Search: “techmeme”

Bloomberg: SK Hynix's historic US stock market listing is a bet that the AI boom is breaking the memory chip industry's decades-long boom-and-bust cycle — South Korean memory chipmaker SK Hynix Inc. j

Bloomberg: Sources: activist investor Elliott has built a large stake in car insurance software maker CCC, which is exploring a potential sale and has a ~$3.5B market cap — Elliott Investment Manageme

Robbie Whelan / Wall Street Journal: Sources detail the Trump admin's heavy-handed intervention to aid Intel, including pushing it to expand local capacity and pressuring Apple to use Intel's fabs — T

Matt Kapko / CyberScoop: A US court sentences a former ransomware negotiator to 70 months in prison for colluding with BlackCat to extort 75.3M from five of his employer's clients — Angelo Martino exp

Noam Scheiber / New York Times: A US NLRB judge rules that Atlassian had illegally fired an employee in 2023 for pushing back against manager layoffs, and orders reinstatement and compensation — A fed

Katherine Sayre / Wall Street Journal: An RIAA-led coalition representing labels and artists proposes two tags for AI content: one for entirely AI-generated songs and another for “AI-assisted” tracks

Bloomberg: Analysis: Alphabet, Amazon, Meta, Microsoft, and Oracle, the top spenders on new US data centers, collectively added ~$350B in debt over the past five years — The largest builders of artifi

Megan Morrone / Axios: Apple alleges that a former Apple engineer kept a work-issued Apple laptop and exploited a bug to access Apple's cloud file storage while employed by OpenAI — Apple is suing Ope

CNBC: Apple alleges that Tang Tan, OpenAI's chief hardware officer and a former Apple VP, has directed Apple staffers interviewing at OpenAI to share Apple secrets — Apple on Friday sued OpenAI in fed

Mark Gurman / Bloomberg: Apple claims OpenAI recruited 400+ ex-Apple employees, including an iPhone engineer who allegedly downloaded confidential hardware files before joining OpenAI — Apple Sues Ope

Sarah Perez / TechCrunch: Apple says OpenAI leadership “normalized” misconduct and OpenAI's hardware business is “rotten to its core by its illegal reliance” on stolen trade secrets — Apple filed a la

Chance Miller / 9to5Mac: Apple sues OpenAI, alleging that ex-Apple employees stole “Apple's trade secrets for the benefit of OpenAI”, and says OpenAI never responded to its concerns — Apple has filed

Lucas Ropek / TechCrunch: Bluesky interim CEO Toni Schneider becomes the company's permanent CEO, four months after succeeding Jay Graber — In March, Bluesky's longtime CEO, Jay Graber, stepped down f

Bloomberg: China drops a numerical target for urban job creation in its five-year plan, the first such omission since the 1990s, amid volatility fueled by AI displacement — China dropped a numerical t

Vildana Hajric / Bloomberg: Circle says it received US regulator approval to start a national digital-currency trust bank, allowing it to offer institutional custody services — Circle Internet Group I

Eric Geller / Cybersecurity Dive: CISA says weak security controls around the use of public GitHub repos allowed a contractor to accidentally leak private cloud access keys and other credentials — The

Aaron Tilley / The Information: In its lawsuit, Apple chronicles in vivid detail how its former employees that went to work for OpenAI allegedly violated their confidentiality agreements — In the mont

Adam Satariano / New York Times: In preliminary findings, the EU Commission said Facebook's and Instagram's “addictive design” violates the DSA, telling Meta to make changes or risk hefty fines — Euro

Marcus Mendes / 9to5Mac: In response to Apple's trade secret theft lawsuit, OpenAI says “we have no interest in other companies' trade secrets” — OpenAI has issued a formal statement in response to Ap

M.G. Siegler / Spyglass: Like the Claude app it imitates, the new ChatGPT “Super App”, which merges Codex with ChatGPT, is a tangle of toggles and strange UI decisions — Even if it's ultimately the ri

Saritha Rai / Bloomberg: Malaysia Prime Minister Anwar Ibrahim plans to debut an agentic AI avatar of himself within days, which is meant to help the public navigate government services — Malaysia Pri

Corbin Bolies / Variety: Meta says it will discontinue a feature that allowed users to generate images in Meta AI using public Instagram accounts, following days of criticism — Meta said it will disco

Cristian Dina / The Next Web: Munich-based QuantumDiamonds, which uses quantum sensors to detect chip defects, raised €91M, including €76M under the European Chips Act — QuantumDiamonds, a spin-out of

Maxwell Zeff / Wired: OpenAI's head of safety, Johannes Heidecke, is leaving as OpenAI integrates its research and safety teams; Mia Glaese will become VP of research and safety — Johannes Heidecke's

Bloomberg: Phia, a shopping app co-founded by Phoebe Gates that has raised $43.5M, appears to be using fake clicks or “cookie stuffing” to claim affiliate commissions — Phia, an advertising startup co

Bloomberg: Polymarket is seeking CFTC and NFA approval to offer margin trading in the US, which would let users bet on events with less capital upfront and attract traders — Polymarket is seeking regu

Ina Fried / Axios: Privacy advocates, CAA, and SAG-AFTRA slam Meta's Muse Image, which lets users create AI images using the likenesses of people with public Instagram accounts — Meta's move to allow

Reuters: SK Hynix CEO Kwak Noh-Jung says the memory industry is heading for its worst-ever supply shortage in 2027 and demand will outstrip supply beyond 2030 — SK Hynix (000660.KS) Chief Executive Kw

Kif Leswing / CNBC: SK Hynix opens up 14% at 170 after raising 26.5B in the largest ever US market debut by a foreign company — SK Hynix opened at $170 per share on the Nasdaq on Friday, rising about

CNBC: Source: Greg Brockman will continue to oversee OpenAI's products as the company doesn't plan to hire anyone to replace Fidji Simo after she stepped down — There's a new second-in-command at Open

Zijing Wu / Financial Times: Sources: Manus investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor — Chinese te

Wen-Yee Lee / Reuters: Taiwan's leading DRAM maker Nanya Technology expects its capex to exceed ~6.2B in 2027, up ~4x YoY, and reports unaudited Q2 revenue of ~2.6B, up 684% YoY — Taiwanese memory chi

Karen Freifeld / Reuters: The Department of Commerce loosens export controls to the UAE, letting G42 and US companies like Apple, Meta, and xAI export AI chips to UAE without a license — The U.S. Depa

Muvija M / Reuters: The UK designates Microsoft, Google, Amazon, and Oracle as critical third-party financial sector suppliers, bringing them under direct regulatory oversight — Britain has designated

Thinking Machines Lab: Thinking Machines says its mission is to build AI that people and organizations can shape and make their own, and that “extends human will and judgment” — The mission of Thinkin

Cameron Faulkner / The Verge: Xreal launches $299 A01 Plus AR glasses, weighing just 62 grams and featuring 1080p micro OLED panels with a 120Hz refresh rate and a 50-degree field of view — The A01 Pl

Boone Ashworth / Wired: 1X says its humanoid robot Neo's five-fingered hands have tendon-style actuators that give it 25 degrees of freedom of movement, nearly the same as a human hand — The soft, wei

Emma Whitford / Inside Higher Ed: A Brown University professor suspected his class used AI to cheat after a take-home midterm averaged 96%, prompting an in-person final, which averaged 48.6% — Brown U

Anthropic: Anthropic debuts a “reflection” dashboard in beta for Free, Pro, and Max users with memory turned on, to track their Claude activity over 1, 3, 6, or 12 months — Today we're introducing, in

Jarred Sumner / bun.com: Bun's creator says he rewrote Bun from Zig to Rust using a Claude Fable 5 prerelease version in 11 days, noting it would've taken three engineers “about a year” — Disclosure:

Financial Times: Carlyle agrees to sell US data center power and infrastructure platform Copia to EQT; sources: the deal values Copia at $2.6B, a fivefold return for Carlyle — Deal underscores bright

Ivan Mehta / TechCrunch: Character.AI launches three human-written, AI-generated microdramas, whose characters users can chat with, and aims to eventually let users make their own shows — Microdramas

Hannah Lang / Reuters: Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham moves into his role with the title of general counsel — Coinbase (COIN.O

Isabelle Bousquette / Wall Street Journal: Companies are mobilizing internal groups of “AI champions” to drive adoption; BCG says 74% of front-line employees now use AI regularly, up from 51% in 2025

Lily Mae Lazarus / Fortune: Databento, which sells financial data feeds, raised a 97M Series B led by NEA, taking its total funding to 127M, and says it is “profitable every month” — Christina Qi spen

Gené Teare / Crunchbase News: European startups raised 24B in Q2, up 66% YoY and the strongest quarter in four years; UK startups raised 10.4B, above Germany's 3.2B, and France's 2.4B — In Q2, Europe