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June 23, 2025, 4:10 AM
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| Mark Gurman / Bloomberg: |
OpenAI says it has removed all marketing materials announcing its acquisition of Jony Ive's io due to a trademark dispute lawsuit — Social media users noticed Sunday that a video and website hosted by OpenAI that announced the artificial intelligence company's $6.5 billion acquisition …
More: The Verge, TechCrunch, The Hindu, Business Today, The Hans India, Bloomberg Law, The Mac Observer, Android Authority, Digit, The Indian Express, 9to5Mac, The Information, Cult of Mac, Benzinga, Business Insider, and Yahoo Finance
Bluesky: @timburks.me, @carnage4life, @jaapstronks.nl, @edzitron.com, @reckless, @quinnypig.com, @edzitron.com, and @hurty.net. Mastodon: @EshuMarneedi@mastodon.social
Threads: @joannastern and @eshumarneedi
X: @flowersslop, @markgurman, @garymarcus, @openainewsroom, @joannastern, @tomaxwell, @bearlyai, @mgsiegler, @kyliebytes, and @markgurman
Forums: Hacker News, r/technology, r/apple, r/OpenAI, and Slashdot
| Bloomberg: |
The Senate parliamentarian rules that a Republican effort blocking US states from enforcing AI laws for 10 years will remain in Trump's One Big Beautiful Bill — A Republican effort to block US states from enforcing new artificial intelligence regulations will remain in President Donald Trump's massive tax …
More: TechCrunch, U.S. Senate Committee …, Politico, Mashable, PYMNTS.com, Laptop Mag, Cryptopolitan, Tech Policy Press, Axios, and CNN
Bluesky: @hypervisible. X: @anthonyadragna, @amandarenteria, @mrddmia, @senmarkey, @americans4ri, and @neil_chilson
Forums: r/PoliticalOptimism, r/technology, and r/neoliberal
| Wall Street Journal: |
Behind Mark Zuckerberg's sweeping recruitment effort for Meta's Superintelligence lab, including hundreds of reach outs and $100M+ offers and counter offers — In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent
More: TechIssuesToday.com
| Walter Frick / Bloomberg: |
How AI is enabling a “botscaling” era in Silicon Valley, where companies achieve high revenue per employee with minimal headcount — Startups used to brag about valuations and venture capital. Now AI is making revenue per employee the new holy grail.| Mark Gurman / Bloomberg: |
A look at Apple's conservative approach to M&A, which may need to change to catch up in AI by acquiring a startup like Perplexity, Cohere, Sierra AI, or Mistral — Apple will need to make the biggest acquisition in its history to put an end to its artificial intelligence debacle.
More: Digital Trends, Tech Times, Parker Ortolani, MacRumors, MacStories, Forbes, PhoneArena, Philip Elmer‑DeWitt, Fortune, Engadget, and Fortune India
Bluesky: @hunterwalk.com. Mastodon: @macstories@mastodon …. Threads: @mwi.invest. X: @markgurman, @vilinskyy, @chatgpt21, @parkerortolani, @morqon, @markgurman, @rwang07, and @ejzim
Forums: r/MediaMergers, r/apple, r/artificial, r/perplexity_ai, r/technology, r/BetterOffline, and MacRumors Forums
| Jack Buehrer / The Verge: |
The music industry is developing tools to detect AI-generated music across the music pipeline, with a focus on licensing and control rather than takedowns — With no way to stop the onslaught of AI music, the industry is taking a different approach: figuring out how to make money off of it.
Forums: Slashdot
| Reuters: |
Texas enacts legislation, effective September 1, requiring a permit to operate self-driving vehicles, ahead of Tesla's planned robotaxi trial in Austin — Texas Governor Greg Abbott, a Republican, has signed legislation requiring a permit to operate self-driving vehicles just before Tesla's planned launch …
More: Engadget, The Hans India, Financial Times, Watcher Guru, The Guardian, Associated Press, Axios, Tech Times, UPI, Pulse 2.0, Bloomberg, Cryptopolitan, New York Times, NewsMax.com, Washington Post, Fox Business, Barron's Online, and InsideEVs
X: @sawyermerritt, @zacksjerryrig, @mayemusk, and @tobimuelhauser
Forums: r/technology and Slashdot
| Financial Times: |
Sources: Revolut CEO Nik Storonsky could get a multibillion-dollar payout if he drives the fintech's valuation to ~$150B, under an Elon Musk-style pay deal — Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles| Brian Kahn / Bloomberg: |
A look at BeeHome, an AI-powered robotic beehive developed by Beewise, which has raised ~$170M and helps reduce losses by monitoring colony health in real time — After 150 years without minimal innovation, the beehive is getting an upgrade that is making it easier to protect colonies and the crops that rely on them.| Lucas Shaw / Bloomberg: |
Inside Disney's plan to limit AI companies' use of its IP, which led Disney and Comcast to sue Midjourney; Disney is also in talks with companies like OpenAI — Disney's top lawyer says his lawsuit against Midjourney is just the first step in a plan to limit AI companies' use of the studio's most valuable characters.| Vince Dioquino / Decrypt: |
Texas becomes the third US state to approve a public crypto reserve, allowing direct purchases of assets averaging $500B+ in market cap over 24 months — Texas has become the third U.S. state to approve a public Bitcoin reserve, with new legislation allowing direct crypto purchases. — In brief
More: DL News, Bitcoin Insider, Bloomberg Law, The Crypto Times, ZyCrypto, NewsBTC, Cointelegraph, Crypto Briefing, CoinGape, and BeInCrypto
| Lauren Weber / Wall Street Journal: |
A US judge let an age-discrimination claim, focused on an application-screening algorithm, proceed as a collective action against HR software company Workday — After more than 100 unsuccessful job applications, Derek Mobley sued software firm Workday for discrimination, claiming its algorithm screened him out
Forums: r/recruitinghell
| Sujeet Indap / Financial Times: |
Wolfspeed, a NC-based chipmaker for EVs, says it made a deal with creditors to reduce its ~$6.5B debt in a bankruptcy package that nearly wipes out shareholders — Supplier to EV companies cites deal with creditors to reduce near $6.5bn debt by 70 per cent
More: Reuters and Triangle Business Journal
| Akash Sriram / Reuters: |
Austin-based private equity firm Haveli Investments agrees to acquire Couchbase, which offers a cloud database for AI applications, for about $1.5B — Haveli Investments will acquire Couchbase (BASE.O) for about $1.5 billion, the companies said on Friday, as the private equity firm looks …
More: Couchbase, Inc., SiliconANGLE, and Barron's Online
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