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June 29, 2025, 3:31 AM
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Top News

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  —  Exaggeration, conflation, a game of Telephone, directional accuracy, brinksmanship, or all of the above?
Kalley Huang / The Information:
Source: Meta hired four more OpenAI researchers, including key contributors to o1-mini and o3-mini, as Zuckerberg continues an unprecedented recruiting effort  —  Meta Platforms is hiring four more OpenAI artificial intelligence researchers as Meta CEO Mark Zuckerberg continues …
Wall Street Journal:
A look at “The List”, a compilation of the most talented AI engineers and researchers that Mark Zuckerberg has put together in an effort to recruit them to Meta
Jonathan Vanian / CNBC:
As Reddit turns 20, a look at its AI efforts, including the Reddit Answers chatbot, while it battles unauthorized scraping of user data for AI training  —  For 20 years, Reddit has pitched itself as “the front page of the internet.”  AI threatens to change that.
Roy / @im_roy_lee:
[Thread] Cluely unveils a desktop AI assistant that it says can help users cheat on meetings, sales, lectures, interviews, learning new software, and more  —  introducing @cluely. today is the start of a world where you never have to think again. we just killed 9 industries (thread): [video]
Satviki Sanjay / Bloomberg:
Walmart's Flipkart says about 200M Indian users engaged with social videos and livestreams promoting products on the platform in H1 2025, up from 75M a year ago  —  Using videos to showcase and sell products is one of the leading new forays at Flipkart, Neha Agrahari, a senior director at the retailer …
Moneycontrol:
Bengaluru-based ShopOS, whose AI agents help automate content creation, marketing, and site management for e-commerce brands, raised $20M from 3State Ventures  —  The Flipkart co-founder is betting on a new AI-native OS for brands, built by his former team at Scapic and Flipkart Labs
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

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From Mediagazer

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

More News

Rishabh Jaiswal / Reuters:
The DOJ settles its lawsuit challenging HPE's $14B acquisition of Juniper; HPE must divest Instant On and license the source code for Juniper's Mist AI software
Andrew J. Hawkins / The Verge:
Tesla says a Model Y drove itself from Gigafactory Texas to a buyer's home 30 minutes away, marking its first fully autonomous vehicle delivery

Earlier Picks

Cezary Podkul / ProPublica:
An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of “pig butchering” scams overseas
Josh Gerstein / Politico:
SCOTUS upholds a Texas law that requires porn websites to verify that their visitors are 18 or older, rejecting a First Amendment challenge to the law
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