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As of Wednesday, June 18, 2025, 05:30, Timezone: America/Chicago

xAI’s New $9.3B Debt Gamble: Elon Musk’s Urgent Push for AI Dominance / WinBuzzer

Tuesday, June 17, 2025, 4:21 pm permalink

Elon Musk’s xAI is launching an audacious funding drive, simultaneously seeking a multibillion-dollar debt package and a significant equity raise to fuel its ambitious AI projects. The dual-track strategy has ignited industry debate over financial risks and its potential to reshape the competitive AI landscape.

permalink / 3 stories from sources in 13 hrs #ai #startups #investment #business

OpenAI Signed a $200M Deal With the Defense Department: Why You Should Pay Attention / CNet

Tuesday, June 17, 2025, 3:21 pm permalink

In a significant government move, OpenAI has landed a $200 million deal with the US Defense Department to develop advanced AI solutions for national security. This landmark contract underlines the accelerating convergence of cutting-edge AI technology and defense innovation.

Bluesky: @techcrunch.com

permalink / 3 stories from sources in 14 hrs #ai #defensetech #openai #government

Sam Altman Says Meta Offered OpenAI Staffers $100 Million Bonuses - Bloomberg.com / Bloomberg

Tuesday, June 17, 2025, 8:20 pm permalink

OpenAI CEO Sam Altman reports that Meta made a bold move by offering a $100 million bonus package to lure its staff, an aggressive recruitment tactic in the fiercely competitive AI race. Despite the hefty offer, Meta’s effort ultimately fell short of its goal.

permalink / 4 stories from sources in 9 hrs #ai #meta #openai #jobs

AI will shrink Amazon's workforce in the coming years, CEO Jassy says / CNBC

Tuesday, June 17, 2025, 2:20 pm permalink

Amazon CEO Andy Jassy stated that the company’s growing use of generative AI tools is set to reduce its corporate workforce. This strategic, if unsettling, move to prioritize automation and efficiency underscores significant internal restructuring and potential job cuts.

Bluesky: @theurbanist.org, @techcrunch.com

permalink / 8 stories from sources in 15 hrs #ai #amazon #jobs #layoffs

Salesforce Hikes Pricing for CRM and Slack, Adds AI Features - The Information / The Information

Tuesday, June 17, 2025, 10:20 pm permalink

Salesforce has raised prices for its CRM products while introducing AI enhancements for Slack. The strategy, a clear nod to the evolving tech landscape, is designed to leverage AI’s promise to justify the cost increase—pending customer reactions that are, naturally, as mixed as the very algorithms they tout.

permalink / 2 stories from sources in 7 hrs #ai #saas #business #pricing

Taiwan thumbs its nose at Beijing by blocking chip exports to SMIC and Huawei / The Register

Tuesday, June 17, 2025, 4:21 pm permalink

Taiwan has imposed export bans on crucial semiconductor technologies to China’s SMIC and Huawei, intensifying the US–China tech rivalry. This decisive move underscores geopolitical tensions and raises alarms about future disruptions in the global semiconductor supply chain.

permalink / 2 stories from sources in 13 hrs #chips #asia #huawei

MiniMax M1 model claims Chinese LLM crown from DeepSeek - plus it's true open-source / The Register

Tuesday, June 17, 2025, 2:20 pm permalink

A Chinese AI startup has unveiled its open‐source MiniMax M1 model, asserting it can efficiently handle large context windows and rival incumbent U.S. language models. The breakthrough signals a bold counterstrike in the global AI competition and has raised eyebrows over international market dynamics.

permalink / 2 stories from sources in 15 hrs #ai #ml #china #asia

AWS focuses on simplifying cloud security at reInforce 2025 conference / Silicon Angle

Tuesday, June 17, 2025, 6:20 pm permalink

At its annual re:Inforce 2025 conference, AWS rolled out a suite of security enhancements—including 100% multi‐factor authentication enforcement for root users—aimed at simplifying cloud security and fortifying defenses against modern threats. The improvements promise to streamline customers’ security management across complex cloud infrastructures.

permalink / 2 stories from sources in 11 hrs #cloud #cloudsec #amazon #security

Apple Saves $300 Million After Appeals Court Win in LTE Patent Fight / MacRumors

Tuesday, June 17, 2025, 3:21 pm permalink

Apple has secured yet another win in its protracted patent litigation with Texas-based patent troll Optis, evading a massive $300 million liability. Judges ordered a do-over, allowing the tech giant to dodge a hefty payout while its legal drama continues to unfold.

Bluesky: @appleinsider.com

permalink / 3 stories from sources in 14 hrs #mobiletech #apple #law

Trump says he will probably extend TikTok deadline again - Reuters / Reuters

Tuesday, June 17, 2025, 2:20 pm permalink

In a surprising twist, former President Trump has indicated that he may extend TikTok’s sale deadline once again, injecting further uncertainty into the platform’s troubled transaction saga. His comments continue to fuel debates amid intense regulatory scrutiny over the deal.

Bluesky: @macrumors.bsky.social

permalink / 9 stories from sources in 15 hrs #business #trump #tiktok #acquisitions

X sues New York over hate speech disclosure law / Engadget

Tuesday, June 17, 2025, 5:21 pm permalink

In an ironic twist amid today’s high-stakes digital drama, social media giant X has filed suit against New York over a new hate speech disclosure law it calls a bureaucratic overreach. Critics argue the regulation stifles free speech, and X isn’t holding back as it challenges the measure head‐on.

Bluesky: @djnoneya.bsky.social, @arstechnica.com

permalink / 3 stories from sources in 12 hrs #techpolicy #politics #government #law

Pro-Israel hacktivist group claims reponsibility for alleged Iranian bank hack / TechCrunch

Tuesday, June 17, 2025, 6:20 pm permalink

Amid escalating regional conflict, pro-Israel hacktivist groups claim a significant cyberattack targeting Iranian institutions, with one report alleging a breach at an Iranian bank. This digital offensive underscores the increasingly blurred lines between traditional geopolitical conflict and cyber warfare.

permalink / 5 stories from sources in 11 hrs #cybersecurity #government #cybercrime

AMD to design processor for Xbox Next: Team Red extends long-standing Microsoft partnership / Tom's Hardware

Tuesday, June 17, 2025, 2:20 pm permalink

Microsoft has joined forces with AMD to develop high-performance custom processors for its next-generation Xbox consoles. Multiple announcements highlight a strategic push for enhanced gaming performance, backward compatibility, and integrated hardware innovations that promise to shake up the console market.

Bluesky: @carlivelocci.com, @jaypeters.net, @tomwarren.co.uk

permalink / 11 stories from sources in 15 hrs #gaming #microsoft #amd #xbox

Meta Announces All Facebook Videos Will Become Reels / WinBuzzer

Tuesday, June 17, 2025, 3:21 pm permalink

Meta is overhauling its video strategy by merging all user uploads into the Reels format. This bold, sweeping change is designed to simplify content creation, streamline user engagement, and signal a new era in the company’s ongoing battle for digital attention.

Bluesky: @techcrunch.com

permalink / 4 stories from sources in 14 hrs #meta #apps

iOS 18.6 Beta Code Leaks Apple’s Smart Display Home Hub / iPhone in Canada

Tuesday, June 17, 2025, 2:20 pm permalink

Analysis of iOS 18.6 beta code has revealed unexpected references to an upcoming smart display home hub, suggesting that Apple is quietly advancing its home automation ecosystem. Industry watchers are now speculating on the potential features and market impact of this next-generation device.

permalink / 3 stories from sources in 15 hrs #smartcities #apple #ios #gadget

JPMorgan to Launch Dollar Token on Coinbase’s Blockchain - The Information / The Information

Tuesday, June 17, 2025, 5:21 pm permalink

JPMorgan is boldly venturing further into crypto by launching a new digital token on Coinbase’s blockchain—a stablecoin-like offering designed to appeal to modern financiers. The banking giant is mixing tradition with digital daring, much to the amusement of market watchers.

permalink / 2 stories from sources in 12 hrs #blockchain #crypto #banking #finance

Minnesota lawmaker’s alleged killer had list of data broker websites in car, FBI says / The Record

Tuesday, June 17, 2025, 4:21 pm permalink

Investigations reveal that the alleged killer of a Minnesota lawmaker had amassed data broker websites to target legislators, sparking fierce political debate and calls for tighter data controls. Critics dismiss partisan theories while emphasizing privacy risks and systemic data vulnerabilities.

Bluesky: @aleianjack.bsky.social, @jenlucpiquant.bsky.social

permalink / 3 stories from sources in 13 hrs #cybercrime #privacy #law

Senate passes GENIUS stablecoin bill in a win for the crypto industry / The Verge

Tuesday, June 17, 2025, 9:20 pm permalink

The U.S. Senate delivered a knockout punch to crypto skeptics by passing the GENIUS Act in a decisive 68-30 vote. With bipartisan cheer echoing in the chamber, lawmakers have paved the way for a reimagined regulatory framework that’s set to turn the crypto world on its head – because who knew digital money could be this thrilling?

permalink / 2 stories from sources in 8 hrs #crypto #finance #law