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Techmeme
June 3, 2025, 10:00 AM
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Top 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 …
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.
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:
Elon Musk's Neuralink raised a $650M Series E from ARK, Founders Fund, G42, Human Capital, Sequoia, Thrive, and others, reportedly at a ~$9B pre-money valuation
Financial Times:
Sources: xAI launches a $300M tender offer at a $113B valuation, validating xAI's price tag for when it acquired X in March 2025 and letting staff sell shares
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 …
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
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 …
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
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 …
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.
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.
Bloomberg:
Huawei Pura X review: Huawei's ~$1,050, China-only clamshell and first flagship to debut with HarmonyOS offers novel ergonomics but 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.
Michael Acton / Financial Times:
Alphabet offers to spend $500M+ over 10 years to rebuild its global compliance structure, in a settlement proposal for an antitrust lawsuit from shareholders

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This is a Techmeme archive page. It shows how the site appeared at 10:00 AM ET, June 3, 2025.

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From Mediagazer

CNBC:
Brendan Carr says Paramount's deal for WBD has “real consumer benefits” and is “cleaner” than Netflix's and that he expects it to be approved “pretty quickly”

Peter White / Deadline:
Banijay and RedBird IMI-owned All3Media announce a merger, creating a production giant with $8B in annual revenue, in a deal expected to close in H2

Isabella Gomez Sarmiento / NPR:
Opening statements begin for the antitrust trial against Live Nation, which is accused of unfairly wielding its power over concert promotion, venues, and more

More News

Earlier Picks

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
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
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
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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