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July 2, 2025, 2:25 PM
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| Jordan Novet / CNBC: |
Source: Microsoft plans to lay off ~9,000 employees, or less than 4% of its workforce, across teams and role types, after cutting ~6,000 in May and 300+ in June — Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce …
More: Windows Central, Video Games Chronicle, Bloomberg, Variety, Windows Central, The Verge, The Verge, IGN, Variety, Thurrott, PYMNTS.com, GamesIndustry.biz, Business Today, Seattle Business Journal, Engadget, Financial Times, New York Times, Wall Street Journal, The Register, Associated Press, CNN, The Verge, GeekWire, The Information, CRN, Australian Financial Review, Comic Book, TheGamer, Fortune, Bloomberg Law, TechCrunch, Neowin, Game Rant, Türkiye Today, Telegraph, iPhone in Canada, Irish Independent, The Indian Express, Channel Futures, Techpresso, Eurogamer.net, The Boston Globe, New York Post, Mashable, Aftermath, The Wrap, Barron's Online, Gulf News, Cryptopolitan, Gamereactor UK, The Game Post, ITPro, WinBuzzer, Irish Independent, Nairametrics, Nintendo Life, Daily Kos, GamingBolt, PC Games Insider, and The Independent
Bluesky: @jasonschreier, @brandrick, @carnage4life, and @stephentotilo
X: @tomwarren, @destinlegarie, and @_tom_henderson_
LinkedIn: Marty Kahnle and Jason Schreier
| Bloomberg: |
Sources: Foxconn recalled 300+ Chinese engineers from its Indian iPhone factories over the past two months, a blow for Apple as it ramps up iPhone 17 production — The bulk of Foxconn's Chinese staff at iPhone plants in southern India have been told to fly back in a move that began about two months ago …
More: The Economic Times, AppleInsider, TechCrunch, 9to5Mac, The Verge, Times of India, The Economic Times, iPhone in Canada, The Hindu BusinessLine, iDrop News, The Mac Observer, PhoneArena, Business Today, Business Standard, Business Standard, iClarified, Inc42 Media, Apple Must, MacRumors, and MarketWatch
Forums: r/worldnews, r/GeopoliticsIndia, r/apple, and MacRumors Forums
| Johana Bhuiyan / The Guardian: |
A report finds Google undercounted its carbon emissions, which rose 65% from 2019 to 2024, not 51% as claimed; the largest YoY jump was 26%, from 2023 to 2024 — Research says Google's carbon emissions went up by 65% between 2019-2024, not 51% as the tech giant had claimed
More: ESG Dive, AI News, SupplyChainBrain, WinBuzzer, and ITPro
| Abbie Richards / Media Matters for America: |
TikTok users are posting AI-generated videos, seemingly made with Google's Veo 3, depicting racist and antisemitic tropes that have garnered millions of views — Google's Veo AI video generator is seemingly being used to generate videos depicting racist and antisemitic tropes
Bluesky: @amaramarasingam, @carlosmaza, @garymarcus, @shikhadalmia, @eliothiggins, and @abbierichards
| Tabby Kinder / Financial Times: |
Sources: Palmer Luckey is preparing to launch Erebor, a US bank backed by Joe Lonsdale and other tech investors to serve startups, including crypto businesses — Start-up named after the dragon's mountain in ‘Lord of the Rings’ — A group of tech billionaires led by Palmer Luckey …
More: Tom's Hardware, Cointelegraph, Bitcoin Magazine, PYMNTS.com, Benzinga, naked capitalism, and Cryptonews
Bluesky: @marypcbuk, @andyhazel, @prietschka, and @elkmovie
| Reuters: |
Sources: Intel is considering writing off its 18A and 18A-P manufacturing processes and stopping their marketing, focusing instead on 14A to compete with TSMC — Intel's (INTC.O) new chief executive is exploring a big change to its contract manufacturing business to win major customers …
More: Club386, Tom's Hardware, Guru3D, Motley Fool, Cryptopolitan, CTech, TechPowerUp, PC Gamer, New Electronics, WinBuzzer, Yahoo Finance, Benzinga, Electronics Weekly, and Notebookcheck
X: @reuters. LinkedIn: Richard Platt. Forums: r/wallstreetbets, r/Semiconductors, r/hardware, and r/intelstock
| Emma Roth / The Verge: |
ICEBlock, an app for reporting sightings of ICE officials, was the top free app in the US App Store on Tuesday; the app claims to collect no personal data — After threats from the Trump administration, the popularity of ICEBlock surged. … ICEBlock, an app that lets users anonymously report sightings …
More: TechCrunch, Engadget, Gizmodo, Reason, iDrop News, The Hill, Freedom of the Press …, al.com, Android Headlines, Washington Examiner, New Republic, Daily Kos, and Politico
Bluesky: @brizzyc, @atrupar.com, @smcgrath.phd, @gaiasearth, @thorbenson, @techcrunch.com, and @atrupar.com
| Bloomberg: |
TikTok lays off workers from the US division of TikTok Shop, the third round of layoffs for the team since April, after a year of missing internal sales targets — TikTok is cutting more workers from its US e-commerce division, TikTok Shop, the third round of layoffs for that team since April.
More: TechCrunch, Business Insider, and The Economic Times
| Angelique Chrisafis / The Guardian: |
A French court finds three ex-Ubisoft executives, including the chief creative officer, guilty of enabling a culture of sexual and psychological harassment — Former staff likened offices of video game company in Paris to ‘boys’ club above the law' — Three former executives …
More: Le Monde, Video Games Chronicle, Eurogamer.net, VG Charts, IGN, France 24, and Insider Gaming. Bluesky: @mightykuwi
| Kurt Wagner / Bloomberg: |
X says it will start to publish Community Notes written by AI agents and developers will soon be able to submit their own AI agents for the company to review — Elon Musk's X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed …
More: The Guardian, Adweek, The Verge, TechCrunch, Moneycontrol, PCMag, Livemint, Tom's Guide, The Economic Times, Developer Tech News, Analytics India Magazine, Business Today, Digit, KnowTechie, Business Standard, Mashable, Beebom, Tech Times, Benzinga, arXiv.org, The Decoder, and Cryptopolitan
Bluesky: @mantzarlis.com, @quinnypig.com, @mantzarlis.com, and @mantzarlis.com
Threads: @cult_papa, @renee.diresta, and @renee.diresta
X: @communitynotes, @nomadxx333, @_jaybaxter_, @_jaybaxter_, @_jaybaxter_, @rejuvenatedrex, @kcoleman, @lindayax, and @communitynotes. LinkedIn: Kendra Barnett. Forums: r/technology
| Dylan Butts / CNBC: |
Tax credits for Intel, TSMC, and other chip companies under the Big Beautiful Bill would rise from 25% to 35% if they expand their US manufacturing before 2026 — The latest version of U.S. President Donald Trump's “big beautiful bill” could make it cheaper for semiconductor manufacturers …
More: TechCrunch, Korea Joongang Daily, and Cryptopolitan
| Jordan Novet / CNBC: |
Figma files for an IPO, plans to trade on the NYSE under the ticker FIG, and reports Q1 revenue up 46% YoY to $228.2M and net income up 233% YoY to $44.9M — Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol “FIG.”
More: US SEC, Figma, The Verge, Unchained, Benzinga, Tomasz Tunguz, Inside Bitcoins, Cointelegraph, Fortune, Clouded Judgement, Fast Company, Decrypt, The Economic Times, Barron's Online, Wall Street Journal, and Axios
Bluesky: @carnage4life. X: @tier10k, @zoink, @daniellockyer, @arfurrock, @cjc, @tanayj, @coorslightceo, @robyn_shapiro, @sharoonbabu, @fiscal_ai, @dohamekki, @daveclark85, @jasonlk, @jasonlk, @jasonlk, @jasonlk, @borrowed_ideas, and @peter. LinkedIn: Hunter Walk
Forums: r/graphic_design, r/FigmaDesign, r/FigmaDesign, and Slashdot
| Financial Times: |
Sources: Stockholm-based AI-powered app builder Lovable is set to raise $150M+ led by Accel at a ~$1.8B valuation, as VCs rush to back “vibe coding” startups — Two-year-old group nears more than $150mn in new funding as investors swarm around AI coding businesses
More: TNW
| Steve Lohr / New York Times: |
Carnegie Mellon and other US universities are rethinking CS programs to adapt to generative AI, like focusing more on computational thinking and AI literacy — Computer science education will probably focus less on coding and more on computational thinking and A.I. literacy, said Mary Lou Maher … | Lawrence Abrams / BleepingComputer: |
Qantas discloses a cyberattack after hackers gained access to a third-party platform with 6M customers' personal data, but says no financial info was exposed — Australian airline Qantas disclosed that it detected a cyberattack on Monday after threat actors gained access to a third-party platform containing customer data.
More: The Record, TechCrunch, Forbes, Silicon Republic, Wired, Fast Company, Qantas, Tom's Guide, Reuters, BBC, ComputerWeekly.com, AppleInsider, Hackread, Mashable, Security Affairs, CyberInsider, Fortune, CSO, BusinessLIVE, OCCRP, Cyber Security News, UPI, 9to5Mac, Telegraph, ITPro, Daily Sabah, Skift, RTÉ, Simple Flying, ABC, Infosecurity, The Cyber Express, Information Age, Tech Xplore, Al Jazeera, The Guardian, The Register, Yahoo Finance, Australian Financial Review, Financial Times, Mumbrella, DataBreaches.Net, The Japan Times, SmartCompany, Sydney Morning Herald, Notebookcheck, iTnews, Capital Brief, Australian Financial Review, 9News, ABC, USA Insurance News …, and Cyber Daily
| Maxwell Zeff / TechCrunch: |
Perplexity launches a $200/month Max plan with unlimited Labs access, early access to features like Comet browser, and priority use of models like o3-pro — Perplexity is launching a $200-per-month subscription plan for its power users, the company announced in a blog post Tuesday.| Jeremie Eliahou Ontiveros / SemiAnalysis: |
A deep dive into Oracle's data center strategy and the company's emergence as an AI computing powerhouse, amid questions about its GPU business' sustainability — Oracle's Cloud Infrastructure business is firing on all cylinders and is greatly outpacing expectations.
More: Times of India and RCR Wireless News
| Bloomberg: |
Internal emails and audit reports warned that the Schengen Information System II, used by EU border forces, was rife with software and security vulnerabilities — An information-sharing system used by EU border forces to flag illegal immigrants and suspected criminals in real time was rife … Sponsor Posts
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