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June 12, 2025, 11:40 PM
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Top News

Maxwell Zeff / TechCrunch:
Google Cloud suffered an outage on Thursday, affecting many of its customers; Cloudflare, Spotify, Discord, Snapchat, and others experienced service disruptions  —  Large swaths of the internet went down on Thursday, affecting a range of services, from global cloud platform Cloudflare to popular apps like Spotify.
Mark Gurman / Bloomberg:
Sources: Apple has set an internal release target of spring 2026 for its delayed upgrade of Siri, as part of an iOS 26.4 software update  —  Apple Inc. has set an internal release target of spring 2026 for its delayed upgrade of Siri, marking a key step in its artificial intelligence turnaround effort.
Amanda Silberling / TechCrunch:
The public feed of the Meta AI app is filled with private and sensitive information, suggesting users might not be aware they are sharing their chats publicly  —  It sounds like the start of a 21st century horror film: Your browser history has been public all along, and you had no idea.
Bloomberg:
Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B  —  Meta said Thursday that it has backed Scale, without including details.  The size of the investment was $14.3 billion, according to a person familiar with the matter.
Tanaya Macheel / CNBC:
Coinbase announces its first branded credit card, in partnership with American Express, for Coinbase One US users, and creates a lower-cost Basic subscription  —  Coinbase on Thursday introduced its first branded credit card in partnership with American Express.
CoinDesk:
Shopify partners with Coinbase to enable USDC payments for its merchants through Coinbase's Base layer-2 network, starting with a limited group of merchants  —  The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.
MacKenzie Sigalos / CNBC:
Chime shares jumped 37% in their Nasdaq debut on Thursday, closing at $37.11 and giving the company a market cap of $13.5B  —  Chime shares jumped 37% in their Nasdaq debut on Thursday after the provider of online banking services sold shares in an IPO that valued the company at $11.6 billion.
Justine Calma / The Verge:
Google is working with the US National Hurricane Center to test an AI model that forecasts cyclones, and launches Weather Lab to share its AI weather models  —  It's working with the US National Hurricane Center to test out its new AI-based tropical cyclone model.
Aisha Malik / TechCrunch:
Instagram plans to let users rearrange their grid, a first, and is testing a way for users to quietly post to their profile without it appearing in users' feeds  —  Instagram announced on Thursday that it will finally allow users to rearrange their grid, and is testing a way for users …
New York Times:
Internal docs: Fidelity, TPG, Sequoia, and others are buying ~$250M worth of shares in xAI under a tender offer valuing it at $113B; Fidelity is purchasing $20M  —  Two dozen venture capital firms and other investors are investing in xAI, the artificial intelligence and social media company.
Jeremy Fuster / The Wrap:
SAG-AFTRA's Interactive Media Agreement with game companies requires performers' informed consent for all planned AI use on their voice, likeness, and movements  —  Full text of the tentative agreement will be released June 18 for a ratification vote period that ends July 9
See also Mediagazer
Savyata Mishra / Reuters:
Mattel partners with OpenAI to create AI-powered toys and games, with the first product expected in 2025, and integrates ChatGPT Enterprise in its business  —  Mattel (MAT.O) has teamed up with OpenAI to develop toys and games with artificial intelligence, and expects to launch …
Lorenzo Franceschi-Bicchierai / TechCrunch:
A Citizen Lab report finds that two European journalists had their iPhones hacked with Paragon spyware; Apple fixed the zero-day used in the spyware in February  —  Researchers revealed on Thursday that two European journalists had their iPhones hacked with spyware made by Paragon.
Paul Alcorn / Tom's Hardware:
AMD unveils its new MI350X and MI355X GPUs for AI workloads, claiming up to 4x AI compute performance and 35x inference gains over the prior-gen MI300X  —  More power consumption equals lower TCO.  —  AMD unveiled its new MI350X and MI355X GPUs for AI workloads here at its Advancing AI 2025 event …
Emanuel Maiberg / 404 Media:
Meta sues Joy Timeline, which makes nudify app CrushAI, in Hong Kong to prevent it from advertising on Meta apps; in January, 90% of its traffic came from Meta  —  As part of what it claims is a new crackdown, Meta is suing a nudify app and “strengthening” its enforcement.
Natasha Mascarenhas / The Information:
Current and former employees of OpenAI have sold nearly $3B worth of shares in tender offers since 2021, with $1.5B+ going to SoftBank alone  —  My colleague Sri Muppidi broke the news Wednesday of OpenAI's latest fundraising talks as it seeks to raise an unprecedented $40 billion.
Bluesky: @edzitron.com
New York Times:
Sources: FTC is discussing a consent decree on the Omnicom-Interpublic merger, prohibiting the combined company from boycotting platforms over political content  —  The Federal Trade Commission is considering restrictions on Omnicom and Interpublic to prevent the combined company from refusing …

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This is a Techmeme archive page. It shows how the site appeared at 11:40 PM ET, June 12, 2025.

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From Mediagazer

The Guardian:
Report: CBS News is planning to hire prominent British Sky News broadcaster Trevor Phillips as a global correspondent; it's unclear what his remit would be

Janko Roettgers / The Verge:
Apple TV relies on a few tentpole titles to draw audiences, like HBO did in the past, while Netflix uses its catalog size and algorithms to keep viewers engaged

Sara Fischer / Axios:
Disney study: the Toy Story franchise has driven $16B in total revenue for the company over 30 years; nearly half of the revenue was generated domestically

More News

Zoe Kleinman / BBC:
The UK passes the Data (Use and Access) Bill, criticized by creatives, without an amendment to force companies to declare using copyrighted material to train AI

Earlier Picks

MIT Technology Review:
How Amsterdam's experiment to create a fair welfare AI model, which considered 15 characteristics to evaluate welfare applicants for potential fraud, failed
Cynthia Littleton / Variety:
A look at Apple's vision for Apple TV+ and its film business, as Tim Cook says the company's $200M+ bet on “F1 the Movie” is about more than selling iPhones
Andrew Cunningham / Ars Technica:
An interview with Craig Federighi on iPadOS 26's multitasking UI, Stage Manager's interface limitations, and why the iPad's Mac-style multitasking took so long
Bill Toulas / BleepingComputer:
An Interpol-led law enforcement action in 26 countries disrupted infostealer operations, leading to takedowns of 20K+ malicious IPs and domains and 32 arrests
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
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