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June 29, 2025, 3:15 PM
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memeorandum
WeSmirchTop 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 …
More: Washington Post, New York Times, The Information, Reuters, CleanTechnica, Cryptopolitan, The Hill, and Politico
Bluesky: @vegasmick and @quinnypig.com
X: @elonmusk, @armanddoma, @atrupar, @noahpinion, @jessepeltan, @douglewinenergy, and @elonmusk. LinkedIn: Guido Palazzo
Forums: r/NoShitSherlock and r/centrist
| 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 …
More: Daring Fireball, 9to5Mac, Forbes, New York Times, iDownloadBlog.com, heise online, Screen Rant, AppleInsider, and Screen Rant
Bluesky: @chickenpuppet.online, @lauridonahue, and @itablet
Threads: @reidsorenson, @bighowdy, and @heypollack
X: @icyvert, @vincenzolandino, @benzostraydogs, @ceoadam, @buzzpatterson, @kfcbarstool, @calebcsw, @rollingstone, @empirecitybo, @bendreyfuss, @lewishamilton, and @trungtphan
Forums: Hacker News, r/formula1, r/tvPlus, and r/boxoffice
| 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.
More: Works on My Machine. Bluesky: @searls. Mastodon: @assaf@mas.to, @hrbrmstr@mastodon.social, and @shish@techhub.social
| Allie Garfinkle / Fortune: |
Synthesia says it has over 65K customers and serves more than 70% of the Fortune 100, with its AI avatars mainly used for training and internal communications — Constructing an avatar of myself is even weirder than I expected. — It's a choreographed experience that made me feel … | 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 …
More: The Guardian and The Markup
Bluesky: @themarkup.org, @calmatters.org, @biblioracle, @jessifer, and @samillingworth.com. Mastodon: @katachora@hachyderm.io
| Kevin Williams / CNBC: |
Baidu plans to open-source its Ernie LLM on June 30; some say this could cement China's AI leadership, while others doubt it will be a “DeepSeek moment” — On Monday, Chinese technology giant Baidu plans to make its Ernie generative AI large language model open source … | The Information: |
OpenAI is expanding its consulting-like service to refine its models and build bespoke apps for large enterprise and government clients spending at least $10M — As OpenAI pitches its artificial intelligence to big companies and government agencies, it's taking a page from the playbook …
X: @amir
| 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. .
More: Gizmodo, Deep Tech Nation Switzerland, and Forbes
X: @swissambusa, @nathanbenaich, @eugen12, @investch, and @thenextweb
| Morgan Meaker / Bloomberg: |
Call center agents in Australia, Canada, Greece, and the US say they've been repeatedly mistaken for AI, as the industry rapidly integrates AI alongside humans — As more workers are asked by strangers if they're bots, surreal conversations are prompting introspection in the industry about what it means to be human.| Financial Times: |
Nvidia executives, including Jensen Huang, have sold $1B+ worth of company stock in the past 12 months, with $500M+ in share sales occurring in June 2025 alone — Chief executive Jensen Huang leads wave of insider selling as AI demand boosts stock to record high
More: CNBC, Wall Street Pit, and Cryptopolitan
| Song Jung-a / Financial Times: |
South Korea becomes Asia's best-performing stock market in H1 2025, as shares rise following President Lee Jae-myung's pledge to allow won-based stablecoins — New president's pledge to allow won-based stablecoins has led to huge gains in related shares this month
More: The Block, crypto.news, The National Interest, and Coinspeaker
| 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 …
Bluesky: @wavesblog, @sarahjeong, @sarahjeong, @zackzwiezen.com, @nicolefroio, @tyleraking.com, and @alexeheath.com
| 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” …
More: Wired, The Guardian, Benzinga, Wall Street Journal, The Indian Express, and The Information
X: @austen, @kevinsxu, @gustavonicot, @kuittinenpetri, @plantmath1, and @signulll
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