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Meta, YouTube, TikTok fight back as Australia's social media restrictions for teens draw closer

In brief: After approving plans to ban those aged under 16 from using social media last year, the Australian government is now considering which of the platforms should be included in the new law. In response, the companies are looking for ways to avoid being added to the ban list, with methods ranging from pleas and security promises to thinly veiled legal threats. Social media platforms have long criticized Australia's ban on under-16s holding accounts. The law comes into effect this December

Spotify hits 696M users, but returned to making a loss

Spotify has posted its latest earnings report, stating that both paid and free users were up more than 10% year-on-year, but the company returned to making a loss … Spotify announced solid growth in both subscribers and revenue: Subscribers climbed 12% Y/Y to 276 million. climbed 12% Y/Y to 276 million. Monthly Active Users grew 11% Y/Y to 696 million. grew 11% Y/Y to 696 million. Total Revenue increased 10% Y/Y to €4.2 billion. increased 10% Y/Y to €4.2 billion. Gross Margin improved by 22

Researchers create artificial blood for on-the-spot use in accidents and combat

Forward-looking: In a laboratory at the University of Maryland, a team of researchers is tackling one of emergency medicine's most persistent challenges: how to deliver life-saving blood transfusions to patients who are miles from the nearest hospital. Their experimental solution isn't stored in a refrigerator but in the form of a lightweight powder – raising hopes among scientists and military officials that trauma care could soon reach accident scenes and battlefields alike, where blood loss r

A ‘Grand Unified Theory’ of Math Just Got a Little Bit Closer

“We mostly believe that all the conjectures are true, but it’s so exciting to see it actually realized,” said Ana Caraiani, a mathematician at Imperial College London. “And in a case that you really thought was going to be out of reach.” It’s just the beginning of a hunt that will take years—mathematicians ultimately want to show modularity for every abelian surface. But the result can already help answer many open questions, just as proving modularity for elliptic curves opened up all sorts of

The 2025 Audi RS 3 is a five-cylinder firecracker

First offered in a passenger car by Mercedes-Benz back in 1974, the five-cylinder engine has always been a bit of an automotive oddball. The unconventional configuration eventually gained a foothold in the 1980s with manufacturers who needed a transversely mounted motor that was narrower than a V6 but wanted something smoother and more powerful than an inline-four. For a time, the engine, with its distinctive exhaust warble, became closely associated with Audi’s lineup, aided in no small part b

Freed says 20,000 clinicians are using its medical AI transcription ‘scribe,’ but competition is rising fast

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Even generative AI critics and detractors have to admit the technology is great for something: transcription. If you’ve joined a meeting on Zoom, Microsoft Teams, Google Meet or other video call platform of your choice at any point in the last year or so, you’ve likely noticed an increased number of AI notetakers joining the conference cal

Apple solves its social media fragmentation problem with ‘In the Loop’

Social media has been fragmented since Twitter got X’d and cleared the path for Threads, Bluesky, Mastodon, and others. Still, Apple personalities like Tim Cook still rely on sharing company news, often exclusively, on X. Others seem more fond of Instagram. It’s a lot to follow, especially if you’re off one or more social media networks. Apple seems to have heard the feedback that it can be rather strange that company news, especially from CEO Tim Cook, can solely exist somewhere like X. The f

$1 billion of NVIDIA AI chips were reportedly sold in China despite US bans

Financial Times is reporting that $1 billion worth of NVIDIA AI chips were smuggled into China in the three months after the Trump administration tightened semiconductor export controls . Citing sales contracts, company documents and people with direct knowledge, the publication says that a thriving black market arose for American semiconductors. Products sold included NVIDIA's top‑tier B200 chips, which have become the silicon of choice for American big tech when training AI models. Sale of the

Americans Are Obsessed With Watching Short Video Dramas From China

My partner recently confessed something to me about his screen-time habits: When he’s giggling at his phone, he’s often watching short English-language soap operas that have begun showing up on his social feeds. The plots are basic, the acting is exaggerated, and the performers are stereotypically good-looking, but the constant twists and turns keep him spellbound and wanting more. I knew exactly where these videos were coming from. It’s been four years since I first heard about the exploding p

Former Y Combinator, a16z experts hold invite-only summit for founders

On August 9, the people who previously ran startup incubator Y Combinator’s events and PR, along with a former Andreessen Horowitz social media manager, are holding a small, invitation-only event, TechCrunch has learned. The To Do List Summit will cap off at 80 early-stage founders and will teach them how to work with the press and run their own social media, the organizers promise. The fee for the event is $600. YC laid off most of the folks putting on this event between a small layoff about

Fighting forever chemicals and startup fatigue

The MEDC also helped us early on create a model in Excel for tracking business financing and forecasting, forecasting our future financial needs, so that we could be proactive instead of reactive to financial limitations. We knew it wasn't going to be inexpensive to design and build a piece of equipment that's the size of two very large refrigerators that had never been built before. That type of financial-forward modeling helped us figure out when we would need to start fundraising and taking i

Congress Isn't Stepping Up to Regulate AI. Where Does That Leave Us Now?

