Techmeme
July 1, 2025, 5:25 AM

Top News

Mark Gurman / Bloomberg:
Sources: Mike Rockwell and Craig Federighi have led efforts to assess external models to power Siri; after testing, Anthropic's tech seemed most promising  —  Apple Inc. is considering using artificial intelligence technology from Anthropic PBC or OpenAI to power a new version of Siri …
Kurt Wagner / Bloomberg:
In a memo, Mark Zuckerberg announces Meta Superintelligence Labs and 11 new hires; Nat Friedman “will partner with Alexandr Wang” to lead the new group  —  Zuckerberg wrote Monday to employees that Meta's AI efforts will fall under a new group called Meta Superintelligence Labs …
Lorenzo Franceschi-Bicchierai / TechCrunch:
The US takes down a North Korean operation that, from 2021 to 2024, impersonated 80+ people to get remote jobs at 100+ US firms, using “laptop farms” in the US  —  The U.S. Department of Justice announced on Monday that it had taken several enforcement actions against North Korea's operations …
Hannah Lang / Reuters:
Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients  —  Stablecoin firm Circle (CRCL.N) is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued …
Jody Godoy / Reuters:
A US judge denies Apple's motion to dismiss the DOJ antitrust lawsuit, filed in March 2024, accusing Apple of unlawfully dominating the US smartphone market  —  Apple (AAPL.O) must face the U.S. Department of Justice's lawsuit accusing the iPhone maker of unlawfully dominating the U.S. smartphone market, a judge ruled on Monday.
Kurt Wagner / Bloomberg:
X hires Nikita Bier, the serial entrepreneur who was behind polling startup TBH and teen-focused social network Gas, as its new head of product  —  Elon Musk's X has hired entrepreneur Nikita Bier as the platform's new head of product, giving Bier a senior role atop one of the most widely used social apps in the world.
Jon Brodkin / Ars Technica:
The latest version of the Senate's OBBB has a provision removing the 6 GHz band's protection from spectrum auctions; Wi-Fi 6E and Wi-FI 7 utilize the 6 GHz band  —  Sen. Ted Cruz (R-Texas) has a plan for spectrum auctions that could take frequencies away from Wi-Fi and reallocate them for the exclusive use of wireless carriers.
Bloomberg:
Investigation: three US Treasury hacks in the past five years were due to a failure to deploy basic security measures, as DOGE cuts further weaken the agency  —  In three major hacks, Treasury didn't deploy cybersecurity measures that could have prevented the attacks or flagged the intruders sooner …
Alex Riehl / BetaKit:
Canada-based Clio, which makes cloud tools for law firms, agrees to acquire vLex, which offers a legal and regulatory database and an AI assistant, for $1B  —  Burnaby, BC-based Clio has signed a definitive agreement for its most significant acquisition to date: Miami-based …
Bloomberg:
Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the company at $800M+  —  Mexican fintech Klar said it has raised $190 million through a Series C funding round, led by US private equity firm General Atlantic …

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More News

MacKenzie Sigalos / CNBC:
Maxwell Zeff / TechCrunch:
Samantha Subin / CNBC:

Earlier Picks

Edith Hancock / Wall Street Journal:
Will Knight / Wired:
Kerry Flynn / Axios:
Amanda Silberling / TechCrunch:
Benjamin Mayo / 9to5Mac:
Associated Press: