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June 11, 2025, 5:00 PM
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Sara Fischer / Axios:
Filing: Disney and NBCUniversal sue Midjourney in California, accusing it of direct and secondary copyright infringement; they say talks with Midjourney failed  —  Disney and NBCUniversal have teamed up to sue Midjourney, a generative AI company, accusing it of copyright infringement …
Wall Street Journal:
Sources: X used threats of lawsuits and pressure tactics to push companies like Amazon, Ralph Lauren, and Verizon to resume buying ads on the site; it worked  —  Elon Musk and CEO Linda Yaccarino launched a campaign to strong-arm advertisers back onto the platform
Sharon Goldman / Fortune:
Researchers find the first known “zero-click” attack on an AI agent; the now-fixed flaw in Microsoft 365 Copilot would let a hacker attack a user via an email  —  Microsoft 365 Copilot, the AI tool built into Microsoft Office workplace applications including Word, Excel, Outlook …
Ben Hylak / Latent.Space:
OpenAI's o3-pro is much smarter than o3 and amazing at using tools, but the model requires a lot of context to run well and without enough it tends to overthink  —  OpenAI dropped o3 pricing 80% today and launched o3-pro.  Ben Hylak of Raindrop.ai returns with the world's first early review.
Takashi Mochizuki / Bloomberg:
Nintendo says it sold 3.5M+ Switch 2s globally in the console's first four days, a record for any of its hardware; Nintendo aims to sell 15M units by March 2026  —  Samsung's Galaxy S25 Edge Shows the Limits of Impressively Thin Phones … Explainers
Emanuel Maiberg / 404 Media:
The Wikimedia Foundation pauses an experiment that showed Wikipedia users AI-generated summaries at the top of some articles, following an editor backlash  —  The Wikimedia Foundation, the nonprofit organization which hosts and develops Wikipedia, has paused an experiment …
Emily Mason / Bloomberg:
Stripe has agreed to acquire Privy, which helps companies build crypto wallets into their user experiences; Privy was last valued at $230M in March 2025  —  Terms of the transaction weren't disclosed.  —  Privy helps companies build crypto wallets into their user experiences.
Sam Schechner / Wall Street Journal:
Mistral AI CEO Arthur Mensch says European companies and governments increasingly want non-US AI tools, and Mistral is on track to pass $100M in annual revenue  —  The AI developer says European customers are seeking independence from Silicon Valley, leading it to build a new Nvidia-powered facility near Paris
Bloomberg:
Nvidia unveils projects to bolster AI infrastructure across Europe, including expanding its Mistral partnership to use local AI computing, at VivaTech in Paris
New York Times:
Elon Musk says “I regret some of my posts about President Trump last week. They went too far”; last week, Trump said he had no desire to repair the relationship  —  President Trump and Elon Musk traded social media barbs last week.  Mr. Trump has said that he has no interest …
Bloomberg:
President Trump says a trade framework with China “is done, subject to final approval with President Xi and me”, and the US' tariff rate would be 55% “total”  —  President Donald Trump said a trade framework with China has been completed, with Beijing supplying rare earths and magnets …
David Pierce / The Verge:
The Browser Company launches Dia, a macOS browser in beta for Arc users based around an AI chat sidebar that can access tabs, history, and logged-in sites  —  Dia, the new browser from The Browser Company, is almost nothing like the company's last product.  That app, Arc, was a total rethink …
Stewart Clarke / Deadline:
Amazon MGM Studios says it will have a $1B slate in 2026 and release 20 movies; 10 will have theatrical runs and will not be exclusive to Prime Video thereafter  —  Amazon MGM Studios Distribution said it will bring a $1B slate to market in 2026 and, unlike in the earlier days of original films …
See also Mediagazer
Emma Roth / The Verge:
HP unveils the HP Dimension, the first hardware built with Google's 3D video conferencing tech, featuring a 65" light field display, launching in 2025 for $25K  —  The HP Dimension is the first device using Google's 3D video conferencing technology.
Daniel Kuhn / The Block:
Polygon co-founder Sandeep Nailwal is named CEO of the Polygon Foundation after the departure of Mihailo Bjelic, and unveils changes to streamline the nonprofit  —  - Polygon co-founder Sandeep Nailwal is stepping up as CEO of the Polygon Foundation following the recent departure of Mihailo Bjelic.
Reed Albergotti / Semafor:
Memo: Google appoints a new chief AI architect, DeepMind CTO Koray Kavukcuoglu, who will coordinate future AI-powered product development  —  THE SCOOP  —  Google is putting a new executive in charge of coordinating future AI-powered product development, according to a company memo from CEO Sundar Pichai that was reviewed by Semafor.
More: Reuters and CNBC
Ryan Browne / CNBC:
Meta launches V-JEPA 2, an open-source AI “world model” to understand and predict 3D environments and object movements, to help robotics and self-driving cars  —  Meta on Wednesday announced it's rolling out a new AI “world model” that can better understand the 3D environment and movements of physical objects.
Zoe Kleinman / BBC:
Will Cathcart says WhatsApp plans to support Apple's legal case against the UK Home Office over an encryption backdoor, which “could set a dangerous precedent”  —  WhatsApp is planning to support Apple in its legal action against the UK Home Office over user data privacy, BBC News has learnt.
Jordan Novet / CNBC:
Oracle Q4: revenue up 11% YoY to $15.9B, vs. $15.59B est., cloud revenue up 27% YoY, signals strong cloud infrastructure revenue growth; ORCL up 6%+ after hours  —  Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates …
Catherine McGrath / Fortune:
London-based OneBalance, which lets developers integrate crypto features into their apps, raised a $20M Series A led by Cyber Fund and Blockchain Capital  —  Ankit Chiplunkar, Stephane Gosselin, and Daniel Worsley cofounded OneBalance in 2024.  —  Felicia Sewerinsson
Ari Levy / CNBC:
Elon Musk says Tesla's robotaxi service will tentatively begin on June 22 in Austin, with the first autonomous delivery of a car to a customer's home on June 28  —  - Tesla CEO Elon Musk said in a post on X on Tuesday that Tesla robotaxi rides in Austin, Texas, are ‘tentatively’ set to begin June 22

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From Mediagazer

CNBC:
Letter: Paramount expresses concern to WBD about the “fairness and adequacy” of the sales process, accusing WBD of favoring Netflix's offer

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

More News

Earlier Picks

Financial Times:
Sources: Peter Thiel-backed crypto exchange Bullish confidentially files for a US IPO, as demand for digital assets surges under the Trump administration
Nelson Aguilar / CNET:
Google rolls out Android 16 to Pixels with live lock screen notifications, and a broader update to add more AI to Google Photos, custom group chats, and more
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