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Techmeme
June 3, 2025, 1:20 PM
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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 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.
Andy Robinson / Video Games Chronicle:
Nintendo says it didn't send any Switch 2 review units to outlets as “important features and updates” will only be available via an update on its June 5 launch  —  NINTENDO'S DECISION NOT TO FACILITATE PRE-LAUNCH SWITCH 2 REVIEWS IS DISAPPOINTING NEWS FOR EVERYONE
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
Catherine Perloff / The Information:
How AppLovin, which lets advertisers use IP addresses to track users, began eroding Google's ad market share and pushed Google to loosen its privacy stance  —  In 2023, Google ad executives noticed something alarming about one aspect of their business.  Once-red hot revenue growth …
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 …
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 …
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
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 …
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
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
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.

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This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, June 3, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Associated Press:
A US district court judge agrees to permanently block the Trump administration from implementing an executive order to end federal funding for NPR and PBS

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Qassim Abdul-Zahra / Associated Press:
Iraqi officials say a US journalist was kidnapped in Baghdad and security forces are looking for her captors; one outlet identified her as Shelly Kittleson

More News

Bloomberg:
Meta agrees to buy power from Constellation Energy's Illinois nuclear plant, signing a 20-year deal that starts in mid-2027 when a 10-year state subsidy expires

Earlier Picks

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
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 is prioritizing an ultralight Horizon OS headset with a compute puck for 2026 and likely won't ship a new traditional form factor Quest until 2027
Maya Goldman / Axios:
The US FDA debuts an agencywide generative AI tool to help scientific reviewers and others streamline 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
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