Techmeme
June 29, 2025, 3:15 PM

Top News

Noah Smith / Noahpinion:
Elon Musk calls the Senate tax bill “utterly insane” as it raises taxes on nuclear and geothermal energy and battery storage, which are crucial for AI training  —  Trump's “Big Beautiful Bill” is an attack on American energy production.  —  There are many things to despise …
Anthony D'Alessandro / Deadline:
The F1 movie gives Apple its first box office hit, opening to $144M worldwide and $55.6M in the US; it was pushed on Apple Music, Podcasts, Fitness+, and Wallet  —  It's a win for racing car movies.  It's a win for Zack Van Amburg and Jamie Erlicht led Apple Original Films on the big screen …
Scott Werner / Works on My Machine:
MCP has promise beyond AI, and could serve as a “universal plugin system” that connects disparate data sources and tools together to enable new capabilities  —  Or: The Day My Toaster Started Taking Phone Calls  —  There's this thing about USB-C that nobody really talks about.
Tara García Mathewson / The Markup:
Investigation: California colleges and universities continue to renew Turnitin subscriptions despite the cost, faulty anti-plagiarism tech, and privacy issues  —  Colleges and universities renew Turnitin subscriptions year after year even though its flawed detectors are expensive …
Cate Lawrence / Tech.eu:
Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech  —  With 60 per cent of venture capital now flowing into deeptech, the country outpaces global peers and redefines what a small market can achieve. .
Nicole Froio / The Verge:
AI-generated images of fake, otherworldly-looking houseplants are proliferating online and misleading consumers, as AI slop extends to plant care advice  —  'It's disconnecting us further from reality, relationships with nature, and also our community.'  —  “Maybe you could organize …
Olga Kharif / Bloomberg:
A look at efforts by Coinbase, Kraken, Robinhood, and other crypto companies to tokenize stocks amid regulatory hurdles and questions about product demand  —  First, they came for the currency market.  Then, the money market.  Now, crypto's big disruptors are targeting the multi-trillion-dollar heart …
M.G. Siegler / Spyglass:
Meta offering $100M signing bonuses may be an exaggeration by Altman, but $100M overall compensation packages are plausible given Meta's need to catch up in AI  —  A couple weeks back, Sam Altman made headlines for saying that Meta was approaching OpenAI talent and offering “$100M signing bonuses” …

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Cloudflare:
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IDrive:
IDrive Autonomy: low-cost L2+ driver assistance with AI  —  L2+ driver assistance with a scalable AI stack built for automotive companies and laying the foundation for the autonomous future.

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Jonathan Vanian / CNBC: