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Techmeme
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

Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings

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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