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Techmeme
June 14, 2025, 12:35 AM
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Top News

Reuters:
Sources: Google, Scale AI's largest customer, plans to cut ties with the company after the Meta deal; Microsoft, OpenAI, and xAI also plan to step back  —  Alphabet's (GOOGL.O) Google, the largest customer of Scale AI, plans to cut ties with Scale after news broke that rival Meta (META.O) …
Wall Street Journal:
Sources: Walmart, Amazon, and Expedia have recently explored issuing or using stablecoins in the US to potentially save fees from cash and card transactions  —  Corporate coins could take payments activity away from banks and the traditional financial system
Kashmir Hill / New York Times:
Some users say ChatGPT led them into conspiratorial thinking, and when confronted, it confessed to manipulation and told them to alert OpenAI and the media  —  Generative A.I. chatbots are going down conspiratorial rabbit holes and endorsing wild, mystical belief systems.
Emma Roth / The Verge:
Google says it is testing Audio Overviews for certain Search queries, available for Labs users in English in the US  —  If you opt into the test, you'll see the option to generate an Audio Overview based on some of your searches. … Google is rolling out a test that puts its AI-powered Audio Overviews …
Matt O'Brien / Associated Press:
Harvard releases Institutional Books 1.0, a dataset for AI researchers with 242B tokens, from 394M scanned pages and 983K public domain books in 254 languages  —  Everything ever said on the internet was just the start of teaching artificial intelligence about humanity.
Wall Street Journal:
23andMe says TTAM Research Institute, a nonprofit backed by Anne Wojcicki, is the new buyer for the company's assets, offering $305M and topping Regeneron's bid  —  Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bid
Samantha Cole / 404 Media:
Digital rights organizations urge the FTC to investigate Character.AI and Meta's “unlicensed practice of medicine facilitated” by therapy AI chatbots  —  Exclusive: An FTC complaint led by the Consumer Federation of America outlines how therapy bots on Meta and Character.AI …
Emily Mason / Bloomberg:
Source: Ramp raised $200M led by Founders Fund, valuing the startup at $16B, up from $13B in March, when it conducted a $150M share sale  —  Financial technology startup Ramp is now valued at $16 billion following a $200 million funding around, according to a person familiar with the matter.
More: The Information.  X: @pitdesi and @jasonlk

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From Mediagazer

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Katie Robertson / New York Times:
The NYT reports Q2 revenue up 11% YoY to $762.5M, digital-only subscription revenue up 16% to $407.9M, and adjusted operating profit up 16% to $155.3M

Ted Johnson / Deadline:
A US federal judge sets the antitrust trial over Paramount's acquisition of WBD for March 2 to March 19, 2027; Paramount had sought a November start

More News

James Hunt / The Block:
Yupp, which rewards users in crypto for comparing answers from multiple AI models and giving feedback, emerges from stealth with a $33M seed led by a16z crypto
Heather Somerville / Wall Street Journal:
The Army Reserve launches Detachment 201, an innovation corps with Palantir CTO, Meta CTO, and other tech execs advising on AI and tech as lieutenant colonels

Earlier Picks

Dominic Preston / The Verge:
Google plans to shut down Android's Instant Apps, which let users launch apps without installing them, later this year citing low usage and engagement
Dong Cao / Bloomberg:
Sources: Tencent is in early talks to acquire Nexon, the South Korean gaming giant behind Dungeon & Fighter Mobile; Tencent pursued a Nexon acquisition in 2019
Matt Swider / The Shortcut:
Nintendo Switch 2 review: great build quality, better haptics, and improved performance for Switch 1 games, but weak battery life and only a few launch titles
Emma Roth / The Verge:
Betting platform Kalshi aired a fully AI-generated 30-second ad during the NBA Finals, reportedly made in 2-3 days with 300-400 generations using Google's Veo 3
Amanda Silberling / TechCrunch:
The public feed of the Meta AI app is filled with private and sensitive information, suggesting users might not be aware they are sharing their chats publicly
CoinDesk:
Shopify partners with Coinbase to enable USDC payments for its merchants through Coinbase's Base layer-2 network, starting with a limited group of merchants
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