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Techmeme
June 3, 2025, 7:30 AM
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Top News

Cheng Ting-Fang / Nikkei Asia:
TSMC CEO C.C. Wei says TSMC expects 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 for 2025 despite uncertainties brought …
Bloomberg:
Sources: Elon Musk is selling $5B in debt for xAI at a double-digit interest rate, with demand already exceeding $3.5B; Morgan Stanley is shopping the debt  —  Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across …
Maxwell Zeff / TechCrunch:
Elon Musk's Neuralink raised a $650M Series E from ARK, Founders Fund, G42, Human Capital, Sequoia, Thrive, and more, and was reportedly valued at $9B pre-money
Financial Times:
Sources: xAI is launching a $300M secondary stock offering that values Elon Musk's AI company at $113B, allowing staff to sell shares to new investors
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.
Reuters:
Microsoft, Google, CrowdStrike, and Palo Alto plan a public glossary of state-sponsored hacking groups to ease confusion over the spread of unofficial aliases  —  Microsoft, CrowdStrike, Palo Alto (PANW.O) and Alphabet's (GOOGL.O) Google on Monday said they would create a public glossary …
Cristina Criddle / Financial Times:
AI pioneer Yoshua Bengio launches LawZero, a nonprofit focused on safer AI; LawZero has raised $30M in donations, including from Skype co-founder Jaan Tallinn  —  Turing Award winner launches LawZero not-profit for safer AI, while warning recent models display dangerous characteristics
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 …
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.
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
Belle Lin / Wall Street Journal:
Snowflake agrees to acquire Crunchy Data, a cloud-based database service that helps businesses and government agencies use PostgreSQL, a source says for ~$250M  —  The cloud data company aims to attract customers who want to build their own artificial intelligence agents
Washington Post:
Analysis: since his inauguration, President Trump posted 2,262 times on Truth Social in 132 days, 3x+ the volume of tweets in the same period of his first term  —  In his current term, the influencer-in-chief has left his own record for social media missives in the dust.  He posts day and night.
More: MSNBC
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-up

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This is a Techmeme archive page. It shows how the site appeared at 7:30 AM ET, June 3, 2025.

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From Mediagazer

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”; earlier CBS aired the Kennedy Center Honors, hosted by Trump

Zachary Leeman / Mediaite:
White House deputy chief of staff Stephen Miller calls for CBS staff who “revolted” over Bari Weiss' decision to postpone 60 Minutes' CECOT segment to be fired

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

More News

Belle Lin / Wall Street Journal:
Netic, which sells an AI platform that helps home services firms automate client outreach and handle calls, raised $20M from Greylock, Founders Fund, and others

Earlier Picks

David Heaney / UploadVR:
Sources: Meta prioritizes an ultralight Horizon OS headset with a compute puck for 2026, and may not ship a new Quest with a traditional form factor until 2027
Maya Goldman / Axios:
The FDA debuts an agency-wide AI tool meant to help scientific reviewers and others streamline their work and, soon, to find high-priority inspection targets
Sarah Perez / TechCrunch:
X aims to roll out an “XChat” messaging feature “with encryption, vanishing messages and the ability to send any kind of file” to all users this week
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