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June 23, 2025, 8:55 AM
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memeorandum
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| 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 …
More: The Verge, TechCrunch, AppleInsider, The Guardian, PCMag, Business Insider, BGR, Neowin, Bloomberg Law, The Indian Express, The Mac Observer, Business Today, Android Authority, Digit, The Hans India, The Information, The Hindu, 9to5Mac, Cult of Mac, The Decoder, Benzinga, and Yahoo Finance
Bluesky: @timburks.me, @carnage4life, @edzitron.com, @quinnypig.com, @edzitron.com, @reckless, @jaapstronks.nl, and @hurty.net. Mastodon: @EshuMarneedi@mastodon.social
Threads: @joannastern and @eshumarneedi
X: @flowersslop, @markgurman, @openainewsroom, @garymarcus, @joannastern, @tomaxwell, @bearlyai, @mgsiegler, @kyliebytes, and @markgurman
Forums: r/technology, r/OpenAI, r/apple, and Slashdot
| Financial Times: |
Tesla's Austin robotaxi service gets a limited launch, with ~10 Model Y vehicles and safety drivers; Elon Musk says initial users will pay “a $4.20 flat fee” — Self-driving technology on which Elon Musk has staked the future of his company debuts in Texas
More: TechCrunch, Mashable, Edward Niedermeyer on YouTube, Barron's Online, Proactive, Dexerto, Moneycontrol, NDTV Profit, Benzinga, Cryptopolitan, Semafor, MarketWatch, UPI, Reuters, Yahoo Finance, The Independent, Bloomberg, Bloomberg Law, and NBC News
Bluesky: @carnage4life and @carnage4life
X: @elonmusk, @elonmusk, @sawyermerritt, @tesla_ai, @fredericlambert, @dirtytesla, @dirtytesla, @yammertime01, @signulll, @bradmunchen, @thomasslabbers, @dirtytesla, @heydave7, @djseo, @farzyness, @blkmdl3, @philduan, @elonmusk, and @dimazeniuk. Forums: Hacker News
| Reuters: |
Texas enacts legislation requiring a DMV permit to operate self-driving vehicles, effective from September 1, as Tesla launches its robotaxi trial in Austin — Texas Governor Greg Abbott, a Republican, has signed legislation requiring a permit to operate self-driving vehicles …
More: The Verge, Engadget, Benzinga, Automotive News, CBT News, New Atlas, Washington Post, Axios, Tech Times, Pulse 2.0, The Hans India, Bloomberg, Watcher Guru, New York Times, NewsMax.com, Fox Business, The Guardian, Associated Press, Cryptopolitan, Barron's Online, and InsideEVs
X: @sawyermerritt, @zacksjerryrig, @mayemusk, and @tobimuelhauser
Forums: r/technology and Slashdot
| Bloomberg: |
The Senate parliamentarian rules that a Republican effort to block 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, The Stack, U.S. Senate Committee …, Politico, PYMNTS.com, Laptop Mag, Mashable, Cryptopolitan, Fox News, Tech Policy Press, The Guardian, Axios, and CNN
Bluesky: @carnage4life and @hypervisible
Forums: r/PoliticalOptimism, r/technology, and r/neoliberal
| Jack Buehrer / The Verge: |
The music industry is developing tools to detect AI-generated music across the music pipeline, focusing on proactive 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.| 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| 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| Kevin Draper / New York Times: |
How Walmart, seeking to compete with e-commerce rivals like Amazon, built a multibillion-dollar HQ in Bentonville, aiming to attract workers and woo shoppers — The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items …
More: PYMNTS.com
| Mark Gurman / Bloomberg: |
A look at Apple's conservative M&A strategy, which may need to change to catch up in AI by acquiring Perplexity AI, Cohere, Sierra AI, Databricks, or Mistral AI — Apple will need to make the biggest acquisition in its history to put an end to its artificial intelligence debacle.
More: MacRumors, iDownloadBlog.com, Axios, Spyglass, Digital Trends, DNA India, Parker Ortolani, Tech Times, Gizchina.com, Philip Elmer‑DeWitt, 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, @rwang07, @markgurman, and @ejzim
Forums: r/MediaMergers, r/apple, r/artificial, r/perplexity_ai, r/technology, r/BetterOffline, and MacRumors Forums
| 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.| Walter Frick / Bloomberg: |
A look at Silicon Valley's “botscaling” era, where startups brag about high revenue per employee and low headcount, after “blitzscaling” from 2012 to 2023 — Startups used to brag about valuations and venture capital. Now AI is making revenue per employee the new holy grail.| New York Times: |
Study: only 32 countries, mostly in the Northern Hemisphere, host AI data centers, with the US, China, and the EU controlling 50%+ of the world's top facilities — Only 32 nations, mostly in the Northern Hemisphere, have A.I.-specialized data centers. — E.U. 28 — China — Other — Europe| Connie Loizos / TechCrunch: |
A profile of Katie Haun, a former federal prosecutor turned a16z partner who later founded Haun Ventures and believes the GENIUS Act will make stablecoins safer — In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad … | Financial Times: |
Sources: Revolut CEO Nik Storonsky could get a multibillion-dollar windfall if he steers the fintech's valuation to ~$150B, under an Elon Musk-style pay package — Nik Storonsky struck deal before SoftBank funding round that awards him more shares if valuation clears set hurdles
More: Finextra and The Guardian
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