Techmeme
June 3, 2025, 1:45 PM

Top News

Molly White / Citation Needed:
A website for “$TRUMP Wallet” launches, saying it is “The Official $TRUMP Wallet by President Trump” powered by NFT service Magic Eden, and opens a waitlist  —  New crypto trading and wallet application, created in partnership with Magic Eden, invites fans of President Trump to buy his memecoin
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
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 …
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  —  Constellation Energy Corp. agreed to sell power from an operating Illinois nuclear plant to Meta Platforms Inc. …
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:
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
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.
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

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New York Times:
Belle Lin / Wall Street Journal:
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Belle Lin / Wall Street Journal: