Techmeme
July 2, 2025, 4:35 PM

Top News

Jordan Novet / CNBC:
Source: Microsoft plans to lay off ~9,000 employees, or less than 4% of its workforce, across teams and role types, after cutting ~6,000 in May and 300+ in June  —  Microsoft said Wednesday that it will lay off about 9,000 employees.  The move will affect less than 4% of its global workforce …
More: Windows Central, Video Games Chronicle, Windows Central, IGN, The Verge, Variety, Variety, The Verge, The Register, GeekWire, Thurrott, Dallas Business Journal, PYMNTS.com, GamesIndustry.biz, Associated Press, Financial Times, Australian Financial Review, Business Today, Seattle Business Journal, New York Times, MediaPost, Los Angeles Times, Wall Street Journal, Cord Cutters News, AfroTech, Plain Dealer, MobileSyrup, UPI, Nintendo Life, The Information, CNN, The Verge, Business Insider, Entrepreneur, Eurogamer.net, Bloomberg, Fortune, CRN, Neowin, ITPro Today, Telegraph, New York Post, Gamereactor UK, Barron's Online, Türkiye Today, The Game Post, The Wrap, Gulf News, Cryptopolitan, ITPro, The Boston Globe, Irish Independent, Mashable, Techpresso, Channel Futures, WinBuzzer, Aftermath, Game Rant, Irish Independent, Nairametrics, The Indian Express, TechCrunch, iPhone in Canada, Daily Kos, GamingBolt, and PC Games Insider
Eddie Makuch / GameSpot:
Microsoft cuts hundreds of Xbox jobs across studios, sources say including Halo Studios and King, and cancels games like Perfect Dark and Everwild  —  GameSpot may receive revenue from affiliate and advertising partnerships for sharing this content and from purchases through links.
Bloomberg:
Sources: OpenAI will rent additional computing power from Oracle, totaling about 4.5 gigawatts of US data center power, as part of its Stargate initiative  —  The AI company will rent additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US …
Bloomberg:
Analysis: crypto ventures have added at least $620M to President Trump's fortune in months, overshadowing traditional real estate licensing deals  —  The Trumps have used their name and connections to profit from digital assets at a quicker clip than from their traditional real estate business.
Bloomberg:
Sources: Foxconn recalled 300+ Chinese engineers from its Indian iPhone factories over the past two months, a blow for Apple as it ramps up iPhone 17 production  —  The bulk of Foxconn's Chinese staff at iPhone plants in southern India have been told to fly back in a move that began about two months ago …
Johana Bhuiyan / The Guardian:
A report finds Google undercounted its carbon emissions, which rose 65% from 2019 to 2024, not 51% as claimed; the largest YoY jump was 26%, from 2023 to 2024  —  Research says Google's carbon emissions went up by 65% between 2019-2024, not 51% as the tech giant had claimed
More: WinBuzzer, ITPro, ESG Dive, AI News, and SupplyChainBrain
Bluesky: @tamigraph and @jmbooyahForums: Slashdot
Abbie Richards / Media Matters for America:
TikTok users are posting AI-generated videos, seemingly made with Google's Veo 3, depicting racist and antisemitic tropes that have garnered millions of views  —  Google's Veo AI video generator is seemingly being used to generate videos depicting racist and antisemitic tropes
Emma Roth / The Verge:
ICEBlock, an app for reporting sightings of ICE officials, was the top free app in the US App Store on Tuesday; the app claims to collect no personal data  —  After threats from the Trump administration, the popularity of ICEBlock surged. … ICEBlock, an app that lets users anonymously report sightings …
Angelique Chrisafis / The Guardian:
A French court finds three ex-Ubisoft executives, including the chief creative officer, guilty of enabling a culture of sexual and psychological harassment  —  Former staff likened offices of video game company in Paris to ‘boys’ club above the law'  —  Three former executives …
Jessica Toonkel / Wall Street Journal:
Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle  —  The streamer has had talks with Spotify about partnering on events  —  Netflix ascended by offering prestige TV and movies on demand for a monthly fee.
Reuters:
Sources: Intel is considering writing off its 18A and 18A-P manufacturing processes and stopping their marketing, focusing instead on 14A to compete with TSMC  —  Intel's (INTC.O) new chief executive is exploring a big change to its contract manufacturing business to win major customers …
Lawrence Abrams / BleepingComputer:
Qantas discloses a cyberattack after hackers gained access to a third-party platform with 6M customers' personal data, but says no financial info was exposed  —  Australian airline Qantas disclosed that it detected a cyberattack on Monday after threat actors gained access to a third-party platform containing customer data.

Sponsor Posts

Google:
Reimagine your photos with a prompt  —  Our new native image generation and editing is state-of-the-art, and ranked #1 in the world.  Try it for free in the Gemini app.
Zoho:
Planned US Data Center Maintenance on 23rd November 2025 and 07th December 2025, between 08.30PM to 12.30AM PST  —  Dear Customers,Our annual infrastructure maintenance for our US Data Center is scheduled for 23rd November 2025 …
Sevalla:
Sevalla - PaaS from the future  —  Deploy your app before your coffee gets cold.  It's that simple.  Application, database, object storage and free static site hosting.  Start with $50 free credit!
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Decoder with Nilay Patel:
Sir Tim Berners-Lee doesn't think AI will destroy the web
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
From Yext to Roam: Howard Lerman's Second Act
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
"Sell the alpha, not the feature": The enterprise sales playbook for $1M to $10M ARR | Jen Abel
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
[trading places]:
Phil Haslett EquityZen 🧘🏻‍♂️ | Goldman Acquires Industry Ventures 💰 | Deel at $17B 🤝
a very bad podcast about broken unicorns & busted carry hosted by dave mcclure and aman verjee
Subscribe to [trading places].
Big Technology Podcast:
OpenAI Bailout?, Elon's $1 Trillion Pay Deal, Amazon Sues Perplexity
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
We Met NEO, the Viral Humanoid Robot + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:35 PM ET, July 2, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Allie Garfinkle / Fortune:
Tabby Kinder / Financial Times:
Kurt Wagner / Bloomberg:
Jordan Novet / CNBC:
Emma Roth / The Verge:
Maxwell Zeff / TechCrunch: