Techmeme
June 17, 2025, 11:25 AM

Top News

The Information:
Sources: OpenAI wants Microsoft to take a ~33% stake in exchange for foregoing future profit rights, and seeks to modify its exclusive cloud deal with Microsoft  —  Negotiations between Microsoft and OpenAI over the startup's plan to restructure its for-profit unit, which requires Microsoft's approval …
Berber Jin / Wall Street Journal:
Sources: OpenAI and Microsoft talks have become so fraught that OpenAI executives discussed accusing Microsoft of anticompetitive behavior before US regulators  —  The startup, growing frustrated with its partner, has discussed making antitrust complaints to regulators
Nieman Lab:
Reuters 2025 Digital News Report: in a first, Americans' top news source is social media, at 54%, overtaking TV, at 50%, and news websites and apps, at 48%  —  Plus: The pivot to video is really happening, digital subscriptions may have peaked, and other findings from RISJ's 2025 Digital News Report.
John Koblin / New York Times:
Nielsen: in May, Americans watched more TV on streaming than on cable and broadcast networks combined, the first time streaming was king of TV over a full month  —  In May, more Americans watched television on streaming than on cable and network television combined, Nielsen said.
Cameron Faulkner / The Verge:
Mike Rogoway / Oregonian:
Memo: Intel's manufacturing VP says Intel plans to cut 15%-20% of factory staff from July “to meet our affordability challenges and current financial position”  —  Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.
Jordan Novet / CNBC:
The US Defense Department awards OpenAI a one-year $200M contract to develop prototype AI tools that address challenges in “warfighting and enterprise domains”  —  OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools.
Katie Notopoulos / Business Insider:
The Meta AI app now shows a pop-up warning before users share to the public Discover feed, after reports showed accidentally shared chats with personal info  —  - Business Insider found that the Meta AI app's public feed was full of personal information that looked to be accidentally published.
Jess Weatherbed / The Verge:
Adobe debuts Firefly for iOS and Android, letting mobile users generate images and videos using text prompts and experiment with popular AI photo editing tools  —  The iPhone and Android Firefly app can sync AI image and video projects to desktops via Creative Cloud.
Bloomberg:
Shanghai-based MiniMax open sources MiniMax-M1, a model for complicated productivity tasks that supports 1M input tokens and it says beats DeepSeek's R1-0528  —  Chinese AI upstart MiniMax released a new large language model, joining a slew of domestic peers inspired to surpass DeepSeek in the field of reasoning AI.
Rohan Paul / @rohanpaul_ai:
[Thread] A US paper shows the best frontier LLM models solve 0% of hard coding problems from Codeforces, ICPC, and IOI, domains where expert humans still excel  —  This is really BAD news of LLM's coding skill. ☹️ The best Frontier LLM models achieve 0% on hard real-life Programming Contest problems, domains where expert humans still excel. LiveCodeBench Pro, a benchmark composed of problems from Codeforces, ICPC, and IOI ("International [image]

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