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June 29, 2025, 1:40 AM
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Mediagazer
memeorandum
WeSmirchTop 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?
More: Benzinga, The Indian Express, TechCrunch, and New York Post
X: @giffmana, @kuittinenpetri, @kevinsxu, @plantmath1, @austen, @gustavonicot, and @signulll
| 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: |
More: The Guardian, The Information, The Decoder, New York Times, and Financial Times
X: @mattrosoff, @meghanbobrowsky, and @berber_jin1. LinkedIn: Meghan Bobrowsky. Forums: r/singularity
| Steven Levy / Wired: |
As top reporters continue to flock to Substack, subscription fatigue and challenges with building a wide audience pose threats to its long-term success — While star reporters continue to flock to Substack, subscription fatigue is only getting worse. — Before June 8, the skilled …
More: AMC All the Time
| Duncan Riley / SiliconANGLE: |
San Diego-based Clearspeed, which offers AI-driven voice-based risk assessment tech for 60+ languages, raised a $60M Series D, taking its total funding to $110M — Voice risk assessment startup Clearspeed Corp. today announced that it has raised $60 million in new funding to scale …
More: Business Wire, Clearspeed, Axios, Venture Capital Journal, InfoRiskToday.com, and FinSMEs
| Nick Flaherty / eeNews Europe: |
Nordic Semiconductor acquires US startup Memfault, a cloud-based IoT lifecycle management and observability service that supports secure OTA updates, for $120M — Nordic Semiconductor is buying US startup Memfault for $120m for its cloud-based software monitoring platform.
More: Nordic Semiconductor and Electronics Weekly
| 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.
More: New York Times and The Verge
| 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
More: Entrackr and Inc42 Media
X: @inc42, @upadhyay_harsh1, @ajaypv4, @binnybansal, and @chandrarsrikant
| 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| 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| 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]
| Ryan Lawler / Axios: |
Niural, whose AI agents help companies automate payroll, benefits, vendor payments, and compliance, raised a $31M Series A led by Marathon Management Partners — Niural, a global payroll and finance operations startup, has raised $31 million in Series A funding, CEO Nami Baral tells Axios exclusively.
More: Niural, PYMNTS.com, FinSMEs, Pulse 2.0, and VC News Daily
| 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 … | Andrew Deck / Nieman Lab: |
How the Center for Investigative Reporting is handling the lawsuit against OpenAI as one of the few nonprofits with the resources to take on a yearslong suit — One year into its copyright litigation, the Center for Investigative Reporting is still one of the only nonprofits to take the AI giant to court.| 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 — The U.S. Department of Justice has settled its lawsuit challenging server maker Hewlett Packard Enterprise's (HPE.N) …
More: Houston Business Journal, CRN, The Information, and Bloomberg
Bluesky: @cuthrell.com and @bitsinflight.com
X: @sparertime, @dkbilson, @julianklymochko, and @diane_alter
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