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China's market regulator says it had fined and confiscated ~$770M from Trip.com for abusing its dominant position in the domestic online hotel-booking market (Reuters) Reuters: China's market regulator says it had fined and confiscated ~$770M from Trip.com for abusing its dominant position in the domestic online hotel-booking market — China's market regulator said on Saturday it had fined and confiscated a total of 5.2 billion yuan ($770 million) from Trip.com Group … https://www.techmeme.com/260725/p16#a260725p16 techmeme.com
Several universities including Yale, Johns Hopkins, and the University of Waterloo have restricted or disabled their use of AI detectors over accuracy concerns (Ima Jackson-Obot/Financial Times) Ima Jackson-Obot / Financial Times: Several universities including Yale, Johns Hopkins, and the University of Waterloo have restricted or disabled their use of AI detectors over accuracy concerns — Some institutions are overhauling assessment and trying to move away from the emphasis on surveillance https://www.techmeme.com/260725/p15#a260725p15 techmeme.com
Sources: DeepSeek told investors it is suspending its second funding round after remarks attributed to Liang Wenfeng on US-China AI competition went viral (Pei Li/Bloomberg) Pei Li / Bloomberg: Sources: DeepSeek told investors it is suspending its second funding round after remarks attributed to Liang Wenfeng on US-China AI competition went viral — DeepSeek has told prospective investors in its second fundraising round that it's suspending the deal for now, people familiar with the matter said … https://www.techmeme.com/260725/p14#a260725p14 techmeme.com
Sources: OpenAI and Anthropic quietly lobby Washington regulators to restrict open-source AI models, even as Sam Altman publicly says he supports open source AI (New York Times) New York Times: Sources: OpenAI and Anthropic quietly lobby Washington regulators to restrict open-source AI models, even as Sam Altman publicly says he supports open source AI — Anthropic and OpenAI are clashing with the rest of the tech industry over whether “open-source” models from China should be freely available or restricted. https://www.techmeme.com/260725/p13#a260725p13 techmeme.com
SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions (Ian King/Bloomberg) Ian King / Bloomberg: SK Group Chair Chey Tae Won says Anthropic has asked SK Hynix for supplies to make its own chips, calling it remarkable that an AI developer has chip ambitions — AI developer Anthropic PBC has asked SK Hynix Inc., one of the world's biggest manufacturers of memory chips … https://www.techmeme.com/260725/p12#a260725p12 techmeme.com
As student protests spread across India, Narendra Modi turns to Reels, swapping his trademark cinematic videos for self-recorded messages aimed at Gen Z (Akriti Sharma/Bloomberg) Akriti Sharma / Bloomberg: As student protests spread across India, Narendra Modi turns to Reels, swapping his trademark cinematic videos for self-recorded messages aimed at Gen Z — As student protests spread across India, Prime Minister Narendra Modi has turned to Meta Platforms Inc.'s Instagram Reels … https://www.techmeme.com/260725/p11#a260725p11 techmeme.com
A profile of Hangzhou-based Unitree, which shipped 5,500 humanoid robots in 2025, accounting for 25%+ of the global market, as it prepares for a Shanghai IPO (Charlie Campbell/Time) Charlie Campbell / Time: A profile of Hangzhou-based Unitree, which shipped 5,500 humanoid robots in 2025, accounting for 25%+ of the global market, as it prepares for a Shanghai IPO — Spectators typically leave a UFC fight with ringing ears and a sheepish resolve to get back to the gym. Wang Xingxing went straight to his laboratory. https://www.techmeme.com/260725/p10#a260725p10 techmeme.com
Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products (Hooyeon Kim/Bloomberg) Hooyeon Kim / Bloomberg: Samsung announces a $200B+ contract to make chips for Broadcom through 2030, focusing on its 2nm and below process technologies for Broadcom's products — Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., as the companies race to win a larger share of the AI infrastructure market. https://www.techmeme.com/260725/p9#a260725p9 techmeme.com
A profile of Yang Zhilin, founder of Moonshot AI, which faced early doubts over revenue and model capabilities before its Kimi K3 delivered a "DeepSeek moment" (Financial Times) Financial Times: A profile of Yang Zhilin, founder of Moonshot AI, which faced early doubts over revenue and model capabilities before its Kimi K3 delivered a “DeepSeek moment” — Known as ‘Yang the genius’ by classmates, his new K3 model has closed the gap with leading US rivals https://www.techmeme.com/260725/p8#a260725p8 techmeme.com
Candid Health, which develops tech and AI agents to automate medical billing and claims processing workflows, raised a $120M Series D led by Sixth Street Growth (Lily Mae Lazarus/Fortune) Lily Mae Lazarus / Fortune: Candid Health, which develops tech and AI agents to automate medical billing and claims processing workflows, raised a $120M Series D led by Sixth Street Growth — Candid Health cofounder Doug Proctor spun his laptop around to show me a herd of wild horses grazing behind him in upstate New York during our first Zoom call. https://www.techmeme.com/260725/p7#a260725p7 techmeme.com
Verizon CEO Dan Schulman says Verizon will provide dark-fiber connectivity for Google's data centers in a $1B+ deal, with more such deals in the pipeline (Jaspreet Singh/Reuters) Jaspreet Singh / Reuters: Verizon CEO Dan Schulman says Verizon will provide dark-fiber connectivity for Google's data centers in a $1B+ deal, with more such deals in the pipeline — Verizon CEO Dan Schulman said on Friday the company has secured a deal with Google (GOOGL.O), valued at more than $1 billion … https://www.techmeme.com/260725/p6#a260725p6 techmeme.com
Meshy, whose AI-powered tech lets users generate 3D assets from text and image prompts, raised a ~$400M Series B at a $1.5B valuation (Abhinaya Prabhu/Tech Funding News) Abhinaya Prabhu / Tech Funding News: Meshy, whose AI-powered tech lets users generate 3D assets from text and image prompts, raised a ~$400M Series B at a $1.5B valuation — - Meshy raises nearly $400 million at a $1.5 billion valuation, which it says is the largest round any dedicated AI-3D company has raised. https://www.techmeme.com/260725/p5#a260725p5 techmeme.com
Analysis: US tech companies have cut ~140K jobs YTD, or more than 33% of announced US layoffs in 2026, with ~50K cuts from Amazon, Oracle, Meta, and Microsoft (Financial Times) Financial Times: Analysis: US tech companies have cut ~140K jobs YTD, or more than 33% of announced US layoffs in 2026, with ~50K cuts from Amazon, Oracle, Meta, and Microsoft — Investment spree is reshaping Silicon Valley while wider US jobs market holds steady — US tech companies have shed nearly 140,000 jobs since … https://www.techmeme.com/260725/p4#a260725p4 techmeme.com
Progress Software agrees to acquire Domo's AI and data platform business for $400M; Domo will remain publicly listed and change its name after the deal closes (Larry Dignan/Constellation Research) Larry Dignan / Constellation Research: Progress Software agrees to acquire Domo's AI and data platform business for $400M; Domo will remain publicly listed and change its name after the deal closes — Progress Software said it will acquire Domo's AI and data platform business for $400 million. — According to Progress Software … https://www.techmeme.com/260725/p3#a260725p3 techmeme.com
Neocloud Fluidstack, which has partnered with Anthropic, announces that it raised an $830M Series A led by Situational Awareness at a $7.5B valuation in January (Maria Deutscher/SiliconANGLE) Maria Deutscher / SiliconANGLE: Neocloud Fluidstack, which has partnered with Anthropic, announces that it raised an $830M Series A led by Situational Awareness at a $7.5B valuation in January — Fluidstack Ltd., a startup helping Anthropic PBC build artificial intelligence data centers, has raised $830 million in funding. https://www.techmeme.com/260725/p2#a260725p2 techmeme.com
Sources: CXMT expelled Huawei-linked SiCarrier staff from its R&D zone amid a pricing dispute, as Chinese memory makers flex their newfound clout to hike prices (Reuters) Reuters: Sources: CXMT expelled Huawei-linked SiCarrier staff from its R&D zone amid a pricing dispute, as Chinese memory makers flex their newfound clout to hike prices — For months, Chinese chip manufacturer ChangXin Memory Technologies (CXMT) had been hiking prices on Huawei, one of the country's biggest technology companies. https://www.techmeme.com/260725/p1#a260725p1 techmeme.com
