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June 3, 2025, 8:50 AM
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memeorandum
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| Cheng Ting-Fang / Nikkei Asia: |
TSMC CEO C.C. Wei says TSMC expects a record profit in 2025 despite geopolitical, tariff, and FX risks, and confirms it is not building a fab in the Middle East — HSINCHU, Taiwan — Taiwan Semiconductor Manufacturing Co. on Tuesday said it expects to log a record profit … | Debby Wu / Bloomberg: |
TSMC CEO C.C. Wei blames worsening traffic for delays in adding a second plant in Japan, and reaffirms plans to spend $100B in Arizona over the next five years — Wei reaffirmed a commitment to spend another $100 billion ramping up manufacturing in Arizona over the next half-decade.
More: Verdict, Fortune, The Japan Times, and Benzinga
| Bloomberg: |
Sources: Elon Musk is selling $5B in xAI debt at a double-digit interest rate via Morgan Stanley, with demand already over $3.5B and commitments due by June 17 — Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series … | Maxwell Zeff / TechCrunch: |
More: The Economic Times, Neuralink Blog, Business Today, Reuters, Maginative, Cryptopolitan, Nairametrics, Tech in Asia, SiliconANGLE, CNBC, and Bloomberg
X: @neuralink, @neuralink, and @mignano
| Financial Times: |
More: New York Times, Benzinga, Proactive, StrictlyVC, Semafor, PYMNTS.com, WinBuzzer, The Information, Reuters, TechCrunch, The Irish Times, and Capital Brief
Bluesky: @hyperlexic, @conorsen, @niedermeyer.online, @agusnox, and @davelee.me
X: @tanarrowz and @luke_metro
| Thomas Ptacek / Fly: |
A software developer explains how LLMs, especially AI agents, help automate tedious coding tasks and addresses concerns like hallucinations, job loss, and more — Tech execs are mandating LLM adoption. That's bad strategy. But I get where they're coming from.
More: Forbes, Simon Willison's Weblog, and InfoWorld
Bluesky: @bell.bz, @anildash.com, @mergesort.me, @jacky.wtf, @ernie.tedium.co, @ernie.tedium.co, @simonwillison.net, @macwright.com, and @jcoglan. Mastodon: @baldur@toot.cafe
X: @mitchellh, @tqbf, and @patio11
Forums: Hacker News, r/artificial, r/programmingcirclejerk, and Lobsters
| Reuters: |
Microsoft, Google, CrowdStrike, and Palo Alto Networks plan to create a public glossary of state-sponsored hacking groups to ease unofficial alias confusion — Microsoft, CrowdStrike, Palo Alto (PANW.O) and Alphabet's (GOOGL.O) Google on Monday said they would create a public glossary …
More: Microsoft Security Blog, CrowdStrike, Microsoft Learn, SC Media, Neowin, Cyber Security News, WinBuzzer, SiliconANGLE, Cybersecurity Dive, The Hacker News, Cyber Daily, BetaNews, and BleepingComputer
Bluesky: @dannypalmer, @selenalarson, @ericjgeller.com, and @kimzetter
Forums: r/cybersecurity and Slashdot
| Richard Lawler / The Verge: |
Microsoft announces new Windows changes in response to the EU's DMA for EEA users, including Edge not prompting users to set it as the default unless opened — Apparently only the Digital Markets Act can stop Bing from begging you to switch . … Microsoft's changes in response …
More: Windows Blog, BetaNews, XDA Developers, PC Gamer, Silicon Republic, TechSpot, Tom's Guide, Windows Central, Tech Times, Neowin, and Thurrott
| Cristina Criddle / Financial Times: |
AI pioneer Yoshua Bengio launches LawZero, a nonprofit focused on safer AI; LawZero has raised nearly $30M from donors including Skype co-founder Jaan Tallinn — Turing Award winner launches LawZero not-profit for safer AI, while warning recent models display dangerous characteristics
More: Axios, Time, The Guardian, Bloomberg, and Tech in Asia
Bluesky: @eicathomefinn and @jjaron
X: @winwood66, @starcourse, and @dineshgovender
| Gregory Meyer / Financial Times: |
A look at Walmart's use of automation to grow sales without adding staff, as analysts say its efforts raise questions about the future of US retail labor — Growth in ecommerce and automation sparks questions about future of retail sector's labour force — Roula Khalaf, Editor of the FT … | Financial Times: |
Sources: Xiaomi is among the Chinese tech companies most impacted by new US chip design export rules, affecting its new 3nm mobile chip made by TSMC in Taiwan — Companies may struggle to manufacture silicon in Taiwan with export controls preventing updates to design tools| New York Times: |
Sources: the FTC is investigating whether roughly a dozen US advertising and advocacy groups violated antitrust law by coordinating boycotts among advertisers — The regulator is looking into whether roughly a dozen groups violated antitrust law by coordinating boycotts among advertisers.
More: Bloomberg and HotAir
Bluesky: @karlbode.com, @carnage4life, @emptywheel, @i-hate-acronyms, @kenvogel, @democratswin, @ernie.tedium.co, @paleofuture, @jessehawken, @hypervisible, @mtsw, and @mmasnick. Mastodon: @dangillmor@mastodon.social
| Chester Dawson / Bloomberg: |
Indeed says CEO Chris Hyams is stepping down, replaced by parent Recruit Holdings CEO Hisayuki “Deko” Idekoba, who is returning to the role after six years — Hisayuki ‘Deko’ Idekoba resumed the top job from Chris Hyams, who has stepped down. Idekoba will also continue running … | Steven Scheer / Reuters: |
Israeli startup Zero Networks, which aims to prevent ransomware and other cyberattacks, raised $55M led by Highland Europe, taking its total funding to $100M+ — Israeli cyber security startup Zero Networks said on Tuesday it raised $55 million in a mid-stage private funding round …
More: it and SiliconANGLE
| Mishaal Rahman / Android Authority: |
Google is ending PayPal account integration in Google Wallet for US users, effective June 13, after stopping new PayPal account linking in April 2025 — Later this month, Google Wallet will no longer let users in the U.S. use their PayPal account for payments
More: PCMag, Thurrott, Android Police, The Verge, 9to5Google, TechIssuesToday.com, Tech in Asia, The Hans India, Tech Times, Pocket-lint, Android Headlines, WebProNews, and Phone Scoop. Forums: r/technology
| Tim Starks / CyberScoop: |
Cynthia Kaiser, the FBI's ex-deputy assistant director leading cyber policy, intel, and engagement, is leaving to join cybersecurity company Halcyon as SVP — The 20-year bureau pro wants to see what it's like to fight ransomware from the private sector. — Learn more.
More: Halcyon Tech, Inc and Nextgov/FCW
| Michael Acton / Financial Times: |
Alphabet offers to spend $500M+ over ten years to rebuild its global compliance structure, in a settlement proposal for an antitrust lawsuit from shareholders — Latest move comes as tech giant is attacked on multiple legal fronts that threaten its break-upSponsor Posts
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