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October 2, 2025, 4:30 PM
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Top News

Shirin Ghaffary / Bloomberg:
Source: OpenAI completed a secondary share sale that let staff sell ~$6.6B at a $500B valuation, making it the world's most valuable startup, ahead of SpaceX  —  OpenAI has completed a deal to help employees sell shares in the company at a $500 billion valuation, propelling …
Reuters:
Source: OpenAI employees sold shares to a consortium of investors including Thrive Capital, SoftBank, Dragoneer, Abu Dhabi's MGX, and T. Rowe Price  —  OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold …
Jason Koebler / 404 Media:
OpenAI's Sora 2 generates copyright infringing content, including numerous AI-generated clips featuring SpongeBob, Pokémon, Mario, Rick and Morty, and Star Wars  —  Within moments of opening OpenAI's new AI slop app Sora, I am watching Pikachu steal Poké Balls from a CVS.
M.G. Siegler / Spyglass:
Sora, which is fun and simple to use, shows that OpenAI remains good at creating viral products, unlike Meta, whose Vibes video feed feels half-baked and obtuse  —  Another viral product hit for OpenAI, this time in video...  It's been a long time since I've been this sucked into an app.
New York Times:
As Sora clips go viral, users express awe and delight as others warn about IP theft and that its Cameos could lead to new kinds of misinformation and scams
Bloomberg:
A Google executive and sources: a ransomware group that says it has Cl0p ties is sending extortion emails, claiming it stole data from Oracle's E-Business Suite  —  Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims …
Jess Weatherbed / The Verge:
Disney says that Hulu will replace the Star hub on Disney+ from October 8 in non-US markets, in an effort to turn Hulu into an internationally recognized brand  —  Starting on October 8th, Hulu will replace Star on Disney Plus in international markets.
Russell Brandom / TechCrunch:
Anthropic hires former Stripe CTO Rahul Patil as its new CTO, taking over from co-founder Sam McCandlish, who will move to a new role as chief architect  —  Anthropic has a new chief technical officer, former Stripe CTO Rahul Patil.  Patil started at the company earlier this week …
Sarah Perez / TechCrunch:
Meta unveils communities on Threads, starting with 100+ dedicated spaces for casual conversations around topics like basketball, television, and K-pop music  —  Instagram Threads, Meta's X rival that now has over 400 million monthly active users, is officially launching a new feature …
Lawrence Abrams / BleepingComputer:
Red Hat confirms a breach of a GitLab instance after the extortion group Crimson Collective claimed to have stolen ~570GB of data from 28K internal repositories  —  Correction: After publishing, Red Hat confirmed that it was a breach of one of its GitLab instances, and not GitHub.  Title and story updated.
Financial Times:
Asahi says most of its 30 factories in Japan have not operated since September 29 following a cyberattack, leaving Japan with just days of Asahi Super Dry stock  —  Vast majority of factories of nation's most popular beer have stopped work this week  —  Japan is just a few days away …
Mark Gurman / Bloomberg:
Sources: Apple paused development of a lighter, cheaper Vision Pro to focus on smart glasses, including a no-display model for 2027 and one with a display later  —  Apple Inc. has hit pause on a planned overhaul to its Vision Pro headset to redirect resources toward a more urgent effort …
Maya Dharampal-Hornby / Sifted:
NYC-based Dash0, which offers AI agents to monitor and troubleshoot cloud, app, and infrastructure issues, raised a $35M Series A, taking its funding to $44.5M  —  The platform has over 300 paying customers including Starling and Porsche  —  Dash0, an AI-native observability platform …
Anna Nicolaou / Financial Times:
Sources: Universal Music and Warner Music are nearing landmark AI licensing deals with companies like Google, Spotify, ElevenLabs, Stability AI, Suno, and Udio  —  Universal and Warner seek payment structure similar to streaming as more disruption looms  —  Universal Music and Warner Music …
Charles Rollet / Business Insider:
Perplexity is making its AI browser Comet, previously $200/month with Perplexity Max, free, with rate limits; Perplexity says Comet has millions on its waitlist  —  Follow Charles Rollet … Saved  —  Add us on  — Perplexity is making its $200-a-month browser free for everyone.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:30 PM ET, October 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

Alex Weprin / The Hollywood Reporter:
A look at ABC News' 24-hour Fourth of July programming marathon for the US' 250th anniversary, which it calls “the longest commercial broadcast in history”

Peter Walker / The Guardian:
UK Culture Secretary Lisa Nandy says she and her department will stop using X because the site favors “abuse and misinformation over meaningful debate”

Matthew Weaver / The Guardian:
Three men have been found not guilty of murdering the journalist Lyra McKee in 2019; the New IRA claimed responsibility for the killing

More News

Earlier Picks

Bloomberg:
Data center real estate investment trust Fermi, co-founded by former US Energy Secretary Rick Perry, closed up 55% in its Nasdaq debut, valuing Fermi at ~$19.3B
Matt Durot / Forbes:
Elon Musk became the first person to surpass a $500B net worth, after Tesla's shares climbed 3.5% on October 1; Musk is $150B ahead of runner-up Larry Ellison
Rebecca Szkutak / TechCrunch:
Salesforce launches Agentforce Vibes, an enterprise vibe-coding tool and IDE built on a fork of open-source AI coding agent Cline's Visual Studio Code extension
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