Techmeme
June 3, 2026, 10:25 AM

Top News

Imran Rahman-Jones / BBC:
The UK CMA says publishers in the country will be allowed to opt out of Google's AI Overviews search results, giving Google nine months to implement the changes  —  Online publishers can choose not to appear in the AI Overviews of Google search results n the UK, the Competition and Markets Authority (CMA) has announced.
Igor Bonifacic / Engadget:
Google says it is testing a new toggle inside its Search Console with some UK domain owners, letting them decide whether their sites appear in AI search results  —  The company says opting out won't impact placement in regular searches.  —  More than three years after it began rolling …
Echo Wang / Reuters:
Source: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, an unusual move as companies typically set a price range before their roadshow  —  SpaceX plans to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share …
Mathieu Pollet / Politico:
The EU Commission unveils its tech sovereignty package, including the EU's Cloud and AI Development Act, in a bid to reduce its reliance on US tech companies  —  The European Commission's so-called tech sovereignty plan aims to boost domestic champions rather than shut out American competitors.
Jay Peters / The Verge:
Microsoft debuts MAI-Thinking-1, its first advanced reasoning AI model, trained “from the ground up on clean data, without distillation from third-party models”  —  MAI-Thinking-1 is one of seven new models announced at Build 2026. … Microsoft announced a bunch of new in-house AI models …
Jyoti Mann / The Information:
Internal memo: Meta is scaling back elements of its MCI employee tracking tool, launched in April to help train its AI models, after staff raised concerns  —  Meta Platforms is scaling back elements of its employee tracking tool after staff raised concerns about the tool, according to an internal memo reviewed by The Information.
Carl Franzen / VentureBeat:
Alibaba releases Qwen3.7-Plus, a multimodal proprietary model with a 1M-token context window, costing $2 per 1M tokens, 60% less than the text-only Qwen3.7-Max  —  However, like its immediate predecessor Qwen3.7-Plus is available only under a “closed” commercial license via proprietary …
Helene Braun / CoinDesk:
Mastercard says it plans to offer on-chain settlement using several regulated USD stablecoins, initially supporting USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD  —  The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money. … What to know:
Jason Koebler / 404 Media:
Email: Google asked Google Play app developers to “join a confidential content offer pilot”, offering to pay for codebase access to train its AI coding tools  —  Google is trying to buy code from some Android developers as part of a “confidential” program.
Bloomberg:
Bitcoin fell as much as 7% over 24 hours to below $67K on June 2 for the first time since April, following Strategy's first BTC sale since 2022; MSTR fell 9.15%  —  Souring Bitcoin sentiment has triggered almost $1.5 billion in crypto liquidations over the past 24 hours, as the largest digital asset sank back to a two-month low.
Aisha S Gani / Bloomberg:
How Revolut founder Nikolay Storonsky's Elon Musk-style pay packages pushed his fortune to ~$20.4B, making him the UK's richest person, ahead of a planned IPO  —  CEO Nik Storonsky turned a scrappy startup into a fintech juggernaut — now he has to convince the world that his company is as safe as a bank
Sawdah Bhaimiya / CNBC:
Marvell's stock closed up 32.52% on June 2, its biggest one-day gain, after Jensen Huang called the US data center chipmaker the “next trillion-dollar company”  —  Nvidia's CEO Jensen Huang hailed Marvell Technology as the next trillion-dollar firm, sending its shares up 32% on Tuesday.
Gavin Finch / Reuters:
The US sanctions Nobitex, Iran's largest crypto exchange, accusing it of helping Iran's government and blacklisted state institutions evade Western sanctions  —  The United States announced sanctions on Iran's biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government …
Stephen Nellis / Reuters:
Microsoft unveils Majorana 2, a quantum chip that it developed using AI tools for materials science, and says it will have commercial quantum machines by 2029  —  Microsoft (MSFT.O) on Tuesday unveiled a new quantum computing chip that it redesigned with the help of AI …
Kylie Robison / Core Memory:
How startups Westmag, which raised an $11M, a16z-led seed in August 2025, and Atlas are seeking to make actuators, the foundation of hardware, outside of China  —  Westmag and Atlas Motion Systems are here to fix the actuator crisis  —  At a hardware happy hour in the Mission …

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Samantha Subin / CNBC:
Lily Hay Newman / Wired:
Reece Rogers / Wired:
Todd Bishop / GeekWire: