Techmeme
April 2, 2026, 6:50 AM

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 …
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:
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 …
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
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%  —  Intel Corp., the chipmaker aiming to restore its manufacturing prowess, agreed to pay $14.2 billion to buy back half of a plant …
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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Naga Avan-Nomayo / The Block:

Earlier Picks

Ben Weiss / Fortune:
Financial Times:
Hema Parmar / Bloomberg:
The Information: