Techmeme
July 7, 2025, 11:40 AM

Top News

The Guardian:
After Elon Musk unveiled the America Party, a new US political party, President Trump called Musk a “TRAIN WRECK” fueled by discontent over EV subsidies ending  —  US president railed against his former adviser online after tech billionaire said he will start and bankroll America party
Juli Clover / MacRumors:
Apple appeals the EU's €500M DMA fine, levied in April 2025 over its App Store steering rules, claiming the decision goes “far beyond what the law requires”  —  Apple is appealing the 500 million euro ($570 million) fine that it is facing in the European Union for allegedly violating the Digital Markets Act.
Dana Wollman / Bloomberg:
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity  —  The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.
The Information:
Sources: TikTok plans to launch a new app version on September 5, ahead of the US' September 17 divest-or-ban enforcement deadline, that US users must switch to  —  TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors.
Bloomberg:
Paris-based Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients  —  The French group said it will take over the US-listed firm for $76.50 per share, a premium of about 28% to WNS's average price over the past 90 days.
Zac Bowden / Windows Central:
Stat Counter: Windows 11 had a 50.9% share of the Windows market on July 4, ahead of Windows 10's 46.2%; the OS, released in 2021, only had a <10% share in 2022  —  After four years on the market, Windows 11 has finally surpassed Windows 10 to become the most dominant desktop OS platform in the world.
Ben Dickson / VentureBeat:
Tokyo-based Sakana AI details a new Monte Carlo Tree Search-based technique that lets multiple LLMs cooperate on a single task, outperforming individual LLMs  —  Japanese AI lab Sakana AI has introduced a new technique that allows multiple large language models (LLMs) to cooperate on a single task …
Myles Miller / Bloomberg:
A look at the US Secret Service's GIOC, which sources say has seized nearly $400M in digital assets over the past decade via crypto scam investigations globally  —  The scam began with a message, then a friendly exchange.  A stranger directed the victim to a cryptocurrency investment site …
Emma Jacobs / Financial Times:
On-the-job learning in fields like law and banking faces a double threat: hybrid work limiting juniors' time with seniors and Gen AI cutting many routine tasks  —  Employers will have to be more deliberate in the training they offer junior staff  —  Jamie Dimon is unequivocal about the impact …
Dominic-Madori Davis / TechCrunch:
An analysis of Crunchbase and PitchBook data: in 2025 so far, 36+ tech startups hit a $1B+ valuation, including seven in June, six in May, and four in April  —  With AI igniting an investor frenzy, every month, more startups obtain unicorn status.  —  Using data from Crunchbase and PitchBook …

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More News

Ben Cohen / Wall Street Journal:
Lila Shroff / The Atlantic:

Earlier Picks

Ian Bogost / The Atlantic: