The Brutalist Report - techmeme

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Sources: Microsoft plans to announce job cuts next week affecting less than 2.5% of its 220,000-person workforce, including roles in sales, consulting, and Xbox (Ashley Stewart/Business Insider) [11d]
Sources: the Trump administration plans to lift export restrictions on Anthropic's Fable 5 as early as Tuesday evening, making it available to all general users (Politico) [11d]
Sources: Kalshi agreed to pay $20M to sponsor the World Cup knockouts, after initially balking at FIFA's $150M asking price, alongside ADI Predictstreet (Bloomberg) [11d]
Almost 1,700 UK investors sue Binance and Changpeng Zhao for at least £150M, alleging Binance sold them risky derivative products without regulatory approval (Kirstin Ridley/Reuters) [11d]
Filing: President Trump reports $1.4B+ in income from his family's crypto ventures in 2025, including $500M+ from WLF and $635M from the sale of his $TRUMP coin (Reuters) [11d]
Sources: TikTok settles a lawsuit before a second California trial over social media harm to minors for an undisclosed sum; Meta and Snap remain defendants (Bloomberg) [11d]
Sources: Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a possible takeover last year, before directing Meta employees to build a prediction market app (Bobby Allyn/NPR) [11d]