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Techmeme
April 2, 2026, 6:30 AM
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Top News

The Economic Times:
Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that has reportedly affected 30,000 staff worldwide  —  Oracle has cut around 10,000 jobs in India, sources told ET.  This is part of a global restructuring affecting 30,000 employees.
Bloomberg:
Sources: SpaceX has filed confidentially for an IPO, putting it on track for a June listing; SpaceX could reportedly seek a $1.75T+ valuation and raise ~$75B  —  SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter …
Ryan D'Agostino / Esquire:
Tim Cook reflects on 50 years of Apple, Steve Jobs' legacy, reaffirming the company's values, working with a “very accessible” Trump administration, and more  —  Apple's iconic CEO speaks exclusively with Esquire about fifty years of Apple history—and the future the company is continuing to create.
Cloudflare:
Cloudflare debuts EmDash, an MIT-licensed, TypeScript-based CMS built on Astro, designed as a serverless “spiritual successor” to WordPress, available on GitHub  —  The cost of building software has drastically decreased.  We recently rebuilt Next.js in one week using AI coding agents.
Julie Bort / TechCrunch:
A whistleblower alleges Delve pitched a modified copy of open-source no-code tool SimStudio as its own, a practice that could violate the software's license  —  The controversy surrounding compliance startup Delve has gone from bad to worse this week.  Among the fresh allegations …
Luz Ding / Bloomberg:
Alibaba releases Qwen3.6-Plus, its third proprietary, closed-source AI model launched within a three-day period, saying it “drastically enhanced” agentic coding  —  Alibaba Group Holding Ltd. has released its third proprietary AI model in as many days, reinforcing the company's intent …
Helene Braun / CoinDesk:
Solana-based DeFi platform Drift warns users about an “active attack” on its protocol; Arkham data says $250M+ moved from Drift to an interim wallet  —  The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution. … What to know:
Abner Li / 9to5Google:
Google increases the storage of its $19.99 per month AI Pro subscription plan to 5TB, up from 2TB, at no additional cost; 10TB costs $49.99 per month  —  Google today announced that AI Pro subscriptions now come with 5 TB of storage.  —  Previously, subscribers of the $19.99 per month plan got 2 TB, just like the $9.99 tier.
Bloomberg:
Sources: Chinese optics company and Nvidia supplier Innolight confidentially filed for a Hong Kong IPO that could raise $3B+; Innolight is listed in Shenzhen  —  Chinese optics firm Zhongji Innolight Co. has confidentially filed for a Hong Kong listing, according to people familiar with the development …
Sally Weale / The Guardian:
UK National Education Union poll: 66% of secondary school teachers in England say pupils using AI are losing their capacity for core skills like writing  —  Two-thirds of secondary school teachers report a decline in core abilities such as writing and problem-solving
Stevie Bonifield / The Verge:
Raspberry Pi raises prices by between $11.25 and $150, citing higher memory costs after December 2025 and February 2026 hikes, and unveils a 3GB Pi 4 for $83.75  —  Prices are going up by over $100 in some cases thanks to those AI fools. … As of today, the price of the 16GB version …
Vicky Ge Huang / Wall Street Journal:
Franklin Templeton agrees to acquire CoinFund spinoff 250 Digital to form Franklin Crypto, which will offer strategies designed for institutional investors  —  Money manager's crypto investment unit will offer strategies designed for institutional investors

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:30 AM ET, April 2, 2026.

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

Associated Press:
After a short-term hold, SCOTUS denies former Fox News reporter Catherine Herridge's bid to stay an $800-a-day fine if she refuses to reveal a source

Jessica Toonkel / Wall Street Journal:
A look at Comcast co-CEO Brian Roberts' earlier bundling strategy for connectivity and content, and his plan now to unbundle in order to keep growing

Angela Fu / Poynter:
Lee Enterprises, which owns the St. Louis Post-Dispatch and more, told its newspapers to run a three-story package on new chairman David Hoffmann on front pages

More News

Naga Avan-Nomayo / The Block:
Crypto asset manager CoinShares began trading on the Nasdaq on April 1, marking its entry into US public markets after its $1.2B SPAC merger with Vine Hill

Earlier Picks

Ben Weiss / Fortune:
Sources: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal that will cater to professional traders and market makers
Financial Times:
Source: AWS' operation in Bahrain was damaged after an Iranian strike; Bahrain earlier said the civil defence force was “extinguishing a fire in a facility”
Hema Parmar / Bloomberg:
Secondary share marketplaces say OpenAI shares have fallen out of favor, in some cases becoming difficult to unload, as investors pivot quickly to Anthropic
The Information:
Anthropic's Claude Code leak reveals its “Kairos” updates, including letting Claude work in the background and using a “dream mode” to consolidate its memories
Ian King / Bloomberg:
Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 JV in Ireland, and plans to issue $6.5B in new debt to fund it; INTC closed up 8.84%
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