Sources: Apple has pitched Trump on using Chinese memory chips in its products sold outside the US; Micron warned such a plan could destroy the US chip industry (Wall Street Journal) Wall Street Journal: Sources: Apple has pitched Trump on using Chinese memory chips in its products sold outside the US; Micron warned such a plan could destroy the US chip industry — Two of the president's priorities—cutting prices for U.S. consumers and increasing domestic semiconductor output—come into conflict https://www.techmeme.com/260724/p40#a260724p40 techmeme.com
After a backlash, Meta pauses its plan to "rate limit" Conversation Focus, an accessibility feature for its glasses that runs on-device (Sean Hollister/The Verge) Sean Hollister / The Verge: After a backlash, Meta pauses its plan to “rate limit” Conversation Focus, an accessibility feature for its glasses that runs on-device — “We're still exploring all our options for the best approach.” … The company is not giving up on the idea of a subscription fee for certain features — that's still moving forward. https://www.techmeme.com/260724/p39#a260724p39 techmeme.com
Nvidia and SK Group unveil a $500B+ AI initiative that includes an SK Hynix partnership to secure next-gen memory supply for Nvidia and joint development of HBM (Reuters) Reuters: Nvidia and SK Group unveil a $500B+ AI initiative that includes an SK Hynix partnership to secure next-gen memory supply for Nvidia and joint development of HBM — Nvidia (NVDA.O) and South Korea's SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers … https://www.techmeme.com/260724/p38#a260724p38 techmeme.com
Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers (Ian King/Bloomberg) Ian King / Bloomberg: Nvidia plans to invest $1B in Naver to help finance an AI data center in South Korea, and partners with SK Group to build more than 2 GW of AI data centers — Nvidia Corp. will invest $1 billion in Naver Corp. to help finance an AI data center under construction in South Korea … https://www.techmeme.com/260724/p37#a260724p37 techmeme.com
A joint preliminary evaluation by the UK's AISI and the US' CAISI finds Kimi K3 trails leading US frontier closed weight models on cyber capability (AI Security Institute) AI Security Institute: A joint preliminary evaluation by the UK's AISI and the US' CAISI finds Kimi K3 trails leading US frontier closed weight models on cyber capability — The UK Artificial Intelligence Security Institute (UK AISI) and the U.S. Center for AI Standards and Innovation (CAISI) (UK AISI / CAISI) … https://www.techmeme.com/260724/p36#a260724p36 techmeme.com
The US, China, and other APEC economies release a statement supporting open models, while emphasizing respect for security, data protection, and IP rights (Evelyn Cheng/CNBC) Evelyn Cheng / CNBC: The US, China, and other APEC economies release a statement supporting open models, while emphasizing respect for security, data protection, and IP rights — CHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates. https://www.techmeme.com/260724/p35#a260724p35 techmeme.com
Sources: OpenAI's models breached Hugging Face from July 11 to 13 and OpenAI realized their models were behind the hack several days later (Reuters) Reuters: Sources: OpenAI's models breached Hugging Face from July 11 to 13 and OpenAI realized their models were behind the hack several days later — The OpenAI agent that broke into tech firm Hugging Face went on a dayslong hacking spree that OpenAI didn't notice until well after the threat … https://www.techmeme.com/260724/p34#a260724p34 techmeme.com
Sources: Prentis, which develops computer use models and is co-founded by Reid Hoffman and Marc Pincus, is in talks to raise $100M at a $1B valuation (Marina Temkin/TechCrunch) Marina Temkin / TechCrunch: Sources: Prentis, which develops computer use models and is co-founded by Reid Hoffman and Marc Pincus, is in talks to raise $100M at a $1B valuation — Prentis, a new AI research lab focused on computer use models, co-founded by serial entrepreneur Ritankar Das, and tech heavyweights Reid Hoffman … https://www.techmeme.com/260724/p33#a260724p33 techmeme.com
An appeals court narrowly blocks Texas from enforcing a monitoring and filtering requirement under its children's online safety law, over Section 230 preemption (Jonathan Stempel/Reuters) Jonathan Stempel / Reuters: An appeals court narrowly blocks Texas from enforcing a monitoring and filtering requirement under its children's online safety law, over Section 230 preemption — A divided federal appeals court on Friday blocked Texas from enforcing a key provision of a state law meant to shield children from harm through using social media. https://www.techmeme.com/260724/p32#a260724p32 techmeme.com
