Techmeme
July 7, 2025, 6:25 PM

Top News

Dana Wollman / Bloomberg:
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity  —  The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.
Juli Clover / MacRumors:
Apple appeals the EU's €500M DMA fine, levied in April 2025 over its App Store steering rules, claiming the decision goes “far beyond what the law requires”  —  Apple is appealing the 500 million euro ($570 million) fine that it is facing in the European Union for allegedly violating the Digital Markets Act.
Kevin Breuninger / CNBC:
Trump announces 25% tariffs on Japan, South Korea, and Malaysia, 32% for Indonesia, 36% for Cambodia and Thailand, 40% for Laos and Myanmar, starting August 1  —  At least 14 countries' imports are set to face steep blanket tariffs starting Aug. 1, President Donald Trump revealed Monday.
MacKenzie Sigalos / CNBC:
Jack Dorsey shares TestFlight and GitHub links to his “weekend project”, Bitchat, a decentralized P2P messaging iOS app that relies on Bluetooth mesh networks  —  Block CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely …
Sri Muppidi / The Information:
OpenAI told investors stock compensation jumped over 5x last year to $4.4B, or 119% of total revenue for that period but expects it to drop to under 10% by 2030  —  OpenAI has signaled it will hike pay for some employees in the wake of a raid by Meta Platforms on its artificial intelligence researchers.
Sean Hollister / The Verge:
Epic reaches a settlement with Samsung, which it sued over allegedly conspiring with Google to undermine third party app stores  —  Epic isn't saying what it got out of Samsung. … An “Auto Blocker” feature on Samsung Android phones, which was turned on by default, automatically kept users …
Sarah Perez / TechCrunch:
In iOS 26 beta 3, Apple dials back the degree of transparency in many UI elements, following user complaints about Liquid Glass  —  The iPhone's new glassy look has been toned down with Monday's release of the third developer beta of iOS 26.  This follows user complaints that the update …
Emanuel Maiberg / 404 Media:
A look at various responses to AI firms' scraping, like open source Anubis that uses cryptographic JavaScript challenges, Cloudflare's “link mazes”, and more  —  For someone who says she is fighting AI bot scrapers just in her free time, Xe Iaso seems to be putting up an impressive fight.
Zac Bowden / Windows Central:
Stat Counter: Windows 11 had a 50.9% share of the Windows market on July 4, ahead of Windows 10's 46.2%; the OS, released in 2021, only had a <10% share in 2022  —  After four years on the market, Windows 11 has finally surpassed Windows 10 to become the most dominant desktop OS platform in the world.
Bloomberg:
Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from key rivals, after a GitHub group debated its origins  —  The Pangu Pro MoE is the world's first model of its kind to be trained on Ascend chips — Huawei's answer to Nvidia Corp.'s AI accelerators …
Dominic-Madori Davis / TechCrunch:
An analysis of Crunchbase and PitchBook data: in 2025 so far, 36+ tech startups hit a $1B+ valuation, including seven in June, six in May, and four in April  —  With AI igniting an investor frenzy, every month, more startups obtain unicorn status.  —  Using data from Crunchbase and PitchBook …
Bloomberg:
Paris-based Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients  —  The French group said it will take over the US-listed firm for $76.50 per share, a premium of about 28% to WNS's average price over the past 90 days.

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Earlier Picks

Ben Cohen / Wall Street Journal:
The Guardian: