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July 7, 2025, 4:10 PM
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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.
MacKenzie Sigalos / CNBC:
Jack Dorsey shares TestFlight and GitHub links to his “weekend project”, Bitchat, a decentralized P2P messaging iOS app that relies on Bluetooth mesh networks  —  Block CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely …
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.
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
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.
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.
Sarah Perez / TechCrunch:
In iOS 26 beta 3, Apple dials back the degree of transparency in many UI elements, following user complaints about Liquid Glass  —  The iPhone's new glassy look has been toned down with Monday's release of the third developer beta of iOS 26.  This follows user complaints that the update …
Sean Hollister / The Verge:
Epic reaches a settlement with Samsung, which it sued over allegedly conspiring with Google to undermine third party app stores  —  Epic isn't saying what it got out of Samsung. … An “Auto Blocker” feature on Samsung Android phones, which was turned on by default, automatically kept users …
More: Bloomberg
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.
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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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:10 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

CNBC:
James Cameron blasts Netflix's proposed acquisition of WBD, in a letter to Senator Mike Lee, calling it “disastrous for the theatrical motion picture business”

James Hibberd / The Hollywood Reporter:
After a backlash, AMC opts out of screening an AI short film during its pre-show, programmed by ad company Screenvision, before feature films

Hanaa' Tameez / Nieman Lab:
Substack announces new tools to help writers use Polymarket data and adds Polymarket to its sponsorship pilot, prompting questions from some journalists

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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