</span>
</td>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=787a2b8ea2&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Milan-based Bending Spoons raised €500M+ in debt led by JPMorgan to acquire more software businesses, after raising $155M at a ~$2.6B valuation in February 2024</a></span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=d4e6c6a979&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Sola, which wants AI agents to automate businesses' repetitive tasks, raised $21M, including a $3.5M seed led by Conviction and a $17.5M Series A led by a16z</a></span>
<span class="cite" style="color: #888;display: inline-block;white-space: nowrap;">(<span class="author">Emma Hinchliffe / </span><span class="pub_name">Fortune</span>)</span>
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<span class="title" style="font-size: 18px;"><a href="https://techmeme.us14.list-manage.com/track/click?u=94ccd3ae223561415b05892ab&id=4d6f710a08&e=06cea4a9e4" style="text-decoration: none;color: #004860;font-weight: bold;">Google rolls out Sensitive Content Warnings in Messages for Android to blur nude images for signed-in users on-device, powered by Android System SafetyCore</a></span>
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