Techmeme
June 23, 2025, 1:55 PM

Top News

Financial Times:
Reuters:
Barbara Moens / Financial Times:
Sources: Apple is locked in last-minute EU negotiations over App Store changes to avoid fines set for this week, and is expected to offer “steering” concessions  —  Tech group must make concessions to comply with Digital Markets Act or be hit by escalating levies from Thursday
Mark Gurman / Bloomberg:
OpenAI says it has removed all marketing materials announcing its $6.5B acquisition of Jony Ive's io from the web due to a “baseless” trademark dispute lawsuit  —  Social media users noticed Sunday that a video and website hosted by OpenAI that announced the artificial intelligence …
Antonio G. Di Benedetto / The Verge:
Google unveils new Gemini AI features, like select to search, for Chromebook Plus laptops like Lenovo's new $649+ 14" flagship with a MediaTek Kompanio Ultra  —  Features include select-to-search images and on-screen text, smart grouping of tabs and documents, and automated image editing.
MacKenzie Sigalos / CNBC:
Anthony Pompliano's ProCap raised $750M+, including $235M in convertible debt, and is going public via a SPAC; the new firm aims to hold up to $1B in bitcoin  —  The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in.
Jody Godoy / Reuters:
The FTC approves Omnicom's $13.5B acquisition of rival Interpublic on the condition that the new company does not boycott platforms over political content  —  Omnicom's (OMC.N) $13.5 billion acquisition of rival Interpublic (IPG.N) can move forward on the condition that the new company does …
Wall Street Journal:
Behind Mark Zuckerberg's sweeping recruitment effort for Meta's new 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
Anna Tong / Reuters:
Decagon, which offers AI-powered customer service agents for enterprises, raised a $131M Series C co-led by Accel and a16z at a $1.5B valuation  —  Decagon, a startup providing customer service solutions powered by artificial intelligence, said on Monday it had raised $131 million in a funding round that valued it at $1.5 billion.
Jez Corden / Windows Central:
Microsoft says it is testing a new aggregated gaming library in the Xbox PC app for Windows 11 with Xbox Insiders, integrating “leading PC storefronts”  —  Although the blog post doesn't say which PC stores are going to be integrated, at the very least, you'll be able …
Sahil Patel / The Information:
Sources: Google reduces its Google TV and Android TV budget by 10% and cuts Android TV and Google TV's ~300 employees by up to 25%, as it focuses on YouTube  —  Google has cut its smart TV budget and trimmed its team—marking the most concrete signs yet of the company's waning interest competing …
Andrew Solender / Axios:
Source: the US House's CAO informed congressional staffers that WhatsApp is now banned on their government devices as the app is deemed “a high-risk to users”  —  The U.S. House's chief administrative officer informed congressional staffers Monday that messaging app WhatsApp …
Emily Mason / Bloomberg:
Fiserv aims to launch its own stablecoin by 2025's end, and partners with PayPal and Circle to develop new products for financial institutions and merchants  —  Fiserv aims to have its FIUSD stablecoin available for customers by the end of the year, the firm said in a statement Monday.

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Alexandra Sternlicht / Fortune:

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