Google says it appreciates the engagement by the Trump administration and US government on the EU's $1B fine; Trump called the fine "illegal" (Rocio Fabbro/Bloomberg Law) Rocio Fabbro / Bloomberg Law: Google says it appreciates the engagement by the Trump administration and US government on the EU's $1B fine; Trump called the fine “illegal” — Google says in a statement it appreciates the engagement by the administration and US government on the European Union's fine on the tech giant. https://www.techmeme.com/260724/p31#a260724p31 techmeme.com
An OpenAI staffer says the Hugging Face breach is "a big warning shot" externally but internally "related incidents have been happening for a while" (Harry Booth/Time) Harry Booth / Time: An OpenAI staffer says the Hugging Face breach is “a big warning shot” externally but internally “related incidents have been happening for a while” — Harry Booth … OpenAI was evaluating its artificial intelligence models' ability to exploit vulnerable software … https://www.techmeme.com/260724/p30#a260724p30 techmeme.com
Cognition acquires the makers of Poke, an AI assistant that users can access via messaging services, in a deal valuing Poke's parent in the "low nine figures" (Sarah Perez/TechCrunch) Sarah Perez / TechCrunch: Cognition acquires the makers of Poke, an AI assistant that users can access via messaging services, in a deal valuing Poke's parent in the “low nine figures” — Poke, the AI assistant you text like a friend, is making its next big move. The company behind the assistant … https://www.techmeme.com/260724/p29#a260724p29 techmeme.com
Sources: Waymo is exploring exiting its Uber partnership, with their relationship souring amid an intense lobbying battle over the future of robotaxis (Rafe Rosner-Uddin/Financial Times) Rafe Rosner-Uddin / Financial Times: Sources: Waymo is exploring exiting its Uber partnership, with their relationship souring amid an intense lobbying battle over the future of robotaxis — Partnership between two groups has soured amid intense lobbying battle over rollout of autonomous vehicles https://www.techmeme.com/260724/p28#a260724p28 techmeme.com
Paper, which allows designers to connect directly with production code and the AI agents that create it, raised a $34M Series A led by Accel and ICONIQ (Chris Metinko/Axios) Chris Metinko / Axios: Paper, which allows designers to connect directly with production code and the AI agents that create it, raised a $34M Series A led by Accel and ICONIQ — Paper, a design platform for teams using AI, locked up a $34 million Series A led by Accel and ICONIQ, CEO Stephen Haney tells Axios Pro exclusively. https://www.techmeme.com/260724/p27#a260724p27 techmeme.com
The DOJ is prosecuting a Cop City protester for allegedly providing CBP with a "duress" passcode that wiped the contents of his GrapheneOS phone (Timothy Pratt/The Guardian) Timothy Pratt / The Guardian: The DOJ is prosecuting a Cop City protester for allegedly providing CBP with a “duress” passcode that wiped the contents of his GrapheneOS phone — Concern over US effort to prosecute Sam Tunick, accused by authorities of wiping his phone using GrapheneOS https://www.techmeme.com/260724/p26#a260724p26 techmeme.com
Trump says the US will initiate a probe into the EU's practice of "robbing" US tech giants with fines, threatening the bloc with "substantial" tariffs (Kevin Breuninger/CNBC) Kevin Breuninger / CNBC: Trump says the US will initiate a probe into the EU's practice of “robbing” US tech giants with fines, threatening the bloc with “substantial” tariffs — President Donald Trump on Friday said his administration will launch a trade probe into the European Union … https://www.techmeme.com/260724/p25#a260724p25 techmeme.com
Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers (Ian King/Bloomberg) Ian King / Bloomberg: Letter: Qualcomm tells customers it plans to raise prices by double digit percentage points, after exhausting its ability to absorb higher costs from suppliers — Qualcomm Inc., the biggest maker of smartphone processors, plans to increase prices by a percentage in the double digits … https://www.techmeme.com/260724/p24#a260724p24 techmeme.com
