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July 7, 2025, 1:05 PM
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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.
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.
Sri Muppidi / The Information:
OpenAI told investors stock compensation jumped over 5x last year to $4.4B, or 119% of total revenue for that period but expects it to drop to under 10% by 2030  —  OpenAI has signaled it will hike pay for some employees in the wake of a raid by Meta Platforms on its artificial intelligence researchers.
Dan Primack / Axios:
PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media  —  Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.
More: TVNewsCheck
Kevin Breuninger / CNBC:
President Trump announces 25% tariffs on Japan and South Korea, starting August 1  —  - CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel  — Supply Chain Values  — Select Shopping  — Ad Choices  — News Tips  —  Got a confidential news tip?  We want to hear from you.
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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This is a Techmeme archive page. It shows how the site appeared at 1:05 PM ET, July 7, 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

Kelcee Griffis / Bloomberg:
Sources: Nexstar has begun directing stations to fill local newscasts with segments from Nexstar's NewsNation instead of national networks' content like NBC's

Oli Coleman / Page Six:
Source: The Athletic is investigating reporter Dianna Russini's explanation about photos of her with NFL coach Mike Vrabel and “reviewing her coverage”

Wall Street Journal:
Mubi, which raised $100M led by Sequoia in 2025, faced backlash over Sequoia's ties to Israeli defense tech startups, but has since rebuilt subscriber numbers

Earlier Picks

Ben Cohen / Wall Street Journal:
How the US government debuted a revamped online system in September 2024 that simplifies passport renewal; the system is already handling nearly 50% of renewals
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
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