Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
July 2, 2025, 10:15 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Jordan Novet / CNBC:
Source: Microsoft plans to lay off ~9,000 employees, or less than 4% of its global workforce, across teams and role types, after cutting ~6,000 jobs in May  —  Microsoft said Wednesday that it will lay off about 9,000 employees.  The move will affect less than 4% of its global workforce …
Zoë Schiffer / Wired:
Source: Mark Zuckerberg has, on 10+ occasions, offered top AI research talent up to $300M over four years, with $100M+ in total compensation for the first year  —  The Meta CEO is leading a hiring blitz, offering top talent at OpenAI eye-watering pay packages and endless access to cutting-edge chips.
Zoë Schiffer / Wired:
In a memo to OpenAI researchers, Sam Altman said “missionaries will beat mercenaries” and “there is much, much more upside to OpenAI stock than Meta stock”  —  “What Meta is doing will, in my opinion, lead to very deep cultural problems,” said CEO Sam Altman in a leaked memo sent to OpenAI researchers.
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.”
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 …
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 …
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 …
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 …
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.
Bloomberg:
Internal emails and audit reports warn that the Schengen Information System II, used by EU border forces, is 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 …
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.
Bloomberg:
Nothing unveils the $799 Phone 3 with a 6.7" AMOLED display, a Snapdragon 8s Gen 4, and three 50MP cameras, and the $299 Headphone 1, both shipping from July 15  —  The five-year-old company, known for its bold designs, unveiled the Phone 3 and a pair of similarly quirky headphones.

Sponsor Posts

Airtable:
Deep analysis for deep questions  —  Introducing Superagent.  A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Zoho:
Why now: Building cloud infrastructure that the UAE can rely on  —  For years, the main question in the UAE was whether organizations should adopt cloud technology.  Today, cloud adoption is no longer up for debate.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 Is Something Big Happening?, AI Safety Apocalypse, Anthropic Raises $30 Billion
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
 'Something Big Is Happening' + A.I. Rocks the Romance Novel Industry + One Good Thing
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Lenny's Podcast:
 "Engineers are becoming sorcerers" | The future of software development with OpenAI's Sherwin Wu
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Cheeky Pint:
 Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
 His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
The Nick, Dick and Paul Show:
 The Billionaire Button w/ Tim Wu
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, July 2, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

CNN:
Don Lemon pleads not guilty to two federal charges stemming from his reporting at an anti-ICE protest in a Minnesota church

Todd Spangler / Variety:
Memo: Paramount names former Trump administration attorney Rene Augustine as its senior vice president of global public policy, amid a takeover battle for WBD

Alexandra Steigrad / New York Post:
Source: New York Daily News is cutting six of 10 national desk staffers, one metro reporter, seven print production people, and two photo department staffers

More News

Earlier Picks

Allie Garfinkle / Fortune:
Ambrook, which provides accounting software for US farmers and ranchers, raised a $26.1M Series A led by Thrive Capital and Figma CEO Dylan Field
Blake Brittain / Reuters:
A California jury rules Google is liable in a 2019 class action lawsuit for collecting info from users' Android devices without permission and must pay $314.6M+
The Information:
Sources: Anthropic's revenue hit a pace of $4B/year, up almost 4x from the beginning of 2025; source: Cursor maker Anysphere hired two of Claude Code's leaders
Emma Roth / The Verge:
AT&T launches Account Lock to protect wireless users against SIM swapping attacks, following similar features from T-Mobile, Verizon, and Google Fi
Ivan Mehta / TechCrunch:
Meta expands WhatsApp's voice calling to let large businesses reach customers via the API and explores AI-powered product recommendations for merchants' sites
Emma Roth / The Verge:
Meta launches direct messaging for Threads users aged 18 and older, without E2EE support, and announces a “highlighter” feature, starting for trending topics
Maxwell Zeff / TechCrunch:
Cloudflare debuts “Pay per Crawl”, a marketplace that lets sites charge AI crawlers per crawl; new sites using Cloudflare will now block AI crawlers by default
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter