Techmeme: Microsoft cuts hundreds of Xbox jobs across studios, sources say including Halo Studios and King, and cancels games like Perfect Dark and Everwild (Eddie Makuch/GameSpot)

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July 3, 2025, 2:20 AM

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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.

More: Video Games Chronicle, Windows Central, Bloomberg, Blizzard News, Aftermath, Aftermath, IGN, Thurrott, The Verge, Pure Xbox, GamingBolt, Digit, Engadget, Game Rant, Press Start, Stevivor, Neowin, Screen Rant, Game Developer, Game Informer, Forbes, Comic Book, Push Square, TheGamer, Gamereactor UK, KitGuru, TechRaptor, Gameranx, VideoGamer, Game Sandwich, Kotaku, Rock, Paper, Shotgun, The Game Post, Polygon, and Dexerto

Bluesky: @jasonschreier, @zfighteramuro, @branzellan, @jonathancovey, @nhegelbagel, @banjotranso, @zfighteramuro, @jasonschreier, @headfallsoff.com, and @eplerjc

X: @charlieintel, @nsupergamerguy, @lusterly_, @rogersbase, @jptellsyou, @coopercooperco, @wario64, @legacykillahd, @_sikamikanico_, @wario64, @stealth40k, @tomwarren, @mr_rebs_, @eyyitsfranklin, @evankazoocovers, @tropicalmaku, @kelskiyt, and @cromwelp. LinkedIn: Adam Dolin

Forums: r/wow and r/gamesEcultura

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: The Seattle Times, The Verge, Variety, Windows Central, Bloomberg, IGN, The Verge, GeekWire, The Information, Variety, The Daily Upside, The Register, Associated Press, Thurrott, GamesIndustry.biz, Gizmodo, Digital Trends, AfroTech, MediaPost, Los Angeles Times, Cord Cutters News, CBC News, SiliconANGLE, Nintendo Life, Plain Dealer, MobileSyrup, UPI, Dallas Business Journal, Pure Xbox, PYMNTS.com, BBC, Fortune, Business Today, Seattle Business Journal, New York Times, Türkiye Today, Eurogamer.net, iPhone in Canada, Wall Street Journal, Neowin, Entrepreneur, CNN, The Indian Express, Telegraph, Channel Futures, Techpresso, The Verge, Capital Brief, Mashable, Aftermath, Cryptopolitan, MarketWatch, New York Post, CRN, Nairametrics, Irish Independent, ITPro, The Wrap, WinBuzzer, Barron's Online, The Game Post, ZeroHedge News, Gulf News, Daily Kos, and TechCrunch

Bluesky: @jasonschreier, @yeetkunedo, @lightningarts, @jamesdavismakes.com, @keithamus.social, @brandrick, @carnage4life, and @stephentotilo. Mastodon: @nixCraft@mastodon.social. Threads: @johncodezzz

X: @tomwarren, @synthpotato, @fuckyouiquit, @jezcorden, @dc_draino, @xmbgx, @ultraegyptian, @mr_rebs_, @dougmackeycase, @derenicbyrd, @destinlegarie, @_tom_henderson_, and @demickyd

LinkedIn: Danny Chung, Noah Berkson, Ruwan Fernando, Marty Kahnle, and Jason Schreier

MacKenzie Sigalos / CNBC:

OpenAI says the tokenized OpenAI shares Robinhood has started offering are not equity: “We did not partner with Robinhood...and do not endorse it” — OpenAI is distancing itself from Robinhood's latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.

More: Reuters, Decrypt, CoinJournal, The Crypto Times, Cointelegraph, CoinGape, The Block, TechCrunch, Crypto Briefing, Cryptopolitan, Benzinga, CoinDesk, CryptoSlate, and Wu Blockchain

Bluesky: @gidmk, @mattrosoff, and @edzitron.com

X: @openainewsroom, @s4mmyeth, @chatgpt21, @chooserich, @mikeisaac, @teslaart3, @waymoproblems, @merts_eth, @mikeisaac, and @mikeisaac. Forums: r/smallstreetbets

Bloomberg:

Sources: OpenAI will rent additional computing power from Oracle, totaling about 4.5 gigawatts of US data center power, as part of its Stargate initiative — The AI company will rent additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US …

More: The Information, Investor's Business Daily, WinBuzzer, The Verge, Financial Times, Cryptopolitan, and SemiAnalysis

Bluesky: @bwnash, @bwnash, @inspector-w, @onefeincat, @edzitron.com, and @edzitron.com

X: @marionawfal, @edludlow, @morqon, @edludlow, @prometheanaix, @andrewcurran_, and @rohanpaul_ai

Forums: r/artificial, r/OpenAI, and r/wallstreetbets

Vicky Ge Huang / Wall Street Journal:

