| Cheng Ting-Fang / Nikkei Asia: |
TSMC CEO C.C. Wei says TSMC expects a record profit in 2025 despite geopolitical, tariff, and FX risks, and confirms it is not building a fab in the Middle East — HSINCHU, Taiwan — Taiwan Semiconductor Manufacturing Co. on Tuesday said it expects to log a record profit … | Debby Wu / Bloomberg: |
TSMC CEO C.C. Wei blames worsening traffic for delays in adding a second plant in Japan, and reaffirms plans to spend $100B in Arizona over the next five years — Wei reaffirmed a commitment to spend another $100 billion ramping up manufacturing in Arizona over the next half-decade.| Bloomberg: |
Sources: Elon Musk is selling $5B in xAI debt at a double-digit interest rate via Morgan Stanley, with demand already over $3.5B and commitments due by June 17 — Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series … | Maxwell Zeff / TechCrunch: |
| Financial Times: |
| Thomas Ptacek / Fly: |
A software developer explains how LLMs, especially AI agents, help automate tedious coding tasks and addresses concerns like hallucinations, job loss, and more — Tech execs are mandating LLM adoption. That's bad strategy. But I get where they're coming from.| Reuters: |
Microsoft, Google, CrowdStrike, and Palo Alto plan a public glossary of state-sponsored hacking groups to ease confusion over the spread of unofficial aliases — Microsoft, CrowdStrike, Palo Alto (PANW.O) and Alphabet's (GOOGL.O) Google on Monday said they would create a public glossary … | Cristina Criddle / Financial Times: |
AI pioneer Yoshua Bengio launches LawZero, a nonprofit focused on safer AI; LawZero has raised $30M in donations, including from Skype co-founder Jaan Tallinn — Turing Award winner launches LawZero not-profit for safer AI, while warning recent models display dangerous characteristics| Richard Lawler / The Verge: |
Microsoft announces new Windows changes in response to the EU's DMA for EEA users, including Edge not prompting users to set it as the default unless opened — Apparently only the Digital Markets Act can stop Bing from begging you to switch . … Microsoft's changes in response … | Gregory Meyer / Financial Times: |
A look at Walmart's use of automation to grow sales without adding staff, as analysts say its efforts raise questions about the future of US retail labor — Growth in ecommerce and automation sparks questions about future of retail sector's labour force — Roula Khalaf, Editor of the FT … | Financial Times: |
Sources: Xiaomi is among the Chinese tech companies most impacted by new US chip design export rules, affecting its new 3nm mobile chip made by TSMC in Taiwan — Companies may struggle to manufacture silicon in Taiwan with export controls preventing updates to design tools| New York Times: |
Sources: the FTC is investigating whether roughly a dozen US advertising and advocacy groups violated antitrust law by coordinating boycotts among advertisers — The regulator is looking into whether roughly a dozen groups violated antitrust law by coordinating boycotts among advertisers.| Chester Dawson / Bloomberg: |
Indeed says CEO Chris Hyams is stepping down, replaced by parent Recruit Holdings CEO Hisayuki “Deko” Idekoba, who is returning to the role after six years — Hisayuki ‘Deko’ Idekoba resumed the top job from Chris Hyams, who has stepped down. Idekoba will also continue running … | Tim Starks / CyberScoop: |
Cynthia Kaiser, the FBI's ex-deputy assistant director leading cyber policy, intel, and engagement, is leaving to join cybersecurity company Halcyon as SVP — The 20-year bureau pro wants to see what it's like to fight ransomware from the private sector. — Learn more.| Mishaal Rahman / Android Authority: |
Google is ending PayPal account integration in Google Wallet for US users, effective June 13, after stopping new PayPal account linking in April 2025 — Later this month, Google Wallet will no longer let users in the U.S. use their PayPal account for payments| Belle Lin / Wall Street Journal: |
Snowflake agrees to acquire Crunchy Data, a cloud-based database service that helps businesses and government agencies use PostgreSQL, a source says for ~$250M — The cloud data company aims to attract customers who want to build their own artificial intelligence agents| Michael Acton / Financial Times: |
Alphabet offers to spend $500M+ over ten years to rebuild its global compliance structure, in a settlement proposal for an antitrust lawsuit from shareholders — Latest move comes as tech giant is attacked on multiple legal fronts that threaten its break-up
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| Belle Lin / Wall Street Journal: |
| Natalie Lung / Bloomberg: |
| Jon Brodkin / Ars Technica: |
| David Heaney / UploadVR: |
| Maya Goldman / Axios: |
| Sarah Perez / TechCrunch: |