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June 24, 2025, 11:00 AM
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Top News

Jason Schreier / Bloomberg:
Sources: Microsoft is planning a round of Xbox layoffs next week, with managers expecting substantial cuts, the fourth big layoff at Xbox in the past 18 months  —  The video-game division's latest round of layoffs is expected next week … Managers within Xbox are expecting substantial cuts across …
Jez Corden / Windows Central:
Microsoft and Meta unveil the $399 Meta Quest 3S Xbox Edition, a bundle with the $299 Meta Quest 3S in a new color, available in “extremely limited” quantities  —  Last year, Microsoft revealed it was working on an Xbox edition Quest VR headset with Meta of Facebook fame.
Google Developers Blog:
The Linux Foundation unveils the Agent2Agent project, with founding members including Google, Amazon, and Microsoft; Google donated the protocol spec and SDKs  —  Today at Open Source Summit North America, the Linux Foundation announced the formation of the Agent2Agent project with Amazon Web Services …
Financial Times:
The UK CMA proposes to designate Google with “strategic market status” in general search and search advertising under the new Digital Markets Competition Regime  —  Big Tech giant slams Competition and Markets Authority's plan as ‘punitive’ and risk to economic growth
Andrew J. Hawkins / The Verge:
Waymo launches robotaxis in Atlanta available exclusively in Uber's app, covering a 65-square-mile area excluding highways, after launching in Austin on March 4  —  Atlanta is the second city to host Uber and Waymo's burgeoning partnership. … Uber customers in Atlanta now have the option …
Bloomberg:
The NHTSA says it is investigating incidents of Tesla's robotaxis apparently violating traffic laws, like by entering opposite lanes, as seen on social media  —  The US National Highway Traffic Safety Administration is aware of the incidents that were captured in videos posted on social media …
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”
Nathan Lambert / Interconnects:
A look at 2025's AI models and what's next: OpenAI's o3 is a technical breakthrough, agents will improve randomly and in leaps, but scaling parameters will slow  —  Summer is always a slow time for the tech industry.  OpenAI seems fully in line with this, with their open model “[taking] …
Ben Thompson / Stratechery:
A look at the AI landscape and its impact on Apple, Google, Meta, Microsoft, and Amazon, as well as the foundation model makers, including OpenAI and Anthropic
Rebecca Szkutak / TechCrunch:
Eventual, which develops Daft, a Python-native open-source data processing engine, raised a $7.5M seed led by CRV and a $20M Series A led by Felicis Ventures  —  When Eventual founders Sammy Sidhu and Jay Chia were working as software engineers at Lyft's autonomous vehicle program …
Ryan Browne / CNBC:
Digital Asset, which builds the Canton Network, an open-source public blockchain for regulated financial institutions, raised $135M co-led by DRW and Tradeweb  —  Crypto company Digital Asset said Tuesday that it's netted $135 million in funding from a raft of major names in banking and finance.
Andy Greenberg / Wired:
Elliptic: Telegram-based crypto scam marketplaces like Tudou Guarantee have almost entirely filled the void left by Telegram banning the two biggest a month ago  —  Last month, Telegram banned black markets that sold tens of billions of dollars in crypto scam-related services.
Boone Ashworth / Wired:
Google, the Earth Fire Alliance, and Muon Space's FireSat aims to launch 52 satellites by 2029 to detect wildfires globally and will make the data accessible  —  A partnership with the nonprofit Earth Fire Alliance and satellite manufacturer Muon Space is giving Google a better shot at tracking wildfires …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, June 24, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Memo: PBS is cutting its current budget by 21% and reducing dues paid by local stations by $35M to deal with Congress' decision to eliminate ~$500M in funding

Raquel ‘Rocky’ Harris / The Wrap:
The LA Times Guild plans to hold its first-ever strike authorization vote as contract talks near their third year; the union lost about 200 members since 2022

Murray Stassen / Music Business Worldwide:
Sources: Chord Music Partners, a music rights investment vehicle, raised $2B+ so far in a round due to close in October; Searchlight Capital has invested $400M

More News

Freya Jones / Bloomberg:
Amazon says it plans to invest £40B in the UK economy over the next three years, including opening four new warehouses; Amazon invested £12B+ in the UK in 2023
Maxwell Zeff / TechCrunch:
Court filings from in-ear hardware device startup iyO's trademark dispute lawsuit against OpenAI detail OpenAI and io's efforts to build a mass-market AI device
Chris Welch / Bloomberg:
Samsung schedules its next Galaxy Unpacked event for July 9 at 10am ET in Brooklyn, where AI updates, the Galaxy Z Fold 7, and Galaxy Z Flip 7 are expected
Paul Thurrott / Thurrott:
Microsoft details Mu, an on-device small language model used in Copilot+ PCs to power the agent in Settings, mapping natural language queries to function calls
Larry Dignan / Constellation Research:
Salesforce launches Agentforce 3 with an observability tool called Command Center and MCP support, and says 8,000 customers have signed up to deploy Agentforce

Earlier Picks

Will Sattelberg / 9to5Google:
Samsung unveils the Exynos 2500 mobile chipset built on its 3nm GAA node, with a 10-core ARM CPU, an AMD RDNA 3-based GPU, and up to 59 TOPS of NPU performance
Wired:
Filing: Elon Musk's lawyers say he “does not use a computer” after OpenAI accused Musk of not complying with the discovery process in his lawsuit against OpenAI
Emily Mason / Bloomberg:
Fiserv aims to launch its own stablecoin by the end of 2025 and partners with PayPal and Circle to develop new products for financial institutions and merchants
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
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”
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