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June 25, 2026, 12:25 PM
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Top News

Rolfe Winkler / Wall Street Journal:
Apple raises Mac, iPad, and other product prices by 15%-25%, saying it has “never seen a component price increase this much, this quickly”; iPhone is unchanged  —  Increases come a week after Tim Cook said higher memory costs made them ‘unavoidable’
Mark Gurman / Bloomberg:
Apple says “the rapid expansion of AI data centers has created an extraordinary surge in demand for memory and storage”; the MacBook Neo rises from $599 to $699  —  Apple Inc. took the extreme measure of raising prices of all Macs, iPads, home devices and the Vision Pro on Thursday …
Ethan Gach / Kotaku:
Sony's Bungie says it is laying off a “significant number of employees”, including “most of the Destiny team”; Bungie has an estimated headcount of 800  —  The studio said the sci-fi MMO failed to meet expectations … The studio announced a “reduction in force” …
Don Clark / New York Times:
IBM details a 0.7nm chip manufacturing process that utilizes a “nanostack” 3D transistor architecture, which it says could continue chip innovation for 10 years  —  Industry leaders had worried that innovations in chip miniaturization were no longer possible.
Maggie Eastland / Bloomberg:
Sources: in a letter to US officials, Anthropic accused Alibaba of adversarial distillation, using Claude 28.8M times from April to June via almost 25K accounts  —  Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” …
Wall Street Journal:
TRM Labs: since 2019, Iran-linked crypto wallets, including those tied to Iran's central bank, have moved $3.84B+ in transactions through crypto exchange CoinEx  —  Iranian entities have moved more than $3.84 billion in transactions through the crypto exchange CoinEx, according to an analysis of public blockchain data
Aisha Malik / TechCrunch:
Facebook brings back Facebook Creator Studio as a stand-alone app with a built-in AI chatbot to help creators grow their audiences through personalized guidance  —  Facebook announced on Wednesday that it's reimagining its Creator Studio tool as a standalone AI companion app designed …
Jacob Reid / Bloomberg:
Exponential View: global AI sales, excluding China, hit $25B in Q1, exceeding an estimated $21B in data center and chip depreciation costs; margins remain thin  —  Revenue from artificial intelligence has reached a tipping point, showing that the hundreds of billions of dollars tech companies …
More: Thurrott.  X: @alexsjacquez
Samuel Stolton / Bloomberg:
Preliminary findings: the EU says Azure and AWS are “the largest and second largest” cloud services in the EU, as the bloc weighs up tougher DMA oversight  —  Microsoft Corp.'s Azure and Amazon Web Services face tough European Union guardrails after regulators said they should be targeted by the bloc's Digital Markets Act.
Tina Li / Wall Street Journal:
Mirendil, founded by former Anthropic researchers and seeking to build self-improving AI for open-source developers, raised a $200M seed at a $1B valuation  —  Mirendil raises $200 million from Andreessen Horowitz and Kleiner Perkins to make AI that can do the job of an AI engineer
Yifan Yu / Nikkei Asia:
Qualcomm CEO Cristiano Amon says the company is designing data center chips specifically for Chinese customers that are in compliance with US export controls  —  NEW YORK — Qualcomm unveiled its data center chip lineup on Wednesday, becoming the latest chipmaker to enter the AI processor race …
Cheng Ting-Fang / Nikkei Asia:
Arm EVP Mohamed Awad says its chip architecture now accounts for 50%+ of the hyperscale cloud computing market, as AI demand transforms the data center industry  —  TAIPEI — SoftBank-backed chip designer Arm says it has hit a milestone in its decades-long challenge to Intel and AMD …
More: Silicon UK
Bloomberg:
NAND flash maker Kioxia, Japan's most valuable company since June 12, plans to offer US depositary shares in spring 2027 amid AI-driven demand for memory chips  —  Kioxia Holdings Corp. plans to offer US depositary shares in the spring of 2027 and a stock split to take advantage of runaway demand …

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This is a Techmeme archive page. It shows how the site appeared at 12:25 PM ET, June 25, 2026.

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From Mediagazer

CNN:
Source: UFC CEO Dana White has declined Trump's offer to become press secretary

Ethan Gach / Kotaku:
Valnet agrees to a $2M settlement to end a 2023 suit accusing it of misclassifying some workers as contractors rather than full-time employees to deny them pay

Washington Post:
Sources: Trump ally Laura Loomer was paid, including via wire transfers worth ~$60K, for political social media posts without publicly disclosing the payments

More News

Wall Street Journal:
How Larry Ellison's $45M donation to a group supporting President Trump brought Ellison deeper into Trump's circle, helping Oracle and his son's WBD acquisition
Jagmeet Singh / TechCrunch:
Hang Ten Systems, led by former Infosys CEO Vishal Sikka, launches with a $32M seed led by Mayfield to help enterprises use AI to run software at a lower cost

Earlier Picks

Jack Healy / New York Times:
Utah Senate President J. Stuart Adams, who championed a huge data center beside the Great Salt Lake, lost his Republican primary on Tuesday after voter backlash
Kif Leswing / CNBC:
Micron reports Q3 revenue up 346% YoY to $41.46B, above $35.84B est., gross margin up, to 84.9%, above est., and forecasts Q4 revenue above est.; MU jumps 15%+
Bobby Allyn / NPR:
Documents: Meta's planned prediction markets app will use Meta AI models to generate questions from trending topics, make recommendations, and resolve markets
Bloomberg:
Sources: Google AI researchers Jonas Adler and Alexander Pritzel, both viewed internally as key contributors to Gemini, are planning to leave for Anthropic
Mateo Quiros / The Keyword:
Google makes computer use available in Gemini 3.5 Flash via the Gemini API and Gemini Enterprise Agent Platform, succeeding the Gemini 2.5 computer use model
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