Techmeme
August 14, 2025, 2:50 AM

Top News

Jonathan Stempel / Reuters:
New York sues Zelle, claiming that security lapses led to $1B in consumer fraud losses; the US CFPB dropped a similar case in March  —  Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features …
Alexandra Alper / Reuters:
Sources: the US Navy and Air Force may cancel two nearly complete HR software projects to give firms like Salesforce and Palantir a chance to win similar work  —  Donald Trump's Navy and Air Force are poised to cancel two nearly complete software projects that took 12 years …
Maxwell Zeff / TechCrunch:
xAI co-founder Igor Babuschkin, who led its engineering teams, says he is leaving the company to launch a venture firm that supports AI research and startups  —  Igor Babuschkin, a co-founder of Elon Musk's xAI startup, announced his departure from the company on Wednesday in a post …
Mark Gurman / Bloomberg:
Sources: Apple AI plans include robots, such as a tabletop one in 2027, a conversational Siri, a smart speaker with a display in 2026, and home security cameras  —  Apple Inc. is plotting its artificial intelligence comeback with an ambitious slate of new devices, including robots …
Business Insider:
Katherine Blunt / Wall Street Journal:
Emma Roth / The Verge:
Google is rolling out a feature for Gemini that, when enabled, will let the AI chatbot “remember” a user's past conversations without prompting  —  You'll no longer have to prompt Gemini in order for it to recall what you've discussed in previous chats.
Bloomberg:
Bullish shares closed up 84% at $68 in the company's NYSE debut, above the IPO price of $37, giving Bullish a market value of $9.9B based on outstanding shares  —  Bullish shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering.
Bloomberg:
Dasha Litvinova / Associated Press:
Ted Mann / Bloomberg:
TTP analysis: Google used an internal reorganization to reduce the amount it reported on US lobbying spending, likely by millions; Google disputes the claims  —  It was the end of 2018, and Google's leaders were tired of being Number One.  —  For the second year in a row …
Zac Bowden / Windows Central:
Microsoft Windows head Pavan Davuluri says the next Windows version will be more ambient, pervasive and multi-modal, with voice becoming more important  —  In a new video, Microsoft CVP and Windows boss Pavan Davuluri has teased that the future of Windows will consist of a truly ambient …
Jaspreet Singh / Reuters:
Google plans to spend $9B in Oklahoma over two years on cloud and AI infrastructure, including a new data center campus and an expansion of its Pryor facility  —  Alphabet's Google said on Wednesday it will spend an additional $9 billion in Oklahoma over the next two years to expand cloud and artificial intelligence infrastructure.
Warp:
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Sponsor Post
Tabby Kinder / Financial Times:
Morgan Stanley: hyperscalers will fund about 50% of the $2.9T in future AI infrastructure through 2028, with debt, PE, VC, and other sources making up the rest  —  With the data centre race in full swing, private capital is joining Big Tech in seeking to capture the rewards
Juby Babu / Reuters:
Cisco reports Q4 revenue up 8% YoY to $14.67B, vs. $14.62B est., net income up 31% to $2.8B, and forecasts Q1 revenue above estimates  —  Cisco Systems (CSCO.O) forecast first-quarter revenue above Wall Street estimates on Wednesday, as the artificial intelligence boom boosted demand for its networking equipment from cloud customers.

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.
Warp:
The #1 Coding Agent  —  #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.
Zoho:
Shaping the future: Digital transformation and cloud storage adoption in MEA  —  The Middle East and Africa (MEA) region is undergoing a profound digital transformation, driven by a young, tech-savvy population …
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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Zvi Mowshowitz / Don't Worry About the Vase:

Earlier Picks

Bloomberg:
Victoria Song / The Verge:
Reuters:
Reuters:
Mark Gurman / @markgurman: