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Ripple has applied for a national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit (Vicky Ge Huang/Wall Street Journal)
2025-07-02 20:57 - https://www.techmeme.com/feed.xml
 
xAI has been granted a permit to operate 15 gas turbines at its Memphis campus until 2027, despite protests and a potential NAACP lawsuit over air pollution (Molly Taft/Wired)
2025-07-03 00:58 - https://www.techmeme.com/feed.xml
 
Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle (Jessica Toonkel/Wall Street Journal)
2025-07-02 20:57 - https://www.techmeme.com/feed.xml
 
Microsoft cuts hundreds of Xbox jobs across studios, sources say including Halo Studios and King, and cancels games like Perfect Dark and Everwild (Eddie Makuch/GameSpot)
2025-07-02 20:57 - https://www.techmeme.com/feed.xml
 
Sources: OpenAI will rent additional computing power from Oracle, totaling about 4.5 gigawatts of US data center power, as part of its Stargate initiative (Bloomberg)
2025-07-02 19:57 - https://www.techmeme.com/feed.xml
 
Analysis: crypto ventures have added at least $620M to President Trump's fortune in months, overshadowing traditional real estate licensing deals (Bloomberg)
2025-07-02 18:56 - https://www.techmeme.com/feed.xml
 
Perplexity launches a $200/month Max plan with unlimited Labs access, early access to features like Comet browser, and priority use of models like o3-pro (Maxwell Zeff/TechCrunch)
2025-07-02 18:56 - https://www.techmeme.com/feed.xml
 
ICEBlock, an app for reporting sightings of ICE officials, was the top free app in the US App Store on Tuesday; the app claims to collect no personal data (Emma Roth/The Verge)
2025-07-02 16:56 - https://www.techmeme.com/feed.xml
 
TikTok lays off workers from the US division of TikTok Shop, the third round of layoffs for the team since April, after a year of missing internal sales targets (Bloomberg)
2025-07-02 17:56 - https://www.techmeme.com/feed.xml
 
TikTok users are posting AI-generated videos, seemingly made with Google's Veo 3, depicting racist and antisemitic tropes that have garnered millions of views (Abbie Richards/Media Matters for America)
2025-07-02 16:56 - https://www.techmeme.com/feed.xml
 
A French court finds three ex-Ubisoft executives, including the chief creative officer, guilty of enabling a culture of sexual and psychological harassment (Angelique Chrisafis/The Guardian)
2025-07-02 15:55 - https://www.techmeme.com/feed.xml
 
Berlin-based Talon.One, which provides software for brands to run personalized promotions and loyalty schemes, raised $135M (Freya Pratty/Sifted)
2025-07-02 15:55 - https://www.techmeme.com/feed.xml
 
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