When you turn on the faucet, you expect the water that comes out to be clean. When you go to the bank, you expect your money will still be there. When you go to the doctor, you expect they will keep your medical information private. Those expectations exist because there are rules to protect you. But when a technology arises almost overnight, the problems come first. The rules, you'd hope, would follow. Right now, there's no technology with more hype and attention than artificial intelligence.

Amazon includes a free $300 gift card when you pre-order the Samsung Galaxy Z Fold 7

Engadget has been testing and reviewing consumer tech since 2004. Our stories may include affiliate links; if you buy something through a link, we may earn a commission. Read more about how we evaluate products . We are mere days away from the official launch of the Samsung Galaxy Z Fold 7 on July 25. Amazon is enticing customers to try out the foldable handset by throwing in a $300 gift card with every pre-order. This can be used to purchase anything on the platform and is available with every

“Bypassing” specialization in Rust

"Bypassing" specialization in Rust or How I Learned to Stop Worrying and Love Function Pointers I've spent nearly a year developing and refining my own FAT driver in Rust. For much of the last six months, I had to put the project on hold due to school commitments. However, I'm back now, especially since this project has become my most-starred repository on GitHub. During that journey, I (almost) learned how FAT and filesystems in general work behind-the-scenes and in my attempts to navigate the

Your Recession FAQs Answered: 5 Tips to Help You Prepare, Not Panic

Recession risks are down, but keep your guard up. Getty Images/Jeffrey Hazelwood/CNET Early this spring, talk of a recession swirled after President Donald Trump began his chaotic tariff campaign. The likelihood of a severe economic downturn hit 66%, according to Polymarket. As Trump deferred some of his most aggressive trade proposals, those forecasts leveled out, but the contours of a potential recession are hard to ignore. Growth in the first quarter of 2025? Down. Jobless claims? Sharply h

"Bypassing" Specialization in Rust or How I Learned to Stop Worrying and Love F

"Bypassing" specialization in Rust or How I Learned to Stop Worrying and Love Function Pointers I've spent nearly a year developing and refining my own FAT driver in Rust. For much of the last six months, I had to put the project on hold due to school commitments. However, I'm back now, especially since this project has become my most-starred repository on GitHub. During that journey, I (almost) learned how FAT and filesystems in general work behind-the-scenes and in my attempts to navigate the

More Than Half of Teens Surveyed Use AI for Companionship. Why That's Not Ideal

Is your teen using an artificial intelligence chatbot for companionship? If you don't know, it's time to find out. Common Sense Media released a study this week, where it found that more than half of pre-adult teenagers regularly use AI companions. Nearly a third of the teens surveyed reported that conversations with AI were as satisfying as conversations with actual humans, if not more so. Researchers also found that 33% of teens surveyed use AI companions such as Character.AI, Nomi and Replik

Xi Jinping warns against China's overinvestment in EVs and AI

Chinese President Xi Jinping has bluntly questioned a nationwide rush of investment into the AI and EV industries. As deflation anxiety grows and Trump’s trade war with China ramps up, the world’s second largest economy is turning to fast-growth tech industries to remain competitive. But Xi appears to think that the strategy is flawed. As reported by the Financial Times , China's President sent out a pointed message about over-investment at the two-day Central Urban Work Conference in Beijing.

Fighting Brandolini's Law with Sampling

Brady Hurlburt - July 8, 2025 “But Don’t All Politicians Lie?” In 2015, Angi Drobnic Holan published a wonderful article titled “All Politicians Lie. Some Lie More Than Others.” In it, she makes the case that while all politicians lie, there are meaningful differences in how often and how severely they do so. Here is the graphic from her piece: Her article resonates with me because indifference to political dishonesty is surprisingly common in my circles. In conversations with my peers, when

No More Waiting: New Crypto Law Unlocks Cheaper, Faster Money for Everyone

For more than a decade, cryptocurrency lived in legal limbo. It was too weird to regulate, too volatile to trust, and too new for Washington to take seriously. That just changed. The U.S. House of Representatives has passed the GENIUS Act, the first major federal law regulating stablecoins, digital currencies backed by the U.S. dollar. The bill now heads to President Trump’s desk, where it’s expected to become law. Here’s what it means for you, your money, and the financial system around you.