Anthropic expects Opus 5 "classifiers to intervene around 85% less often than they do for Fable 5"; Opus 5 is not included in its 30-day data retention policy (Igor Bonifacic/Engadget) Igor Bonifacic / Engadget: Anthropic expects Opus 5 “classifiers to intervene around 85% less often than they do for Fable 5”; Opus 5 is not included in its 30-day data retention policy — It also has less restrictive safeguards than the Fable model. — Just as it was starting to feel like Anthropic … https://www.techmeme.com/260724/p23#a260724p23 techmeme.com
Anthropic says Opus 5 is the company's "most aligned model to date"; it is Anthropic's fourth model release in less than two months (Madison Mills/Axios) Madison Mills / Axios: Anthropic says Opus 5 is the company's “most aligned model to date”; it is Anthropic's fourth model release in less than two months — Anthropic on Thursday is releasing Claude Opus 5, a new AI model designed to deliver performance close to its most powerful model, Fable, on many tasks at half the price, the company said. https://www.techmeme.com/260724/p22#a260724p22 techmeme.com
Meta updates Meta AI with Muse Spark 1.1-powered agentic capabilities, connecting to Gmail and Google Calendar to perform tasks like creating daily updates (Ina Fried/Axios) Ina Fried / Axios: Meta updates Meta AI with Muse Spark 1.1-powered agentic capabilities, connecting to Gmail and Google Calendar to perform tasks like creating daily updates — Meta is giving its AI assistant new agent-like capabilities powered by Muse Spark 1.1, its latest model. https://www.techmeme.com/260724/p21#a260724p21 techmeme.com
Opus 5 improves coding, reasoning efficiency, and prompt-cache-friendly tool use, and is priced at $5/1M input tokens and $25/1M output, same as Opus 4.8 (David Gewirtz/ZDNET) David Gewirtz / ZDNET: Opus 5 improves coding, reasoning efficiency, and prompt-cache-friendly tool use, and is priced at $5/1M input tokens and $25/1M output, same as Opus 4.8 — ZDNET's key takeaways — Opus 5 targets coding, knowledge work, and agent workflows. — Anthropic says it uses fewer tokens for similar quality. https://www.techmeme.com/260724/p20#a260724p20 techmeme.com
Anthropic launches Claude Opus 5, which it says comes close to Fable 5 performance at half the price; it is the new default model on Claude Max (Anthropic) Anthropic: Anthropic launches Claude Opus 5, which it says comes close to Fable 5 performance at half the price; it is the new default model on Claude Max — Claude Opus 5 is available today. It's a thoughtful and proactive model that comes close to the frontier intelligence of Claude Fable 5 at half the price. https://www.techmeme.com/260724/p19#a260724p19 techmeme.com
Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app (Natalie Lung/Bloomberg) Natalie Lung / Bloomberg: Midjourney bought astrology app Co-Star, which uses AI to offer personalized advice, in the spring and is building its first standalone image-generation app — Artificial intelligence lab Midjourney Inc. has bought the popular astrology app Co-Star and is building its first standalone image-generation app … https://www.techmeme.com/260724/p16#a260724p16 techmeme.com
In their letter defending open-weight AI, tech companies urge lawmakers to avoid "premature restrictions" that "stifle competition or drive innovation overseas" (Ashley Capoot/CNBC) Ashley Capoot / CNBC: In their letter defending open-weight AI, tech companies urge lawmakers to avoid “premature restrictions” that “stifle competition or drive innovation overseas” — Nvidia, Microsoft, Meta, Palantir and more than 20 other companies released a letter on Friday urging policymakers … https://www.techmeme.com/260724/p15#a260724p15 techmeme.com
Sources: Anduril is in talks with investors for a new funding round that could see it valued at around $100B; the company raised $5B at a $61B valuation in May (Reuters) Reuters: Sources: Anduril is in talks with investors for a new funding round that could see it valued at around $100B; the company raised $5B at a $61B valuation in May — Defense tech firm Anduril is in discussions with investors for a new funding round that could see it valued at roughly $100 billion … https://www.techmeme.com/260724/p14#a260724p14 techmeme.com
Meta, Nvidia, Microsoft, a16z, and others sign a letter defending open-source AI; Jensen Huang, in his first X post, says open models strengthen cybersecurity (Leo Schwartz/The Information) Leo Schwartz / The Information: Meta, Nvidia, Microsoft, a16z, and others sign a letter defending open-source AI; Jensen Huang, in his first X post, says open models strengthen cybersecurity — Many of the largest U.S. tech companies signed a joint letter on Friday defending open-source AI software as the Trump administration … https://www.techmeme.com/260724/p13#a260724p13 techmeme.com
Delhi High Court rules OpenAI's use of ANI content to train ChatGPT wasn't copyright infringement as the news agency didn't show ChatGPT reproduced its reports (Munsif Vengattil/Reuters) Munsif Vengattil / Reuters: Delhi High Court rules OpenAI's use of ANI content to train ChatGPT wasn't copyright infringement as the news agency didn't show ChatGPT reproduced its reports — An Indian court said on Friday that OpenAI's use of news agency ANI's content to train its ChatGPT service did not amount to copyright infringement. https://www.techmeme.com/260724/p12#a260724p12 techmeme.com
Meta launches Facebook Verified, a free program it says will verify that users are real humans by analyzing a facial recognition selfie and assigning badges (Mat Smith/Engadget) Mat Smith / Engadget: Meta launches Facebook Verified, a free program it says will verify that users are real humans by analyzing a facial recognition selfie and assigning badges — And it's free. — In the face of AI content, profiles and slop, Meta hopes a new Facebook Verified program will help human users interact with other humans. https://www.techmeme.com/260724/p11#a260724p11 techmeme.com
India orders GitHub to remove Bitchat, the offline messaging app built by Jack Dorsey that is used by anti-government protestors amid internet blackouts (Shaurya Malwa/CoinDesk) Shaurya Malwa / CoinDesk: India orders GitHub to remove Bitchat, the offline messaging app built by Jack Dorsey that is used by anti-government protestors amid internet blackouts — India's top cybercrime watchdog has ordered GitHub to take down Bitchat, the offline messaging app built by Block chief executive … https://www.techmeme.com/260724/p10#a260724p10 techmeme.com
Meta launches Seller, a free standalone app version of Facebook Marketplace; Seller includes AI features that scan photos to fill out listings automatically (Eli Tan/New York Times) Eli Tan / New York Times: Meta launches Seller, a free standalone app version of Facebook Marketplace; Seller includes AI features that scan photos to fill out listings automatically — Seller is part of the Silicon Valley company's strategy to innovate on its original social network. https://www.techmeme.com/260724/p9#a260724p9 techmeme.com
Poolin, previously regarded as one of the world's largest crypto mining pool providers, files for Chapter 11 and seeks to sell its Texas mining assets for $52M (Brian Danga/The Block) Brian Danga / The Block: Poolin, previously regarded as one of the world's largest crypto mining pool providers, files for Chapter 11 and seeks to sell its Texas mining assets for $52M — Quick Take — Poolin Technology filed for Chapter 11 bankruptcy and is seeking court approval to sell Texas mining assets through a $52 million stalking-horse bid. https://www.techmeme.com/260724/p8#a260724p8 techmeme.com
Sources: Shanghai-based GPU maker MetaX confidentially filed for a Hong Kong listing, targeting an IPO by the year-end, amid a surge of fundraising from rivals (Zoe SL Chan/South China Morning Post) Zoe SL Chan / South China Morning Post: Sources: Shanghai-based GPU maker MetaX confidentially filed for a Hong Kong listing, targeting an IPO by the year-end, amid a surge of fundraising from rivals — Firm's year-end listing plan underscores China's chip self-reliance and follows Biren, Iluvatar and Moore Threads in the fundraising rush https://www.techmeme.com/260724/p7#a260724p7 techmeme.com
Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators (Foo Yun Chee/Reuters) Foo Yun Chee / Reuters: Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators — ByteDance's social media platform TikTok has been charged with breaching EU online content rules due to design features … https://www.techmeme.com/260724/p6#a260724p6 techmeme.com
The US OCC denies Wise's application to create a national trust bank, citing incompatibility with new Federal Reserve policies; Wise says it plans to reapply (Simone Lobo/Reuters) Simone Lobo / Reuters: The US OCC denies Wise's application to create a national trust bank, citing incompatibility with new Federal Reserve policies; Wise says it plans to reapply — London-listed shares of Wise (WISEa.L), fell 10% on Friday after the money transfer group said its application to create … https://www.techmeme.com/260724/p5#a260724p5 techmeme.com