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April 2, 2026, 7:20 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.
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.
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.
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 …
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 …
Dan Milmo / The Guardian:
Ofcom: the share of adult UK social media users actively posting, sharing, or commenting falls to 49%, down from 61% in 2024, as users become more selective  —  Ofcom research shows people also concerned old posts could affect personal or professional life  —  Social media users in the UK …
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:
Financial Times:
Sources: Amazon is in talks to acquire Globalstar to bolster its low Earth orbit satellite business; Apple's 20% stake in Globalstar is a complicating factor  —  Ecommerce giant is trying to catch up with SpaceX's low Earth orbit internet service  —  Amazon is in talks to acquire …
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 …
Erin Griffith / New York Times:
How AI helped Medvi, a telehealth provider of GLP-1 weight-loss drugs with just two full-time employees, hit $401M in 2025 sales, as it tracks for $1.8B in 2026  —  Matthew Gallagher took just two months, $20,000 and more than a dozen artificial intelligence tools to get his start-up off the ground.
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

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This is a Techmeme archive page. It shows how the site appeared at 7:20 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

New York Times:
Sources: an Iranian-aligned militia in Iraq is seeking the release of several detained militia members in exchange for freeing journalist Shelly Kittleson

Neel Dhanesha / Nieman Lab:
Three independent journalists experiment with a 30-day bundle of their newsletters for $8.50, half the normal price, using a service called Trustfnd

Rick Porter / The Hollywood Reporter:
Netflix averaged 3M viewers for its Opening Night MLB game March 25, a bit short of NBC and Peacock's MLB broadcast the next night, with 3.2M viewers

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
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

Earlier Picks

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
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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