Techmeme
June 26, 2025, 12:40 AM

Top News

Blake Brittain / Reuters:
A group of authors sue Microsoft in a NY federal court, claiming the company used nearly 200,000 pirated books without permission to train its Megatron AI model  —  Microsoft (MSFT.O) has been hit with a lawsuit by a group of authors who claim the company used their books without permission …
Isaiah Poritz / Bloomberg Law:
A US judge rules that Meta's use of books to train AI is protected by fair use but says his opinion is more a reflection of the plaintiffs' poor arguments  —  Meta Platforms Inc. escaped a first-of-its-kind copyright lawsuit from a group of authors who alleged the tech giant hoovered up millions …
Rebecca Bellan / TechCrunch:
Bill Toulas / BleepingComputer:
Report: French authorities arrested four individuals allegedly involved in operating the BreachForums cybercrime forum on Monday and one in February  —  The French police have reportedly arrested five operators of the BreachForum cybercrime forum, a website used by cybercriminals to leak …
Chris Dolmetsch / Bloomberg:
US prosecutors charge Kai West, who is known as IntelBroker and was arrested in February in France, with conspiring to steal data from dozens of companies  —  A 25-year-old British man known as “IntelBroker” was accused by US authorities of conspiring with a group of hackers to steal data …
MacKenzie Sigalos / CNBC:
FHFA Director William Pulte orders Fannie Mae and Freddie Mac to explore crypto as an asset for single-family mortgage applications without converting it to USD  —  In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae …
Amber Neely / AppleInsider:
US senators reintroduce the bipartisan Open App Markets Act to challenge Apple's and Google's grip on app stores; the 2021 version never made it to a floor vote  —  Big Tech's grip on the app economy is under fire again as lawmakers reintroduce the bipartisan “Open App Markets Act” …
Kate Clark / Bloomberg:
Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation  —  Kalshi Inc., a prediction market that competes with Polymarket, said it has raised $185 million at a valuation of $2 billion.
Jay Peters / The Verge:
Anthropic now lets Claude app users build, host, and share AI-powered apps directly in Claude via Artifacts, launching in beta on Free, Pro, and Max tiers  —  The upgrade, launching in beta, builds upon Anthropic's Artifacts feature introduced last year that lets you see and interact with what you ask Claude to make.
Ivan Mehta / TechCrunch:
WhatsApp launches optional Meta AI-generated summaries of unread messages in the US; Meta can't read the messages and summaries are hidden from other chat users  —  Meta announced on Wednesday that it's adding an AI-powered summaries feature to WhatsApp.  The optional new feature uses Meta AI to summarize unread messages in a chat.
Antonio Regalado / MIT Technology Review:
Google DeepMind unveils AlphaGenome, an AI tool to predict the effects of DNA changes on molecular processes, available via an API for non-commercial research  —  When scientists first sequenced the human genome in 2003, they revealed the full set of DNA instructions that make a person.
Maxwell Zeff / TechCrunch:
Google launches Gemini CLI, an agentic AI tool that lets developers make natural language requests in terminals by connecting Gemini models to local codebases  —  Google is launching a new agentic AI tool that will put its Gemini AI models closer to where developers are already coding.
Samantha Subin / CNBC:
Bumble plans to lay off 30% of its workforce, or ~240 roles, and invest the up to $40M saved annually into new product and tech development; BMBL closes up 25%  —  Bumble shares rallied 25% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles.
Kensaku Ihara / Nikkei Asia:
Chinese automaker Geely's ride-hailing arm CaoCao raised $236M in a Hong Kong IPO, listing 19% below its offer price; its market cap was $2.42B as of Wednesday  —  HONG KONG — Chinese ride-hailing service CaoCao listed on the Hong Kong Stock Exchange on Wednesday, raising 1.85 billion Hong Kong dollars …
Dina Bass / Bloomberg:
Micron reports Q3 revenue up 37% YoY to $9.3B, vs. $8.85B est., forecasts Q4 revenue above estimates, and says it's on track for record revenue this fiscal year  —  Though the company posted third-quarter results and a fourth-quarter forecast that exceeded estimates, the stock pared gains …
Naga Avan-Nomayo / The Block:
Barclays will block crypto purchases made with credit cards starting June 27, citing volatility and lack of consumer protections, following other UK lenders  —  <p>Barclays will block cryptocurrency acquisitions made with credit cards starting June 27, warning that wild price swings …
Mike Rogoway / Oregonian:
Leaked memo: Intel will shut down its automotive business and lay off “most” employees working in the unit, the latest step in Intel's downsizing  —  Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker's dramatic downsizing.
Joseph Cox / 404 Media:
License plate reader company Flock has stopped US agencies from accessing cameras in CA, IL, and VA after reports of lookups related to ICE and an abortion case  —  Flock, the automatic license plate reader (ALPR) company with a presence in thousands of communities across the U.S. …

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Earlier Picks

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