Techmeme
July 18, 2025, 9:30 AM

Top News

Sarah Whitten / CNBC:
Netflix reports Q2 revenue up 16% YoY to $11.08B, vs. $11.07B est., net income of $3.13B, and forecasts 2025 revenue of $44.8B-$45.2B, up from $43.5B-$44.5B  —  Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025.
Emma Roth / The Verge:
Hayden Field / The Verge:
OpenAI debuts ChatGPT Agent, which can control an entire computer and perform multi-step tasks, powered by a new dedicated model, rolling out to paid users  —  One employee uses it to automate his weekly parking requests at OpenAI's San Francisco office.
Dan Shipper / Every:
Eric Slivka / MacRumors:
Apple sues YouTuber Jon Prosser and an Apple staffer's friend over iOS 26 leaks, for allegedly accessing the staffer's iPhone; Prosser denies the claim  —  Earlier this year, YouTuber Jon Prosser shared multiple videos showing off what he claimed to be re-created renderings of what was then presumed …
Financial Times:
Reuters:
The US House passes the GENIUS Act, sending the stablecoin bill to Trump for his signature, and advances two other crypto bills to the Senate for consideration  —  The U.S. House of Representatives on Thursday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known …
Lora Kolodny / CNBC:
Neuralink filed on April 24 as a “small disadvantaged business” that could give it preferential access to federal opportunities, before being valued at $9B  —  Elon Musk's health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing …
More: Musk WatchBluesky: @calebecarma, @calebecarma, and @lorakMastodon: @WarnerCrocker@mastodon.socialLinkedIn: Lora KolodnyForums: r/EnoughMuskSpam
Bloomberg:
Sources: Meta hired AI researchers Mark Lee, from Apple's Foundation Models team, and Tom Gunter, who left Apple in June, for its superintelligence lab  —  Meta Platforms Inc. hired a pair of key artificial intelligence researchers who worked at Apple Inc., shortly after poaching their former boss from the iPhone maker.
Osmond Chia / BBC:
Netflix used AI tools for the first time in one of its TV shows, for a VFX sequence; Ted Sarandos says the VFX costs would have been too high otherwise  —  Netflix says it has used visual effects created by generative artificial intelligence (AI) in one of its original TV shows for the first time.
Wall Street Journal:
Sources: the White House is preparing an EO requiring AI companies with federal contracts to be neutral and unbiased, to combat what officials see as “woke AI”  —  The order would be one of several expected to be released outlining the president's vision for winning the AI race with China
Sean Hollister / The Verge:
Lenovo Legion Go S review: SteamOS is a huge improvement over Windows, but battery life falls behind Windows-based handhelds and its touchpad is nearly useless  —  Valve's Steam Deck has dominated the handheld gaming PC space since its 2022 debut.  But even as more powerful Windows handhelds arrived …
Forums: r/LegionGo
Financial Times:
Sources: Perplexity was valued at $18B in a reported $100M extension round; its annualized revenues jumped from $35M in August 2024 to $150M this month  —  Artificial intelligence-powered search engine lures new investors to back higher price tag  —  Artificial intelligence search engine Perplexity …
Google:
Generate videos with Veo 3 in Google Gemini  —  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.
Sponsor Post
Sam Rutherford / Engadget:
Samsung Galaxy Z Fold7 review: looks like a regular phone with an exquisitely thin design, has top-tier performance, but is very pricey and lacks S Pen support  —  After several generations of iterative updates, it feels like Samsung tossed the Galaxy Z Fold 7 into a Hyperbolic Time Chamber …
Matthias Bastian / The Decoder:
Google's Veo 3 video generation model launches on the Gemini API, with an eight-second video costing $6, making it one of the most expensive AI video options  —  Google's Veo 3 video generation model is now available through the Gemini API, with a price point that puts it among the more expensive options for AI video.

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  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.
Zoho:
ProTips: 5 productivity tips for sales teams who live on the phone  —  If your day revolves around Zoho CRM and a non-stop stream of calls, you're not just a user—you're a high-output call strategist.
IDrive:
Protecting your Cloud Applications Data  —  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.
F5:
F5's 2025 AI Strategy Report  —  Only 2% of Enterprises Are Fully AI-Ready.  Most face security gaps like weak data governance and lack of AI firewalls, stalling adoption and innovation.  What is your readiness to scale AI?

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