Techmeme: 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 (Cheng Ting-Fang/Nikkei Asia)

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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 …

More: Reuters, HotHardware, Tom's Hardware, Wall Street Journal, Barron's Online, PC Gamer, Tech in Asia, Proactive, Cryptopolitan, Benzinga, and DigiTimes

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: Benzinga, MacDailyNews, Fortune, Verdict, The Japan Times, and TechSpot

Thomas Ptacek / Fly:

A software developer explains how AI agents help automate tedious coding tasks, and addresses concerns like hallucinations, job losses, mediocre code, and more — Tech execs are mandating LLM adoption. That's bad strategy. But I get where they're coming from.

More: Forbes and Simon Willison's Weblog

Bluesky: @tyler.thesummit.dev, @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/programmingcirclejerk, r/artificial, and Lobsters

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

More: The Grocer. Bluesky: @carnage4life

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: Metacurity, Microsoft Security Blog, Microsoft Learn, CrowdStrike, WebProNews, CSO, SC Media, Neowin, BleepingComputer, Cyber Security News, WinBuzzer, SiliconANGLE, Cybersecurity Dive, The Hacker News, Cyber Daily, and BetaNews

Bluesky: @dannypalmer, @selenalarson, @ericjgeller.com, and @kimzetter

X: @arekfurt, @msftsecintel, and @cyb3rops. LinkedIn: Vicky Ray

Forums: r/cybersecurity and Slashdot

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

More: Tom's Hardware and Hürriyet Daily News

X: @wmhuo168, @wmhuo168, and @wmhuo168

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 …

More: Fortune, SiliconANGLE, Tech in Asia, StrictlyVC, WinBuzzer, The Economic Times, Cryptopolitan, TESLARATI, PYMNTS.com, Reuters, The Information, Australian Financial Review, and Financial Times

Bluesky: @rlux.nyc, @hyperlexic, @conorsen, and @niedermeyer.online. X: @kparpiani

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

More: Neuralink Blog, The Economic Times, Maginative, Cryptopolitan, Nairametrics, Tech in Asia, Business Today, Reuters, Becker's Hospital Review, SiliconANGLE, CNBC, and Bloomberg

X: @neuralink, @neuralink, and @mignano

Nilay Patel / The Verge:

Q&A with Airbnb CEO Brian Chesky on Airbnb Experiences, launching new 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 …

Bluesky: @roqueig and @mhwilliams

Aisha Malik / TechCrunch:

Adobe launches Photoshop for Android in beta for devices running Android 11 or later with 6GB+ of RAM, offering tools like layers, masks, and Generative Fill — Android users can now download Photoshop for mobile. Adobe announced on Tuesday that it's releasing the beta version …

More: 9to5Google, The Adobe Blog, Thurrott, Android Police, PCMag, PhoneArena, TechSpot, Android Authority, nextpit, WinBuzzer, and BGR

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: Bloomberg, Axios, Fortune, Time, Axios, HPCwire, Verdict, The Guardian, and Tech in Asia

Bluesky: @eicathomefinn and @jjaron

X: @winwood66, @starcourse, and @dineshgovender

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: ZDNET, Engadget, KnowTechie, TechSpot, PCMag, Android Police, WinBuzzer, The Verge, 9to5Google, Thurrott, TechIssuesToday.com, Tech in Asia, The Hans India, Tech Times, Pocket-lint, Android Headlines, WebProNews, and Phone Scoop. Forums: r/technology

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, BetaNews, Engadget, XDA Developers, PC Gamer, Tom's Guide, TechSpot, Tech Times, Silicon Republic, Neowin, Windows Central, and Thurrott

Bluesky: @wavesblog. Mastodon: @jon@social.vivaldi.net. X: @theescapistspl1. Forums: r/technology and Slashdot

Kate Park / TechCrunch:

Dublin-based cross-border payment startup NomuPay raised a $40M Series C at a $290M valuation, following a $37M Series B at a ~$200M valuation in January 2025 — As global trade evolves, there's an increasing demand for diverse cross-border payment options.

More: Tech.eu, FinSMEs, and Finextra

Politico:

Pornhub's parent company plans to stop serving adult content in France as soon as June 4, in protest of government measures forcing it to verify visitors' ages — Porn industry giant protests Paris' measures to verify the age of users. — This article is also available in: French

More: Euractiv and Le Monde

See also Mediagazer

Tim Starks / CyberScoop:

Cynthia Kaiser, the FBI's former deputy assistant director leading cyber policy, intel, and engagement, left to join cybersecurity company Halcyon as an 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

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.

More: TechCrunch. LinkedIn: Chris Hyams

Kate Park / TechCrunch:

Tel Aviv-based Speedata, which is designing analytics processing units for big data workloads, raised a $44M Series B and aims to showcase its first APU in June — Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads …

More: CTech

Gina Narcisi / CRN:

Ciroos.AI, whose AI-powered site reliability engineering tool built on MCP and A2A helps businesses automate operations, emerges from stealth and raised $21M — Founded by a deep bench of tech talent, including former Cisco, AWS and Gigamon execs, Ciroos.AI is launching with $21 million raised …

More: FinSMEs, SiliconANGLE, and Constellation Research

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.

Dina Bass / Bloomberg:

Broadcom begins shipping its Tomahawk 6 data center switch chips, which it says can perform the work of six previous-gen chips, to improve GPU utilization rates — Data center switch will let customers get more from their Nvidia processors — Broadcom Inc. began shipping a new version …

More: Reuters, SiliconANGLE, Investor's Business Daily, Broadcom Inc., and Motley Fool

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.

More: Silicon UK, The Economic Times, Tech Monitor, and BMI. Mastodon: @timbray@cosocial.ca

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

More: Reuters, Tech Monitor, Ars Technica, The Wrap, Compliance Week, Android Headlines, WebProNews, Fortune, Tech in Asia, Cryptopolitan, PhoneArena, SiliconANGLE, Engadget, TipRanks Financial, AppleInsider, MarketWatch, and Bloomberg Law

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