Techmeme
June 3, 2025, 10:00 AM

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:
Financial Times:
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:

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Earlier Picks

Belle Lin / Wall Street Journal:
David Heaney / UploadVR:
Maya Goldman / Axios:
Belle Lin / Wall Street Journal:
Sarah Perez / TechCrunch: