Techmeme
July 6, 2026, 10:40 AM

Top News

Bloomberg:
Memo: Xbox CEO Asha Sharma says the unit will divest five studios, including Ninja Theory, alongside ~3,200 job cuts, to streamline the business, in a “reset”  —  Compulsion and Double Fine studios will become independent; Undead Labs and Ninja Theory will be sold.
Tom Warren / The Verge:
Memo: Microsoft is laying off ~4,800 employees, or ~2.1% of its workforce; most are in sales or Xbox, where ~20% of jobs are set to be cut by the end of FY 2027  —  Most of the job losses are in Microsoft's Xbox and commercial sales organizations. … A year after cutting around 9,100 employees …
Bill Toulas / BleepingComputer:
Researchers document JadePuffer, the first known “agentic ransomware”, which adapts in real time by retrying steps to execute an end-to-end extortion operation  —  Researchers identified what they believe is the first documented case of a ransomware operation, JadePuffer …
Anniek Bao / CNBC:
SemiAnalysis: Nvidia delays its next-gen AI rack system Kyber NVL144 by 12+ months to 2028 due to PCB manufacturing issues, and cancels its NVL72x2 architecture  —  NVIDIA's next marquee product — the Kyber rack-scale architecture designed to house its 2027 Rubin Ultra chips …
Ming-Chi Kuo:
Kuo: Apple suppliers plan to ship <1M foldable iPhones in Q3 2026, which may push the start of device preorders and sales to Q4, with weeks of delivery delays  —  My latest industry survey indicates that assembly shipments for the foldable iPhone in 2H26 will be roughly 7-8 million units …
Akash Sriram / Reuters:
Broadcom agrees to expand its Apple partnership through 2031 to develop and supply custom chips; in 2023, the companies announced a multibillion-dollar 5G deal  —  Broadcom (AVGO.O) said on Monday it has agreed to expand its partnership with Apple (AAPL.O) through 2031 to develop and supply custom chips …
CNBC:
Anthropic signs a 20-year, ~$19B lease to use a TeraWulf data center in Kentucky, set to have a ~400MW capacity and to start delivering power in H2 2027  —  Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky.  —  The data center, located about an hour southwest …
Reuters:
SK Hynix launches a US share sale on the Nasdaq to raise ~$28B, selling 17.79M new shares; the final listing price is due Thursday before trading starts Friday  —  South Korean chipmaker SK Hynix (000660.KS) on Monday launched a U.S. share sale to raise 43 trillion won ($28.07 billion) …
Connie Loizos / TechCrunch:
An interview with Agility Robotics CEO Peggy Johnson on why the startup is going public via a SPAC, the physical layer as its core advantage, safety, and more  —  The humanoid robotics market is awash in money right now.  Last week, AI2 Robotics, a Shenzhen-based startup that makes wheeled humanoid robots …
More: Benzinga
David Keohane / Financial Times:
How Masayoshi Son is remaking SoftBank in his own image, betting on AI; SoftBank trades at a ~50% discount to its net asset value, as some question his strategy  —  The veteran investor has put himself at the centre of the global AI boom.  Some think he now has too much control
James Hunt / The Block:
Filing: Strategy sold 3,588 bitcoin for ~$216M between June 29 and July 5 to replenish its USD reserve; its holdings have an $11.4B paper loss at current prices  —  Quick Take  — Strategy has sold 3,588 BTC for approximately $216 million, reducing its total holdings to 843,775 BTC.
Brian Danga / The Block:
Ripple secures CASP authorization from Luxembourg's financial regulator, making it fully MiCA-compliant to offer crypto services across 30 EEA countries  —  Quick Take  — Ripple said it received CASP authorization from Luxembourg's CSSF, making it fully MiCA-compliant to offer crypto services across 30 EEA countries.

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Armin Ronacher / Armin Ronacher's Thoughts and Writings:

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