Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
June 16, 2026, 4:55 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Reuters:
SpaceX agrees to acquire Cursor in a merger valuing the AI coding startup at $60B, set to close in Q3 2026, or pay a $4B to $10B termination fee  —  Elon Musk's SpaceX (SPCX.O) said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor …
Business Insider:
A profile of Cursor, including its hiring process and testy relationship with Anthropic, which told Cursor that Claude Code was a research effort, per a source
Ed Zitron / Ed Zitron's Where's Your Ed At:
Docs: audited financial figures show OpenAI spent $34B in 2025, up 172% YoY, including $19B on research and development and nearly $6B on sales and marketing  —  Today, I can exclusively report, based on audited financial documents viewed by this publication that have been independently verified …
Financial Times:
Docs: OpenAI's net loss grew from $5B in 2024 to ~$39B in 2025, a source says due to a $30B non-cash accounting charge linked to its previous structure
Sarah Perez / TechCrunch:
Google launches Android 17 and Wear OS 7, first on Pixel devices, with support for the latest AI models, a bubble bar UI, and live updates on Wear OS  —  Google on Tuesday released the final version of its Android 17 operating system, as well as its counterpart for smartwatches, Wear OS 7.
Mark Gurman / Bloomberg:
Sources: Apple's AirPods with cameras for AI are scheduled to launch in 2027 alongside the 20th anniversary pro iPhones and a second-generation foldable iPhone  —  Apple Inc.'s upcoming camera-equipped AirPods, a product meant to vault the company into the AI device market …
Leo Schwartz / The Information:
Anthropic says its senior leaders met Trump administration officials on Monday, didn't reach a resolution, and both sides are working to resolve things quickly
Z.ai:
Zhipu launches GLM-5.2, says it markedly improves coding and agentic tasks, with strong long-horizon capabilities and a 1M context window, under an MIT license  —  We're introducing GLM-5.2, our latest flagship model for long-horizon tasks.  It marks a substantial leap in long-horizon task capability …
Jay Peters / The Verge:
Snap unveils $2,195 Specs, its first AR glasses that are “fully standalone” and have a 51-degree field of view, expected “this fall” in the US, UK, and France  —  The new Specs are priced at $2,195, and you can preorder them starting today.
Harry McCracken / Fast Company:
A look at Specs, which have a battery life of up to four hours per charge, and an interview with Snap CEO Evan Spiegel about the AR glasses
Molly Taft / Wired:
Filing: the US DOJ asks the court to dismiss an NAACP lawsuit over xAI's gas turbines, saying xAI is integral to the US' military operations, like the Iran War  —  In a bid to dismiss a lawsuit over xAI's polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.
Reuters:
Sources: Binance is set to lose permission to offer services to EU clients from the start of July as its application for a license is about to be turned down  —  Binance, the world's largest crypto exchange, is set to lose permission to offer services to European Union clients within weeks …
Aisha Malik / TechCrunch:
Meta says Threads now has 500M MAUs, adds a “Your Algo” tool that lets users privately control what they see in their feed, and launches Communities out of beta  —  Nearly three years after launching as a competitor to Twitter (now X), Threads has reaches 500 million monthly active users, the company announced Tuesday.
The Information:
Sources: DeepSeek closed a ~$7.4B round at a $50B+ valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng  —  Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) …
Benoit Berthelot / Bloomberg:
France plans €655M in AI investments through 2030 and a Mistral-powered chatbot for state services; its security service will replace Palantir with Chapsvision  —  France's domestic intelligence agency, DGSI, will replace Palantir Technologies Inc. data tools with a local alternative …
Helen Partz / Cointelegraph:
Robinhood CEO Vlad Tenev says the company is “proactively” reducing its full-time workforce by ~10%, or ~290 employees, in a “flattening” of its org structure  —  Cointelegraph is committed to independent, transparent journalism.  This news article is produced …
Antonio G. Di Benedetto / The Verge:
Microsoft upgrades Surface Pro and Surface Laptop with Qualcomm Snapdragon X2 chips; Pro starts at $1,499 and Laptop at $1,599, both $100 higher than last-gen  —  New colors and high prices. New colors and high prices. … Microsoft is launching new Surface Laptops …
Ina Fried / Axios:
Microsoft is moving Copilot Cowork to usage-based pricing and is considering a Microsoft-hosted version of DeepSeek as a cheaper option  —  Microsoft is moving Copilot Cowork to usage-based pricing as it expands access to the enterprise AI tool — and is considering a Microsoft-hosted version of DeepSeek as a cheaper model option.
Wired:
Memo: CTO Andrew Bosworth said Meta did “an atrocious job” sharing Applied AI's vision, promising employees better communication, career growth, and more perks  —  In an internal memo seen by WIRED, Bosworth promised employees more stability, better communication …
Ashley Stewart / Business Insider:
Sources: Microsoft is adding AWS capacity to GitHub after AI-driven growth strained its infrastructure and contributed to dozens of major GitHub outages in 2026  —  Microsoft is turning to its biggest cloud rival, Amazon, to help address capacity issues on its GitHub coding platform following …
Simon van Zuylen-Wood / New York Magazine:
An interview with SBF about life in prison, his serialized prison memoir titled Manfred, and more, as he praises Trump, becomes a Republican, and seeks a pardon  —  Sam Bankman-Fried is incarcerated at a federal prison in Lompoc, California, which sits northwest of Santa Barbara and is dubbed “the City of Arts and Flowers.”
Emele Onu / Bloomberg:
Ripple acquires a stake in Flutterwave as part of the African payments startup's Series E, valuing Flutterwave at $3.2B  —  Flutterwave Inc., one of Africa's most valuable financial-technology startups, sold an equity stake to Ripple, as it seeks to accelerate growth through payments expansion and strategic partnerships.
Tegan Jones / SmartCompany:
Melbourne-based Everlab, which is building an AI-powered preventive healthcare platform, raised a AU$65M Series A led by Airtree Ventures  —  Melbourne healthtech startup Everlab has raised $65 million in Series A funding led by Airtree Ventures as it expands its preventative healthcare platform into global markets.
Sara Fischer / Axios:
Letter: Hightouch, an ad tech startup recently valued at $2.75B, offers to buy LiveRamp's identity business from Publicis for $800M to $1.2B in cash and stock  —  Hightouch, an ad tech startup recently valued at $2.75 billion, has offered to buy LiveRamp's identity business from ad holding group Publicis …

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Step into smarter meetings: Zoho Cliq Rooms is now available on Neat devices  —  The meeting landscape has completely transformed over the last few years, moving from conference rooms to people joining across locations and time zones.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Acquired:
 The Home Depot
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Big Technology Podcast:
 Special Report: Will AI Wipe Out Humanity? (And Who Profits)
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
 The Atlantic's CEO on AI, Billionaire Owners, and Moonlighting as a Creator
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
 Mark Zuckerberg on Muse, Meta's biggest AI bet yet
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Lenny's Podcast:
 How we built Grok Bot in a month | Roman Ugarte (SpaceXAI)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Invest Like the Best:
 Walter Russell Mead - How America Keeps Winning
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:55 PM ET, June 16, 2026.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

New York Times:
CBS News' 60 Minutes, returning under Nick Bilton, featured new correspondents and a refreshed stopwatch, and was more of a tweak than an overhaul

Alex Weprin / The Hollywood Reporter:
Board letter: Comcast and Paramount Skydance are launching a “review of strategic options” for their European joint venture streaming service SkyShowtime

Max Tani / Semafor:
A look at Treasury Secretary Scott Bessent's tense relationship with financial media, sources say after Bloomberg's 2025 story on his two “principal residences”

More News

David Heaney / UploadVR:
Qualcomm announces Snapdragon Reality Elite, its new flagship XR chipset, debuting in the compute puck of Xreal's Aura Android XR device this fall

Earlier Picks

Reuters:
India blocks Telegram until June 22, citing its use by organized “cheating rackets” to “defraud candidates” taking a national medical entrance exam on June 21
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter