Techmeme
June 30, 2025, 5:10 AM

Top News

Zoë Schiffer / Wired:
Memo: OpenAI's Mark Chen responds to Meta offers, says it feels like “someone has broken into our home and stolen something” and OpenAI is “recalibrating comp”  —  As Mark Zuckerberg lures away top research talent to Meta, OpenAI executives say they're ‘recalibrating comp,’ according to an internal memo.
Marcus Mendes / 9to5Mac:
Kuo expects Apple to mass produce a Vision Pro with M5 in Q3 2025, a Vision Air in Q3 2027, a Vision Pro with a new design and XR glasses in H2 2028, and more  —  In a blog post today, analyst Ming-Chi Kuo detailed his updated roadmap forecast for Apple's headset and smart glasses markets.
NPR:
Sources: the US DHS, in partnership with DOGE, has built the first-ever searchable national citizenship data system, pulling from SSA and immigration databases  —  The Trump administration has, for the first time ever, built a searchable national citizenship data system.
Associated Press:
Canada rescinds its Digital Services Tax “in anticipation of” a trade deal with the US, with trade talks resuming; the tax was set to go into effect on Monday  —  Canadian Prime Minister Mark Carney says trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.
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 …
Wall Street Journal:
A profile of OnlyFans' secretive founder Leo Radvinsky, as the platform's parent company is considering a sale for as much as $8B, according to sources  —  Leo Radvinsky is asking as much as $8 billion for the platform he popularized for sex workers and others producing explicit content, even as he personally avoids the spotlight
Forums: r/technology
Peter Whoriskey / Washington Post:
Jim Chanos, who famously shorted Enron, calls Michael Saylor's bitcoin strategy “financial gibberish”, as Saylor inspires several copycats like Trump Media  —  Michael Saylor earned billions selling company stock to buy bitcoin.  Jim Chanos, who famously shorted Enron, is suspicious.
New York Times:
How India is carving out space for high-end manufacturing, including a $2.5B Foxconn iPhone factory in Devanahalli, near Bengaluru, aiming to create 40K jobs  —  India is carving out a new space for Foxconn and other high-end manufacturers, just as President Trump demands American companies do at home.
Yuliya Chernova / Wall Street Journal:
Sources: Menlo Ventures targets ~$1.5B for new funds to invest in AI ventures, including $650M for early-stage startups, and $850M for later-stage companies  —  The investor in Anthropic and other artificial-intelligence companies is raising about $1.5 billion for new venture funds
Financial Times:
Sensor Tower: Temu's US MAU fell 51% to 40.2M from March to June, while Shein's dropped 12% to 41.4M, amid the US' China tariffs and “de minimis” closure  —  Online retailers Temu and Shein have seen their once rapid user growth go into reverse in the US after President Donald …

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