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June 3, 2025, 8:50 AM
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memeorandum
WeSmirchTop News
| 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
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Stop re-entering Shopify order details in Zoho CRM — This is a guest blog from Xapplets (Zeeyes AI Inc).Here's a scene that plays out in many growing Shopify stores every day: a customer places an order …
Stop re-entering Shopify order details in Zoho CRM — This is a guest blog from Xapplets (Zeeyes AI Inc).Here's a scene that plays out in many growing Shopify stores every day: a customer places an order …
IDrive:
IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.
IDrive Autonomy: low-cost L2+ driver assistance with AI — L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.Featured Podcasts
Lenny's Podcast:
Why companies are becoming a series of loops | Anish Acharya (a16z)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
GPT-6 & OpenAI's Comeback, Hugging Face Attack Debate, Ballmer's Scandalous Legacy
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
The A.I. Mob That Attacked Hugging Face + METR's Ajeya Cotra
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Channels with Peter Kafka:
Data Centers, Elon Musk, and the New Politics of Tech, with David Weigel
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
Sam Altman on OpenAI's next model and the AI backlash
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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