Fighting AI with AI, finance firms prevented $5 million in fraud - but at what cost?

d3sign/Getty Imageds When most people think of AI, the first thing that probably comes to mind isn't superintelligence or the promise of agents to boost productivity, but scams. There've always been fraudsters among us, that small percentage of the population who'll use any means available to swindle others out of their money. The proliferation of advanced and easily accessible generative AI tools in recent years has made such nefarious activity exponentially easier. Also: Meet ChatGPT agent,

Jack Dorsey pumps $10M into a nonprofit focused on open source social media

Twitter co-founder and Block CEO Jack Dorsey isn’t just vibe coding new social apps, like Bitchat and Sun Day; he has also invested $10 million in an effort to fund experimental open source projects and other tools that could ultimately transform the social media landscape. These efforts are funneled through an online collective called “and Other Stuff,” formed in May, whose team includes Dorsey; Twitter’s first employee, Evan Henshaw-Plath; “Calle,” creator of the e-cash platform Cashu; Alex G

Jack Dorsey backs an open-source development collective with $10 million

Jack Dorsey has been back in the news lately after unveiling a pair of new apps he worked on, Bluetooth-based messenager Bitchat and UV exposure tracker Sun Day . The Block CEO put those together under the auspices of a new development collective called "and Other Stuff," a nonprofit that he is backing with a $10 million cash injection through his StartSmall foundation , as TechCrunch reports. The group plans to work on open-source projects, including ones that could become consumer social medi

Rejoy Health (YC W21) Is Hiring

About Us Rejoy Health provides an AI-powered medical search platform designed for clinicians, enabling them to ask complex medical questions and receive accurate, evidence-based answers with cited sources. Job Description As a Software Engineer at Rejoy, you'll work on: Building and scaling backend systems for our AI medical search engine Developing APIs and services that power clinician-facing web app Collaborating with ML engineers to integrate NLP/LLM models into production Designing p

The New Intern on Wall Street Is an AI, and It’s Already Taking Jobs

The transformation underway in finance should give pause to anyone who still thinks artificial intelligence is a distant threat. On July 15, Wall Street met its most overqualified and tireless intern. AI safety and research company Anthropic, a chief rival to OpenAI, unveiled its new “Financial Analysis Solution,” an enhanced version of its Claude AI assistant designed to take over the research, modeling, and compliance grunt work that finance teams typically rely on junior analysts to perform.

Jack Dorsey pumps $10 million into a nonprofit focused on open-source social media

Twitter co-founder and Block CEO Jack Dorsey isn’t just vibe-coding new social apps, like Bitchat and Sun Day, he has invested $10 million in an effort to fund experimental open source projects and other tools that could ultimately transform the social media landscape. These efforts are funneled through an online collective called “and Other Stuff,” formed in May, whose team includes Dorsey; Twitter’s first employee, Evan Henshaw-Plath; “Calle,” creator of the e-cash platform Cashu; Alex Gleaso

Call of Duty cheaters complain after Activision launches new wave of mass-bans

Several players of the popular first-person shooter Call of Duty complained last week that they were permanently banned from the game for using a well-known cheat. Video game streamer ItsHapa wrote on X last week that Call of Duty players using ArtificialAiming, a cheat provider of more than 19 years, were the targets of a “massive wave of permabans,” referring to bans that cannot be reversed, which prevents cheaters from creating new accounts. The streamer also posted a series of screenshots f

Over Half of Teens Regularly Use AI Companions. Here's Why That's Not Ideal

Is your teen using a chatbot for companionship? If you don't know, you might want to ask. Common Sense Media released a study on Wednesday, in which it found that more than half of pre-adult teenagers regularly use AI companions. Nearly a third of the teens reported that conversations with AI were as satisfying as conversations with actual humans, if not more so. Researchers also found that 33% of teens use AI companions such as Character.AI, Nomi and Replika "for social interaction and relatio

Today's AI Appreciation Day Feels Weird. Celebrate These Other Made-Up Holidays Instead

July 16 is AI Appreciation Day. So break out the champagne for ChatGPT! Bring gifts of Nvidia chips and cake for Gemini and flowers and training data for Claude. Meta AI has had a particularly rough year, so when you're forced to use it on Instagram, make sure it feels your love. Think that sounds ridiculous? Same. But like most things when it comes to AI, today's Appreciation Day is unbelievably stupid, in a way that's totally on brand. If you've never heard of AI Appreciation Day, don't feel