Ripple has applied for a national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit — A national banking charter would make the OCC a regulator of Ripple's stablecoin — Ripple has applied for a national banking license …

More: Reuters, crypto.news, Blockhead, Coinpedia Fintech News, ZyCrypto, Blockonomi, American Banker, Cryptopolitan, PYMNTS.com, Benzinga, CryptoSlate, CoinDesk, The Block, Watcher Guru, Decrypt, CoinGape, Crypto Briefing, BeInCrypto, and Cointelegraph

Bluesky: @grahamsteele. X: @bgarlinghouse, @diepsanh, @marionawfal, and @its_runtime

LinkedIn: Ryan Freeman and Todd H Baker

Forums: r/XRP and r/CryptoCurrency

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

More: Ars Technica, Tech Times, and The Verge

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Forums: Hacker News, Beehaw, and Ars OpenForum

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.

More: The Block, BeInCrypto, New York Post, crypto.news, Coinpedia Fintech News, TheStreet, Benzinga, and Cointelegraph

Bluesky: @jtsteine, @smullins3000, @zonecrypto, @spanglismexico, and @ronfilipkowski. Mastodon: @GossiTheDog@cyberplace.social. X: @crewcrew

Bloomberg:

Baidu overhauls its search engine with AI features and a voice function in its most sweeping revamp in years, and rolls out its first image-to-video model — The Beijing-based company said it wants to make its mobile app more like an AI chatbot that can help users with writing, drawing and trip planning tasks.

More: Reuters, International Business Times, Stocktwits, MediaPost, and South China Morning Post

Thomas Seal / Bloomberg:

Uber drivers in British Columbia joined a union, seeking to negotiate Canada's first bargaining agreement for rideshare drivers; Uber has agreed to meet — Uber drivers in Greater Victoria, the province's capital, joined UFCW 1518 before they kick off talks with the San Francisco-based platform …

More: Global News

Boone Ashworth / Wired:

A look at the ~$377 TranscribeGlass smart glasses that use AI to subtitle conversations in nearly real time, built for the deaf or hard-of-hearing — TranscribeGlass can subtitle conversations in nearly real time and will soon be able to translate languages and tell you when the person you're talking …

More: TranscribeGlass and XR Today

Bluesky: @thiccreese and @wired.com. X: @transcribeglass

Financial Times:

Sources: CEO Whitney Wolfe Herd said Bumble's “centre of gravity” would move to the US where the “talent pool is right now”; 70% of Bumble's staff are UK-based — CEO Whitney Wolfe Herd warns ‘dating apps are feeling like a thing of the past’

Bluesky: @davelee.me and @mims. LinkedIn: Kieran Smith

Peiyue Wu / Rest of World:

Some Chinese universities are using AI detection tools to screen papers, but false positives force students to “dumb down” content or pay for rewriting services — As Chinese universities crack down on AI use, some students report false positives — and a booming industry of work-around tools is emerging.

More: The Atlantic and Unite.AI

X: @peiyue_jess. LinkedIn: Peiyue Wu

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.

More: Perplexity, SiliconANGLE, Engadget, WinBuzzer, and The Verge

Bluesky: @hrbrmstr.dev, @edzitron.com, and @cptjinglepants

X: @aravsrinivas, @aravsrinivas, @aravsrinivas, @aravsrinivas, @prudent_ai, and @jowanza. Forums: r/technology

Molly Taft / Wired:

xAI has been granted a permit to operate 15 gas turbines at its Memphis campus until 2027, despite protests and a potential NAACP lawsuit over air pollution — xAI's gas turbines get official approval from Memphis, Tennessee, even as civil rights groups prepare to sue over alleged Clean Air Act violations.

Bluesky: @wired.com, @charleswlogan, @darthfos, @mollytaft.com, and @wired.com. Forums: r/TrueReddit

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Mackenzie Hawkins / Bloomberg:

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More: Nikkei Asia, Financial Times, South China Morning Post, CNBC, Synopsys, Reuters, and Bloomberg Law. Bluesky: @garyrlundberg

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

More: BMI, The Information, Barron's Online, Adweek, CNBC, The Olympian, Investing.com, The Verge, Digital Music News, What's on Netflix, and Proactive. LinkedIn: Adi T.

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More: AI News, The Keyword, ESG Dive, WinBuzzer, and SupplyChainBrain

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X: @shanumathew93 and @ben_inskeep. Forums: Slashdot

Bloomberg:

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More: PhoneArena, American Banker, JURISTnews, The Register, and TelecomTV

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More: The Guardian, Adweek, Ars Technica, MediaPost, eWeek, Gizmodo, Tom's Guide, Moneycontrol, KnowTechie, PCMag, Livemint, and arXiv.org

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