| Jagmeet Singh / TechCrunch: |
Appfigures: daily downloads of major VPN apps in India rose 49% on June 16 after India announced its Telegram ban; Proton and Turbo recorded largest increases — As India cut off access to messaging app Telegram for a week over concerns about exam-related fraud, users turned to virtual private networks … | Bloomberg: |
Sources: Commerce Secretary Howard Lutnick questioned ASML leaders on concerns China acquired one of its EUV machines, violating US-led export restrictions — Dutch chip-equipment giant ASML Holding NV is contending with its biggest challenge yet under the Trump administration … | Hugo Lowell / Wired: |
New book: Trump mocked Zuckerberg and Bezos by showing associates their fawning texts, saying they were “kissing my ass”; Musk called it “First-class groveling” — “You would not believe the texts I got from these tech guys,” NYT reporters Maggie Haberman … | Jesse Coghlan / Cointelegraph: |
The CFTC permanently bans Celsius founder Alex Mashinsky from trading in markets it oversees as part of a settlement resolving its 2023 lawsuit against him — Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance … | Financial Times: |
Sources: SpaceX plans to raise $20B in a bond sale as soon as next week; the funds would be used to pay back a $20B bridge loan taken out after the xAI merger — AI and rocket group is tapping debt markets after raising $86bn in stock market debut — SpaceX is planning to raise $20bn … | Artificial Analysis: |
GLM-5.2 is the leading open weights model on Artificial Analysis' Intelligence Index, scoring 51, only behind Fable 5's 60, Opus 4.8's 56, and GPT-5.5's 55 — Z ai's GLM-5.2 is the new leading open weights model on the Artificial Analysis Intelligence Index scoring 51 and it sits on the Pareto frontier of Intelligence vs Cost per Task| Ana-Maria Stanciuc / The Next Web: |
| Priyanka Salve / CNBC: |
Filing: Jio Platforms, India's largest wireless operator with 526M+ subscribers, files for an IPO; the deal is expected to be one of India's biggest IPOs ever — Billionaire Mukesh Ambani's Jio Platforms, India's largest wireless operator and digital service provider, filed draft papers for an initial public offering on Friday.| Marilen Martin / Bloomberg: |
Siemens expects Xcelerator revenue to more than double in 2026, aiming to make the platform an industrial app store integrating software and hardware offerings — Siemens AG expects revenue from its online store to more than double this year, though the maker of industrial software and trains … | Zack Zwiezen / Kotaku: |
Take-Two's Rockstar Games announces that pre-orders for Grand Theft Auto VI will go live on June 25 for PS5 and Xbox Series consoles; TTWO closed up 4.93% — If you were worried about another delay, you can probably stop worrying … Some of you might roll your eyes at the seeming certainty of that statement, and understandably so.| Lucas Ropek / TechCrunch: |
Snap plans to spin off an internal generative AI video team into Dotmo, a new company focused on AI models for interactive gaming experiences, citing high costs — Snap will be spinning off an internal generative AI video team into a separate company. The new company — dubbed Dotmo … | Jiahui Huang / Wall Street Journal: |
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO — The company has also been backed by Toyota and SAIC Motor — Chinese autonomous-driving company Momenta's valuation has reached around $9 billion … | Matt Kapko / CyberScoop: |
How hacker group TeamPCP exploited the open source trust model and distribution method to compromise and inject malware into over 1,000 software packages — The threat group's remarkable success targeting open-source software was inevitable and fueled by the industry's decision to prioritize code shipping over security.| Financial Times: |
Doc: SpaceX says the EU's plan to reserve satellite spectrum for European operators risks disrupting connectivity, including for emergency services in Ukraine — Elon Musk's group hits out at proposal by bloc to reserve part of spectrum band for European operators| Wall Street Journal: |
Sources detail how Google is using Nvidia's playbook to build an AI chip business, including providing $3.2B to fund a NY data center renting TPUs to Anthropic — Wielding its war chest to win data-center customers for its silicon, the world's second-biggest company is taking a page from No. 1| Hayden Field / The Verge: |
Barret Zoph leaves OpenAI again five months after rejoining in January; Zoph initially left OpenAI in 2024 to serve as Thinking Machines Lab co-founder and CTO — Five months after returning to OpenAI, Barret Zoph — the company's head of enterprise AI sales — has departed, The Verge has learned.| Marina Temkin / TechCrunch: |
Source: Elastic has agreed to acquire the AI site reliability engineering startup Deductive AI for up to $85M; CRV led Deductive AI's $7.5M seed round in 2025 — DeductiveAI, a startup that uses AI to catch and resolve bugs in software, has agreed to be sold to enterprise software company Elastic … | Yueqi Yang / The Information: |
Sources: Kalshi is generating $2B+ in annualized revenue, up about three times from November, and has held informal talks with banks about an eventual IPO — Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November …
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| Bloomberg: |
| Marcus Mendes / 9to5Mac: |
| Ashley Gold / Axios: |
| Sean O'Kane / TechCrunch: |
| Anhata Rooprai / Reuters: |
| Kai Nicol-Schwarz / CNBC: |
| Richard Lawler / The Verge: |