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Techmeme
September 27, 2025, 1:50 AM
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Wall Street Journal:
Sources: EA is in talks to go private in a deal valuing it at ~$50B; investors include Jared Kushner's PE firm and Saudi Arabia's PIF; EA closes up 14.87%  —  Investors including Silver Lake eyeing deal that would likely be the largest leveraged buyout ever
Ben Berkowitz / Axios:
Trump says Microsoft should fire its global affairs head Lisa Monaco over her work in the Biden administration, calling her a “menace to US National Security”  —  President Trump late Friday demanded Microsoft fire its head of global affairs, Lisa Monaco, over her work in the Biden administration.
Mark Gurman / Bloomberg:
Sources: Apple has developed an internal ChatGPT-like iPhone app, code-named Veritas, to help test and prepare for a major Siri overhaul next year  —  Apple Inc. has developed a ChatGPT-like iPhone app to help test and prepare for a long-anticipated overhaul of Siri coming next year, according to people familiar with the matter.
Reuters:
Sources: ByteDance will maintain ownership of TikTok US' revenue-generating business operations such as e-commerce and advertising  —  - ByteDance to retain ownership of TikTok's U.S. business operations, sources say  — Joint venture to handle U.S. user data and algorithm, sources say
Bloomberg:
Sources: ByteDance may get ~50% of TikTok US' overall profit, including a licensing fee of 20% of revenue, despite selling majority ownership to US investors
Bloomberg:
The Trump administration's $14B valuation of TikTok's US business falls well below previous estimates of around $40B, considered a bargain by investors
Dylan Butts / CNBC:
China and its media are quiet about the TikTok deal, a notable silence as China can still decide the app's fate; Chinese social media chatter has been limited
Alexandra Alper / Reuters:
Sources: the US Commerce Department is considering imposing tariffs on foreign electronic devices based on the number of chips they contain  —  - Trump seeks to drive companies to shift manufacturing to the US  — “America cannot be reliant on foreign imports” of chips, White House says
Josh Eidelson / Bloomberg:
Leaked letter: NLRB drops claims against Tim Cook, including that he violated workers' rights with a 2021 email threatening staffers who leak confidential info  —  The US labor board has abandoned its allegations that Apple Inc. Chief Executive Officer Tim Cook violated federal labor law …
Dwarkesh Patel / Dwarkesh Podcast:
Q&A with reinforcement learning pioneer Richard Sutton on why LLMs are not the path to achieving human intelligence, world models, continual learning, and more  —  Richard Sutton is the father of reinforcement learning, winner of the 2024 Turing Award, and author of The Bitter Lesson.
Greg Bensinger / Reuters:
At an all-hands, AWS CEO Matt Garman criticized staff for slow product rollouts and demonstrated a new agentic AI product for internal testing called Quick  —  - AWS executive criticizes slow product rollouts at Reinvent event  — Amazon grapples with AI competition and market perception
Aisha Malik / TechCrunch:
eBay agrees to acquire Tise, a social marketplace for secondhand fashion and interior design items that has raised $45M in funding, for an undisclosed sum  —  eBay announced on Monday that it's acquiring Tise, a social marketplace for second-hand fashion and interior design items.
Reuters:
Swiss microfluidic chip-cooling tech startup Corintis raised a $24M Series A, a source says at a $400M valuation, and announces adding Lip-Bu Tan to its board  —  - Corintis valued at around $400 million after Series A round - source  — Corintis plans to expand team, scale up manufacturing and open U.S. offices
Jay Peters / The Verge:
YouTube is testing AI hosts, who will share stories and trivia about the music users are listening to, in the YouTube Music app through its new Labs program  —  The hosts will share stories and trivia about the music you're listening to. … YouTube is adding AI hosts to radio and mixes …

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From Mediagazer

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Gavin Blair / The Hollywood Reporter:
The Association of Japanese Animations: Japan's anime industry revenue grew 15.8% YoY to a record ~$28.5B in 2025, with overseas revenue reaching ~$16B

Selome Hailu / Variety:
Sources: Reese Witherspoon's Hello Sunshine lays off about 30 employees, roughly 50% of its staff, as it focuses on film and TV projects and its book club brand

More News

Ivan Mehta / TechCrunch:
How developers are using Apple's local AI models in iOS 26: Lil Artist story generation, MoneyCoach's spending insights, F1 race summaries in Lights Out, more
MacKenzie Sigalos / CNBC:
Anthropic plans to triple its global workforce and expand its applied AI team 5x in 2025, after growing its business clients from ~1K to 300K+ in two years
Michael Nuñez / Venturebeat:
Perplexity launches Search API, giving developers direct access to the same web index that powers the startup's answer engine

Earlier Picks

Kate Whannel / BBC:
The UK unveils plans for a digital ID, which will be required to work in the country, to combat illegal immigration; the ID will be stored on people's phones
Bloomberg:
Meta plans to launch paid, ad-free versions of Instagram and Facebook in the UK, each costing £2.99 per month on the web, and £3.99 on iOS and Android
Jacob Judah / MIT Technology Review:
How inaccurate AI translations of Wikipedia pages, which AI models use for training, may cause a doom spiral that further marginalizes vulnerable languages
Joice Alves / Reuters:
A look at the use of tools like ChatGPT by retail investors to pick stocks, fueling a robo-advisory market boom, as experts warn of solely relying on AI
Sean Hollister / The Verge:
Microsoft and Asus open preorders for the first Xbox handhelds, the ROG Xbox Ally for $599 and the ROG Xbox Ally X for $999 in the US, shipping October 16
Jennifer Maas / Variety:
Nintendo of America President Doug Bowser will retire on December 31 after more than a decade with the company; Nintendo exec Devon Pritchard will succeed him
Juby Babu / Reuters:
Meta rolls out Vibes, a platform where users can create and share short-form, AI-generated videos, in the Meta AI app and on the meta.ai website
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