Techmeme
June 24, 2025, 11:00 AM

Top News

Jason Schreier / Bloomberg:
Sources: Microsoft is planning a round of Xbox layoffs next week, with managers expecting substantial cuts, the fourth big layoff at Xbox in the past 18 months  —  The video-game division's latest round of layoffs is expected next week … Managers within Xbox are expecting substantial cuts across …
Jez Corden / Windows Central:
Microsoft and Meta unveil the $399 Meta Quest 3S Xbox Edition, a bundle with the $299 Meta Quest 3S in a new color, available in “extremely limited” quantities  —  Last year, Microsoft revealed it was working on an Xbox edition Quest VR headset with Meta of Facebook fame.
Google Developers Blog:
The Linux Foundation unveils the Agent2Agent project, with founding members including Google, Amazon, and Microsoft; Google donated the protocol spec and SDKs  —  Today at Open Source Summit North America, the Linux Foundation announced the formation of the Agent2Agent project with Amazon Web Services …
Financial Times:
The UK CMA proposes to designate Google with “strategic market status” in general search and search advertising under the new Digital Markets Competition Regime  —  Big Tech giant slams Competition and Markets Authority's plan as ‘punitive’ and risk to economic growth
Andrew J. Hawkins / The Verge:
Waymo launches robotaxis in Atlanta available exclusively in Uber's app, covering a 65-square-mile area excluding highways, after launching in Austin on March 4  —  Atlanta is the second city to host Uber and Waymo's burgeoning partnership. … Uber customers in Atlanta now have the option …
Bloomberg:
The NHTSA says it is investigating incidents of Tesla's robotaxis apparently violating traffic laws, like by entering opposite lanes, as seen on social media  —  The US National Highway Traffic Safety Administration is aware of the incidents that were captured in videos posted on social media …
Financial Times:
Nathan Lambert / Interconnects:
A look at 2025's AI models and what's next: OpenAI's o3 is a technical breakthrough, agents will improve randomly and in leaps, but scaling parameters will slow  —  Summer is always a slow time for the tech industry.  OpenAI seems fully in line with this, with their open model “[taking] …
Ben Thompson / Stratechery:
Rebecca Szkutak / TechCrunch:
Eventual, which develops Daft, a Python-native open-source data processing engine, raised a $7.5M seed led by CRV and a $20M Series A led by Felicis Ventures  —  When Eventual founders Sammy Sidhu and Jay Chia were working as software engineers at Lyft's autonomous vehicle program …
Ryan Browne / CNBC:
Digital Asset, which builds the Canton Network, an open-source public blockchain for regulated financial institutions, raised $135M co-led by DRW and Tradeweb  —  Crypto company Digital Asset said Tuesday that it's netted $135 million in funding from a raft of major names in banking and finance.
Andy Greenberg / Wired:
Elliptic: Telegram-based crypto scam marketplaces like Tudou Guarantee have almost entirely filled the void left by Telegram banning the two biggest a month ago  —  Last month, Telegram banned black markets that sold tens of billions of dollars in crypto scam-related services.
Boone Ashworth / Wired:
Google, the Earth Fire Alliance, and Muon Space's FireSat aims to launch 52 satellites by 2029 to detect wildfires globally and will make the data accessible  —  A partnership with the nonprofit Earth Fire Alliance and satellite manufacturer Muon Space is giving Google a better shot at tracking wildfires …

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More News

Freya Jones / Bloomberg:
Maxwell Zeff / TechCrunch:
Chris Welch / Bloomberg:
Paul Thurrott / Thurrott:
Larry Dignan / Constellation Research:

Earlier Picks

Will Sattelberg / 9to5Google:
Wired:
Emily Mason / Bloomberg:
Jody Godoy / Reuters:
Jez Corden / Windows Central: