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June 3, 2025, 9:20 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, Reuters, Business Today, 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, @mergesort.me, @anildash.com, @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
| Gregory Meyer / Financial Times: |
A look at Walmart's use of automation to grow sales without job creation, as analysts say its staff count raise questions about the future of US retail labor — Growth in ecommerce and automation sparks questions about future of retail sector's labour force| Financial Times: |
Sources: Xiaomi is among the Chinese companies most affected by new US chip design tool export rules, including 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| Richard Lawler / The Verge: |
Microsoft announces Windows changes in response to the EU's DMA for EEA users, including Edge not prompting users to set it as the default browser unless opened — Apparently only the Digital Markets Act can stop Bing from begging you to switch . … Microsoft's changes in response …
More: Windows Blog, Engadget, BetaNews, XDA Developers, PC Gamer, Silicon Republic, TechSpot, Tom's Guide, Tech Times, Neowin, Windows Central, and Thurrott
| Nilay Patel / The Verge: |
Q&A with Airbnb CEO Brian Chesky on Airbnb Experiences, its push into services, OpenAI, AI agents, making decisions at Airbnb, cutting PMs, Jony Ive, and more — Today, I'm talking with Airbnb CEO Brian Chesky. This is Brian's fourth time on the show, and he's one of my favorite guests … | 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
| 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
| Aisha Malik / TechCrunch: |
Adobe launches a Photoshop app for Android in beta for devices running Android 11 or later with 6GB+ of RAM, including core desktop features like layering — Android users can now download Photoshop for mobile. Adobe announced on Tuesday that it's releasing the beta version of its Android Photoshop app … | Chester Dawson / Bloomberg: |
Indeed says CEO Chris Hyams has stepped down, replaced by parent company Recruit Holdings CEO Hisayuki “Deko” Idekoba, who returns to the role after six years — Hisayuki ‘Deko’ Idekoba resumed the top job from Chris Hyams, who has stepped down.| Bloomberg: |
Huawei Pura X review: the ~$1,050, China-only clamshell is Huawei's first flagship running HarmonyOS 5, with novel ergonomics and an incomplete app ecosystem — Review: The clamshell device is the company's first flagship phone to launch with its new operating system to challenge iOS and Android.| 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: FinSMEs, Globes, and SiliconANGLE
| Miguel Salazar / New York Times: |
David Cope, a composer and algorithmic composition pioneer who developed a program in the 1980s to write music in the style of Bach and others, died at age 83 — His EMI algorithm, an early form of artificial intelligence that he developed in the 1980s, prompted searching questions about the limits of human creativity.| Mishaal Rahman / Android Authority: |
Google says it 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, WinBuzzer, Android Police, Thurrott, The Verge, 9to5Google, TechIssuesToday.com, Tech in Asia, The Hans India, Tech Times, Pocket-lint, Android Headlines, WebProNews, and Phone Scoop. Forums: r/technology
| David Streitfeld / New York Times: |
After Google lost two US antitrust cases in the past year, a look at critics' claims that a breakup might be better for investors, customers, and innovation — Google has lost two important antitrust cases in the past year. Its search business is threatened, and its stock is stalled.| Michael Acton / Financial Times: |
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