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Meta announces a $14.3B investment in Scale AI and hires CEO Alexandr Wang to help oversee its AI efforts; source: Scale AI's post-money valuation is $29B (Bloomberg)
2025-06-13 01:51 - https://www.techmeme.com/feed.xml
 
The public feed of the Meta AI app is filled with private and sensitive information, suggesting users might not be aware they are sharing their chats publicly (Amanda Silberling/TechCrunch)
2025-06-13 00:51 - https://www.techmeme.com/feed.xml
 
Instagram plans to let users rearrange their grid, a first, and is testing a way for users to quietly post to their profile without it appearing in users' feeds (Aisha Malik/TechCrunch)
2025-06-12 23:51 - https://www.techmeme.com/feed.xml
 
Google Cloud suffered an outage on Thursday, affecting many of its customers; Cloudflare, Spotify, Discord, Snapchat, and others experienced service disruptions (Maxwell Zeff/TechCrunch)
2025-06-12 23:51 - https://www.techmeme.com/feed.xml
 
Adobe reports Q2 revenue up 11% YoY to $5.87B, vs. $5.8B est., Digital Media revenue up 11% to $4.35B, and forecasts Q3 revenue above estimates (Brody Ford/Bloomberg)
2025-06-12 22:50 - https://www.techmeme.com/feed.xml
 
Sources: Apple has set an internal release target of spring 2026 for its delayed upgrade of Siri, as part of an iOS 26.4 software update (Mark Gurman/Bloomberg)
2025-06-12 21:50 - https://www.techmeme.com/feed.xml
 
Internal docs: Fidelity, TPG, Sequoia, and others are buying ~$250M worth of shares in xAI under a tender offer valuing it at $113B; Fidelity is purchasing $20M (New York Times)
2025-06-12 21:50 - https://www.techmeme.com/feed.xml
 
Shopify partners with Coinbase to enable USDC payments for its merchants through Coinbase's Base layer-2 network, starting with a limited group of merchants (CoinDesk)
2025-06-12 20:50 - https://www.techmeme.com/feed.xml
 
Google services, AWS, Spotify, Cloudflare, and other services appear to be in a partial outage, according to Downdetector (Ben Schoon/9to5Google)
2025-06-12 19:50 - https://www.techmeme.com/feed.xml
 
Coinbase announces its first branded credit card, in partnership with American Express, for Coinbase One US users, and creates a lower-cost Basic subscription (Tanaya Macheel/CNBC)
2025-06-12 19:50 - https://www.techmeme.com/feed.xml
 
Sources: Scale AI plans to promote Chief Strategy Officer Jason Droege to CEO, replacing Alexandr Wang, who is set to join Meta after its investment in Scale AI (Shirin Ghaffary/Bloomberg)
2025-06-12 20:50 - https://www.techmeme.com/feed.xml
 
Jensen Huang says Nvidia will exclude the Chinese market from its revenue and profit forecasts going forward, amid US restrictions on chip sales to China (CNN)
2025-06-12 19:50 - https://www.techmeme.com/feed.xml
 
AMD unveils its new MI350X and MI355X GPUs for AI workloads, claiming up to 4x AI compute performance and 35x inference gains over the prior-gen MI300X (Paul Alcorn/Tom's Hardware)
2025-06-12 19:50 - https://www.techmeme.com/feed.xml
 
Chime opened at $43 in its Nasdaq debut on Thursday, after selling shares at $27 each in an IPO in which the neobank raised $700M and was valued at $11.6B (MacKenzie Sigalos/CNBC)
2025-06-12 18:50 - https://www.techmeme.com/feed.xml
 
Apple fixes an iPhone zero-day used in Paragon spyware hacks after a Citizen Lab report found two European journalists had their iPhones hacked with the spyware (Lorenzo Franceschi-Bicchierai/TechCrunch)
2025-06-12 17:49 - https://www.techmeme.com/feed.xml
 
Sources: FTC is discussing a consent decree on the Omnicom-Interpublic merger, prohibiting the combined company from boycotting platforms over political content (New York Times)
2025-06-12 17:49 - https://www.techmeme.com/feed.xml
 
Lyft ramps up its ad business with three new ad formats; CEO David Risher said that Lyft is on track to reach a $100M annualized ad revenue run rate by 2025 end (Kerry Flynn/Axios)
2025-06-12 16:49 - https://www.techmeme.com/feed.xml
 
Google is working with the US National Hurricane Center to test an AI model that forecasts cyclones and launches Weather Lab to share its AI weather models (Justine Calma/The Verge)
2025-06-12 15:49 - https://www.techmeme.com/feed.xml
 
Mattel partners with OpenAI to create AI-powered toys and games, with the first product expected in 2025, and integrates ChatGPT Enterprise in its business (Savyata Mishra/Reuters)
2025-06-12 16:49 - https://www.techmeme.com/feed.xml
 
Arm CEO Rene Haas sides with Nvidia CEO Jensen Huang, saying US export controls on China threaten to slow tech advances and harm consumers and companies (Bloomberg)
2025-06-12 14:49 - https://www.techmeme.com/feed.xml
 
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