Techmeme
July 2, 2025, 4:25 PM

Top News

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, Windows Central, IGN, The Verge, Variety, Variety, The Verge, The Register, GeekWire, Thurrott, Dallas Business Journal, PYMNTS.com, GamesIndustry.biz, Associated Press, Financial Times, New York Times, Australian Financial Review, Business Today, Seattle Business Journal, MediaPost, Wall Street Journal, Los Angeles Times, Cord Cutters News, AfroTech, Plain Dealer, MobileSyrup, UPI, CNN, Nintendo Life, The Information, The Verge, Business Insider, Entrepreneur, CRN, Bloomberg, Eurogamer.net, Fortune, Neowin, ITPro Today, Telegraph, New York Post, Gamereactor UK, Barron's Online, Türkiye Today, The Game Post, The Wrap, Gulf News, Cryptopolitan, ITPro, The Boston Globe, Irish Independent, Mashable, Techpresso, Channel Futures, WinBuzzer, Aftermath, Game Rant, Irish Independent, Nairametrics, The Indian Express, TechCrunch, iPhone in Canada, Daily Kos, GamingBolt, PC Games Insider, and The Independent
Bloomberg:
Analysis: crypto ventures have added at least $620M to President Trump's fortune in months, overshadowing traditional real estate licensing deals  —  The Trumps have used their name and connections to profit from digital assets at a quicker clip than from their traditional real estate business.
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 …
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, WinBuzzer, ITPro, AI News, and SupplyChainBrain
Bluesky: @tamigraph and @jmbooyahForums: Slashdot
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
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 …
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 …
Jessica Toonkel / Wall Street Journal:
Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle  —  The streamer has had talks with Spotify about partnering on events  —  Netflix ascended by offering prestige TV and movies on demand for a monthly fee.
Eddie Makuch / GameSpot:
Microsoft cuts hundreds of Xbox jobs across studios, sources say including Halo Studios and King, and cancels games like Perfect Dark and Everwild  —  GameSpot may receive revenue from affiliate and advertising partnerships for sharing this content and from purchases through links.
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 …
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.

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Earlier Picks

Tabby Kinder / Financial Times:
Kurt Wagner / Bloomberg:
Jordan Novet / CNBC:
Emma Roth / The Verge:
Maxwell Zeff / TechCrunch: